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Much of the information that serves as the basis for decision making within a firm is generated routinely in everyday operations. On occasion, however, routinely available data do not provide an adequate foundation for an important decision. Then a firm has to obtain the needed information in a no routine manner. It may have to […]

It is useful to summarize data by methods that lead to numerical results, called descriptive measures. We discuss two types of descriptive measures: measures of central tendency and measures of dispersion. They may be computed from the data contained in a sample or from the data of a finite population. A descriptive Thomas Sabo Bracelets […]

The global economy continues to sputter. Yet most economists and policymakers do not expect a double dip recession in America or elsewhere. This week Horst Kx5hler, the IMF’s managing director, was the latest I play down the risk of recession. Yet this misses a crucial point: Even if economies continue to expand over the next […]