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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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random sampling

Business administration; Business management

In statistics, this is the process of sampling data at random from a population so that inferences can be made about the population from findings about the sample. The crucial ...

quota sampling

Business administration; Business management

In statistics, this is the process of sampling data from each sub-group of a given population. This is a particular form of stratified sampling widely used in market research, ...

variance

Business administration; Business management

In statistics, this is the square of the standard deviation. It is used to measure the spread of scores in a particular test or experiment.

standard error of the mean

Business administration; Business management

In statistics, this is the standard deviation of the theoretical sampling distribution of the mean, or the extent to which the mean obtained differs from the true mean of the ...

population

Business administration; Business management

In statistics, this is the total number of cases or individuals from which a sample is drawn for study and about which inferences are to be made.

probability

Business administration; Business management

In statistics, this refers to the likelihood that a given event will occur as compared with the likelihood of alternative events occurring. For example, the probability of ...

correlation

Business administration; Business management

In statistics, this refers to the relationship, or dependence, between two variables. It is measured by a statistic called a correlation coefficient.