Grand Canyon BUS 352 Week 6 Problem Set and DQs
Grand Canyon BUS 352 MOD 6 DQ 1
Your mayor just announced that the local unemployment rate dropped last month from the prior month. It went from 10.5% to 10.4%. Is this a significant drop? Explain.
Grand Canyon BUS 352 MOD 6 DQ 2
Give an example of a situation in which you believe a Type I Error is more serious. Give an example of a situation in which you believe a Type II Error is more serious. In each case, why do you think so?
Complete exercises 9.3, 9.13, 9.14, 9.25, 9.48, 9.55For problems requiring computations, please ensure that your Excel file includes the associated cell computations and/or statistics output; this information is needed in order to receive full credit on these problems.