MMG 525 Statistical Decision Techniques For Managers Mid Ter

Mmg 525 Statistical Decision Techniques For Managersmid Term Exam Rev

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Paper For Above instruction

Discuss the key concepts presented in the provided material on statistical decision techniques for managers. Your paper should include an introduction to the high-level typology of business data, an explanation of the scientific method as it applies to business analysis, and an overview of hypothesis testing, including the key elements such as reliability, validity, and levels of significance. Illustrate your discussion with appropriate examples and demonstrate how these concepts are applied in managerial decision-making. Your paper should be approximately 1000 words, well-organized, and include credible scholarly references.

References

  1. Banasiewicz, A. D. (Year). High-level typology of business data. In Title of the source or textbook, pages.
  2. Banasiewicz, A. D. (Year). Understanding individual variables. In Title of the source or textbook, pages.
  3. Fisher, R. A. (1925). Statistical methods for research workers. Oliver & Boyd.
  4. Hull, J. C. (2015). Options, futures, and other derivatives. Pearson Education.
  5. Moore, D. S., McCabe, G. P., & Craig, B. (2017). Introduction to the practice of statistics. W. H. Freeman and Company.
  6. Snyder, C. (2019). Applied business statistics: Methodology and applications. Routledge.
  7. Wasserman, L. (2004). All of statistics: A concise course in statistical inference. Springer.
  8. Zar, J. H. (2010). Biostatistical analysis. Pearson Education.
  9. Yates, F., Moore, D. S., & McCabe, G. P. (2018). The practice of statistics. W. H. Freeman.
  10. Kirk, R. E. (2013). Experimental design: Procedures for the behavioral, social, and biomedical sciences. CRC Press.

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