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Business administration

Business management best practices including corporate strategy development, financial management, human resource management, information management, resource planning, marketing and sales.

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median

Business administration; Business management

In statistics, this is a measure of central tendency which divides a group of scores in half, with half the score falling above the median score and half below.

mode

Business administration; Business management

In statistics, this is a measure of central tendency; the most frequently occurring value in a series of numbers.

standard deviation

Business administration; Business management

In statistics, this is a measure of the dispersion or variability of the scores in a distribution. It is the square root of the mean of the squares of each deviation from the ...

norm

Business administration; Business management

In statistics, this is a single value representative of a whole set of numbers, such as one of the measures of central tendency (mean, median and mode). See also group norm and ...

frequency distribution

Business administration; Business management

In statistics, this is a tabulation of the number of times something occurs in a body of data.

T-test

Business administration; Business management

In statistics, this is a technique for deciding whether the means of two sets of scores are significantly different.

stratified sampling

Business administration; Business management

In statistics, this is a technique frequently used for mass opinion polling. It involves dividing a population into sub-groups or strata and then taking a random sample of each ...