QNT 561 Week 2

Individual Central Limit Theorem and Confidence Intervals Problem Sets

Resources: Statistical Techniques in Business & Economics and Business Research Methods

Prepare responses to the following exercises from the texts:

Exercises 21, 22, and 34 (Ch. 8) of Statistical Techniques in Business & Economics

Exercises 32, 34, and 46 (Ch. 9) of Statistical Techniques in Business & Economics

Discussion question 5 (at the end of Ch. 3) of Business Research Methods

Learning Team Business Research Methods, Part I

Identify and analyze a research question that applies to your organization.

Prepare a 350- to 700-word milestone.

Choose an organization with which your team is familiar.

Develop a research question arising from an organizational dilemma. Make sure you define the problem.

Determine an appropriate research design. Describe its characteristics, such as independent and dependent variables, operational definitions, and so forth.

Identify a sample design to use for collecting data.

Format your paper consistent with APA guidelines.

Discussion Questions

Read Albert Einsteins quote on p. 55 of Business Research Methods. What is the value of this statement in terms of the research process? What is the relevance and relationship of this statement to the technologically advancing business world? Where do these questions allow us to go?

What are some examples of operational definitions in research design within your profession?

Of the exploratory, formalized, and casual research designs types, which would you use to assess the effectiveness of an aspect of your job? Explain.

What is the purpose of sampling? What are some concerns and dangers of sampling? How important is the sample design to data validity? Explain. Provide an example where a sample might misrepresent data validity.