BUS308 Week 1 Assignment Answer
Click on the Week 1 MindTap Descriptive Statistics link to complete the assigned Microsoft Excel Online activities, which are (1) Videos and Practice, (2) Exploring Statistics, and (3) Review and Assignments for Chapters 1, 2, and 3 using Excel’s resources Use the Analysis ToolPak to Perform Complex Data Analysis (Links to an external site.) or XLMiner Analysis ToolPak (Links to an external site.).
Please note: It is recommended that you zoom in to 200% while watching the videos in Cengage.
The breakdown of the activities is as follows:
- In the Microsoft Excel Online activities (1) Videos and Practice, you will be using Microsoft Excel Online files to work in the spreadsheets, completing structured (Links to an external site.) and free-form (Links to an external site.) activities, and then answering the questions. Structured activities use templated Excel spreadsheets and color-coded cells to show inputs that are needed to solve the problems. Free-form activities offer little structure and require you to build the spreadsheet independently, using only the starting data and problem narrative.
- The Microsoft Excel Online activities (2) Exploring Statistics offer interactive visualizations that engage with the Lean Forward interactivity to help you see the statistical concepts being presented directly within MindTap.
- In the Microsoft Excel Online activities (3) Review and Assignments, you will use the book’s DATAfiles as a content base to complete each Chapter Assignments and Interpreting the Results. Students can download all Excel DATAfiles (Excel) by clicking on the MindTap link, Course Materials: Access DATAfiles, Tip Sheets, and More. BUS308 Week 1 Assignment Answer
For the Chapter Assignments, you identify the correct statistical technique by focusing on the problem objective and data type. Then, you compute the statistics using the Use the Analysis ToolPak to Perform Complex Data Analysis (Links to an external site.) or XLMiner Analysis ToolPak (Links to an external site.), and, ultimately, interpret results in the context of the problem. You examine functional areas of business, as data-driven examples demonstrate how marketing managers, financial analysts, accountants, and economists use statistical applications.