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For more course tutorials visit www.uophelp.com 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 – PowerPoint PPT presentation

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Title: BUS 308 Read, Lead, Succeed/Uophelpdotcom


1
BUS 308 Read, Lead, Succeed/Uophelp.com
  • For more course tutorials visit
  • www.uophelp.com

2
BUS 308 Read, Lead, Succeed/Uophelp.com
  • BUS 308 Entire Course (New)
  • For more course tutorials visit
  • www.uophelp.com
  •  
  •  
  • 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)

3
BUS 308 Read, Lead, Succeed/Uophelp.com
  • BUS 308 Week 1 DQ 1 Language
  • For more course tutorials visit
  • www.uophelp.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?
  • (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.)

4
BUS 308 Read, Lead, Succeed/Uophelp.com
  • BUS 308 Week 1 DQ 2 Probability
  • For more course tutorials visit
  • www.uophelp.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
    probability.

5
BUS 308 Read, Lead, Succeed/Uophelp.com
  • BUS 308 Week 1 Problem Set
  • For more course tutorials visit
  • www.uophelp.com
  • 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..

6
BUS 308 Read, Lead, Succeed/Uophelp.com
  • BUS 308 Week 1 Quiz (New)
  • For more course tutorials visit
  • www.uophelp.com
  • 1. Question In statistical notation, M is to
    µ as s is to s.
  • Question 2. Question A parameter refers to a
    sample characteristic.

7
BUS 308 Read, Lead, Succeed/Uophelp.com
  • BUS 308 Week 1 Quiz
  • For more course tutorials visit
  • www.uophelp.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?
  • 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.

8
BUS 308 Read, Lead, Succeed/Uophelp.com
  • BUS 308 Week 2 DQ 1 Hypotheses
  • For more course tutorials visit
  • www.uophelp.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 cant we just make our decisions by the
    sample value?

9
BUS 308 Read, Lead, Succeed/Uophelp.com
  • BUS 308 Week 2 DQ 2 Variation
  • For more course tutorials visit
  • www.uophelp.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).

10
BUS 308 Read, Lead, Succeed/Uophelp.com
  • BUS 308 Week 2 Problem Set
  • For more course tutorials visit
  • www.uophelp.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.

11
BUS 308 Read, Lead, Succeed/Uophelp.com
  • BUS 308 Week 2 Quiz (New)
  • For more course tutorials visit
  • www.uophelp.com
  • 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.

12
BUS 308 Read, Lead, Succeed/Uophelp.com
  • BUS 308 Week 2 Quiz
  • For more course tutorials visit
  • www.uophelp.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?
  • 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?

13
BUS 308 Read, Lead, Succeed/Uophelp.com
  • BUS 308 Week 3 DQ 1 ANOVA
  • For more course tutorials visit
  • www.uophelp.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-
  • 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?

14
BUS 308 Read, Lead, Succeed/Uophelp.com
  • BUS 308 Week 3 DQ 2 Effect Size
  • For more course tutorials visit
  • www.uophelp.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 Read, Lead, Succeed/Uophelp.com
  • BUS 308 Week 4 DQ 1 Confidence Intervals
  • For more course tutorials visit
  • www.uophelp.com
  • Discussion 4-1/Confidence Intervals
  • Many people do not like or trust single point
    estimates for things they need measured.

16
BUS 308 Read, Lead, Succeed/Uophelp.com
  • BUS 308 Week 4 DQ 1 Confidence Intervals
  • For more course tutorials visit
  • www.uophelp.com
  • Discussion 4-1/Confidence Intervals
  • Many people do not like or trust single point
    estimates for things they need measured.

17
BUS 308 Read, Lead, Succeed/Uophelp.com
  • BUS 308 Week 4 DQ 2 Chi-Square Tests
  • For more course tutorials visit
  • www.uophelp.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 Read, Lead, Succeed/Uophelp.com
  • BUS 308 Week 4 Problem Set
  • For more course tutorials visit
  • www.uophelp.com
  • 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.

19
BUS 308 Read, Lead, Succeed/Uophelp.com
  • BUS 308 Week 4 Quiz (New)
  • For more course tutorials visit
  • www.uophelp.com
  • 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.

20
BUS 308 Read, Lead, Succeed/Uophelp.com
  • BUS 308 Week 4 Quiz
  • For more course tutorials visit
  • www.uophelp.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?

21
BUS 308 Read, Lead, Succeed/Uophelp.com
  • BUS 308 Week 5 DQ 1 Correlation
  • For more course tutorials visit
  • www.uophelp.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 Read, Lead, Succeed/Uophelp.com
  • BUS 308 Week 5 DQ 2 Regression
  • For more course tutorials visit
  • www.uophelp.com
  • 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.

23
BUS 308 Read, Lead, Succeed/Uophelp.com
  • BUS 308 Week 5 Final Paper (2 Papers)
  • For more course tutorials visit
  • www.uophelp.com
  • 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).

24
BUS 308 Read, Lead, Succeed/Uophelp.com
  • BUS 308 Week 5 Problem Set
  • For more course tutorials visit
  • www.uophelp.com
  • 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?

25
BUS 308 Read, Lead, Succeed/Uophelp.com
  • For more course tutorials visit
  • www.uophelp.com
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