Title: BUS 308 Course Experience Tradition / bus308.com
1BUS 308 Course Experience Tradition / bus308.com
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2BUS 308 Course Experience Tradition / bus308.com
- 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)
- BUS 308 Week 2 DQ 1 Hypotheses
- BUS 308 Week 2 DQ 2 Variation
- BUS 308 Week 2 Quiz BUS 308 Week 2 Quiz (New)
- BUS 308 Week 2 Problem Set
- 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?
3BUS 308 Course Experience Tradition / bus308.com
- 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. An
example of a subjective probability is Cops
usually do not patrol this road, so I can get
away with speeding.
- 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
4BUS 308 Course Experience Tradition / bus308.com
- BUS 308 Week 1 Quiz (New)
- 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?
5BUS 308 Course Experience Tradition / bus308.com
- 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). When are differences (between one
time period and another, between different
production lines, etc.) between average or actual
results important?
6BUS 308 Course Experience Tradition / bus308.com
- 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. 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.
- 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? - 4. Question The desired sample size depends
only the size of the population to be tested.
7BUS 308 Course Experience Tradition / bus308.com
- 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? - 3. Question Which is the symbol used for the
test statistic in ANOVA?
- 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).
8BUS 308 Course Experience Tradition / bus308.com
- 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.) Last week, we found that the average
performance ratings do not differ between males
and females in the population.
9BUS 308 Course Experience Tradition / bus308.com
- 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? Why?
- 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?
10BUS 308 Course Experience Tradition / bus308.com
- 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. All statistical
calculations will use the Using our sample data,
construct a 95 confidence interval for the
population's mean salary for each gender.
Interpret the results
- 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.
11BUS 308 Course Experience Tradition / bus308.com
- 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?
12BUS 308 Course Experience Tradition / bus308.com
- 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? If you generated a regression
equation, how would you interpret it and the
residuals from it?
- 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 course elements in analyzing and making
decisions about data (counts and/or
measurements).
13BUS 308 Course Experience Tradition / bus308.com
- 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)?
14BUS 308 Course Experience Tradition / bus308.com
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