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RES 341 Entire Course / RES 341 Complete Course

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(1) What are some of the differences between primary and secondary data? What are some<br />

disadvantages of using newspaper articles or magazine articles as secondary sources? Why<br />

should you use both primary and secondary data in research?<br />

(2) How valid/reliable are the statistics presented on the evening news? Why should we be<br />

concerned with errors resulting from questionnaire design? How do research design and<br />

statistical information affect validity?<br />

(3) What is a real-world example of a sample? A population? Compare and contrast probability<br />

sampling with non-probability sampling, giving an example of each.<br />

<strong>RES</strong> <strong>341</strong> Week 2 Individual Assignment Research Terminology Matching Assignment<br />

<strong>RES</strong> <strong>341</strong> Week 3 <strong>Complete</strong> DQs<br />

(1) What is decision theory? What is the difference between a payoff table and an expected<br />

payoff table? In the following payoff table, let P(S1) = 0.30, P(S2) = 0.50, and P(S3) = 0.20.<br />

Compute the expected monetary value for each of the alternatives. What decision would you<br />

recommend?<br />

(2) What are some differences between discrete and continuous data? Is the measurement of<br />

money continuous or discrete? Explain. Can discrete data be analyzed using a normal<br />

distribution? Why or why not?<br />

(3) Describe the properties of a normal distribution. Explain why there are an infinite number of<br />

normal distributions. Why do we want to assume that our sample data represent a population<br />

distribution?<br />

<strong>RES</strong> <strong>341</strong> Week 3 Individual Assignment Survey Paper Topic Major League Baseball

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