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Week 1 DQ1
Where would you see descriptive statistics used in
your work place?
Week 1 DQ2
How would you define dependent and independent
variables? What is their significance in research?
Explain with examples.
Week 1 DQ3
Developfive demographic questions to measure
gender, age, years of experience, level of
education, and ethnicity. Identify the level of
measurement used for each
Week 1 DQ4
How would you define a variable? What is the
difference between a dependent and independent
variable? Do you think both variables are used in
every research? Explain why or why not. Provide
examples.
Week 1 DQ5
What is the importance of statistics in business
decision making? Describe a business situation
where statistics was used in making a decision.
Week 1 DQ6
What are the four data measurement scales?
Provide two examples and explain the importance
of each in business research.
Week 2 DQ1
Can mean, median, or mode be calculated from all
statistical data? Explain why or why not. When is
the mean the best measure of central tendency?
When is the median the best measure of central
tendency?
Week 2 DQ2
Describe a business situation, other than what has
already been selected by fellow students or
selected from the team assignment, where mean
and standard deviation can be used in decision
making. Describe how calculation of mean and
standard deviation can help in making a decision.
Week 2 DQ3
What level of data is a telephone number? Explain.
Week 2 DQ4
Does all data have a mean, median, or mode? Why
or why not? When is the mean the best measure of
central tendency? When is the median the best
measure of central tendency?
Week 2 DQ5
Why is the population shape a concern when
estimating a mean? What effect does sample size,
n, have on the estimate of the mean?
Week 3 DQ1
What are the differences between probability and
coincidence? Can the probability be more than 1 or
less than 0? Explain why or why not.
Week 3 DQ2
What is the role of probability concepts in business
decision-making? Provide specific examples.
Week 3 DQ3
What are the basic differences between a discrete
and a continuous distribution?
Week 3 DQ4
What are the characteristics of standard normal
distribution? Explain how to calculate the z-test
static. Explain how a z-value is used to calculate
the area under the distribution and the meaning of
P(0 to z) when z = 1.96.
Week 4 DQ1
What are some terms related to hypothesis testing
with which you are already familiar? Why do null
and alternative hypotheses have to be mutually
exclusive?
Week 4 DQ2
Why does the significance level differ among
industries? Will the null hypothesis be more likely
to be rejected at = 0.01 than = 0.10? As the
significance level increases to = 0.10 from
= 0.01, which type error is more likely to occur?
What can be done to reduce the likelihood of
incurring this error?
Week 4 DQ3
Please explain the five steps used in hypothesis
testing. How does the five-step procedure for
hypothesis testing differ when comparing two
groups using at-orz-test? How is the process
similar?
Week 4 DQ4
Please explain terms related to hypothesis testing;
please explain null and alternate hypotheses,
explain the difference between two different test
statistics, then define the equations used in both.
Why do null and alternative hypotheses have to be
mutually exclusive?