QNT 561 Slingshot Academy / qnt561.com

1
QNT 561 Slingshot Academy / qnt561.com
The aim of education is the knowledge, not of
facts, but of values
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Visit Now
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Final Exam Guide (New)
1. The mean gas mileage for a hybrid car is
56 miles per gallon. Suppose that the gasoline
mileage is approximately normally distributed
with a standard deviation of 3.2 miles per
gallon. 2. What conditions must n satisfy to
make the x2 test valid? 3. To use the
t-statistic to test for a difference between the
means of two populations, what assumptions must
be made about the two populations? About the two
samples?
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Final Exam Guide (New, 2017)
1.      James Desreumaux, VP of Human Resources
of American First Banks (AFB), is reviewing the
employee training programs of AFB banks.  His
staff randomly selected personnel files for 100
tellers in the Southeast Region and determined
that their mean training time was 25 hours. 
Assume that the population standard deviation is
5 hours.  The 95 confidence interval for the
population mean of training times is
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Final Guide (Latest)
1. A random sample of size 15 is selected from a
normal population. The population standard
deviation is unknown. Assume the null hypothesis
indicates a two-tailed test and the researcher
decided to use the 0.10 significance level. For
what values of t will the null hypothesis not be
rejected? 2. Which of the following is a
characteristic of the F distribution? 3. For a
chi-square test involving a contingency table,
suppose the null hypothesis is rejected. We
conclude that the two variables are __________.
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 1 Assignment Statistics Concepts and
Descriptive Measures Instructions (Financial Data)
Purpose of Assignment The purpose of this
assignment to orient students to the key concepts
in statistics. This assignment will introduce
students to the language of statistics. Students
will also get a chance to warm-up on evaluating
some basic descriptive statistics using Excel
prior to the course start. Assignment Steps This
assignment has an Excel dataset spreadsheet
attached.   Resource Microsoft Excel, Statistics
Concepts and Descriptive Measures Data
Set Download the Statistics Concepts and
Descriptive Measures Data Set. 
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 1 Assignment Statistics Concepts and
Descriptive Measures Instructions (Consumer Food)
Purpose of Assignment The purpose of this
assignment to orient students to the key concepts
in statistics. This assignment will introduce
students to the language of statistics. Students
will also get a chance to warm-up on evaluating
some basic descriptive statistics using Excel
prior to the course start. Assignment Steps This
assignment has an Excel dataset spreadsheet
attached.   Resource Microsoft Excel, Statistics
Concepts and Descriptive Measures Data
Set Download the Statistics Concepts and
Descriptive Measures Data Set. 
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 1 DQ 1
How may variance and standard deviation be
applied to a real-world business-related problem?
Provide a specific application in which these
measures are useful.
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 1 DQ 2
When would you use Chebyshevs theorem and the
empirical rule in business? How are they
calculated? Provide one real-life example that
requires Chebyshevs theorem and one that
requires the empirical rule.
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 1 Individual My Statslab Problem Set
1. What is statistics? 2. Explain the
difference between descriptive and inferential
statistics. 3. Explain the difference
between qualitative and quantitative data. 4.
Explain how populations and variables differ. 5.
Explain how populations and samples
differ. 6. What is a representative sample?
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 1 Lab Work (New)
Chapter 2 Ex 4) Two Thousand three hundred
frequent business travelers are asked which
Midwestern city they prefer Indianapolis, Saint
Louis, Chicago or Milwaukee. 388 liked
Indianapolis best, 450 liked Saint Louis, 1212
liked Chicago and the remainder prefers
Milwaukee. Develop a frequency table and a
relative frequency table to summarize this
information (Round relative frequency to 3
decimal places.)
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 2 Case Study MBA Schools in Asia
Pacific
Review the Case Study MBA Schools in
Asia-Pacific and the Case Study MBA Schools in
Asia-Pacific data set. Prepare a 1,050-word
managerial report for your boss. Use the
following questions for guidelines and directions
on what to include in the report 1.         What
is the type of data (Quantitative or Qualitative)
for each of the columns (variables) in the
dataset? If quantitative, is the data discrete or
continuous? Neatly summarize your response in a
table for all the columns (variables).
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 2 DQ 1
What are some examples of operational definitions
in research design within your profession? For
example, in the education field, graduation rate
and retention rate are important operational
definitions to measure progress of students.
Likewise other professions have common metrics
and definitions. Identify some metrics and
operational definitions from your own career or a
profession that you know well. Tell us why you
think it is important!
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 2 DQ 2
What is the purpose of sampling? What are some
concerns and dangers of sampling? How important
is the sample design to data validity? Explain.
Provide an example where a sample might
misrepresent data validity. For example, reflect
on the current political campaign and the
pollsters!
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 2 Individual My Statslab Problem
Set
1. A random sample of 87 observations
produced a mean 25.7 and a standard deviation
s 2.6. 2. Health care workers who use
latex gloves with glove powder on a daily basis
are particularly susceptible to developing a
latex allergy. Each in a sample of 50 hospital
employees who were diagnosed with a latex allergy
based on a skin-prick test reported on their
exposure to latex gloves. Summary statistics for
thr number of latex gloves used per week are
19.4 and s 11.6. Complete parts (a) (d). 3.
Each child in a sample of 62 low-income
children was administered a language and
communication exam. The sentence complexity
scores had a mean of 7.63 and a standard
deviation of 8.92. Complete parts a through d.
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 2 Lab Work (New)
Chapter 5 Ex 4) A large company must hire a
new president. The Board of Directors prepares a
list of five candidates, all of whom are equally
qualified. Two of these candidates are members of
a minority group. To avoid bias in the selection
of the candidate, the company decides to select
the president by lottery. a. What is the
probability one of the minority candidate is
hired? b. Which concept of probability did
you use to make this estimate?
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 2 Team Assignment Business Research
Project Part 1 Business Problem and Research
Questions
Identify an organization or business for your
Learning Team research project. Describe the
products or services it provides. Identify a
problem or dilemma faced by the organization that
could be addressed by research. Discuss the
problem as a team. Discuss your selected problem
or dilemma with your faculty member to ensure
that it is at an appropriate scope for the
course. Develop a purpose statement for your
research project. Create a draft of the research
questions addressing the problem and purpose
statements.
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 2 Team Assignment Business Research
Project Part 1 Formulation of the Research
Problem
Identify an organization from any member in your
Learning Team or an organization with which your
team is familiar. If an actual company is used,
disguise its name with a pseudonym. Identify one
independent variable and one dependent variable
based on the business. Operationalize these
variables if they are too abstract to
measure.   Develop a real or realistic research
question for the company you chose and the two
variables. Include a background, a business
problem and the team's role of no more than 500
words.
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 3 Assignment Expansion Strategy and
Establishing a Re-Order Point
Learning team paper Purpose of Assignment This
assignment has two cases. The first case is on
expansion strategy. Managers constantly have to
make decisions under uncertainty. This assignment
gives students an opportunity to use the mean and
standard deviation of probability distributions
to make a decision on expansion strategy. The
second case is on determining at which point a
manager should re-order a printer so he or she
doesn't run out-of-stock. The second case uses
normal distribution.
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 3 Case Study SuperFun Toys
Individual Paper   Purpose of Assignment    The
purpose of this assignment is for students to
learn how to make managerial decisions using a
case study on Normal Distribution. This case uses
concepts from Weeks 1 and 2. It provides students
an opportunity to perform sensitivity analysis
and make a decision while providing their own
rationale. This assignment also shows students
that statistics is rarely used by itself. It
shows tight integration of statistics with
product management. 
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 3 DQ 1
In your organizations management development
program, there was a heated discussion between
people who claimed that theory is impractical and
not effective, and others who claimed that
effective theory is the most practical approach
to problems. What position would you take and why?
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 3 DQ 2
You observe female sales representatives having
lower customer defections than male sales
representatives. What concepts and constructs
would you use to study this phenomenon? How might
the concepts or constructs relate to explanatory
hypotheses? Explain.
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 3 Individual Mystatslab Problem Set
1. Which hypothesis, the null or the
alternative, is the status-quo hypothesis? 2.
A university economist conducted a study of
elementary school lunch menus. During the
state-mandated testing period, school lunches
averaged 890 calories. The economist claimed that
after the testing period ended, the average
caloric content of the school lunches
increased/dropped significantly. Set up the null
and alternative hypothesis to test the
economists claim.
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 3 Lab Work (New)
Chapter 8 Ex 2) The following is a list of 29
hospitals in the Cincinnati (Ohio) and Northern
Kentucky region. The hospitals are identified by
numbering them 00 through 28. Also included is
whether the hospital is a general
medical/surgical hospital (M/S) or a specialty
hospital (S). we are interested in estimating the
average number of full- and part-time nurses
employed in the area hospitals.
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 3 Team Assignment Business Research
Project Part 2 Research Plan (2 Papers)
This Tutorial contains 2 different Papers Develop
a plan for your Business Research Project in
approx. 800 words. Revise the research
questions based on instructor feedback from the
previous week. Identify population and samples
for your research. Describe who will be chosen
and how they will be accessed. Determine the
data collection process. Describe the format of
the survey and the basic item content to be
gathered.
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 4 Case the Payment Time
Individual Paper Purpose of Assignment  The
purpose of the assignment is to develop students'
abilities in using datasets to apply the concepts
of sampling distributions and confidence
intervals to make management decisions.  Assignmen
t Steps  Resources Microsoft Excel, The Payment
Time Case Study, The Payment Time Case Data
Set  Review the Payment Time Case Study and Data
Set. 
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 4 Discussion Descriptive Statistics
Create a Microsoft Excel spreadsheet with the
two variables from a dataset for your
choosing. Analyze the data with MegaStat,
StatCrunch, Microsoft Excelor other
statistical tool(s), including (a) Descriptive
stats for each numeric variable and (b) Histogram
for each numeric variable and either (c) or
(d) (c) Bar chart for each attribute (non
numeric) variable (d) Scatter plot if the data
contains two numeric variables
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 4 DQ 1
does technological advancement affect the ability
to collect data? Provide examples. Does this
advancement increase the chance for errors?
Explain.
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 4 DQ 2
What is the importance of pretesting questions
and instruments? What are risks of not doing
this? Provide an example.
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 4 Individual Mystatslab Problem Set
1. Researchers conducted a survey of a
representative sample of over 1,000 drivers.
Based on how often each driver engaged in road
behaviour, a road rage score was given. The
drivers were also grouped by annual income. The
data were subjected to an analysis of variance,
with the results summarized in the table. 2.
Researchers surveyed a random sample of 25
employees who were enrolled in a certain program
at one of three universities. These individuals
were divided into four distinct groups, 1, 2, 3,
and 4, depending on their job situation at a
previous or current firm.
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 4 Lab Work (New)
Chapter 10 Ex 2) A Sample of 36 observations
is selected from a normal population. The sample
mean is 12, and the population standard deviation
is 3. Conduct the following test of hypothesis
using the 0.01 significance level.
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 4 Team Assignment Business Research
Project Part 3 Survey and Data Collection Plan (2
Sets)
This Tutorial contains 2 different sets Create
a draft of the survey. Conduct a pilot pretest
having another Learning Team in the class to
provide feedback for your team. Chet will create
a message thread for each team to place their
survey in the Class Discussion Tab. Revise the
survey based on the feedback provided by your
classmates.
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 5 DQ 1
What is the value of performing hypotheses tests
to solve problems related to business and
operations management? Provide specific examples.
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 5 DQ 2
What are differences between dependent and
independent samples? Provide examples. What are
implications for determining the tests used to
analyze data?
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 5 Individual Mystatslab Problem Set
1. Consider the pairs of measurements shown
to the right. 2. Researchers investigated
the effect of tablet surface area to volume on
the rate at which a drug is released in a
controlled-release dosage. For six similarly
shaped tablets with different weights and
thicknesses, the diffusional drug release rate
(percentage of drug released divided by the
square root of time) was determined. The
experimental data are listed in the table.
Complete parts a through d. 3. Many
entrepreneurs have donated money to various
causes. Data on the total amount pledged and
remaining net worth for the 10 top donors are
given in the table. Complete parts a through d.
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 5 Lab Work (New)
Chapter 13 Ex 6) The owner of Maumee
Ford-Mercury-Volvo wants to study the
relationship between the age of a car and its
selling price. Listed below is a random sample of
12 used cars sold at the dealership during the
last year. a. If we wants to estimate
selling price on the basis of the age of car,
which variable is thr dependent varialble and
which is the independent variable? b. 1.
Determine the correlation coefficient
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 5 Spicy Wings Case Study
Week 5 Individual Paper          Spicy Wings
Case Purpose of Assignment  The purpose of this
assignment is to develop students' abilities to
combine the knowledge of descriptive statistics
covered in Weeks 1 and 2 and one-sample
hypothesis testing to make managerial decisions.
In this assignment, students will develop the
ability to use statistical analysis and verify
whether or not a claim is valid before
advertising it.
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 5 Team Assignment Business Research
Project Part 4 Data Analysis (2 Sets)
This Tutorial contains 2 different
sets Administer the survey.  In a paper in the
APA format describe the following  Determine the
sample process including sample contact, survey
distribution, and survey collection.  Organize,
prepare, and describe the data.  Include tables
and figures as necessary to visually present the
data.  Think of this as a progress report to the
CEO. He/She has provided your resources to
conduct your research and you have just completed
the deployment of your survey with some raw data
BUT your analysis is not completed!
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 5 Team One-Sample Hypothesis Testing
(Election Results, SpeedX)
Week 5 Learning team Paper Part A One-Sample
Hypothesis Testing Cases Purpose of
Assignment  The purpose of this assignment is to
develop students' abilities to combine the
knowledge of descriptive statistics covered in
Weeks 1 and 2 and one-sample hypothesis testing
to make managerial decisions.
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 6 Lab Work (New)
Chapter 18 EX.2) Listed Below is the number of
movie tickets sold at the Library Cinema-Complex,
in thousands, for the period from 2001 to 2013.
Compute a five-year weighted moving average using
weights of 0.15, 0.15, 0.25, 0.16, and 0.29,
respectively. Describe the trend in yield.
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 6 Signature Assignment (1400 words)
Individual Paper Signature Assignment About Your
Signature AssignmentThis signature assignment is
designed to align with specific program student
learning outcome(s) in your program. Program
Student Learning Outcomes are broadstatements
that describe what students should know and be
able to do upon completion of their degree. The
signature assignments might be graded with an
automatedrubric that allows the University to
collect data that can be aggregated across a
location or college/school and used for program
improvements.
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QNT 561 Slingshot Academy / qnt561.com
QNT 561 Week 6 Team Assignment Business Research
Project Part 5 Research Report and Presentation
(2 Sets)
This Tutorial contains 2 Sets of Report and
Presentation Complete the cumulative Business
Research Report in approx. 1,500 words by
collaborating with your team to include the
following Revised tables or figures based on
prior instructor feedback The description or
interpretation for the tables or figures Summary
of Learning Team results Answers to the research
questions Research challenges Steps to minimize
challenges in future research
42
QNT 561 Slingshot Academy / qnt561.com
The aim of education is the knowledge, not of
facts, but of values
For More Courses
Visit Now
www.qnt561.com