Bus 308 statistics for managers week 4 dq
BUS 308 Week 4 DQ 1 Confidence Intervals
Earlier we discussed issues with looking at only a single measure to assess job-related results. Looking back at the data examples you have provided in the previous discussion questions on this issue, how might adding confidence intervals help managers understand results better?
Ask a manger in your organization if they would prefer a single point estimate or a range for important measures, and why? Please share what they say.
BUS 308 Week 4 DQ 2 Chi-Square Tests
Chi-square tests are great to show if distributions differ or if two variables interact in producing outcomes. What are some examples of variables that you might want to check using the chi-square tests? What would these results tell you?