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BUS 308 Inspiring Minds/newtonhelp.com

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For more course tutorials visit www.newtonhelp.com BUS 308 Week 2 Problem Set BUS 308 Week 3 Problem Set (Anova) BUS 308 Week 4 Problem Set (Regression and Correlation) BUS 308 Week 5 Final Paper Statistics Reflection (2 Papers) BUS 308 Week 1 DQ 1 – PowerPoint PPT presentation

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Title: BUS 308 Inspiring Minds/newtonhelp.com


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BUS 308 Inspiring Minds/newtonhelp.com
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BUS 308 Inspiring Minds/newtonhelp.com
  • BUS 308 Entire Course (New)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • BUS 308 Week 2 Problem Set
  • BUS 308 Week 3 Problem Set (Anova)
  • BUS 308 Week 4 Problem Set (Regression and
    Correlation)
  • BUS 308 Week 5 Final Paper Statistics Reflection
    (2 Papers)
  • BUS 308 Week 1 DQ 1
  • BUS 308 Week 1 DQ 2
  • BUS 308 Week 2 DQ 1
  • BUS 308 Week 2 DQ 2

3
BUS 308 Inspiring Minds/newtonhelp.com
  • BUS 308 Week 1 DQ 1
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Part Two Data Characteristics
  • Read Lecture One on descriptive data and review
    the Employee Data . Be sure to familiarize
    yourself with the different variables shown on
    the Data tab. In this course, we will be using
    the Employee Data and statistical tools to answer
    a single research question In our BUS308
    company, are the males and females paid equally
    for equal work?

4
BUS 308 Inspiring Minds/newtonhelp.com
  • BUS 308 Week 1 DQ 2
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • DQ 2 Webliography
  • Post a question that you had related to the
    material this week. Conduct research to provide
    the answer to the question and provide the source.

5
BUS 308 Inspiring Minds/newtonhelp.com
  • BUS 308 Week 1 Problem Set
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • 1. For assistance with these calculations, see the
     Recommended Resources for Week One. Measurement i
    ssues. Data, even numerically code variables, can 
    be one of 4 levels  nominal, ordinal, interval, o
    r 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 inte
    rval or ratio level data. Please list, under each 
    label, the variables in our data set that belong i
    n each group..
  • 2. The first step in analyzing data sets is to fin
    d some summary descriptive statistics for key vari
    ables. For salary, compa, age, Performance Rating,
     and Service find the mean and standard deviation
     for 3 groups overall sample, Females, and Males.
     You can use either the Data Analysis Descriptive 
    Statistics tool or the Fx average and stdev func
    tions. Note Place data to the right, if you use D
    escriptive statistics, place that to the right as 
    well 

6
BUS 308 Inspiring Minds/newtonhelp.com
  • BUS 308 Week 1 Quiz (2 Set)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Question 1.  Calculating the median requires data
    of at least what level ?
  • Question 2.  If sales data are reported in dollar
    values, what is the scale of the data ?
  • Question 3.  Empirical probability is
  • Question 4.     A probability is found by
    dividing the number of possible outcome (0) by
    the number of successes (e)P o/e.

7
BUS 308 Inspiring Minds/newtonhelp.com
  • BUS 308 Week 2 DQ 1
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • DQ 1 Hypothesis Testing / T-tests / F-test
  • Although the initial post is due on Day 5, you
    are encouraged to start working on it early, as
    it is a three-part discussion that should be
    completed in sequential order.
  • Part One Hypothesis Testing

8
BUS 308 Inspiring Minds/newtonhelp.com
  • BUS 308 Week 2 DQ 2
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Post a question that you had related to the
    material this week. Conduct research to provide
    the answer to the question and provide the source

9
BUS 308 Inspiring Minds/newtonhelp.com
  • BUS 308 Week 2 Problem Set
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Before starting this assignment, make sure the
    the assignment data from the Employee Salary Data
    Set file is copied over to this Assignment file.
    You can do this either by a copy and paste of all
    the columns or by opening the data file, right
    clicking on the Data tab, selecting Move or Copy,
    and copying the entire sheet to this file (Weekly
    Assignment Sheet or whatever you are calling your
    master assignment file).

10
BUS 308 Inspiring Minds/newtonhelp.com
  • BUS 308 Week 2 Quiz (3 Set)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Question 1. To find the z-score of a value, which
    Excel function could be used?
  • Question 2.  Which statement is not true?
  • Question 3.  What is the alternate hypothesis in
    a problem where sales group two is predicted to
    be significantly less productive than sales
    group one? 
  • Question 4.  Using the T-test Two-sample
    Assuming Equal Variances test, the output can
    provide 

11
BUS 308 Inspiring Minds/newtonhelp.com
  • BUS 308 Week 3 DQ 1
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Part One Multiple Testing
  • Read Lecture Seven. The lectures from last week
    and Lecture Seven discuss issues around using a
    single test versus multiple uses of the same
    tests to answer questions about mean equality
    between groups. This suggests that we need to
    masteror at least understanda number of
    statistical tests. Why cant we just master a
    single statistical testsuch as the t-testand
    use it in situations calling for mean equality
    decisions? (This should be started on Day 1.) 
  •  

12
BUS 308 Inspiring Minds/newtonhelp.com
  • BUS 308 Week 3 DQ 2
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • DQ 2 Webliography
  • Post a question that you had related to the
    material this week. Conduct research to provide
    the answer to the question and provide the source.

13
BUS 308 Inspiring Minds/newtonhelp.com
  • BUS 308 Week 3 Problem Set (Anova)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • During this week, we will look at ways of testing
    multiple (more than two) data samples at the same
    time.
  •  
  • We will continue to use the data and assignment
    file that we opened in Week 2, we just move on to
    the Week 3 tab.

14
BUS 308 Inspiring Minds/newtonhelp.com
  • BUS 308 Week 3 Quiz (3 Set)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • BUS 308 Week 3 Quiz
  • Question 1.  A single factor ANOVA output
    includes information on
  • Question 2.  ANOVA tests for variance differences
  • Question 3.  Excels single factor ANOVA does not
    have a related Effect Size measure associated
    with it.

15
BUS 308 Inspiring Minds/newtonhelp.com
  • BUS 308 Week 4 DQ 1
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Part One Correlation
  • Read Lecture Ten. Lecture Ten introduces the idea
    that different variables may move
    togethersometimes due to causation and at other
    times due to an unknown influence. An example
    involves the perfect (1.0) correlation between
    annual number of rum barrels imported into the
    New England region of the U.S. between the years
    1790 and 1820 and the number of churches built
    each of those years (citation lost).

16
BUS 308 Inspiring Minds/newtonhelp.com
  • BUS 308 Week 4 DQ 2
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • DQ 2 Webliography
  • Post a question that you had related to the
    material this week. Conduct research to provide
    the answer to the question and provide the source.

17
BUS 308 Inspiring Minds/newtonhelp.com
  • BUS 308 Week 4 Problem Set (Regression and
    Correlation)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Problem Set Week Four 
  • This week we get to answer our equal pay for
    equal work question by looking at relationships
    between and among the different variables.
  • The first question this week looks at
    correlations and the creation of a correlation
    table for our variables.  The second question
    asks for a regression equation showing how the
    different variables impact the compa-ratio
    measure.

18
BUS 308 Inspiring Minds/newtonhelp.com
  • BUS 308 Week 4 Quiz (3 Set)
  • For more course tutorials visit
  •  
  • www.newtonhelp.com
  •  
  • BUS 308 Week 4 Quiz
  •  
  • Question 1.  The t Stat value is used to
    determine the statistical significance of each of
    the variables listed in a regression analysis.
  • Question 2.  A correlation of .90 and above is
    generally considered too strong to be of any
    practical significance.
  • Question 3.  A p-value of 9.22E-36 equals
    0.00000000000000000000000000000000000922 and is
    less than .05

19
BUS 308 Inspiring Minds/newtonhelp.com
  • BUS 308 Week 5 DQ 1
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Part One Confidence Intervals
  • Read Lecture Thirteen. Lecture Thirteen
    introduces you to confidence intervals. What is a
    confidence interval, and why do some prefer them
    to single point estimates? Ask your manager what
    is preferred and why? What are the strengths and
    weaknesses of using confidence intervals in
    making decisions? (This should be started on Day
    1.)
  •  

20
BUS 308 Inspiring Minds/newtonhelp.com
  • BUS 308 Week 5 DQ 2
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • What are common mistakes in linear regression
    analysis? 

21
BUS 308 Inspiring Minds/newtonhelp.com
  • BUS 308 Week 5 Final Paper Statistics Reflection
    (2 Papers)
  • For more course tutorials visit
  • www.newtonhelp.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 course elements in
    analyzing and making decisions about data (counts
    and/or measurements). 

22
BUS 308 Inspiring Minds/newtonhelp.com
  • BUS 308 Week 5 Problem Set
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • 1. Create a correlation table for the variables in
     our  (Use analysis ToolPak or StatPlusmac LE fun
    ction Correlation). 
  • a. Reviewing the data levels from week 1, what var
    iables can be used in a Pearsons Correlation Tabl
    e (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 v
    alues, what variables are significantly related to
     salary? To compa? 
  • d. Looking at the above correlations  both signif
    icant or not  are there any surprises  by that I
     mean any relationships you expected to be meaning
    ful and are not, and vice-versa? 

23
BUS 308 Inspiring Minds/newtonhelp.com
  • BUS 308 Week 5 Quiz (3 Set)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • BUS 308 Week 5 Quiz 
  • Question 1.  Compared to the ANOVA test, Chi
    Square procedures are not powerful (able to
    detect small differences).
  • Question 2.  In confidence intervals, the width
    of the interval depends only on the variation
    within the data set.
  • Question 3.  The percent confidence interval is
    the range having the percent probability of
    containing the actual population parameter.

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BUS 308 Inspiring Minds/newtonhelp.com
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