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Description Conduct an analysis of your project data. Prepare the items below based on the data from two of the variables in the data collection instrument. Determine the mean, median,

Description The p-value is one of the business statisticians best tools and friends. Evaluating the p-value provides insight and outcomes about null hypothesis and indicates strength of possible conclusions to

Description Initial post A research firm tracks the average highway speed of 30 drivers driving home on Day 1. For the next 10 days, the drivers are given two cups

Description A research firm tracks the average highway speed of 30 drivers driving home on Day 1. For the next 10 days, the drivers are given two cups of coffee

Description The p-value tells the strength of evidence supporting the null hypothesis. It is the probability of a test statistics assuming null hypothesis is true. In other words, it is

Description What does the p-value tell the business statistician, especially in terms of the normal curve? If the p-value is smaller than the level of significance, what does that mean

Description In ANOVA analysis, what is the real meaning of the term treatment? What does this really mean? Provide some examples of treatments from a business or managerial perspective.  

Description I appreciated the way you clearly stated the reason behind Spearman’s correlation based on ranked values instead of raw data. This is a prime example as to why we

Description http://www.tylervigen.com/spurious-correlations While humorous in nature, it underscores a valuable lesson about using stats — just because the data “proves” something, doesn’t make it factual! For example, we can all

Description Compare and contrast Spearman and Pearson correlations.Discussion board post. APA not necessary. Use one reference.