chơi xổ số keno trực tuyến

{"appState":{"pageLoadApiCallsStatus":true},"categoryState":{"relatedCategories":{"headers":{"timestamp":"2025-01-31T04:01:15+00:00"},"categoryId":34224,"data":{"title":"Business, Careers, & Money","slug":"business-careers-money","image":{"src":"//coursofppt.com/wp-content/uploads/business-careers-money-category.jpg","width":643,"height":1286},"breadcrumbs":[{"name":"Business, Careers, & Money","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34224"},"slug":"business-careers-money","categoryId":34224}],"parentCategory":{"categoryId":0,"title":null,"slug":null,"_links":null},"childCategories":[{"categoryId":34225,"title":"Business","slug":"business","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34225"},"image":{"src":"/img/background-image-2.fabfbd5c.png","width":0,"height":0},"hasArticle":true,"hasBook":true,"articleCount":6151,"bookCount":195},{"categoryId":34256,"title":"Careers","slug":"careers","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34256"},"image":{"src":"/img/background-image-1.daf74cf0.png","width":0,"height":0},"hasArticle":true,"hasBook":true,"articleCount":1141,"bookCount":52},{"categoryId":34273,"title":"Personal Finance","slug":"personal-finance","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34273"},"image":{"src":"/img/background-image-2.fabfbd5c.png","width":0,"height":0},"hasArticle":true,"hasBook":true,"articleCount":2316,"bookCount":107}],"description":"Whether you’re managing a budget, an estate, or a team of professionals, you’ll learn how to achieve your goals with these books. Covering everything from cryptocurrency to customer service, Dummies can help you move toward your dream job, grow a business, plan for retirement, or keep your finances in shape.","relatedArticles":{"self":"//dummies-api.coursofppt.com/v2/articles?category=34224&offset=0&size=5"},"hasArticle":true,"hasBook":true,"articleCount":9609,"bookCount":354},"_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34224"}},"relatedCategoriesLoadedStatus":"success"},"listState":{"list":{"count":10,"total":9609,"items":[{"headers":{"creationTime":"2025-01-16T18:58:25+00:00","modifiedTime":"2025-01-26T15:33:23+00:00","timestamp":"2025-01-26T18:01:12+00:00"},"data":{"breadcrumbs":[{"name":"Business, Careers, & Money","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34224"},"slug":"business-careers-money","categoryId":34224},{"name":"Business","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34225"},"slug":"business","categoryId":34225},{"name":"Data Management","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34244"},"slug":"data-management","categoryId":34244}],"title":"Five Must-Have Features of Data Observability","strippedTitle":"five must-have features of data observability","slug":"five-must-have-features-of-data-observability","canonicalUrl":"","搜素座舱SEO调整":{"metaDescription":"Ensure the health of your data at every stage with a comprehensive data observability solution. Learn the must-have features of a strong data observability platform.","noIndex":0,"noFollow":0},"content":"In this article you will learn:\r\n<ul>\r\n \t<li><a href=\"#what\">What is data observability?</a></li>\r\n \t<li><a href=\"#why\">Why is data observability necessary for your data platform?</a></li>\r\n \t<li><a href=\"#features\">What are the must-have features of a strong data observability platform?</a></li>\r\n</ul>\r\n<div id=\"what\"></div>\r\n<h2 id=\"tab1\" >What is data observability?</h2>\r\nData is increasingly important to today’s businesses — and ensuring the quality and reliability of that data is critical. High-quality data is the fuel for everything from building new products to driving accurate decision making. <a href=\"//www.montecarlodata.com/blog-what-is-data-observability/\" target=\"_blank\" rel=\"noopener\">Data observability</a> was created to make ensuring the quality of data easier, faster, and more scalable over the long term.\r\n\r\nData observability gives organizations a complete view of their data's health at every stage — from data pipelines to infrastructure — as well as delivering at-a-glance views of dependencies and relationships between datasets. By leveraging data observability, data teams can quickly identify and resolve data quality issues before they reach data consumers, effectively reducing costs, minimizing impact, and driving confidence in the data products it protects.\r\n<div id=\"why\"></div>\r\n<h2 id=\"tab2\" >Why is data observability necessary?</h2>\r\n<em>Data downtime</em> — time when data is incomplete, erroneous, missing, or otherwise inaccurate — can be disastrous for organizations. From misallocated budgets to broken AI models, data quality issues can wreak havoc on organizations of all kinds.\r\n\r\nWhile data quality testing and monitoring are relatively common practices, data observability goes beyond the traditional methods of testing and monitoring. Data observability manages and improves data quality <em>at scale</em> by leveraging automated monitoring, custom rules, root cause analysis tools, and impact analysis to not only catch and resolve known data quality incidents faster but to detect and resolve unknown data quality issues as well.\r\n<div id=\"features\"></div>\r\n<h2 id=\"tab3\" >Five must-have elements of a strong data observability platform</h2>\r\nChoosing the right <a href=\"//www.montecarlodata.com/blog-data-observability-tools/\" target=\"_blank\" rel=\"noopener\">data observability tool</a> can help your company avoid a menagerie of serious and costly data quality incidents, so it’s important to know what features you should have on your shopping list. Below are five features you should look for when considering a data observability solution for your data stack.\r\n<ol>\r\n \t<li>\r\n<p class=\"first-para\"><strong>ML-powered deep and broad data monitoring — both out-of-the-box and custom monitors</strong></p>\r\n<p class=\"child-para\">A key aspect of an effective data observability platform is its use of machine learning (ML) for data monitoring. Platforms with ML enable teams to programmatically identify data quality and performance issues, such as data freshness, volume issues, and schema changes out-of-the-box. Data observability platforms also offer the ability to create custom monitors that are tailored to your specific business needs and applied to your most critical tables, providing deep monitoring where you need it and allowing you to tackle recurrent data issues that can crop up within specific data environments.</p>\r\n</li>\r\n \t<li>\r\n<p class=\"first-para\"><strong>End-to-end integrations across cloud and on-prem tooling</strong></p>\r\n<p class=\"child-para\">An effective data observability platform should work with tools both in the cloud and on-prem. This necessary integration allows for comprehensive oversight of your data platform, from ingestion and storage to transformation and consumption. This integration helps track data movement across a variety of settings, which improves the platform's ability to find and fix quality issues quickly and effectively.</p>\r\n</li>\r\n \t<li>\r\n<p class=\"first-para\"><strong>Incident triaging and resolution workflows</strong></p>\r\n<p class=\"child-para\">To reduce the impact of data problems, it's important to have effective workflows for triaging and resolving incidents. A good data observability platform simplifies the steps to detect, triage, resolve, and measure data quality issues. This usually involves automatic alerts, tools to prioritize issues by severity and impact, and robust integrations with messaging and project management tools that complement existing workflows. Efficient prioritization means data teams can concentrate on the most urgent problems, which helps decrease delays and keeps the data accurate and reliable.</p>\r\n</li>\r\n \t<li>\r\n<p class=\"first-para\"><strong>Root cause and impact analysis via field-level lineage</strong></p>\r\n<p class=\"child-para\">Identifying the underlying cause of a data quality issue is essential to preventing it in the future. An effective data observability platform will provide field-level lineage, which provides an at-a-glance view of where the data came from, how it was changed, and what dependencies or data products are impacted by it. This information allows data teams to quickly understand the root-cause of an issue upon detection, decide who’s responsible for resolving it, and determine who should be informed to minimize cost.</p>\r\n</li>\r\n \t<li>\r\n<p class=\"first-para\"><strong>Performance monitoring — query optimization and cloud cost management</strong></p>\r\n<p class=\"child-para\">A key part of a strong data observability platform is performance monitoring, which includes improving query efficiency and managing cloud costs. This function helps you find and fix inefficient data queries and processes that could raise operating costs or slow down performance. By making queries more efficient and optimizing cloud resources, organizations can make their data operations more cost-effective and deliver greater value from their data platform at a significantly lower cost.</p>\r\n</li>\r\n</ol>\r\n<h2 id=\"tab4\" >Pioneering the future of reliable data with data observability</h2>\r\nImplementing a data observability platform that includes these five elements will empower your organization to reduce data downtime, improve data reliability, deliver more value for stakeholders, and foster an environment of data trust across your organization.\r\n\r\nDownload <em><a href=\"//info.montecarlodata.com/data-observability-for-dummies-monte-carlo-edition/?utm_source=third_party&utm_medium=cs&utm_campaign=dummiesguide\" target=\"_blank\" rel=\"noopener\" data-testid=\"bookSponsorDownloadButton\">Data Observability For Dummies</a></em> to discover how data observability can help you improve your data reliability, build organizational trust, and deliver even more value from your data products.","description":"In this article you will learn:\r\n<ul>\r\n \t<li><a href=\"#what\">What is data observability?</a></li>\r\n \t<li><a href=\"#why\">Why is data observability necessary for your data platform?</a></li>\r\n \t<li><a href=\"#features\">What are the must-have features of a strong data observability platform?</a></li>\r\n</ul>\r\n<div id=\"what\"></div>\r\n<h2 id=\"tab1\" >What is data observability?</h2>\r\nData is increasingly important to today’s businesses — and ensuring the quality and reliability of that data is critical. High-quality data is the fuel for everything from building new products to driving accurate decision making. <a href=\"//www.montecarlodata.com/blog-what-is-data-observability/\" target=\"_blank\" rel=\"noopener\">Data observability</a> was created to make ensuring the quality of data easier, faster, and more scalable over the long term.\r\n\r\nData observability gives organizations a complete view of their data's health at every stage — from data pipelines to infrastructure — as well as delivering at-a-glance views of dependencies and relationships between datasets. By leveraging data observability, data teams can quickly identify and resolve data quality issues before they reach data consumers, effectively reducing costs, minimizing impact, and driving confidence in the data products it protects.\r\n<div id=\"why\"></div>\r\n<h2 id=\"tab2\" >Why is data observability necessary?</h2>\r\n<em>Data downtime</em> — time when data is incomplete, erroneous, missing, or otherwise inaccurate — can be disastrous for organizations. From misallocated budgets to broken AI models, data quality issues can wreak havoc on organizations of all kinds.\r\n\r\nWhile data quality testing and monitoring are relatively common practices, data observability goes beyond the traditional methods of testing and monitoring. Data observability manages and improves data quality <em>at scale</em> by leveraging automated monitoring, custom rules, root cause analysis tools, and impact analysis to not only catch and resolve known data quality incidents faster but to detect and resolve unknown data quality issues as well.\r\n<div id=\"features\"></div>\r\n<h2 id=\"tab3\" >Five must-have elements of a strong data observability platform</h2>\r\nChoosing the right <a href=\"//www.montecarlodata.com/blog-data-observability-tools/\" target=\"_blank\" rel=\"noopener\">data observability tool</a> can help your company avoid a menagerie of serious and costly data quality incidents, so it’s important to know what features you should have on your shopping list. Below are five features you should look for when considering a data observability solution for your data stack.\r\n<ol>\r\n \t<li>\r\n<p class=\"first-para\"><strong>ML-powered deep and broad data monitoring — both out-of-the-box and custom monitors</strong></p>\r\n<p class=\"child-para\">A key aspect of an effective data observability platform is its use of machine learning (ML) for data monitoring. Platforms with ML enable teams to programmatically identify data quality and performance issues, such as data freshness, volume issues, and schema changes out-of-the-box. Data observability platforms also offer the ability to create custom monitors that are tailored to your specific business needs and applied to your most critical tables, providing deep monitoring where you need it and allowing you to tackle recurrent data issues that can crop up within specific data environments.</p>\r\n</li>\r\n \t<li>\r\n<p class=\"first-para\"><strong>End-to-end integrations across cloud and on-prem tooling</strong></p>\r\n<p class=\"child-para\">An effective data observability platform should work with tools both in the cloud and on-prem. This necessary integration allows for comprehensive oversight of your data platform, from ingestion and storage to transformation and consumption. This integration helps track data movement across a variety of settings, which improves the platform's ability to find and fix quality issues quickly and effectively.</p>\r\n</li>\r\n \t<li>\r\n<p class=\"first-para\"><strong>Incident triaging and resolution workflows</strong></p>\r\n<p class=\"child-para\">To reduce the impact of data problems, it's important to have effective workflows for triaging and resolving incidents. A good data observability platform simplifies the steps to detect, triage, resolve, and measure data quality issues. This usually involves automatic alerts, tools to prioritize issues by severity and impact, and robust integrations with messaging and project management tools that complement existing workflows. Efficient prioritization means data teams can concentrate on the most urgent problems, which helps decrease delays and keeps the data accurate and reliable.</p>\r\n</li>\r\n \t<li>\r\n<p class=\"first-para\"><strong>Root cause and impact analysis via field-level lineage</strong></p>\r\n<p class=\"child-para\">Identifying the underlying cause of a data quality issue is essential to preventing it in the future. An effective data observability platform will provide field-level lineage, which provides an at-a-glance view of where the data came from, how it was changed, and what dependencies or data products are impacted by it. This information allows data teams to quickly understand the root-cause of an issue upon detection, decide who’s responsible for resolving it, and determine who should be informed to minimize cost.</p>\r\n</li>\r\n \t<li>\r\n<p class=\"first-para\"><strong>Performance monitoring — query optimization and cloud cost management</strong></p>\r\n<p class=\"child-para\">A key part of a strong data observability platform is performance monitoring, which includes improving query efficiency and managing cloud costs. This function helps you find and fix inefficient data queries and processes that could raise operating costs or slow down performance. By making queries more efficient and optimizing cloud resources, organizations can make their data operations more cost-effective and deliver greater value from their data platform at a significantly lower cost.</p>\r\n</li>\r\n</ol>\r\n<h2 id=\"tab4\" >Pioneering the future of reliable data with data observability</h2>\r\nImplementing a data observability platform that includes these five elements will empower your organization to reduce data downtime, improve data reliability, deliver more value for stakeholders, and foster an environment of data trust across your organization.\r\n\r\nDownload <em><a href=\"//info.montecarlodata.com/data-observability-for-dummies-monte-carlo-edition/?utm_source=third_party&utm_medium=cs&utm_campaign=dummiesguide\" target=\"_blank\" rel=\"noopener\" data-testid=\"bookSponsorDownloadButton\">Data Observability For Dummies</a></em> to discover how data observability can help you improve your data reliability, build organizational trust, and deliver even more value from your data products.","blurb":"","authors":[],"primaryCategoryTaxonomy":{"categoryId":34244,"title":"Data Management","slug":"data-management","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34244"}},"secondaryCategoryTaxonomy":{"categoryId":0,"title":null,"slug":null,"_links":null},"tertiaryCategoryTaxonomy":{"categoryId":0,"title":null,"slug":null,"_links":null},"trendingArticles":null,"inThisArticle":[{"label":"What is data observability?","target":"#tab1"},{"label":"Why is data observability necessary?","target":"#tab2"},{"label":"Five must-have elements of a strong data observability platform","target":"#tab3"},{"label":"Pioneering the future of reliable data with data observability","target":"#tab4"}],"relatedArticles":{"fromBook":[],"fromCategory":[{"articleId":296111,"title":"Components of a Data Governance Framework","slug":"components-of-a-data-governance-framework","categoryList":["business-careers-money","business","data-management"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/296111"}},{"articleId":296105,"title":"Tools Used for Data Governance","slug":"tools-used-for-data-governance","categoryList":["business-careers-money","business","data-management"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/296105"}},{"articleId":296085,"title":"What Is Data Governance?","slug":"what-is-data-governance","categoryList":["business-careers-money","business","data-management"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/296085"}},{"articleId":295904,"title":"Data Governance For Dummies Cheat Sheet","slug":"data-governance-for-dummies-cheat-sheet","categoryList":["business-careers-money","business","data-management"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/295904"}},{"articleId":223424,"title":"Data Management Considerations for Your Business Plan","slug":"data-management-considerations-business-plan","categoryList":["business-careers-money","business","data-management"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/223424"}}]},"hasRelatedBookFromSearch":false,"relatedBook":{"bookId":0,"slug":null,"isbn":null,"categoryList":null,"amazon":null,"image":null,"title":null,"testBankPinActivationLink":null,"bookOutOfPrint":false,"authorsInfo":null,"authors":null,"_links":null},"collections":[],"articleAds":{"footerAd":"<div class=\"du-ad-region row\" id=\"article_page_adhesion_ad\"><div class=\"du-ad-unit col-md-12\" data-slot-id=\"article_page_adhesion_ad\" data-refreshed=\"false\" \r\n data-target = \"[{&quot;key&quot;:&quot;cat&quot;,&quot;values&quot;:[&quot;business-careers-money&quot;,&quot;business&quot;,&quot;data-management&quot;]},{&quot;key&quot;:&quot;isbn&quot;,&quot;values&quot;:[null]},{&quot;key&quot;:&quot;sponsored&quot;,&quot;values&quot;:[&quot;customsolutions&quot;]}]\" id=\"du-slot-65b3f3687f354\"></div></div>","rightAd":"<div class=\"du-ad-region row\" id=\"article_page_right_ad\"><div class=\"du-ad-unit col-md-12\" data-slot-id=\"article_page_right_ad\" data-refreshed=\"false\" \r\n data-target = \"[{&quot;key&quot;:&quot;cat&quot;,&quot;values&quot;:[&quot;business-careers-money&quot;,&quot;business&quot;,&quot;data-management&quot;]},{&quot;key&quot;:&quot;isbn&quot;,&quot;values&quot;:[null]},{&quot;key&quot;:&quot;sponsored&quot;,&quot;values&quot;:[&quot;customsolutions&quot;]}]\" id=\"du-slot-65b3f3687fb9f\"></div></div>"},"articleType":{"articleType":"Articles","articleList":null,"content":null,"videoInfo":{"videoId":null,"name":null,"accountId":null,"playerId":null,"thumbnailUrl":null,"description":null,"uploadDate":null}},"sponsorship":{"sponsorshipPage":true,"backgroundImage":{"src":null,"width":0,"height":0},"brandingLine":"Brought to you by Monte Carlo","brandingLink":"//www.montecarlodata.com/","brandingLogo":{"src":"//coursofppt.com/wp-content/uploads/monte-carlo-logo.png","width":184,"height":60},"sponsorAd":"","sponsorEbookTitle":"Data Observability For Dummies, Monte Carlo Special Edition","sponsorEbookLink":"//info.montecarlodata.com/data-observability-for-dummies-monte-carlo-edition/?utm_source=third_party&utm_medium=cs&utm_campaign=dummiesguide","sponsorEbookImage":{"src":"//coursofppt.com/wp-content/uploads/data-observability-for-dummies-monte-carlo-special-edition-164x255.jpg","width":164,"height":255}},"primaryLearningPath":"Solve","lifeExpectancy":"One year","lifeExpectancySetFrom":"2025-01-18T00:00:00+00:00","dummiesForKids":"no","sponsoredContent":"no","adInfo":"","adPairKey":[{"adPairKey":"sponsored","adPairValue":"customsolutions"}]},"status":"publish","visibility":"public","articleId":301483},{"headers":{"creationTime":"2023-12-07T20:53:27+00:00","modifiedTime":"2025-01-26T15:31:46+00:00","timestamp":"2025-01-26T18:01:11+00:00"},"data":{"breadcrumbs":[{"name":"Business, Careers, & Money","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34224"},"slug":"business-careers-money","categoryId":34224},{"name":"Business","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34225"},"slug":"business","categoryId":34225},{"name":"Operations","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34247"},"slug":"operations","categoryId":34247}],"title":"How a Quality Management System Boosts Product Excellence and Success","strippedTitle":"how a quality management system boosts product excellence and success","slug":"how-a-quality-management-system-boosts-product-excellence-and-success","canonicalUrl":"","搜素座舱SEO调整":{"metaDescription":"Learn how an effective quality management system can help companies more easily collect, integrate, and act upon data to automate best practices and processes and boost quality.","noIndex":0,"noFollow":0},"content":"In this article you will learn:\r\n<ul>\r\n \t<li><a href=\"#system\">What is a quality management system?</a></li>\r\n \t<li><a href=\"#benefits\">What are the benefits of a good quality system?</a></li>\r\n \t<li><a href=\"#data-important\">Why is data important in quality management?</a></li>\r\n \t<li><a href=\"#challenge\">What is a challenge in implementing a quality management system?</a></li>\r\n \t<li><a href=\"#decision-making\">How does a good quality management system impact decision-making?</a></li>\r\n</ul>\r\n<div id=\"system\"></div>\r\n<h2 id=\"tab1\" >What is a quality management system?</h2>\r\nA quality management system (QMS) is a strategic discipline that requires a framework, significant financial and resource investments, and an enterprise-wide commitment.\r\n\r\nCompanies today recognize that quality isn’t just a vague attribute to claim in marketing materials or on a website. Quality is a key business driver that is essential to success.\r\n\r\n<img class=\"aligncenter size-full wp-image-295915\" src=\"//coursofppt.com/wp-content/uploads/etq-quality-control-shutterstock_150557984.jpg\" alt=\"men working in factory checking for quality\" width=\"535\" height=\"355\" />\r\n<div id=\"benefits\"></div>\r\n<h2 id=\"tab2\" >What are the benefits of a good quality system?</h2>\r\nIt helps organizations to:\r\n<ul>\r\n \t<li>Improve their processes and products</li>\r\n \t<li>Reduce costs</li>\r\n \t<li>Boost the customer experience</li>\r\n \t<li>Meet key compliance requirements</li>\r\n</ul>\r\nOrganizations are turning to digital solutions to automate quality management. A quality management system enables organizations to:\r\n<ul>\r\n \t<li>Automatically document, manage, and control the structure, processes, roles, responsibilities, and procedures required to ensure quality management</li>\r\n \t<li>Centralize quality data enterprise-wide so that organizations can analyze and act upon it</li>\r\n \t<li>Access and understand data not only within the organization, but also external data residing with suppliers and other partners</li>\r\n</ul>\r\n<div id=\"data-important\"></div>\r\n<h2 id=\"tab3\" >Why is data important in quality management?</h2>\r\nThe key to leveraging a QMS for better business outcomes is data. Even the most advanced QMS is useless without effective data. Data gathered across the connected ecosystem – from manufacturing floors to business offices – provides the insights to boost efficiency, productivity, and quality.\r\n\r\nAn effective QMS can help companies more easily collect, integrate, and act upon data to automate best practices and processes and boost quality enterprise-wide. This is crucial since, with all the different systems in use from product design to delivery, sharing data to derive insights can seem like an insurmountable task.\r\n<div id=\"challenge\"></div>\r\n<h2 id=\"tab4\" >What is a challenge in implementing a quality management system?</h2>\r\nMany organizations don’t have sufficient data or the processes in place to get insights on the products they build to make informed decisions or mitigate risk. They’re delivering what they think they should provide, or what’s required by law, but without the data-driven insights to help them reach the next level.\r\n\r\n<img class=\"aligncenter size-full wp-image-295916\" src=\"//coursofppt.com/wp-content/uploads/etq-outlines-bw-2022.jpg\" alt=\"The hidden cost of poor quality can be up to 4x the visible costs\" width=\"535\" height=\"448\" />\r\n<div id=\"decision-making\"></div>\r\n<h2 id=\"tab5\" >How does a good quality management system impact decision-making?</h2>\r\nThe next evolution of effective quality management is connected quality that arms companies with the data and automation needed to improve decision-making at every stage of the product lifecycle and empower employees to deliver the highest quality.\r\n\r\nToday’s quality management systems can enable companies to more easily and accurately automate quality processes to reach new levels of product excellence, brand reputation, and competitive leadership. And it requires an approach that involves the entire organization in order to succeed.\r\n<h2 id=\"tab6\" >References</h2>\r\n<a href=\"//coursofppt.com/article/technology/information-technology/data-science/big-data/10-steps-to-using-data-to-improve-business-decisions-140157/\">10 Steps to Using Data to Improve Business Decisions</a>\r\n\r\n<a href=\"//coursofppt.com/article/technology/computers/macs/general-macs/data-analysis-and-decision-making-147912/\">Data Analysis and Decision-Making</a>\r\n\r\n<a href=\"//coursofppt.com/article/technology/computers/macs/general-macs/tips-making-good-business-decisions-253980/\">Tips for Making Good Business Decisions</a>\r\n<h2 id=\"tab7\" >About the Book</h2>\r\nWiley has recently published <a class=\"bookSponsor-btn\" href=\"//content.etq.com/qms-dummies/p/1\" target=\"_blank\" rel=\"noopener\" data-testid=\"bookSponsorDownloadButton\"><em>Advanced Quality Management for Dummies, ETQ Special 2nd Edition</em></a>. The book provides a dynamic introduction to comprehensive quality management and helps business leaders discover the steps required to select and implement a QMS that can bring a quality culture to an organization and create more satisfied customers.\r\n\r\nDownload<strong><a class=\"bookSponsor-btn\" href=\"//content.etq.com/qms-dummies/p/1\" target=\"_blank\" rel=\"noopener\" data-testid=\"bookSponsorDownloadButton\"> ETQ’s Advanced QMS For Dummies eBook</a></strong> to discover more about the operational and business impact of a QMS, plus best practices for selecting and deploying the right QMS for your organization.","description":"In this article you will learn:\r\n<ul>\r\n \t<li><a href=\"#system\">What is a quality management system?</a></li>\r\n \t<li><a href=\"#benefits\">What are the benefits of a good quality system?</a></li>\r\n \t<li><a href=\"#data-important\">Why is data important in quality management?</a></li>\r\n \t<li><a href=\"#challenge\">What is a challenge in implementing a quality management system?</a></li>\r\n \t<li><a href=\"#decision-making\">How does a good quality management system impact decision-making?</a></li>\r\n</ul>\r\n<div id=\"system\"></div>\r\n<h2 id=\"tab1\" >What is a quality management system?</h2>\r\nA quality management system (QMS) is a strategic discipline that requires a framework, significant financial and resource investments, and an enterprise-wide commitment.\r\n\r\nCompanies today recognize that quality isn’t just a vague attribute to claim in marketing materials or on a website. Quality is a key business driver that is essential to success.\r\n\r\n<img class=\"aligncenter size-full wp-image-295915\" src=\"//coursofppt.com/wp-content/uploads/etq-quality-control-shutterstock_150557984.jpg\" alt=\"men working in factory checking for quality\" width=\"535\" height=\"355\" />\r\n<div id=\"benefits\"></div>\r\n<h2 id=\"tab2\" >What are the benefits of a good quality system?</h2>\r\nIt helps organizations to:\r\n<ul>\r\n \t<li>Improve their processes and products</li>\r\n \t<li>Reduce costs</li>\r\n \t<li>Boost the customer experience</li>\r\n \t<li>Meet key compliance requirements</li>\r\n</ul>\r\nOrganizations are turning to digital solutions to automate quality management. A quality management system enables organizations to:\r\n<ul>\r\n \t<li>Automatically document, manage, and control the structure, processes, roles, responsibilities, and procedures required to ensure quality management</li>\r\n \t<li>Centralize quality data enterprise-wide so that organizations can analyze and act upon it</li>\r\n \t<li>Access and understand data not only within the organization, but also external data residing with suppliers and other partners</li>\r\n</ul>\r\n<div id=\"data-important\"></div>\r\n<h2 id=\"tab3\" >Why is data important in quality management?</h2>\r\nThe key to leveraging a QMS for better business outcomes is data. Even the most advanced QMS is useless without effective data. Data gathered across the connected ecosystem – from manufacturing floors to business offices – provides the insights to boost efficiency, productivity, and quality.\r\n\r\nAn effective QMS can help companies more easily collect, integrate, and act upon data to automate best practices and processes and boost quality enterprise-wide. This is crucial since, with all the different systems in use from product design to delivery, sharing data to derive insights can seem like an insurmountable task.\r\n<div id=\"challenge\"></div>\r\n<h2 id=\"tab4\" >What is a challenge in implementing a quality management system?</h2>\r\nMany organizations don’t have sufficient data or the processes in place to get insights on the products they build to make informed decisions or mitigate risk. They’re delivering what they think they should provide, or what’s required by law, but without the data-driven insights to help them reach the next level.\r\n\r\n<img class=\"aligncenter size-full wp-image-295916\" src=\"//coursofppt.com/wp-content/uploads/etq-outlines-bw-2022.jpg\" alt=\"The hidden cost of poor quality can be up to 4x the visible costs\" width=\"535\" height=\"448\" />\r\n<div id=\"decision-making\"></div>\r\n<h2 id=\"tab5\" >How does a good quality management system impact decision-making?</h2>\r\nThe next evolution of effective quality management is connected quality that arms companies with the data and automation needed to improve decision-making at every stage of the product lifecycle and empower employees to deliver the highest quality.\r\n\r\nToday’s quality management systems can enable companies to more easily and accurately automate quality processes to reach new levels of product excellence, brand reputation, and competitive leadership. And it requires an approach that involves the entire organization in order to succeed.\r\n<h2 id=\"tab6\" >References</h2>\r\n<a href=\"//coursofppt.com/article/technology/information-technology/data-science/big-data/10-steps-to-using-data-to-improve-business-decisions-140157/\">10 Steps to Using Data to Improve Business Decisions</a>\r\n\r\n<a href=\"//coursofppt.com/article/technology/computers/macs/general-macs/data-analysis-and-decision-making-147912/\">Data Analysis and Decision-Making</a>\r\n\r\n<a href=\"//coursofppt.com/article/technology/computers/macs/general-macs/tips-making-good-business-decisions-253980/\">Tips for Making Good Business Decisions</a>\r\n<h2 id=\"tab7\" >About the Book</h2>\r\nWiley has recently published <a class=\"bookSponsor-btn\" href=\"//content.etq.com/qms-dummies/p/1\" target=\"_blank\" rel=\"noopener\" data-testid=\"bookSponsorDownloadButton\"><em>Advanced Quality Management for Dummies, ETQ Special 2nd Edition</em></a>. The book provides a dynamic introduction to comprehensive quality management and helps business leaders discover the steps required to select and implement a QMS that can bring a quality culture to an organization and create more satisfied customers.\r\n\r\nDownload<strong><a class=\"bookSponsor-btn\" href=\"//content.etq.com/qms-dummies/p/1\" target=\"_blank\" rel=\"noopener\" data-testid=\"bookSponsorDownloadButton\"> ETQ’s Advanced QMS For Dummies eBook</a></strong> to discover more about the operational and business impact of a QMS, plus best practices for selecting and deploying the right QMS for your organization.","blurb":"","authors":[{"authorId":35216,"name":"David Isaacson","slug":"david-isaacson","description":"David Isaacson is the Vice President of Product Marketing at ETQ, where he develops market strategies and product positioning for the company’s cloud-based quality management solutions.","hasArticle":false,"_links":{"self":"//dummies-api.coursofppt.com/v2/authors/35216"}}],"primaryCategoryTaxonomy":{"categoryId":34247,"title":"Operations","slug":"operations","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34247"}},"secondaryCategoryTaxonomy":{"categoryId":34225,"title":"Business","slug":"business","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34225"}},"tertiaryCategoryTaxonomy":{"categoryId":34247,"title":"Operations","slug":"operations","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34247"}},"trendingArticles":null,"inThisArticle":[{"label":"What is a quality management system?","target":"#tab1"},{"label":"What are the benefits of a good quality system?","target":"#tab2"},{"label":"Why is data important in quality management?","target":"#tab3"},{"label":"What is a challenge in implementing a quality management system?","target":"#tab4"},{"label":"How does a good quality management system impact decision-making?","target":"#tab5"},{"label":"References","target":"#tab6"},{"label":"About the Book","target":"#tab7"}],"relatedArticles":{"fromBook":[],"fromCategory":[{"articleId":292019,"title":"Supplier Diversity For Dummies Cheat Sheet","slug":"supplier-diversity-for-dummies-cheat-sheet","categoryList":["business-careers-money","business","operations"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/292019"}},{"articleId":277402,"title":"Supply Chain Career Categories","slug":"supply-chain-career-categories","categoryList":["business-careers-money","business","operations"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/277402"}},{"articleId":277394,"title":"Supply Chain Analytics: Correlation, Causation, and Interpolation","slug":"supply-chain-analytics-correlation-causation-and-interpolation","categoryList":["business-careers-money","business","operations"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/277394"}},{"articleId":277388,"title":"Supply Chain Management: Planning and Scheduling Production","slug":"supply-chain-management-planning-and-scheduling-production","categoryList":["business-careers-money","business","operations"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/277388"}},{"articleId":277383,"title":"How Supply Chain Processes Evolve","slug":"how-supply-chain-processes-evolve","categoryList":["business-careers-money","business","operations"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/277383"}}]},"hasRelatedBookFromSearch":false,"relatedBook":{"bookId":0,"slug":null,"isbn":null,"categoryList":null,"amazon":null,"image":null,"title":null,"testBankPinActivationLink":null,"bookOutOfPrint":false,"authorsInfo":null,"authors":null,"_links":null},"collections":[],"articleAds":{"footerAd":"<div class=\"du-ad-region row\" id=\"article_page_adhesion_ad\"><div class=\"du-ad-unit col-md-12\" data-slot-id=\"article_page_adhesion_ad\" data-refreshed=\"false\" \r\n data-target = \"[{&quot;key&quot;:&quot;cat&quot;,&quot;values&quot;:[&quot;business-careers-money&quot;,&quot;business&quot;,&quot;operations&quot;]},{&quot;key&quot;:&quot;isbn&quot;,&quot;values&quot;:[null]},{&quot;key&quot;:&quot;sponsored&quot;,&quot;values&quot;:[&quot;etq_advanced_quality_management&quot;]}]\" id=\"du-slot-65b3f36834793\"></div></div>","rightAd":"<div class=\"du-ad-region row\" id=\"article_page_right_ad\"><div class=\"du-ad-unit col-md-12\" data-slot-id=\"article_page_right_ad\" data-refreshed=\"false\" \r\n data-target = \"[{&quot;key&quot;:&quot;cat&quot;,&quot;values&quot;:[&quot;business-careers-money&quot;,&quot;business&quot;,&quot;operations&quot;]},{&quot;key&quot;:&quot;isbn&quot;,&quot;values&quot;:[null]},{&quot;key&quot;:&quot;sponsored&quot;,&quot;values&quot;:[&quot;etq_advanced_quality_management&quot;]}]\" id=\"du-slot-65b3f36835c57\"></div></div>"},"articleType":{"articleType":"Articles","articleList":null,"content":null,"videoInfo":{"videoId":null,"name":null,"accountId":null,"playerId":null,"thumbnailUrl":null,"description":null,"uploadDate":null}},"sponsorship":{"sponsorshipPage":true,"backgroundImage":{"src":null,"width":0,"height":0},"brandingLine":"Brought to you by ETQ","brandingLink":"//www.etq.com/","brandingLogo":{"src":"//coursofppt.com/wp-content/uploads/etq-logo-125x100-1.png","width":125,"height":100},"sponsorAd":"","sponsorEbookTitle":"Advanced Quality Management for Dummies, ETQ Special 2nd Edition","sponsorEbookLink":"//content.etq.com/qms-dummies/p/1","sponsorEbookImage":{"src":"//coursofppt.com/wp-content/uploads/advanced-qms-for-dummies-cover-9781394176274.jpg","width":113,"height":175}},"primaryLearningPath":"Advance","lifeExpectancy":"One year","lifeExpectancySetFrom":"2023-12-06T00:00:00+00:00","dummiesForKids":"no","sponsoredContent":"yes","adInfo":"","adPairKey":[{"adPairKey":"sponsored","adPairValue":"etq_advanced_quality_management"}]},"status":"publish","visibility":"public","articleId":295914},{"headers":{"creationTime":"2017-03-26T22:43:36+00:00","modifiedTime":"2025-01-24T15:29:03+00:00","timestamp":"2025-01-24T18:01:11+00:00"},"data":{"breadcrumbs":[{"name":"Business, Careers, & Money","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34224"},"slug":"business-careers-money","categoryId":34224},{"name":"Careers","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34256"},"slug":"careers","categoryId":34256},{"name":"Fitness Careers","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34260"},"slug":"fitness-careers","categoryId":34260}],"title":"Important Tools for Personal Trainers","strippedTitle":"important tools for personal trainers","slug":"checking-out-some-important-personal-trainer-equipment","canonicalUrl":"","搜素座舱SEO调整":{"metaDescription":"Equip yourself with the right mindset and tools to succeed as a personal trainer. Be honest, determined, and willing to adapt for optimal results.","noIndex":0,"noFollow":0},"content":"You wear many hats in your role as a personal trainer. You're a salesperson, scientist, friend, coach, motivator, teacher, employer, bookkeeper, and business owner, to name just a few. To be successful wearing any of these hats, you need to be equipped properly — and that means you need to have the right tools to use at the right time.\r\n<h2 id=\"tab1\" >Your mindset</h2>\r\nThe equipment available to help you be a successful trainer is limitless: cellphones, computers, software programs, weight-training equipment, cardiovascular equipment. . . . The list goes on.\r\n\r\nNo matter what types of toys you have (or how expensive or cutting edge they are), it won't matter if you don't have the most important one: the right mindset.\r\n\r\nImportant factors for having the right mindset are:\r\n<ul>\r\n \t<li><b>Honesty:</b> You need to be honest with yourself about what you realistically can and cannot do; this flows through to your clientele as well.</li>\r\n</ul>\r\n<ul>\r\n \t<li><b>Determination:</b> Not every day is easy; you won't always have a full book, and sometimes those slow days end up being weeks. Pushing ahead and staying on track when the going gets tough takes determination and focus.</li>\r\n</ul>\r\n<ul>\r\n \t<li><b>Willingness: </b>You need to be willing to change if your original course of action isn't producing the results that you want. You also need to be willing to keep an open mind when your client is complaining that she's not happy with your services. Willingness is more about what you should do as opposed to what you want to do — after all, sometimes you'll have to do things that you don't <i>want</i> to do.</li>\r\n</ul>\r\n<h2 id=\"tab2\" >Your certification</h2>\r\nCertification is your badge of honor — it tells everyone who works with you, from employers to clients, that not only do you <i>say</i> you know what you're doing, but you can also prove it.\r\n\r\nCertification assures your client that you're a true fitness professional; you've undergone stringent studies and testing protocols to figure out what to do and what not to do as a personal training professional. It ensures your client that you know what they don't — which is how to help her reach her fitness goals, safely and efficiently.\r\n\r\nBeing certified also gives you the credibility you need for other professionals and clients to take you seriously. Certification helps you to build a solid rapport with the people you will be doing business with, such as:\r\n<ul>\r\n \t<li>Employers</li>\r\n</ul>\r\n<ul>\r\n \t<li>Clients</li>\r\n</ul>\r\n<ul>\r\n \t<li>Mentors</li>\r\n</ul>\r\n<ul>\r\n \t<li>Media contacts</li>\r\n</ul>\r\n<ul>\r\n \t<li>Doctors with whom you have a referral relationship</li>\r\n</ul>\r\n<h2 id=\"tab3\" >Your business card</h2>\r\nHere are some tips for making a long-lasting impression with your business card:\r\n<ul>\r\n \t<li>In the case of a chance meeting, when someone asks you, \"What is it that you do?\" have a brief summary (called an <i>elevator pitch</i>) prepared that makes you memorable as you hand her your business card. For example, you can say, \"I help people look great naked\" or \"I build muscles.\"</li>\r\n</ul>\r\n<ul>\r\n \t<li>Make sure the information on your card is correct and up to date. If your area has just recently implemented ten-digit dialing, if your area code has changed, or if you've just gotten an e-mail address, make sure you invest in a new set of business cards to reflect your new contact information.</li>\r\n</ul>\r\n<p class=\"Remember\">The impression you leave with a potential client is the one that will bring her back to you for business. Make sure that your business card reflects everything you want your potential client to remember about you — professionalism, integrity, quality, and trustworthiness.</p>\r\n\r\n<h2 id=\"tab4\" >Tape measure</h2>\r\nThe tape measure can be used for many different things. You can record your client's <i>anthropometric measurements</i> (body circumference) with it to show change and make sure she's on track to achieving her personal goals. You can also measure degrees of flexibility as well as how far your client can reach past her toes in the sit-and-reach flexibility test. Other uses for the tape measure are:\r\n<ul>\r\n \t<li>Measuring vertical jump height</li>\r\n</ul>\r\n<ul>\r\n \t<li>Measuring <i>plyometric</i> (explosive) movement distances</li>\r\n</ul>\r\n<ul>\r\n \t<li>Measuring length of stride</li>\r\n</ul>\r\n<ul>\r\n \t<li>Measuring stance distances</li>\r\n</ul>\r\n<h2 id=\"tab5\" >Body-weight scale</h2>\r\nGoing hand in hand with recording baseline <i>biometrics</i> (body measurements), a scale is useful and important in determining gross bodyweight. After you've recorded your client's gross body weight, you can assess body-fat percentage, BMI, and one-rep-max percentages to determine how heavy your client needs to be to train for her workouts.\r\n<h2 id=\"tab6\" >Heart-rate monitor</h2>\r\nHaving a heart-rate monitor for your client to use while you train her has multiple benefits:\r\n<ul>\r\n \t<li>It allows you to see where her heart rate is without stopping her exercise.</li>\r\n</ul>\r\n<ul>\r\n \t<li>A heart-rate monitor is a lot more accurate than the palpation method.</li>\r\n</ul>\r\n<ul>\r\n \t<li>Your client will get instant feedback from it — it is an invaluable tool when it comes to teaching clients about perceived rate of exertion and working intensity.</li>\r\n</ul>\r\n<ul>\r\n \t<li>You can use it to teach your client stress management, breathing, and biofeedback techniques.</li>\r\n</ul>\r\n<h2 id=\"tab7\" >Jump rope</h2>\r\nA jump rope is a light, inexpensive, very portable, and excellent tool for challenging your client's cardiovascular system. Anyone at any fitness level can use it — and as exercises go, your client will burn more calories per minute jumping rope than doing any other activity!\r\n\r\nSkipping rope is a challenging workout that burns about 360 calories per half-hour (by comparison, moderate running or jogging burns about 330 calories per half-hour).\r\n\r\nExperts suggest rubber, leather, or <i>beaded ropes</i> (ropes with small plastic tubes on a cord). The grip should be foam-based to absorb sweat and give your client a firm grasp.\r\n\r\nThe client should be able to stand on the rope and hold the handles slightly above waist height. Jump ropes generally come in 6- and 9-foot lengths, and many have detachable handles so you can trim the rope yourself.","description":"You wear many hats in your role as a personal trainer. You're a salesperson, scientist, friend, coach, motivator, teacher, employer, bookkeeper, and business owner, to name just a few. To be successful wearing any of these hats, you need to be equipped properly — and that means you need to have the right tools to use at the right time.\r\n<h2 id=\"tab1\" >Your mindset</h2>\r\nThe equipment available to help you be a successful trainer is limitless: cellphones, computers, software programs, weight-training equipment, cardiovascular equipment. . . . The list goes on.\r\n\r\nNo matter what types of toys you have (or how expensive or cutting edge they are), it won't matter if you don't have the most important one: the right mindset.\r\n\r\nImportant factors for having the right mindset are:\r\n<ul>\r\n \t<li><b>Honesty:</b> You need to be honest with yourself about what you realistically can and cannot do; this flows through to your clientele as well.</li>\r\n</ul>\r\n<ul>\r\n \t<li><b>Determination:</b> Not every day is easy; you won't always have a full book, and sometimes those slow days end up being weeks. Pushing ahead and staying on track when the going gets tough takes determination and focus.</li>\r\n</ul>\r\n<ul>\r\n \t<li><b>Willingness: </b>You need to be willing to change if your original course of action isn't producing the results that you want. You also need to be willing to keep an open mind when your client is complaining that she's not happy with your services. Willingness is more about what you should do as opposed to what you want to do — after all, sometimes you'll have to do things that you don't <i>want</i> to do.</li>\r\n</ul>\r\n<h2 id=\"tab2\" >Your certification</h2>\r\nCertification is your badge of honor — it tells everyone who works with you, from employers to clients, that not only do you <i>say</i> you know what you're doing, but you can also prove it.\r\n\r\nCertification assures your client that you're a true fitness professional; you've undergone stringent studies and testing protocols to figure out what to do and what not to do as a personal training professional. It ensures your client that you know what they don't — which is how to help her reach her fitness goals, safely and efficiently.\r\n\r\nBeing certified also gives you the credibility you need for other professionals and clients to take you seriously. Certification helps you to build a solid rapport with the people you will be doing business with, such as:\r\n<ul>\r\n \t<li>Employers</li>\r\n</ul>\r\n<ul>\r\n \t<li>Clients</li>\r\n</ul>\r\n<ul>\r\n \t<li>Mentors</li>\r\n</ul>\r\n<ul>\r\n \t<li>Media contacts</li>\r\n</ul>\r\n<ul>\r\n \t<li>Doctors with whom you have a referral relationship</li>\r\n</ul>\r\n<h2 id=\"tab3\" >Your business card</h2>\r\nHere are some tips for making a long-lasting impression with your business card:\r\n<ul>\r\n \t<li>In the case of a chance meeting, when someone asks you, \"What is it that you do?\" have a brief summary (called an <i>elevator pitch</i>) prepared that makes you memorable as you hand her your business card. For example, you can say, \"I help people look great naked\" or \"I build muscles.\"</li>\r\n</ul>\r\n<ul>\r\n \t<li>Make sure the information on your card is correct and up to date. If your area has just recently implemented ten-digit dialing, if your area code has changed, or if you've just gotten an e-mail address, make sure you invest in a new set of business cards to reflect your new contact information.</li>\r\n</ul>\r\n<p class=\"Remember\">The impression you leave with a potential client is the one that will bring her back to you for business. Make sure that your business card reflects everything you want your potential client to remember about you — professionalism, integrity, quality, and trustworthiness.</p>\r\n\r\n<h2 id=\"tab4\" >Tape measure</h2>\r\nThe tape measure can be used for many different things. You can record your client's <i>anthropometric measurements</i> (body circumference) with it to show change and make sure she's on track to achieving her personal goals. You can also measure degrees of flexibility as well as how far your client can reach past her toes in the sit-and-reach flexibility test. Other uses for the tape measure are:\r\n<ul>\r\n \t<li>Measuring vertical jump height</li>\r\n</ul>\r\n<ul>\r\n \t<li>Measuring <i>plyometric</i> (explosive) movement distances</li>\r\n</ul>\r\n<ul>\r\n \t<li>Measuring length of stride</li>\r\n</ul>\r\n<ul>\r\n \t<li>Measuring stance distances</li>\r\n</ul>\r\n<h2 id=\"tab5\" >Body-weight scale</h2>\r\nGoing hand in hand with recording baseline <i>biometrics</i> (body measurements), a scale is useful and important in determining gross bodyweight. After you've recorded your client's gross body weight, you can assess body-fat percentage, BMI, and one-rep-max percentages to determine how heavy your client needs to be to train for her workouts.\r\n<h2 id=\"tab6\" >Heart-rate monitor</h2>\r\nHaving a heart-rate monitor for your client to use while you train her has multiple benefits:\r\n<ul>\r\n \t<li>It allows you to see where her heart rate is without stopping her exercise.</li>\r\n</ul>\r\n<ul>\r\n \t<li>A heart-rate monitor is a lot more accurate than the palpation method.</li>\r\n</ul>\r\n<ul>\r\n \t<li>Your client will get instant feedback from it — it is an invaluable tool when it comes to teaching clients about perceived rate of exertion and working intensity.</li>\r\n</ul>\r\n<ul>\r\n \t<li>You can use it to teach your client stress management, breathing, and biofeedback techniques.</li>\r\n</ul>\r\n<h2 id=\"tab7\" >Jump rope</h2>\r\nA jump rope is a light, inexpensive, very portable, and excellent tool for challenging your client's cardiovascular system. Anyone at any fitness level can use it — and as exercises go, your client will burn more calories per minute jumping rope than doing any other activity!\r\n\r\nSkipping rope is a challenging workout that burns about 360 calories per half-hour (by comparison, moderate running or jogging burns about 330 calories per half-hour).\r\n\r\nExperts suggest rubber, leather, or <i>beaded ropes</i> (ropes with small plastic tubes on a cord). The grip should be foam-based to absorb sweat and give your client a firm grasp.\r\n\r\nThe client should be able to stand on the rope and hold the handles slightly above waist height. Jump ropes generally come in 6- and 9-foot lengths, and many have detachable handles so you can trim the rope yourself.","blurb":"","authors":[{"authorId":10580,"name":"Melyssa St. Michael","slug":"melyssa-st-michael","description":" <p><b>Melyssa St. Michael</b> is a renowned fitness expert who appears on national news channels and has been interviewed for major publications.</p> <p><b>Linda Formichelli</b> writes for <i>Men&#8217;s Fitness, Muscle Media,</i> and other magazines. ","hasArticle":false,"_links":{"self":"//dummies-api.coursofppt.com/v2/authors/10580"}},{"authorId":10581,"name":"Linda Formichelli","slug":"linda-formichelli","description":" <p><b>Melyssa St. Michael</b> is a renowned fitness expert who appears on national news channels and has been interviewed for major publications.</p> <p><b>Linda Formichelli</b> writes for <i>Men&#8217;s Fitness, Muscle Media,</i> and other magazines. ","hasArticle":false,"_links":{"self":"//dummies-api.coursofppt.com/v2/authors/10581"}}],"primaryCategoryTaxonomy":{"categoryId":34260,"title":"Fitness Careers","slug":"fitness-careers","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34260"}},"secondaryCategoryTaxonomy":{"categoryId":0,"title":null,"slug":null,"_links":null},"tertiaryCategoryTaxonomy":{"categoryId":0,"title":null,"slug":null,"_links":null},"trendingArticles":null,"inThisArticle":[{"label":"Your mindset","target":"#tab1"},{"label":"Your certification","target":"#tab2"},{"label":"Your business card","target":"#tab3"},{"label":"Tape measure","target":"#tab4"},{"label":"Body-weight scale","target":"#tab5"},{"label":"Heart-rate monitor","target":"#tab6"},{"label":"Jump rope","target":"#tab7"}],"relatedArticles":{"fromBook":[{"articleId":209444,"title":"Becoming a Personal Trainer For Dummies Cheat 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Michael","slug":"melyssa-st-michael","description":" <p><b>Melyssa St. Michael</b> is a renowned fitness expert who appears on national news channels and has been interviewed for major publications.</p> <p><b>Linda Formichelli</b> writes for <i>Men&#8217;s Fitness, Muscle Media,</i> and other magazines. ","hasArticle":false,"_links":{"self":"//dummies-api.coursofppt.com/v2/authors/10580"}},{"authorId":10581,"name":"Linda Formichelli","slug":"linda-formichelli","description":" <p><b>Melyssa St. Michael</b> is a renowned fitness expert who appears on national news channels and has been interviewed for major publications.</p> <p><b>Linda Formichelli</b> writes for <i>Men&#8217;s Fitness, Muscle Media,</i> and other magazines. ","hasArticle":false,"_links":{"self":"//dummies-api.coursofppt.com/v2/authors/10581"}},{"authorId":35183,"name":"Shannon Austin","slug":"shannon-austin","description":" <p><b>Melyssa St. Michael</b> is a renowned fitness expert who appears on national news channels and has been interviewed for major publications.</p> <p><b>Linda Formichelli</b> writes for <i>Men&#8217;s Fitness, Muscle Media,</i> and other magazines. 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Agility in project management encompasses three key areas: Making sure the ","noIndex":0,"noFollow":0},"content":"Agile principles are designed specifically to increase the success of your projects. Agility in project management encompasses three key areas:\r\n<ul>\r\n \t<li>Making sure the development team can be productive and can sustainably increase productivity over long periods of time</li>\r\n \t<li>Ensuring that information about the project’s progress is available to stakeholders without interrupting the flow of development activities by asking the development team for updates</li>\r\n \t<li>Handling requests for new features as they occur and integrating them into the product development cycle</li>\r\n</ul>\r\nAn agile approach focuses on planning and executing the work to produce the best product that can be released. The approach is supported by communicating openly, avoiding distractions and wasteful activities, and ensuring that the progress of the project is clear to everyone.\r\n\r\nAll 12 principles support project management, but principles 2, 8, and 10 stand out:\r\n<p style=\"padding-left: 30px;\"><strong>(2)</strong> Welcome changing requirements, even late in development. Agile processes harness change for the customer’s competitive advantage.</p>\r\n<p style=\"padding-left: 30px;\"><strong>(8)</strong> Agile processes promote sustainable development. The sponsors, developers, and users should be able to maintain a constant pace indefinitely.</p>\r\n<p style=\"padding-left: 30px;\"><strong>(10)</strong> Simplicity — the art of maximizing the amount of work not done — is essential.</p>\r\nFollowing are some advantages of adopting agile project management:\r\n<ul>\r\n \t<li>Agile project teams achieve faster time-to-market, and consequentially cost savings. They start development earlier than in traditional approaches because agile approaches minimize the exhaustive upfront planning and documentation that is conventionally part of the early stages of a waterfall project.</li>\r\n \t<li>Agile development teams are self-organizing and self-managing. The managerial effort normally put into telling developers how to do their work can be applied to removing impediments and organizational distractions that slow down the development team.</li>\r\n \t<li>Agile development teams determine how much work they can accomplish in an iteration and commit to achieving those goals. Ownership is fundamentally different because the development team is establishing the commitment, not complying with an externally developed commitment.</li>\r\n \t<li>An agile approach asks, “What is the minimum we can do to achieve the goal?” instead of focusing on including all the features and extra refinements that could possibly be needed. An agile approach usually means streamlining: barely sufficient documentation, removal of unnecessary meetings, avoidance of inefficient communication (such as email), and less coding (just enough to make it work).\r\n<p class=\"article-tips warning\">Creating complicated documents that aren’t useful for product development is a waste of effort. It’s okay to document a decision, but you don’t need multiple pages on the history and nuances of how the decision was made. Keep the documentation barely sufficient, and you will have more time to focus on supporting the development team.</p>\r\n</li>\r\n \t<li>By encapsulating development into short sprints that last one to four weeks or less, you can adhere to the goals of the current iteration while accommodating change in subsequent iterations. The length of each sprint remains the same throughout the project to provide a predictable rhythm of development for the team long-term.</li>\r\n \t<li>Planning, elaborating on requirements, developing, testing, and demonstrating functionality occur within an iteration, lowering the risk of heading in the wrong direction for extended periods of time or developing something that the customer doesn’t want.</li>\r\n \t<li>Agile practices encourage a steady pace of development that is productive and healthy. For example, in the popular agile development set of practices called extreme programming (XP), the maximum workweek is 40 hours, and the preferred workweek is 35 hours. Agile projects are sustainable and more productive, especially long term.\r\n<p class=\"article-tips warning\">Traditional approaches routinely feature a death march, in which the project team puts in extremely long hours for days and even weeks at the end of a project to meet a previously unidentified and unrealistic deadline. As the death march goes on, productivity tends to drop dramatically. More defects are introduced, and because defects need to be corrected in a way that doesn’t break a different piece of functionality, correcting defects is the most expensive work that can be performed. Defects are often the result of overloading a system — specifically demanding an unsustainable pace of work.</p>\r\n</li>\r\n</ul>\r\n<ul>\r\n \t<li>Priorities, experience on the existing project, and, eventually, the speed at which development will likely occur within each sprint are clear, making for good decisions about how much can or should be accomplished in a given amount of time.</li>\r\n</ul>\r\nIf you’ve worked on a project before, you might have a basic understanding of project management activities. In this table, you find a few traditional project management tasks, along with how you would meet those needs with agile approaches. Use the table to capture your thoughts about your experiences and how agile approaches looks different from traditional project management.\r\n<h2 id=\"tab1\" >Contrasting Historical Project Management with Agile Project Management</h2>\r\n<table>\r\n<thead>\r\n<tr>\r\n<td><strong>Traditional Project Management Tasks</strong></td>\r\n<td><strong>Agile Approach to the Project Management Task</strong></td>\r\n</tr>\r\n</thead>\r\n<tbody>\r\n<tr>\r\n<td>Create a fully detailed project requirement document at the beginning of the project. Try to control requirement changes throughout the project.</td>\r\n<td>Create a product backlog — a simple list of requirements by priority. Quickly update the product backlog as requirements and priorities change throughout the project.</td>\r\n</tr>\r\n<tr>\r\n<td>Conduct weekly status meetings with all project stakeholders and developers. Send out detailed meeting notes and status reports after each meeting.</td>\r\n<td>The development team meets quickly, for no longer than 15 minutes, at the start of each day to coordinate and synchronize that day’s work and any roadblocks. They can update the centrally visible burndown chart in under a minute at the end of each day.</td>\r\n</tr>\r\n<tr>\r\n<td>Create a detailed project schedule with all tasks at the beginning of the project. Try to keep the project tasks on schedule. Update the schedule on a regular basis.</td>\r\n<td>Work within sprints and identify only specific tasks for the active sprint.</td>\r\n</tr>\r\n<tr>\r\n<td>Assign tasks to the development team.</td>\r\n<td>Support the development team by helping remove impediments and distractions. On agile projects, development teams define and pull (as opposed to push) their own tasks.</td>\r\n</tr>\r\n</tbody>\r\n</table>\r\n<p class=\"article-tips tip\">Project management is facilitated by the following agile approaches:</p>\r\n\r\n<ul>\r\n \t<li>Supporting the development team</li>\r\n \t<li>Producing barely sufficient documents</li>\r\n \t<li>Streamlining status reporting so that information is pushed out by the development team in seconds rather than pulled out by a project manager over a longer period of time</li>\r\n \t<li>Minimizing nondevelopment tasks</li>\r\n \t<li>Setting expectations that change is normal and beneficial, not something to be feared or evaded</li>\r\n \t<li>Adopting a just-in-time requirements refinement to minimize change disruption and wasted effort</li>\r\n \t<li>Collaborating with the development team to create realistic schedules, targets, and goals</li>\r\n \t<li>Protecting the development team from organizational disruptions that could undermine project goals by introducing work not relevant to the project objectives</li>\r\n \t<li>Understanding that an appropriate balance between work and life is a component of efficient development</li>\r\n</ul>","description":"Agile principles are designed specifically to increase the success of your projects. Agility in project management encompasses three key areas:\r\n<ul>\r\n \t<li>Making sure the development team can be productive and can sustainably increase productivity over long periods of time</li>\r\n \t<li>Ensuring that information about the project’s progress is available to stakeholders without interrupting the flow of development activities by asking the development team for updates</li>\r\n \t<li>Handling requests for new features as they occur and integrating them into the product development cycle</li>\r\n</ul>\r\nAn agile approach focuses on planning and executing the work to produce the best product that can be released. The approach is supported by communicating openly, avoiding distractions and wasteful activities, and ensuring that the progress of the project is clear to everyone.\r\n\r\nAll 12 principles support project management, but principles 2, 8, and 10 stand out:\r\n<p style=\"padding-left: 30px;\"><strong>(2)</strong> Welcome changing requirements, even late in development. Agile processes harness change for the customer’s competitive advantage.</p>\r\n<p style=\"padding-left: 30px;\"><strong>(8)</strong> Agile processes promote sustainable development. The sponsors, developers, and users should be able to maintain a constant pace indefinitely.</p>\r\n<p style=\"padding-left: 30px;\"><strong>(10)</strong> Simplicity — the art of maximizing the amount of work not done — is essential.</p>\r\nFollowing are some advantages of adopting agile project management:\r\n<ul>\r\n \t<li>Agile project teams achieve faster time-to-market, and consequentially cost savings. They start development earlier than in traditional approaches because agile approaches minimize the exhaustive upfront planning and documentation that is conventionally part of the early stages of a waterfall project.</li>\r\n \t<li>Agile development teams are self-organizing and self-managing. The managerial effort normally put into telling developers how to do their work can be applied to removing impediments and organizational distractions that slow down the development team.</li>\r\n \t<li>Agile development teams determine how much work they can accomplish in an iteration and commit to achieving those goals. Ownership is fundamentally different because the development team is establishing the commitment, not complying with an externally developed commitment.</li>\r\n \t<li>An agile approach asks, “What is the minimum we can do to achieve the goal?” instead of focusing on including all the features and extra refinements that could possibly be needed. An agile approach usually means streamlining: barely sufficient documentation, removal of unnecessary meetings, avoidance of inefficient communication (such as email), and less coding (just enough to make it work).\r\n<p class=\"article-tips warning\">Creating complicated documents that aren’t useful for product development is a waste of effort. It’s okay to document a decision, but you don’t need multiple pages on the history and nuances of how the decision was made. Keep the documentation barely sufficient, and you will have more time to focus on supporting the development team.</p>\r\n</li>\r\n \t<li>By encapsulating development into short sprints that last one to four weeks or less, you can adhere to the goals of the current iteration while accommodating change in subsequent iterations. The length of each sprint remains the same throughout the project to provide a predictable rhythm of development for the team long-term.</li>\r\n \t<li>Planning, elaborating on requirements, developing, testing, and demonstrating functionality occur within an iteration, lowering the risk of heading in the wrong direction for extended periods of time or developing something that the customer doesn’t want.</li>\r\n \t<li>Agile practices encourage a steady pace of development that is productive and healthy. For example, in the popular agile development set of practices called extreme programming (XP), the maximum workweek is 40 hours, and the preferred workweek is 35 hours. Agile projects are sustainable and more productive, especially long term.\r\n<p class=\"article-tips warning\">Traditional approaches routinely feature a death march, in which the project team puts in extremely long hours for days and even weeks at the end of a project to meet a previously unidentified and unrealistic deadline. As the death march goes on, productivity tends to drop dramatically. More defects are introduced, and because defects need to be corrected in a way that doesn’t break a different piece of functionality, correcting defects is the most expensive work that can be performed. Defects are often the result of overloading a system — specifically demanding an unsustainable pace of work.</p>\r\n</li>\r\n</ul>\r\n<ul>\r\n \t<li>Priorities, experience on the existing project, and, eventually, the speed at which development will likely occur within each sprint are clear, making for good decisions about how much can or should be accomplished in a given amount of time.</li>\r\n</ul>\r\nIf you’ve worked on a project before, you might have a basic understanding of project management activities. In this table, you find a few traditional project management tasks, along with how you would meet those needs with agile approaches. Use the table to capture your thoughts about your experiences and how agile approaches looks different from traditional project management.\r\n<h2 id=\"tab1\" >Contrasting Historical Project Management with Agile Project Management</h2>\r\n<table>\r\n<thead>\r\n<tr>\r\n<td><strong>Traditional Project Management Tasks</strong></td>\r\n<td><strong>Agile Approach to the Project Management Task</strong></td>\r\n</tr>\r\n</thead>\r\n<tbody>\r\n<tr>\r\n<td>Create a fully detailed project requirement document at the beginning of the project. Try to control requirement changes throughout the project.</td>\r\n<td>Create a product backlog — a simple list of requirements by priority. Quickly update the product backlog as requirements and priorities change throughout the project.</td>\r\n</tr>\r\n<tr>\r\n<td>Conduct weekly status meetings with all project stakeholders and developers. Send out detailed meeting notes and status reports after each meeting.</td>\r\n<td>The development team meets quickly, for no longer than 15 minutes, at the start of each day to coordinate and synchronize that day’s work and any roadblocks. They can update the centrally visible burndown chart in under a minute at the end of each day.</td>\r\n</tr>\r\n<tr>\r\n<td>Create a detailed project schedule with all tasks at the beginning of the project. Try to keep the project tasks on schedule. Update the schedule on a regular basis.</td>\r\n<td>Work within sprints and identify only specific tasks for the active sprint.</td>\r\n</tr>\r\n<tr>\r\n<td>Assign tasks to the development team.</td>\r\n<td>Support the development team by helping remove impediments and distractions. On agile projects, development teams define and pull (as opposed to push) their own tasks.</td>\r\n</tr>\r\n</tbody>\r\n</table>\r\n<p class=\"article-tips tip\">Project management is facilitated by the following agile approaches:</p>\r\n\r\n<ul>\r\n \t<li>Supporting the development team</li>\r\n \t<li>Producing barely sufficient documents</li>\r\n \t<li>Streamlining status reporting so that information is pushed out by the development team in seconds rather than pulled out by a project manager over a longer period of time</li>\r\n \t<li>Minimizing nondevelopment tasks</li>\r\n \t<li>Setting expectations that change is normal and beneficial, not something to be feared or evaded</li>\r\n \t<li>Adopting a just-in-time requirements refinement to minimize change disruption and wasted effort</li>\r\n \t<li>Collaborating with the development team to create realistic schedules, targets, and goals</li>\r\n \t<li>Protecting the development team from organizational disruptions that could undermine project goals by introducing work not relevant to the project objectives</li>\r\n \t<li>Understanding that an appropriate balance between work and life is a component of efficient development</li>\r\n</ul>","blurb":"","authors":[{"authorId":9158,"name":"Mark C. Layton","slug":"mark-c-layton","description":" <p><b>Mark C. Layton,</b> &#34;Mr. Agile<sup>&#174;</sup>,&#34; is an executive and BoD advisor. He is the Los Angeles chair for the Agile Leadership Network, a Certified Scrum Trainer &#40;CST&#41;, and founder of agile transformation firm Platinum Edge. Mark is also coauthor of <i>Agile Project Management For Dummies.</i> <b>David Morrow</b> is a Certified Scrum Professional &#40;CSP&#41;, Certified Agile Coach &#40;ICP&#45;ACC&#41;, and an executive agile coach. ","hasArticle":false,"_links":{"self":"//dummies-api.coursofppt.com/v2/authors/9158"}}],"primaryCategoryTaxonomy":{"categoryId":34249,"title":"Project Management","slug":"project-management","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34249"}},"secondaryCategoryTaxonomy":{"categoryId":0,"title":null,"slug":null,"_links":null},"tertiaryCategoryTaxonomy":{"categoryId":0,"title":null,"slug":null,"_links":null},"trendingArticles":null,"inThisArticle":[{"label":"Contrasting Historical Project Management with Agile Project Management","target":"#tab1"}],"relatedArticles":{"fromBook":[],"fromCategory":[{"articleId":275133,"title":"What Is Agile Project Management?","slug":"what-is-agile-project-management","categoryList":["business-careers-money","business","project-management"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/275133"}},{"articleId":275127,"title":"Strategic Approaches to Implementing and Managing Change","slug":"strategic-approaches-to-implementing-and-managing-change","categoryList":["business-careers-money","business","project-management"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/275127"}},{"articleId":275120,"title":"Steps to Successfully Become an Agile Organization","slug":"steps-to-successfully-become-an-agile-organization","categoryList":["business-careers-money","business","project-management"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/275120"}},{"articleId":275111,"title":"Agile Project Management: Know Your Customers","slug":"agile-project-management-know-your-customers","categoryList":["business-careers-money","business","project-management"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/275111"}},{"articleId":274291,"title":"Agile Planning with the Roadmap to Value","slug":"agile-planning-with-the-roadmap-to-value","categoryList":["business-careers-money","business","project-management"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/274291"}}]},"hasRelatedBookFromSearch":false,"relatedBook":{"bookId":0,"slug":null,"isbn":null,"categoryList":null,"amazon":null,"image":null,"title":null,"testBankPinActivationLink":null,"bookOutOfPrint":false,"authorsInfo":null,"authors":null,"_links":null},"collections":[],"articleAds":{"footerAd":"<div class=\"du-ad-region row\" id=\"article_page_adhesion_ad\"><div class=\"du-ad-unit col-md-12\" data-slot-id=\"article_page_adhesion_ad\" data-refreshed=\"false\" \r\n data-target = \"[{&quot;key&quot;:&quot;cat&quot;,&quot;values&quot;:[&quot;business-careers-money&quot;,&quot;business&quot;,&quot;project-management&quot;]},{&quot;key&quot;:&quot;isbn&quot;,&quot;values&quot;:[null]}]\" id=\"du-slot-65b02917830c3\"></div></div>","rightAd":"<div class=\"du-ad-region row\" id=\"article_page_right_ad\"><div class=\"du-ad-unit col-md-12\" data-slot-id=\"article_page_right_ad\" data-refreshed=\"false\" \r\n data-target = \"[{&quot;key&quot;:&quot;cat&quot;,&quot;values&quot;:[&quot;business-careers-money&quot;,&quot;business&quot;,&quot;project-management&quot;]},{&quot;key&quot;:&quot;isbn&quot;,&quot;values&quot;:[null]}]\" id=\"du-slot-65b029178376f\"></div></div>"},"articleType":{"articleType":"Articles","articleList":null,"content":null,"videoInfo":{"videoId":null,"name":null,"accountId":null,"playerId":null,"thumbnailUrl":null,"description":null,"uploadDate":null}},"sponsorship":{"sponsorshipPage":false,"backgroundImage":{"src":null,"width":0,"height":0},"brandingLine":"","brandingLink":"","brandingLogo":{"src":null,"width":0,"height":0},"sponsorAd":"","sponsorEbookTitle":"","sponsorEbookLink":"","sponsorEbookImage":{"src":null,"width":0,"height":0}},"primaryLearningPath":"Advance","lifeExpectancy":"One year","lifeExpectancySetFrom":"2025-01-23T00:00:00+00:00","dummiesForKids":"no","sponsoredContent":"no","adInfo":"","adPairKey":[]},"status":"publish","visibility":"public","articleId":245754},{"headers":{"creationTime":"2018-10-27T11:23:14+00:00","modifiedTime":"2025-01-23T20:25:05+00:00","timestamp":"2025-01-23T21:01:11+00:00"},"data":{"breadcrumbs":[{"name":"Business, Careers, & Money","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34224"},"slug":"business-careers-money","categoryId":34224},{"name":"Business","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34225"},"slug":"business","categoryId":34225},{"name":"Project Management","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34249"},"slug":"project-management","categoryId":34249}],"title":"How to Use the Agile Principles of Customer Satisfaction in Your Project","strippedTitle":"how to use the agile principles of customer satisfaction in your project","slug":"use-agile-principles-customer-satisfaction-project","canonicalUrl":"","搜素座舱SEO调整":{"metaDescription":"Agile approaches focus on customer satisfaction, which makes sense. After all, the customer is the reason for developing the product in the first place.While al","noIndex":0,"noFollow":0},"content":"Agile approaches focus on customer satisfaction, which makes sense. After all, the customer is the reason for developing the product in the first place.\r\n\r\nWhile all 12 principles support the goal of satisfying customers, principles 1, 2, 3, and 4 stand out for us:\r\n<p style=\"padding-left: 30px;\"><strong>(1)</strong> Our highest priority is to satisfy the customer through early and continuous delivery of valuable software.</p>\r\n<p style=\"padding-left: 30px;\"><strong>(2)</strong> Welcome changing requirements, even late in development. Agile processes harness change for the customer's competitive advantage.</p>\r\n<p style=\"padding-left: 30px;\"><strong>(3)</strong> Deliver working software frequently, from a couple of weeks to a couple of months, with a preference to the shorter timescale.</p>\r\n<p style=\"padding-left: 30px;\"><strong>(4)</strong> Business people and developers must work together daily throughout the project.</p>\r\nYou may define the customer on a project in a number of ways:\r\n<ul>\r\n \t<li>In project management terms, the customer is the person or group paying for the project.</li>\r\n \t<li>In some organizations, the customer may be a client, external to the organization.</li>\r\n \t<li>In other organizations, the customer may be a project stakeholder or stakeholders in the organization.</li>\r\n \t<li>The person who ends up using the product is also a customer.</li>\r\n</ul>\r\nHow do you enact these principles? Simply do the following:\r\n<ul>\r\n \t<li>Agile project teams include a <em>product owner,</em> a person who is responsible for ensuring translation of what the customer wants into product requirements.</li>\r\n \t<li>The product owner prioritizes product features in order of business value or risk and communicates priorities to the development team. The development team delivers the most valuable features on the list in short cycles of development, known as <em>iterations</em> or <em>sprints.</em></li>\r\n \t<li>The product owner has deep and ongoing involvement throughout each day to clarify priorities and requirements, make decisions, provide feedback, and quickly answer the many questions that pop up during a project.</li>\r\n \t<li>Frequent delivery of working functionality allows the product owner and the customer to have a full sense of how the product is developing.</li>\r\n \t<li>As the development team continues to deliver complete, working, potentially shippable functionality every four to eight weeks or less, the value of the total product grows incrementally, as do its functional capabilities.</li>\r\n \t<li>The customer accumulates value for his or her investment regularly by receiving new, ready-to-use functionality throughout the project, rather than waiting until the end of what might be a long project for the first, and maybe only, delivery of releasable product features.</li>\r\n</ul>\r\nThis table shows some customer satisfaction issues that commonly arise on projects. Use the table and gather some examples of customer dissatisfaction that you’ve encountered. Do you think agile project management would make a difference? Why or why not?\r\n<table width=\"728\"><caption>Customer Dissatisfaction and How Agile Might Help</caption>\r\n<thead>\r\n<tr>\r\n<td width=\"312\">Examples of Customer Dissatisfaction with Projects</td>\r\n<td colspan=\"2\" width=\"416\">How Agile Approaches Can Increase Customer Satisfaction</td>\r\n</tr>\r\n</thead>\r\n<tbody>\r\n<tr>\r\n<td width=\"312\">The product requirements were misunderstood by the development team.</td>\r\n<td width=\"384\">Product owners work closely with the customer to define and refine product requirements and provide clarity to the development team.\r\n\r\nAgile project teams demonstrate and deliver working functionality at regular intervals. If a product doesn’t work the way the customer thinks it should work, the customer is able to provide feedback at the end of the sprint, not before it’s too late at the end of the project.</td>\r\n<td width=\"32\"></td>\r\n</tr>\r\n<tr>\r\n<td width=\"312\">The product wasn’t delivered when the customer needed it.</td>\r\n<td width=\"384\">Working in sprints allows agile project teams to deliver high-priority functionality early and often.</td>\r\n<td width=\"32\"></td>\r\n</tr>\r\n<tr>\r\n<td width=\"312\">The customer can’t request changes without additional cost and time.</td>\r\n<td width=\"384\">Agile processes are built for change. Development teams can accommodate new requirements, requirement updates, and shifting priorities with each sprint, offsetting the cost of these changes by removing the lowest-priority requirements — functionality that likely will never or rarely get used.</td>\r\n<td width=\"32\"></td>\r\n</tr>\r\n</tbody>\r\n</table>\r\nCheck here for a <a href=\"//www.wiley.com/Agile+Project+Management+For+Dummies,+2nd+Edition-p-9781119405733\" target=\"_blank\" rel=\"noopener\">blank template of this agile form</a>.\r\n<p class=\"article-tips tip\">Agile strategies for customer satisfaction include the following:</p>\r\n\r\n<ul>\r\n \t<li>Producing, in each iteration, the highest-priority features first</li>\r\n \t<li>Ideally, locating the product owner and the other members of the project team in the same place to eliminate communication barriers</li>\r\n \t<li>Breaking requirements into groups of features that can be delivered in four to eight weeks or less</li>\r\n \t<li>Keeping written requirements sparse, forcing more robust and effective face-to-face communication</li>\r\n \t<li>Getting the product owner’s approval as functionality is completed</li>\r\n \t<li>Revisiting the feature list regularly to ensure that the most valuable requirements continue to have the highest priority</li>\r\n</ul>","description":"Agile approaches focus on customer satisfaction, which makes sense. After all, the customer is the reason for developing the product in the first place.\r\n\r\nWhile all 12 principles support the goal of satisfying customers, principles 1, 2, 3, and 4 stand out for us:\r\n<p style=\"padding-left: 30px;\"><strong>(1)</strong> Our highest priority is to satisfy the customer through early and continuous delivery of valuable software.</p>\r\n<p style=\"padding-left: 30px;\"><strong>(2)</strong> Welcome changing requirements, even late in development. Agile processes harness change for the customer's competitive advantage.</p>\r\n<p style=\"padding-left: 30px;\"><strong>(3)</strong> Deliver working software frequently, from a couple of weeks to a couple of months, with a preference to the shorter timescale.</p>\r\n<p style=\"padding-left: 30px;\"><strong>(4)</strong> Business people and developers must work together daily throughout the project.</p>\r\nYou may define the customer on a project in a number of ways:\r\n<ul>\r\n \t<li>In project management terms, the customer is the person or group paying for the project.</li>\r\n \t<li>In some organizations, the customer may be a client, external to the organization.</li>\r\n \t<li>In other organizations, the customer may be a project stakeholder or stakeholders in the organization.</li>\r\n \t<li>The person who ends up using the product is also a customer.</li>\r\n</ul>\r\nHow do you enact these principles? Simply do the following:\r\n<ul>\r\n \t<li>Agile project teams include a <em>product owner,</em> a person who is responsible for ensuring translation of what the customer wants into product requirements.</li>\r\n \t<li>The product owner prioritizes product features in order of business value or risk and communicates priorities to the development team. The development team delivers the most valuable features on the list in short cycles of development, known as <em>iterations</em> or <em>sprints.</em></li>\r\n \t<li>The product owner has deep and ongoing involvement throughout each day to clarify priorities and requirements, make decisions, provide feedback, and quickly answer the many questions that pop up during a project.</li>\r\n \t<li>Frequent delivery of working functionality allows the product owner and the customer to have a full sense of how the product is developing.</li>\r\n \t<li>As the development team continues to deliver complete, working, potentially shippable functionality every four to eight weeks or less, the value of the total product grows incrementally, as do its functional capabilities.</li>\r\n \t<li>The customer accumulates value for his or her investment regularly by receiving new, ready-to-use functionality throughout the project, rather than waiting until the end of what might be a long project for the first, and maybe only, delivery of releasable product features.</li>\r\n</ul>\r\nThis table shows some customer satisfaction issues that commonly arise on projects. Use the table and gather some examples of customer dissatisfaction that you’ve encountered. Do you think agile project management would make a difference? Why or why not?\r\n<table width=\"728\"><caption>Customer Dissatisfaction and How Agile Might Help</caption>\r\n<thead>\r\n<tr>\r\n<td width=\"312\">Examples of Customer Dissatisfaction with Projects</td>\r\n<td colspan=\"2\" width=\"416\">How Agile Approaches Can Increase Customer Satisfaction</td>\r\n</tr>\r\n</thead>\r\n<tbody>\r\n<tr>\r\n<td width=\"312\">The product requirements were misunderstood by the development team.</td>\r\n<td width=\"384\">Product owners work closely with the customer to define and refine product requirements and provide clarity to the development team.\r\n\r\nAgile project teams demonstrate and deliver working functionality at regular intervals. If a product doesn’t work the way the customer thinks it should work, the customer is able to provide feedback at the end of the sprint, not before it’s too late at the end of the project.</td>\r\n<td width=\"32\"></td>\r\n</tr>\r\n<tr>\r\n<td width=\"312\">The product wasn’t delivered when the customer needed it.</td>\r\n<td width=\"384\">Working in sprints allows agile project teams to deliver high-priority functionality early and often.</td>\r\n<td width=\"32\"></td>\r\n</tr>\r\n<tr>\r\n<td width=\"312\">The customer can’t request changes without additional cost and time.</td>\r\n<td width=\"384\">Agile processes are built for change. Development teams can accommodate new requirements, requirement updates, and shifting priorities with each sprint, offsetting the cost of these changes by removing the lowest-priority requirements — functionality that likely will never or rarely get used.</td>\r\n<td width=\"32\"></td>\r\n</tr>\r\n</tbody>\r\n</table>\r\nCheck here for a <a href=\"//www.wiley.com/Agile+Project+Management+For+Dummies,+2nd+Edition-p-9781119405733\" target=\"_blank\" rel=\"noopener\">blank template of this agile form</a>.\r\n<p class=\"article-tips tip\">Agile strategies for customer satisfaction include the following:</p>\r\n\r\n<ul>\r\n \t<li>Producing, in each iteration, the highest-priority features first</li>\r\n \t<li>Ideally, locating the product owner and the other members of the project team in the same place to eliminate communication barriers</li>\r\n \t<li>Breaking requirements into groups of features that can be delivered in four to eight weeks or less</li>\r\n \t<li>Keeping written requirements sparse, forcing more robust and effective face-to-face communication</li>\r\n \t<li>Getting the product owner’s approval as functionality is completed</li>\r\n \t<li>Revisiting the feature list regularly to ensure that the most valuable requirements continue to have the highest priority</li>\r\n</ul>","blurb":"","authors":[{"authorId":9158,"name":"Mark C. Layton","slug":"mark-c-layton","description":" <p><b>Mark C. Layton,</b> &#34;Mr. Agile<sup>&#174;</sup>,&#34; is an executive and BoD advisor. He is the Los Angeles chair for the Agile Leadership Network, a Certified Scrum Trainer &#40;CST&#41;, and founder of agile transformation firm Platinum Edge. Mark is also coauthor of <i>Agile Project Management For Dummies.</i> <b>David Morrow</b> is a Certified Scrum Professional &#40;CSP&#41;, Certified Agile Coach &#40;ICP&#45;ACC&#41;, and an executive agile coach. 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Make the effort to complete all the content worksheets, and you will be on your way. This ","noIndex":0,"noFollow":0},"content":"Lots of moving parts make up a successful content marketing strategy. Make the effort to complete all the content worksheets, and you will be on your way. This cheat sheet provides some tips for making your content marketing efforts successful.","description":"Lots of moving parts make up a successful content marketing strategy. Make the effort to complete all the content worksheets, and you will be on your way. This cheat sheet provides some tips for making your content marketing efforts successful.","blurb":"","authors":[{"authorId":8966,"name":"Stephanie Diamond","slug":"stephanie-diamond","description":" <p>This reference guide features content from existing <i>For Dummies</i> books, including books authored by <b>Dr. Beverly A. Browning, MPA, DBA</b> (<i>Nonprofit Kit For Dummies, Fundraising For Dummies, </i>and<i> Grant Writing For Dummies</i>), <b>Sharon Farris</b> with updates by <b>Maire Loughran</b> (<i>Nonprofit Bookkeeping & Accounting For Dummies</i>), <b>Alyson Connolly </b>(<i>Public Speaking Skills For Dummies</i>), and <b>Shiv Singh and Stephanie Diamond</b> (<i>Social Media Marketing For Dummies</i>). 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","hasArticle":false,"_links":{"self":"//dummies-api.coursofppt.com/v2/authors/34458"}}],"_links":{"self":"//dummies-api.coursofppt.com/v2/books/"}},"collections":[],"articleAds":{"footerAd":"<div class=\"du-ad-region row\" id=\"article_page_adhesion_ad\"><div class=\"du-ad-unit col-md-12\" data-slot-id=\"article_page_adhesion_ad\" data-refreshed=\"false\" \r\n data-target = \"[{&quot;key&quot;:&quot;cat&quot;,&quot;values&quot;:[&quot;business-careers-money&quot;,&quot;business&quot;,&quot;marketing&quot;]},{&quot;key&quot;:&quot;isbn&quot;,&quot;values&quot;:[&quot;9781119154549&quot;]}]\" id=\"du-slot-65b02916af760\"></div></div>","rightAd":"<div class=\"du-ad-region row\" id=\"article_page_right_ad\"><div class=\"du-ad-unit col-md-12\" data-slot-id=\"article_page_right_ad\" data-refreshed=\"false\" \r\n data-target = \"[{&quot;key&quot;:&quot;cat&quot;,&quot;values&quot;:[&quot;business-careers-money&quot;,&quot;business&quot;,&quot;marketing&quot;]},{&quot;key&quot;:&quot;isbn&quot;,&quot;values&quot;:[&quot;9781119154549&quot;]}]\" id=\"du-slot-65b02916b11fd\"></div></div>"},"articleType":{"articleType":"Cheat Sheet","articleList":[{"articleId":138443,"title":"Which Kind of Influencer Is Right for Your Customer?","slug":"which-kind-of-influencer-is-right-for-your-customer","categoryList":["business-careers-money","business","marketing"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/138443"}},{"articleId":138447,"title":"Roles That Content Marketing Team Members Must Play","slug":"roles-that-content-marketing-team-members-must-play","categoryList":["business-careers-money","business","marketing"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/138447"}},{"articleId":138445,"title":"An SEO Checklist for Your Content","slug":"an-搜素座舱SEO调整-checklist-for-your-content","categoryList":["business-careers-money","business","marketing"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/138445"}},{"articleId":138449,"title":"Metrics to Consider When Evaluating the Success of Your Branding","slug":"metrics-to-consider-when-evaluating-the-success-of-your-branding","categoryList":["business-careers-money","business","marketing"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/138449"}}],"content":[{"title":"Which Kind of Influencer Is Right for Your Customer?","thumb":null,"image":null,"content":"<p>Are you making the most of potential partnerships with influencers? The distribution of your content by influencers is key to reaching new audiences. Here are different types of influencers you should consider:</p>\n<table>\n<tbody>\n<tr>\n<th>Type</th>\n<th>Description</th>\n<th>Their role in your promotions</th>\n</tr>\n<tr>\n<td>Friends, family, and work colleagues</td>\n<td>This is your customers&#8217; inner circle and their social graph on<br />\nsocial media platforms.</td>\n<td>Your customers trust these people implicitly. Make every effort<br />\nto speak to your customers&#8217; audience through their social<br />\nnetworks.</td>\n</tr>\n<tr>\n<td>Subject experts</td>\n<td>These people are the thought leaders. They know their stuff and<br />\nhave a loyal following.</td>\n<td>People listen to their recommendations, so try to pick<br />\ninfluencers whose expertise compliments yours. They can build trust<br />\nand gain loyalty for you among your customers</td>\n</tr>\n<tr>\n<td>Professionals in high positions</td>\n<td>These people get their power from the position they hold in<br />\nindustry.</td>\n<td>People like to follow those who have real power in their<br />\nindustry, hoping that they will gain status. Choose this type of<br />\ninfluencer if you are looking for customers who want their own<br />\npower and influence.</td>\n</tr>\n<tr>\n<td>Celebrities</td>\n<td>You know these folks. Everyone does. They have a high profile<br />\nand get lots of media attention. Don&#8217;t overlook the Internet<br />\ncelebrity who is famous for being famous online.</td>\n<td>You get referred by celebrities by forming an alliance with<br />\nthem. People pay attention to those in whom a celebrity shows<br />\ninterest, so don&#8217;t hesitate to work with them if you are in an<br />\nindustry that values any kind of celebrity, such as fashion.</td>\n</tr>\n</tbody>\n</table>\n"},{"title":"Roles That Content Marketing Team Members Must Play","thumb":null,"image":null,"content":"<p>When you establish a working system for your content marketing efforts, you need to have the following roles covered by your team. You may not have the luxury of assigning different individuals to these roles, but they must be filled. Consider the following:</p>\n<table>\n<tbody>\n<tr>\n<th>Title</th>\n<th>Description</th>\n<th>Role</th>\n</tr>\n<tr>\n<td>Content Manager</td>\n<td>Person who understands the customer and the buyer&#8217;s<br />\njourney</td>\n<td>Determines the content topics and formats</td>\n</tr>\n<tr>\n<td>Editor</td>\n<td>Person who establishes publishing guidelines</td>\n<td>Ensures that writers turn in a quality piece of content</td>\n</tr>\n<tr>\n<td>Writer</td>\n<td>Person who produces the articles and blog posts</td>\n<td>Provides a wide range of publishable content</td>\n</tr>\n<tr>\n<td>Designer</td>\n<td>Person who maintains the brand and design guidelines</td>\n<td>Ensures that all web properties look cohesive and<br />\nprofessional</td>\n</tr>\n<tr>\n<td>Content system administrator</td>\n<td>Person who maintains the Content Management System (CMS)<br />\nguidelines</td>\n<td>Ensures that all production systems for web content are<br />\nfunctioning</td>\n</tr>\n<tr>\n<td>Web administrator</td>\n<td>Person who maintains security guidelines</td>\n<td>Ensures that the web properties are secure and the<br />\ndocumentation for the system is kept up-to-date</td>\n</tr>\n</tbody>\n</table>\n"},{"title":"An SEO Checklist for Your Content","thumb":null,"image":null,"content":"<p>In the past few years, Google&#8217;s content focus has changed from Search Engine Optimization (SEO) to quality content. The Google algorithm is now constructed to favor quality over quantity. That doesn&#8217;t mean that SEO is not important, however. It still makes a difference as to how easy it is for your customers to find your content. Here is a five-point checklist to ensure an effective SEO strategy:</p>\n<ul class=\"level-one\">\n<li>\n<p class=\"first-para\"><b>Choose long-tail keywords (LTK):</b> Research shows that LTKs convert the best. LTKs are phrases that more effectively target what the user is looking for. For example, your customer is more likely to search for &#8220;small battery operated space heaters&#8221; than &#8220;heaters.&#8221; The results for &#8220;heaters&#8221; would be too long and unfocused. Make sure to know the LTKs that your customer is using.</p>\n</li>\n<li>\n<p class=\"first-para\"><b>Put keywords where they belong: </b>Having the right keywords is only half the battle. You have to make sure to place them in the right spots in your content to make an impact. One key way is to include it in your title. Google gives you only 55 characters to display your content. Think about that when you choose your keyword locations.</p>\n</li>\n<li>\n<p class=\"first-para\"><b>Monitor your results regularly: </b>The web provides you with many ways to monitor how well your content is doing. Check your analytics to monitor whether you&#8217;re hitting your goals.</p>\n</li>\n<li>\n<p class=\"first-para\"><b>Optimize for video content: </b>Videos are great attention getters. The key is to make sure that they don&#8217;t take forever to load. No one will wait around.</p>\n</li>\n<li>\n<p class=\"first-para\"><b>Look at your mobile content:</b> Make every effort to provide usable mobile content. Go to the <a href=\"//developer.chrome.com/docs/lighthouse/overview/\" target=\"_blank\" rel=\"noopener\">Google &#8220;Mobile-Friendly Test&#8221;</a> and test whether your site is readable.</p>\n</li>\n</ul>\n"},{"title":"Metrics to Consider When Evaluating the Success of Your Branding","thumb":null,"image":null,"content":"<p>Monitoring whether you&#8217;re successfully applying your brand values is critically important. Here are a few measures that you should use to check whether you are successful:</p>\n<table>\n<tbody>\n<tr>\n<th>Type</th>\n<th>Analytics</th>\n</tr>\n<tr>\n<td>General company measures</td>\n<td>Market share, ROI, and gross revenue</td>\n</tr>\n<tr>\n<td>Brand awareness</td>\n<td>Reach and engagement with social media</td>\n</tr>\n<tr>\n<td>Brand loyalty</td>\n<td>Retention and frequency of purchases</td>\n</tr>\n</tbody>\n</table>\n"}],"videoInfo":{"videoId":null,"name":null,"accountId":null,"playerId":null,"thumbnailUrl":null,"description":null,"uploadDate":null}},"sponsorship":{"sponsorshipPage":false,"backgroundImage":{"src":null,"width":0,"height":0},"brandingLine":"","brandingLink":"","brandingLogo":{"src":null,"width":0,"height":0},"sponsorAd":"","sponsorEbookTitle":"","sponsorEbookLink":"","sponsorEbookImage":{"src":null,"width":0,"height":0}},"primaryLearningPath":"Advance","lifeExpectancy":"Six months","lifeExpectancySetFrom":"2025-01-23T00:00:00+00:00","dummiesForKids":"no","sponsoredContent":"no","adInfo":"","adPairKey":[]},"status":"publish","visibility":"public","articleId":207391},{"headers":{"creationTime":"2025-01-18T21:36:52+00:00","modifiedTime":"2025-01-18T21:36:52+00:00","timestamp":"2025-01-19T00:01:05+00:00"},"data":{"breadcrumbs":[{"name":"Business, Careers, & Money","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34224"},"slug":"business-careers-money","categoryId":34224},{"name":"Careers","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34256"},"slug":"careers","categoryId":34256},{"name":"General Careers","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34272"},"slug":"general-careers","categoryId":34272}],"title":"Finding Your Passion For Dummies Cheat Sheet","strippedTitle":"finding your passion for dummies cheat sheet","slug":"finding-your-passion-for-dummies-cheat-sheet","canonicalUrl":"","搜素座舱SEO调整":{"metaDescription":"Learn how to align your personality type with your passion and take actionable steps toward finding your passion with this cheat sheet.","noIndex":0,"noFollow":0},"content":"This cheat sheet offers tips on how personality tests can help you find your career path and includes a worksheet to track your plan to pursue your passion.","description":"This cheat sheet offers tips on how personality tests can help you find your career path and includes a worksheet to track your plan to pursue your passion.","blurb":"","authors":[{"authorId":35364,"name":"Noeline Kirabo","slug":"noeline-kirabo","description":"<b>Noeline Kirabo</b> is an entrepreneur, author, life coach, and motivational speaker. 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These tests are designed to assess various aspects of your personality, including preferences in communication, decision-making, and work style. Here are some ways that the results of a personality test can assist in your pursuit.</p>\n<h3>Clarifying Values and Interests</h3>\n<p>Personality assessments often shed light on your values and interests. For instance, if you score high on openness to new experiences, you might be drawn to creative or unconventional pursuits.</p>\n<p>Recognizing these values and interests helps in pinpointing activities that align with your core identity, contributing to a more meaningful and fulfilling passion.</p>\n<h3>Guiding Career Choices</h3>\n<p>Certain personality types may be better suited to particular professions or career paths. Understanding your personality type can guide you toward professions that align with your natural tendencies and preferences.</p>\n<p>Choosing a career aligned with your personality type increases the likelihood of finding passion in professional pursuits.</p>\n<h3>Improving Self-Awareness</h3>\n<p>Personality assessments foster self-awareness by highlighting preferred ways of interacting with the world, processing information, and making decisions.</p>\n<p>This self-awareness is crucial in understanding how to engage with different activities and contexts, leading to a clearer understanding of what activities bring joy, satisfaction, and a sense of purpose.</p>\n<h3>Enhancing Communication and Collaboration</h3>\n<p>Personality types influence communication styles and collaboration preferences. Knowing your personality type and the types of others can improve teamwork and collaboration, contributing to a more positive and supportive environment for pursuing passions.</p>\n<h3>Coping with Challenges</h3>\n<p>Personality assessments often offer insights into how to cope with stress and challenges. Understanding your coping mechanisms is valuable in navigating obstacles you might encounter on the journey to discovering and pursuing your passion.</p>\n"},{"title":"Taking actionable steps toward finding your passion","thumb":null,"image":null,"content":"<p>A well-structured plan empowers your passion pursuit. Stay focused, adapt when necessary, and celebrate your achievements along the way. This worksheet helps you formulate and stick to a plan to successfully find your passion.</p>\n<p><strong>Passion:</strong> [Insert Your Passion]</p>\n<p><strong>Goal:</strong> [Insert Your Specific Goal]</p>\n<p><strong>Milestones:</strong> [List Key Milestones to Achieve]</p>\n<p><strong>Break Down Your Goal:</strong> Divide your main goal into smaller, achievable taks.</p>\n<p>Task 1:</p>\n<p>Actions Steps:</p>\n<blockquote><p>1.</p></blockquote>\n<blockquote><p>2.</p></blockquote>\n<blockquote><p>3.</p></blockquote>\n<p>Deadline: [Date]</p>\n<p>Task 2:</p>\n<p>Actions Steps:</p>\n<blockquote><p>1.</p></blockquote>\n<blockquote><p>2.</p></blockquote>\n<blockquote><p>3.</p></blockquote>\n<p>Deadline: [Date]</p>\n<p>Task 3:</p>\n<p>Actions Steps:</p>\n<blockquote><p>1.</p></blockquote>\n<blockquote><p>2.</p></blockquote>\n<blockquote><p>3.</p></blockquote>\n<p>Deadline: [Date]</p>\n<p><strong>Set Milestones:</strong> Identify key checkpoints that mark your progress.</p>\n<p>Milestone 1: [Describe]</p>\n<p>Deadline: [Date]</p>\n<p>Milestone 2: [Describe]</p>\n<p>Deadline: [Date]</p>\n<p>Milestone 3: [Describe]</p>\n<p>Deadline: [Date]</p>\n<p><strong>Create a Timeline:</strong> Assign deadlines to tasks and milestones.</p>\n<p>Start Date: [Date]</p>\n<p>Milestone 1 Deadline: [Date]</p>\n<p>Task 1 Deadline: [Date]</p>\n<p>Milestone 2 Deadline: [Date]</p>\n<p>Task 2 Deadline: [Date]</p>\n<p>Milestone 3 Deadline: [Date]</p>\n<p>Task 3 Deadline: [Date]</p>\n<p><strong>Prioritize Tasks:</strong> Rank tasks based on importance.</p>\n<p>Priority 1:</p>\n<p>Priority 2:</p>\n<p>Priority 3:</p>\n<p><strong>Allocate Resources:</strong> List resources you need for each task.</p>\n<p>Task 1 Resources:</p>\n<p>Time Needed:</p>\n<p>Materials Needed:</p>\n<p>Support Needed:</p>\n<p>Task 2 Resources:</p>\n<p>Time Needed:</p>\n<p>Materials Needed:</p>\n<p>Support Needed:</p>\n<p>Task 3 Resources:</p>\n<p>Time Needed:</p>\n<p>Materials Needed:</p>\n<p>Support Needed:</p>\n<p><strong>Adaptability:</strong> How will you adjust if unexpected challenges arise?</p>\n<p>Plan B for Task 1:</p>\n<p>Plan B for Task 2:</p>\n<p>Plan B for Task 3:</p>\n<p><strong>Visualize Success:</strong> Describe how achieving your goal will feel.</p>\n<p>Visualization Exercise:</p>\n<p><strong>Track Progress:</strong> How will you monitor your progress?</p>\n<p>Tracking Method:</p>\n<p><strong>Accountability:</strong> Who will support you and hold you accountable?</p>\n<p>Accountability Partner:</p>\n<p><strong>Final Thoughts:</strong> Reflect on the importance of this plan and your commitment to your passion.</p>\n"}],"videoInfo":{"videoId":null,"name":null,"accountId":null,"playerId":null,"thumbnailUrl":null,"description":null,"uploadDate":null}},"sponsorship":{"sponsorshipPage":false,"backgroundImage":{"src":null,"width":0,"height":0},"brandingLine":"","brandingLink":"","brandingLogo":{"src":null,"width":0,"height":0},"sponsorAd":"","sponsorEbookTitle":"","sponsorEbookLink":"","sponsorEbookImage":{"src":null,"width":0,"height":0}},"primaryLearningPath":"Explore","lifeExpectancy":"Five years","lifeExpectancySetFrom":"2025-01-18T00:00:00+00:00","dummiesForKids":"no","sponsoredContent":"no","adInfo":"","adPairKey":[]},"status":"publish","visibility":"public","articleId":301511},{"headers":{"creationTime":"2024-12-21T18:50:02+00:00","modifiedTime":"2024-12-21T18:50:02+00:00","timestamp":"2024-12-21T21:01:09+00:00"},"data":{"breadcrumbs":[{"name":"Business, Careers, & Money","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34224"},"slug":"business-careers-money","categoryId":34224},{"name":"Careers","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34256"},"slug":"careers","categoryId":34256}],"title":"Becoming a Social Worker For Dummies Cheat Sheet","strippedTitle":"becoming a social worker for dummies cheat sheet","slug":"becoming-a-social-worker-for-dummies-cheat-sheet","canonicalUrl":"","搜素座舱SEO调整":{"metaDescription":"Learn what social work is and find out what it takes to become a social worker with this Dummies cheat sheet.","noIndex":0,"noFollow":0},"content":"If you’re interested in becoming a social worker, you need to start by understanding what exactly social work is. When you understand the helping process social workers use, you’ll be able to approach your work thoughtfully, regardless of whether you’re working with individuals, families or groups, or communities or systems. Finally, understanding your options when it comes to formal education can help you plan your future. Read on to find out more about what social work involves and how to become a social worker.","description":"If you’re interested in becoming a social worker, you need to start by understanding what exactly social work is. When you understand the helping process social workers use, you’ll be able to approach your work thoughtfully, regardless of whether you’re working with individuals, families or groups, or communities or systems. Finally, understanding your options when it comes to formal education can help you plan your future. Read on to find out more about what social work involves and how to become a social worker.","blurb":"","authors":[{"authorId":35358,"name":"Yodit Betru","slug":"yodit-betru","description":" <p><b>Dr. Yodit Betru,</b> a licensed clinical social worker, has practiced in various settings, including schools, shelters, jails, child welfare agencies, and private and public mental health agencies. Currently, she’s a college professor and director of the master of social work program at the University of Pittsburgh, specializing in trauma, race-based stress, and homelessness. She maintains a small private counseling practice and serves on the boards of community organizations aiding women, children, and families. ","hasArticle":false,"_links":{"self":"//dummies-api.coursofppt.com/v2/authors/35358"}}],"primaryCategoryTaxonomy":{"categoryId":34256,"title":"Careers","slug":"careers","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34256"}},"secondaryCategoryTaxonomy":{"categoryId":0,"title":null,"slug":null,"_links":null},"tertiaryCategoryTaxonomy":{"categoryId":0,"title":null,"slug":null,"_links":null},"trendingArticles":null,"inThisArticle":[],"relatedArticles":{"fromBook":[],"fromCategory":[{"articleId":295584,"title":"How to Make a Living As a Digital Nomad","slug":"how-to-work-as-a-digital-nomad","categoryList":["business-careers-money","careers"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/295584"}},{"articleId":295566,"title":"Pros and Cons of the Digital Nomad Lifestyle","slug":"pros-and-cons-of-the-digital-nomad-lifestyle","categoryList":["business-careers-money","careers"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/295566"}},{"articleId":295549,"title":"What Is a Digital Nomad?","slug":"what-is-a-digital-nomad","categoryList":["business-careers-money","careers"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/295549"}}]},"hasRelatedBookFromSearch":false,"relatedBook":{"bookId":301326,"slug":"becoming-a-social-worker-for-dummies","isbn":"9781394200870","categoryList":["business-careers-money","careers"],"amazon":{"default":"//www.amazon.com/gp/product/1394200870/ref=as_li_tl?ie=UTF8&tag=wiley01-20","ca":"//www.amazon.ca/gp/product/1394200870/ref=as_li_tl?ie=UTF8&tag=wiley01-20","indigo_ca":"//www.tkqlhce.com/click-9208661-13710633?url=//www.chapters.indigo.ca/en-ca/books/product/1394200870-item.html&cjsku=978111945484","gb":"//www.amazon.co.uk/gp/product/1394200870/ref=as_li_tl?ie=UTF8&tag=wiley01-20","de":"//www.amazon.de/gp/product/1394200870/ref=as_li_tl?ie=UTF8&tag=wiley01-20"},"image":{"src":"//coursofppt.com/wp-content/uploads/becoming-a-social-worker-cover-9781394200870-203x255.jpg","width":203,"height":255},"title":"Becoming A Social Worker For Dummies","testBankPinActivationLink":"","bookOutOfPrint":true,"authorsInfo":"<p><p><b>Dr. <b data-author-id=\"35358\">Yodit Betru</b>,</b> a licensed clinical social worker, has practiced in various settings, including schools, shelters, jails, child welfare agencies, and private and public mental health agencies. Currently, she’s a college professor and director of the master of social work program at the University of Pittsburgh, specializing in trauma, race-based stress, and homelessness. She maintains a small private counseling practice and serves on the boards of community organizations aiding women, children, and families.</p>","authors":[{"authorId":35358,"name":"Yodit Betru","slug":"yodit-betru","description":" <p><b>Dr. Yodit Betru,</b> a licensed clinical social worker, has practiced in various settings, including schools, shelters, jails, child welfare agencies, and private and public mental health agencies. Currently, she’s a college professor and director of the master of social work program at the University of Pittsburgh, specializing in trauma, race-based stress, and homelessness. She maintains a small private counseling practice and serves on the boards of community organizations aiding women, children, and families. ","hasArticle":false,"_links":{"self":"//dummies-api.coursofppt.com/v2/authors/35358"}}],"_links":{"self":"//dummies-api.coursofppt.com/v2/books/"}},"collections":[],"articleAds":{"footerAd":"<div class=\"du-ad-region row\" id=\"article_page_adhesion_ad\"><div class=\"du-ad-unit col-md-12\" data-slot-id=\"article_page_adhesion_ad\" data-refreshed=\"false\" \r\n data-target = \"[{&quot;key&quot;:&quot;cat&quot;,&quot;values&quot;:[&quot;business-careers-money&quot;,&quot;careers&quot;]},{&quot;key&quot;:&quot;isbn&quot;,&quot;values&quot;:[&quot;9781394200870&quot;]}]\" id=\"du-slot-6584a79536996\"></div></div>","rightAd":"<div class=\"du-ad-region row\" id=\"article_page_right_ad\"><div class=\"du-ad-unit col-md-12\" data-slot-id=\"article_page_right_ad\" data-refreshed=\"false\" \r\n data-target = \"[{&quot;key&quot;:&quot;cat&quot;,&quot;values&quot;:[&quot;business-careers-money&quot;,&quot;careers&quot;]},{&quot;key&quot;:&quot;isbn&quot;,&quot;values&quot;:[&quot;9781394200870&quot;]}]\" id=\"du-slot-6584a79537246\"></div></div>"},"articleType":{"articleType":"Cheat Sheet","articleList":[{"articleId":0,"title":"","slug":null,"categoryList":[],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/"}}],"content":[{"title":"What is social work?","thumb":null,"image":null,"content":"<p>The social work profession is dedicated to addressing and tackling significant, complex issues, commonly referred to as <em>social problems.</em> Social workers are trained to comprehend the origins of these problems and equipped with the tools to take practical action in addressing them. Social workers are interventionists. They don’t just talk about or express concern over problems. They get down to work, roll up their sleeves, and take action.</p>\n<p>The mission of the social work profession is to enhance human well-being and meet the basic needs of all people by empowering individuals and communities, with a particular focus on addressing the needs of vulnerable, oppressed, and impoverished individuals and systems. This mission is guided by six core values and six corresponding ethical principles.</p>\n<p>The values and principles are interconnected in the following ways:</p>\n<table>\n<tbody>\n<tr>\n<td>Value</td>\n<td>Principles</td>\n</tr>\n<tr>\n<td>Service</td>\n<td>Social workers help people and address social problems.</td>\n</tr>\n<tr>\n<td>Social justice</td>\n<td>Social workers challenge social injustice.</td>\n</tr>\n<tr>\n<td>Dignity and worth of the person</td>\n<td>Social workers respect the inherent dignity and worth of each person.</td>\n</tr>\n<tr>\n<td>Importance of human relationships</td>\n<td>Social workers recognize the centrality of human relationships.</td>\n</tr>\n<tr>\n<td>Integrity</td>\n<td>Social workers behave in a trustworthy manner.</td>\n</tr>\n<tr>\n<td>Competence</td>\n<td>Social workers practice in areas of competence and develop in their area of expertise.</td>\n</tr>\n</tbody>\n</table>\n<p>Social work follows ethical principles that state that the profession must solve social problems and challenge social injustice. These principles aren’t a by-product of the work — they’re central to the work.</p>\n<p>Social work is done through humanistic approaches to helping and paying attention to the history and context of providing service.</p>\n<p>Critical self-reflection is a fundamental competency within the social work profession and practice. Social workers actively engage in deep personal reflection to understand how their upbringing and environment impact their approach to providing help and support. This involves a careful examination of how their own lived experiences intersect with the diverse backgrounds of the individuals and systems they assist. In essence, it delves into the question of how a social worker’s personal history shapes the delivery of their services, both positively and negatively. This process not only addresses the potential “savior complex” that individuals may bring to the profession but also illuminates how issues of oppression and privilege manifest within their work. Consequently, it underscores that social work is not simply a volunteer role driven by compassion but rather a discipline demanding training, introspection, and continuous self-reflection.</p>\n"},{"title":"The social work helping process explained","thumb":null,"image":null,"content":"<p>There is a science to the helping process of social work practice. Social work isn’t just about being nice to people, and it’s not just an elevated form of volunteering. Social work is about doing thoughtful interventions using an evidence- or science-supported method.</p>\n<p>Social work uses the person-in-environment framework to inform how we understand the person and community/system that has an unmet need. Using this framework, social workers use a process called the<em> planned change model</em> to assess and address social problems. The change model consists of six steps: engagement, assessment, planning, intervention, termination, and evaluation.</p>\n<p>Before using this method to intervene, social workers clarify where they’re intervening. They can intervene at the micro level (with individuals), the mezzo level (with groups and families), or the macro level (with communities or systems). Where social workers are intervening determines the kinds of assessment and interventions they use to do the work.</p>\n<p>Here are examples of the planned change model at the micro, mezzo, and macro levels:</p>\n<table>\n<tbody>\n<tr>\n<td>Process Stage</td>\n<td>Description</td>\n<td>Micro Level</td>\n<td>Mezzo Level</td>\n<td>Macro Level</td>\n</tr>\n<tr>\n<td>Engagement</td>\n<td>The first step of the helping process where the social worker connects with the client, group, or system to build trust and mutuality and convey respect with verbal and nonverbal cues.</td>\n<td>In the initial meeting with the client, the social worker builds rapport by clarifying their role and the scope of their work and respectfully invites the client to share some information about themselves.</td>\n<td>The social worker introduces the group to each other and facilitates an open discussion about the purpose of the group. The social worker engages the group on what can help build a sense of belonging and trust among the members of the group.</td>\n<td>The social worker convenes the first meeting with a group to identify the unmet need or issue the community is facing through gathering data, holding town hall meetings, and having initial meetings with decision makers.</td>\n</tr>\n<tr>\n<td>Assessment</td>\n<td>The assessment stage involves gathering and analyzing information to understand clients’ needs, strengths, and challenges. It forms the basis for effective social work practice.</td>\n<td>The social worker conducts an assessment of the individual to understand the problems and barriers the condition is causing.</td>\n<td>The social worker conducts an assessment of the family unit or the group.</td>\n<td>The social worker does an assessment of the organization, community, and any stakeholders that are impacted by the policy or area they’re attempting to address.</td>\n</tr>\n<tr>\n<td>Planning</td>\n<td>Planning is the process of setting clear goals, identifying resources, and creating strategies to address clients’ identified needs and achieve positive outcomes.</td>\n<td>The social worker collaboratively develops an individualized treatment plan with the client and establishes mutually agreed-upon goals.</td>\n<td>The social worker collaboratively creates a family or group intervention plan to address the needs of the family or the group.</td>\n<td>The social worker develops a strategic plan to address the community or neighborhood’s needs with input from community members.</td>\n</tr>\n<tr>\n<td>Intervening</td>\n<td>This stage involves implementing the planned strategies and providing direct services to clients or groups, aiming to address their needs and promote client-centered goals.</td>\n<td>The social worker conducts one-on-one sessions to assist a client in managing troublesome symptoms through evidence-supported techniques.</td>\n<td>The social worker utilizes evidence-supported methods in group- or family-level interventions to address mutually agreed-upon and prioritized problems..</td>\n<td>The social worker implements the strategic plan at the neighborhood, community, organizational, governmental, or global level.</td>\n</tr>\n<tr>\n<td>Termination</td>\n<td>This stage of the helping process can be a planned, unplanned, or sudden ending to the helping process. It is the ending of the professional relationship between the social worker and the client, community, or system.</td>\n<td>The client and social worker end the relationship. In the best-case scenario, it’s planned and the client has met their goals. In other instances, it can be unplanned (for example, the client or social worker becomes ill) or sudden (where the client does not want to return to sessions).</td>\n<td>The family or group has met their goals, resolved their dynamics, and transitioned into being able to adapt at higher level. Conversely, the group or family members stop coming to treatment in unplanned manner.</td>\n<td>The conclusion of the organization program, initiative, legislative process, or social action.</td>\n</tr>\n<tr>\n<td>Evaluation</td>\n<td>Evaluation is the ongoing process of assessing the effectiveness of interventions, measuring progress toward goals, and making adjustments as necessary to achieve desired outcomes.</td>\n<td>The social worker continuously assesses the client’s progress in sessions, using reliable and valid tools, reviewing treatment goals, and modifying the treatment plan as needed.</td>\n<td>The social worker routinely monitors whether the group or family is achieving their goals and makes necessary changes and adjustments.</td>\n<td>The social worker establishes the evaluation process at the beginning of the helping process and implements it throughout the intervention, following the plan and employing scientifically sound evaluation methods and processes.</td>\n</tr>\n</tbody>\n</table>\n"},{"title":"Social work degrees and specialties","thumb":null,"image":null,"content":"<p>In order to be a social worker, you can earn an associate’s degree, a bachelor’s degree, a master’s degree, or a doctorate degree in social work.</p>\n<h3>Associate’s degree</h3>\n<p>The associate’s degree in social work exposes you to the principles of the social work profession and to the helping process. People with this educational background are employed as direct-level care workers who work one-on-one with people and help implement interventions. You can get an associate’s degree at a community college.</p>\n<p>Common job roles for people with associate’s degrees in social work include the following:</p>\n<ul>\n<li><strong>Case aide/case worker: </strong>Provide administrative support to social workers and help clients with basic needs and paperwork.</li>\n<li><strong>Residential counselor:</strong> Work as a residential counselor in a group home or shelter, offering support and supervision to residents.</li>\n<li><strong>Victims advocate:</strong> Work as a domestic violence crisis hotline operator in a shelter or nonprofit organization, providing immediate support and guidance to individuals experiencing domestic violence and helping them access resources and safety planning.</li>\n</ul>\n<h3>Bachelor’s degree</h3>\n<p>A bachelor of social work (BSW) degree allows you to work independently, carry your own cases, and have incremental salary increases consistent with your tenure at the job. Many child welfare case workers have BSW degrees and retire from their positions with good benefits, pensions, and sustainable incomes. A BSW opens up more opportunities for specialized roles and positions that involve direct client interaction than you would get with an associate’s degree.</p>\n<p>Some job roles for people with BSWs include the following:</p>\n<ul>\n<li><strong>Child welfare case worker: </strong>Work with at-risk children and families to ensure their safety and well-being.</li>\n<li><strong>School social worker:</strong> Work in educational settings, addressing students’ emotional and social needs, providing individual and group counseling, and collaborating with teachers and parents.</li>\n<li><strong>Geriatric care coordinator:</strong> Play a vital role in enhancing the quality of life for older adults and their families by providing holistic support, promoting independence, and facilitating access to essential services and resources.</li>\n</ul>\n<p class=\"article-tips tip\">For both a bachelor’s degree and a master’s degree, you must attend a Council of Social Work Education board-accredited school of social work and do coursework and an intensive practicum, which can range from 500 to 1,000 hours of internship. This gives you specialized coursework and provides a guided apprenticeship so you can do the work on your own.</p>\n<h3>Master’s degree</h3>\n<p>The master of social work (MSW) degree is the terminal degree, it provides the necessary education and credentials for professional practice. Although it is the terminal degree, it isn’t necessarily the end of the educational journey. You can still earn a PhD in social work if you’re interested in research or academia. But the MSW degree allows you to have the highest level of independence in your work and the most flexibility, especially if you’re licensed.</p>\n<p>Here are some examples of jobs you can do with an MSW degree:</p>\n<ul>\n<li><strong>Licensed clinical social worker (LCSW):</strong> Work as a clinical social worker, providing therapy and counseling services to individuals, couples, and families.</li>\n<li><strong>Medical social worker:</strong> Work in health-care settings, helping patients and families cope with medical issues, navigate the health-care system, and access resources.</li>\n<li><strong>MSW</strong> <strong>commissioned officer in the military:</strong> Provide specialized social work services to support the well-being of service members and their families.</li>\n</ul>\n<h3>Doctorate</h3>\n<p>Although the MSW is the terminal degree, you can also earn a doctorate in social work by getting a doctor of philosophy (PhD) or doctor of social work (DSW) degree and become an expert and thought leader in the profession. Doctoral programs equip you with the research skills needed to conduct impactful research and contribute to the development of evidence-based social work practices. This level of expertise and leadership helps advance the profession, addresses complex social issues more effectively, and trains the next generation of social work practitioners.</p>\n<p>Here are some examples of jobs you can do with a doctoral degree:</p>\n<ul>\n<li><strong>Social work educator/professor:</strong> Teach future social workers at universities and colleges, shaping the next generation of professionals.</li>\n<li><strong>Policy analyst/researcher:</strong> Engage in research and policy analysis, influencing social policies and advocating for change at a macro level.</li>\n</ul>\n"}],"videoInfo":{"videoId":null,"name":null,"accountId":null,"playerId":null,"thumbnailUrl":null,"description":null,"uploadDate":null}},"sponsorship":{"sponsorshipPage":false,"backgroundImage":{"src":null,"width":0,"height":0},"brandingLine":"","brandingLink":"","brandingLogo":{"src":null,"width":0,"height":0},"sponsorAd":"","sponsorEbookTitle":"","sponsorEbookLink":"","sponsorEbookImage":{"src":null,"width":0,"height":0}},"primaryLearningPath":"Advance","lifeExpectancy":"Five years","lifeExpectancySetFrom":"2024-12-21T00:00:00+00:00","dummiesForKids":"no","sponsoredContent":"no","adInfo":"","adPairKey":[]},"status":"publish","visibility":"public","articleId":301289},{"headers":{"creationTime":"2017-03-27T16:48:44+00:00","modifiedTime":"2024-12-21T18:36:47+00:00","timestamp":"2024-12-21T21:01:08+00:00"},"data":{"breadcrumbs":[{"name":"Business, Careers, & Money","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34224"},"slug":"business-careers-money","categoryId":34224},{"name":"Business","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34225"},"slug":"business","categoryId":34225},{"name":"Accounting","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34226"},"slug":"accounting","categoryId":34226},{"name":"Calculation & Analysis","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34229"},"slug":"calculation-analysis","categoryId":34229}],"title":"Business Statistics For Dummies Cheat Sheet","strippedTitle":"business statistics for dummies cheat sheet","slug":"business-statistics-for-dummies-cheat-sheet","canonicalUrl":"","搜素座舱SEO调整":{"metaDescription":"This Cheat Sheet is a handy resource for the basics of business statistics, including hypothesis testing, sampling distributions, and more.","noIndex":0,"noFollow":0},"content":"Statistics make it possible to analyze real-world business problems with actual data so that you can determine if a marketing strategy is really working, how much a company should charge for its products, or any of a million other practical questions. The science of statistics uses regression analysis, hypothesis testing, sampling distributions, and more to ensure accurate data analysis.","description":"Statistics make it possible to analyze real-world business problems with actual data so that you can determine if a marketing strategy is really working, how much a company should charge for its products, or any of a million other practical questions. The science of statistics uses regression analysis, hypothesis testing, sampling distributions, and more to ensure accurate data analysis.","blurb":"","authors":[{"authorId":9080,"name":"Alan Anderson","slug":"alan-anderson","description":" <p><b>Alan Anderson</b>, PhD is a teacher of finance, economics, statistics, and math at Fordham and Fairfield universities as well as at Manhattanville and Purchase colleges. Outside of the academic environment he has many years of experience working as an economist, risk manager, and fixed income analyst. Alan received his PhD in economics from Fordham University, and an M.S. in financial engineering from Polytechnic University.</p>","hasArticle":false,"_links":{"self":"//dummies-api.coursofppt.com/v2/authors/9080"}}],"primaryCategoryTaxonomy":{"categoryId":34229,"title":"Calculation & Analysis","slug":"calculation-analysis","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34229"}},"secondaryCategoryTaxonomy":{"categoryId":0,"title":null,"slug":null,"_links":null},"tertiaryCategoryTaxonomy":{"categoryId":0,"title":null,"slug":null,"_links":null},"trendingArticles":null,"inThisArticle":[],"relatedArticles":{"fromBook":[{"articleId":162083,"title":"How Businesses Use Regression Analysis Statistics","slug":"how-businesses-use-regression-analysis-statistics","categoryList":["business-careers-money","business","accounting","calculation-analysis"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/162083"}},{"articleId":162074,"title":"Random Variables and Probability Distributions in Business Statistics","slug":"random-variables-and-probability-distributions-in-business-statistics","categoryList":["business-careers-money","business","accounting","calculation-analysis"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/162074"}},{"articleId":162073,"title":"Explore Hypothesis Testing in Business Statistics","slug":"explore-hypothesis-testing-in-business-statistics","categoryList":["business-careers-money","business","accounting","calculation-analysis"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/162073"}},{"articleId":162066,"title":"3 Ways to Describe Populations and Samples in Business Statistics","slug":"3-ways-to-describe-populations-and-samples-in-business-statistics","categoryList":["business-careers-money","business","accounting","calculation-analysis"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/162066"}},{"articleId":162062,"title":"Business Statistics: Assess Financial Risk with the VaR Methodology","slug":"business-statistics-assess-financial-risk-with-the-var-methodology","categoryList":["business-careers-money","business","accounting","calculation-analysis"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/162062"}}],"fromCategory":[{"articleId":254831,"title":"Important Terms in Game Theory","slug":"important-terms-game-theory","categoryList":["business-careers-money","business","accounting","calculation-analysis"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/254831"}},{"articleId":254827,"title":"How to Create a Matrix from a Transition Diagram","slug":"create-matrix-transition-diagram","categoryList":["business-careers-money","business","accounting","calculation-analysis"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/254827"}},{"articleId":254821,"title":"How to Use Transition Matrices","slug":"use-transition-matrices","categoryList":["business-careers-money","business","accounting","calculation-analysis"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/254821"}},{"articleId":254814,"title":"How to Analyze Arguments with Euler Diagrams","slug":"analyze-arguments-euler-diagrams","categoryList":["business-careers-money","business","accounting","calculation-analysis"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/254814"}},{"articleId":254811,"title":"How to Analyze Compound Statements","slug":"analyze-compound-statements","categoryList":["business-careers-money","business","accounting","calculation-analysis"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/254811"}}]},"hasRelatedBookFromSearch":false,"relatedBook":{"bookId":282040,"slug":"business-statistics-for-dummies","isbn":"9781394219926","categoryList":["business-careers-money","business","general-business"],"amazon":{"default":"//www.amazon.com/gp/product/139421992X/ref=as_li_tl?ie=UTF8&tag=wiley01-20","ca":"//www.amazon.ca/gp/product/139421992X/ref=as_li_tl?ie=UTF8&tag=wiley01-20","indigo_ca":"//www.tkqlhce.com/click-9208661-13710633?url=//www.chapters.indigo.ca/en-ca/books/product/139421992X-item.html&cjsku=978111945484","gb":"//www.amazon.co.uk/gp/product/139421992X/ref=as_li_tl?ie=UTF8&tag=wiley01-20","de":"//www.amazon.de/gp/product/139421992X/ref=as_li_tl?ie=UTF8&tag=wiley01-20"},"image":{"src":"//coursofppt.com/wp-content/uploads/business-statistics-for-dummies-cover-9781394219926-203x255.jpg","width":203,"height":255},"title":"Business Statistics For Dummies","testBankPinActivationLink":"","bookOutOfPrint":true,"authorsInfo":"<p><b><b data-author-id=\"9080\">Alan Anderson</b></b>, PhD is a teacher of finance, economics, statistics, and math at Fordham and Fairfield universities as well as at Manhattanville and Purchase colleges. Outside of the academic environment he has many years of experience working as an economist, risk manager, and fixed income analyst. Alan received his PhD in economics from Fordham University, and an M.S. in financial engineering from Polytechnic University.</p>","authors":[{"authorId":9080,"name":"Alan Anderson","slug":"alan-anderson","description":" <p><b>Alan Anderson</b>, PhD is a teacher of finance, economics, statistics, and math at Fordham and Fairfield universities as well as at Manhattanville and Purchase colleges. Outside of the academic environment he has many years of experience working as an economist, risk manager, and fixed income analyst. Alan received his PhD in economics from Fordham University, and an M.S. in financial engineering from Polytechnic University.</p>","hasArticle":false,"_links":{"self":"//dummies-api.coursofppt.com/v2/authors/9080"}}],"_links":{"self":"//dummies-api.coursofppt.com/v2/books/"}},"collections":[],"articleAds":{"footerAd":"<div class=\"du-ad-region row\" id=\"article_page_adhesion_ad\"><div class=\"du-ad-unit col-md-12\" data-slot-id=\"article_page_adhesion_ad\" data-refreshed=\"false\" \r\n data-target = \"[{&quot;key&quot;:&quot;cat&quot;,&quot;values&quot;:[&quot;business-careers-money&quot;,&quot;business&quot;,&quot;accounting&quot;,&quot;calculation-analysis&quot;]},{&quot;key&quot;:&quot;isbn&quot;,&quot;values&quot;:[&quot;9781394219926&quot;]}]\" id=\"du-slot-6584a794b806f\"></div></div>","rightAd":"<div class=\"du-ad-region row\" id=\"article_page_right_ad\"><div class=\"du-ad-unit col-md-12\" data-slot-id=\"article_page_right_ad\" data-refreshed=\"false\" \r\n data-target = \"[{&quot;key&quot;:&quot;cat&quot;,&quot;values&quot;:[&quot;business-careers-money&quot;,&quot;business&quot;,&quot;accounting&quot;,&quot;calculation-analysis&quot;]},{&quot;key&quot;:&quot;isbn&quot;,&quot;values&quot;:[&quot;9781394219926&quot;]}]\" id=\"du-slot-6584a794b9172\"></div></div>"},"articleType":{"articleType":"Cheat Sheet","articleList":[{"articleId":162066,"title":"3 Ways to Describe Populations and Samples in Business Statistics","slug":"3-ways-to-describe-populations-and-samples-in-business-statistics","categoryList":["business-careers-money","business","accounting","calculation-analysis"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/162066"}},{"articleId":162074,"title":"Random Variables and Probability Distributions in Business Statistics","slug":"random-variables-and-probability-distributions-in-business-statistics","categoryList":["business-careers-money","business","accounting","calculation-analysis"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/162074"}},{"articleId":162063,"title":"Understand Sampling Distributions in Business Statistics","slug":"understand-sampling-distributions-in-business-statistics","categoryList":["business-careers-money","business","accounting","calculation-analysis"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/162063"}},{"articleId":162073,"title":"Explore Hypothesis Testing in Business Statistics","slug":"explore-hypothesis-testing-in-business-statistics","categoryList":["business-careers-money","business","accounting","calculation-analysis"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/162073"}},{"articleId":162083,"title":"How Businesses Use Regression Analysis Statistics","slug":"how-businesses-use-regression-analysis-statistics","categoryList":["business-careers-money","business","accounting","calculation-analysis"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/162083"}}],"content":[{"title":"3 ways to describe populations and samples","thumb":null,"image":null,"content":"<p>A <em>population</em> is a collection of measurements that you are interested in studying. For example, a population could consist of the incomes of the residents of the United States. Because analyzing every element of a population is often impractical, a <em>sample</em> of data may be chosen from a population and used as a substitute for the population.</p>\n<p class=\"article-tips remember\">A sample may be chosen in many different ways. It is extremely important to ensure that the members of a sample truly reflect the underlying population.</p>\n<h3>Measures of central tendency</h3>\n<p>In statistics, the mean, median, and mode are known as measures of <em>central tendency</em>; they are used to identify the center of a data set:</p>\n<ul class=\"level-one\">\n<li>\n<p class=\"first-para\"><strong>Mean:</strong> The average value of a data set.</p>\n</li>\n<li>\n<p class=\"first-para\"><strong>Median:</strong> The value that divides a data set in half so that half the observations are less than the median and half are greater than the median.</p>\n</li>\n<li>\n<p class=\"first-para\"><strong>Mode:</strong> The value that occurs most frequently in a data set.</p>\n</li>\n</ul>\n<p>The <em>mean</em> of a sample is computed as:</p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-301343\" src=\"//coursofppt.com/wp-content/uploads/sample-mean-formula.png\" alt=\"mean of a sample formula\" width=\"123\" height=\"66\" /></p>\n<p>The mean of a population is computed as:</p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-301344\" src=\"//coursofppt.com/wp-content/uploads/population-mean-formula.png\" alt=\"mean of a population formula\" width=\"123\" height=\"65\" /></p>\n<p>The <em>median</em> of a sample or a population is computed by sorting the data from the smallest value to the largest value and then finding the observation in the center — the value at which half of the observations in the data set are smaller than this value and half of the observations in the data set are greater than this value.</p>\n<p class=\"article-tips tip\">With an odd number of observations, you have one unique value in the center. With an even number of observations, you must average the two center values.</p>\n<p>The <em>mode</em> of a sample or a population is computed by determining the value that occurs most frequently in the data set. Note that there can be any number of modes or there may be no mode at all.</p>\n<h3>Measures of dispersion</h3>\n<p><em>Measures of dispersion</em> are used to find out how spread out the elements of a data set are. Three of the most commonly used measures of dispersion are:</p>\n<ul>\n<li>Range</li>\n<li>Variance</li>\n<li>Standard deviation</li>\n</ul>\n<p>The <em>range</em> is equal to the difference between the largest and smallest values in a sample or a population.</p>\n<p>The <em>variance</em> measures the average squared difference between the elements of a sample or a population and the mean. The formulas for computing the sample and population variances are slightly different.</p>\n<p>The variance of a sample is computed as:</p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-301345\" src=\"//coursofppt.com/wp-content/uploads/variance-of-sample-formula.png\" alt=\"variance of a sample formula\" width=\"206\" height=\"73\" /></p>\n<p>The variance of a population is computed as:</p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-301348\" src=\"//coursofppt.com/wp-content/uploads/variance-of-population-formula.png\" alt=\"variance of a population formula\" width=\"206\" height=\"66\" /></p>\n<p>The <em>standard deviation</em> is the square root of the variance; it has the advantage that it is measured in the same units as the underlying data, while variance is measured in squared units.</p>\n<p>The standard deviation of a sample is computed as:</p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-301347\" src=\"//coursofppt.com/wp-content/uploads/standard-deviation-of-sample-formula.png\" alt=\"standard deviation of a sample\" width=\"206\" height=\"80\" /></p>\n<p>The standard deviation of a population is computed as:<br />\n<img loading=\"lazy\" class=\"aligncenter size-full wp-image-301346\" src=\"//coursofppt.com/wp-content/uploads/standard-deviation-of-population-formula.png\" alt=\"standard deviation of a population formula\" width=\"206\" height=\"77\" /></p>\n<h3>Measures of association</h3>\n<p><em>Measures of association</em> are used to determine how closely two variables are related to each other. Two of the most commonly used measures of association are:</p>\n<ul>\n<li>covariance</li>\n<li>correlation</li>\n</ul>\n<p>For both measures, a positive value indicates that two variables tend to move in the same direction, while a negative value indicates that two variables tend to move in opposite directions. A value of zero indicates that two variables are unrelated to each other (they are <em>independent</em> of each other).</p>\n<p>The formulas for the sample covariance and population covariance are slightly different.</p>\n<p>The sample covariance is computed as:</p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-301351\" src=\"//coursofppt.com/wp-content/uploads/sample-covariance-formula.png\" alt=\"sample covariance formula\" width=\"298\" height=\"65\" /></p>\n<p>The population covariance is computed as:</p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-301352\" src=\"//coursofppt.com/wp-content/uploads/population-covariance-formula.png\" alt=\"population covariance formula\" width=\"298\" height=\"65\" /></p>\n<p>The correlation has more convenient properties than the covariance. Unlike the covariance, which has no maximum or minimum value, the correlation coefficient always has a value between –1 and 1. This makes it easier to intuitively understand both the strength and direction of the relationship between two variables with the correlation coefficient. Further, the correlation coefficient is <em>unit-free</em> — it is just a pure number. The value of the covariance is influenced by the units in which the sample or population data are measured, which is highly inconvenient.</p>\n<p>The sample and population correlation coefficients both have the same value; although, their formulas use different notation.</p>\n<p>The sample correlation coefficient is computed as:</p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-301354\" src=\"//coursofppt.com/wp-content/uploads/sample-correlation-coefficient-formula.png\" alt=\"sample correlation coefficient formula\" width=\"106\" height=\"55\" /></p>\n<p>The population correlation coefficient is computed as:</p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-301355\" src=\"//coursofppt.com/wp-content/uploads/population-correlation-coefficient-formula.png\" alt=\"population correlation coefficient formula\" width=\"125\" height=\"56\" /></p>\n"},{"title":"Random variables and probability distributions","thumb":null,"image":null,"content":"<p>A <em>random variable</em> is used to assign numerical values to all the possible outcomes of a random experiment. A <em>probability distribution</em> assigns probabilities to these numerical values. The two basic types of probability distributions are:</p>\n<ul>\n<li>Discrete</li>\n<li>Continuous</li>\n</ul>\n<p>With a discrete probability distribution, there is only a finite number of possible values; with a continuous probability distribution, the number of possible values is infinite.</p>\n<h3>Discrete probability distributions</h3>\n<p>Two of the most widely used discrete probability distributions are:</p>\n<ul>\n<li>Binomial</li>\n<li>Poisson</li>\n</ul>\n<p>The <em>binomial </em>distribution is based on a random process in which a series of independent trials take place. On each trial, only two possible outcomes can occur. The probability of a given number of successful outcomes during a fixed number of trials is:</p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-301357\" src=\"//coursofppt.com/wp-content/uploads/binomial-distribution-equation.png\" alt=\"binomial distribution equation\" width=\"326\" height=\"60\" /></p>\n<p>The <em>Poisson </em>distribution is used to measure the probability that a specified number of events will occur over the next interval of time. Probabilities for the Poisson distribution are computed as follows:</p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-301358\" src=\"//coursofppt.com/wp-content/uploads/poisson-distribution-equation.png\" alt=\"Poisson distribution equation\" width=\"181\" height=\"58\" /></p>\n<h3>Continuous probability distributions</h3>\n<p>Some of the most widely used continuous probability distributions are:</p>\n<ul>\n<li>Uniform</li>\n<li>Normal</li>\n<li> Student’s t</li>\n<li>Chi-square</li>\n<li>F</li>\n</ul>\n<p>The <em>uniform</em> distribution is used to describe a situation in which all possible outcomes of a random experiment are equally likely to occur. For a uniform random variable X that is defined over the interval (a, b) the equation is:</p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-301359\" src=\"//coursofppt.com/wp-content/uploads/uniform-distribution-equation.png\" alt=\"uniform distribution equation\" width=\"171\" height=\"49\" /></p>\n<p>The <em>normal</em> distribution is one of the most widely used distributions in all applied disciplines such as economics, finance, psychology, biology, and so on. The normal distribution has several key properties, such as:</p>\n<ul>\n<li>It is described by a bell-shaped curve.</li>\n<li>It is symmetrical about the mean.</li>\n<li>It is defined over all real numbers between negative and positive infinity.</li>\n</ul>\n<p>Normal probabilities are used for sampling distributions, confidence intervals, hypothesis testing, regression analysis, and many other applications. Normal probabilities can be computed with tables, with the Texas Instruments TI-84 calculator, Microsoft Excel, or a statistical programming language.</p>\n<p>The <em>student’s t-distribution</em> (also known as the t-distribution) is often used in place of the normal distribution for cases when small samples are used. It is used for confidence intervals, hypothesis testing, regression analysis, and so on. The t-distribution has many properties in common with the standard normal distribution (where the mean is zero and the standard deviation is one), but it has a larger standard deviation and is characterized by degrees of freedom.</p>\n<p>The <em>chi-square </em>distribution is a continuous distribution derived from the standard normal distribution. Unlike the standard normal distribution, it is positively skewed and only defined for positive values. The chi-square distribution can be used to test hypotheses about the population variance, for goodness of fit tests, and many other applications.</p>\n<p>The <em>F-distribution</em> is another positively skewed continuous distribution. It is useful for testing hypotheses about the equality of two population variances and is also used in conjunction with analysis of variance (ANOVA) and regression analysis.</p>\n"},{"title":"Understand sampling distributions","thumb":null,"image":null,"content":"<p>A sample statistic such as  (the sample mean) can be thought of as a random variable that has its own probability distribution. According to the Central Limit Theorem, the sampling distribution of  is normally distributed if the underlying population is normally distributed and/or the sample size is at least 30.</p>\n<p>The mean of the sampling distribution of is:</p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-301361\" src=\"//coursofppt.com/wp-content/uploads/mean-of-sampling-distribution-x.png\" alt=\"mean of the sampling distribution of X\" width=\"73\" height=\"23\" /></p>\n<p>The standard deviation of the sampling distribution of (known as the <em>standard</em> <em>error</em> of ) depends on the sample size relative to the population size:</p>\n<ul>\n<li>If the sample size is less than or equal to 5 percent of the population size, the sample is small, relative to the size of the population. In this case, the standard error is:<br />\n<img loading=\"lazy\" class=\"aligncenter size-full wp-image-301362\" src=\"//coursofppt.com/wp-content/uploads/standard-error-of-x-small-sample.png\" alt=\"standard error where sample size is less than or equal to 5 percent of the population size\" width=\"93\" height=\"56\" /></li>\n<li>If the sample size is greater than 5 percent of the population size, the sample is large, relative to the size of the population. In this case, the standard error is:<br />\n<img loading=\"lazy\" class=\"aligncenter size-full wp-image-301363\" src=\"//coursofppt.com/wp-content/uploads/standard-error-of-x-large-sample.png\" alt=\"standard error where sample size is greater than 5 percent of the population size\" width=\"171\" height=\"68\" /></li>\n</ul>\n<p class=\"article-tips tip\">The term <img loading=\"lazy\" class=\"aligncenter size-full wp-image-301364\" src=\"//coursofppt.com/wp-content/uploads/finite-population-correction-factor.png\" alt=\"finite population correction factor\" width=\"82\" height=\"66\" /> is known as the finite population correction factor.</p>\n"},{"title":"How to construct confidence intervals","thumb":null,"image":null,"content":"<p>A confidence interval is a range of numbers that’s likely to contain the true value of an unknown population parameter<em>, </em>such as the population mean or proportion. When constructing confidence intervals for the population mean, there are two possible cases:</p>\n<ul>\n<li>The population standard deviation is known.</li>\n<li>The population standard deviation is unknown.</li>\n</ul>\n<p>When the population standard deviation is known, the appropriate form for a confidence interval about the population mean is:</p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-301365\" src=\"//coursofppt.com/wp-content/uploads/confidence-interval-population-mean-deviation-known.png\" alt=\"confidence interval when the population standard deviation is known\" width=\"123\" height=\"55\" /></p>\n<p>When the population standard deviation is unknown, the appropriate form for a confidence interval about the population mean is:</p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-301366\" src=\"//coursofppt.com/wp-content/uploads/confidence-interval-population-mean-deviation-unknown.png\" alt=\"confidence interval when the population standard deviation is unknown\" width=\"115\" height=\"55\" /></p>\n"},{"title":"Explore hypothesis testing in business statistics","thumb":null,"image":null,"content":"<p>Hypothesis testing is carried out to draw conclusions about a population parameter such as the mean, proportion, variance, and so on. Hypothesis testing is a six-step procedure:</p>\n<ol>\n<li>Null hypothesis</li>\n<li>Alternative hypothesis</li>\n<li>Level of significance</li>\n<li>Test statistic</li>\n<li>Critical value(s)</li>\n<li>Decision rule</li>\n</ol>\n<p>The <em>null hypothesis</em> is a statement that is assumed to be true unless there is strong contrary evidence. The <em>alternative hypothesis</em> is a statement that is accepted in place of the null hypothesis if there is sufficient evidence to reject the null hypothesis.</p>\n<p>The <em>level of significance</em> is the probability of incorrectly rejecting the null hypothesis (this is referred to as a Type I Error). A <em>test statistic</em> is a numerical measure that is constructed to determine whether the null hypothesis should be rejected.</p>\n<p>The <em>critical value</em> (or values) shows how extreme the test statistic must be in order to reject the null hypothesis. The <em>decision</em> as to whether or not to reject the null hypothesis is based on a comparison of the test statistic and the critical value (or values).</p>\n<p>When testing hypotheses about the population mean, there are two cases:</p>\n<ul>\n<li>The population standard deviation is known.</li>\n<li>The population standard deviation is unknown.</li>\n</ul>\n<p>When the population standard deviation is known, the test statistic and critical value (or values) are based on the standard normal (Z) distribution.</p>\n<p>The test statistic is:</p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-301368\" src=\"//coursofppt.com/wp-content/uploads/test-statistic-critical-values-population-standard-deviation-known.png\" alt=\"test statistic and critical value(s) based on the standard normal (Z) distribution when population standard deviation is known\" width=\"115\" height=\"65\" /></p>\n<p>The critical values depend on the alternative hypothesis chosen:</p>\n<p>Two-tailed test: <img loading=\"lazy\" class=\"aligncenter size-full wp-image-301369\" src=\"//coursofppt.com/wp-content/uploads/critical-value-two-tailed-test-standard-deviation-known.png\" alt=\"critical value of two-tailed test when population standard deviation is known\" width=\"59\" height=\"30\" /></p>\n<p>Right-tailed test: <img loading=\"lazy\" class=\"aligncenter size-full wp-image-301370\" src=\"//coursofppt.com/wp-content/uploads/critical-value-right-tailed-test-standard-deviation-known.png\" alt=\" critical value of right-tailed test when population standard deviation is known\" width=\"32\" height=\"28\" /></p>\n<p>Left-tailed test: <img loading=\"lazy\" class=\"aligncenter size-full wp-image-301371\" src=\"//coursofppt.com/wp-content/uploads/critical-value-left-tailed-test-standard-deviation-known.png\" alt=\" critical value of two-tailed test when population standard deviation is known\" width=\"43\" height=\"28\" /></p>\n<p>When the population standard deviation is unknown, the test statistic and critical value (or values) are based on the t-distribution.</p>\n<p>The test statistic is:</p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-301372\" src=\"//coursofppt.com/wp-content/uploads/critical-value-t-distribution-standard-deviation-unknown.png\" alt=\"test statistic and critical value(s) based on t-distribution when population standard deviation is unknown\" width=\"107\" height=\"67\" /></p>\n<p>The critical values depend on the alternative hypothesis chosen:</p>\n<p>Two-tailed test: <img loading=\"lazy\" class=\"aligncenter size-full wp-image-301373\" src=\"//coursofppt.com/wp-content/uploads/critical-value-two-tailed-test-standard-deviation-unknown.png\" alt=\" critical value of two-tailed test when population standard deviation is unknown\" width=\"50\" height=\"34\" /></p>\n<p>Right-tailed test: <img loading=\"lazy\" class=\"aligncenter size-full wp-image-301377\" src=\"//coursofppt.com/wp-content/uploads/critical-value-right-tailed-test-standard-deviation-unknown.png\" alt=\"critical value of right-tailed test when population standard deviation is unknown\" width=\"35\" height=\"33\" /></p>\n<p>Left-tailed test: <img loading=\"lazy\" class=\"aligncenter size-full wp-image-301375\" src=\"//coursofppt.com/wp-content/uploads/critical-value-left-tailed-test-standard-deviation-unknown-1.png\" alt=\"critical value of left-tailed test when population standard deviation is unknown\" width=\"48\" height=\"33\" /></p>\n"},{"title":"How businesses use regression analysis statistics","thumb":null,"image":null,"content":"<p>Regression analysis is a statistical methodology that helps you estimate the strength and direction of the relationship between two or more variables. Simple regression is based on the relationship between a dependent variable and a single independent variable, while multiple regression is based on the relationship between a dependent variable and two or more independent variables.</p>\n<p>For simple regression analysis, the population regression line is:</p>\n<p><!--Y<sub>i</sub> = β<sub>0</sub> + β<sub>1</sub>X<sub>i</sub> + ε<sub>i</sub>--><br />\n<img loading=\"lazy\" class=\"aligncenter size-full wp-image-301379\" src=\"//coursofppt.com/wp-content/uploads/simple-regression-analysis-population-regression-line.png\" alt=\"simple regression analysis population regression line\" width=\"192\" height=\"27\" /></p>\n<p>The corresponding sample regression line is:</p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-301378\" src=\"//coursofppt.com/wp-content/uploads/simple-regression-analysis-sample-regression-line.png\" alt=\"sample regression line\" width=\"141\" height=\"40\" /></p>\n<p>The results of regression analysis must be tested to ensure that the results are valid. One of the most important tests is known as the <em>t-test</em>; this is a hypothesis test that is used to determine if the slope coefficient equals zero. If this hypothesis cannot be rejected, it means that the independent variable (X) does not explain the value of the dependent variable (Y).</p>\n<p class=\"article-tips tip\">An important measure that is used to determine how well the regression model fits the sample data is known as the <em>coefficient of determination</em> (R<sup>2</sup>). The closer this measure is to one, the better is the fit of the sample regression line to the sample data.</p>\n"}],"videoInfo":{"videoId":null,"name":null,"accountId":null,"playerId":null,"thumbnailUrl":null,"description":null,"uploadDate":null}},"sponsorship":{"sponsorshipPage":false,"backgroundImage":{"src":null,"width":0,"height":0},"brandingLine":"","brandingLink":"","brandingLogo":{"src":null,"width":0,"height":0},"sponsorAd":"","sponsorEbookTitle":"","sponsorEbookLink":"","sponsorEbookImage":{"src":null,"width":0,"height":0}},"primaryLearningPath":"Advance","lifeExpectancy":"Five years","lifeExpectancySetFrom":"2023-01-31T00:00:00+00:00","dummiesForKids":"no","sponsoredContent":"no","adInfo":"","adPairKey":[]},"status":"publish","visibility":"public","articleId":207822},{"headers":{"creationTime":"2017-03-26T18:01:58+00:00","modifiedTime":"2024-12-05T14:41:15+00:00","timestamp":"2024-12-05T15:01:09+00:00"},"data":{"breadcrumbs":[{"name":"Business, Careers, & Money","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34224"},"slug":"business-careers-money","categoryId":34224},{"name":"Business","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34225"},"slug":"business","categoryId":34225},{"name":"Mergers & Acquisitions","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34245"},"slug":"mergers-acquisitions","categoryId":34245}],"title":"What Are Mergers and Acquisitions?","strippedTitle":"what are mergers and acquisitions?","slug":"what-are-mergers-and-acquisitions","canonicalUrl":"","搜素座舱SEO调整":{"metaDescription":"Mergers and acquisitions (or M&A for short — the M&A world is rife with acronyms and initialisms) is a bit of a catchall phrase. For all intents and purposes, M","noIndex":0,"noFollow":0},"content":"<p><i>Mergers and </i><i>acquisitions</i> (or <i>M&A</i> for short — the M&A world is rife with acronyms and initialisms) is a bit of a catchall phrase. For all intents and purposes, M&A simply means the buying and selling of companies. When you think about it, mergers and acquisitions aren’t different; they’re simply variations on the same theme.</p>\r\n<p>In the strictest sense, a <i>merger</i> is a combination of two or more entities where each merging entity has an equal stake in the new enterprise and each merging entity has a very clearly defined role in the new entity. This ideal is the vaunted <i>merger of equals.</i></p>\r\n<p>Daimler’s 1998 combination with Chrysler was a merger of equals. In a more practical sense, so-called mergers of equals are rare; one side usually ends up controlling the enterprise. For example, the years following the Daimler-Chrysler merger showed that Daimler executives planned all along to control the combined entity.</p>\r\n<p>Although actual mergers do occur, most of the activity in the M&A world centers on one company buying another company, or the acquisitions category. Using the word <i>merger</i> keeps the uninitiated on their toes; plus, talking about combining two companies as equal partners rather than about committing a hostile takeover sounds much more egalitarian.</p>\r\n<p>Mergers are far less common than acquisitions. An <i>acquisition</i> is when one company buys another company, a division of another company, or a product line or certain assets from another company. Actually, an acquisition is when any kind of business purchases another part (or all) of another business.</p>\r\n<p>Although some companies grow <i>organically </i>(from within by creating and selling products or services), an acquisition allows a company to bypass the growth stage by simply buying existing sales and profits.</p>\r\n<p>Starting up a new product line may be less expensive than buying an existing one, but the market may take a while to adapt to the new product, if it does at all. For this reason, buying other companies rather than relying on organic growth may make sense for a particular company.</p>\r\n<p>The fact that one can transfer a company’s ownership through a sale often comes as a bit of surprise to many people (including many business owners, believe it or not). Business owners, especially owners of middle market and lower middle market companies, have spent their careers building a company, so the process of selling a business is often something new and foreign to them.</p>\r\n<p class=\"Tip\">Business with revenues between $250 million and $1 billion are considered middle market. Those between $20 million and $250 million are lower middle market.</p>","description":"<p><i>Mergers and </i><i>acquisitions</i> (or <i>M&A</i> for short — the M&A world is rife with acronyms and initialisms) is a bit of a catchall phrase. For all intents and purposes, M&A simply means the buying and selling of companies. When you think about it, mergers and acquisitions aren’t different; they’re simply variations on the same theme.</p>\r\n<p>In the strictest sense, a <i>merger</i> is a combination of two or more entities where each merging entity has an equal stake in the new enterprise and each merging entity has a very clearly defined role in the new entity. This ideal is the vaunted <i>merger of equals.</i></p>\r\n<p>Daimler’s 1998 combination with Chrysler was a merger of equals. In a more practical sense, so-called mergers of equals are rare; one side usually ends up controlling the enterprise. For example, the years following the Daimler-Chrysler merger showed that Daimler executives planned all along to control the combined entity.</p>\r\n<p>Although actual mergers do occur, most of the activity in the M&A world centers on one company buying another company, or the acquisitions category. Using the word <i>merger</i> keeps the uninitiated on their toes; plus, talking about combining two companies as equal partners rather than about committing a hostile takeover sounds much more egalitarian.</p>\r\n<p>Mergers are far less common than acquisitions. An <i>acquisition</i> is when one company buys another company, a division of another company, or a product line or certain assets from another company. Actually, an acquisition is when any kind of business purchases another part (or all) of another business.</p>\r\n<p>Although some companies grow <i>organically </i>(from within by creating and selling products or services), an acquisition allows a company to bypass the growth stage by simply buying existing sales and profits.</p>\r\n<p>Starting up a new product line may be less expensive than buying an existing one, but the market may take a while to adapt to the new product, if it does at all. For this reason, buying other companies rather than relying on organic growth may make sense for a particular company.</p>\r\n<p>The fact that one can transfer a company’s ownership through a sale often comes as a bit of surprise to many people (including many business owners, believe it or not). Business owners, especially owners of middle market and lower middle market companies, have spent their careers building a company, so the process of selling a business is often something new and foreign to them.</p>\r\n<p class=\"Tip\">Business with revenues between $250 million and $1 billion are considered middle market. Those between $20 million and $250 million are lower middle market.</p>","blurb":"","authors":[{"authorId":9971,"name":"Bill Snow","slug":"bill-snow","description":" \t\t <p><b>Bill Snow</b> is an authority on mergers and acquisitions. He has held leadership roles in public companies, venture&#45;backed dotcoms, and angel funded start&#45;ups. His perspective on corporate development gives him insight into the needs of business owners aiming to create value by selling or acquiring companies. ","hasArticle":false,"_links":{"self":"//dummies-api.coursofppt.com/v2/authors/9971"}}],"primaryCategoryTaxonomy":{"categoryId":34245,"title":"Mergers & Acquisitions","slug":"mergers-acquisitions","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34245"}},"secondaryCategoryTaxonomy":{"categoryId":0,"title":null,"slug":null,"_links":null},"tertiaryCategoryTaxonomy":{"categoryId":0,"title":null,"slug":null,"_links":null},"trendingArticles":null,"inThisArticle":[],"relatedArticles":{"fromBook":[{"articleId":208649,"title":"Mergers and Acquisitions For Dummies Cheat Sheet","slug":"mergers-acquisitions-for-dummies-cheat-sheet","categoryList":["business-careers-money","business","mergers-acquisitions"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/208649"}},{"articleId":188330,"title":"Keys to Successfully Completing an M&A Deal","slug":"keys-to-successfully-completing-an-ma-deal","categoryList":["business-careers-money","business","mergers-acquisitions"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/188330"}},{"articleId":188329,"title":"How to Integrate an Acquisition","slug":"how-to-integrate-an-acquisition","categoryList":["business-careers-money","business","mergers-acquisitions"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/188329"}},{"articleId":188328,"title":"Steps of the M&A Process","slug":"steps-of-the-ma-process","categoryList":["business-careers-money","business","mergers-acquisitions"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/188328"}},{"articleId":177987,"title":"Know Your Company’s Market Position before Embarking on M&A Activity","slug":"know-your-companys-market-position-before-embarking-on-ma-activity","categoryList":["business-careers-money","business","mergers-acquisitions"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/177987"}}],"fromCategory":[{"articleId":208649,"title":"Mergers and Acquisitions For Dummies Cheat Sheet","slug":"mergers-acquisitions-for-dummies-cheat-sheet","categoryList":["business-careers-money","business","mergers-acquisitions"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/208649"}},{"articleId":188330,"title":"Keys to Successfully Completing an M&A Deal","slug":"keys-to-successfully-completing-an-ma-deal","categoryList":["business-careers-money","business","mergers-acquisitions"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/188330"}},{"articleId":188329,"title":"How to Integrate an Acquisition","slug":"how-to-integrate-an-acquisition","categoryList":["business-careers-money","business","mergers-acquisitions"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/188329"}},{"articleId":188328,"title":"Steps of the M&A Process","slug":"steps-of-the-ma-process","categoryList":["business-careers-money","business","mergers-acquisitions"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/188328"}},{"articleId":177987,"title":"Know Your Company’s Market Position before Embarking on M&A Activity","slug":"know-your-companys-market-position-before-embarking-on-ma-activity","categoryList":["business-careers-money","business","mergers-acquisitions"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/177987"}}]},"hasRelatedBookFromSearch":false,"relatedBook":{"bookId":282397,"slug":"mergers-acquisitions-for-dummies","isbn":"9781394169504","categoryList":["business-careers-money","business","mergers-acquisitions"],"amazon":{"default":"//www.amazon.com/gp/product/1394169507/ref=as_li_tl?ie=UTF8&tag=wiley01-20","ca":"//www.amazon.ca/gp/product/1394169507/ref=as_li_tl?ie=UTF8&tag=wiley01-20","indigo_ca":"//www.tkqlhce.com/click-9208661-13710633?url=//www.chapters.indigo.ca/en-ca/books/product/1394169507-item.html&cjsku=978111945484","gb":"//www.amazon.co.uk/gp/product/1394169507/ref=as_li_tl?ie=UTF8&tag=wiley01-20","de":"//www.amazon.de/gp/product/1394169507/ref=as_li_tl?ie=UTF8&tag=wiley01-20"},"image":{"src":"//coursofppt.com/wp-content/uploads/mergers-and-acquisitions-for-dummies-2nd-edition-cover-9781394169504-203x255.jpg","width":203,"height":255},"title":"Mergers & Acquisitions For Dummies","testBankPinActivationLink":"","bookOutOfPrint":true,"authorsInfo":"<p><p><b><b data-author-id=\"9971\">Bill Snow</b></b> is an authority on mergers and acquisitions. 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