Question

Respond to the following in a minimum of 175 words: An important part of using statistics...

Respond to the following in a minimum of 175 words:

An important part of using statistics is being able to explain your results to decision-makers. Imagine that you have conducted a two-sample test and determined that the difference was not statistically significant.   While one mean was 4.3 and the other was 3.9, the p level for the t-test was p=.07. Your management team says, “Well, the difference may not be statistically significant, but the difference is there! Discuss how you would respond and how you would explain the purpose of the t-test and significance in this case.

Math   Statistics-And-Probability   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Respond to the following in a minimum of 175 words: An important part of using statistics...
Respond to the following in a minimum of 175 words: An important part of using statistics is being able to explain your results to decision makers. Imagine that you have conducted a two-sample test and determined that the difference was not statistically significant. While one mean was 4.3 and the other was 3.9, the p level for the t test was p=.07. Your management team says, “Well, the difference may not be statistically significant, but the difference is there! Discuss...
An important part of using statistics is being able to explain your results to decision makers....
An important part of using statistics is being able to explain your results to decision makers. Imagine that you have conducted a two-sample test and determined that the difference was not statistically significant.   While one mean was 4.3 and the other was 3.9, the p level for the t test was p=.07. Your management team says, “Well, the difference may not be statistically significant, but the difference is there! Discuss how you would respond and how you would explain the purpose...
An important part of using statistics is being able to explain your results to decision makers....
An important part of using statistics is being able to explain your results to decision makers. Imagine that you have conducted a two-sample test and determined that the difference was not statistically significant. While one mean was 4.3 and the other was 3.9, the p level for the test was p=.07. Your management team says "well the difference may not be statistically significant, but the difference is there! Discuss how you would respond and how you would explain the purpose...
magine that you have conducted a two-sample test and determined that the difference was not statistically...
magine that you have conducted a two-sample test and determined that the difference was not statistically significant. While one mean was 4.3 and the other was 3.9, the p level for the t test was p=.07. Your management team says, “Well, the difference may not be statistically significant, but the difference is there! Discuss how you would respond
Respond to the following in a minimum of 175 words: Imagine that you’ve been asked to...
Respond to the following in a minimum of 175 words: Imagine that you’ve been asked to explain one of the major accounting ratios to a group of high school students who have no background in business or accounting, but who are eager to learn. Choose one of the following ratios and describe how you would explain it in your own words, using a specific example: current ratio, asset turnover, or profit margin on sales.
Respond to the following in a minimum of 175 words: Why are teams such an important...
Respond to the following in a minimum of 175 words: Why are teams such an important part of health care? How will you use this strategy in your degree program while working on teams?
Respond to the following in a minimum of 175 words: Choose one statistical tool.   Consider a decision...
Respond to the following in a minimum of 175 words: Choose one statistical tool.   Consider a decision you need to make at work or at home.  Explain how this tool will help you make that decision.
Respond to the following in a minimum of 175 words: Why does the vertical component of...
Respond to the following in a minimum of 175 words: Why does the vertical component of velocity for a projectile change with time, whereas the horizontal component of velocity does not? How can the conservation of energy help us explain these concepts?
Respond to the following in a minimum of 175 words: Based on the information you learned...
Respond to the following in a minimum of 175 words: Based on the information you learned this week, what approach would you take in explaining how systematic and unsystematic risks affect risk planning? Describe your approach. Name 3 or more systematic or unsystematic risks your company might face. Think of some implications if your company decides not to be proactive and plan for these risks.
Respond to the following in a minimum of 175 words: Discuss the ethical implications of your...
Respond to the following in a minimum of 175 words: Discuss the ethical implications of your personal views of intellectual property. How must your perspective inform your behavior as an IT manager? What do you do when an organization’s practices conflict with your ethics?
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT