1 / 25

BUS 308 HELPS Active Participation / bus308helps.com

BUS 308 HELPS is a truly special teacher is very wise and sees tomorrow in every student’s eyes

honestypolicy13
Download Presentation

BUS 308 HELPS Active Participation / bus308helps.com

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. BUS 308 HELPS Active Participation/ bus308helps.com

  2. BUS 308 HELPS Active Participation BUS 308 Entire Course (New) FOR MORE CLASSES VISIT www.bus308helps.com BUS 308 Week 1 DQ 1 Language BUS 308 Week 1 DQ 2 Probability BUS 308 Week 1 Quiz

  3. BUS 308 HELPS Active Participation BUS 308 Week 1 DQ 1 Language FOR MORE CLASSES VISIT www.bus308helps.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?

  4. BUS 308 HELPS Active Participation BUS 308 Week 1 DQ 2 Probability FOR MORE CLASSES VISIT www.bus308helps.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

  5. BUS 308 HELPS Active Participation BUS 308 Week 1 Problem Set FOR MORE CLASSES VISIT www.bus308helps.com 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

  6. BUS 308 HELPS Active Participation BUS 308 Week 1 Quiz (New) FOR MORE CLASSES VISIT www.bus308helps.com Question : In statistical notation, M is to μ as s is to σ. 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

  7. BUS 308 HELPS Active Participation BUS 308 Week 1 Quiz FOR MORE CLASSES VISIT www.bus308helps.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?

  8. BUS 308 HELPS Active Participation BUS 308 Week 2 DQ 1 Hypotheses FOR MORE CLASSES VISIT www.bus308helps.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 can’t we just make our decisions by the sample value?

  9. BUS 308 HELPS Active Participation BUS 308 Week 2 DQ 2 Variation FOR MORE CLASSES VISIT www.bus308helps.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). When are differences (between one time period and another, between different

  10. BUS 308 HELPS Active Participation BUS 308 Week 2 Problem Set FOR MORE CLASSES VISIT www.bus308helps.com 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. 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

  11. BUS 308 HELPS Active Participation BUS 308 Week 2 Quiz (New) FOR MORE CLASSES VISIT www.bus308helps.com 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

  12. BUS 308 HELPS Active Participation BUS 308 Week 2 Quiz FOR MORE CLASSES VISIT www.bus308helps.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, what statistic will indicate the variability among those at each outlet?

  13. BUS 308 HELPS Active Participation BUS 308 Week 3 DQ 1 ANOVA FOR MORE CLASSES VISIT www.bus308helps.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-

  14. BUS 308 HELPS Active Participation BUS 308 Week 3 DQ 2 Effect Size FOR MORE CLASSES VISIT www.bus308helps.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?

  15. BUS 308 HELPS Active Participation BUS 308 Week 3 Problem Set FOR MORE CLASSES VISIT www.bus308helps.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.) 1. Last week, we found that

  16. BUS 308 HELPS Active Participation BUS 308 Week 4 DQ 1 Confidence Intervals FOR MORE CLASSES VISIT www.bus308helps.com 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? Why? Ask a manger

  17. BUS 308 HELPS Active Participation BUS 308 Week 4 DQ 2 Chi-Square Tests FOR MORE CLASSES VISIT www.bus308helps.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. What are some examples of variables that you might want to check using the chi-square tests? What would these results tell you?

  18. BUS 308 HELPS Active Participation BUS 308 Week 4 Problem Set FOR MORE CLASSES VISIT www.bus308helps.com ASSIGNMENT WEEK 4 Let’s 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 1. Using our sample data, construct a 95% confidence

  19. BUS 308 HELPS Active Participation BUS 308 Week 4 Quiz (New) FOR MORE CLASSES VISIT www.bus308helps.com 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 sampl

  20. BUS 308 HELPS Active Participation BUS 308 Week 4 Quiz FOR MORE CLASSES VISIT www.bus308helps.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?

  21. BUS 308 HELPS Active Participation BUS 308 Week 5 DQ 1 Correlation FOR MORE CLASSES VISIT www.bus308helps.com 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?

  22. BUS 308 HELPS Active Participation BUS 308 Week 5 DQ 2 Regression FOR MORE CLASSES VISIT www.bus308helps.com Discussion 5-2/Regression At times we can generate a regression equation to explain outcomes. For example, an employee’s salary can often be explained by their pay grade, appraisal rating, education level, etc. What

  23. BUS 308 HELPS Active Participation BUS 308 Week 5 Final Paper (2 Papers) FOR MORE CLASSES VISIT www.bus308helps.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. 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

  24. BUS 308 HELPS Active Participation BUS 308 Week 5 Problem Set FOR MORE CLASSES VISIT www.bus308helps.com 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 Pearson’s Correlation Table (which is what Excel produces)? b. Place the table here. c. Using r=

  25. BUS 308 HELPS Active Participation/ bus308helps.com We are helping you just visit us

More Related