Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Discussion Questions 1 & 2

DQ #1: Multiple Testing / ANOVA / Effect Size

Although the initial post is due on Day 5, you are encouraged to start working on it early, as it is a three-part discussion that should be completed in sequential order.

Part One - Multiple Testing

Read Lecture Seven. The lectures from last week and Lecture Seven discuss issues around using a single test versus multiple uses of the same tests to answer questions about mean equality between groups. This suggests that we need to master-or at least understand-a number of statistical tests. Why can't we just master a single statistical test-such as the t-test-and use it in situations calling for mean equality decisions? (This should be started on Day 1.)

Part Two - ANOVA

Read Lecture Eight. Lecture Eight provides an ANOVA test showing that the mean salary for each job grade significantly differed. It then shows a technique to allow us to determine which pair or pairs of means actually differ. What other factors would you be interested in knowing if means differed by grade level? Why? Can you provide an ANOVA table showing these results? (Do not bother with which means differ.) How does this help answer our research question of equal pay for equal work? What kinds of results in your personal or professional lives could use the ANOVA test? Why? (This should be started on Day 3.)

Part Three - Effect Size

Read Lecture Nine. Lecture Nine introduces you to Effect size measure. There are two reasons we reject a null hypothesis. One is that the interaction of the variables causes significant differences to occur - our typical understanding of a rejected null hypothesis. The other is having a large sample size - virtually any difference can be made to appear significant if the sample is large enough. What is the Effect size measure? How does it help us decide what caused us reject the null hypothesis? (This should be completed by Day 5.)

DQ #2: Webliography

Post a question that you had related to the material this week. Conduct research to provide the answer to the question and provide the source.

Attachment:- Lectures.rar

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92246710
  • Price:- $35

Priced at Now at $35, Verified Solution

Have any Question?


Related Questions in Business Management

How is vision used to confront resistance to change and

How is vision used to confront resistance to change, and move through it? How can a shared vision possibly facilitate collaboration or ultimately the successful implementation of a change initiative?

In light of the winners curse must winning bidders in

In light of the winner's curse, must winning bidders in auctions necessarily "lose" in the sense of paying more than the acquired firm (or product) is worth? What steps can bidders take to prosper in auctions and/or corp ...

Why are ideas of modernization cohn 107 and progress so

Why are ideas of "modernization" (cohn, 107) and "progress" so important to the post-World War II

Using c language how to write a function name bsqrt that

Using C++ language, how to write a function name bsqrt that will compute the square root of a number using the Babylonian method. This function will take the number x to compute the square root for and the number of iter ...

Discuss what the payment card industry data security

Discuss what the payment card industry data security standard is, and why it is important.

1 what are some reasons why on-the-job training ojt can

1) What are some reasons why on-the-job training (OJT) can prove ineffective? What can be done to ensure its effectiveness? 2) Explain how technology has changed the learning environment. Please list sources

Suggest situations in which it is preferable to clear a

Suggest situations in which it is preferable to clear a cell or range of cells. When might it be best to clear the worksheet and start over? Why?

What would make employees stay with a loyal small company

What would make employees stay with a loyal small company versus a bigger competitive company?

What are information silos what are the problems caused by

What are information silos? What are the problems caused by information silos? How organizations can solve the problems caused by information silos?

Given the following table keynbspand fdsrepair

Given the following table, key and FDs, REPAIR (RepairInvoiceNumber, RepairDate, RepairCost, RepairEmployeeName, RepairEmployeePhone, SerialNumber, Type, TankCapacity) Candidate Keys: RepairInvoiceNumber, and (RepairDate ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As