I am thinking the basic descriptive statistics are important, hypothesis tests, regression and correlation. Using the technology to crunch the numbers will help with time. They are already in business, so they do not need to be sitting there working formulas. Have some data in an Excel file that you can disseminate to them either before or available for download there. This way they can have some hands on with it. A small handout with key Excel commands for statistics that they can take back to work with them would be helpful. Also, talk about more than linear regression. With technology, you can at least show them a few others. Life is rarely linear...
If the companies use a statistical software, substitute that for Excel.
I am interested in what others think.
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Sandra Chandler
Instructor of Mathematics
Kennesaw State University
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Original Message:
Sent: 09-10-2015 13:37
From: Tai Yean Teh
Subject: Statistical Education for Business Major Young Professionals
Dear all,
I have an opportunity to provide a 2-hour stat lesson for business major young professionals in several Fortune 100 corporate companies at a talent development training.
I have full discretion as to what to teach during this stat session. My experience teaching Business Stats and Elementary Stats at college level tells me that I won't be able to cover too many advance stat knowledge in the 2-hour timeframe.
There is no way I could cover descriptive statistics (collection, description, analysis, and summary of data), probability, and the binomial and normal distributions, test of hypotheses and confidence intervals,linear regression, and correlation within 2 hours. What would you suggestions be?
Appreciate your time and comments! Thank you!
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Tai Yean Teh
Oklahoma
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