Title: QNT 351 Something Great /uophelp.com
1QNT 351 Something Great/Uophelp.Com
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2QNT 351 Something Great/Uophelp.Com
- QNT 351 Final Exam Guide (New)
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- Q1
- The Director of Golf for a local course wants to
study the number of rounds played by members on
weekdays. He gathered the sample information
shown below for 520 rounds. At the .05
significance level, is there a difference in the
number of rounds played by day of the week?
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- Â QNT 351 Final Exam Guide
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- 1) The main purpose of descriptive statistics is
to - 2) The general process of gathering, organizing,
summarizing, analyzing, and interpreting data is
called - 3) The performance of personal and business
investments is measured as a percentage, return
on investment. What type of variable is return on
investment?
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- QNT 351 Week 1 Connect Problems
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- QNT 351 Week 1 Connect Problem
- 1. Which of the following is an example of a
continuous variable? - 2. The incomes of 50 loan applicants are
obtained. Which level of measurement is income? - 3. The members of each basketball team wear
numbers on their jerseys. What scale of
measurement are these numbers considered?
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- QNT 351 Week 1 DQ 1
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- Where would you see descriptive statistics used
in your work place?
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- QNT 351 Week 1 DQ 2
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- How would you define dependent and independent
variables? What is their significance in
research? Explain with examples.
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- QNT 351 Week 1 DQ 3
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- Develop five demographic questions to measure
gender, age, years of experience, level of
education, and ethnicity. Identify the level of
measurement used for each
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- QNT 351 Week 1 DQ 4
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- How would you define a variable? What is the
difference between a dependent and independent
variable? Do you think both variables are used in
every research? Explain why or why not. Provide
examples.Â
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- QNT 351 Week 1 DQ 5
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- What is the importance of statistics in business
decision making? Describe a business situation
where statistics was used in making a decision.
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- QNT 351 Week 1 DQ 6
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- What are the four data measurement scales?
Provide two examples and explain the importance
of each in business research.
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- QNT 351 Week 1 Individual Assignment Statistics
in Business (2 Sets) - Â For more course tutorials visit
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- This tutorial contains 2 different Sets of papers
- Define statistics.
- Identify different types of statistics.
- Describe the role of statistics in business
decision making. - Write a 300-word summary providing at least three
examples or problem situations in which
statistics was used or could be used.
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- QNT 351 Week 2 Connect Problems
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- QNT 351 Week 2 Connect Problem
- 1. The director of admissions at Kinzua
University in Nova Scotia estimated the
distribution of student admissions for the fall
semester on the basis of past experience. - a. What is the expected number of admissions for
the fall semester? - b. Compute the variance and the standard
deviation of the number of admissions.
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- QNT 351 Week 2 DQ 1
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- Can mean, median, or mode be calculated from all
statistical data? Explain why or why not. When is
the mean the best measure of central tendency?
When is the median the best measure of central
tendency?
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- QNT 351 Week 2 DQ 2
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- Describe a business situation, other than what
has already been selected by fellow students or
selected from the team assignment, where mean and
standard deviation can be used in decision
making. Describe how calculation of mean and
standard deviation can help in making a decision.Â
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- QNT 351 Week 2 DQ 3
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- What level of data is a telephone number? Explain.
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- QNT 351 Week 2 DQ 4
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- Does all data have a mean, median, or mode? Why
or why not? When is the mean the best measure of
central tendency? When is the median the best
measure of central tendency?
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- QNT 351 Week 2 DQ 5
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- Why is the population shape a concern when
estimating a mean? What effect does sample size,
n, have on the estimate of the mean?
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- QNT 351 Week 2 Learning Team Assignment Data
Collection (2 Sets) - For more course tutorials visit
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- This tutorial contains 2 different Sets of papers
- Discuss with your team whether you have data from
RES/351, and if your team would like to use one
team members data for the Learning Team
assignments in this course. - If using data from RES/351
- Resources Data collected from RES/351
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- QNT 351 Week 3 Connect Problems
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- A sample of 43 observations is selected from a
normal population. The sample mean is 30, and the
population standard deviation is 3. Conduct the
following test of hypothesis using the 0.05
significance level. - a. Is this a one- or two-tailed test?
- b. What is the decision rule? (Round your
answer to 3 decimal places.) - c. What is the value of the test
statistic? (Round your answer to 2 decimal
places.) - d. What is your decision regarding H0?
- e. What is the p-value? (Round your
answer to 4 decimal places.)
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- QNT 351 Week 3 DQ 1
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- What is the difference between an independent and
a dependent variable? Does a regression model
imply causation? Explain why or why not.
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- QNT 351 Week 4 DQ 2
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- What are the differences between probability and
coincidence? Can the probability be more than 1
or less than 0? Explain why or why not.
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- QNT 351 Week 3 DQ 2
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- What is the role of probability concepts in
business decision-making? Provide specific
examples.
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- QNT 351 Week 3 DQ 3
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- What are the basic differences between a discrete
and a continuous distribution?
24QNT 351 Something Great/Uophelp.Com
- QNT 351 Week 3 DQ 4
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- What are the characteristics of standard normal
distribution? Explain how to calculate the z-test
static. Explain how a z-value is used to
calculate the area under the distribution and the
meaning of P(0 to z) when z 1.96.
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- QNT 351 Week 3 Individual Assignment Real Estate
Data - For more course tutorials visit
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- Resources Appendix A1 at the end of Basic
Statistics for Business and Economics - Answer question 68 in the Data Set Exercises from
Ch. 3 of Basic Statistics for Business and
Economics. - Answer question 34 in the Data Set Exercises from
Ch. 4 of Basic Statistics for Business and
Economics.
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- QNT 351 Week 3 Team Assignment Summarizing and
Presenting Data (2 Sets) - Â For more course tutorials visit
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- This tutorial contains 2 different Sets of papers
- If using RES/351 data
- Revise the report submitted in Week Two based on
the feedback provided by the instructor in the
team assignment, and insight gained by reading.
27QNT 351 Something Great/Uophelp.Com
- QNT 351 Week 4 DQ 1
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- What are some terms related to hypothesis testing
with which you are already familiar? Why do null
and alternative hypotheses have to be mutually
exclusive?
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- QNT 351 Week 4 DQ 2
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- Why does the significance level differ among
industries? Will the null hypothesis be more
likely to be rejected at a 0.01 than a 0.10?
As the significance level increases to a 0.10
from a 0.01, which type error is more likely to
occur? What can be done to reduce the likelihood
of incurring this error?
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- QNT 351 Week 4 DQ 3
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- Â Â Please explain the five steps used in
hypothesis testing. How does the five-step
procedure for hypothesis testing differ when
comparing two groups using a t- or z-test? How is
the process similar?
30QNT 351 Something Great/Uophelp.Com
- QNT 351 Week 4 DQ 4
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- Please explain terms related to hypothesis
testing please explain null and alternate
hypotheses, explain the difference between two
different test statistics, then define the
equations used in both. Why do null and
alternative hypotheses have to be mutually
exclusive?
31QNT 351 Something Great/Uophelp.Com
- QNT 351 Week 4 Individual Assignment Real Estate
Data - For more course tutorials visit
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- Resources Appendix A1 at the end of Basic
Statistics for Business and Economics - Answer question 60 (both parts a. and b.) in the
Data Set Exercises from Ch. 6 of Basic Statistics
for Business and Economics. - Answer question 54 (both parts a. and b.) in the
Data Set Exercises from Ch. 7 of Basic Statistics
for Business and Economics.
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- QNT 351 Week 4 Learning Team Reflection (2 Sets)
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- QNT 351 Week 4 Learning Team Reflection
- This tutorial contains 2 different sets
- Discuss the following with your Learning Team
- The steps in testing a research hypothesis
- Comparing the means of two or more groups
- Calculating the correlation between two
variables
33QNT 351 Something Great/Uophelp.Com
- QNT 351 Week 5 Individual Assignment Real Estate
Data - For more course tutorials visit
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- Resources Appendix A1 at the end of Basic
Statistics for Business and Economics - Answer question 58 in the Data Set Exercises from
Ch. 10 of Basic Statistics for Business and
Economics. - Answer question 62 in the Data Set Exercises from
Ch. 13 of Basic Statistics for Business and
Economics.
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- QNT 351 Week 5 Learning Team Assignment Analyzing
and Interpreting Data Paper and Presentation - For more course tutorials visit
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- If using RES/351 data
- Ask your instructor for specific information
regarding the analysis you are required to
perform for your data set. - Combine your Week Two Learning Team assignment
and Week Three findings with Week Five findings
and make a recommendation to the research
problem.
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