STA3215 All Deliverables Latest 2022 November (Full)
STA3215 Inferential Statistics and Analytics
Deliverable 1 - Descriptive Statistics
Scenario (information repeated for deliverable 01, 03, and 04)
A major client of your company is interested in the salary distributions of jobs in the state of Minnesota that range from $30,000 to $200,000 per year. As a Business Analyst, your boss asks you to research and analyze the salary distributions. You are given a spreadsheet that contains the following information:
A listing of the jobs by title
The salary (in dollars) for each job
STA3215 Inferential Statistics and Analytics
Deliverable 2 Tutoring on the Normal Distribution
Scenario
Frank has only had a brief introduction to statistics when he was in high school 12 years ago, and that did not cover inferential statistics. He is not confident in his ability to answer some of the problems posed in the course.
As Frank's tutor, you need to provide Frank with guidance and instruction on a spreadsheet he has partially filled out. Your job is to help him understand and comprehend the material. You should not simply be providing him with an answer as this will not help when it comes time to take the test. Instead, you will be providing a step-by-step breakdown of the problems including an explanation on why you did each step and using proper terminology.
To complete this assignment, you must first download the spreadsheet, and then complete it by including the following items on the spreadsheet:
STA3215 Inferential Statistics and Analytics
Deliverable 3 - Confidence Intervals
Scenario (information repeated for deliverable 01, 03, and 04)
A major client of your company is interested in the salary distributions of jobs in the state of Minnesota that range from $30,000 to $200,000 per year. As a Business Analyst, your boss asks you to research and analyze the salary distributions. You are given a spreadsheet that contains the following information:
A listing of the jobs by title
The salary (in dollars) for each job
Your boss wants you to submit the spreadsheet with the completed calculations, answers, and analysis.
STA3215 Inferential Statistics and Analytics
Deliverable 4 - Hypothesis Test
Scenario (information repeated for deliverable 01, 03, and 04)
A major client of your company is interested in the salary distributions of jobs in the state of Minnesota that range from $30,000 to $200,000 per year. As a Business Analyst, your boss asks you to research and analyze the salary distributions. You are given a spreadsheet that contains the following information:
listing of the jobs by title
The salary (in dollars) for each job
In prior engagements, you have already explained to your client about the basic statistics and discussed the importance of constructing confidence intervals for the population mean. Your client says that he remembers a little bit about hypothesis testing, but he is a little fuzzy. He asks you to give him the full explanation of all steps in hypothesis testing and wants your conclusion about two claims concerning the average salary for all jobs in the state of Minnesota.
Background information on the Data
The data set in the spreadsheet consists of 364 records that you will be analyzing from the Bureau of Labor Statistics. The data set contains a listing of several jobs titles with yearly salaries ranging from approximately $30,000 to $200,000 for the state of Minnesota.
STA3215 Inferential Statistics and Analytics
Deliverable 5 - Hypothesis Tests for Two Samples item options
Hypothesis Tests for Two Samples item options
Dealing with Two Populations
Inferential statistics involves forming conclusions about a population parameter. We do so by constructing confidence intervals and testing claims about a population mean and other statistics. Typically, these methods deal with a sample from one population. We can extend the methods to situations involving two populations (and there are many such applications). This deliverable looks at two scenarios.
Concept being Studied
Your focus is on hypothesis tests and confidence intervals for two populations using two samples, some of which are independent and some of which are dependent. These concepts are an extension of hypothesis testing and confidence intervals which use statistics from one sample to make conclusions about population parameters.
Student Success Criteria
View the grading rubric for this deliverable by selecting the “This item is graded with a rubric” link, which is located in the Details & Information pane.
Your research and analysis should be presented on the spreadsheet provided.
STA3215 Inferential Statistics and Analytics
Deliverable 6 - Analysis with Correlation and Regression item options
Determine the linear correlation and regression equation between two variables to make predictions for the dependent variable.
Student Success Criteria
View the grading rubric for this deliverable by selecting the “This item is graded with a rubric” link, which is located in the Details & Information pane.
Scenario
According to the U.S. Geological Survey (USGS), the probability of a magnitude 6.7 or greater earthquake in the Greater Bay Area is 63%, about 2 out of 3, in the next 30 years. In April 2008, scientists and engineers released a new earthquake forecast for the State of California called the Uniform California Earthquake Rupture Forecast (UCERF).
As a junior analyst at the USGS, you are tasked to determine whether there is sufficient evidence to support the claim of a linear correlation between the magnitudes and depths from the earthquakes. Your deliverables will be a PowerPoint presentation you will create summarizing your findings and an excel document to show your work.
Concepts Being Studied
Correlation and regression
Creating scatterplots
Constructing and interpreting a Hypothesis Test for Correlation using r as the test statistic
You are given a spreadsheet that contains the following information:
Magnitude measured on the Richter scale
Depth in km
Using the spreadsheet, you will answer the problems below in a PowerPoint presentation.
What to Submit
The PowerPoint presentation should answer and explain the following questions based on the spreadsheet provided above.
Slide 1: Title slide
Slide 2: Introduce your scenario and data set including the variables provided.
Slide 3: Construct a scatterplot of the two variables provided in the spreadsheet. Include a description of what you see in the scatterplot.
Slide 4: Find the value of the linear correlation coefficient r and the critical value of r using α = 0.05. Include an explanation on how you found those values.
Slide 5: Determine whether there is sufficient evidence to support the claim of a linear correlation between the magnitudes and the depths from the earthquakes. Explain.
Slide 6: Find the regression equation. Let the predictor (x) variable be the magnitude. Identify the slope and the y-intercept within your regression equation.
Slide 7: Is the equation a good model? Explain. What would be the best predicted depth of an earthquake with a magnitude of 2.0? Include the correct units.
Slide 8: Conclude by recapping your ideas by summarizing the information presented in context of the scenario.
Along with your PowerPoint presentation, you should include your Excel document which shows all calculations.
STA3215 Inferential Statistics and Analytics
Deliverable 7 - Statistical Analysis Report item options
Competencies
Describe the data using the measures of central tendency and measures of variability.
Apply the normal distribution, standard normal distribution, and central limit theorem.
Develop a confidence interval for a population parameter.
Evaluate hypothesis tests for population parameters from one population.
Evaluate hypothesis tests for population parameters from two populations.
Determine the linear correlation and regression equation between two variables to make predictions for the dependent variable.
Student Success Criteria
View the grading rubric for this deliverable by selecting the “This item is graded with a rubric” link, which is located in the Details & Information pane.
Instructions
You are currently working at NCLEX Memorial Hospital in the Infectious Diseases Unit. Over the past few days, you have noticed an increase in patients admitted with a particular infectious disease. You believe that the ages of these patients play a critical role in the method used to treat the patients. You decide to speak to your manager, and together you work to use statistical analysis to look more closely at the ages of these patients.
You do some research and put together a spreadsheet of the data that contains the following information
Client number
Age of the patient
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Rating:
5/
Solution: STA3215 All Deliverables Latest 2022 November (Full)