Current Business Research Project

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RES 341 Complete Class Purchase here http://homeworkonestop.com/res-341-complete-class Product Description RES 341 week 1 Res 341 Individual Assignment: Current Business Research Project Paper • Use the University Library or the Electronic Reserve Readings to locate a peer-reviewed article that reports original research. • Search "major databases (e.g. - ProQuest)" in the Online Collection, and use the key search words, "research studies in" to obtain an article. You can select communication, finance, economics, marketing, technology, or another faculty approved topic for the research study. • Write a 350- to 700-word synopsis of the article, including the following: • Define the business research and its purpose.•…show more content…
What are the grand mean, the UCL, and the LCL of a control chart for the mean? Why do you suppose ±3 standard errors are used in control charts and not two or even one standard error? Explain. A significance test is used to prevent a machine from under filling or overfilling quart bottles. On the basis of a sample, the null hypothesis is rejected and the machine is shut down for inspection. A thorough examination reveals that there is nothing wrong with the filling machine. From a statistical standpoint, was there a type error made? If yes, which type? Explain. Suppose that you perform a significance test regarding a population mean and that the evidence does not warrant rejection of the null hypothesis. When formulating the conclusion to the test, why is the phrase fail to reject the null hypothesis more accurate than the phrase accept the null hypothesis? Why can the null hypothesis not be proved? Explain. RES 341 Complete…show more content…
What are some of the disadvantages? Discuss the differences between quantitative and qualitative data? What are some examples of each? Discuss the differences between primary and secondary data? Give examples of each. What types of ethical issues arise when an organization conducts research? Why should you question the motivation of the sources of secondary research? Does the motivation affect the results? Discuss the use of loaded questions in survey design. What is an example of a loaded question? What are real-world examples of a sample and a population? Compare and contrast probability sampling with non-probability sampling, providing an example of each. Describe the data scales best suited for presentation in a pie chart. How effective are the pie charts that often accompany a newspaper article in explaining the statistics used in the article? Where could a Pareto chart be used within your company? Does all data have a mean, median, or mode? Why or why not? When is the mean the best measure of central tendency? When is the median the best measure of central

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