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For more course tutorials visit www.bus308.com BUS 308 Week 1 DQ 1 Language BUS 308 Week 1 DQ 2 Probability BUS 308 Week 1 Quiz BUS 308 Week 1 Problem Set – PowerPoint PPT presentation

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Title: BUS 308 Course Real Knowledge / bus308dotcom


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BUS 308 Course Real Knowledge / bus308dotcom
For More Tutorials
www.bus308.com
2
BUS 308 Course Real Knowledge / bus308dotcom
  • BUS 308 Entire Course(New)
  • BUS 308 Week 1 DQ 1 Language
  • BUS 308 Week 1 DQ 1 Language
  • BUS 308 Week 1 DQ 2 Probability
  • BUS 308 Week 1 Quiz
  • BUS 308 Week 1 Problem Set
  • BUS 308 Week 1 Quiz (New)
  • 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?

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BUS 308 Course Real Knowledge / bus308dotcom
  • BUS 308 Week 1 DQ 2 Probability
  • BUS 308 Week 1 Problem Set
  • 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.
  • 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.

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BUS 308 Course Real Knowledge / bus308dotcom
  • BUS 308 Week 1 Quiz (New)
  • BUS 308 Week 1 Quiz
  • 1. Question In statistical notation, M is to µ
    as s is to s.
  • 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
  • 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?

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BUS 308 Course Real Knowledge / bus308dotcom
  • BUS 308 Week 2 DQ 1 Hypotheses
  • BUS 308 Week 2 DQ 2 Variation
  • 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?
  • 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 Course Real Knowledge / bus308dotcom
  • BUS 308 Week 2 Problem Set
  • BUS 308 Week 2 Quiz (New)
  • 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
  • 1. Question What is the relationship between
    the power of a statistical test and decision
    errors?
  • 2. Question The desired sample depends on all
    of these factors except?
  • 3. Question What question does the z test
    answer?

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BUS 308 Course Real Knowledge / bus308dotcom
  • BUS 308 Week 2 Quiz
  • BUS 308 Week 3 DQ 1 ANOVA
  • 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, what statistic will indicate the
    variability among those at each outlet?
  • 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).

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BUS 308 Course Real Knowledge / bus308dotcom
  • BUS 308 Week 3 DQ 2 Effect Size
  • BUS 308 Week 3 Problem Set
  • 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?
  • 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.)

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BUS 308 Course Real Knowledge / bus308dotcom
  • BUS 308 Week 4 DQ 1 Confidence Intervals
  • BUS 308 Week 4 DQ 2 Chi-Square Tests
  • Discussion 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?
  • 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?

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BUS 308 Course Real Knowledge / bus308dotcom
  • BUS 308 Week 4 Problem Set
  • BUS 308 Week 4 Quiz (New)
  • 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.
  • 1. Question The goodness of fit test null
    hypothesis states that the sample data does not
    match an expected distribution.
  • 2. Question Statistical significance in the
    Chi-square test means the population distribution
    (expected) is not the source of the sample
    (observed) data.

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BUS 308 Course Real Knowledge / bus308dotcom
  • BUS 308 Week 4 Quiz
  • BUS 308 Week 5 DQ 1 Correlation
  • 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?
  • 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?

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BUS 308 Course Real Knowledge / bus308dotcom
  • BUS 308 Week 5 DQ 2 Regression
  • BUS 308 Week 5 Final Paper (2 Papers)
  • 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. What variables
    might explain or predict an outcome in your
    department or life?
  • 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.The question to address is
    What have you learned about statistics?

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BUS 308 Course Real Knowledge / bus308dotcom
  • BUS 308 Week 5 Problem Set
  • ASSIGNMENT WEEK 5 Create a correlation table for
    the variables in our (Use analysis ToolPak or
    StatPlusmac LE function Correlation). Reviewing
    the data levels from week 1, what variables can
    be used in a Pearsons Correlation Table (which
    is what Excel produces)? Place the table here.

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BUS 308 Course Real Knowledge / bus308dotcom
For More Tutorials
www.bus308.com
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