Bus308 Week 4 Basic Understanding Of Statistics

Due to financial hardship, the Nyke shoe company feels they only need to make one size of shoes, regardless of gender or height. They have collected data on gender, shoe size, and height and have asked you to tell them if they can change their business model to include only one size of shoes – regardless of height or gender of the wearer. In no more 5-10 pages (including figures), explain your recommendations, using statistical evidence to support your findings. The data found are below:

Statistics provides us with very useful tools and techniques that aide us in dealing with real world scenarios. I have been able to learn several useful concepts by studying statistics that can aide me in making rational and informed decisions that are supported by the analysis results. Statistics as a discipline is the application and development of various processes put in place to gather, interpret, and analyse the information. The quantification of biological, social, and scientific phenomenons, design and analysis of experiments and surveys, and application of

(1) A study of the number of cars sold looked at the number of cars sold at 500

Some questions in Part A require that you access data from Statistics for People Who (Think They) Hate Statistics. This data is available on the student website under the Student Test Resources link.

• Provide at least two examples or problem situations in which statistics was used or could be used.

Topics Distribution of the sample mean. Central Limit Theorem. Confidence intervals for a population mean. Confidence intervals for a population proportion. Sample size for a given confidence level and margin of error (proportions). Poll articles. Hypotheses tests for a mean, and differences in means (independent and paired samples). Sample size and power of a test. Type I and Type II errors. You will be given a table of normal probabilities. You may wish to be familiar with the follow formulae and their application.

The performances of a group of interns are evaluated by their supervisors at the end of their internships.

Prior to this course I have used statistics in my professional life. During my previous employment at the University of Tennessee, College of Veterinary Medicine I worked in the student admissions which made my primary job focus the student application process. This process required me to compile statistical information on our applicant pool for faculty and administrative staff to determine who would be accepted. This statistical data included both categorical data, such as current grade level in undergraduate studies, gender, and ethnicity, as well as numerical data such as age, GPAs, average number of courses taken in a semester, credit hours completed, and test scores (Mirabella, 2011). After the admissions process was completed, these different

Statistics, facts, data, and comparisons are absorbing and challenging to present in a way that is anything other than, well, boring. For purposes of an informational presentation, the statistics are unavoidable. However, in this

You are all interested in something. Explore the literature (magazines, books, web sites, etc) for your interest area and find an example of the use of graphical statistics. I suggest a Google search using the Images option, and select some interesting and visual display of data. Identify the related materials that support the graphic and containing some form of statistical analysis and/or display. Review your materials using the framework offered below.

Statistics refers to the use of numerical information in everyday life to calculate facts and figures in limitless circumstances. In addition, statistics refers to the scientific collecting, classifying, summarizing, organizing, analyzing, and interpreting numerical data. This week the class’s objectives were to apply the steps in testing a research hypothesis, to compare the means of two or more groups, and to calculate the correlation between two variables. Learning Team D’s members have reflected on each of these issues and share their insights on these objectives.

Statistics is a mathematical science pertaining to the collection, analysis, interpretation or explanation, and presentation of data. It is applicable to a wide variety of academic disciplines, from the physical and social sciences to the humanities. Statistics are also used for making informed decisions – and misused for other reasons – in all areas of business and government. Statistical methods can be used to summarize or describe a collection of data; this is called descriptive statistics. In addition, patterns in the data may be modeled in a way that accounts for randomness and uncertainty in the observations, and then used to draw inferences about the process or population being studied; this is called inferential statistics. Both

So while I never want to take a statistics course, and while statistics scientifically involves so many numbers and mathematical principles, I am now interested in seeing how statistics is different from what everyone has said. It is wonderful to think that everyone can be connected through these

When working with uses of statistical information there is as few topics individuals and organizations need to know and these are how are statistics used in the workplace, what is one example of descriptive statistics used in the workplace and what is one example of inferential statistics used in the workplace. Plus how is data at each of the four levels of measurement used in the workplace? If the workplace does not use all four levels, describe how such data could be used. What are the advantages of accurate interpretation of statistical information to improve decisions making in the

6. ……… ………….. Question??? 1. What is Statistics? 2.