You are provided with two options for your course project below. Select ONE of the options below for your analysis. Option 1 allows you to analyze job salaries for the state of Minnesota. Option 1...
Popular Questions - Mathematics – Statistics
Case Study: Mortgage Approval Time Study Read the following case study: A major financial services company wishes to better understand its mortgage approval process. In particular, the company is...
Understanding factors that inform business process outcomes is an important aspect of improving business operations. Conventional wisdom plans experiments one factor at a time (OFAAT). Compare and...
Recall the car data set you identified in Week 2. You will want to calculate the average for your data set. (Be sure you use the numbers without the supercar outlier) Once you have the average...
Using the data set that you identified in week 1, use Excel to find the following descriptive statistics for the price data. Descriptive statistics: Mean Median Standard Deviation Use these summary...
Decisions about alpha level may be different, especially as it relates from hard sciences to social sciences. For example, a medical trial for cancer treatments conducts their statistical tests at...