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BUS 308 Entire Course (Ash Course) FOR MORE CLASSES VISIT www.bus308outlet.com BUS 308 Week 1 Assignment Problems 1.2, 1.17, 3.3 & 3.22 BUS 308 Week 1 DQ 1 Performance Report BUS 308 Week 1 DQ 2 The Empirical Rule vs. Chebyshev Theorem BUS 308 Week 1 Quiz (10 MCQ) BUS 308 Week 2 Assignments Problems 4.4, 4.20, 5.12, 6.22(a) BUS 308 Week 2 DQ 1 Relative Frequency BUS 308 Week 2 DQ 2 Applications for Probability BUS 308 Week 2 Quiz (10 MCQ) BUS 308 Week 3 Assignments Problems 7.11, 7.30, 8.8, 8.38 BUS 308 Week 3 DQ 1 Unscientific Sampling BUS 308 Week 3 DQ 2 Article Review – PowerPoint PPT presentation

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Title: BUS 308 OUTLET Inspiring Minds/bus308outlet.com


1
BUS 308 OUTLET Perfect Education/bus308outlet.com
  • FOR MORE CLASSES VISIT
  • www.bus308outlet.com

2
BUS 308 Entire Course (Ash Course)  FOR MORE
CLASSES VISIT www.bus308outlet.com    BUS 308
Week 1 Assignment Problems 1.2, 1.17, 3.3
3.22BUS 308 Week 1 DQ 1 Performance ReportBUS
308 Week 1 DQ 2 The Empirical Rule vs. Chebyshev
TheoremBUS 308 Week 1 Quiz (10 MCQ)BUS 308 Week
2 Assignments Problems 4.4, 4.20, 5.12,
6.22(a)BUS 308 Week 2 DQ 1 Relative
FrequencyBUS 308 Week 2 DQ 2 Applications for
ProbabilityBUS 308 Week 2 Quiz (10 MCQ)BUS 308
Week 3 Assignments Problems 7.11, 7.30, 8.8,
8.38BUS 308 Week 3 DQ 1 Unscientific
SamplingBUS 308 Week 3 DQ 2 Article ReviewBUS
308 Week 3 Quiz (10 MCQ)BUS 308 Week 4
Assignments Problems 9.13, 9.22, 12.10,
12.18(a)BUS 308 Week 4 DQ 1 Hypothesis TestBUS
308 Week 4 DQ 2 Creating HypothesesBUS 308 Week
4 Quiz (10 MCQ)BUS 308 Week 5 DQ 1 Linear
Correlation
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BUS 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-TestsBUS 308 Week 2 DQ 2 ANOVA TestingBUS 308
Week 2 QuizBUS 308 Week 2 Problem SetBUS 308
Week 3 DQ 1 Interval DataBUS 308 Week 3 DQ 2
CorrelationBUS 308 Week 3 Assignment Evaluation
of CorrelationsBUS 308 Week 4 DQ 1 Simple
Regression AnalysisBUS 308 Week 4 DQ 2 Multiple
Regressions AnalysisBUS 308 Week 4 Problem
SetBUS 308 Week 4 QuizBUS 308 Week 5 DQ 1
Confidence Intervals
4
BUS 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
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BU 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? Are they
descriptive or inferential data, and what is the
difference between these?
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BUS 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 gra
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BUS 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. An example of a
subjective probability is Cops usually do not
patrol this road, so I can get away with
speeding. An empirical probability example is
Each production run has a 5 reject rate.
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BUS 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
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BUS 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. For example,
descriptive statistics such as means can only be
done on interval or ratio level data.
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BUS 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. 4. Question Temperature
in degrees Fahrenheit is an example of a ____
variable. 5. Question Stem-and-leaf
displays and dot plots are useful for detecting
6. Question Any characteristic of a
population unit is called a
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BUS 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.
Question 4. Question In a frequency
distribution such as a bell-shaped curve, what
does the vertical height of the curve indicate?
Question 5. Question The z transformation
makes data normal.
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BUS 308 Week 1 Quiz   FOR MORE CLASSES VISIT
www.bus308outlet.com     1. Question
Data on the city from which members of a
board of directors come represent interval data.
2. Question Inferential statistics
infer the characteristics of samples. 3.
Question The mode is which of the
following? 4. Question The
standard error of the mean can be calculated by
dividing µ by the square root of the number of
values in the distribution. 5. Question
If a certifying agency raises the
requirements for real estate agents, what sort of
decision error is the agency protecting against?
6. Question Which of the following
defines statistical significance? 7.
Question In a frequency distribution such
as a bell-shaped curve, what does the vertical
height of the curve indicate? 8. Question
Which of the following is a provision of
the central limit theorem? 9. Question
In statistical notation, M is to µ as s is
to s.
13
BUS 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)
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BUS 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?  
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BUS 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
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BUS 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?
17
BUS 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).
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BUS 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
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BUS 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.
2. Question The set of all possible
experimental outcomes is called a(n) 3.
Question If two events are independent, then
the probability of their intersection is
represented by
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BUS 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? Question
4. Question The desired sample size depe
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BUS 308 Week 2 Quiz  FOR MORE CLASSES VISIT
www.bus308outlet.com     1. Question
How is the sum of squares unlike either the
standard deviation or the variance? 2.
Question If sums of squares statistics
are calculated for shoppers at three different
retail outlets,
22
BUS 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
23
BUS 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- subjects (2-factor without
replication in Excel). What examples
(professional, personal, social) can you provide
on when we might use each type?
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BUS 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
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BUS 308 Week 3 DQ 2 Article Review (Ash
Course)  FOR MORE CLASSES VISIT
www.bus308outlet.com     Article 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.).
Find one such article from a reliable source
(such as EBSCO or Proquest) in the online library
that includes a construction of confidence
intervals for the data studied, and give a
summary of the topic and the statistical results
presented. In particular, discuss whether there
is enough information presented in the article to
arrive at the same
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BUS 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?
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BUS 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.)
28
BUS 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
29
BUS 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)  
30
BUS 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
adding confidence intervals help managers accept
the results better? Why? Ask a manger in your
organization if they would prefer a single point
estimate or a range for important measures, and
why? Please share what they say.
31
BUS 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
32
BUS 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.
33
BUS 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. A sample of containers was selected and
the volume of paint in each container was
measured. Assuming that the volume printed on
each container is 1 gallon, how would you
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BUS 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
35
BUS 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 2. Question When carrying out
a sample test (with ó known) of H0 µ 10 vs.
Ha µ gt 10 by using a rejection point, we reject
Ho at level of significance a if and only if the
calculated test statistic is
36
BUS 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.
37
BUS 308 Week 4 Quiz  FOR MORE CLASSES VISIT
www.bus308outlet.com     1. Question
With reference to problem 1, what statistic
determines the correlation of experience with
productivity, controlling for age in experience?
2. Question In a problem where
interest rates and growth of the economy are used
to predict consumer spending, which of the
following will increase prediction error? 3.
Question With reference to problem 3,
how is the regression constant or the a value
interpreted? 4. Question Which of
the following is a problem in simple regression?
38
BUS 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 corr
39
 BUS 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
40
BUS 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. In your
post, briefly define Quality Control and explain
its importance. Also, describe some of the most
widely used tools in the industry for measuring
and controlling quality, emphasizing their
relationship to what you have encountered in this
class. Finally, explain the example from your
article of
41
BUS 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.
42
 BUS 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.
43
BUS 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. 3.Answer
the following questions using your scatterplot
and linear regression line What is the slope of
the linear regression line? What is the
Y-intercept of the linear regression line?
What is the equation of the linear regression
line, in slope-intercept form? Based on the
linear regression line, what would be an
estimated cost of gas in the year2020? What are
the residuals of each year? Select a current
price that you have seen or paid recently for
gas. Is that price within therange of the linear
44
 BUS 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. Using thepreceding statistical analysis
as your basis and outside scholarly resources to
support yourclaims, write a 3 to 5 page paper
interpreting the results from this perspective.
Include thefollowing considerations 1.
Introduce the project and its significance to the
company.
45
BUS 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)? b. Place
the table here.
46
BUS 308 OUTLET Perfect Education/bus308outlet.com
  • FOR MORE CLASSES VISIT
  • www.bus308outlet.com
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