Statistic For Business

v

Suggested Outline for the Final Report
University of Wisconsin – Superior
Department of Business and Economics
I. Introduction-how did you get the internship, inclusive dates of internship, weekly work schedule, rate of pay, etc.
II. Background
A. History of firm – date founded, by whom, growth statistics.
B. Organization structure of the firm including organization chart with titles and names, number of employees,
name and position of your supervisor, company mission statement, goals, nature of the business, its
competitors, product/service lines, and principal shareholders.
III. Internship Objectives
A. Summarize your learning objectives.
B. Which of your objectives you achieved and how.
C. Which of your objectives you did not accomplish and why.
D. Learning you accomplished that was not included in your objectives.  This is usually quite significant and
includes office politics, person-to-person relationships, characteristics and skills required for advancement, etc.
E. Which aspects of your classroom learning were helpful and provided you with knowledge/skills required on
the job and why.
F. Things you wish you would have learned/known prior to starting the internship and why.
IV. Detailed description of the actual work you did, projects completed, and your accomplishments.   This is the
major portion of your report.  Be sure to clearly describe what you did, keeping in mind that you want the reader to
be able to understand what you write even though he/she may know little, if anything, about the day-to-day
operations of the firm.  You should include copies of appropriate forms and projects in the appendix, but describe
their development in this section.
V. Summary and Conclusions:  Discuss your general reactions to the internship–good and bad points.  Provide
suggestions (if any) for improvement of the internship experience in general and with this company.  Ideas include
what divisions of the company that would have you liked to have learned more about during your internship.  We
strongly suggest that you discuss your suggestions with your supervisor prior to writing them up.  What aspects of
this industry attract or discourage you from a career track in that sector of the industry.  What suggestions do you
have for fellow students about to begin an internship with this industry and/or firm?
NOTE:  You must have the permission of your company supervisor for any company material in your final
report.

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Basics of Statistics

Probabilities

Data Collection & Sampling

Probability Distributions

Frequency Distributions & Charts

Discrete Distributions

Measures of Central Tendency

Continuous distributions

Measures of Dispersion

Estimation Theory

Correlation Coefficients

Index Numbers

Regression Analysis

Vital Statistics
Statistics For Business
Main Topics
UMS
2014
Dr Mohamed El Khouli_ Statistics For Business
2
Lecture No.
Lecture No.
Lecture No.
Lecture No.5
55
5
Correlation
Coefficients

Recognize
the concept of correlation in statistics science

Identify
what is meant by the scatter diagram and how to judge
for the existence of a correlation relationship between two
variables or not, and if this relationship is linear or non-linear.

Distinguish
between the types of correlation coefficients and
their suitability depending on the nature of the data used in the
analysis.

Recognize
what are the assumptions for the use each kind of the
correlation coefficients, and how to determine the strength and
direction of the relationship between the two variables.
UMS
2014
Dr Mohamed El Khouli_ Statistics For Business
7
Scatter Plot
Correlation coefficients
Correlation coefficients
Correlation coefficients
Correlation coefficients
systolic blood pressure
&
weight
Scatter diagram of
Scatter Diagram
Correlation coefficients
Correlation coefficients
Correlation coefficients
Correlation coefficients
Scatter Diagram
Scatter Diagram
Scatter Diagram
Scatter Diagram
The pattern of data is indicative of the type of
relationship between your two variables:

Positive relationship

Negative relationship

No relationship
Why is the Scatter Diagram be important when examine the
correlation analysis?
To know the extent of the relationship between two variables
or not, and In order to determine the form of the relationship
if be linear or non-linear.
UMS
2014
Dr Mohamed El Khouli_ Statistics For Business
8
Scatter Diagram
Correlation coefficients
Correlation coefficients
Correlation coefficients
Correlation coefficients
Positive Relationship (+):
-1

2
4
6
8
10
12
14
16
18
0 50
100
Height in CM
Age in Weeks
Scatter Diagram
Correlation coefficients
Correlation coefficients
Correlation coefficients
Correlation coefficients
):-
Negative Relationship (
-2
Reliability
Age of Car

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