Statistics : Page - 5

Variance Average = sum of product of x and corresponding probability = X*P(X) Average for Bill = average for Ben = 4.5. Both have same average time. Standard deviation = √ variance Variance = ∑X2*P(X) – [average] 2  For Bill : variance = 21.3 -4.52 = 1.05 Standard deviation = √1.05 = 1.024    For Ben : variance = 22.9 -4.52 = 2.65 Standard deviation = √2.65 = 1.627. ...

Sustainable Competitive AdvantageThe main purpose of the implementation of the sustainable competitive advantage is to ensure most use of the resources that are available with the same. Following are the four conditions for sustainable competitive advantage: Having high value for the products that is capable of providing effectiveness and efficiency The products also must be rare that will ensure no other rival will have the products. The...

Current Research Context OverviewCurrent Research Context Overview   The gentrification has been lapping over the London for at least a generation. Beginning in the previous war years, Camden and Islington commenced to transform into leafy havens. Gentrification as currently known began to gather pace in the previous war years; the years when the United Kingdom transformed from the manufacturing-led economy to the service-led economy. Th...

Problems with Poor Management in Civil ProjectsThe construction industry is one of the most popular and considered as the main sector which is capable of providing the important resources or the ingredients that are used to develop the state of the economy. The construction is the main tool which is used to achieve the goals of the rural and urban development projects. The construction industry is rapidly growing in the Australia. Fundamentall...

The impact of Al Jazeera on the Arab worldAl Jazeera is a “Qatar based Arabic language” television satellite channel that is highly recognized for the revolutionizing of television news coverage in the Arab world.  Right after the launching of the Al Jazeera Television in the year 1996, the status of the Arab Media as well as its interaction with the political sphere that existed at that time is quite different from what is be...

Positive and Negative Effects of Workforce Diversity in Accounting FirmsDiversity is a concept that in simple words state as the acceptance and respect which differentiate the understanding and reorganization that each individual demonstrate. This gives the appreciation to humanity, environment and culture on the basis of interdependency. The alliances have been built across the level if differentiation so that all type of work related discrim...

The Importance of Quantitative Research in Online Tutoring Business1. Quantitative research is used for generating results by using data that can be analysed or that can be converted into statistics. It is used for quantification of any aspect like attitude, behaviour, opinion etc. The data can be collected by various methods. It is one of the most prominent method of research based accounting and is widely used. 2. Qualitative method is the ...

Background of Sheraton HotelThe hospitality industry is a continuously growing sector due to increased demand for luxury travel, leisure, and business. In order to sustain the competitive business market, it is essential for the business organization to increase their business and customer base. In order to strive for continuous growth, the business organizations need to emphasize on the international establishment. This will allow the compani...

Definition of key termsPhysical activity has been associated with a sharp decrease in morbidity and research has indicated that there are a number of health benefits associated wit physical activity. However, a small section of the common population engages in any form of physical activity for maintaining a healthy life. A daily form of moderate to light physical activity is highly recommended for bringing significant improvement in general he...

Services provided by the companyCiSolve International Ltd is the IT consulting arm of a joint venture between the LEAL Group and The CIS Group, a leader in volume distribution and in the integration of ICT products and services in the Near-East and Africa CIS Group. We help organisations derive maximum value out of technology investments through business solutions. CiSolve is a multifaceted organization with a single aim – to work across p...

Part 1The news is one of the major story making aspects that a large number of individuals are significantly interested in. People seek to understand the occurrences that take place in their countries, which can affect them or other individuals. With this regard, therefore, a significant industry has fully been established in every country, whose main purpose is to deliver news to all individuals. Even before technological advancements which...

Overview of HVAC Systems and Energy ConsumptionHeating, Ventilation, and Air-conditioning (HVAC) systems are commonly used in diverse climatic regions worldwide. HVAC systems are comprised of components for supplying, filtering, cooling, heating and distributing conditioned air in buildings. Usually, there are two categories of HVAC systems that are high and low-pressure systems. These two systems function differently; high-pressure systems al...

Analysis of the competitive landscape for Singapore Post using the 5-forces frameworkSingapore Post has invested a whopping $182 million for the launch of its e-Commerce Logistics Hub (Singpost.com 2017). It has three storeys, and has two floors for warehousing. There is a fully automated facility for sorting parcels in the ground floor of the building, and it has a capacity of up to a hundred thousand parcels every day. The parcels that are t...

Task 1: Strategic Direction and Strategic Thinking of Dialog Axiata Dialog Axiata is a telecommunication company in Sri Lanka with the vision of being the one and only undisputed leader in the telecommunication sector. The vision of the organization will help the country to increase connectivity and enhance the enterprises and lives. Multi-sensory connectivity aimed by the organization will help in enriching and empowering the lives of the Sri L...

The importance of internal stakeholders in strategic planningThere are three major internal shareholders that opinions are important in strategic planning process. The attention ought to be on inside partners, board individuals, doctors, senior initiative, and division heads. The teacher's experience is that one-on-one meetings, where the questioner tunes in and takes notes without attempting to coordinate the talk toward a foreordained result...

What are the key elements to consider when researching administration system requirements?1.What are the key elements to consider when researching administration system requirements? What resources would you use to identify each element? The elements which we consider for researching administration system are as follows: Components of the system: It should include what we need and budget allocated for the purchase of the products. Number ...

PICO QuestionThe background of the study states the clinical problem.  The clinical problem was that patient nurse ratio affects the safety of the patient and the mortality rate of the patients. The main problem is that due to lack of educated nurses the patient outcome is affected or not. The research problem is that if the patient- nurse ratio affects the patient outcome (Aiken, et al., 2011). In the assignment, the method of the study,...

Topics Covered in the CourseThe case of Dr. Pepper Snapple Group (DPS) is related to a comprehensive case of strategic management that comprises of organizational chart, year-end financial statements, competitor details, etc of the company. DPS is regarded as the emerging producer of flavored beverages in Caribbean and North America wherein more than fifty brands is offered. It is the third biggest producer of carbonated drinks pursuing a mark...

Authors' Reason for the Need for the StudyThis paper focuses on reviewing an article about the economic effect on New York's bar and restaurant industry after the implementation of smoke-free laws.  This article will describe the authors' argument on the need for a research, including the level on which the authors synthesized and the in-depth analysis of the existing research materials to justify the reason as to why this study is the ne...

Business Unit ResearchIn the present competitive business environment, organization has tried to diversify its entire business process so that it can eliminate market risks in an effective manner. Many studies have highlighted the fact that effective utilization multiple business units allows organizations to get closer to more number of potential customers (Becker, Kugeler and Rosemann 2013). For that reason, it allowed organizations to incre...

External Environment and Industry Competition AnalysisThis report is about the strategy analysis of famous outdoor clothing company named Patagonia. The report focuses on the environmental analysis of the company by the PESTEL and Porter’s five forces analysis. The company has engagement process to bring transparency, improve risk management, targeting customers, providing information and increase efficiencies etc. Patagonia is the uniqu...

The significance of customer satisfaction in the hospitality industryThe hotel industry is relying on the leveraging customer satisfaction and provides them better quality for their sustainable business condition. The traditional hotel market is depending on the market share and the potential improvement of technological improvement in the hotel industry and that create a development to gain competitive from the other hotel industries. The tec...

Issues with the Existing Internal Communication SystemBackground: The background of the proposal is the tendering of a risk management design for AOK Securities Limited with a large organization. Pinkerton based in the United States has been selected as the company to float the tender for the risk management design. The problem is to outline a project proposal and emphasize on good flow of internal communication within an organization. AOK Se...

Present state of the organisation and situation analysisThe meeting with CEO of Cocoa Delights’ has provided some valuable insights about the present state of affairs in light of which the marketing initiatives of the organisation, both present and future, have been analysed and evaluated. Upon analysis, few suggestions have been provided. Cocoa Delights’ is in the business of manufacturing and marketing gourmet dark chocolates ...

Research DesignWeight gain and obesity has become a key issue for people throughout the world. This weight gain among young university or college students has become a vital concern. Furthermore, there is also increased anxiety about if weight of male and female differ from each other. It is believed that weight of female is slightly higher than male from age group of 7 to 16 but weight of male are slightly higher than weight of male after age...