External link to Discussion Question – MAT 510

Discussion Question – MAT 510

“Variation and Statistical Thinking Strategy” Note: Online students, please select one of the two subjects to discuss. Compare and contrast the fundamental differences between special-cause variation and common-cause variation. Provide one (1) business process example of each variation to support your response. Select one (1) project from the working or educational environment of your choice and specify the variation nature of the project in question. […]

External link to Statistical Methods & Decision Making

Statistical Methods & Decision Making

In Mar 2018, Cold Storage started getting complaints from their Clients that they have been getting complaints from end consumers of the dairy products going sour and often smelling. On getting these complaints, the supervisor pulls out data of last 35 days temperatures. As a safety measure, the Supervisor has been vigilant to maintain the temperature below 3.9 deg C. Assume 3.9 deg C as […]

External link to 540 wk2 db1 res1

540 wk2 db1 res1

Respond to… As an underwriter, I am constantly working with large amounts of data. Whenever I receive data from an outside source, the data is always just messy. I have almost zero patience with sloppy data, and I will never just sit down and pick through it. I will always instantly put the data into a pivot table. The pivot table feature Excel offers is […]

External link to statistics

statistics

use the dataset provided in .csv file to build an optimum regression model to predict satisfaction. 1. Perform exploratory data analysis on the dataset. Showcase some charts, graphs. Check for outliers and missing values 2. Is there evidence of multicollinearity ? Showcase your analysis 3. Perform simple linear regression for the dependent variable with every independent variable 4. Perform PCA/Factor analysis by extracting 4 factors. […]

External link to Discuss Forecasting Methods

Discuss Forecasting Methods

Respond 1: Forecasting is a tool that helps management predict future business operations. Forecasts allow businesses to adjust to ever-changing markets and allow business leaders to analyze trends, cycles, seasonal patterns, and random variations in product demand. There are two categories of forecasting: quantitative and qualitative. Quantitative forecasting involves the use of historical data and mathematical relationships to predict future business operations. Examples include time […]

External link to HA535 Healthcare Statistics

HA535 Healthcare Statistics

This is an opportunity for you to evaluate the effectiveness of inferential statistics in health care. Please respond in first person, share personal experiences, and ask questions to further develop your understanding of how to analyze a data set using inferential statistics. Now that you are an experienced explorer locating evidence-based research articles, you are prepared to locate your own. Using the University Library, locate […]

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