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Title: BUS 308 Course Experience Tradition / bus308mentor.com


1
BUS 308 Course Experience Tradition /
bus308mentor.com
For More Tutorials
www.bus308mentor.com
2
BUS 308 Course Experience Tradition /
bus308mentor.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? Are they descriptive or
    inferential data, and what is the difference
    between these?

3
BUS 308 Course Experience Tradition /
bus308mentor.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. An empirical probability
    example is Each production run has a 5 reject
    rate.
  • 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.

4
BUS 308 Course Experience Tradition /
bus308mentor.com
  • BUS 308 Week 1 Quiz (New)
  • BUS 308 Week 1 Quiz
  • 1. Question In statistical
    notation, M is to µ as s is to s.
  • 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 curve, what
    does the vertical height of the curve indicate?
  • 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.

5
BUS 308 Course Experience Tradition /
bus308mentor.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.)

6
BUS 308 Course Experience Tradition /
bus308mentor.com
  • BUS 308 Week 2 Problem Set
  • BUS 308 Week 2 Quiz (New)
  • 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
  • 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?
  • 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.

7
BUS 308 Course Experience Tradition /
bus308mentor.com
  • BUS 308 Week 2 Quiz
  • 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).

8
BUS 308 Course Experience Tradition /
bus308mentor.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 th 
  • (Note Questions 1- 4 have additional elements to
    respond to below the analysis results.)

9
BUS 308 Course Experience Tradition /
bus308mentor.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? Ask a
    manger in your organization if they would prefer
    a single point estimate or a range for important
    measures, and why? Please share what they say
  • 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?

10
BUS 308 Course Experience Tradition /
bus308mentor.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
  • 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.

11
BUS 308 Course Experience Tradition /
bus308mentor.com
  • BUS 308 Week 4 Quiz
  • 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?

12
BUS 308 Course Experience Tradition /
bus308mentor.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

13
BUS 308 Course Experience Tradition /
bus308mentor.com
  • BUS 308 Week 5 Problem Set
  • 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.

14
BUS 308 Course Experience Tradition /
bus308mentor.com
For More Tutorials
www.bus308mentor.com
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