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Tag Archives: data
Data Sources and Data Types
The important role of data is underscored in the definition of statistics. Data are the sources of information. How about the sources of data? Where do data come from? Data are patterns of facts. Facts are taken from observations of … Continue reading
Statistics Defined
by: Sherwin B. Ragos, PhD The core of studying statistics is on data. This is apparent on its definition. Statistics is a branch of mathematics that deals with the collection, organization, analysis, interpretation, and presentation of numerical and categorical data. … Continue reading
How to write a market research methodology
The methodology of the research will compose the methods in conducting the research. It is heavily anchored on the research paradigm of the study. The research paradigm will determine what data to collect — quantitative or qualitative. In turn, it … Continue reading
Posted in business statistics, Research
Tagged business, data, market research, methodology, methods, paradigm, qualitative, quantitative, research
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the rationale of statistics
In our previous discussion, I mentioned about the role of decisions in business, and the approaches in which decision-making process is accomplished. When we decide intuitively, we are supported by “gut feeling” and personal judgment. Deciding rationally, however, requires a … Continue reading
why manage business information?
As businesses become more complex, there’s a pressing need to organize vital resources: men, machines, methods, materials, and minutes. These are physical resources that must be processed to achieve organizational goals and objectives. Due to intricacies of business processes, organizational … Continue reading
Posted in management information systems
Tagged business, computers, data, ICT, information, organization, organize, products, resources
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