Analysis of Overdue Bills Data

Data and statistics is able to be collected through a number of different ways to gather information, the majority of people have taken part

- Because all available data was used, there is a greater sample in our analysis. We assume that more data points will lead to a more accurate conclusion.

variables are used and statistical data is sought; by contrast, in qualitative research, the subjective

Read the assigned research article for this week. Identify the descriptive statistics that are reported in the article. How can a nurse leader use descriptive statistics to justify a course of action? What descriptive statistics do you routinely use in your practice?

To consider this we need net credit sales and average receivable balance. This ratio indicates average collection period should be consistent with corporate credit policy. An increase suggests a decline in financial health of customers.

Descriptive statistics are digits that are used to summarize and describe a given range of data (Klenke, 2008). Basic descriptive data includes, mean, median, mode, variance and standard deviation. The data can be rearranged in an ascending order as follows:

Statistics, facts, data, and comparisons are absorbing and challenging to present in a way that is anything other than, well, boring. For purposes of an informational presentation, the statistics are unavoidable. However, in this

When we look around us, we may not recognize that statistics is all around. Before I began to take this course “Statistics for Managers” I was not aware of how statistics actually worked. The first idea that came to my mind about statistics was probability. Not knowing statistics and probability are related because they both determine a possible outcome. Throughout this course I have learned what statistics is and how it works. In this paper, I will describe descriptive and inferential statistics, hypothesis developing and testing, the selection of statistical tests, and how to evaluate statistical results in analyzing data.

This data set is divided into three categories, this paper compares only three ratios for each category; Solvency Ratios: Quick Ratio, Current Ratio, and Current Liabilities to Inventory Ratio; Efficiency Ratios: Collection Period Ratio, Assets to Sales Ratio, and Accounts Payable to Sales Ratio; Profitability Ratios: Return on Sales Ratio, Return on Assets, and Return on Net Worth.

The sample size in this research is small which makes it difficult to find a significant relationship between the data and the research question. Additionally, the research instrument was distributed via email which limits complete access to all required personnel within the organization.

10. Was it important for the researchers to include the total means and SDs for the study variables in Table 2 to promote the readers’ understanding of the study results? Provide a rationale for your answer.

The company’s debt ratios are 54.5% in 1988, 58.69% in 1989, 62.7% in 1990, and 67.37% in 1991. What this means is that the company is increasing its financial risk by taking on more leverage. The company has been taking an extensive amount of purchasing over the past couple of years, which could be the reason as to why net income has not grown much beyond several thousands of dollars. One could argue that the company is trying to expand its inventory to help accumulate future sales. But another problem is that the company’s

Therefore, based on this information appropriate original sample sizes were selected. On the negative side, even after pilot studies, questionnaires contained certain limitations, including lack of details about expected outcomes of the study, better structure of questions, etc.

The author has experience in dealing with financial data during his day to day job. Therefore he is comfortable with extracting relevant figures and come to a conclusion on his

What has the analysis revealed? How have your questions been answered? (Refers back to the questions of interest, problem statement, and/or