RES 341 Week 3 Discussion Question

Discussion Questions

Define and discuss discrete and continuous data.  What are some differences between discrete and continuous data?

Define and discuss the Pareto chart.  Where/How would a Pareto chart be used in your company?

Can discrete data be analyzed using a normal distribution? Why or why not?

Define and discuss Bayes's Theorem?

State the General Law of Addition of Probabilities.  Demonstrate the use of the General Law of Addition of Probabilities with an example from your work or life.

State the General Law of Multiplication of Probabilities.  Demonstrate the General Law of Multiplication of Probabilities using an example from your life or work.

What type of graphical representation can be used with continuous data?  What type of graphical representation can be used with discrete data?

What are some differences between discrete and continuous data? 

Is the measurement of money continuous or discrete? Explain. 

Can discrete data be analyzed using a normal distribution? Why or why not?

What are some differences between discrete and continuous data? Can discrete data be analyzed using a normal distribution? Why or why not?

Is the measurement of money continuous or discrete? Explain.

Can discrete data be analyzed using a normal distribution? Why or why not?