Explaining Statistics to Your Boss

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You are tasked with explaining some statistical concepts to your boss to help him make some company decisions. Your boss does not have any background in statistics and has a hard time with numbers in general, so you decide to choose a non-work topic to explain the concepts. You will use Statdisk to make your computations, and then present the information along with your explanations as a report. Your report should include a title page, table of contents, summary of the information, your computations and explanations, any conclusions that you make about the data, and references that you used. Keep in mind that your textbook and the course resources you use when making your computations and explanations should be cited appropriately.

Make the following computations in Statdisk, and then copy your work into your report.

Note: Be sure to copy all work into your report and to label your computations. In your report, you should:

  1. Determine the type of data (quantitative or qualitative) and the level of measurement (nominal, ordinal, interval, ratio) for the data set. Explain how you determined the type of data.
  2. Find the mean, median, and midrange for the data in Variable 1. Paste your results from Statdisk in your report.
  3. Find the range, variance, and standard deviation for Variable 1. Paste your results from Statdisk in your report.
    • List any values for the first column that you think may be outliers. Why do you think that? (Hint: You may want to look at the modified boxplot, sort the data, and look at the smallest and largest values.)
  4. Find the mean, median, and midrange for the data in Variable 2. Paste your results from Statdisk in your file.
  5. Find the range, variance, and standard deviation for Variable 2. Paste your results from Statdisk in your file.
    • List any values for the second column that you think may be outliers. Why do you think that? (Hint: You may want to look at the modified boxplot, sort the data, and look at the smallest and largest values.)
  6. Find the five-number summary for the data in Variables 1 and 2. You will need to label each of the columns with an appropriate measure in the top row for clarity.
  7. Compare the two variables from the dataset using a boxplot of Variables 1 and 2. Paste your boxplot in your file.
  8. Create a histogram for Variables 1 and 2 data. Paste it in your file.
  9. Using the descriptive statistics calculated earlier, what conclusions can you make when you compare the two variables? You will want to address each of the following points below. Please be sure to use specific values to support your reasoning. You must justify your conclusions with Statdisk results from the descriptive statistics, histogram, and boxplot for each portion below.

Reminder: Your boss does not have any experience with statistics, so explain your reasoning in a way that is understandable by all people. To justify your conclusions, you should:

  1. Explain one conclusion about a measure of center (mean, median, midrange).
  2. Explain one conclusion about the variability in the two datasets (variance, standard deviation, range).
  3. Explain one conclusion about the shape of the distribution (by mentioning direction of skew and the relationship of the mean and median).

 

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Explaining Statistics to Your Boss was first posted on May 29, 2020 at 3:06 pm.
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Lisa and Danny are neighbors that live on Guerrero Street. Fifteen years ago Lisa built a gazebo. She frequently used the gazebo, but she was not aware that actually the gazebo was on property belonging to Danny.

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Lisa and Danny are neighbors that live on Guerrero Street. Fifteen years ago Lisa built a gazebo. She frequently used the gazebo, but she was not aware that actually the gazebo was on property belonging to Danny. A month after the gazebo was built Lisa built a fence between her and Danny’s yard, and the gazebo was on Lisa’s side of the fence. Fifteen years later, Danny has a survey done, and he discovers that the gazebo is on his land. Danny brings a suit to evict Lisa from the land. Does Lisa have a defense? Assume that the state in question has an adverse possession period of ten years. The requirements below must be met for your paper to be accepted and graded: Write between 500 – 750 words (approximately 2 – 3 pages) using Microsoft Word. Attempt APA style, see example below. Use font size 12 and 1” margins. Include cover page and reference page. At least 60% of your paper must be original content/writing. No more than 40% of your content/information may come from references. Use at least two references from outside the course material, preferably from EBSCOhost. Text book, lectures, and other materials in the course may be used, but are not counted toward the two reference requirement. Reference material (data, dates, graphs, quotes, paraphrased words, values, etc.) must be identified in the paper and listed on a reference page.Reference material (data, dates, graphs, quotes, paraphrased words, values, etc.) must come from sources such as, scholarly journals found in EBSCOhost, online newspapers such as The Wall Street Journal, government websites, etc. Sources such as Wikis, Yahoo Answers, eHow, etc. are not acceptable.
 
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It probably does not come as a surprise that the worst days of the week to visit the theme parks such as Magic Kingdom are Fridays, Saturdays, and Sundays. Other poor choices include long weekends and popular holidays

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It probably does not come as a surprise that the worst days of the week to visit the theme parks such as Magic Kingdom are Fridays, Saturdays, and Sundays. Other poor choices include long weekends and popular holidays. These are times when crowd levels are at their highest. Likewise, theme park attendance is seasonal, and January and September are usually the least crowded months.* However, while the crowds may be smaller, there may be shorter overall operating hours for the park, fewer show performances, and there may be fewer operating trams between parking lots or resorts and the park entrance. How do you explain that the amusement parks don’t just shutdown during their slowest days or time of year? This youtube video shows you how to Avoid Long Lines at the Amusement Park–(https://www.youtube.com/watch?v=HwNy7JpgWHg)
 
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Environmental Health Essay Writing Services was first posted on May 29, 2020 at 11:26 am.
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Environmental Health Essay Writing Services was first posted on May 29, 2020 at 2:09 pm.
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