Economics of Sports Projects Assignment Example | Topics and Well Written Essays - 500 words

Economics of Sports Projects - Assignment Example streak since probability if making a hit after three misses is 83.3% which is higher than the probability of making a hit after three hits with a probability of 50%. The calculated correlation coefficient is negative. This therefore does not show evidence of the hot hand. Given a player has made one or two hits; their opponents will usually try to improve their defensive mechanism on the particular player and therefore take away the players successive shooting streaks. Defensive strategies can be the probable cause for the negative correlation between successive hits. The evidence suggests existence of hot hand. The Z statistic reported above test the significance of the variation between the expected and the observed number of runs. There is always a significant difference between the expected value and observed value for individual players. Run tests performed on each player within individual games reveal compelling results. Considering the 76ers and their opponents, data obtained of 727 basketball players show game records of more than two runs. When the observed number of runs and expected number of runs are compared there is no sufficient evidence to provide any basis for rejecting the hot hand hypothesis. Clearly 13.55% calculated is less than 13.6% tabulated therefore we accept the null

Controlling at UPS Essay Example | Topics and Well Written Essays - 1250 words

Controlling at UPS - Essay Example As the report declares UPS has a firmly entrenched management development process that begins the first day of hire for a manager. This managerial development process is UPS’ method to instill effective planning within its daily operations as well as its overall strategy in response to constant innovation in its industry. Again, it’s one derived from the founder’s philosophy of â€Å"constructive dissatisfaction† which stipulates that management should never be content because operations are working, but should continually search for ways to improve on the positive. This paper stresses that when management is ingrained with this type of corporate culture it learns to plan as a matter of practice. UPS could not effectively be the company it is if each individual manager at each level treated his or her own area of responsibility as a fiefdom since each department relies on the functions of so many others. To institute this structured management training and to instill in employees that sense of responsibility and trust in the training of others to perform in the same manner, UPS has traditionally instituted all training in a classroom environment. Because UPS daily moves 6% of the Nation’s GDP, operates the 11th largest airline in the world, has the largest private wireless network, and operates the largest DB2 database outside of government. UPS has begun to incorporate its training and indoctrination programs into its corporate technology infrastructure: â€Å"The information services side of UPS recently transitioned much of its learni ng to an e-learning format†¦Ã¢â‚¬ .