3+-+SRM+UNIT+Statistics

** Unit 3 Statistics - Financial Information and Decision Making ** ** Learning Targets: ** ** Web Site Resources ** []  **// Risk Management as it relates to Production and Quality Control //**
 * 1) ** Communicate ** the value of statistical information in a variety of business disciplines and environments
 * 2) ** Assess ** statistical information portrayed in media, work, and educational environment

**// Risk Management using Technology //** Homework Files:
 * 1) ** Use a ** spreadsheet to collect, collate, organize, and analyze quantitative data (chapter 3, Intro to Statistics and Data Analysis)
 * 2) ** Use ** spreadsheets and Graphical Techniques to present data in a manner that is understood by colleagues and clients
 * 3) ** Analyze ** data presented in frequency distributions, histograms, and forgiveness
 * 4) ** Construct ** descriptive indices and **use** descriptive indices
 * 5) ** Apply ** the common rules of probability to evaluate business
 * 6) ** Construct ** a confidence interval estimate for a single population mean using standard normal distribution and **interpret** a confidence interval estimate for a single population mean using standard normal distribution.
 * 7) **Establish** a confidence interval estimate for a single population proportion
 * 8) <span style="font-family: Arial,Helvetica,sans-serif; font-size: 16px;">I**nterpret** a confidence interval estimate for a single population proportion
 * 9) <span style="font-family: Arial,Helvetica,sans-serif;">** Carry out ** an appropriate hypothesis test on a single population mean or proportion

<span style="font-family: arial,helvetica,sans-serif; font-size: 16px;"> <span style="font-family: arial,helvetica,sans-serif; font-size: 16px;">PPT Files <span style="font-family: arial,helvetica,sans-serif; font-size: 16px;">

<span style="font-family: Arial,Helvetica,sans-serif;">**// Risk Management Affecting Capital //**


 * 1) <span style="font-family: Arial,Helvetica,sans-serif;">** Interpret ** the p-value of the test statistic
 * 2) <span style="font-family: Arial,Helvetica,sans-serif;">** Construct ** a contingency table and perform a chi-squared test of independence
 * 3) <span style="font-family: Arial,Helvetica,sans-serif;">** Analyze ** two variable problems using linear regression and correlation
 * 4) <span style="font-family: Arial,Helvetica,sans-serif;">** Interpret ** the results of a computer generated regression mode.

<span style="font-family: arial,helvetica,sans-serif; font-size: 16px;">Resources: Introduction to Statistics and Data Analysis 2nd Edition, Peck Olsen, Devore <span style="font-family: arial,helvetica,sans-serif; font-size: 16px;">Prentice Hall Mathematics Algebra 2 Chapter 12 Statistics. <span style="font-family: arial,helvetica,sans-serif; font-size: 16px;">Glencoe Algebra 2 Chapter 12 Statistics