Alliance Design Concepts
Part 1: Case summary
(what is going on, what are the issues/problems for Alliance Design)
1: mention business
2: Foreign exchange risk: customers are paying CAD, suppliers are
Introduction
Terminology
Types of Data and Studies
Sample as Compared to Population
Sampling and the Normal Distribution
Week 6: Random Variables III: Sampling
Peter Kim
Department of Mathematics and
Introduction
Terminology
Types of Data and Studies
Sample as Compared to Population
Plots from our Past
Week 1: Statistical Thinking
Peter Kim
Department of Mathematics and Statistics
University of Gu
STAT*2060DE
Questions for Assignment #3
Please input your responses into the D2L quiz Assignment #3 by the deadline. The usual
guidelines apply. Please give your responses to at least 3 decimal places
STAT*2060DE
Questions for Assignment #2
Please submit your responses to this question on the D2L quiz labelled Assignment #2.
Please input your answer in decimal form, and not as a fraction (the progr
STAT*2060: Statistics for Business Decisions
Week 3 Lectures
1
Introduction to Probability
Before we get into how to calculate probabilities of various experiments (or procedures), we first need
some
STAT*2060DE
Questions for Assignment #1
Assignment #1 will be a D2L quiz. The questions on the quiz will be the same as those
given here. Read the document Intro to quizzes for STAT*2060DE on D2L for
STAT*2060DE F
Questions for Assignment #6
This will be another D2L quiz. Please input your responses before the deadline. Give at
least 3 decimal places where applicable.
Questions #1 - #8 refer to th
STAT*2060DE F
Questions for Assignment #7
Assignment #7 is another D2L quiz. All of the calculations are possible by hand, but some
may be lengthy. You may want to carry out some of these procedures o
find more resources at oneclass.com
STAT*2060: Statistics for Business Decisions
Week 2 Lectures
1
Measures of Central Tendency
The most common measures of central tendency are the mean, median, and m
find more resources at oneclass.com
STAT*2060: Statistics for Business Decisions
Week 5 Lectures
1
Review from Week 4: Continuous Probability Distributions
f(x)
The continuous probability distribution
STAT2060
Week 7: Hypothesis Tests
Definitions
o
Hypothesis: formulated in terms of the unknown population parameters
o
Null Hypothesis: denoted by H0 is a conservative statement to be tested
o
Alterna
Homework: Custom edition p. 432, 8.1-8.2. or 11th edition, p. 393, 7.1-7.2. or 10th edition, p.
418, 7.1-7.2.
STAT2060 Week 8
Hypothesis Tests: Two Sample
Hypothesis Test for Two Means
For two populat
STATS 2060
Observational study: recording what products customers tend to purchase
Designed experiment: focus groups- assigning individuals to specific products, commercials
Surveys: survey people at
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2. A)
2.B)
2.C) Visitors from Ontario increased steadily while visitors from the US declined almost
each year. This might of been because of the increasing Canadian dollar made travelling across
the b
Data Project 1
1.A) The variable msrp means manufacturer's suggested retail price. The vehicles in the
dataset were from different countries and released in different years so the actual msrp was
con
STAT*2060: Statistics for Business Decisions
Week 6 Lectures
1
The Normal Distribution
The Normal distribution is one of the most important continuous probability distributions. It serves
as the basis
STAT*2060DE F
Questions for Assignment #8
Assignment # 8 is another D2L quiz. Please input your responses before the deadline. The
usual rules apply. Give at least 3 decimal places where applicable.
T
STAT*2060DE
Summary Notes for Unit 1: Descriptive Statistics
For each section of the course Ill put up summary notes of the required material. At the
end of these notes there will be suggested textboo
STAT*2060: Statistics for Business Decisions
Week 4 Lectures
1
Discrete and Continuous Random Variables
A random variable is a variable that takes on numerical values according to a chance process. Th
STAT*2060: Statistics for Business Decisions
Week 1 Lectures
1
What is Statistics?
1: A characteristic of a sample (we will come back to this shortly!)
2: The science of collecting, analyzing, interpr
STAT*2060: Statistics for Business Decisions
Week 5 Lectures
1
Review from Week 4: Continuous Probability Distributions
f(x)
The continuous probability distribution is represented by a probability den
STAT*2060: Statistics for Business Decisions
Week 1 Lectures
1
What is Statistics?
1: A characteristic of a sample (we will come back to this shortly!)
2: The science of collecting, analyzing, interpr
STAT*2060: Statistics for Business Decisions
Week 2 Lectures
1
Measures of Central Tendency
The most common measures of central tendency are the mean, median, and mode.
Mean: Average of all data sampl
Week 7: Hypothesis tests: one sample
Week 7: Hypothesis tests: one sample
Peter Kim
Department of Mathematics and Statistics
University of Guelph
Feb 23 Feb 27, 2015
Week 7: Hypothesis tests: one samp
Week 5: Random variables II: Continuous
Peter Kim
Department of Mathematics and Statistics
University of Guelph
Feb 2 Feb 6, 2015
Peter Kim (Department of Mathematics and Statistics
Week 5:University
Week 4: Random variables I: discreet
Peter Kim
Department of Mathematics and Statistics
University of Guelph
Jan 26 Jan 30, 2015
Peter Kim (Department of Mathematics and Statistics
Week University
4:
Basic Definitions
Compound Events
Conditional Probability and Independence
Sampling
Bayes rule
Week 3: Probability
Peter Kim
Department of Mathematics and Statistics
University of Guelph
Jan 19 23, 20
Data
Measures of Location
Measures of spread
zscore and Outliers
Empirical rule
Week 2: Descriptive Statistics
Peter Kim
Department of Mathematics and Statistics
University of Guelph
Jan 12 16, 2015
P
STAT*2060: Statistics for Business Decisions
Week 1 Lectures
1
What is Statistics?
1: A characteristic of a sample (we will come back to this shortly!)
2: The science of collecting, analyzing, interpr
STAT*2060: Statistics for Business Decisions
Week 3 Lectures
1
Introduction to Probability
Before we get into how to calculate probabilities of various experiments (or procedures), we first need
some
STAT*2060: Statistics for Business Decisions
Week 4 Lectures
1
Discrete and Continuous Random Variables
A random variable is a variable that takes on numerical values according to a chance process. Th
STAT*2060: Statistics for Business Decisions
Week 8 Lectures
1
Introduction to Hypothesis Testing
Hypothesis testing is the second main type of statistical inference. In hypothesis testing, we transla
STAT*2060: Statistics for Business Decisions
Week 5 Lectures
1
Review from Week 4: Continuous Probability Distributions
The continuous probability distribution is represented by a probability density