COURSE SYLLABUS
MGMT501-001 Data Driven Decision Support
Summer 2017
Class Information: Meets Tuesdays and Thursdays at 4:00 pm in GSM 117
during 8-week Summer Semester starting on June 5, 2017.
Blackboard Learn enhanced
Instructor: M Peter Jurkat
E-Mail:
Question 1
2 out of 2 points
Solve the problem.
A personnel director studied the eating habits of a company's
employees. The director noted whether employees brought their own
lunch to work, ate at the company cafeteria, or went out to eat lunch.
This ty
Question 1
2 out of 2 points
Solve the problem.
The mean
of a data set is 36.71, and the sample standard
deviation s is 3.22. Find the interval representing measurements
within one standard deviation of the mean.
Selected Answer:
Answers:
(33.49,
39.93)
Question 1
2 out of 2 points
Answer the question True or False.
In most situations, the true mean and standard deviation are unknown
quantities that have to be estimated.
Answers Tru
:
e
Fals
e
Question 2
2 out of 2 points
Solve the problem.
Which of th
A literature professor decides to give a 15-question true-false quiz.
She wants to choose the passing grade such that the probability of
passing a student who guesses on every question is less than .10.
What score should be set as the lowest passing grade
Question 1
0 out of 1 points
Solve the problem.
An experiment consists of rolling two dice and summing the resulting values. Which of the
following is not a sample point for this experiment?
Selected Answer:
7
Answers:
1
6
2
7
Question 2
0 out of 1 poin
Chapter 6:
Elements of Hypothesis Testing:
1. Null (H0) hypothesis accepted unless evidence (ALWAYS contains =, , )
2. Alternative (H1 or H)- accepted IF evidence
3. Test statistics- from sample data
4. Rejection region
5. Assumption about distribution o
MGT 501 Statistical Analysis for Business Decisions
Chapter 2 Method for Describing Sets of Data
Q1. Key terms
a. What is class? What is class frequency? What is class relative frequency? What is class
percentage?
b. What are the tools that can be used to
MGT 501 Bonus Take Home Exam (30pts accounts for 5% of semester grade)
Name
Student ID
Q1. Given the following data (5pts. 1 pts each)
12, 23, 5, 8, 11, 12
Calculate
a.
b.
c.
d.
e.
Answer:
Mean
Median
Mode
Range
Sample standard deviation
Q2. Use the data
MGT 501 Statistical Analysis for Business Decisions
Chapter 1 Statistic, Data, and Statistical Thinking
Q1. Descriptive vs. Inferential statistics
a. What is statistics?
b. What are the two processes of the statistics
c. What is descriptive statistics? Wh
Statistical Analysis for Business Decisions
Chapter 6 7 Sample Exam
Instructor Dr. Jack Su
1. Which of the following statements is not true? (B)
a. Null hypothesis is one of the elements of hypothesis testing.
b. Null hypothesis represent the hypothesis t
MGT 501 Statistical Analysis for Business Decisions
Chapter 5 Inferences based on a single sample: estimation with confidence
intervals
Q1. Point vs. interval estimation
a. Statistical methods
b. What is target parameter?
The unknown population parameter
MGT 501 Statistical Analysis for Business Decisions
Chapter 6 Inferences based on a single sample: tests of hypotheses
Q1. Terms and elements of hypothesis testing
a. What are the elements of hypothesis testing?
b. What is null hypothesis
c. What is alter
MGT 501 Statistical Analysis for Business Decisions
Chapter 7 Inferences based on two samples
Q1. Large sample confidence interval
Youre a financial analyst for Charles Schwab. You want to estimate the difference in dividend
yield between stocks listed on
MGT 501 Statistical Analysis for Business Decisions
Chapter 10 Simple Linear Regression
Q1. Deterministic vs. Probabilistic Model
1. What is deterministic model and what is probabilistic model?
2. What is the general form of probabilistic model?
3. What i
MGT 501 Statistical Analysis for Business Decisions
Chapter 11 Multiple Regression and Model Building
Q1. Multiple vs. simple regression model
a. What are the differences between multiple and simple regression?
b. What is the general form of multiple regr
Question 1
0 out of 2 points
Solve the problem.
A survey of 865 voters in one state reveals that 408 favor approval of
an issue before the legislature. Construct an approximate 95%
confidence interval for the true proportion of all voters in the state
wh