Scribd Logo
Upload

Welcome to Scribd!

  • 34 views

    Lesson 1

    Uploaded by

    dennis
    Quantitative methods emphasize objective measurements and statistical analysis of collected data to make reasonably valid decisions. This lecture defines statistics, outlines the steps of statistical inquiry, and discusses the limitations of using statistics for decision making. Statistics is the science of collecting, organizing, summarizing and analyzing numerical information to draw conclusions. The process involves identifying research objectives, collecting needed data, organizing and summarizing the data, and drawing conclusions from the analysis. For effective decision making, statistical inquiry must properly state problems and objectives, select unbiased samples, collect and organize data, analyze and interpret results, and present outcomes simply.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    Lesson 1

    Uploaded by

    dennis
    34 views9 pages
    Quantitative methods emphasize objective measurements and statistical analysis of collected data to make reasonably valid decisions. This lecture defines statistics, outlines the steps of statistical inquiry, and discusses the limitations of using statistics for decision making. Statistics is the science of collecting, organizing, summarizing and analyzing numerical information to draw conclusions. The process involves identifying research objectives, collecting needed data, organizing and summarizing the data, and drawing conclusions from the analysis. For effective decision making, statistical inquiry must properly state problems and objectives, select unbiased samples, collect and organize data, analyze and interpret results, and present outcomes simply.

    Original Description:

    bsta

    Original Title

    lesson 1

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Quantitative methods emphasize objective measurements and statistical analysis of collected data to make reasonably valid decisions. This lecture defines statistics, outlines the steps of statistical inquiry, and discusses the limitations of using statistics for decision making. Statistics is the science of collecting, organizing, summarizing and analyzing numerical information to draw conclusions. The process involves identifying research objectives, collecting needed data, organizing and summarizing the data, and drawing conclusions from the analysis. For effective decision making, statistical inquiry must properly state problems and objectives, select unbiased samples, collect and organize data, analyze and interpret results, and present outcomes simply.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    34 views9 pages

    Lesson 1

    Uploaded by

    dennis
    Quantitative methods emphasize objective measurements and statistical analysis of collected data to make reasonably valid decisions. This lecture defines statistics, outlines the steps of statistical inquiry, and discusses the limitations of using statistics for decision making. Statistics is the science of collecting, organizing, summarizing and analyzing numerical information to draw conclusions. The process involves identifying research objectives, collecting needed data, organizing and summarizing the data, and drawing conclusions from the analysis. For effective decision making, statistical inquiry must properly state problems and objectives, select unbiased samples, collect and organize data, analyze and interpret results, and present outcomes simply.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 9

    Quantitative

    Methods
    Lecture 1
    Quantitative Methods
     emphasize objective measurements and the statistical, mathematical, or
    numerical analysis of data collected through polls, questionnaires, and surveys,
    or by manipulating pre-existing statistical data using computational techniques.
    Objectives

    Define Outline Discuss


    The term “statistics” The steps involved statistical The limitation of statistics as a tool
    Inquiry of decision making
    Introduction

    Statistics
    it is the aspect of decision-making that has to do with numerical information.
    Meaning and Scope of statistics

    Statistics may be defined as the techniques by which data are


    collected, organized, summarized, presented and analyzed for the
    purpose of making reasonably valid decisions and especially under
    conditions of uncertainty

    Hence, in order to make a decision, the selection must be done


    without bias (random selection).
     In summary, statistics is the science of
    collecting, organizing, summarizing
    and analyzing information in order to
    draw conclusion.
    The process of statistics can be categorized
    into four stages:
    • Identifying the research objectives;
    • Collection of information needed to achieve the objectives;
    • Organization and summarization of information (data); and
    • The drawing of conclusions from the raw or analyzed information.

    Hence, statistics is a process of factual data collection and analysis of


    the data. It involves collection of numerical facts in a systematic way.
    Steps in Statistical Inquiry

    • A statistical inquiry is an investigation carried out to collect


    statistical data which may be analyzed and presented in the form
    that will aid effective decision making.
    For statistics to be able to achieve its goals, the
    following steps must be properly followed
    • (i) Problem and the objectives should be properly stated.
    • (ii) Samples should be properly selected without bias.
    • (iii) Questionnaires should be well laid-out.
    • (iv) Data should be collected effectively and efficiently.
    • (v) Data should be properly organized.
    • (vi) Analysis and interpretation of data must be properly carried
    out.
    • (vii) Outcomes/Results of the analyses should be properly
    presented.
    • (viii) The report of the inquiry must be presented using simple and
    illustrative languages such as tables, charts or graphs.

    You might also like