# QNT 561 All Discussions

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QNT 561 All Discussions

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https://uopcourse.com/category/qnt-561/

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## QNT 561 Wk 1 Discussion – Statistics

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.

Due Thursday

Respond to the following in a minimum of 175 words:

Discuss statistics. How are statistics useful for making managerial decisions?

Due Monday

## QNT 561 Wk 2 Discussion – Normal Distribution

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.

Due Thursday

Respond to the following in a minimum of 175 words:

Consider the demonstration problem 6.3 which uses a normal distribution to determine the probability associated with generating between 3.6 and 5 pounds of waste per year.

Discuss any one of the following concepts associated with this problem.

What are the “clues” that the problem can be solved with the use of the normal distribution?

What is the relationship between the x value (e.g 3.6) and the z score?

How is the probability of the event (3.6 to 5 pounds of waste) related to a specific area under the curve?

How do we determine the area between 2 z values?

Due Monday

## QNT 561 Wk 3 Discussion – Standard Error

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.

Due Thursday

Respond to the following in a minimum of 175 words:

The standard error of the estimate of the mean is represented by the equation: σ√n Discuss what this equation means, using your own words and explain why we use it. Consider how it relates to the fact that we are making assumptions about the population and not just the sample.

Due Monday

## QNT 561 Wk 4 Discussion – Conducting Hypotheses Tests

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.

Due Thursday

Respond to the following in a minimum of 175 words:

This week, we consider how to conduct hypotheses test on one sample data. Discuss the concepts associated with these tests. Consider the following:

The difference between a one tail and a two tailed test.

The importance of stating the null and alternative hypotheses before conducting the test.

The importance of a type one error (p) in conducting the test

The relationship between the p value and our decision to accept or reject the null hypothesis

Due Monday

## QNT 561 Wk 5 Discussion – Explaining Results to Decision-Makers

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.

Due Thursday

Respond to the following in a minimum of 175 words:

## QNT 561 Wk 6 Discussion – Regression Analysis

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