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BUSN311-1202A-06 Quantitative Methods and Analysis

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BUSN311-1202A-06 Quantitative Methods and Analysis
Assignment Name: Unit 2 Discussion Board
Deliverable Length: 6 paragraphs
Details: The Discussion Board (DB) is part of the core of online learning. Classroom discussion in an online environment requires the active participation of students and the instructor to create robust interaction and dialogue. Every student is expected to create an original response to the open-ended DB question as well as engage in dialogue by responding to posts created by others throughout the week. At the end of each unit, DB participation will be assessed based on both level of engagement and the quality of the contribution to the discussion.
At a minimum, each student will be expected to post an original and thoughtful response to the DB question and contribute to the weekly dialogue by responding to at least two other posts from students. The first contribution must be posted before midnight (Central Time) on Wednesday of each week. Two additional responses are required after Wednesday of each week. Students are highly encouraged to engage on the Discussion Board early and often, as that is the primary way the university tracks class attendance and participation.
The purpose of the Discussion Board is to allow students to learn through sharing ideas and experiences as they relate to course content and the DB question. Because it is not possible to engage in two-way dialogue after a conversation has ended, no posts to the DB will be accepted after the end of each week.
The Concept of Probability
MAIN DISCUSSION POST:
•Paragraph 1: Based on your experience thus far in this class, what is the probability that you will receive an “A” grade? Explain the factors you have used in arriving at this probability assessment.
•Paragraph 2: Do you believe that all students in your class will arrive at the same probability assessment that you have? Why or why not?
•Paragraph 3: Explain what is meant by subjective probability. Research the Internet, and provide a business-related example in which subjective probability assessment would likely be used (be sure to cite your sources).
•Paragraph 4: Provide an example of when you have personally used subjective probability assessment or how you might use it in the future.
Please do not use quotes or copy definitions. You will not receive credit for understanding the materials if you use the words of others. Keep in mind that since you did research and you have citations in the body of the post, you must also place a reference list at the end containing the textbook and the articles cited.
Do not use file attachments. It is NOT necessary to upload this assignment to the Submit Files area. Your 4 paragraph (300 words) main post must be submitted to the Discussion Board.
INTERACTIVE RESPONSES:
Interactive Reply 1:
Review one student’s answer on the probability of receiving an “A” and the factors that he or she used to arrive at this assessment. How does it compare to your own?
Interactive Reply 2:
Review another student’s business-related example in which subjective probability assessment would likely be used. Assess the explanation and selected scenario. Does it show a thorough understanding of the materials?
Each post should be one paragraph in length (75 words) and must be substantive in nature
Use of unoriginal text and excessive quotes indicates a lack of comprehension and shows that you may not have mastered the concepts.
You will submit a minimum of 6 paragraphs for the week. At least four paragraphs will be included in your MAIN POST and one paragraph each for your two Interactive Replies.
MAIN POST
4 paragraphs
300 words
1st Interactive Response
1 Paragraph
75 words
2nd Interactive Response
1 Paragraph
75 words
TOTAL for U2 DB: 6 Paragraphs
6 Paragraphs
450 words