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Saturday, April 2, 2016

BUS 308 Week 4 DQ 1 Confidence Intervals

 April 02, 2016     No comments   


BUS 308 Week 4 DQ 1 Confidence Intervals

Earlier we discussed issues with looking at only a single measure to assess job-related results. Looking back at the data examples you have provided in the previous discussion questions on this issue, how might adding confidence intervals help managers understand results better?
Guided Response: Review several of your classmates’ posts. Respond to at least two classmates by commenting on whether or not you think changing the confidence intervals will result in a different outcome. Explain if you agree or disagree with the role of a confidence interval in the interpretation of the answer.

BUS 308 Week 4 DQ 2 Chi-Square Tests

Chi-square tests are great to show if distributions differ or if two variables interact in producing outcomes. What are some examples of variables that you might want to check using the chi-square tests? What would these results tell you?
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.

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