Week 2 Discussion 1 & 2

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BUS625Week2-DiscussionForum1.docx

Week 2 - Discussion Forum 1

Required Resources

Text

Sharpe, N. D., De Veaux, R. D., & Velleman, P. F. (2019). Business statistics (4th ed.). Retrieved from https://www.redshelf.com

· Chapter 3: Describing, Displaying, and Visualizing Quantitative Data (AIG)

· Chapter 4: Correlation and Linear Regression (Zillow.com)

Book

Tetlock, P.E & Gardner, D. (2015). Superforecasting: The art and science of prediction. Retrieved from https://www.redshelf.com

· Chapter 3: Describing, Displaying, and Visualizing Quantitative Data (AIG)

· Chapter 4: Correlation and Linear Regression (Zillow.com)

Web Pages

Numbeo. (n.d.). Cost of living (Links to an external site.). Retrieved from https://www.numbeo.com/cost-of-living/

· This web page provides information about the cost of living in various cities and will assist you in your Identifying Relationships Between Variables assignment this week. Accessibility Statement does not exist. Privacy Policy (Links to an external site.)

United States Census Bureau. (n.d.). Library: Infographics & visualizations (Links to an external site.). Retrieved from https://www.census.gov/library/visualizations.html

· This web page provides infographics and visualizations representing various data sets collected by the U.S. Census Bureau. It will be useful in your Interpretation of Quantitative Distributions Peer Feedback discussion forum this week. Accessibility Statement (Links to an external site.) Privacy Policy (Links to an external site.)

U.S. Small Business Administration. (n.d). Office of Entrepreneurship Education | Resources (Links to an external site.). Retrieved from https://www.sba.gov/offices/headquarters/oee/resources/2836

· This web page provides general business and data statistics collected by the U.S. Small Business Administration. It will be useful in your Interpretation of Quantitative Distributions Peer Feedback discussion forum this week. Accessibility Statement (Links to an external site.) Privacy Policy (Links to an external site.)

Websites

United States Census Bureau (Links to an external site.). (https://www.census.gov/)

· This website provides access to U.S. data gathered by the U.S. Census Bureau. It will be useful in your Interpretation of Quantitative Distributions Peer Feedback discussion this week. Accessibility Statement (Links to an external site.) Privacy Policy (Links to an external site.)

U.S. Department of Commerce, Bureau of Economic Analysis (Links to an external site.). (https://www.bea.gov/)

· This website provides access to federal economic data sets gathered by the Bureau of Economic Analysis. It will be useful in your Interpretation of Quantitative Distributions Peer Feedback discussion forum this week. Accessibility Statement (Links to an external site.) Privacy Policy (Links to an external site.)

Instruction

Prior to beginning work on this discussion forum, read Chapters 3 and 4 of your textbooks. Find a quantitative variable and an associated graph that depicts a demographic about the United States. This can be any topic of your choosing. Government data, business publications, and corporations’ websites are good sources of information. You may want to begin your search using one of the following resources:

· United States Census Bureau (Links to an external site.)

· United Sates Census Bureau’s Library: Infographics & Visualizations (Links to an external site.)

· S. Department of Commerce, Bureau of Economic Analysis (Links to an external site.)

· S. Small Business Administration’s Office of Entrepreneurship Education | Resources (Links to an external site.)

In your post,

· Post the URL and the distribution graph from the website.

· Discuss who you believe generated the data. Do you think it is credible?

· Discuss what the graph reveals about the variable.

· Explain any unusual aspects, as well as the shape, center, and spread of the distribution.

· Discuss your own interpretation of the distribution.