AMDM.DSR.7Business Statistical Research

Expectations

• AMDM.DSR.7.1

  Apply statistical methods to design, conduct, and analyze statistical studies. Identify a contextual, real-life problem that can be answered using investigative research.

• AMDM.DSR.7.2

  Build the skills and vocabulary necessary to analyze and critique reported statistical information, summaries, and graphical displays. Develop statistical investigative questions that can help solve a real-life problem involved in business and financial decision-making.

• AMDM.DSR.7.3

  Create a statistical study using sound methodology to answer statistical investigative questions and to solve the real-life problem.

• AMDM.DSR.7.4

  Explain how the sample size impacts the precision with which estimates of the population parameters can be made (i.e., the larger the sample size the more precision).

• AMDM.DSR.7.5

  Recognize that random selection from a population plays a different role than random assignment in an experiment.

• AMDM.DSR.7.6

  Incorporate random designs in data collection.

• AMDM.DSR.7.7

  Describe ways in which big data can be used to make decisions in various business enterprises and in the context of business and financial decision-making.

• AMDM.DSR.7.8

  Use distributions to identify the key features of the data collected.

• AMDM.DSR.7.9

  Interpret results and make connections to the original research question.

Georgia Milestones coverage

No Georgia Milestones blueprint cites this standard.