Quantitative Methods For International Business About The Population Of Europe And Asia

1012 words - 4 pages

1. IntroductionPopulation is becoming the most serious problem in this world. Overpopulation is the heavy burden in many developing countries. There will be not enough resources to sustain life. Many environmental, social, and economic problems from or are increased in magnitude by the overpopulation problem. For instance, there is a limited area of arable land and living space, such as India. That means no big country with large population has strong development.In this report, I will use the Minitab to produce the statistics about the cross-section data of the population of Asian and European countries in year 2004, time series data about the population of Sweden from year 1984 to 2003.2. Statistical Analysis2.1 Stem-and-Leaf DisplaysStem-and-leaf of populations of European countries N = 30Leaf Unit = 1000000(16) 0 000001344455778814 1 000069 2 28 3 87 4 075 5 84 6 002 72 8 2HI 143Figure 1: Stem-and-Leaf Display: Population of European countries in personsStem-and-leaf of population of Asian countries N = 30Leaf Unit = 100000010 0 000222223415 0 5566715 1 314 1 513 2 2311 2 5788 38 38 48 4 87 57 57 67 6 9HI 127, 141, 159, 238, 1065, 1298Figure 2: Stem-and -leaf Display: Population of Asian countries in persons2.2 Descriptive StatisticsVariable N Mean Median TrMean StDev SE MeanEurope 30 22476776 8580581 17231947 32137115 5867408Variable Minimum Maximum Q1 Q3Europe 32270 143782338 4327231 39039957Figure 3: Descriptive Statistics of population of European countriesVariable N Mean Median TrMean StDev SE MeanAsia 30 111910498 10615903 38180467 297988294 54404970Variable Minimum Maximum Q1 Q3Asia 339330 1298847624 2969311 53703362Figure 4: Descriptive Statistics of population of Asian countries2.3Box plotFigure5: Comparative Box plot of population by European and Asian countries2.4 HistogramsFigure 6: Histograms of the population of 30 European countriesFigure 7: Histogram of the population of 30 Asian countries2.5 Time series chartFigure 8: Time series chart of population of Sweden from year 1984 to 20033. FindingAmong all the European countries, Monaco has the lowest population of 32,270 persons whereas Russia has the highest population of 143,782,338 persons. It only has one outlier of the highest population. In contrast, among all the Asian countries, Maldives has the lowest population of 33,933 persons whereas China has the highest population of 1,298,847,624 persons. There are six outliers. There can be seen in figure 1, 2, 3, 4 and 5.On overage population of Asia is higher than European, this may because of China has great land area (9,326,410 sq km) in Asia; the population is too difficult to control in this kind of countries. Most of European countries cover the areas are not as big as China, except Russia, but Russian availed land is 7.33% and permanent crop is 0.11% and permafrost over much of Siberia is a major impediment to development, for these reasons the Russian population is very low....

Find Another Essay On Quantitative Methods for International Business about The population of Europe and Asia

Quantitative methods of economics. Essay

3229 words - 13 pages to recognise the conditions for accurate ordinary least squares regression, so to obtain accurate estimates with in the regressions. This aims to minimise the sum of squares of the residuals, giving the best fit of the estimated model. These conditions are given as the Gauss-Markov conditions, which state;* Expected value of the disturbance term in any observation should be E(ui) = 0, and therefore should not have a trend in any direction

696 words - 3 pages '. By temporarily becoming or by pretending to become members of the group being studied it is easier to provide an accurate description of social life for that particular subject, unfortunately this includes adopting the values of the subject too, making the research void of objectivity.Quantitative research methods are more reliable than qualitative research methods, because quantitative data usually consists of official statistics, gathered and

Evaluating the Effectiveness of Qualitative, Quantitative and Mixed Methods When Applied To Mental Health Counseling

5317 words - 21 pages ., professional counselor, licensed counselor, and mental health counselor), adding to consumer confusion.In the quantitative and qualitative research methods effectiveness, methods of constructivist assessment (G. J. Neimeyer, 2003) and tools for reliably assessing shifts in consciousness (Pekala, 2001) may prove invaluable in charting the emergence and submergence of state shifts across contexts and through the counseling process. Such work will inevitably

Qualitative and Quantitative Research Methods

1709 words - 7 pages ruminated by some as conservative and archaic. Usually the issue being researched the researcher has extensive prior knowledge on and has easy access to legitimisation, theory construction and testing (Alston & Bowles, 2003; L Osburn, 2011). An example of quantitative research is the Census which is completed every 5 years and is about asking a mass of population the exact same questions around the same time to analyse the data to make/change

International Relations of Asia

4362 words - 17 pages separate and independent player, none has the power or inclination to destroy the equilibrium." But what about strategic geometry? With the disappearance of the Soviet threat is it still a useful model for the study of international relations in Asia? Or is its use limited to the great power play of the Cold War? And most importantly, how can the concept of strategic geometry lend to our understanding of the transition from the Cold War to the

The Declining Population in Europe and the Decline of the Family

2532 words - 10 pages In recent years it has become evident that the population of Europe is falling at a rate that could become problematic. This problem is contradictory to the idea of a population explosion promoted by the book “The Population Bomb by Paul Ehrlich which decries the rapid growth of the earth’s population as problematic for the environment and for quality of life. The decline of fertility points to a view of children that is particularly troubling

Quantitative, Qualitative, and Mixed Research Methods

2197 words - 9 pages type was not taken as seriously as quantitative research, especially during early periods through the 1950s. In contrast to quantitative research, qualitative research has emerged as a method to gain more extensive information about products, for example, and how they should be promoted in the marketplace (Branthwaite & Patterson, 2012). According to the Northcentral University Concept Paper Template (2013), one approach of qualitative research

1376 words - 6 pages The Internet and International Business The Internet and international business is an interesting topic- discussing an area of business that will probably be around for many years and possibly centuries to come. Since its earliest days, the Internet has been a means of communication, an essential tool in almost instant communication. People can "talk" to others by sending email messages, at the speed of pressing the send key. This

The Meaning of Quantitative and Qualitative Research

1227 words - 5 pages stay healthy. Quantitative research can be highly effective. A strength of quantitative research is that the data is represented numerically, which makes it easier to understand. You can also repeat or replicate the data meaning that an experiment can take place more that one time. Essentially, there is a cause and effect application being applied. This allows for the data to be predictable, which means the researcher can interpret what is

Exploring Why the Cold War in Europe and Asia got More Serious Between 1960 and 1964

2318 words - 9 pages , particularly in Berlin once the wall was erected. Each side used Berlin as a vital part of their spying network. For western spies, it was one of the few ways to get into Eastern Europe. In Asia there was much spying as the Russians, Chinese and Americans had all spied on each other. America tried to spy on the North Vietnamese and the Viet Cong, and in turn they did the same to the Americans. The CIA operated an existing spy network in South Vietnam, but not always with much success, often the Viet Cong had better intelligence.

Will China's rise ruin business in the rest of Asia?

1099 words - 4 pages boxes for employees, many of whose ideas have been implemented.Thai Carbon Black is one of only five companies outside of Japan to win the Deming Prize for its TQM efficiency, which was awarded to it in 2001. And this year U.S. personnel firm Hewitt Associates named Thai Carbon Black one of the five best companies to work for in Asia.But another part of its success has come from Thailand's growth as the "Detroit of Asia"--one of Asia's biggest

Similar Essays

Differences In Qualitative And Quantitative Research Methods For Business

662 words - 3 pages There are two different methods for collecting data. There is Qualitative Research and Quantitative Research. Let's come up with some ideas on how to perform each method and brainstorm on different tools we can use. We will need to be aware of the pros and cons attached to each method as well. To get the conversation started here are my ideas and suggestions.First, I wanted to point out the differences in these methods. Qualitative research is

Characteristics Of Qualitative And Quantitative Methods

937 words - 4 pages gathering the data, while others believe that quantitative method is more trustworthy “as larger part of the universe is subjected to research.” (Naik, 2010) Although quantitative and qualitative research is different, researchers should work together for one common goal, and that is to conduct a good, ethical research project. Each research project has its unique needs and will sometimes need both qualitative and quantitative methods to conduct a

Quantitative And Qualitative Methods Essay

983 words - 4 pages wanted to know how many calls were placed to the IT help desk as it is not needed and would take more time and be to in-depth unlike a quantitative bar chart. Statistical Methods 3.2 These types of methods are often used to summarise or a describe a collection of data that has been analyse this is can be very useful in commination the results of your research data patterns can be used in a way that accounts for randomness and uncertainty in the

Quantitative And Qualitative Methods Essay

1119 words - 4 pages (b) Data Collection Mixed methods research was conducted, where both qualitative and quantitative research were conducted. Such a method is beneficial as both methods can complement each other and fill the gaps that may be present if only one method had been used, thus allowing for a better grasp of the situation present. Despite its advantages, concerns have been raised about the possible dilution of research effort as resources have to be