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SYM 506 Week 1 Discussion 1
Topic 1 Discussion 1
The U.S. government keeps statistics on many people in America. One interesting statistic is the poverty rate. To be living in poverty, one must earn income below a certain threshold (approximately $900 per month). Many multimillionaires are included in this statistic. Recently, Barbara Streisand was "living in poverty." In a particular year, she did not perform live, and her album sales were extremely slow. She has a great deal of wealth but had little income that year. Although she has more money than 99.99% of the rest of the population, the government believed that she was impoverished. What other statistic can you name that is misleading? Why?
SYM 506 Week 1 Discussion 2
Topic 1 Discussion 2
You just saw a commercial for the Tread Master, an exercise machine that claims an average weight loss of 10 pounds. A commercial for the Climber, a competing product, claims that only 1 out of 10 users of the Tread Master lost any weight at all. The rest of them gained weight. How can both of these claims be true?
SYM 506 Week 1 Business Assignment Help
Chapter 1 and 2 Practice Problems
Complete the problems below from the textbook. You will need to use the "Lincolnville School District Bus Data" file for this assignment.
- Chapter 1 - Problem 22
- Chapter 2 - Problem 53
For problems requiring computations, please ensure that your Excel file includes the associated cell computations and/or statistics output. This information is needed in order to receive full credit on these problems.
Submit output in one Excel file.
SYM 506 Week 2 Discussion 1
Topic 2 Discussion 1
The definition of probability is stated as: A measure of the likelihood that an event in the future will happen; it can only assume a value between 0 and 1, inclusive. Explain the meaning of the 0 and 1.
SYM 506 Week 2 Discussion 2
Topic 2 Discussion 2
You are looking for a home in a particular neighborhood, and you want to know the typical number of bathrooms and bedrooms, the square footage, and the appraised value of houses in that neighborhood. Which measure of central tendency (mean, median, or mode) would be the most appropriate for each piece of information listed, and why?
SYM 506 Week 2 Business Assignment Help
Chapters 3-5 Practice Problems
Complete the problems below from the textbook. You will need to use the "Lincolnville School District Bus Data" and the "Century National Bank Data" files for this assignment.
- Chapter 3 – Problem 88
- Chapter 4 – Problem 25
- Chapter 4 – Problem 46
- Chapter 5 – Problem 94
- Chapter 4 Case A – Century National Bank
For problems requiring computations, please ensure that your Excel file includes the associated cell computations and/or statistics output. This information is needed in order to receive full credit on these problems.
SYM 506 Week 2 Business Assignment Help 2
Assignment 2
For the statistics project you are completing in this course, you will need to select a relevant topic that will allow you to gather both qualitative and quantitative data. You may gather data from a group of your choice using a data collection instrument (survey or data mining) that you design. Using the results of that collection instrument, you will create a data set, analyze the data, and create a professional report showing the results of the data that you collected.
For this assignment you will choose a topic and create a data collection instrument. When selecting a topic, remember you need to collect both quantitative and qualitative data. Data collection could be done in the form of a survey via a medium such as Survey Monkey or Facebook or through available workplace content such as sales orders. You will want to collect data from approximately 30 observations. This means you will want to survey at least 30 people or select data from 30 different sales orders.
Submit the topic of the study, a rationale (one or two paragraphs) outlining the purpose of the study, and the data collection instrument you created as a Word document. Include relevant survey links if the data is being collected digitally.
APA format is not required, but solid academic writing is expected.
SYM 506 Week 3 Discussion 1
Topic 3 Discussion 1
Provide some examples of discrete and continuous variables. What attributes of these variables make them discrete and continuous? Why?
SYM 506 Week 3 Discussion 2
Topic 3 Discussion 2
Describe the term mutually exclusive. Provide some examples. Must the values of x in a discrete probability distribution always be mutually exclusive? Why or why not? Provide an example.
SYM 506 Week 3 Business Assignment Help 1
Chapter 6 and 7 Practice Problems
Complete the problems below from the textbook. You will need to use the "Baseball 2016 Data," "Lincolnville School District Bus Data," and the "Century National Bank Data" files for this assignment.
- Chapter 6 – Problem 45
- Chapter 6 – Problem 71
- Chapter 7 – Problem 53
- Chapter 7 – Problem 55
- Chapter 7 – Problem 76
- Chapter 7 Case A – Century National Bank
For problems requiring computations, please ensure that your Excel file includes the associated cell computations and/or statistics output. This information is needed in order to receive full credit on these problems.
Submit output in one Excel file.
You are not required to submit this assignment to Lopes Write.
SYM 506 Week 3 Business Assignment Help 2
Assignment 2
Creating a Data Set
Administer the data collection tool you created in the Topic 2 assignment. Using the data you collect, create an Excel table and complete the items below.
- Create two frequency tables based on two separate questions from your survey.
- Create a bar graph and a pie chart based on the data in the frequency tables.
- Determine the class intervals and create frequency distribution for each of the frequency tables.
- Create one frequency polygon of the data from the frequency distribution.
Create an individual Excel document for each of the required items.
APA format is not required, but solid academic writing is expected.
SYM 506 Week 4 Discussion 1
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Topic 4 Discussion 1
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You just saw an ad on television that states the majority of the population would vote to make smoking illegal. The poll that is referenced shows 53% of those asked supported making smoking illegal. In the fine print at the bottom of the screen, you see that the margin of error is +/- 3%. What is your reaction? Explain.
SYM 506 Week 4 Discussion 2
Topic 4 Discussion 2
As the marketing director of Harley-Davidson, you need to determine what your customers would like in the next model. You put a survey on the Harley website. Is this a good frame from which to select your sample? Explain.
SYM 506 Week 4 Business Assignment Help 1
Descriptive Statistics
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, and mode for each of the variables.
- What is the variance for each set of data for each of the variables?
- What is the standard deviation for each of the variables?
- What is the probability that each event occurs in each of the two variables.
Create an individual Excel document for each of the required items. Be sure to show your work.
APA format is not required, but solid academic writing is expected.
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