MGMT600 IP1

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Colorado Technical University *

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600

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Information Systems

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Dec 6, 2023

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pptx

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Uploaded by johnsonh78

STATISTICAL CONCEPTS AND TERMINOLOGIES Harold Johnson

Differences between nominal and ordinal data  Nominal  Categorical data  No quantitative values  MCNemar , Cochran Q’s, and Chi- Square tests are used.  open-ended questionnaires, closed- ended questionnaires, or multiple- choice questions  Ordinal  Categorical and quantitative data  Ordered manner  Wilcoxon signed-rank, Friedman 2- way ANOVA, and Kruskal-Wallis 1-way tests  Rating scale, interval scale, or likert scale

Qualitative attributes of outdoor sporting goods

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The difference between interval and ratio data Interval data • Meaningful differences • Equal measuremen ts • No true Ratio data • Distinctly assigned numerical values • True zero

Quantitative attributes of outdoor sporting goods

Difference between a population and a sample • Representative portion • Subset Sample • Entire population Population

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References Brijs, B. (2017). Business analysis for business intelligence . Boca Raton, FL: Auerbach. Williams, S., & Williams, N. (2007). Business intelligence in the broader informationtechnology context. The Profit Impact of Business Intelligence . Burlington, MA: Morgan Kaufmann.

MGMT600 IP1

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