Exam 13: Matching Statistical Tests to Business Problems
Exam 1: The Language of Statistics62 Questions
Exam 2: Working With Numbers and Data Display62 Questions
Exam 3: Central Tendency and Variability62 Questions
Exam 4: Probability Distributions54 Questions
Exam 5: Sampling Distributions56 Questions
Exam 6: Estimation and Confidence Intervals52 Questions
Exam 7: Hypothesis Testing53 Questions
Exam 8: Tests for Significance: Z-Tests and One-Sample T-Tests56 Questions
Exam 9: Tests for Significance: Paired and Independent-Samples T-Test56 Questions
Exam 10: Analysis of Variance Anova55 Questions
Exam 11: CHI-Squared Tests of Fit56 Questions
Exam 12: Correlation R and Regression Y BX A54 Questions
Exam 13: Matching Statistical Tests to Business Problems57 Questions
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If you wanted to predict sales numbers from the number of sick days employees have taken, you could use regression.
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Sales (Time 1) Sales (Time 2) 3809 5223 5133 4053 4594 4471 6185 6589 4667 5550 5805 5579 5168 4891 3014 1365 4511 5981 4248 5497 Is there a relationship between Sales at Time 1 and Time 2? Complete the full hypothesis testing process as described in Chapter 7 to examine this question and draw all appropriate conclusions.
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(Essay)
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Correct Answer:
RQ: Is there a linear relationship between Money and Money?
H0: ρ = 0
H1: ρ ≠ 0
α = .05
t(8)crit = ±2.306
t(8) = 2.58, p = 0.03
r2 = 0.45
y′ = 1.05x - 29.86
Conclusion: Reject the null and accept the alternative. The correlation is statistically significant. There is a linear relationship between Money and Money. 45% of the variance in each variable is explained by the other variable. For every 1 point increase in Money, we'd expect a 1.05 increase in Money.
There is one "right" way to approach analysis to any particular research question.
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If you wanted to conduct a paired-samples t-test, but your outcome data were ordinal, a ______ might be more appropriate.
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With one interval-level DV and no IVs, you would most likely need to conduct a ______.
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Which of the following is an example of exploratory data analysis?
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Sales Service Warehouse Management 5339 7540 5453 7373 6970 3997 5421 5996 4497 5295 5381 6697 4750 4689 8074 7429 5357 3980 6473 7617 You would like to compare employees in each of the four departments of your organization: the sales department, the service department, the warehouse, and management. Specifically, you want to know if training costs are different due to Department. Complete the full hypothesis testing process as described in Chapter 7 to examine this question and draw all appropriate conclusions.
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The coefficient of determination alone can be used to assess ______.
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Under what conditions can a correlation coefficient indicate causation?
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With an independent-sample t-test, we identify that women have significantly higher job satisfaction than men. If we were to apply this to conclude that Employee A (who is female) has higher job satisfaction than Employee B (who is male), we have ______.
(Multiple Choice)
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If a dependent variable is measured twice, it is considered a ______ dependent variable.
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Correlation can be used to explore the relationship between ______.
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If you wanted to use an independent-samples t-test and your data were not normally distributed, you might use a Mann-Whitney U.
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With one nominal-level outcome variable, you would most likely need to conduct a ______.
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If we expect increased product costs to reduce sales, product costs would be the ______.
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If you want to compare your sample mean to a population mean, you should always use a z-test.
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By specifying an independent and dependent variable, we can make conclusions about causality.
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What is the difference between range restriction and range enhancement? What is the effect on a correlation when each occurs?
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With one three-level nominal variable and one interval-level outcome variable, you would most likely need to conduct a ______.
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