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Anna007 [38]
3 years ago
15

The purpose of __________ is to summarize and explain a specific set of data

Business
2 answers:
GarryVolchara [31]3 years ago
6 0
Hello!

The correct answer for the blank is: Descriptive Statistics.

I really hope this helped you out! :)
dmitriy555 [2]3 years ago
4 0

Answer:

descriptive Statistics.

Explanation:

Descriptive statistics is the branch of Mathematical Statistics that deals with methods for organizing numerical information for better interpretation.

Descriptive statistics imply the abstraction of several properties of the sets of observations, through the use of graphical, tabular or numerical methods. Among these properties are the frequency with which several values ​​are given in the observation, the notion of a typical or usual value, the amount of variability in a set of observed data and the measure of relationships between 2 or more variables.

The field of descriptive statistics has nothing to do with the implications or conclusions that can be derived from the data sets. Descriptive statistics serve as a method to organize data and highlight its essential characteristics in order to reach conclusions.

The presentation of statistical information can be done in the following ways:

Textual (in the form of text).

Picture.

Graphics.

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On January 1, 2017, Whitefeather Industries issued 300, $1,000 face value bonds. The bonds have a five-year life and pay interes
Ludmilka [50]

Answer:

$15000

Explanation:

All types of bonds have some common characteristics which include;

- A face/par value

- A coupon rate (interest rate).

- Either redeemable/irredeemable or convertible.

The face value of one bond is $1000 so the total value of 300 bonds would be $300,000 (300×$1000). In this example these are redeemable bonds which means Whitefeather Industries would be liable to payback the capital amount of bonds after five years (maturity date).

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In this question interest is payable semi-annually, therefore The amount of interest that occurs on December 31, 2017 is $15000 (For the last six months - July 1st till Dec 31st; $30000×6÷12).

4 0
4 years ago
The statistical difference between a process operating at a 5 sigma level and a process operating at a 6 sigma level is markedly
Artemon [7]

Answer:

a. True

Explanation:

The statistical difference between a process operating at a 5 sigma level and a process operating at a 6 sigma level is markedly different when it comes to the number of defects present, which is a true statement because as we know process sigma indicates the process variation and is measured in terms of data units, while process sigma count Z, or process sigma level, is a count with no unit of measure and sigma is a statistical term that measures how much a process varies from perfection, based on the number of defects per million units. And also we know that a six sigma process is 1 in which 99.99966 percent of all chances to provide some characteristics of a part are statistically assumed to be free regarding defects.

5 0
3 years ago
Brianna is giving a speech on job specialization for her business class. She will most likely tell the class that one of the rea
Orlov [11]

Answer:

​the organization is too large for one person to do everything.

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It is likely that Brianna will mention the fact that job specialization is necessary when an organization reaches a certain size. When an organization is very big, it becomes impossible for a single person to complete all tasks. Therefore, more employees have to be hired, and in order to be able to cooperate, they will have to divide their tasks. As these tasks are repeated, they will become more specialized.

hope this helps! have a wonderful day!

my name is brianna btw :) hehe

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