QNT 561 Wk 5 Discussion – Explaining Results to Decision-Makers

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QNT 561 Wk 5 Discussion - Explaining Results to Decision-Makers
QNT 561 Wk 5 Discussion – Explaining Results to Decision-Makers
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QNT 561 Wk 5 Discussion – Explaining Results to Decision-Makers

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.

Due Thursday

Respond to the following in a minimum of 175 words:

An important part of using statistics is being able to explain your results to decision makers. Imagine that you have conducted a two-sample test and determined that the difference was not statistically significant.   While one mean was 4.3 and the other was 3.9, the p level for the t test was p=.07. Your management team says, “Well, the difference may not be statistically significant, but the difference is there! Discuss how you would respond and how you would explain the purpose of the t test and significance in this case.

Due Monday

Reply to at least 2 of your classmates. Be constructive and professional in your responses.