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This course applies research and probability concepts to project management decisions. Students will evaluate feasibility, manage risk, and measure outcomes for a project. Other topics include measures of central tendency & dispersion, program evaluation, research design, data sampling, and analysis & presentation.
Differentiate between qualitative and quantitative methods of research.
Explain commonly used qualitative research designs and quantitative research designs.
Select the appropriate type of research design in a given business situation.
Differentiate among the four levels of measurement and how they are used in data collection for research.
Develop the data collection instruments.
Differentiate among sampling methods and their application in business research.
Prepare collected data for analysis.
Differentiate between descriptive statistics and inferential statistics.
Calculate central tendency and dispersion.
Calculate the correlation between two variables.
Determine the data analysis approach for a data set.
Apply the steps in testing a research hypothesis.
Compare the means of two or more groups.
Interpret data analysis results to reach conclusions.
Make a recommendation about a problem or project based on data analysis results and conclusions drawn.