How can statistics help organizations deal with (a) information overload?
1.5 How can statistics help organizations deal with (a) information overload? (b) insufficient information? Give an example from a job you have held.
1.6 The U.S. Public Interest Research Group Education Fund, USPIRG, recently published a report titled The Campus Credit Card Trap: A Survey of College Students about Credit Card Marketing. You can find this report and more information about campus credit card marketing at www.truthaboutcredit.org. Read this report and then answer the following questions about how statistics plays a role in resolving ethical dilemmas.
a. What is the perceived ethical issue highlighted in this report?
b. How did USPIRG conduct their study to collect information and data?
c. What broad categories did their survey address?
d. Did the data resulting from the survey verify that the issue was a real, instead of a perceived, ethical problem?
e. Do you agree with the study’s assessment of the issue? Why or why not?
f. Based on the results of the survey, is the issue widespread? Explain.
g. An important step in confronting unethical business practices is to suggest solutions to the problem(s). Describe the solutions suggested in the report.
1.7 Using your favorite Web browser, enter the search string “business code of ethics.” List five examples of features that a business ethics code should have.
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Posted 17 May 2017 01:05 PM
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