Statistics Project Assignment Example | Topics and Well Written Essays - 500 words

Statistics Project - Assignment Example 1. If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed at less than the mean for that year? Hint: You do not want to calculate the mean to answer this one. The probability would be the same for any normal distribution. (5 points) If a person bought 1 share of Google stock within the last year, the probability that the stock on that day closed at less than the mean for that year is 0.50 (or 50%). This is because the normal distribution is symmetric about the mean and the area below (or above) the mean is equal to 0.50 that is the mean divide the area exactly half on both ends (left or right). 4. Suppose a person within the last year claimed to have bought Google stock at closing at $589.50 per share. Would such a price be considered unusual? Be sure to use the definition of unusual from our textbook. (5 points) No, such a price would not be considered unusual. This is because the probability of buying a Google stock at closing at $589.50 (or higher) is about 0.0507 (or 5.07%) and typically, we say that an event with a probability less than 5% is unusual. However, we can say that it is very close to be considered an unusual price. 5. At what prices would Google have to close at in order for it to be considered statistically unusual? You should have a low and high value. ? Be sure to use the definition of unusual from our textbook. (5 points) 6. What are Quartile 1, Quartile 2, and Quartile 3 in this data set? Use Excel to find these values. This is the only question that you should answer without using anything about the Normal distribution. (5 points) 7. Is the normality assumption that was made at the beginning valid? Why or why not? Hint: Does this distribution have the properties of a normal distribution as described in our textbook? It does

Disaster Recovery Information Case Study Example | Topics and Well Written Essays - 750 words

Disaster Recovery Information - Case Study Example As long as the management’s input is required, their perceptions and expectations must be elicited and their commitment to the process of CSRIT must be acquired to sustain and prolong the operations of CSRIT. Resolve the CSRIT progress strategic plan: The project management and administrative issues such as specific timeframes, project group and presentation of the project group stakeholders, and communication to the management and project team should be addressed when giving thought on how to manage the progress of the CSRIT. Acquire relevant information: The necessary information required to carry out such task can be sought from the stakeholders or business manager and representatives from IT, human resource, public relations, legal department, risk management specialists and security. The information can also be obtained from conferences which offer CSRIT education. Modify the CSRIT vision: This entails clearly defining the goals, expectations, funding, organizational model, mission, objectives and constituency. The visions might also be the bargaining power when acquiring the management’s support and buy-in. After the modification of the vision of the CSRIT, the communication of the same should follow. CSRIT vision should be communicated to the constituency, management, and other person who understands the CSRIT operations after which adjustment deemed necessary are made. Implement the CSRIT: Implementation is done once the constituency and management have agreed to buy in depending on the vision. This entails recruiting and training CSRIT staff, buying equipment and building the essential network system, developing the procedures and policies to guide the CSRIT services, building incident tracking systems, and making the guidelines for reporting incidents.