Title: BUS 308 OUTLET Peer Educator/ bus308outlet.com
1BUS 308 OUTLET Peer Educator/ bus308outlet.com
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2BUS 308 Entire Course (New) FOR MORE CLASSES
VISIT www.bus308outlet.com  BUS 308 Week 1 DQ 1
Data ScalesBUS 308 Week 1 DQ 2 ProbabilityBUS
308 Week 1 QuizBUS 308 Week 1 Problem Set Week
OneBUS 308 Week 2 JournalBUS 308 Week 2 DQ 1
t-Tests
3BUS 308 Week 1 Assignment Problems 1.2, 1.17, 3.3
and 3.22 (Ash Course) FOR MORE CLASSES VISIT
www.bus308outlet.com   BUS 308 Week 1 Problems
1.2, 1.17, 3.3 and 3.22
4BUS 308 Week 1 DQ 1 Language FOR MORE CLASSES
VISIT www.bus308outlet.com  Discussion
1-1/Language Numbers and measurements are the
language of business. Organizations look at
results in many ways expenses, quality levels,
efficiencies, time, costs, etc. What measures
does your department keep track of?
5BUS 308 Week 1 DQ 1 Performance Report (Ash
Course) FOR MORE CLASSES VISIT
www.bus308outlet.com   You are the manager at
a company and are asked to present a report on
the year-to-date performance of your division.
What type of statistical information would you
include in your report? In particular, which
descriptive statistics (mean, median, standard
deviation, etc.) do you think would best
represent the main aspects of the performance of
your division? What types of graphical
presentation (histogram, dot plot, stem-and-leaf,
bar chart, etc.) would you include? Explain your
reasoning
6BUS 308 Week 1 DQ 2 Probability FOR MORE
CLASSES VISIT www.bus308outlet.com  Things vary
in life virtually nothing (except physical
standards such as the speed of light) we interact
with is constant over time. Much of this
variation follows somewhat predictable patterns
that can be examined using probability.
7BUS 308 Week 1 DQ 2 The Empirical Rule vs.
Chebyshev Theorem (Ash Course) FOR MORE CLASSES
VISIT www.bus308outlet.com   The Empirical
Rule vs. Chebyshevs TheoremDiscuss how the
Empirical Rule works and how it relates to the
bell curve as illustrated in Figure 3.14 (a).
Then, explain Chebyshevs Theorem and how it is
different from the Empirical Rule. Give a
specific example of a population with which the
Empirical Rule might be most effective and one
with which Chebyshevs Theorem might be most
effective. Respond to at least two of your
classmates postings.
8BUS 308 Week 1 Problem Set FOR MORE CLASSES
VISIT www.bus308outlet.com  1. For assistance
with these calculations, see the Recommended
Resources for Week One. Measurement issues.
Data, even numerically code variables, can be
one of 4 levels nominal, ordinal, interval, or
ratio. It is important to identify which level a
variable is, as this impacts the kind of analysis
we can do with the data.
9BUS 308 Week 1 Quiz (10 MCQ) (Ash Course) FOR
MORE CLASSES VISIT www.bus308outlet.com   1.
Question The two types of quantitative
variables are 2. Question As a general
rule, when creating a stem-and-leaf display,
there should be between ______ stem values.
3. Question The median is the value below which
and above which approximately 50 percent of the
measurements lie.
10BUS 308 Week 1 Quiz (New) FOR MORE CLASSES
VISIT www.bus308outlet.com   1. Question In
statistical notation, M is to µ as s is to s.
Question 2. Question A parameter refers to a
sample characteristic. Question 3. Question
Data on the city from which members of a board of
directors come represent interval data.
11BUS 308 Week 2 Assignments Problems 4.4, 4.20,
5.12, 6.22(a) (Ash Course) FOR MORE CLASSES
VISIT www.bus308outlet.com   BUS 308 Week 2
Assignments Problems 4.4, 4.20, 5.12, 6.22(a)
12BUS 308 Week 2 DQ 1 Hypotheses FOR MORE CLASSES
VISIT www.bus308outlet.com   Discussion
2-1/Hypotheses What is a hypothesis test? Why do
we need to use them to make decisions about
relating sample results to the population why
cant we just make our decisions by the sample
value?
13BUS 308 Week 2 DQ 1 Relative Frequency (Ash
Course) FOR MORE CLASSES VISIT
www.bus308outlet.com   Relative Frequency.
Conceptually we would expect the probability of
newborn males and females to be the same.
However, census reports indicate that the ratios
of males and females in various countries do not
conform to the theoretical prediction. What do
you think accounts for this variation? Can you
think of other cases where the expected
probabilities do not quite agree with the
empirical values?
14BUS 308 Week 2 DQ 2 Applications for Probability
(Ash Course) FOR MORE CLASSES VISIT
www.bus308outlet.com   Applications for
Probability. In what situations might you use
probability as a manager to approach
business-related problems? What are the
advantages to using probability concepts in
business decisions? Are there any disadvantages
or possible pitfalls to avoid in using
probability in business?
15BUS 308 Week 2 DQ 2 Variation FOR MORE CLASSES
VISIT www.bus308outlet.com   Variation exists
in virtually all parts of our lives. We often
see variation in results in what we spend
(utility costs each month, food costs, business
supplies, etc.). Consider the measures and data
you use (in either your personal or job
activities). When are differences (between one
time period and another, between different
production lines, etc.) between average or actual
results important?
16BUS 308 Week 2 Problem Set FOR MORE CLASSES
VISIT www.bus308outlet.com   Problem Set Week
TwoComplete the problems below and submit your
work in an Excel document. Be sure to show all of
your work and clearly label all calculations.
All statistical calculations will use the
Included in the Week Two tab of theEmployee
Salary Data Set are 2 one-sample t-tests
comparing male and female average salaries to the
overall sample mean.
17BUS 308 Week 2 Quiz (10 MCQ) (Ash Course) FOR
MORE CLASSES VISIT www.bus308outlet.com   1.
Question In a statistical study, the random
variable X 1, if the house is colonial, and X
0 if the house is not colonial, then it can be
stated that the random variable is continuous.
18BUS 308 Week 2 Quiz (New) FOR MORE CLASSES VISIT
www.bus308outlet.com   1. Question What is
the relationship between the power of a
statistical test and decision errors? Question
2. Question The desired sample depends on all
of these factors except? Question 3. Question
What question does the z test answer?
19BUS 308 Week 3 Assignments Problems 7.11, 7.30,
8.8, 8.38 (Ash Course) FOR MORE CLASSES VISIT
www.bus308outlet.com   BUS 308 Week 3
Assignments Problems 7.11, 7.30, 8.8, 8.38
20BUS 308 Week 3 DQ 1 ANOVA FOR MORE CLASSES
VISIT www.bus308outlet.com   In many ways,
comparing multiple sample means is simply an
extension of what we covered last week. Just as
we had 3 versions of the t-test (1 sample, 2
sample (with and without equal variance), and
paired we have several versions of ANOVA
single factor, factorial (called 2-factor with
replication in Excel), and within-
21BUS 308 Week 3 DQ 1 Unscientific Sampling (Ash
Course) FOR MORE CLASSES VISIT
www.bus308outlet.com   Unscientific Sampling.
Consider question 7.45 from the text A Milwaukee
television station, WITI-TV, conducted a
telephone call-in survey asking whether viewers
liked the new newspaper, the Journal Sentinel. On
April 26, 1995, Tim Cuprisin, a columnist for the
Journal Sentinel, wrote the following comment
WITI-TV (Channel 6) did one of those polls
22BUS 308 Week 3 DQ 2 Article Review (Ash Course)
FOR MORE CLASSES VISIT www.bus308outlet.com   A
rticle Review. Many articles present statistical
data and list margins of error (for example,
reports on political opinion polls, growth or
decline of the housing markets, manufacturing
sectors, etc.).
23BUS 308 Week 3 DQ 2 Effect Size FOR MORE
CLASSES VISIT www.bus308outlet.com   Several
statistical tests have a way to measure effect
size. What is this, and when might you want to
use it in looking at results from these tests on
job related data?
24BUS 308 Week 3 Problem Set FOR MORE CLASSES
VISIT www.bus308outlet.com   ASSIGNMENT WEEK
3 Complete the problems below and submit your
work in an Excel document. Be sure to show all of
your work and clearly label all calculations. All
statistical calculations will use the (Note
Questions 1- 4 have additional elements to
respond to below the analysis results.)
25BUS 308 Week 3 Quiz (10 MCQ) (Ash Course) FOR
MORE CLASSES VISIT www.bus308outlet.com   1.
Question There is little difference between the
values of ta/2 and Za/2 when the sample 2.
Question If the population proportion is .4
with a sample size of 20, then is this sample
large enough so that the sampling distribution of
is a normal distribution.
26BUS 308 Week 4 Assignments Problems 9.13, 9.22,
12.10, 12.18(a) (Ash Course) FOR MORE CLASSES
VISIT www.bus308outlet.com   BUS 308 Week 4
Assignments Problems 9.13, 9.22, 12.10, 12.18(a)
27BUS 308 Week 4 DQ 1 Confidence Intervals FOR
MORE CLASSES VISIT www.bus308outlet.com   Discu
ssion 4-1/Confidence Intervals Many people do not
like or trust single point estimates for
things they need measured. Looking back at the
data examples you have provided in the previous
discussion questions on this issue, how might
28BUS 308 Week 4 DQ 1 Hypothesis Test (Ash
Course) FOR MORE CLASSES VISIT
www.bus308outlet.com   Give an example of a
hypothesis test you could perform at work or at
home. State what the Null and the Alternative
hypotheses would be in your test. Explain how you
would settle on a reasonable level of
significance for your scenario. Also explain what
the type I and II errors would be if you reached
the incorrect conclusion in your test.
29BUS 308 Week 4 DQ 2 Chi-Square Tests FOR MORE
CLASSES VISIT www.bus308outlet.com   Discussion
4-2/Chi-Square Tests Chi-square tests are great
to show if distributions differ or if two
variables interact in producing outcomes. What
are some examples of variables that you might
want to check using the chi-square tests? What
would these results tell you?
30BUS 308 Week 4 DQ 2 Creating Hypotheses (Ash
Course) FOR MORE CLASSES VISIT
www.bus308outlet.com   Creating Hypotheses.
Assume you are the manager of a paint
manufacturing factory. Your company has received
complaints from customers that the containers
hold less than the amount printed on them. On the
other hand, corporate management is concerned
that the containers hold more than the standard
amount. You assign a statistician to verify these
claims.
31BUS 308 Week 4 Problem Set FOR MORE CLASSES
VISIT www.bus308outlet.com   ASSIGNMENT WEEK
4 Lets look at some other factors that might
influence pay. Complete the problems below and
submit your work in an Excel document. Be sure to
show all of your work and clearly label all
calculations. All statistical calculations will
use the
32BUS 308 Week 4 Quiz (10 MCQ) (Ash Course) FOR
MORE CLASSES VISIT www.bus308outlet.com   1.
Question Consider using p-value to test H0
versus Ha by setting a equal to .10. We reject H0
at level a of significance if and only if the
p-value is
33BUS 308 Week 4 Quiz (New) FOR MORE CLASSES
VISIT www.bus308outlet.com   1. Question The
goodness of fit test null hypothesis states that
the sample data does not match an expected
distribution. Question 2. Question
Statistical significance in the Chi-square test
means the population distribution (expected) is
not the source of the sample (observed) data.
34BUS 308 Week 5 DQ 1 Correlation FOR MORE
CLASSES VISIT www.bus308outlet.com   Discussion
5-1/Correlation What results in your
departments seem to be correlated or related to
other activities? How could you verify this?
Create a null and alternate hypothesis for one of
these issues. What are the managerial
implications of a correlation between these
variables?
35BUS 308 Week 5 DQ 1 Linear Correlation (Ash
Course) FOR MORE CLASSES VISIT
www.bus308outlet.com   Linear Correlation. Do
you think there is a correlation between CEO
salaries and the degree of success of a company?
If you were to take a sample of companies with
comparable size, market capitalization, and
product category, and plot CEO salaries against
the net profit of their respective companies, do
you expect to find a linear correlation between
the two? Explain
36BUS 308 Week 5 DQ 2 Quality Control (Ash
Course) FOR MORE CLASSES VISIT
www.bus308outlet.com   Quality Control. Visit
the websites on Quality Control (QC) listed in
the Required Websites for this week. In addition,
locate an article on the Internet or in the
Library databases that describes an example of
the use of statistics in Quality Control.
37BUS 308 Week 5 DQ 2 Regression FOR MORE CLASSES
VISIT www.bus308outlet.com   Discussion
5-2/Regression At times we can generate a
regression equation to explain outcomes. For
example, an employees salary can often be
explained by their pay grade, appraisal rating,
education level, etc.
38BUS 308 Week 5 Final Paper (2 Papers) FOR MORE
CLASSES VISIT www.bus308outlet.com   This
tutorial contains 2 Different Papers The final
paper provides you with an opportunity to
integrate and reflect on what you have learned
during the class.
39BUS 308 Week 5 Final Part I - Excel (Ash
Course) FOR MORE CLASSES VISIT
www.bus308outlet.com   Calculate the mean
yearly value using the average gas prices by
month found in the"Final Project Data
Set". 2.Using the years as your x-axis and the
annual mean as your y-axis, create a
scatterplotand a linear regression line.
40BUS 308 Week 5 Final Part II Analysis Paper on
gas prices FOR MORE CLASSES VISIT
www.bus308outlet.com   Imagine that you are a
manager at a delivery service and you are
creating a report toproject the effects on your
company of rising gas prices in the next ten
years.
41BUS 308 Week 5 Problem Set FOR MORE CLASSES
VISIT www.bus308outlet.com   ASSIGNMENT WEEK
5 1. Create a correlation table for the
variables in our (Use analysis ToolPak or
StatPlusmac LE function Correlation). a.
Reviewing the data levels from week 1, what
variables can be used in a Pearsons Correlation
Table (which is what Excel produces)?
42BUS 308 OUTLET Peer Educator/ bus308outlet.com
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- www.bus308outlet.com