This distribution can be applied to multiple business situations even where data is distributed differently, because a normal distribution adopts the central limit theorem which suggests that no matter how a population is distributed, the distribution "of the means of random samples approaches a normal distribution for a large sample size" (ICMBA, 2002). Business executives can use normal business distribution to create diversified asset portfolios, to calculate process variations within

This means they set medium term goals may be up to five years. This requires that they make detailed and precise judgments, so that their medium term goals are met. This has made the methodology require sophisticated business statistical applications. (Statistical Thinking for Managerial Decisions) Long-term planning in business normally makes it necessary to make estimations regarding the future and extrapolations of the past, is used for this. The

Task 1(h) - Difference of opinions within nationalities British German French Italian Chi-square value 5.04E-06 2.83E-15 Comments This shows that there were differences of opinion about the resort for the British, German and Italian visitors, but not the French. Task 1(i) - Difference of opinions between nationalities Overall Accommodation Location Food Chi-square value Comments This shows that overall there were differences of opinion for the visitors in each area. Task 2 SUMMARY of RESULTS The results of the data analysis show that at the present time the French spend substantially

Business Research Denial of Security Clearance: An Examination and Application of Real World Business Statistics The purpose of this research is to identify the factors most relevant to decisions involving access to classified information and the denial of such security clearance. From an analysis of the commonly cited reasons for such denials, which range in official reports from sexual misconduct to the equally ambiguous and somehow more intriguing issue of "financial considerations,"

The objectives of this project will result in a reduced security risk due to incoming spam and junk email messages. Achievement of the objective will be difficult to measure because it represent something that will not happen if the project is successful. A reduction in threats due to the actions or inactions of employees will result in achievement of these objectives. An employee questionnaire or survey would be useful in

statistics also identify various types as well as levels of the same. Further, the role statistics plays in business decision making will also be explored. Later on, a number of examples will be presented in an attempt to identify situations in which statistics can be put to use. A review of literature demonstrates that over time, different authors have given varying definitions of statistics. According to Siegel (2011), "statistics is