Saturday, December 28, 2019

Introductiong To The Concepts Of Organisational Behaviour Business Essay - Free Essay Example

Sample details Pages: 13 Words: 3971 Downloads: 8 Date added: 2017/06/26 Category Management Essay Type Narrative essay Did you like this example? As we are in the world of business organisation, there are many of circumstances that we are facing together may be it if human resource or environmental or to the growing competition in the business. Organisational Behaviours has critical vital role in the management.OB always deals with the application or knowledge of how individual or group of individual act in the management. Apart from this it also deals with human factors working in the management in the modern way of work to active the goal of the organisation.OB deals with the various factors of the management like methods of work, viewpoint and analysis to work done. Don’t waste time! Our writers will create an original "Introductiong To The Concepts Of Organisational Behaviour Business Essay" essay for you Create order Various authors have different views on Organisational Behaviour.Like, FRED LUTHANS defines OB as, The understanding, prediction and management of human behaviour in organisations .Organisation behaviour is the study of the structure, functioning and performance of organisation and the behaviour of group and individual within them, by DEREK PUGH. Porters perspectives on Behaviours in Organisations, understands one individuals behaviour is a challenging problem in and of itself . Organisation Behaviour is defined properly that it is the aspect that is prevalent to the organisations it is also a fact that all the organisation are taking effective methods for a smooth functioning in the organisation by taking various effective measures in terms of employees and trying to overcome their behaviour into an organisational behaviour which would beneficial to the organisation as well as the employees. Organisations are complex systems. In this century, progress depends heavily on the u nderstanding managing effective organisations.Nowdays, all organisation have realized that all the human behaviour in an organisation can be understood by studying applying the behavioural science frame work other discipline by exploring the various facts about human behaviour converting them to organisational behaviour in order to achieve to goal or aims of the organisation successfully. OB study involves with the different criteria, such as:- 1. Attitude 2. Interpersonal relationship 3. Performance. 4. Productivity. 5. Job satisfaction. 6. Commitment of employees. 7. Levels of organizational commitment and industrial relations. It also interprets with the organization in terms of people and group of people in the organization. The main purpose of OB is to achieve: A} Human objectives. B} Organizational objective. C} social objective. Organisational behaviour is so important for any organisation that gives opportunity to learn about human behaviour can be able to apply them in actual dealing with employees in an organisation its knowledge also helps to organize the employees nature behaviour. The following study refers the various aspects of Organisational Behaviour how to run a group or a team effectively by applying the theories of OB practically in various situation how to overcome the problems and solve them to earn the motive or result of the organisation. BRIEF INTRODUCTION TO THE CASE ON DALLAS BASED SOUTHWEST AIRLINES:- DALLAS SOUTHWEST AIRLINES are in filed of airlines from 35 years of profitability.It is also the largest airlines in United States ,by number of passengers carried.In last year 70 million passengers have flied through South West Airlines to near about 60 destinations around the United States.Passengers have found that SWA has very good range of fair for transportation,than the automobile transportation.For the sake of passengers SWA is willing to make in-flight meals,baggage transfers,and other frills for economically amenables wings. Due to its reinnovation in wings and other factors SWA remains a maverick in the industry.Southwest Air was founded in 1966 when a group of investors,including Rollin King,M.Lamar Muse,and Herbert D.Kelleher,pooled $560,000 to form the Air Southwest Company.It was incorparated in 1967,serving three cities within Texas:Dallas,Houston and San Antonio. By the end of 1971,Southwest owned four aircraft,which has offered hourly flights between Dallas and Houston,and some of to San Antonio and Houston.SWA has lots of controversy in it.In,1972 Dallas and Fort Worth and their Regional Airport Board filed suit to force the airlines to move from Love field to newly constructed Dallas-fort Worth regional airport,by which charging higher landing fees and rent there,which will help offset the cost of the expensive project.All the air lines have moved to the new airport.But South west air lines have refused to move there,due to not existence. In 1974, competitors of Southwest, began to move to Dallas-Fort Worth Airport, by giving cheaper, convenient airport. This was the new issue which SWA was facing. SWA has left its presence at Love field and its newly innovated facilities at Houstons Hobby Airport.This was due to strong commuter service and the border operations. South West Airlines is known for its innovation in operations and HR practices under the long standing CEO, Herbert D. Kelleher.He has brought many things to the management. Which has lead for the managements improvement.He has proved that management is the cornerstone of the organisation effectiveness,which integrates the activities that permeates every facet of the operations of the organistaion. An Overview Of The Case Study:- The SOUTH WEST AIRLINES is second leading position in airlines,which is famous for its Innovation in operations and its Human resources pratices.They have proved the statement in various sectors of management, and had integrated the this activities in the operations. Their philosophy followed by the management gave more importance to integrity and community as the backbone of theirs. They also have respected to their employees and there team. There business was not profit oriented but to satisfy their employess and customers.And they have proved it very clearly. The CEO, HERBERT D. KELLEHER has developed a new culture aimed at fun and employee satisfaction.He has also developed many oriented programs for employees like training and motivational programs.In work , environment was created very friendly and fun loving. Employees were treated as friends. By which their position was marked in the airline industry,due to there practices of HR and other. Since, going through many controve rsies they have overcome the problems and have solved them. The case study will show all the circumstances of the SWA and how they have over come them from various sectors of Management. The SWA Influence On Behaviour On:- INDIVIDUAL:- Organisation is madeof group of individuals. Wether he is acting as an isolated body or in group of people for the existence of the operations of the management. In SWA individual were in play full environment.They were not treated as employee. It was noticed that the needs of the individual and the demand of the organisation were in certain manner, due to the practices played by the management. It was the duty of the management to integrate individual and the organisation to provide a happy environment which permits satisfaction among the individuals. Which leds to the organisation goal very proudly. THE GROUP:- The group consist of various bodies in the organisation which works and performance together. It consist of group of one member or group of members.Group consist of two bodies Formal group and Informal group. Informal group sees the needs of the group or individual.In SWA group behaviours pressure can brought major influence on the organisation behaviour and performance. THE ORGANISTAION:- In SWA individual and groups use to together interact with both formal and informal.SWA has created a structure which establish relationship between this individual and group of individual.This structure has helped them to bring out their organisation goal. In this structure organisations processes are directed, planned and controlled. FACTORS THAT DETRMINE THE PERFORMANCE OF THE ORGANISATION 1) LEADERSHIP 2) MOTIVATION 3) CONTRIBUTION 4) ROLE OF INDIVIDUAL AND GROUPS LEADERSHIP Going through the various controversy and the aspects which brought the SWA to the decline process. They have outcome this problem by their various skills. THE CEO, of SOUTH WEST AIRLINES HERBERT D. KELLEHER has brought a new trend in the leadership style in those days where SWA was facing a lot of problem in the organisation. He has brought renovation in the business by way of thinking. HERBERT has brought innovation in the leadership style. He has traced the problems which were forcing SWA. By his leadership style he has found that management can solve these problems by their structure. He has built a structure in the organisation. Where in all processs use to Directed, Controlled and Planned. This structure consists of group of individuals and individual. The structure was in such a way that focuses the impact of organisation structure and design, and the pattern of management, on the behaviour of people within the organisation. South West Airlines has not the Human Resour ce Department; instead of they have People and Leadership Development Department. All others have tried to copy their style but they failed. The CEO of SWA said that they can copy us but cannot copy our people. The SWA was targeting HUMAN RESOURCES to overcome the problems. Employees were working in a flexible condition. By which they were not having in restriction and any stress. Employees were trained by various skills to improve their working ability. The CEO has arranged devised numerous employee oriented organisational practices, training and motivational programme. He has maintain all workers chain in such a way that a proper feedback will come from every part of the organisation. The CEO of SWA, has maintain a fun loving environment in the organisation. Due to his supreme leadership he has made faith in the workers, this was one of the most important factors of the organisation. But their were some obstacle that SWA was facing it. Workers were dependent thoroughly on the o rganisation. Since they were having all rights , due to flexible environment. In SWA if any chain broke down all work use to stop. This has brought critical debt in the organisation. But due to HERBERTS real innovation practices slowly this problem was solved,and once again he has proved that HUMAN RESOURCE factors can influence the organisations goal. All the air lines industries were afraid by the KELLEHERS innovative HR practises. Since leadership is inter related to motivation, interpersonal behaviour and the communication. A good leader knows all about the process and empowerment. Leadership is dynamic process. A leader has to be interpersonal not only with subordinate but also with the organisation. Good leadership helps to improve the team and teamwork. A leader is responsible for the organisation goal . And in South West Airlines leaders were knowing by this factor, which has helped them to achieve certain goals. IN SWA, leaders were allowed to take there personal decisio n at right time to get people to accept solutions. Like other organisation there was no cold war in the management and the leaders or workers. SWA has maintained coordination between workers and the management. This created a vital flow in the organisation. By there leadership style relation was maintain between people,managers have maintain with low level of involvement. SWA leaders has shown sympathy with people and given attention towards workers social need. This has helped for Team building. This case discusses how a leader can influence the HR practices of the whole organisation with way of his leadership style. KELLEHERS has also proved a proper decision at proper time can influence the Human resource. Due to his Ethics he has made a moral in leadership. He was likely know about the workers three basic social needs food, clothing, shelter. He behave not as a boss with them but as friend. Behaviour was the reason for workers understanding, management has brought a morali ty in the brains of the workers. The management has trust and value towards their employees. The management has created an ethical climate in the organisation. Proper direction was given. Employees were rewarded by their performance. A discussion among the employees(technical) and the managers and a feedback. Management was socially responsible for the welfare of the individuals. Spirituality awareness has action towards the organisation. Diversity was created amongst the employees by which new things can be created in the organisation. MOTIVATION:- According to Stephen P.Robbins, motivation is the willingness to exert high levels of effort towards organisation goals, conditioned by the efforts ability some individual need. In South West Air lines, when the firm was in going through various controversies workers have left their hopes. This created clashes between the organisation and the workers. Soon the organisation has brought a Motivation factor in the firm. Since workers have loosed their hopes, once again they were motivated to work in the safe chain. SWA has social contact at the work place with their workers. Workers were motivated by acknowledging their social needs and making them feel important among others. This what SWA has done to influence their employees. Workers were not having any uniform at workplace, they use dressed in shorts, polo shirts and sneakers. By which they were comfortable at work. They were encouraged to tell jokes and have fun loving job. By this reason SWA is known by fun-in-the-sky airline s. The CEO has always believed that the company is stronger if there is love in the atmosphere, rather than by the fear. This created a culture of responsibility, respect and accountability which comes from freedom. This made them most admired companies in the rest of the world. The only agenda they were following was employees are the first customers. SWA believed that if you treat your employees right they will treat the customers right. And if you treat your customers right then they will come again back and the shareholders are also happy. SWA is to send cards to all the employees working in the organisation on their birthday or anniversary of their employment. They use to have contests among the workers for fun loving. SWA has 7 elements in Motivation factor Strongest Set of Values. Values were given to the employees and their work. Values determine the behaviour of the employee at organisation. All workers behave according to these values. This created discipline and enforced across the company. IN SWA values are mandatory. Employees Come First SWA has provided a stable employment with equal opportunity. Employees are encouraged for improving the effectiveness. They have provided the same concern, respect, and caring attitudes within the organisation. They have given importance to every single job. All employees were given equal values and respect, by which created a strong feeling and mutual belief and trust. There is no doubt in the motivation of SWA. Rewards and Recognition Employees were known by the recognition and rewards that the organization provides them for their performance. They know what they will get instead of that for their exceptional work. SWA has given importance to all over the filed of organisation i.e. techniques, approach and device to recognize performance. SWA recognized all employees work directly to their personal accomplishments and rewarding and celebrating them in many different ways. This will create a continuous flow of chain in the organization consequently it will bring a happy and joyful environment. In SWA motivation is of secondary importance. Mission The mission of South West Airlines is dedication to the highest of Customer Service delivered with a sense of warmth, friendliness, individual pride, and Company spirit., HERBERT D. KELLEHER In SWA, employees motivation does not reside in its mission itself. Since SWA has framed their mission which helps employees to work sustainably. Employees know their mission very clearly and they know how to make possible. Hiring SWA is very careful about their selection of employees, there are concern about their employees work and their talent. SWA has a rigorous hiring procedure. South west Airlines has a significant decision about the which worker could be permanent, this procedure is very lengthy to get there right candidates. SWA has a very strong corporate culture with high performance in the oranisation. Distri buted Leadership In SWA, they have very strong leadership at the top and bottom level or throughout the organization. Leaders are responsible for the bottom level workers work concern. They are granted that everyone in the management is able to lead in significant ways. They are required to play leadership at different levels when needed. They are trained in such a way that there are skilled leads to do their duty. The management has appointed front line leaders for investigating the great deal. In SWA leaders are placed by their natural talent of motivating their subordinates. So SWA hire candidates who are not afraid at work or thrilled with the possibility of leading. Due to the changing environment in the business, SWA has adopted changes from time to time for the superior performance over the long run. Performance Management This is most important motivation element of SWA which conducts the performance of the management. SWA has three dimension of performance: E mployee well being Customer satisfaction Shareholder gain SWA has a clear vision on the needs of employees, they are the first customers of the organization. This has created hopes in minds of employees which created increase in performance. This in order has reached to a clear view of goal. The performance of worker is critical, so SWA has a element of tracking and rewarding of individual. Employees has clear vision, goals, roles and responsibilities of their work and management profit. 3) CONTRIBUTION: SWA has gone through various controversies they have fought with very courage and have made many ways. In these last consecutive years they have faced many controversies. May be of land or others government regulation, they have always managed it very properly. In this management has managed the workers by their skilled performance. And workers have also given their whole contribution to the organization. The CEO of South West Airlines has managed workers by their natural skills, right individual at right place. This helped the workers to work in fun loving environment. They dont have any regret towards the management. Leaders have encouraged them to do work with more performance and with skill. In decision making workers have contributed a lot, leader have motivated them in various field of their work. ROLE OF INDIVIDUAL AND GROUPS: In SWA, individual and groups have there vital role in the management. Due to the fun loving environment they are prompt at work, by the organisation goal. In SWA all jobs are allocated by the management, right person at right place. SWA has very high deal of importance on the hiring process to know people with their skills. They survey that how candidate can affect the overall operation. SWA has typical search for appropriate skills and experience. All decision is made by workers and management committees. Employees are allowed to make decision in the field. The management has made a good relation with the workers and leaders. Leaders have shared knowledge, goals, and mutual respect. Employees of SWA embrace their relation with one another, which allow them to work in coordination and effectively. Fun loving, creativity, individuality and empowerment is the back bone of the management. SWA has some high performance relationships practices:- Investing in frontline leadership Leading with credibility and caring Hiring and training for relational competence Using conflicts to build relationships Bridging the work/family divide Creating boundary spanners Keeping jobs flexible at the boundaries Measuring performance broadly Establishing partnership with unions Building relationship with suppliers All this practices made workers and management to work with courage and prominent to their goal and managements profit. OBSTACLES TO EFFECTIVE ORGANISATIONAL PERFORMANCE:- Communication Gap:- In south west airline, since employees were treated as the first customers then also there was a gap between management and the workers. Even though SWA has tried to overcome it but it was not totally solved. Workers have mutual understanding between their leaders and them, but not to the management. The CEO of SWA was hero between the employees then also some controversies were there. Cultural clash:- In SWA new employees were taking time to settle in the management. And older employees were not satisfied with the individual hired. Both were trained or educated in same environment, even though they their was clash between their culture. Newly acquisition has created this clashes. Soon SWA was trying to overcome. This can be overcome only when these workers are allowed to work in same routine. Or allowed to work in different shift. So this might over come the problem of cultural clash. Internal Threats:- SWA has faced many a internal threats. But the wast was when Kelleher loss his power and strategic direction, Due to the new entrants to the industry. In 2001, CEO has become chairman of the SWA, workers were not happy with that losing of their leader. And become the highly collaborative corporate culture. External threats:- When others copied the strategies of SWA the management was unhappy with this reason. Although SWA has a strong customer base and is diverse, then also were having challenges. Competition was large and competitors have reduced their fares. This affected SWA to make fares reduced. This can be solved by fare promotions in the market. Customers can made happy with new services in SWA. THE CHANGING NATURE OF MODERN WORK ORGANISATION:- The changing nature depends upon the people of the organisation. Environment causes mental and attitudes to the people in the organisation. Since the businesses are in global, the economy changes, increasing the business competitiveness in the market and more customers should be attract. There is no constant or flexibility in the market different changes have to made in the business. Newly technology and rapid spread of the market in the public and private sector and various impact of social and political have increased the attraction towards the business ethics. This has also increased the attention on the ethical behaviour of the decision taking of the leader and the staff. Due to which many of them have started to choose this ethics. The changing nature of the organisation at work placed pressure on the awareness and importance of the moderns ethics. Global competition has made employment guarantee demand management philosophy based on trust and teamwork. Workers are more res ponsible at work. Employees get a continuous learning and personal development. The technology has brought new innovation in the business, ways of work are structured again and again, and jobs are redesign has change the organisation. By this management has become diplomatic in decision taking. New ideas of motivation and development have engaged. Exchange of value has evolved. Workers are encouraged and permitted to achieve their goals as well as the managements goal. Since modern way of work has changed the nature of organisation, it has brought the emergence in the management. Many organisation have changed their organisation with the changing nature of organisation. Management have to take decision at the last, either the nature of organisation has changed the management is the cornerstone of organisational effectiveness. Conclusion:- South West Airlines has his own way of business in the market of airlines. Instead of many of controversies they have managed to work with more new decisions of there leader. The main thing in SWA is there leadership style. This has made them the rulers of airline industry in US. Management of SWA has made the statement true that management is the cornerstone of the effective organisation in various fields of the organisation whether it may be of leadership or motivating their workers or groups. Due to this they have managed to build loyalty in the customers mind. Since SWAs first customers are employees, employees love their job. They have a strategy to do always better, which has succeeded them in airline industry. Many of them have tried to copy them but have failed to do so. They can copy there management but cannot copy there employees. This made there workers unique in way of their efficiency of doing there work and prompt at work.

Thursday, December 19, 2019

Electronic Medical Records Are Transforming The World Of...

In July of 2004, Tommy Thompson, U.S. Department of Health and Human Services Secretary, stated, [A]merica needs to move much faster to adopt information technology in our health care system...electronic health information will provide a quantum leap in patient power, doctor power, and effective health care. We can t wait any longer...† (hhs.gov). In the 12 years since Thompson’s statement, healthcare has been transformed by the beneficial adoption of electronic medical records (EMR) creating savings for healthcare organizations and reducing costs for practitioners and informaticists, as well as other professionals involved in the process. Electronic medical records have the potential to transform and develop healthcare in a multiplicity of ways over the coming years. According to Net Health, there are three different ways that specialized EMRs are transforming the world of healthcare today. The first way is the fact that the more accessible data exists in the healthcare industry, the easier it is to make a diagnosis (NetHealth). These diagnoses are not being used in just one setting, however, but in a conglomeration of medical care settings. These include clinics and treatments which are improving the quality of life for breast cancer patients, diabetes patients, chlamydia patients and even colorectal cancer patients (Kern). Electronic records are creating a huge and accessible database to reach information more quickly and more efficiently. As physicians and practices,Show MoreRelatedHealthcare Communication As A Result Of Mobile Health Technology921 Words   |  4 PagesHow healthcare communication as a result of M obile Health Technology Characterized as the â€Å"Digital Age,† modern technologies are flooding every aspect of our lives and completely transforming healthcare communication. Healthcare technologies have revolutionized information gathering, research, treatments and communication in healthcare. The invention of â€Å"Smart Phones, tablets, and computers† has changed health care communication because more than 60% of Americans own a smartphone and 42% of theseRead MoreFuture Trends in Health Care1337 Words   |  6 Pagesrelationship. Electronic communication between caregivers and patient through telephones web-sites and e-mail are forcing medical staff and physicians to rethink the way they provide care to the patients, the accessibility to on-line health and wellness information. Home monitoring systems, personal health records, and on-line support groups is making it possible for society to take charge of their health (Center for Practice Improvement and Innovation,  2008). This pape r will look at electronic forms ofRead MoreThe Electronic Health Records ( Ehr ) Systems1303 Words   |  6 PagesIntroduction to Health Informatics: Assignment 1 We live in a world of computers, tablets, smartphones, and social media. Digital technology is so thoroughly merged into our everyday lives that being less connected is nearly unimaginable. But how exactly has this digital revolution affected the way we conduct health care? We are in the centre of a nationwide integration of digital technology and health delivery via the electronic health record (EHR). It is hoped that we will have a nationwide EHR systemRead MoreCurrent Policies For Emr Practitioners Figure 1 : Showing Adoption Of Emr1390 Words   |  6 Pages ELETRONIC MEDICAL RECORDS INTERGRITY NKWOCHA CHARLES O. December 2015 Table of contents Summary Introduction EMR (problems) Risks in EMR Current policies for EMR practitioners FigureRead MoreUse Of Big Data On Improving Patient And Health Related Outcomes1738 Words   |  7 PagesImprove Patient and Health-Related Outcomes Abstract: The world of healthcare is going through a transformation in the IT world. The capture of â€Å"Big Data† has only begun. Applications are being introduced that help individuals make sense of this raw data, which is proving to be very beneficial in the healthcare world. Although in its infancy, the advancements we see in this research paves the way for a very promising future in healthcare. The use of Big Data proves to show how raw data can be turnedRead MoreChallenges Faced With Ge Healthcare1464 Words   |  6 Pages GE healthcare has positioned it self as a global player in more than 100 countries. The company has laid his hands in all the aspects of healthcare. Though they have been leaders in this industry, the company faces number of challenges. The challenges include complying with safety standards of different countries, setting up presence in emerging markets, low cost innovation, educating workforce, administering clinical data ethically, aligning information technology with health care and minimizingRead MoreThe Role Of Ehr And Electronic Medical Record ( Emr )1570 Words   |  7 PagesWelcome to the world of change, no matter how well we deal with change, it s continuous and shows no signs of abating any time soon. In order to remain competitive in this environment, healthcare organizations need to improve patient safety, revenue capture, operational efficiency, and clinical outcomes. Electronic Health Record (EHR) was the first step to transformed health care. An Electronic Health Record (EHR) is a real time digital version of a patient’s paper chart that make information availableRead MoreProfessional Knowledge and Abilities Paper1018 Words   |  5 Pagesone is known as â€Å"HIMSS† (The Healthcare Information and Management Systems Society). AHIMA was founded in 1928, and is the primary association of health information management for (HIM) professionals (AHIMA, 2010). AHIMA has more than 53,000 devoted members whose main purpose it is to improve and control the quality of medical records (AHIMA, 2010). In addition, AHIMA is dedicated to the advancement of the HIM profession in an increasingly electronic and global environment throughRead MoreThe Financial Impact of Technology on Service Delivery Essay1162 Words   |  5 Pagesrespect to increasing impact in the financial sector. According to Reuters, â€Å"The United States spends more on healthcare than any country in the world but has higher rates of infant mortality, diabetes and other ills than many other developed countries.† Health care experts and consumers believe health information technologies, like electronic health records to be essential to transforming the health care industry. Technology is stated as the scientific method and material used to achieve a commercialRead MoreHealthcare Informatics1120 Words   |  5 PagesHealthcare Informatics Introduction Demographic shifts in the global population, greater levels of technological disruption due to the Internet, social media and the en masse adoption of smartphones and tablet PCs are together re-defining the healthcare informatics market. System and informatics theories have emerged as the foundational elements of healthcare informatics supported by the Data, Information. Knowledge (DIK) Model which acts as a taxonomy for these developments (Haugh, 2005). Systems

Wednesday, December 11, 2019

Prices and Research

Questions: Visit the Australian Stock Exchange website, www.asx.com.au and from Prices and research drop-down menu, select Company information. Type in the ASX code CCL (Coca-Cola Amatil Limited), and find out details about the company. Your task will be to get the opening prices of a CCL share for every quarter from January 2001 to December 2015. If you are working with the monthly prices, read the values in the beginning of every Quarter (January, April, July, October) for every year from 2001 to 2015. It is part of the assignment task to test your ability to find the information from an appropriate website. If you are unable to do so, you may read the values from the chart provided below obtained from Etrade Australia. Obviously, reading from the chart will not be accurate and you may expect around 60 percent marks with such inaccuracy. After you have recorded the share prices, answer the following questions: a. List all the values in a table and then construct a stem-and-leaf display for the data. b. Construct a relative frequency histogram for these data with equal class widths, the first class being $4 to less than $6. c. Briefly describe what the histogram and the stem-and-leaf display tell you about the data. What effects would there be if the class width is doubled, which means the first class will be $4 to less than $8? d. What proportion of stock prices were above $10? Answers: a. The List of the share prices at the beginning of every quarter are given below: All units are in Dollars Year 1-Jan 1-Apr 1-Jul 1-Oct 2001 4.91 4.65 4.85 5.02 2002 6.37 6 6.3 5.28 2003 5.73 5.69 5.86 5.89 2004 6.35 6.89 7.02 7.36 2005 7.85 8.28 7.81 7.62 2006 7.68 7.28 6.85 6.96 2007 7.83 9.51 9.16 10.2 2008 9.36 8.41 7.72 8.05 2009 9.15 9.14 9.33 10.64 2010 10.93 11.22 11.47 11.14 2011 11.24 11.94 11.3 12.3 2012 11.55 12.45 13.93 13.45 2013 13.84 15.14 12.85 12.9 2014 11.69 9.25 9.31 9.15 2015 9.7 10.27 9.28 9.11 Next we display the data in stem and Leaf plot : 3 4 689 9 5 026788 16 6 0333889 25 7 023667888 28 8 024 (12) 9 111112233357 20 10 2269 16 11 12234569 8 12 3489 4 13 489 1 14 1 15 1 b. The histogram with the specified class intervals is given below: Class Interval Frequency 4-6 9 6-8 16 8-10 15 10-12 12 12-14 7 14-16 1 Total 60 The Histogram is shown below: c. After considering the stem and leaf diagram and the histogram plotted we can conclude that the distribution is nearly symmetric in nature. If we double class widths, then the diagram would not be good enough to judge the data and hence we could not give proper interpretations of the data. d. The proportion of stock Prices above 10 is 20/60=0.3333 (upto 4 decimal places).

Wednesday, December 4, 2019

Nothing Goes to Waste free essay sample

All my life, I identified myself as a soccer player. I grew up in a town that prided itself on an outstanding soccer program. Everyone around me had the same interest in it: my brother, sisters, parents, and friends. My life revolved around this sport, and I was successful at it. I played on competitive teams, but I also participated in sports like basketball, gymnastics, skiing, and swimming. As I got older, I focused more exclusively on soccer. Soccer was my all-year sport, that is, until I got cut. Going into my sophomore year, being cut from the team was a huge disappointment, especially since I was now separated from my teammates and friends. I had two choices: (1) to feel sorry for myself, or (2) to make something positive out of a negative experience. I convinced myself to find another sport in which to channel my energy. As a freshman, I was on the varsity swim team, but never took it as seriously as soccer. We will write a custom essay sample on Nothing Goes to Waste or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page So, during soccer season I could always be found in the pool. I participated in a club swim team with the thought that practice would help make me a better swimmer. When high school swim season came around, I made the team and tremendously improved my skills. I advanced two levels and pushed myself at practices and meets more than I ever had in the past. As the season continued, I qualified for Sectionals which meant that I was competing at an even higher level. A few days prior to Sectionals, I became very ill and had to forfeit my spot to another team member who was healthy and could compete. It was tough to relinquish my spot, especially because I worked so hard for this, but I knew that the following year I would re-engage my effort to make my goal of Sectionals again. By the end of my sophomore swim season, my coach gave me the award for â€Å"Rising Star.† One person each year receives this award for their resilience, attitude, sportsmanship, and being a positive asset to the team. Though I was not able compete at Sectionals because of my sudden illness, this award showed that my hard work and diligence did not go to waste. When junior year arrived, I was training with my club swim team, still preparing for winter swim team. Given the setback I endured the previous year, I was determined to make sure that I could not only make Sectionals but qualify for States. My sights were set very high. I practiced and prepared myself mentally to swim my best, and I did, qualifying for Sectionals and States. Over time, I realized that my failure to make the soccer team turned into successful opportunities in swimming. I gained another close knit community, broadened my interests, met new friends, and improved my abilities. By reaching out of my comfort zone, I was able to realize my potential in swimming, but more particularly, as a person. Swimming in Sectional and States meets was a symbol of my perseverance over the last two years. No longer did I define myself as a soccer player, but as a swimmer. I could play soccer here and there, but my idea of success had changed. Success is not making a certain team or playing a certain sport; it is setting a personal goal and striving to reach it. Success doesn’t mean that I must focus all of my energy in one area. I must have diversification in my life, because being almost exclusive in one area limits my potential and opportunities, which will again cause me to fail.