Title: BUS 308 Course Experience Tradition / bus308mentor.com
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- 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?
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- 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.
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- BUS 308 Week 1 Quiz (New)
- 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.
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- 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.)
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- 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.
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- 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).
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- 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.)
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- 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?
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- 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.
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- 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?
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- 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
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- 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.
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