Business Analytics and Decision Making Was it Real or Fake? Hypotheses 101 Hypotheses and hypothesis testing are important tools in analysis that use the scientific method. Most of us first learned about the topic for a science project in elementary school. As graduate students and business professionals, the...
Business Analytics and Decision Making Bias, Statistics, News and Lies. Statistics and Lies "There are three kinds of lies: lies, damned lies, and statistics." - Mark Twain. A mid-twentieth century book: Lessons on How to Lie with Statistics still holds true. 2020 was a year filled with lies and...
Business Analytics and Decision Making CORRELATION REGRESSION ANALYSIS Assignment Overview Regression Analysis This is your final data analysis project in class. You have become very familiar with the data and have a number of findings that may assist in managerial decision-making. The goal is to find what type of...
Business Analytics and Decision Making CORRELATION REGRESSION ANALYSIS Assignment Overview Correlation and Scatterplots Let us delve into Organizational Commitment. In your earlier research, you discovered how important this is to a company. Now, we will investigate what types of correlations exist between Organizational Commitment and the three measures of...
Business Analytics and Decision Making CORRELATION REGRESSION ANALYSIS Assignment Overview Regression Analysis This is your final data analysis project in class. You have become very familiar with the data and have a number of findings that may assist in managerial decision-making. The goal is to find what type of...
Business Analytics and Decision Making DESCRIPTIVE STATISTICS AND VISUAL DISPLAYS Assignment Overview Professional Application with Excel Critical thinking and analysis are valuable skills for professionals in any industry. Exploring data can include financials, sales figures, benchmarks, or survey results. While data is everywhere, it is meaningless unless we can...
Business Analytics and Decision Making DESCRIPTIVE STATISTICS AND VISUAL DISPLAYS Assignment Overview Professional Application with Excel Critical thinking and analysis are valuable skills for professionals in any industry. Exploring data can include financials, sales figures, benchmarks, or survey results. While data is everywhere, it is meaningless unless we can...
Business Analytics and Decision Making DESCRIPTIVE STATISTICS AND VISUAL DISPLAYS Assignment Overview Professional Application with Excel Critical thinking and analysis are valuable skills for professionals in any industry. Exploring data can include financials, sales figures, benchmarks, or survey results. While data is everywhere, it is meaningless unless we can...
Business Analytics and Decision Making HYPOTHESIS TESTING: T-TESTS & ANOVAS Assignment Overview Hypothesis Tests & ANOVA One-Way ANOVA (Analysis of Variance) tests if there are statistical differences between the means of three or more independent groups. Case 2 Resources Analysis of Variance (ANOVA) Single factor ANOVA in Excel or one way ANOVA...