Business 308

All assignments due the date I send no exceptions. Discussions due thursday before 12 midnite, Before Midnite today.

Respondes due in 24 to 48 hrs, quiz due in 60 hrs, assignment due in 60 hrs.

For help with the Course Calendar, review the overview video in

Learning Outcomes

This week students will:

1. Distinguish between descriptive and inferential statistical analyses.
2. Identify nominal, ordinal, interval, and ratio data scales.
3. Calculate basic descriptive statistics.

Introduction

For Week One, the focus will be on the introduction of measures and numbers in day-to-day decision making. Statistics is the science of collecting, organizing, presenting, analyzing, and interpreting data to assist in making more effective decisions. In Chapter 2 of the course text, probability (the measure of the likelihood of an event that is more than just chance) is studied as a very important tool to be used within statistics to make decisions.

To prepare for the course, you are encouraged to install the free Analysis Toolpak add-in for Excel or for Mac users you are encouraged to install the free StatPlus:mac LE software.  Refer to the Week One Required Resources  (under Websites) for links to sources that provide installation instructions and information about how to use the Analysis Toolpak.  Note that calculations will be conducted using Excel, and weekly problem set assignments throughout the course should be submitted in Excelformat.