BUS 308 Seek Your Dream/uophelp.com

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BUS 308 Seek Your Dream/Uophelp.com

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BUS 308 Seek Your Dream/Uophelp.com

• BUS 308 Entire Course (New)
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•  
•  
• 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)

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BUS 308 Seek Your Dream/Uophelp.com

• BUS 308 Week 1 DQ 1 Language
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• 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?
• (Note If you do not have a job where measures
  are available to you, ask someone you know for
  some examples,
• or conduct outside research on an interest of
  yours, or use personal measures.)

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BUS 308 Seek Your Dream/Uophelp.com

• BUS 308 Week 1 DQ 2 Probability
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• 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.

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BUS 308 Seek Your Dream/Uophelp.com

• BUS 308 Week 1 Problem Set
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• 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. Please list, under each label, the
  variables in our data set that belong in each
  group..

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BUS 308 Seek Your Dream/Uophelp.com

• BUS 308 Week 1 Quiz (New)
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• 1. Question In statistical notation, M is to
  µ as s is to s.
• Question 2. Question A parameter refers to a
  sample characteristic.

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BUS 308 Seek Your Dream/Uophelp.com

• BUS 308 Week 1 Quiz
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• 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.

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BUS 308 Seek Your Dream/Uophelp.com

• BUS 308 Week 2 DQ 1 Hypotheses
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• 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 Seek Your Dream/Uophelp.com

• BUS 308 Week 2 DQ 2 Variation
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• 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 Seek Your Dream/Uophelp.com

• BUS 308 Week 2 Problem Set
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• Problem Set Week Two
•  
• 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.

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BUS 308 Seek Your Dream/Uophelp.com

• BUS 308 Week 2 Quiz (New)
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• 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
  depends only the size of the population to be
  tested.

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BUS 308 Seek Your Dream/Uophelp.com

• BUS 308 Week 2 Quiz
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• 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?
• 3. Question Which is the symbol
  used for the test statistic in ANOVA?
• 4. Question If ANOVA reveals that
  four different departments have significantly
  different levels of productivity, what will a
  post-hoc test indicate?

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BUS 308 Seek Your Dream/Uophelp.com

• BUS 308 Week 3 DQ 1 ANOVA
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• 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?
• What would be the appropriate hypotheses
  statements for each example?

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BUS 308 Seek Your Dream/Uophelp.com

• BUS 308 Week 3 DQ 2 Effect Size
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• 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 Seek Your Dream/Uophelp.com

• BUS 308 Week 4 DQ 1 Confidence Intervals
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• Discussion 4-1/Confidence Intervals
• Many people do not like or trust single point
  estimates for things they need measured.

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BUS 308 Seek Your Dream/Uophelp.com

• BUS 308 Week 4 DQ 1 Confidence Intervals
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• Discussion 4-1/Confidence Intervals
• Many people do not like or trust single point
  estimates for things they need measured.

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BUS 308 Seek Your Dream/Uophelp.com

• BUS 308 Week 4 DQ 2 Chi-Square Tests
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• 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 Seek Your Dream/Uophelp.com

• BUS 308 Week 4 Problem Set
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• 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.

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BUS 308 Seek Your Dream/Uophelp.com

• BUS 308 Week 4 Quiz (New)
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• 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.

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BUS 308 Seek Your Dream/Uophelp.com

• BUS 308 Week 4 Quiz
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• 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?

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BUS 308 Seek Your Dream/Uophelp.com

• BUS 308 Week 5 DQ 1 Correlation
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• 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 Seek Your Dream/Uophelp.com

• BUS 308 Week 5 DQ 2 Regression
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• 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.

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BUS 308 Seek Your Dream/Uophelp.com

• BUS 308 Week 5 Final Paper (2 Papers)
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• 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? In developing your
  responses, consider at a minimum and discuss
  the application of each of the course elements in
  analyzing and making decisions about data (counts
  and/or measurements).

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BUS 308 Seek Your Dream/Uophelp.com

• BUS 308 Week 5 Problem Set
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• 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.
• c. Using r approximately .28 as the significant
  r value (at p .05) for a correlation between 50
  values, what variables are significantly related
  to salary? To compa?
• d. Looking at the above correlations both
  significant or not are there any surprises by
  that I mean any relationships you expected to be
  meaningful and are not, and vice-versa?

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BUS 308 Seek Your Dream/Uophelp.com

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