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what is the significance of statistical investigation to management information?

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Q: Significance of statistical investigation to management information?
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What is extreme data?

There are three dimensions to Extreme Data - volume, velocity, and variety, - and management of these dimensions is critical when it comes to winning the battle for control of enterprise data amid the conflicting requirements of business intelligence and reporting vs. data mining and statistical analysis. Management of the data is often part of an Information Lifecycle Management strategy (ILM) or Nearline approach.


What is a quantitative?

The official definition for a quantitative model is " Collection of mathematical and statistical methods used in the solution of managerial and decision-making problems, also called operations research (OR) and management science."


What are the different dimensions of Identity Management?

Identity management has many different dimensions in order to protect a company's or just personal information. It is a necessary and key attribute to keeping a company running smoothly. Protecting confidential information, verifying potential threats, storing massive amounts of information are some of the issues identity management can prevent.


What is a quantitative model?

The official definition for a quantitative model is " Collection of mathematical and statistical methods used in the solution of managerial and decision-making problems, also called operations research (OR) and management science."


What is the Importance of mathematics in human resources management?

For the most part its statistical information, how many employees are in section X of Y, what percentage of management is X or Y, Total employee costs, whats the additional cost incurred of project x ( say adding an additional benifit to personal Y). Cost of employees Hired, attriction rates, turnover, percentage of employees approching retirement, cost of employee models etc. most of these calculations can be facilitated in excel.

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What are the different kinds of report and their meaning in management information systems?

Generic reports, automated reports, and manual reports can be generated from management information systems. The type of reports generated will depend on the type of the management information system used.


What has the author Martin J Deutch written?

Martin J. Deutch has written: 'An investigation of some statistical methods of evaluationg the reliability of results of laboratory tests of petrolem products' -- subject(s): Management


What typical information is provided by a management information system?

Typical information from a MIS includes statistical summaries, exception reports, periodic as well as on-demand reports, comparative analysis, projections, early detection, routine reports, and communications.


What has the author Karl Froeschl written?

Karl Froeschl has written: 'Metadata management in statistical information processing' -- subject(s): Mathematical statistics, Data processing, Metadata


Which government agency sponsors the electronic questionnaires for investigation?

Office of Personnel Management (OPM)


Significance of cost accounting to the management?

it help management in decision making it also help management to ascertain the cost of a product


What are some of the responsibilities of intelligence collections management?

An intelligence collections manager must process and organize a collection of intelligence information from varying sources. The manager simply collects the information and is not required to attempt to validate the information, nor analyze the significance of it.


What has the author Amanda F Linnell Nemec written?

Amanda F. Linnell Nemec has written: 'Guidelines for the statistical analysis of forest vegetation management data' -- subject(s): Statistical methods, Weed control, Forests and forestry, Forest management


What has the author Ian Nigel Lockhart written?

Ian Nigel Lockhart has written: 'An investigation into the impact of computerised management information systems upon the development of solicitors' practices in Northern Ireland'


Feasibility study in management information system?

A feasibility study is an evaluation and analysis of the potential of the proposed project which is based on extensive investigation and research to give full comfort to the decision makers.