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BUS

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BUS 308 Entire Course (Ash Course)


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BUS 308 Week 1 Assignment Problems 1.2, 1.17, 3.3 & 3.22
BUS 308 Week 1 DQ 1 Performance Report
BUS 308 Week 1 DQ 2 The Empirical Rule vs. Chebyshev Theorem
BUS 308 Week 1 Quiz (10 MCQ)
BUS 308 Week 2 Assignments Problems 4.4, 4.20, 5.12, 6.22(a)
BUS 308 Week 2 DQ 1 Relative Frequency
BUS 308 Week 2 DQ 2 Applications for Probability
BUS 308 Week 2 Quiz (10 MCQ)
BUS 308 Week 3 Assignments Problems 7.11, 7.30, 8.8, 8.38
BUS 308 Week 3 DQ 1 Unscientific Sampling

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BUS 308 Week 1 Assignment Problems 1.2, 1.17, 3.3 & 3.


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Focus of the Final Paper
Select a short video from the list below about a specific social problem such as:
Poverty 1. Retrieved on July 7, 2010 from http://www.youtube.com/watch?&
Poverty 2. Retrieved on July 7, 2010 from http://www.youtube.com/watch?&
Poverty 3. Retrieved on July 7, 2010 from http://www.youtube.com/watch?
Crime. Retrieved on July 7, 2010 from http://www.youtube.com/watch?

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BUS 308 Week 1 DQ 1 Performance Report

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You are the manager at a company and are asked to present a


report on the year-to-date performance of your division. What type
of statistical information would you include in your report? In
particular, which descriptive statistics (mean, median, standard
deviation

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BUS 308 Week 1 DQ 2 The Empirical Rule vs.


Chebyshev Theorem
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The Empirical Rule vs. Chebyshevs Theorem

Discuss how the Empirical Rule works and how it relates to the bell
curve as illustrated in Figure 3.14 (a). Then, explain Chebyshevs
Theorem and how it is different from the Empirical Rule. Give a
specific example of a population with which the Empirical Rule
might be most effective and one with which Chebyshevs Theorem
might be most effective. Respond to at least two of your
classmates

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BUS 308 Week 1 Quiz (10 MCQ)


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Question : The two types of quantitative variables are


2. Question : As a general rule, when creating a stem-and-leaf
display, there should be between ______ stem values.
3.
Question : The median is the value below which and above
which approximately 50 percent of the measurements lie.
4. Question : Temperature in degrees Fahrenheit is an example of
a ____ variable.

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BUS 308 Week 2 Assignments Problems 4.4, 4.20,


5.12, 6.22(a)
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BUS 308 Week 2 Assignments Problems 4.4, 4.20, 5.12, 6.22(a)

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BUS 308 Week 2 DQ 1 Relative Frequency

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Relative Frequency. Conceptually we would expect the probability of
newborn males and females to be the same. However, census
reports indicate that the ratios of males and females in various
countries do not conform to the theoretical prediction. What do
you think accounts for this variation?

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BUS 308 Week 2 DQ 2 Applications for Probability

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Applications for Probability. In what situations might you use


probability as a manager to approach business-related problems?
What are the advantages to using probability concepts in business
decisions? Are there any disadvantages or possible pitfalls to avoid
in using probability in business?

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BUS 308 Week 2 Quiz (10 MCQ)


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Question : In a statistical study, the random variable X = 1, if the


house is colonial, and X = 0 if the house is not colonial, then it can
be stated that the random variable is continuous.
2. Question : The set of all possible experimental outcomes is
called a(n)
3. Question : If two events are independent, then the probability
of their intersection is represented by

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BUS 308 Week 3 Assignments Problems 7.11, 7.30,


8.8, 8.38

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BUS 308 Week 3 Assignments Problems 7.11, 7.30, 8.8, 8.38

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BUS 308 Week 3 DQ 1 Unscientific Sampling

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Unscientific Sampling. Consider question 7.45 from the text: A
Milwaukee television station, WITI-TV, conducted a telephone callin survey asking whether viewers liked the new newspaper, the
Journal Sentinel. On April 26, 1995, Tim Cuprisin, a columnist for
the Journal Sentinel, wrote the following comment: WITI-TV
(Channel 6) did one of those pollswhich they admit are
unscientificlast week and found that 388 viewers like the new
Journal Sentinel and 2,629

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BUS 308 Week 3 DQ 2 Article Review

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Article Review. Many articles present statistical data and list margins
of error (for example, reports on political opinion polls, growth or
decline of the housing markets, manufacturing sectors, etc.). Find
one such article from a reliable source (such as EBSCO or
Proquest) in the online library that includes a construction of
confidence intervals for the data studied, and give a summary of
the topic and

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BUS 308 Week 3 Quiz (10 MCQ)


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Question : There is little difference between the values of ta/2 and


Za/2 when the sample
2. Question : If the population proportion is .4 with a sample size
of 20, then is this sample large enough so that the sampling
distribution of is a normal distribution.
3. Question : For non-normal populations, as the sample size (n)
_________, the distribution of sample means approaches a/an
__________ distribution.

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BUS 308 Week 4 Assignments Problems 9.13, 9.22, 12.1


0, 12.18(a)

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BUS 308 Week 4 Assignments Problems 9.13, 9.22, 12.10, 12.18(a)

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BUS 308 Week 4 DQ 1 Hypothesis Test

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Give an example of a hypothesis test you could perform at work or


at home. State what the Null and the Alternative hypotheses would
be in your test. Explain how you would settle on a reasonable level
of significance for your scenario. Also explain what the type I and II
errors would be if you reached the incorrect conclusion in your
test.

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BUS 308 Week 4 DQ 2 Creating Hypotheses

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Creating Hypotheses. Assume you are the manager of a paint
manufacturing factory. Your company has received complaints
from customers that the containers hold less than the amount
printed on them. On the other hand, corporate management is
concerned that the containers hold more than the standard
amount. You assign a statistician to verify these claims

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BUS 308 Week 4 Quiz (10 MCQ)

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Question : Consider using p-value to test H0 versus Ha by setting


equal to .10. We reject H0 at level of significance if and only if
the p-value is:
2. Question : When carrying out a sample test (with known) of
H0: = 10 vs. Ha: > 10 by using a rejection point, we reject Ho
at level of significance a if and only if the calculated test statistic is

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BUS 308 Week 5 DQ 1 Linear Correlation


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Linear Correlation. Do you think there is a correlation between CEO


salaries and the degree of success of a company? If you were to
take a sample of companies with comparable size, market
capitalization, and product category, and plot CEO salaries against
the net profit of their respective companies, do you expect to find
a linear correlation between the two? Explain

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BUS 308 Week 5 DQ 2 Quality Control

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Quality Control. Visit the websites on Quality Control (QC) listed in


the Required Websites for this week. In addition, locate an article
on the Internet or in the Library databases that describes an
example of the use of statistics in Quality Control. In your post,
briefly define Quality Control and explain its importance. Also,
describe some of the most widely used tools in the industry for
measuring and controlling quality, emphasizing their relationship
to what you have encountered in this class

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BUS 308 Week 5 Final Part I Excel

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Calculate the mean yearly value using the average gas prices by
month found in the "Final Project Data Set".
2. Using the years as your x-axis and the annual mean as your yaxis, create a scatterplot and a linear regression line.
3. Answer the following questions using your scatterplot and linear
regression line:* What is the slope of the linear regression line?*
What is the Y-intercept of the linear regression line?*

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BUS 308 Week 5 Final Part II Analysis Paper on gas pric


es
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Imagine that you are a manager at a delivery service and you are
creating a report toproject the effects on your company of rising
gas prices in the next ten years.
Using thepreceding statistical analysis as your basis and outside
scholarly resources to support yourclaims,
write a 3 to 5 page paper interpreting the results from this
perspective. Include thefollowing considerations:
1. Introduce the project and its significance to the company.

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