Posted: March 30th, 2016
1 How do dependent and independent samples differ? Give two examples of dependent samples as they may occur in a business or industry that is familiar to you. Some people use the term paired samples instead of dependent samples.
2 What is the importance of using STOH in solving problems related to business and operations management? Provide specific examples (preferably from your experience area. Clearly state the null and alternative hypothesis.
3 Why is the ANOVA (one factor and two factors) important? How can it be used in your profession? Provide examples. Indicate the factors (treatments) and state the hypotheses tested.
4 What are examples (at least 2) where non parametric tests are used to analyze business or operations management related problems in general and why use non parametric tests instead of parametric tests? Provide examples and explain what you are looking for when you conduct these tests. Examples
5. Conduct one and two sample tests of hypotheses.
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