Tuesday, April 30, 2019
What statistical measures should be used to assess the commercial Assignment
What statistical measures should be used to assess the commercial viability of an organisational website What would these measures show, and what would they not show - Assignment ExampleTherefore, commercial viability of an goerning skunk be gauged by examining the performance of its commercial website. Performance of an organizations website can be checked in terms of legal, technical, and marketing viabilities. According to Clark (2013), examining a websites operational viability should be unblock from subjective analysis. In order to foster objectivity, analysis on a websites viability is conducted though statistical measures. Common statistical measures applied in measuring websites commercial viability include central inclination of an orbit measures like signify, dispersion measures like standard deviation, and linear correlation measures like Pearson correlation coefficients.Websites viability can be ascertained by acknowledging the number of visitors viewing an organizat ions web page. A gamey number of visitors signify increased attraction of website contents on potential customers. Contrarily, low number of visitors indicates neediness of attractiveness by an organizations website. Monitoring the number of visitors on a daily primer coat is not only time consuming but also monotonous. Therefore, central tendency measure of arithmetical mean can be used to determine the average number of a websites visitors over a finite period. Perry (2006) mentioned that arithmetic mean is a representative measure which provides an overview description of a information set distribution. Unlike other measures of central tendency like mode and median, arithmetic mean summarizes conduct of a data set in a representative manner. Measuring websites viability using mean provides an inference about the average number of persons visiting a web page.Contrarily, use of arithmetic heart in statistical analysis has demerits. Arithmetic mean does not describe any relation ship surrounded by multiple variables that influence the number of visitors entering a website. Undeniably, a central tendency
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