Rat Pack Of Stats by 0QZF19

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									The Rat Pack of Stats

Data collection, Surveys, and
          Budgeting
             Session Overview
• Minimizing the pain of surveys and other
  professional survival strategies

• Budgeting and forecasting

• Managing and reporting data
    Dave’s Four Truisms of Surveys
•No matter when they arrive, surveys always
arrive at inopportune times.
•Correct data will morph into incorrect data
when entered into a survey document.
•Surveys require responses to occurrences that
don’t actual exist.
•Survey results provide little or no benefit to the
surveyed.
               The Big 3 (+2)
•IBHE Student Annual Financial Aid Survey
•US News America’s Best Colleges
•Peterson’s Guide
•IPEDS
•National Postsecondary Student Aid Study
          Seven Ways to Minimize
             Survey Discomfort
7. Anticipate arrival and completion dates
6. Prepare consistent data sets
5. Believe it or not...read instructions and definition
   of terms
4. Check variances-10% rule of thumb
3. Double-check your entries
2. Go with JDLR
1. It’s not a crime to “craft” a response (when
   absolutely necessary)---sometimes done is better
   than perfect!
        Budgeting & Forecasting
"A budget is just a method of worrying before you spend
money, as well as afterward."
— Unknown

"Never base your budget requests on realistic assumptions,
as this could lead to a decrease in your funding."
— Scott Adams, Dilbert

"It's clearly a budget. It's got a lot of numbers in it."
— George W. Bush
Budgeting, Forecasting, Reporting
Establish Credibility:
•Accuracy – if there’s one mistake,
are there more?
•Efficacy – data for the sake of
data? What’s the “effect”?
•Reliability – consistently
dependable?
Budgeting, Forecasting, Reporting
Establish Relationships:
•Key holders
•Stake holders
•Benefactors
Budgeting, Forecasting, Reporting
Know your tools:
•System Report Generators – PowerFaids,
SCT Banner
•Reporting Software – Excel, Crystal
Reports
•Stand-alone Software – SPSS, Access
•The Common Data Set
Questions or comments:

Dave Pardieck
Office of Financial Assistance
Bradley University
309-677-3086
dlp@bradley.edu

								
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