Math 533 Study guides, Class notes & Summaries

MATH 533 Course Project Part C Regression Model Keller 2023. The correlation coefficient between sales and calls is calculated as 0.871. This positive correlation coefficient tells us that as the number of calls increase so does the number of sales. Correlation: Sales, Calls (Appendix III) Minitab Result Pearson correlation of Sales and Calls = 0.871 P-Value = 0.000 4. Minitab Result: (See above Fitted Line Plot for below result) S = 2.05708 R-Sq = 75.9% R-Sq(adj) = 75.7% The coefficien...

Keller MATH 533 Course Project Part B, Hypothesis Testing. Hypotheses testing involves the testing of the null hypothesis and the alternative hypothesis. When testing the hypothesis either the null hypothesis or the alternative hypotheses is rejected. The value to a company knowing to accept or reject a hypothesis will aid in the decision making process. Information derived from hypothesis testing can aid in more timely decision. Requirement A: The average (mean) sales per week exceeds 41.5...

MATH 533 Applied Managerial Statistics: Course Project Part C 2023. The correlation coefficient between sales and calls is calculated as 0 .871. This is positive correlation coefficient; it means there is positive relationship between sales and calls. If the number of calls are increased then sales will also be increased and vice versa. The calculated correlation shows strong positive correlation. Correlation: Sales, Calls (Appendix I)- Minitab Result Pearson correlation of Sales and Calls ...

Math-533 Applied Managerial Statistics..Math-533 Applied Managerial Statistics..Math-533 Applied Managerial Statistics..

MATH 533: Applied Managerial Statistics Course Project –Part A 2023. SALESCALL Inc. is a company with thousands of salespeople. The data provided; SALES (the number of sales made this week), CALLS (the number of sales calls made this week), TIME (the average time per call this week), YEARS (years of experience in the call center) and TYPE (the type of training, either group training, online training of no training). The data is used to determine the most productive sales person. With this ...

MATH 533 Week 6 Discussion: Regression Analysis – Download To Score An A+ Read the Case: Statistics In Action: Legal Advertising—Does It Pay?, and answer the following questions. (The case is included in your textbook, Chapter 10.) The data set for the case study is LEGALADV, and it is available in your textbook resources, so you don't have to enter the data! Summarize what the case is about, and what the variables represent. In this week's Statistics in Action case, "Legal Adv...

Math 533; Applied Managerial Statistics Course Project2023/24 Math 533; Applied Managerial Statistics Course Project2023/24 Math 533; Applied Managerial Statistics Course Project2023/24

Math-533 Applied Managerial Statistics..Math-533 Applied Managerial Statistics..Math-533 Applied Managerial Statistics..Math-533 Applied Managerial Statistics..

MATH 533 WEEK 5 QUIZ- DOWNLOAD FOR AN A+ GRADE 1. A group of professors investigated first-year college students’ knowledge of astronomy. One concept of interest was the Big Bang Theory of the creation of the universe. In a sample 0f 141 freshman students, 35 believed that the Big Bang Theory accurately described the creation of plantery systems. Baesd on this information, is it correct at the α = 0.01 level of significance to state that more than 20% of all freshman college students...

MATH 533 Week 4 Discussion: Confidence Intervals in Business Consider when businesses might use confidence intervals to estimate values, such as in sales projections, marketing results, and so forth. Describe a business decision that could be helped with confidence intervals. Then create a problem with numbers from which another student could calculate a confidence interval and make a decision. Professor and class, A group of 10 foot surgery patients had a mean weight of 240...