Statistics (Performance Report)
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You are the manager at a company and are asked to present a report on the year-to-date performance of your division. What type of statistical information would you include in your report? In particular, which descriptive statistics (mean, median, standard deviation, etc.) do you think would best represent the main aspects of the performance of your division? What types of graphical presentation (histogram, dot plot, stem-and-leaf, bar chart, etc.) would you include? Explain your reasoning.
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The solution provides a statistics performance report.
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Statistical information should include the productivity and outputs. With these, one will need to use comparisons from previous quarters and years. Therefore, the mean is one statistical piece of data that can be useful. The average of the overall is often able to point to success over longer periods of time and does not pinpoint a specific one. If one month is slow, but the overall ...
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