Bus 308 (Statistics for Managers) New Complete Course - Latest

BUS 308 (Statistics For Managers) NEW Complete Course - Latest

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WEEK 1

BUS 308 new Week 1 Problem Set Week One:

The performances of a group of interns are evaluated by their supervisors at the end of their internships. Their scores are: 55, 47, 62, 27, 50, 49, 66, 53, 50, 44, 63, 59. Complete the calculations below using this data. Show all of your work and clearly label each of your calculations. The mean the median the range the standard deviation the variance.

Scores

Mean 49.5833

Standard Error 3.2994

Median 50

Mode 50

Standard Deviation 11.4293

Sample Variance 130.6288

Kurtosis 0.3125

Skewness -0.6775

Range 39

Minimum 27

Maximum 66

Sum 595

Count 12

Mean

BUS 308 new Week 1 Quiz:

1. Question : Data on the city from which members of a board of directors come represent interval data.

Student Answer: True

False

Instructor Explanation: Answer found in section 1.3 Types of Data Scales inStatistics for Managers

Points Received: 1 of 1

Comments:

Student Answer: True

False

Instructor Explanation: Answer found in section 1.4 Describing or Inferring?, inStatistics for Managers

Points Received: 1 of 1

Comments:

Data Scales

BUS 308 new Week 1 DQ 1 Data Scales:

A marketing agency is interested in the buying habits of those who shop online versus those who shop in person. In your discussion post, address each of the following and explain your reasoning as to why you picked the specific scale:

1. A database is created and shoppers are classified as online or in-person shoppers. Such classifications represent data of which scale? Explain your reasoning.

2. Online and...