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BUS 308 Week 1 DQ 1 Data Scales
BUS 308 Week 1 DQ 2 Probability
BUS 308 Week 1 Quiz
BUS 308 Week 1 Problem Set Week One
BUS 308 Week 2 Journal
BUS 308 Week 2 DQ 1 t-Tests
BUS 308 Week 2 DQ 2 ANOVA Testing
BUS 308 Week 2 Quiz
BUS 308 Week 2 Problem Set
BUS 308 Week 3 DQ 1 Interval Data
BUS 308 Week 3 DQ 2 Correlation
BUS 308 Week 3 Assignment Evaluation of Correlations
BUS 308 Week 4 DQ 1 Simple Regression Analysis
BUS 308 Week 4 DQ 2 Multiple Regressions Analysis
BUS 308 Week 4 Problem Set
BUS 308 Week 4 Quiz

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BUS

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Week

Week

Week

Week

Week

Week

1

1

1

1

2

2

DQ 1 Data Scales

DQ 2 Probability

Quiz

Problem Set Week One

Journal

DQ 1 t-Tests

, 3.3 and 3.22 (Ash Course

)

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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?

h Course

)

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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.)

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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.

Chebyshev Theorem (Ash Course)

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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 least two of your classmates

postings.

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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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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.

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to .

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.

0, 5.12, 6.22(a) (Ash Course

)

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5.12, 6.22(a)

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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?

Course

)

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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?

ity (Ash Course

)

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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?

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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?

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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

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.

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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.

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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?

30, 8.8, 8.38 (Ash Course

)

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8.8, 8.38

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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-

sh Course

)

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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

se

)

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and list margins of error (for example, reports on

political opinion polls, growth or decline of the

housing markets, manufacturing sectors, etc.).

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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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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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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.

22, 12.10, 12.18(a) (Ash Course

)

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12.10, 12.18(a)

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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

urse

)

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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.

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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?

h Course

)

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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.

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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. Be sure to show all of

your work and clearly label all calculations. All

statistical calculations will use the

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versus Ha by setting equal to .10. We reject H0 at

level of significance if and only if the p-value is:

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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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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?

Course

)

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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

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(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.

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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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The final paper provides you with an opportunity to

integrate and reflect on what you have learned

during the class.

e

)

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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.

gas

prices

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service and you are creating a report toproject the

effects on your company of rising gas prices in the

next ten years.

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ASSIGNMENT WEEK 5

1. Create a correlation table for the variables in our

(Use analysis ToolPak or StatPlus:mac 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)?

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