Running head: WEEK 1 ASSIGNMENT
1
BUS 308 BUS308 Week1
Week 1
BUS308:StatisticsforManagers
Professor
Name
Date
1.2 Below we list several variables. Which of these variables are quantitative and which are qualitative?
1)The dollar amount of on an accounts

BUS 308 BUS308 Week4
Week 4 Assignment
BUS308: Statistics for Managers
Professor
Name
Date
9.13THEVIDEOGAMESATISFACTIONRATINGCASE
RecallthatverysatisfiedcustomersgivetheXYZBoxvideogamesystemaratingthatisatleast
42.SupposethatthemanufactureroftheXYZBoxwish

BUS 308 BUS308 Week 1
You are the manager at a company and are asked to present a report on the year-to-date
performance of your division. What type of statistical information would you include in
your report? In particular, which descriptive statistics (

BUS
308
BUS30
8 Week
4
1.
Student
Answer:
Question :
Consider using p-value to test H0 versus Ha by setting
equal to .10. We reject H0 at level of significance if
and only if the p-value is:
Greater than /2
Greater than
Less than
None of the above

BUS 308 BUS308 Week 5
Gas Prices Linear Regression
BUS308: Statistics for Managers
Professor
Name
Date
Gas Prices Linear Regression
As a manager of a delivery service our bottom line and profit margins are extremely
dependent upon the rise and fall of gas

Regression Analysis
r 0.655
r 0.809
Std. Error 0.421
ANOVA table
Source
Regression
Residual
Total
3.500
n 30
k 1
Dep. Var. Average
3.000
2.500
SS
9.4150
4.9551
14.3701
Regression output
variables
coefficients
Intercept
-127.6435
Year
0.0647
df
1
28
29
std

BUS 308 BUS308 Week 5
Quality Control. Visit the websites on Quality Control (QC) listed in the Required Websites
for this week. In addition, locate an article on the Internet or in the Library databases that
describes an example of the use of statistics

BUS 308 BUS308 Week 5
Linear Correlation. Do you think there is a correlation between CEO salaries and the
degree of success of a company? If you were to take a sample of companies with
comparable size, market capitalization, and product category, and plo

BUS 308 BUS308 Week 1
The Empirical Rule vs. Chebyshevs Theorem
Discuss how the Empirical Rule works and how it relates to the bell curve as illustrated in
Figure 3.14 (a). Then, explain Chebyshevs Theorem and how it is different from the
Empirical Rule.

BUS 308 BUS308 Week4
Give an example of a hypothesis test you could perform at work or at
home. State what the Null and the Alternative hypotheses would be in
your test. Explain how you would settle on a reasonable level of
significance for your scenario.

BUS 308 BUS308 Week 4
Creating Hypotheses. Assume you are the manager of a paint manufacturing factory. Your
company has received complaints from customers that the containers hold less than the
amount printed on them. On the other hand, corporate managem

Running head: WEEK 2 ASSIGNMENT
1
BUS 308 BUS308 Week 2
Week 2
BUS308: Statistics for Managers
Professor
Name
date
Running head: WEEK 2 ASSIGNMENT
4.4
a.
This diagram produced using Tree Diagram Generator.
b.
1) BBB, GGG
2) BGG, GBG, GGB
3) GBB, BGB, BBG

BUS 308 Question :
BUS308
Week 3
1.
Student Answer:
There is little difference between the values of t a/2 and Za/2 when the
sample
size is small.
size is large.
mean is small.
mean is large.
standard deviation is small.
Points Received:
1 of 1
Comments:

Running head: WEEK 3 ASSIGNMENT
1
BUS 308 BUS308 Week3
Week 3 Assignment
BUS308: Statistics for Managers
Professor
Name
Date
Running head: WEEK 3 ASSIGNMENT
2
7.11
a.
The sample mean is normally distributed. No, we do not have to make any assumptions abou

BUS 308 Question :
BUS308
Week
2
1.
Student Answer:
In a statistical study, the random variable X = 1, if the house is colonial,
and X = 0 if the house is not colonial, then it can be stated that the random
variable is continuous.
True
False
Points Receiv

BUS 308 BUS308 Week
3
Article Review. Many articles present statistical data and list margins of error (for
example, reports on political opinion polls, growth or decline of the housing markets,
manufacturing sectors, etc.). Find one such article from a r

BUS 308 BUS308 Week 3
Unscientific Sampling. Consider question 7.45 from the text: A Milwaukee television
station, WITI-TV, conducted a telephone call-in survey asking whether viewers liked the
new newspaper, the Journal Sentinel. On April 26, 1995, Tim C

BUS 308 BUS308 Week 2
Applications for Probability. In what situations might you use probability as a manager to
approach business-related problems? What are the advantages to using probability
concepts in business decisions? Are there any disadvantages o

BUS 308 Question :
BUS308
Week 1
1.
Student Answer:
The two types of quantitative variables are
ordinal and ratio.
interval and ordinal.
nominative and ordinal.
interval and ratio.
nominative and interval.
Points Received:
1 of 1
Comments:
2. Question :
S

BUS 308 BUS308 Week 2
Relative Frequency. Conceptually we would expect the probability of newborn males and
females to be the same. However, census reports indicate that the ratios of males and
females in various countries do not conform to the theoretica