Statitical Tools - 21313

Solution Posted by
pranav2008

pranav2008

Rating : (1)F
Solution Detail
Price: $6.00
  • From: Business,
  • Posted on: Fri 02 Aug, 2013
  • Request id: None
  • Purchased: 0 time(s)
  • Average Rating: No rating
Request Description

 

1 Question

 

Statistical Methods:  1.Discuss the differences among the three major components of statistical methodology (descriptive statistics, statistical inference, and predictive statistics). Why might these distinctions be important to a manager? Respond to at least two of your classmates’ postings.

 

Six Sigma: In 1995 Jack Welch sent a memo to his senior managers telling them that they would have to require every employee to have started Six Sigma training to be promoted. Furthermore, 40 percent of the manager’s bonuses were to be tied to the successful introduction of Six Sigma. Do you believe that this directive was a motivational action, or did it violate W. Edwards Deming’s maxim that managers and leaders must “cast out fear”? Why or why not? Respond to at least two of your classmates’ postings.

 

 

Solution Description

 

Descriptive Statistics: It consists of procedures used to sum

Attachments
Six Sigma A15.docx
Six Sigma A15.d...