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During the term, you are responsible for highlighting, given the objectives of Business Analytics, one current event discussed in a news publication or news website.
Please post a summary of the event or topic, its relationship with our learning in this course, and the location of the source material. The intent is to begin a discussion about the material that will enhance learning about the topics in this course.
The article can be on Descriptive Statistics, Probability and the Normal Distribution, Sampling and Sampling Distributions, Regression Analysis, or Time Series Forecasting.
These can have a large impact on tenure and promotion decisions at many institutions. One particular instructor had ratings in 3 courses in one semester as given by the table below for the statement "The instructor is an excellent teacher.
The sample mean of the accounts is found to be y-bar = $94.22, and the sample variance is equal to $455.21. Estimate mu and place a bound on the error of estimation.
Is the school district correct in assuming the girls are equal in performance to boys. They are 95% sure their assumption is correct.
A study of 100 sedentary people in this age group is planned to test whether they have a higher or lower level of plasma glucose then the general population.
Standard error for regression equation - determination and non determination and explain the meaning of each.
Using the .10 level of significance, can we conclude that the assembly time using the new method is faster?
Determine the mean annual amount spent on household consumption per family with a sample of 100 families, an average amount of $8,000 spent, and if the population standard deviation is $500,
What was the critical F value chosen?
A company auditor was interested in estimating the total number of travel vouchers that were incorrectly filed. In a SRS of size n =50 oft of the group of N = 250, were filed incorrectly.
What is the probability that the police will strike and the firefighters will not? What is the probability that the firefighters will strike and the police will not?
If the names of these 100 people in the building are still unknown but a room is allowed to lodge one tenant at most , then are there how many ways of room occupation?
Utilizing jacobian method finding the probability density function. Utilizing either the CDF method or Jacobian method illustrate the probability density function of Y is given.
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