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This Tutorial was purchased 6 times & rated A+ by student like you.
If using RES/351 data:
Ask your instructor for specific information regarding the analysis you are required to perform for your data set.
Combine your Week Two Learning Team assignment and Week Three findings with Week Five findings and make a recommendation to the r..

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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?
..

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Week 4 DQ3
Please explain the five steps used in hypothesis testing. How does the fivestep procedure for hypothesis testing differ when comparing two groups using a t or ztest? How is the process similar?
..

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Week 4 DQ2
Why does the significance level differ among industries? Will the null hypothesis be more likely to be rejected at α = 0.01 than α = 0.10? As the significance level increases to α = 0.10 from α = 0.01, which type error is more likely to occur? What can be done to reduce the likelih..

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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?
..

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Resources: Appendix A1 at the end of Basic Statistics for Business and Economics
Answer question 60 (both parts a. and b.) in the Data Set Exercises from Ch. 6 of Basic Statistics for Business and Economics.
Answer question 54 (both parts a. and b.) in the Data Set Exercises from Ch. 7 of..

This Tutorial was purchased 3 times & rated A+ by student like you.
Week 3 DQ4
What are the characteristics of standard normal distribution? Explain how to calculate the ztest static. Explain how a zvalue is used to calculate the area under the distribution and the meaning of P(0 to z) when z = 1.96.
..

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Week 3 DQ3
What are the basic differences between a discrete and a continuous distribution?
..

This Tutorial was purchased 3 times & rated B+ by student like you.
Week 3 DQ2
What is the role of probability concepts in business decisionmaking? Provide specific examples.
..

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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.
..

This Tutorial was purchased 4 times & rated A+ by student like you.
This tutorial contains 2 different Sets of papers
If using RES/351 data:
Revise the report submitted in Week Two based on the feedback provided by the instructor in the team assignment, and insight gained by reading.
Summarize the data collected using ..

This Tutorial was purchased 2 times & rated A by student like you.
Resources: Appendix A1 at the end of Basic Statistics for Business and Economics
Answer question 68 in the Data Set Exercises from Ch. 3 of Basic Statistics for Business and Economics.
Answer question 34 in the Data Set Exercises from Ch. 4 of Basic Statistics for Business and Economics.
..

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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?
..

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Week 2 DQ3
What level of data is a telephone number? Explain.
..

This Tutorial was purchased 6 times & rated No rating by student like you.
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?
..

This Tutorial was purchased 3 times & rated A by student like you.
This tutorial contains 2 different Sets of papers
Discuss with your team whether you have data from RES/351, and if your team would like to use one team member’s data for the Learning Team assignments in this course.
If using data from RES/351:
Resourc..

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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.
..

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Week 1 DQ3
Develop five demographic questions to measure gender, age, years of experience, level of education, and ethnicity. Identify the level of measurement used for each
..

This Tutorial was purchased 2 times & rated A+ by student like you.
This tutorial contains 2 different Sets of papers
Define statistics.
Identify different types of statistics.
Describe the role of statistics in business decision making.
Write a 300word summary providing at least three examples or problem situations in which statistics..

This Tutorial was purchased 2 times & rated A+ by student like you.
1) The main purpose of descriptive statistics is to
2) The general process of gathering, organizing, summarizing, analyzing, and interpreting data is called
3) The performance of personal and business investments is measured as a percentage, return on inve..
