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.
Black
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 t
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
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
Ques
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 .1
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
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 interva
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
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
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
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
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
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 hypothes
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 th
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. Wha
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 r
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 clas