Interpreting the Results The Interpreting the Results activity assesses your ability to analyze data and interpret the results. You examine functional areas of business, as data-driven examples demonstrate how marketing managers, financial analysts, accountants, and economists use statistical applications. Then, you compute the statistics using the Use the Analysis ToolPak to Perform Complex Data Analysis (Links to an external site.) or XLMiner Analysis ToolPak (Links to an external site.), and, ultimately, interpret results in the context of the problem.
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Students can download all Excel DATAfiles (Excel) by clicking on the MindTap link, Course Materials: Access DATAfiles, Tip Sheets, and More.Ĭhapter Assignments For the Chapter Assignments, you identify the correct statistical technique by focusing on the problem objective and data type. In the Microsoft Excel Online activities (3) Review and Assignments , you will use the book’s DATAfiles as a content base to complete each Chapter Assignments and Interpreting the Results.The Microsoft Excel Online activities (2) Exploring Statistics offer interactive visualizations that engage with the Lean Forward interactivity to help you see the statistical concepts being presented directly within MindTap.Free-form activities offer little structure and require you to build the spreadsheet independently, using only the starting data and problem narrative. Structured activities use templated Excel spreadsheets and color-coded cells to show inputs that are needed to solve the problems. In the Microsoft Excel Online activities (1) Videos and Practice, you will be using Microsoft Excel Online files to work in the spreadsheets, completing structured (Links to an external site.) and free-form (Links to an external site.) activities, and then answering the questions.The breakdown of the activities is as follows: Please note: It is recommended that you zoom in to 200% while watching the videos in Cengage. Before you start working on the MindTap activities, please review the following video: Click on the Week 1 MindTap Descriptive Statistics link to complete the assigned Microsoft Excel Online activities, which are (1) Videos and Practice, (2) Exploring Statistics, and (3) Review and Assignments for Chapters 1, 2, and 3 using Excel’s resources Use the Analysis ToolPak to Perform Complex Data Analysis (Links to an external site.) or XLMiner Analysis ToolPak (Links to an external site.). The MindTap activities consist of (1) Videos and Practice, (2) Exploring Statistics, and (3) Review and Assignments. Excel’s resources Use the Analysis ToolPak to Perform Complex Data Analysi s (Links to an external site.) or XLMiner Analysis ToolPak (Links to an external site.) will be used to complete the MindTap activities, which allow you to conduct statistical analysis from within your internet browser.
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In MindTap, click on the Getting Ready link to access the assigned chapters for the week.
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The App's Random Number Generation function uses the Mersenne Twister algorithm.MindTap Descriptive Statistics Excel Learning Activities & Assignments Prior to beginning work on the MindTap Excel Activities, read Chapter 1: Data and Statistics, Chapter 2: Descriptive Statistics: Tabular and Graphical Displays, and Chapter 3: Descriptive Statistics: Numerical Measures by clicking Week 1 MindTap Descriptive Statistics. Results will generally match the Excel Analysis ToolPak, as seen in many textbooks, screen images and videos. T-Test: Two-Sample Assuming Unequal Variances
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T-Test: Two-Sample Assuming Equal Variances The App's Task Pane input fields and worksheet output will be very familiar to Excel Analysis ToolPak users.
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The App provides all 19 interactive functions included in the Excel Analysis ToolPak, plus a 20th function often requested by users, logistic regression. With the XLMiner Analysis ToolPak App, you can perform statistical analyses of the same types available in the Analysis ToolPak in desktop Microsoft Excel.