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## BUS 308 Innovative Educator/bus308.com

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### For more course tutorials visit www.bus308.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 BUS 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 Test BUS 308 Week 4 DQ 2 Creating Hypotheses BUS 308 Week 4 Quiz (10 MCQ) BUS 308 Week 5 DQ 1 Linear Correlation BUS 308 Week 5 DQ 2 Quality Control BUS 308 Week 5 Final Part I - Excel BUS 308 Week 5 Final Part II Analysis Paper on gas prices – PowerPoint PPT presentation

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Title: BUS 308 Innovative Educator/bus308.com

1
BUS 308 Innovative Educator/bus308.com
2
BUS 308 Innovative Educator/bus308.com
• BUS 308 Entire Course (Ash Course)
• For more course tutorials visit
• www.bus308.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

3
BUS 308 Innovative Educator/bus308.com
• BUS 308 Week 1 Assignment Problems 1.2, 1.17, 3.3
3.22
• For more course tutorials visit
• www.bus308.com
• Focus of the Final Paper
• Select a short video from the list below about a
specific social problem such as
• Poverty 1. Retrieved on July 7, 2010 from
• Poverty 2. Retrieved on July 7, 2010 from
• Poverty 3. Retrieved on July 7, 2010 from
• Crime. Retrieved on July 7, 2010 from

4
BUS 308 Innovative Educator/bus308.com
• BUS 308 Week 1 DQ 1 Performance Report
• For more course tutorials visit
• www.bus308.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

5
BUS 308 Innovative Educator/bus308.com
• BUS 308 Week 1 DQ 2 The Empirical Rule vs.
Chebyshev Theorem
• For more course tutorials visit
• www.bus308.com
• The Empirical Rule vs. Chebyshevs Theorem
• Discuss 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

6
BUS 308 Innovative Educator/bus308.com
• BUS 308 Week 1 Quiz (10 MCQ)
• For more course tutorials visit
• www.bus308.com
• 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.

7
BUS 308 Innovative Educator/bus308.com
• BUS 308 Week 2 Assignments Problems 4.4, 4.20,
5.12, 6.22(a)
• For more course tutorials visit
• www.bus308.com
• BUS 308 Week 2 Assignments Problems 4.4, 4.20,
5.12, 6.22(a)
•

8
BUS 308 Innovative Educator/bus308.com
• BUS 308 Week 2 DQ 1 Relative Frequency
• For more course tutorials visit
• www.bus308.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?

9
BUS 308 Innovative Educator/bus308.com
• BUS 308 Week 2 DQ 2 Applications for Probability
• For more course tutorials visit
• www.bus308.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
or possible pitfalls to avoid in using
•

10
BUS 308 Innovative Educator/bus308.com
• BUS 308 Week 2 Quiz (10 MCQ)
• For more course tutorials visit
• www.bus308.com
• 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

11
BUS 308 Innovative Educator/bus308.com
• BUS 308 Week 3 Assignments Problems 7.11, 7.30,
8.8, 8.38
• For more course tutorials visit
• www.bus308.com
• BUS 308 Week 3 Assignments Problems 7.11, 7.30,
8.8, 8.38
•

12
BUS 308 Innovative Educator/bus308.com
• BUS 308 Week 3 DQ 1 Unscientific Sampling
• For more course tutorials visit
• www.bus308.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 pollswhich they admit are
unscientificlast week and found that 388 viewers
like the new Journal Sentinel and 2,629

13
BUS 308 Innovative Educator/bus308.com
• BUS 308 Week 3 DQ 2 Article Review
• For more course tutorials visit
• www.bus308.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

14
BUS 308 Innovative Educator/bus308.com
• BUS 308 Week 3 Quiz (10 MCQ)
• For more course tutorials visit
• www.bus308.com
• 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.
• 3. Question For non-normal populations, as the
sample size (n) _________, the distribution of
sample means approaches a/an __________
distribution.

15
BUS 308 Innovative Educator/bus308.com
• BUS 308 Week 4 Assignments Problems 9.13, 9.22,
12.10, 12.18(a)
• For more course tutorials visit
• www.bus308.com
• BUS 308 Week 4 Assignments Problems 9.13, 9.22,
12.10, 12.18(a)

16
BUS 308 Innovative Educator/bus308.com
• BUS 308 Week 4 DQ 1 Hypothesis Test
• For more course tutorials visit
• www.bus308.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

17
BUS 308 Innovative Educator/bus308.com
• BUS 308 Week 4 DQ 2 Creating Hypotheses
• For more course tutorials visit
• www.bus308.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

18
BUS 308 Innovative Educator/bus308.com
• BUS 308 Week 4 Quiz (10 MCQ)
• For more course tutorials visit
• www.bus308.com
• 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

19
BUS 308 Innovative Educator/bus308.com
• BUS 308 Week 5 DQ 1 Linear Correlation
• For more course tutorials visit
• www.bus308.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
•

20
BUS 308 Innovative Educator/bus308.com
• BUS 308 Week 5 DQ 2 Quality Control
• For more course tutorials visit
• www.bus308.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

21
BUS 308 Innovative Educator/bus308.com
• BUS 308 Week 5 Final Part I Excel
• For more course tutorials visit
• www.bus308.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 scatterplot and 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?

22
BUS 308 Innovative Educator/bus308.com
• BUS 308 Week 5 Final Part II Analysis Paper on
gas prices
• For more course tutorials visit
• www.bus308.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.

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BUS 308 Innovative Educator/bus308.com