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Question 1

Jurisprudence is the philosophy of law. Scholars have argued for years about the subject of law and why it is necessary to a civilization. Business law, in particular, has come under scrutiny in recent years due to well-publicized scandals that have cost consumers and corporations millions of dollars.

Why do we need laws pertaining to business? In your opinion, which laws or regulations are the most important to conducting business in a fair manner in today's society? Why?

Respond to this...Business laws are important because there are associations between business transactions are with society. Any regulation or legal rights that affect employers, employees, and consumers, as well as how businesses interact internationally, are considered topics of business law.

"The right business entity protects your personal assets from liability and can save you some tax exposure. A trademark protects your brand from use by others. A copyright protects your original work from copying, distribution, use and related activities by others.Agreements protect the interests of your business and the commitments it makes in its relationships.These protections bring you peace of mind. I've watched it in my individual clients. They feel solid; they feel secure; and they no longer feel like they're looking over their shoulder."

http://www.counseltocreativity.com/why-does-law-matter-to-your-business-anyway/

Question 2

Statistics is useful in all fields of studies including business, sports, healthcare and criminal justice just to name a few.

• Discuss how statistics is related to your field of study.
• What question would you be interested in answering?
• What data would you collect and how would you collect the data to help answer this question?
• What statistics do you want to find, such as mean, median, variance?
• What conclusions can be drawn based on the results?

Comment on the examples of your classmates. How may their examples appear in your life?

Respond to this... Nurses can implement the knowledge of statistics for seeing or forecasting the patterns of symptoms caused in the patients so that they can prepare for coping with the uncertain situations. The knowledge of statistics can turn out to be extremely beneficial for the people referred to the medical field. Nurses can use statistics every day. Use stats to determine population sizes, some cases of disease/adverse event, estimated incidence, prevalence, etc. Also, statistics can help you see how useful your work has been. According to Loyola University, " Statistics allow nurses to prioritize treatment and determine whether or not a patient requires follow-up care or immediate medical attention. Nurses can use statistics to identify patterns in vital signs and symptoms so they can make informed decisions to better respond to a patient's changing medical status. Even the use data sheets or frequency charts to document the timing of medications given to patients is a way nurses can use statistics.What question would you be interested in doing? What is the difference between qualitative and quantitative? Is it continuous or categorical? What point of measurement is it? The result is that it is the Quantitative, Continuous, and Interval/ratio. The data will be to plan a study determining whether there is a dispute in the average fasting blood glucose in people with diabetes randomized either to a strict dietary intervention or a diet and exercise intervention.

Reference

Why Nurses Need to Understand Statistics. (2016, September 19). Retrieved April 04, 2017, from http://elearning.loyno.edu/masters-nursing-degree-online/resource/why-nurses-need-to-understand-statistics.

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