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1 year ago

site:coursehero.com why is it crucial to collect and analyze data when planning professional development sessions?

1 answer:

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Students are required to evaluate and analyze the data they gather in order to develop explanations for their results.

<h3>What is analyzing data?</h3>

To analyze anything is to break it down into its component parts and look at each one separately. Getting raw data and turning it into information that users can use to make decisions is the process of data analysis. In order to find answers, validate theories, or test hypotheses, data is gathered and evaluated.

Data analysis, according to statistician John Tukey, is:

"Procedures for analyzing data, techniques for understanding the findings of such procedures, methods for organizing the collection of data to make its analysis simpler, more accurate, or more precise, and all the equipment and results of (mathematical) statistics which apply to analyzing data."

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8. Chocolates bought at 5 for £6 are sold at 2 for £3, find:

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1. Divide price by quantity:

6/5 = 1.20 each

2. 3/2 = 1.50 each

3. profit/ loss = sold - purchased price

1.50 - 1.20 = 0.30 profit

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2 years ago

________ variables, from countries to neighborhoods, are the units that may be considered in developing a segmentation strategy.

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Answer:C

Explanation:

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3 years ago

Except in extreme cases, the evaluation of success or failure is ________ because time and cost to complete the project are ____

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<span>Except in extreme cases, the evaluation of success or failure is subjective because time and cost to complete the project are estimates.

Things can go "wrong" or "right" in someones mind even if the overall project is going smoothly. Since project completion times are typically estimates, success is going to be subjective. In designing a new product, until that project launches and is deemed a success or failure, it's hard to classify it. </span>

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4 years ago

Consider a competitive market with a large number of identical firms. The firms in this market do not use any resources that are

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Answer:

a. increase price in the short run but not in the long run.

Explanation:

A perfectly competitive market is one in which firms in an economy produce similar goods, and use resources that are limited in quantity.

An increase in demand will result in a corresponding increase in price, and results in firms making high profits. In the diagram below it results in a shift of demand from D1 to D2.

In the long run as firms have low barrier to entry more firms enter the market and supply shifts from S1 to S2. There is reduction in prices and profits start to fall. This is illustrated in the second diagram.

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3 years ago

According to the rational choice decision-making process, the first step in solving this problem would be:

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Answer:

The correct answer is: identifying the problem or opportunity.

Explanation:

Identifying the problem or opportunity is the first step in the rational decision-making process. To know which direction the firm is going to take, the main issue must be pointed out so based on the possible solutions the company can provide, the first steps can be taken towards achieving the solution.

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3 years ago