Inferential Statistics for Decision Making

Inferential Statistics for Decision Making

Instructions/Descriptions

Inferential Statistics for Decision Making

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Inferential Statistics for Decision Making

Q-1.   There are 3 statisticians in chapter-1.  Which one of those is close to your area?  In other words, can you put yourself in a role similar to one of those scientists and apply your knowledge of statistics in your area.

If you have another statistician, or scientist in your field that you would like to share with us.  Tell us if you see yourself in his or her shoes.  You know there are quite a few women scientist

Q-2.  A student was interested in the structure of the families in the U.S. He sampled 29 of his 330 classmates and got the following answers to the question, “How many children are there in your family?”

3 1 2 2 4 2 1 2 2 1 3 2 3 3 4 2 2 1 3 5 1 1 3 5 2 4 7 1 2

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Create a frequency distribution of table using these scores and explain if the data is skewed.

Communications Good and Bad News Letters

You will be writing both good and bad news, but this time both messages will be addressed to individuals outside of the organization. When writing good news, remember to use the direct approach; however, when writing bad news, use the indirect approach. 150-words per letter.

Guidelines:

Use Times Roman Numeral, Courier New, or Arial.

Left justify letter and use 1-inch margin.

Use correct headings (must be single-spaced):

Sender’s address

Date

Recipient’s address

Letter must be single-spaced; leave a space between each paragraph.

Do not indent paragraphs.

Reference your sources (Links to an external site.)

Include complimentary close and signature block. You’re welcome to use the existing signature in the sample formatted letter.

Scenario (Good News):

Zain Martin recently interviewed with your company for a position as a securities analyst. You have good news to share with her. The company offered Zain a job with the hope of getting her in for orientation in five weeks. Your task is to write to Zain and offer her the position.

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Scenario (Bad News):

You are a real estate professional who has a national reputation as a real estate expert. You were contacted recently via letter, inquiring about your ability and willingness to be the keynote speaker at a national real estate conference in Atlanta on August 12. You are flattered with the invitation and the size of the honorarium you would receive. However, you are unable to accept due to previous commitments. Your task is to write a letter to the conference host informing her of your decision. In your letter, consider sharing the names of other real estate experts who might be available and/or the possibility of videotaping your talk for the presentation.

Inferential Statistics for Decision Making

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