Home / Questions / Do you know what Mark Twain said about statistics
Do you know what Mark Twain said about statistics?
In his autobiography he once wrote: “There are three kinds of lies: lies, damned lies and statistics.”
On two-three pages , write an essay (double spaced) that explains the important role statistics plays in driving modern world. How does statistics help managers assess the credibility and usefulness of information? How can it help them make decisions that lead to the most optimal outcomes? Please address these questions in your essay.
You are encouraged to be as creative as possible; for example, you may use well-known quotes, that are contrary to the Twain quote above, to support your points. Humorous references are welcome, as well. Just be sure to include all of your references used at the end of your essay.
You will submit the essay on Canvas. It should be typed on 8½ x 11 paper. No late submission will be accepted. The assignment is open book and notes and requires individual effort.
A works cited page in the end of essay is required.
Feb 03 2020 View more View Less
WHAT IS RELATION BETWEEN INDIA AND THE MULTINATIONAL CORPORATIONS? NAME SOME INDIAN MULTINATIONAL CORPORATIONS.
Mar 26 2020Comparison of techniques for hedging receivables.a Assume that Carbondale Ltd expects to receive S$500 000 in one year. The existing spot rate of the Singapore dollar is...
Aug 13 2020What are some ways a member of the investing public can estimate the cost of equity for a given company?
Jul 24 2021Explain why ΔH is obtained directly from a coffee cup calorimeter, whereas ΔE is obtained directly from a bomb calorimeter.
Jun 16 2021Question 14 Not yet answered Al Khaleej Inc. needs 325 kgs of a material per month. It costs RO 100 to make and receive an order, and it takes 16 workdays to receive it. ...
Apr 30 2021Right! So, decentralization allows quicker decision-making at the local levels when the organization is spread over a large geographical area. Decentralization also allow...
Jun 23 2021a. What are the theoretical underpinnings to the preparation of financial statements? (3 marks)b. What are non-cash expenses and how are they treated when preparing state...
Apr 08 2021Quick Computer Company just spent $35,000 of its cash to purchase merchandise for later resale to customers. Would you agree that since $35,000 of cash has been used up, ...
Mar 29 2020The file P02_18.xlsx contains daily values of the S&P Index from 1970 to 2009. It also contains percentage changes in the index from each day to the next. a. Create a new...
Aug 21 2020On January 1, 2017, Marigold Company issued 10-year, $1,860,000 face value, 6% bonds, at par. Each $1,000 bond is convertible into 16 shares of Marigold common stock. Mar...
Jul 15 2021