MBA5800 Capella University Inferential Statistical Methods Discussion

MBA5800 Capella University Inferential Statistical Methods Discussion

MBA5800 Capella University Inferential Statistical Methods Discussion

Inferential Statistical Methods Using Excel

DISCUSSION RESOURCES

The following resources will help you complete this discussion and may be useful in completing your third assignment.

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  • Lind, D. A., Marchal, W. G., & Wathen, S. A. (2019). Basic statistics for business and economics (9th ed.). New York, NY: McGraw-Hill.
    • Chapter 5, “A Survey of Probability Concepts.”
      • Review this chapter as needed.
    • Chapter 8, “Sampling Methods and the Central Limit Theorem.”
      • Sampling a population gives us information to make judgments and inferences about the population. This chapter discusses methods of selecting a sample from a population and how to think about the distribution of the sample.
  • Thomas, R., & McSharry, P. (2015). Big data revolution: What farmers, doctors, and insurance agents can teach us about patterns in big data. West Sussex, England: Wiley.
    • Chapter 7, “Government and Society.”
    • Chapter 8, “Corporate Sustainability.”

INSTRUCTIONS

Using the work you did for your last assignment, write two to three sentences introducing the company whose stock you downloaded. Then explain the process by which you created each required graph. It is acceptable to reuse the text from your assignment for this discussion.

 

UNFORMATTED ATTACHMENT PREVIEW

Barbara Bradley MBA5008 Jama Bradley 10/20/2019 • Visual display of statistical data and results • It is more effective that tabular form of presentation • It helps to quantify, present and sort data in a manner that is easy to understand • Graphical representation of data helps in analyzing and understanding data • Below is a graph with a list of 20 students and a graphical representation of their scores • The graph shows the Math’s, English, and science lessons • The graph enables the viewer to understand the records easily without getting into the details Fig 1 (Student scores). Source: Fictional https://www.researchgate.net/publication/320744695_Graphi cal_representations_of_data_improve_student_understanding_ of_measurement_and_uncertainty_An_eye-tracking_study • The