Do you use probability in your profession or real life? You most likely do without consciously knowing it. Share one example of how you have used probability in your life. Were you able to determine the probability based on the classical method, the relative frequency method, or the subjective method? Explain. Now think about all of the times you do use probability each day and explain which of the three methods you utilize the most throughout the day and why.Your document should be minimum 400 words. Please have credible resources.E-textbook:OpenStax. (2019). Introductory statistics. CC BY-SA. Houston, TX: OpenStax College. Retrieved from https://cnx.org/contents/MBiUQmmY@23.21:kcV4GRqc@17/Preface

Imagine that you are a financial manager researching investments for your client. Think of a friend or a family member as a client. Define her or his characteristics and goals such as an employee or employer, relatively young (less than 40 years) or close to retirement, having some savings/property, a risk taker or risk averter, etc. Next, use Nexis Uni at the Strayer University library, located at Nexis Uni, click on "Company Dossier" to research the stock of any U.S. publicly traded company that you may consider as an investment opportunity for your client. Your investment should align with your client's investment goals. (Note: Please ensure that you are able to find enough information about this company in order to complete this assignment. You will create an appendix, in which you will insert related information.)Your final financial research report will be 6 to 8 pages long and be completed in two parts as noted below. This assignment requires you to use at least five quality academic resources and cover the following topics: Rationale for choosing the company in which to invest Ratio analysis Stock price analysis Recommendations Refer to the following resources to assist with completing your assignment:Stock Selection Forbes: "Six rules to follow when picking stocks" CNN Money: "Stocks: Investing in stocks" The Motley Fool: "13 steps to investing foolishly" Seeking Alpha: "The Graham And Dodd Method For Valuing Stocks" Investopedia: "Guide to Stock-Picking Strategies" Seeking Alpha: "Get Your Smart Beta Here! Dividend Growth Stocks As 'Strategic Beta' Investments" Market and Company Information U.S. Securities and Exchange Commission: "Market structure" Yahoo! Finance Mergent Online (Note: This resource is also available through the Strayer Learning Resource Center.) Seeking Alpha (Note: This is also available through the Android or iTunes App store.) Morningstar (Note: You can create a no-cost Basic Access account.) Research Hub, located in the left menu of your course in Blackboard Part 1 Due Week 7 (1 to 2 pages) (Part 1 complete.. please use and adjust as needed.) Provide a rationale for the stock that you selected, indicating the significant economic, financial, and other factors that led you to consider this stock. Suggest the primary reasons why the selected stock is a suitable investment for your client. Include a description of your client's profile. Just list five resources you'll use to complete this assignment and begin to build your reference list. Remember you must use at least five quality academic resources for the final assignment. Part 2 Due Week 9 (6 to 8 pages including #1 and #2 from Part 1) Include your rationale, primary reasons for stock selection, and client's profile from Part 1, making any revisions based upon Part 1 feedback if applicable. Select any five financial ratios that you have learned about in the text. Analyze the past 3 years of the selected financial ratios for the company; you may obtain this information from the company's financial statements. Determine the company's financial health. (Note: Suggested ratios include, but are not limited to, current ratio, quick ratio, earnings per share, and price earnings ratio.) Based on your financial review, determine the risk level of the stock from your investor's point of view. Indicate key strategies that you may use in order to minimize these perceived risks. Provide your recommendations of this stock as an investment opportunity. Support your rationale with resources, such as peer-reviewed articles, material from the Strayer University Library, and reviews by market analysts. Conduct a literature review and list at least five quality academic resources. Note: Wikipedia and other similar websites do not qualify as academic resources.

Create a descriptive statistics table and histogram for selected variables in a dataset. Write a 2-3 page narrative summary in a Word document and insert the table and histogram graphic into this document.IntroductionNote: You are strongly encouraged to complete the assessments in this course in the order they are presented.Descriptive statistics play an important role in analyzing data. It numerically summarizes key characteristics of variables. Measures of central tendency (mean, median, and mode) and dispersion (variance, standard deviation, and range) characterize the probability distribution. A histogram visualizes the distribution of numerical data indicating the number of data points that lie within a range of values. For this assessment, you will perform descriptive statistics and create a histogram for selected variables in a dataset.OverviewNote: Complete the assessments in this course in the order in which they are presented.Data Analysis SoftwareTo complete the assessments in this course, you will need to use data analysis software to complete statistical calculations, create graphs, and tabular summaries, and share your results in a Microsoft Word document. You will use Microsoft Excel and Microsoft Excel Analysis ToolPak add-in. Be aware that not all statistical calculations, graphs, and tabular summaries can be completed in this software, so you may need to do some work outside of the software.Microsoft Excel Data Analysis ToolPak Add-In for PC and MacMicrosoft Excel Analysis ToolPak Activation for PC Users: The Microsoft Excel Analysis ToolPak is a specialized Excel add-in included in the standard Microsoft Office suite. If your Excel software meets the standard Capella University Computer Requirements, you will not need to purchase this software. However, you may need to activate the application before you can use it. If you do not own Microsoft Excel, Capella arranges for a significant discount for Microsoft Office for Capella learners. The following provides an overview of the Analysis ToolPak, instructions for loading and activation and instructions on using the ToolPak to perform data analysis. Note that these instructions are for 2016 and older versions of Microsoft Excel for PC and for the 2016 version only for Mac. If you are using a different version, you may need to search Microsoft's website for the appropriate instructions.Use the Analysis ToolPak to Perform Complex Data Analysis.Preparation Download the Assessment 1 Dataset [XLSX]. The dataset contains the following variables:utilization (average number of patient days per month).satisfaction (patient satisfaction scores percentile rank).readmissions (readmission rate per month).InstructionsNursing home administration has the objectives of higher utilization, higher patient satisfaction, and lower readmissions, and they need to make a decision on whether to retain the department manager based on average performance over the past 70 months. For this assessment, create a descriptive statistics table and histogram based on the Assessment 1 Dataset. Write a narrative summary in a Word and insert the table and histogram graphic into this document. See Copy From Excel to Another Office Program for instructions. Submit both the Word document and the Excel file that shows the descriptive statistics output.Grading CriteriaThe numbered assessment instructions outlined below correspond to the grading criteria in the Descriptive Statistics and Data Visualizations Scoring Guide, so be sure to address each point. You may also want to review the performance-level descriptions for each criterion to see how your work will be assessed.Perform the appropriate descriptive statistics for selected variables in a dataset.Report descriptive statistics table with measures of central tendency and dispersion.Create a histogram that visually depicts the distribution of selected variables in a dataset.Interpret statistical results used in the data analysis.Write a narrative summary of the results that includes practical, administration-related implications of the descriptive statistics.Write a separate summary for the histogram.Write clearly and concisely, using correct grammar, mechanics, and APA formatting.Additional RequirementsYour assessment should meet the following requirements:Written communication: Write clearly, accurately, and professionally, incorporating sources appropriately.Length: 2–3 pagesResources: Not applicable.APA format: Cite your sources using current APA format.Font and font size: Times Roman, 12 point.Competencies MeasuredBy successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:Competency 2: Analyze data using computer-based programming and software.Perform the appropriate descriptive statistics for selected variables in a dataset.Competency 3: Interpret results of data analysis for value-based health care decisions, policy, or practice.Interpret statistical results used in the data analysis.Competency 4: Present results of data analysis to support a decision or recommendation.Create a histogram that visually depicts the distribution of selected variables in a dataset.Write a narrative summary of the results that includes practical, administration-related implications of the descriptive statistics.Competency 5: Communicate audience-appropriate health management content in a logically structured and concise manner, writing clearly with correct use of grammar, punctuation, spelling, and APA style.Write clearly and concisely, using correct grammar, mechanics, and APA formatting.SCORING GUIDEUse the scoring guide to understand how your assessment will be evaluated.