Statistical Project

In: Business and Management

Submitted By hillgera
Words 562
Pages 3
FINANCIAL ANALYSIS PROJECT
ACCOUNTING 202

Purpose:

To allow for you to apply the concepts that we have studied to real world companies and to give you an opportunity to enhance your Internet research and financial statement analysis skills.

Instructions:

Select a publicly traded company for analysis. Your primary selection criterion should be a) the company is of interest to you (e.g., you want to find out more about the company, b) your ability to obtain a current annual report on the company using the internet, and c) the company's appearance in an article of a reputable news organization (article cannot be older than January 2012). Let me know if you are completing this individual or as a team (supply names) and the company chosen by February 26.

Provide a brief critique as to why an individual would be interested in buying the stock of the company and why an individual should not buy the stock. If you are completing this as a two-person team, one person should adopt the “pro” and the other person the “con”. If you do the project by yourself, you will need to present and support both pro and con arguments. Use information in articles and your analysis of the annual report as the primary basis for your arguments.

Include in your research the following background information on the company.

Where the company is incorporated

Describe what the company does or what products its sells, etc.

In your analysis of the financial statements for your firm, include information on the following items, if appropriate: • Briefly describe any extraordinary items or discontinued operations included on the company’s income statement? • Indicate the amount of basic earnings per share from the company’s income statement. • Describe the items that caused changes in retained earnings for the…...

Similar Documents

Statistical Applications

...Nominal variables include such things as categories of people, race, gender, or age. In the hospital setting, the nominal level of measurement is used most obviously when completing a patient history which asks the patients name, sex, marital status, and blood type. The ordinal level of measurement assesses data incrementally and puts data in order either from low to high or high to low in a ranking system (Bennett, Briggs, & Triola, 2009). This level of measurement is used in the hospital setting to measure pain perception and in patient satisfaction surveys. There has been increasing emphasis on the use of patient satisfactions surveys to assess the quality of health care and many facilities have implemented improvement projects in relation to such things as reception skills, food services, housekeeping, and reorganization of hospital discharge procedures (Gray, Richmond, & Ebbage, 2010). These scores reflect the patient’s subjective perception of their hospital experience and his or her likeliness to recommend the facility to family members and friends. Ordinal levels of measurement are also used to rank hospital performance in several areas including hospital acquired infections and readmission rates (U.S. Department of Health and Human Services, n.d.). These rankings are reported to the public and may influence a health care consumer in their decision of where to seek their medical care. Interval levels of measurement apply quantitative......

Words: 1312 - Pages: 6

Statistical Method

...Hypothesis Testing Statistical Method Karl Phillip R. Alcarde MBA University of Negros Occidental-Recoletos DEFINITION DEFINITION Hypothesis testing or significance testing is a method for testing a claim or hypothesis about a parameter in a population, using data measured in a sample. In this method, we test some hypothesis by determining the likelihood that a sample statistic could have been selected, if the hypothesis regarding the population parameter were true. Hypothesis testing or significance testing is a method for testing a claim or hypothesis about a parameter in a population, using data measured in a sample. In this method, we test some hypothesis by determining the likelihood that a sample statistic could have been selected, if the hypothesis regarding the population parameter were true. The method of hypothesis testing can be summarized in four steps. 1. To begin, we identify a hypothesis or claim that we feel should be tested. For example, we might want to test the claim that the mean number of hours that children in the United States watch TV is 3 hours. 2. We select a criterion upon which we decide that the claim being tested is true or not. For example, the claim is that children watch 3 hours of TV per week. Most samples we select should have a mean close to or equal to 3 hours if the claim we are testing is true. So at what point do we decide that the discrepancy between the sample mean and 3 is so big that the claim......

Words: 13735 - Pages: 55

Statistical Databases

...Statistical Databases Jaideep Srivastava and Hung Q. Ngo, Department of Computer Science, University of Minnesota, 200 Union street, EE/CS Building, room 4-192, Minneapolis, MN 55455 e-mail: srivasta, hngo @cs.umn.edu, ¡   1 Introduction A statistical database management system (SDBMS) is a database management system that can model, store and manipulate data in a manner well suited to the needs of users who want to perform statistical analyses on the data. Statistical databases have some special characteristics and requirements that are not supported by existing commercial database management systems. For example, while basic aggregation operations like SUM and AVG are part of SQL, there is no support for other commonly used operations like variance and co-variance. Such computations, as well as more advanced ones like regression and principal component analysis, are usually performed using statistical packages and libraries, such as SAS [1] and SPSS [2]. From the end user’s perspective, whether the statistical calculations are being performed in the database or in a statistical package can be quite transparent, especially from a functionality viewpoint. However, once the datasets to be analyzed grow beyond a certain size, the statistical package approach becomes infeasible, either due to its inability to handle large volumes of data, or the unacceptable computation times which make interactive analysis impossible. With the increasing sophistication of data collection......

Words: 11702 - Pages: 47

Statistical

...The Top 50 Business Schools in the United States: A Statistical Paper by Morgan M. Smith Management 215-03 Professor Kirchner 18 April 2007 The top business schools in America are becoming more difficult to get accepted to. It seems almost impossible to get into schools like Harvard, University of Pennsylvania, Stanford, without having a parent who attended, or having a high socioeconomic status. The demographics of the top 50 business school in the United States are the topic of interest in this paper. The following demographics that were found, gathered, and analyzed were in-state vs. out-of-state students, gender, race, class ranking, and overall high school grade point average of the student population at these top schools. The top 50 business school in the United States are the following: Harvard, Stanford, UPenn, MIT, Northwestern, University of Chicago, Dartmouth College, University of California-Berkeley, Columbia University, NYU, University of Michigan-Ann Arbor, Duke University, UVA, Cornell University, Yale, UCLA, Carnegie Mellon, University of North Carolina-Chapel Hill, University of Texas-Austin, Emory, USC, Ohio State, Purdue University, Indiana University-Bloomington, Georgetown University, Georgia Institute of Technology, University of Maryland-College Park, University of Minnesota-Twin Cities, Michigan State University, Texas A&M University, University of Washington, University of Wisconsin-Madison, Washington University in St. Louis,......

Words: 1766 - Pages: 8

Statistical Quality

...opportunities for quality improvement. This can relate to Juran's philosophy which focuses on: planning, control, and improvement. Management must plan the proper methods to identify external customers and their needs. Control is used in the operating forces to make sure the product/service meets the requirement and improvement is managed by using statistical method of past and present projects. Feigenbaum expresses how quality technology is found by using statistical and/or engineering methods. To summarize this, all three agree that in striving for world-class quality, management is a key player in maintaining and achieving quality improvement and to do so, management must use past and present projects to learn from data by implementing statistical and/or engineering methods in order to achieve quality transformation within an organization. 2) 1-10. Quality planning "is a strategic activity which is vital to an organization's long term business success as the product develpment plan, the financial plan, the marketing plan, and plans for the utilization of human ressources" (DOUGLAS C. MONTGOMERY. Introduction to Statistical Quality Control. Sixth Edition, John Wiley & Sons, 2009). Quality planning is the first step to finding out what a product or service should hold. This means researching the needs and expectations of customers. Products or services that meet the needs of the customers must then be developped. Quality planning also involves the planning of......

Words: 1771 - Pages: 8

Statistical Control

...STATISTICAL CONTROL OF HOT SHOT PLASTIC KEYCHAINS TBD Webster University BUSN6110, Operation and Project Management [ 2/1/2015 ] Abstract This term paper examines a case study with Hot Shot Plastics company in which statistical process control (SPC) with variable measurements using X bar and R control charts is used to determine whether the process variability is in control. Sample data are utilized to demonstrate how to use X bar and R control charts to check if all the sample points are within the control limits. Patterns on the control charts are analyzed to understand the possible reasons that the process is out of control. Keywords: [control charts, statistical process control, patterns] Statistical Control of Hot Shot Plastic Keychains Hot Shot Plastics is a company that produces plastic keychains. During production of plastic keychains, Hot Shot Plastics first molds the plastic material and then trims it to the required shape. The edge quality of the keychains produced is determined by the curetimes during the molding process. The curetime is the time it takes for the plastic to cool. To ensure good quality plastic keychains, Hot Shot Plastics needs to maintain a process that yields accurate and precise curetimes. It is more desirable for the curetimes to be consistent among samples. When the curetimes are repeatable and there is less variability among samples’ curetimes, the process is deemed to be accurate. The R control chart is intended to......

Words: 2306 - Pages: 10

Uses of Statistical Data

...TermPaperWarehouse.com - Free Term Papers, Essays and Research Documents The Research Paper Factory Join Search Browse Saved Papers Home Page » Other Topics Uses of Statistical Data In: Other Topics Uses of Statistical Data Uses of Statistical Information Darryl Lowery Statistical Applications/HCS438 February 28, 2012 Julieanne Hessler, RN MSN, MBA Introduction Statistics are used in every phase in the delivery of health care. This is particularly true as it relates to the cost of providing health care services (Eaton, 2006). At Mercy Medical Center, not unlike any other health care facility, the use of statistics is pervasive throughout the organization. First and foremost Mercy uses statistics to develop and maintain its financial imperatives (Minnis, 2008). Simply stated if actual cost of providing health care services exceeds the revenue generated the organization will have difficulty keeping its doors open. This paper will discuss examples of descriptive and inferential statistics in use at Mercy Medical Center. Also discussed will be how data at nominal, ordinal, interval, and ratio levels of measurement are used within the organization. Finally, the advantages of accurate interpretation of statistical data and improved decision making within the organization will be discussed. Descriptive Statistics An example of a descriptive statistic used at Mercy Medical Center is time spent by the......

Words: 491 - Pages: 2

Statistical Analysis

...Statistical Information Paper HCS 438 July 17, 2011 Monica Vargas Statistical Information Paper Statistics are used in many different ways in my workplace. The use of statistics is for the improvement of quality care and safety. Statistics are also used to measure employee compliance in regards to hand washing and proper use of policies and procedures. We also use charts and graphs to show infection rates, skin integrity, falls within the facility, budget concerns, and many more. These graphs help hospital personal improve care and safety to provide quality care to all patients. Graphs can also be used to measure patient and employee satisfaction. Descriptive statistics are used to describe the basic features of the data in a study and do not involve generalizing the data that has been collected. They provide simple summaries about the sample and the measures. Together with simple graphics analysis, they form the basis of virtually every quantitative analysis of data (Trochim, 2006). An example of descriptive statistics used at my workplace can be the number of patients that are admitted into the hospital on a Monday versus a patient admitted on any other day of the week. This information can also be broken down into more descriptive categories such as how many patient were men, women , children, what is their diagnosis, why were they admitted, and so on and so forth. We use inferential statistics to make judgments of the probability that an observed......

Words: 742 - Pages: 3

Statistical Topics

...List of statistical topics 5 January 2015 Dear Dr. W, I have summarized below the types of statistical work I have learned about or performed myself in the past. I am very familiar with descriptive statistics and data handling through my training and work as a Monitoring and Evaluation officer and Program officer, and familiar with analytic techniques including multiple regression models. I am also familiar with research design concepts including random sampling, retrospective and prospective study designs, and clinical trial design. List of statistical topics: * Successful completion of Applied Mathematics course and Research Methodology course in the first and sixth semesters of the undergraduate study respectively (See Transcript attached) * Successful Completion of Monitoring & Evaluation Fundamentals course of Global Health eLearning Center in December 2011 (See Certificate attached) * Successful Completion of HIV Basic Biology, Epidemiology & Prevention course of Global Health eLearning Center in January 2015 (See Certificate attached) * Management of massive project database of all organization projects, including development of proficient high-level Excel-based tool and development of statistical report on organization performance to the donor (Australian Department of Foreign Affairs and Trade - DFAT) which describes crucial indicators including retention rate of HIV/AIDS patients on Antiretrovirals Therapy and HIV/AIDS service......

Words: 477 - Pages: 2

Statistical Information

...Statistical Information Shella M. Gettings University of Phoenix HCS/438 Statistics are a part of the everyday world. They are all around us and help us understand information in a clear and distinct manner. In our professional and personal lives, we would have difficulty comprehending some data without statistics. That is particularly true in the medical field and in hospitals. Without statistics, I as a nurse, would not know where I needed to improve my provided care or in which direction to instruct my team to focus their time on. This paper will discuss statistical information that use at a local community medical facility, where I am employed, Alliance Health Deaconess, where I am currently employed as a medical-surgical and oncology registered nurse. Statistical Information How Statistics are used at my Workplace: There are many memos and emails that are passed around to the nurses that management and administrators hope that we read and absorb. In all honesty, they are glanced at and tossed aside the majority of the time. On rare occasions, we are handed graphs and charts that explain what they expect and shows us specifically what needs to be improved upon. Since our jobs are to care for the sick and hurt, this information is not tossed aside and is typically taken more seriously. One main focus for the nursing staff at my facility is safety scores. We have two medical-surgical floors, one including oncology and the other orthopedics, one......

Words: 1219 - Pages: 5

Statistical Analysis

...2000, Statistical Division, Ministry of Planning, Government of Bangladesh, Dhaka. BBS (2002); Statistical Year book of Bangladesh, 2001, Dhaka. Bunce, L. and R. Pomeroy. 2003. Socioeconomic Monitoring Guidelines for Coastal Managers in the Caribbean: SocMon Caribbean. GCRMN. Bunce, L., P. Townsley, R. Pomeroy, and R. Caribbean. GCRMN. Bunce, L., P. Townsley, R. Pomeroy, and R. Pollnac. 2000. Chandra KJ. Fish parasitological studies in Bangladesh: A Review. J Agric Rural Dev. 2006; 4: 9-18. Cochran, W.G. (1977); Sampling Techniques, 3rded. New Delhi: Wiley Eastern. Davis, James A. (1971). Elementary survey analysis. Des Raj (1971); Sampling Theory. Fox, J. 1984: Linear Statistical Models and Ravallion, M. and B. Sen 1996: When Method Matters: Monitoring Poverty in Bangladesh, Economic Development and Cultural Change, 44: 761-792 Gujarati, Damodar.N; Basic Econometrics. 4TH edition; Mcgraw-Hill. Gupta, S.C., Kapoor; Fundamental of Mathematical Statistics. New Delhi. Heyman, W. and R. Graham (eds.). 2000. The voice of the fishermen of Southern Belize, Toledo Institute for Development and Environment. Punta Gorda. Hogg, R. V. and A. T. Craig (2002): Introduction to Mathematical Statistics, 5th edition, Pearson Education (Singapore) Pte Ltd. Islam, M. Nurul; An Introduction to Sampling Methods: Theory and Applications. Jessen, R.J. (1978): Statistical Survey Technique. Mason, D., Robert and Douglas A. Lind (1996): Statistical......

Words: 340 - Pages: 2

Statistical Data

...Assess the usefullness of statistical data in the study of crime and deviance Extracts from this document... Introduction Assess the usefulness of statistical data in the study of crime and deviance. Official statistics seem to indicate that crime levels are rapidly on the increase, from being a few hundred thousand in the 50's and 60's to more than 6 million in today's world. However the debate in the usefulness of statistics in relation to the study of crime has provoked many different arguments. Durkheim and Conte are the Positivists who believe that they are useful. They believe this because using statistics is the closest sociology can get to a scientific experiment. As statistics provoke quantitave data it is open to be testable and comparable with previous results. Against this belief are the Anti-Positivists who say that statistical data is not reliable, as it doesn't establish a cause and effect for the reasons behind committing crime. It may depend upon the context of the situation an individual is placed in; therefore it does not look at the meaning behind committing crimes. They are also hard to compare over time and lack validity due to problems with obtaining statistics. The reliability of official statistics can be questioned, as although positivists claim that they are used for correlation analysis, the anti-positivists dismiss this as they say other factors that have occurred over time and culture change have caused crime figures to be irrelative to each......

Words: 729 - Pages: 3

Soc 490 Week 3 Proposal for Statistical Research Project

...SOC 490 Week 3 Proposal for Statistical Research Project To Buy This material Click below link http://www.uoptutors.com/SOC-490-ASH/SOC-490-Week-3-Proposal-for-Statistical-Research-Project Proposal for Statistical Research Project. Having identified a population, an issue/problem that relates to that specific population,and then gathered academic resources that relate to the issue, you will now be asked to propose a statistical research project that directly relates to the social issue you identified for your selected population. Pay special attention to Chapter 7 of the text as well, as it has excellent information on variables that one can adequately test and general designs for experimentation involving statistical analysis.  a. Plan a research study, describing in detail what you want to measure and why.  b. Determine a realistic timeline for the completion of your project.  c. Describe the individuals who would be involved in your study.  d. Explain how many people would be needed to conduct the research project from a staffing perspective.  e. Determine which statistical analysis method (e.g., statistical tests/measurements) would be most appropriate for your application, and elucidate why you chose this method.  f. Determine how many subjects you would require for your study and explain how you arrived at that number. g. Evaluate the importance of your proposed research study, and describe how the resulting data could best be used and which organizations or......

Words: 250 - Pages: 1

Statistical

...from testing tools. ethnic groups. The alternative is to acknowledge cultural differences by constructing a culturally fair test containing items that are familiar to many Despite the problems with Black psychology tests they do offer some convincing arguments against the hereditarian thesis in test scores between Black and white subjects, while exposing the additional problem of cultural and linguistic bias in tests that claim to be culture free. Consequently, test scores based on traditional tests continue 10 to be presented with unwarranted conclusions concerning the intellectual inferiority of Black people in America and the Diaspora compared to whites. CONCLUSIONS One of the defining features of the mainstream rights racial project is it’s re-defining of the term racial equality in terms of colour blindness. Ruth Frankenburg (1993) points out that colour blindness on the part of whites represents a mode of thinking about race organised around an effort not to see or acknowledge their racial privilege and power. Colour blindness is a double move toward colour evasiveness and power evasiveness, it represents a polite language of race that is deceitful when it come to acknowledging the complicity of whites with the structural and institutional inequality. Murray & Hernstein’ (1994) colour blind racial politics supports a reconceptualised understanding of racial equality based on civic individualism. According to this re-formulation, equality is the result of......

Words: 5892 - Pages: 24

Statistical Uses

...Use of Statistical Information HCS/438 August 6, 2012 Use of Statistical Information Statistics is defined as “the science of collecting, organizing, and interpreting data” (Bennett, Briggs, & Triola, 2009). For most patients and their families, the process of healthcare appears simple. People with illnesses are admitted into a hospital facility and a specific course of treatment is identified and the care is carried out by a team of physicians, nurses, and social workers. What is not noticed is a specialized resource team aimed at keeping all patients safe throughout the course of their hospitalization. This paper will identify how statistics are utilized in the infection prevention setting, identify one example of descriptive statistics, identify one example of inferential statistics, explain data at each of the four levels of measurement and describe the advantages of accurate interpretation of statistical information to improve decision making in the workplace. How Are Statistics Used in Your Workplace There are many uses for statistical application in the field of infection prevention and control. The purpose of infection prevention and control is to put into place policies and procedures that minimize the spread of infections, especially in the hospital setting. The primary function of infection prevention and control surveillance is to reduce the occurrence of infections by using risk factors and implementation of risk-risk reduction measures and the...

Words: 957 - Pages: 4