Last Updated 25 Mar 2020

Statistics Data Driven Decision Making

Category Decision Making
Essay type Research
Words 488 (1 page)
Views 244

It is known that there are two data types that are utilized to evaluate and draw meaningful conclusions through statistics, population and sample data. These two data types are utilized to formulate end conclusions of data that is to be collected and data that is to be reviewed. The description of population data can best be explained, as the complete collection of all data that is to be queried/collected and reviewed. Sample data, a subset of population data, is the partial collection and review of all data that is to be queried.

The relationship of these two data types is simple; sample data is represented as a reflection of the population data and shares a common goal in this comparison through statistics. This can also either be represented as a part or as a whole of all data being evaluated. However we tend to utilize sample data more often than population data primarily as a result that sample data is utilized to formulate a coherent approach to drawing meaningful conclusions about the population.

We utilize this through random sampling of population data to gather and make an assumption based on the population. This can kind of draw the conclusion that sample data and population data go hand in hand. As an example if we utilize “Culture Matters: A Survey Study of Social Q&A Behavior” an article which conducted, in 2009, a social survey of questions and answers based on cultural behaviors, we can come to find relatable data that can be identified through the understanding of sample and population data.

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An overview of this article notes that sample data was collected from four countries and turned overs responses from 933 people, of the population, who held similar job roles and were employed by a singular organization. This was completed to ascertain an understanding of what motivated an individual’s response to ask and answer questions while accessing a social network site.

In this response the United States and the United Kingdom provided data which showed that western countries tend to associate themselves more with an individualistic approach and showed a lower context pattern, while China and India, Asian Cultures, tend to better associate themselves more with a high context pattern, and holistic collectivism. This data shows that the method of random sampling was utilized to ascertain a meaningful understanding of the sample data to formulate an assumption about the population of ones culture within these ountries and the role behind this decision making. As a result we can see that sample data which resulted in 38% UK workers, 41% US, 45% CN, and 50% IN was collected from the resulting population of a 100% of workers from all ethnicity working under a singular work group. This leaves to question the background ethnicity of those individual who did not participate in this survey. In result these statistics were utilized to draw a meaningful conclusion about this data both as a whole and as a sample.

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Cite this page

Statistics Data Driven Decision Making. (2018, May 21). Retrieved from https://phdessay.com/statistics-data-driven-decision-making/

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