User Account

All Pages

In what ways and why is the given approach important

Assignment Help Business Management
Reference no: EM131360703

Discussion Question

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?

Part Two - Chi Square

Read Lecture Fourteen. As Lecture Fourteen notes, the chi-square test is-in some ways-fundamentally different than the previous tests we have looked at. In what ways and why is this approach important? Examples were shown of gender-degree distributions and employees per grade. How do these tests help with understanding our equal pay for equal work question? Do they change or reinforce our decision from last week? What situations in your personal or professional lives could use a chi-square approach?

Part Three - Overall Reactions

Has your opinion about statistics changed? How can statistical analysis help your professional career?

Attachment:- Lecture_13_14.rar

Verified Expert

This task provides a clear working example of confidence intervals and its comparison with single point estimates. chi square test for independence was used to test the association between two qualitative variables. The analysis plan describes how to use sample data to accept or reject the null hypothesis.

Reference no: EM131360703

Questions Cloud

What is a database management system : " Do You Know What It Takes to Design an HRIS Database Management System (DBMS)?: Please respond to the following:First, watch the following two (2) videos from the lynda.com course Relational Database Fundamentals with Adam Wilbert. Then, respond ..
Rank the projects using the profitability index : Rank the projects using the profitability index. Considering the limit on funds available, which projects should be accepted? Using the NPV, which projects should be accepted, considering the limit on funds available? If the available investment fund..
What are the circumstances surrounding the request : What are the circumstances surrounding the request? How do you think each audience will react to the message? What information will be especially important to each audience?
Discuss about the post given below : Read the Discussion Participation Scoring Guide to learn how the instructor will evaluate your discussion participation throughout this course.Outline the major aspects of an organizational theory of your choice within the parameters set forth be..
In what ways and why is the given approach important : In what ways and why is this approach important? Examples were shown of gender-degree distributions and employees per grade. How do these tests help with understanding our equal pay for equal work question?
Short run profit outlook for american refineries : Suppose the United States imposes a $10 per barrel tariff on imported refined oil products.  a. What is the short run profit outlook for American refineries? What is the long term profit outlook?
Percent to four decimal places : Calculate the return, in percent to four decimal places, of the stock market for June 4.
How it is concerned that there is terrorism in egypt : In 2015 the jihadist group Boko Haram committed on if the worst terroristic attacks that the group every carried out. The Baga Massacre began on January 3rd 2015, the exact amount of dead still remain unclear but some estimate is ranged from 100 t..
Determining the maturity risk premium : The real risk-free rate of interest is 4%. Inflation is expected to be 2% this year and 4% during next 2 years. Assume that the maturity risk premium is zero. What is the yield on 2 year treasury securities? What is the yield on 3 year treasury se..

Reviews

Write a Review

Business Management Questions & Answers

  Expected u.s. gdp growth rate

Expected U.S. GDP Growth Rate. - Explain what is the expected GDP Growth Rate in the U.S.? What are trends, forecasts, and statistics?

  Utilizing the concepts learned throughout the course

Utilizing the concepts learned throughout the course, write a Final Paper on one of the following scenarios:Option One: You are a consultant with 10 years experience in the health care insurance industry. A group of 20 doctors is considering formin..

  Check the decisions of the highest appellate courts

Brief the facts of the case and assume your boss is seeking your opinions as noted in the Critical Legal Thinking, Ethics, and Contemporary Business questions. Argue both sides of all issues.

  Skills while networking and seeking employment

An elevator speech is an excellent way to convey your skills while networking and seeking employment. Typically, an elevator speech is a one-minute summary of who you are, why you are qualified, and what you have to offer the organization or indus..

  Organizational management ideas for managing organizational

Using Organizational Management ideas for managing organizational conflict and FP&L in Fort Pierce Florida operates a Nuclear Power Plant.

  What do these terms mean to you

Do corporations have a responsibility to be a good corporate citizen and moral agent? What do these terms mean to you? Justify your opinion by providing examples.

  Supreme court''s definition in this case

Do you agree with the Supreme Court's definition in this case, or do you think which the lower courts were correct to regard the land and service contracts separately? Elucidate why?

  Positioning for the brand in the marketplace

Explore Virgin Galactic, and click on the booking tab. What do you think about the price? Is this pricing strategy likely to be effective in building the Virgin Galactic brand and creating a clear positioning for the brand in the marketplace?

  Describe data collection and analysis methods

You will have to identify a business research topic, define the research questions for the identified problem or opportunity, select the appropriate research methodologies and techniques to use for the research project, describe the research proce..

  Difference between values and ethics

What is the difference between values and ethics? Do you think values or ethics would be more important for a leader? Why?

  Explain how many colours were available

hree colors are to be used on each part, but a combination of three colours used for one part cannot be rearranged and used to identify a different part.

  Report to your boss that briefly describes the results

Write a report to your boss that briefly describes the results that you obtained. Make a recommendation on how this data might be used for marketing purposes.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd