WEEK 5 Questions-Must Know Statistics
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Two Separate post-two separate answers: 150 word or more each
Ashford 6: – Week 5 – Discussion 1
Your initial discussion thread is due on Day 3 (Thursday) and you have until Day 7 (Monday) to respond to your classmates. Your grade will reflect both the quality of your initial post and the depth of your responses. Reference the Discussion Forum Grading Rubric for guidance on how your discussion will be evaluated.
Correlation
What results in your departments seem to be correlated or related to other activities? How could you verify this? Create a null and alternate hypothesis for one of these issues. What are the managerial implications of a correlation between these variables?
Guided Response: Review several of your classmates’ posts. Respond to at least two classmates by explaining whether or not you think that there is a relationship between the variables discussed.
Respond
Ashford 6: – Week 5 – Discussion 2
Your initial discussion thread is due on Day 3 (Thursday) and you have until Day 7 (Monday) to respond to your classmates. Your grade will reflect both the quality of your initial post and the depth of your responses. Reference the Discussion Forum Grading Rubric for guidance on how your discussion will be evaluated.
Regression
At times we can generate a regression equation to explain outcomes. For example, an employee’s salary can often be explained by their pay grade, appraisal rating, education level, etc. What variables might explain or predict an outcome in your department or life? If you generated a regression equation, how would you interpret it and the residuals from it?
Guided Response: Review several of your classmates’ posts. Respond to at least two classmates by commenting on how this information might be used to make business decisions.
Respond
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