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Title: Introductory Business Statistics Authors: Alexander Holmes, Barbara Illow

May 23, 2024

Title: Introductory Business Statistics
Authors: Alexander Holmes, Barbara Illowsky, Susan Dean
Publisher: OpenStax
Publication Date: 2017-11-30
APA Citation
Holmes, A., Illowsky, B., & Dean, S. (2017). Introductory business statistics. OpenStax. https://openstax.org/details/books/introductory-business-statistics
Required Software
Microsoft Word
Internet access to read articles
Scenario/Summary
This week’s lab highlights the use of graphics, distributions, and tables to summarize and interpret data.
Instructions
Part 1:
Open the lab template from the Required Resources link above. (Fill in this template as you follow each of the steps below).
Open the given academic article from the Required Resources link above.  (You will find a graph OR table within the article, and then draw conclusions about the table or chart you chose and describe other ways that the same data could be presented).
Title your paper: “Review of [Name of Article]” 
State the Author:
Summarize the article in one paragraph:
Part 2:
Step 1: Find a frequency table and/or graph within the article and post a screen shot in your Word document.
Step 2: Answer the following questions about your table or graph.   
What type of study is used in the article (quantitative or qualitative)? Explain how you came to that conclusion. 
What type of graph or table did you choose for your lab (bar graph, histogram, stem & leaf plot, etc.)? What characteristics make it this type (you should bring in material that you learned in the course)?
Describe the data displayed in your frequency distribution or graph (consider class size, class width, total frequency, list of frequencies, class consistency, explanatory variables, response variables, shapes of distributions, etc.)   
Draw a conclusion about the data from the graph or frequency distribution in the context of the article. 
How else might this data have been displayed? Discuss the pros and cons of 2 other presentation options, such as tables or different graphical displays. Why do you think those two other presentation options (i.e., tables or different graphs) were not used in this article? 
Give the full APA reference (with correct capitalization of the title!) of the article you are using for this lab. 
Step 3: Be sure your name is on the Word document, save it, and then submit it under “Assignments” and “Week 3: Lab”. 
Requirements
The deliverable is a Word document with your answers to the questions posed above based on the article assigned for use with this lab.
Part
1.  Read the assigned article. 
Please reach out to your instructor if you did not receive
the assigned article for the term by Monday of Week 3.
Part
2.  Analyze the article.
Title: 
Review of [Type out name of Article]
Author(s): 
[Type out names of Author(s) of the Article]
Summarize the article in one paragraph: 
Post a screenshot of a graph/chart from the
article that you will analyze: 
Analysis
(Answer
the following questions thoroughly in complete sentences)
A.   What type of study is
used in the article (quantitative or qualitative)? Explain how
you came to that conclusion. What makes it this type of study?
B.   What type of graph or
table did you choose for your lab (bar graph, histogram, stem & leaf plot,
etc.)? What characteristics make it this type? Bring in material that you
learned in the course.
C.  Describe the data displayed in your frequency
distribution or graph (consider class size, class width, total frequency, list
of frequencies, class consistency, explanatory variables, response variables,
shapes of distributions, etc.)   
D.  Draw a conclusion about the data from the graph or
frequency distribution in context of the article. 
E.   How else might this data have been
displayed? Pick two different graphs or charts that could have been used to
display the same data as your selected graph/table.
Discuss pros and cons
of these 2 other presentation options. 
Bring in material that you learned in the course.
Explain how these graphs would be structured to display the data in
the article.  Why do you think those two
graphs were not used in this article? 
F.   Give the full APA reference
of the article you are using for this lab. 
Be
sure your name is on the Word document, save it, and then submit it.  In the assignment module, click “start
assignment” and then “upload file” and “submit assignment”.

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