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During the term, you are responsible for highlighting, given the objectives of Business Analytics, one current event discussed in a news publication or news website.
Please post a summary of the event or topic, its relationship with our learning in this course, and the location of the source material. The intent is to begin a discussion about the material that will enhance learning about the topics in this course.
The article can be on Descriptive Statistics, Probability and the Normal Distribution, Sampling and Sampling Distributions, Regression Analysis, or Time Series Forecasting.
If sensitivity and specificity remain constant, determine the relationship of prevalence to predictive value positive and predictive value negative?
Find a 95% confidence interval for the proportion p of the inner-city, working-class group who eventually became alcoholics.
In the history class the mean score was 76 with standard deviation 3.
Analyze the Regression and draw the scatter plot for results of the Hsp90 affinity and Her-2 degradation studies.
What is the most probable number of patients arriving each Saturday and give the main assumptions we make when we model the above situation using a Poisson distribution.
At a computer manufacturing company, the actual size of computer chips is normally distributed with a mean of 1 centimeter and the standard deviation of 0.1 centimeter. A random sample of 12 computer chips is taken. What is the possibility that th..
If you are using exponential smoothing for forecasting an annual time series of revenues, what is your forecast for the next year if the smoothed value for this year is $32.4 million?
Find or create a data set that would allow you to explain what is meant by mean, median and mode. Make sure to also show any calculations or formula necessary. Describe or provide as much information on the data set as possible.
A quality control engineer is interested in the mean length of sheet insulation being cut automatically by machine. The desired length of the insulation is 12 feet. It is known that the standard deviation in the cutting length is 0.15 feet. A sam..
The probability of drawing two diamonds (to complete a flush) after discarding the 5 and 7.
Below are scores for 10 randomly selected students on each exam. 95% confidence interval for the mean scores on?
What is the probability that a randomly selected monthly cell phone bill is more than $100?
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