Analysis Price Of The Unipacket Petrol

The present project is the analysis of the data we collected. The data was collected from four locations – Inner city, Outskirts of city, Suburbs and remote regions. The data regarding the oil prices were collected from equal number of locations. The brands of oils were Shell and Caltex. Data was collected from 224 stations, equally divided amongst the two stations. The response variable of the study is the price of the unipacket petrol. The independent variables are the station from which the petrol is being purchased and the location of the petrol station. The research question for the project is: Does location of the station affect the price of petrol? To answer the above research question three hypothesis were developed. Null Hypothesis: The station brand has no effect on the price of petrol Alternate hypothesis: The station brand has an effect on the price of petrol. Null Hypothesis: The Location of the station has no effect on the price of petrol Alternate Hypothesis: The Location of the station has an effect on the price of petrol Null Hypothesis: There is no effect of the station brand and the location of the petrol station on the price of petrol Alternate Hypothesis: The station brand and the location of the petrol station is linked by the price of petrol. To answer the above question we used the two factorial ANOVA. Table 1: Frequency of Station brand and Location of the petrol station Table 2: Descriptive statistics of the price of petrol based on the Station brand and Location of the station a. R Squared = .416 (Adjusted R Squared = .397) Table 3: Between subject effects of the price of petrol based on the Station brand and Location of the station From table 3 we find that there are statistically significant interaction between the station brand of petrol and the location of the petrol station, F(3,216)= 40.393, p = 0.000. We also find that there are statistically significant differences between the station brand and the price of petrol F(1,216)=6.272, p = 0.013. In addition, we also find that there are statistically significant differences between the location of the petrol station and the price of the petrol F(3,216) = 8.843, p = 0.000. From figure 1 and table 2 we find that the price of station brand â€Å"S† petrol is the lowest at the outskirts of the city, and the highest at the remote region. The price of station brand â€Å"NS† is the highest at the outskirts of the city and the lowest at the inner city location. From the above analysis we find that the price of unipacket petrol varies with the location and the brand of petrol station. With a decade's experience in providing essay help,

Choosing MBA Program Essay Example | Topics and Well Written Essays - 1000 words

Choosing MBA Program - Essay Example The most vital factor considered when choosing an MBA program is the cost of the program. In Canada, the most expensive business administration programs are offered in Rotman (Toronto), Ivey (Western), Queens, Schulich (York) and Desautels. Their prices range from $50,000 to around $100,000. Also, the cheapest business administration programs range from $5,000 to approximately $10,000. They are offered in institutions such as the University of Quebec, Royal Military College, Sherbrooke, Laval and Memorial (MBA Programs.org., 2012). The other factors considered when selecting an MBA program include the teaching quality, peer group, competition, international accreditation, reputation of the school, curriculum, and bilingualism among other factors (Hecterra Inc., 2012). All these factors are of vital importance before an individual selects his or her Masters in Business Administration program of choice. When one earns a Masters in Business Administration degree, they are able provide m anagement skills and business skills. Furthermore, the program shapes one’s vision to do international business. Most school profiles provide convenient information regarding the programs (Bragg, 2011). In Canada, these programs at accredited schools are similar to those in Anglo-Saxon countries. This is because the accreditation standards are not similar in most countries. Some states have various legal requirements for accreditation. Firstly, the learners cover a wide field of programs. Afterwards, in their second year they specialize on their curriculum of interest. Most of the business administration programs provide training which goes beyond general business management. Additionally, the programs allow the individual to earn joint degrees (Corbett, 1998). The full-time and part-time Masters in Business Administration programs are often seen as the tradition education model. This is mainly because the students cover a wide range of topics in their first year. Lucky enoug h, the part-time MBA programs are flexible because, the student can multitask. This asserts that learners are able to work while subsequently pursuing their studies since; there programs require less class time (Corbett, 1998). In this case, I have chosen to specialize in the accounting field. The Master of Accountancy is regarded as a graduate professional degree which prepares the learners for public accounting. Furthermore, this field of specialization provides the learner with 150 credit hours as required by most states before taking the Uniform Certified Public Accountant Examination. The program runs for a period of one year which contains over twelve semester credit courses. On the contrary, the accounting field is not liable for preparing the learners to undertake (Certified Public Accountant) CPA examinations. From research, after graduating, one enters into the consulting or the corporate accounting field. Alternatively, the graduates have the capability to pursue Certifie d Internal Auditor (CIA) or Certified Management Accountant (CMA) among other certificate programs. For online accredited programs, accounting allows learners to perform duties such as financial planning, information technology operations, reviewing corporate budgets among other operations. The Master of Accounting Program (MAcc) also develops the learner’

Discussion Board 6 Assignment Example | Topics and Well Written Essays - 250 words - 1

Discussion Board 6 - Assignment Example NASA was blamed for creating a cover up story as well as creating complex aircrafts and recognizing the risk without taking necessary precautions while BP did not get much blame for remaining true to the disaster’s outcome even though they ignored the risks behind their oil drilling project. (47). The oil industry spends most money on researching for safe drilling operation while ignoring the possible outcome of a disaster spillage (Meredith & Mantel, 2012). For instance, BP spends approximately 29 million dollars in a span of 3years on the research of safe drilling methods. Robert Wine, the company’s spokesman admitted that the company does not invest on oil spill cleanup researches but support the non-governmental ‘oil spill response organizations’. (48). Million dollar firms have public relation departments whose primary purpose is to respond to emergencies. For instance, the NASA took much of the blame from the Gulf oil spill due to its reaction to the disaster (Meredith & Mantel, 2012). In this case, multibillion dollar firm have public relation departments whose role is to respond to emergencies thus preventing the companies from incurring losses when responding to disaster. (49). The NASA and FMEA have both similarities and differences in there in their approach to risk. Both the NASA and FMEA have ways of protecting the might fail. They also have ways of estimating the likelihood of a fail (Meredith & Mantel, 2012). Both firms have ways of estimating the likelihood of failure occurrences and severity of the mission. However the FMEA has devised possible ways of protecting the might fail while NASA has not gone to such