Business Decision Making Chapter5: Decision Support Tools 3: Describing Data Objectively

Describing Data Objectively - Business Decision Making - ثاني ثانوي

Foreword

Preface

1: Understanding Problem Solving

2: Analyzing Problems

3: Developing Effective Problem Statements

4: Identifying and Managing Risks

Technology @ Work: Crowdsourcing

Extra Practice

1: Gathering and Analyzing Data

2: Developing Alternatives

3: Evaluating Options

4: Implementing the Solution

5: Monitoring and Managing the Solution

6: Verifying the Solution

Technology @ Work: Mashups

Extra Practice

1: Understanding Critical Thinking

2: Overcoming Obstacles to Critical Thinking

3: Becoming a Critical Thinker

Technology @ Work: Electronic Books

Extra Practice

1: Understanding Group Dynamics

2: Evolving from a Group to a Team

3: Using Divergent Thinking

4: Using Convergent Thinking

5: Reaching Closure

6: Building Sustainable Agreements

Technology @ Work: Online Scheduling Tools

Extra Practice

Chapter5: Decision Support Tools

1: Understanding Decision Support Systems

2: Modeling Decisions Quantitatively

3: Describing Data Objectively

4: Weighing Factors

5: Creating Decision Trees

6: Using Graphics to Display Data

Technology @ Work: Spreadsheet Tools

Extra Practice

1: Working within an Organization

2: Working with Problem Owners and Stakeholders in an Organization

3: Solving Organizational Problems: Adaptive Techniques

4: Investigating and Determining Organizational Problems: Root-Cause Analysis

5: Developing Ethical Solutions in Organizations

Technology @ Work: Using Technology in an Organization

Extra Practice

1: Successful Teams in Organizations

2: Managing Team Conflict

3: Negotiation

Technology @ Work: Miro: The Visual Collaboration Platform for Teams

Technology @ Work: Internet Monitoring

Extra Practice

1: Organizational Communication

2: Communicating Among People

3: Workplace Communication

4: Understand the Role of Effective Meetings

5: Writing Professional Reports and Proposals

Technology @ Work: Online Collaboration Tools

Technology @ Work: Online Meetings

Technology @ Work: Presentation Software

Technology @ Work: Social Networking Groups

Extra Practice

1: Understanding Data and Information

2: Following the Data Analysis Process

3: Collecting Data to Support Decision Making

4: Describing Data with Statistics (Part One)

5: Describing Data with Statistics (Part Two)

6: Working with Spreadsheets

Technology @ Work: Online Survey Tools

Extra Practice

1: Spreadsheet-Based Decision Support Systems

2: Using Scenario Manager

3: Practicing with Scenario Manager

Extra Practice

1: Using Solver

2: Practicing with Solver

Extra Practice

Car Production Background

Creating a Spreadsheet for Decision Support

Car Production Deliverables

Ski Resort Background

Creating a Spreadsheet for Decision Support

Ski Resort Deliverables

Electric Car Background

Creating a Spreadsheet for Decision Support

Electric Car Deliverables

Airline Background

Creating a Spreadsheet for Decision Support

Airline Deliverables

Glossary

Foreword

Preface

1: Understanding Problem Solving

2: Analyzing Problems

3: Developing Effective Problem Statements

4: Identifying and Managing Risks

Technology @ Work: Crowdsourcing

Extra Practice

1: Gathering and Analyzing Data

2: Developing Alternatives

3: Evaluating Options

4: Implementing the Solution

5: Monitoring and Managing the Solution

6: Verifying the Solution

Technology @ Work: Mashups

Extra Practice

1: Understanding Critical Thinking

2: Overcoming Obstacles to Critical Thinking

3: Becoming a Critical Thinker

Technology @ Work: Electronic Books

Extra Practice

1: Understanding Group Dynamics

2: Evolving from a Group to a Team

3: Using Divergent Thinking

4: Using Convergent Thinking

5: Reaching Closure

6: Building Sustainable Agreements

Technology @ Work: Online Scheduling Tools

Extra Practice

Chapter5: Decision Support Tools

1: Understanding Decision Support Systems

2: Modeling Decisions Quantitatively

3: Describing Data Objectively

4: Weighing Factors

5: Creating Decision Trees

6: Using Graphics to Display Data

Technology @ Work: Spreadsheet Tools

Extra Practice

1: Working within an Organization

2: Working with Problem Owners and Stakeholders in an Organization

3: Solving Organizational Problems: Adaptive Techniques

4: Investigating and Determining Organizational Problems: Root-Cause Analysis

5: Developing Ethical Solutions in Organizations

Technology @ Work: Using Technology in an Organization

Extra Practice

1: Successful Teams in Organizations

2: Managing Team Conflict

3: Negotiation

Technology @ Work: Miro: The Visual Collaboration Platform for Teams

Technology @ Work: Internet Monitoring

Extra Practice

1: Organizational Communication

2: Communicating Among People

3: Workplace Communication

4: Understand the Role of Effective Meetings

5: Writing Professional Reports and Proposals

Technology @ Work: Online Collaboration Tools

Technology @ Work: Online Meetings

Technology @ Work: Presentation Software

Technology @ Work: Social Networking Groups

Extra Practice

1: Understanding Data and Information

2: Following the Data Analysis Process

3: Collecting Data to Support Decision Making

4: Describing Data with Statistics (Part One)

5: Describing Data with Statistics (Part Two)

6: Working with Spreadsheets

Technology @ Work: Online Survey Tools

Extra Practice

1: Spreadsheet-Based Decision Support Systems

2: Using Scenario Manager

3: Practicing with Scenario Manager

Extra Practice

1: Using Solver

2: Practicing with Solver

Extra Practice

Car Production Background

Creating a Spreadsheet for Decision Support

Car Production Deliverables

Ski Resort Background

Creating a Spreadsheet for Decision Support

Ski Resort Deliverables

Electric Car Background

Creating a Spreadsheet for Decision Support

Electric Car Deliverables

Airline Background

Creating a Spreadsheet for Decision Support

Airline Deliverables

Glossary

3: Describing Data Objectively

Describing Data Objectively

TABLE 5-1: Modeling decisions do’s and don’ts

Mean

3: Describing Data Objectively

Arithmetic mean

FIGURE 5-6: Basic statistics

Median

Mode

3: Describing Data Objectively

one mode

Standard deviation

Practice describing data objectively by calculating statistics. Complete the following steps. 1. Get ready

3: Describing Data Objectively

Now you try it Decide on the most popular tour for business travelers.

. When you sum the values of items and then divide by the number of items, you are calculating the:

Which of the following calculations is useful for describing data that includes widely varying numbers?

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3: Describing Data Objectively 3: Describing Data Objectively