Title: QNT 275 STUDY creative knowledge /qnt275study.com
1QNT 275 STUDY creative knowledge /qnt275study.com
2QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Entire Course FOR MORE CLASSES VISIT
www.qnt275study.com QNT 275 Week 1 Individual
Assignment Statistics in Business QNT 275 Week 1
DQ 1 QNT 275 Week 1 DQ 2 QNT 275 Week 1 DQ 3
3QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Final Exam Guide FOR MORE CLASSES VISIT
www.qnt275study.com QNT 275 Final Exam
Guide 1. The salaries of teachers in a
particular school district are normally
distributed with a mean of 50,000 and a standard
deviation of 2,500. Due to budget limitations,
it has been decided that the teachers who are in
the top 2.5 of the salaries would not get a
raise. What is the salary level that divides the
teachers into one group that gets a raise and one
that doesnt?
4QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 1 DQ 1 FOR MORE CLASSES VISIT
www.qnt275study.com What is the importance of
statistics in business decision making? Describe
a business situation where statistics was used in
making a decision.
5QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 1 DQ 2 FOR MORE CLASSES VISIT
www.qnt275study.com Select four variables,
other than what your fellow students have already
selected, that could be measured by nominal,
ordinal, interval, and ratio scale. Classify them
by measurement scale and select descriptive
statistics that can be used to summarize data.
Use the following table when posting your
response Variable Level of Measurement
6QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 1 DQ 3 FOR MORE CLASSES VISIT
www.qnt275study.com How do we define
measurement? What are various levels of
measurement? How do you select measurement levels
when developing a survey or data collection tool?
Explain with examples.
7QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 1 Individual Assignment Statistics
in Business (2 Papers) FOR MORE CLASSES VISIT
www.qnt275study.com This Tutorial contains 2
Papers Develop a 875-word response that addresses
each of the following prompts Define
statistics with citation and reference.
Contrast quantitative data and qualitative data.
Use two Peer Reviewed references.
8QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 2 Assignment Mini-Project 3-2 FOR
MORE CLASSES VISIT www.qnt275study.com You are
employed as a statistician for a company that
makes household products, which are sold by
part-time salespersons who work during their
spare time. The company has four salespersons
employed in a small town. Let us denote these
salespersons by A, B, C, and D. The sales records
(in dollars) for the past 6 weeks for these four
salespersons are shown in the table below. Week
A B C D
9QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 2 DQ 1 FOR MORE CLASSES VISIT
www.qnt275study.com 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.
10QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 2 DQ 2 FOR MORE CLASSES VISIT
www.qnt275study.com What are the various
methods one can use to identify the shape of data
distribution collected for research study? Why it
is important to know the shape of distribution?
How it can be used in decision making? Provide
examples other than those already posted in class.
11QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 2 DQ 3 FOR MORE CLASSES VISIT
www.qnt275study.com Select an article from a
news magazine or research journal where data is
displayed in a pie or bar chart. Describe the
data displayed in the chart and what conclusion
you could draw.
12QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 2 Individual Assignment Activity
Data Set (Little Town Cafe) FOR MORE CLASSES
VISIT www.qnt275study.com Review the following
business scenario You are the manager in a small
town in the lake district of a Midwestern state
enjoys a robust tourist season during the summer
months, but has only a small population of
residents during the off season. The Littletown
Café adjusts the levels of staff according to the
time of year, to coincide with the number of
guests, with the tourist season typically
starting around Memorial Day each year. One
13QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 2 Individual Assignment Business
Problem FOR MORE CLASSES VISIT
www.qnt275study.com I2 (Week 2) Individual
Assignment Business Problem Prepare a paper
examining a business problem confronting your
organization or an organization you know of that
you feel could be addressed through the
application of the business research process.
Describe the problem. Then present the research
purpose and one research question addressing an
aspect of this problem. The
14QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 2 Quiz FOR MORE CLASSES VISIT
www.qnt275study.com QNT 275 Week 2 Quiz 1.
In order to summarize qualitative data, a
useful tool is a __________. 2. A
stem-and-leaf diagram is constructed by
separating each value of a data set into two
parts. What are these parts? 3. A recent
survey of 200 small firms (annual revenue less
than 10 million) asked whether an increase in
the minimum wage would cause the firm to decrease
15QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 3 CLO Business Decision Making
Project Part 1 FOR MORE CLASSES VISIT
www.qnt275study.com CLO Business
Decision-Making Project Part 1 Identify a
business problem or opportunity at a company
where you work or with which you're familiar.
This will be a business problem that you use for
the individual assignments in Weeks 3-5. It
should be a problem/opportunity for which
gathering and analyzing some type of data would
help you understand the problem/opportunity
better. Identify a research variable within the
problem/opportunity that could be measured with
some type of data
16QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 3 DQ 1 FOR MORE CLASSES VISIT
www.qnt275study.com An oil change shop
advertised to change oil within 15 minutes. Based
on the data collected on a typical day, what is
the probability that oil change will take 15
minutes or less time? Based on the data, do you
think the business claim is valid? Explain why or
why not. Class Interval Frequency 6 to 10 minutes
17QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 3 DQ 2 FOR MORE CLASSES VISIT
www.qnt275study.com What are some conditions
under which business decisions are made using
subjective probability concepts? Provide at least
two examples of subjective probability.
18QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 3 DQ 3 FOR MORE CLASSES VISIT
www.qnt275study.com What are the
characteristics of standard normal distribution?
The HR department of an organization collects
data on employees' age, salary, level of
education, gender, and ethnicity. Which data do
you think is more likely to follow normal
distribution? Explain why.
19QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 3 Individual Assignment Descriptive
Statistics (Score 85) FOR MORE CLASSES VISIT
www.qnt275study.com Individual Assignment
Descriptive Statistics Identify a research
problem different from the previous research
problems that uses two different sets of the same
type of data. Example Sales from two different
months or years. GPA's of men and women. Number
of two different shelf items sold (Coke Pepsi)
by month over a year. Home sales prices in
different suburbs, cities, counties or states.
You wish to determine if there is a significant
difference between the means of the data sets.
Select data that have absolute zero measurements
(Ratio data). You may use recorded.
20QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 3 Probability Case Study 5.2 FOR
MORE CLASSES VISIT www.qnt275study.com Week 3
Learning Team Collaboration Discussion
Probability Resource Case Study 5.2 in Chapter 5
of Essentials of Business Statistics Calculate
the requested probabilities for items
1-3. Discuss your findings for the probabilities.
21QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 3 Quiz FOR MORE CLASSES VISIT
www.qnt275study.com QNT 275 Week 3
Quiz Question 1 You work in
marketing for a company that produces work boots.
Quality control has sent you a memo detailing the
length of time before the boots wear out under
heavy use. They find that the boots wear out in
an average of 208 days, but the exact amount of
time varies, following a normal distribution with
a standard deviation of 14 days. For an upcoming
ad campaign, you need to know the percent of the
pairs that last longer than six months-that is,
180 days. Use the empirical rule to approximate
this percent.
22QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 4 CLO Business Decision Making
Project Part 2 FOR MORE CLASSES VISIT
www.qnt275study.com CLO Business Decision
Making Project, Part 2 Use the same business
problem/opportunity and research variable you
wrote about in Week 3. Remember do not actually
collect any data think hypothetically. Develop a
1,050-word report in which you
Identify the types of descriptive statistics that
might be best for summarizing the data, if you
were to collect a sample.
23QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 4 DQ 1 FOR MORE CLASSES VISIT
www.qnt275study.com What is the difference
between an independent and a dependent variable?
Does a regression model imply causation? Explain
why or why not
24QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 4 DQ 2 FOR MORE CLASSES VISIT
www.qnt275study.com Does correlation equal
causation? Does the strength of correlation
depend on the direction? What is the meaning of a
zero correlation? Explain your answers.
25QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 4 DQ 3 FOR MORE CLASSES VISIT
www.qnt275study.com What are the requirements
that must be met for a regression analysis? What
happens if these requirements are violated? Why
is analysis of residuals important?
26QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 4 Individual Assignment t-test I4
FOR MORE CLASSES VISIT www.qnt275study.com Ind
ividual Assignment t-test I4 Identify a
research problem different from the previous
research problems that uses two different sets of
the same type of data. Any subject may be chosen.
Some examples Sales from two different months or
years. GPA's of men and women. Number of two
different shelf items sold (Coke Pepsi) by
month over a year. Home sales prices in different
suburbs, cities, counties or states. You wish to
determine if there is a significant difference
between the means of the data sets.
27QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 4 Linear Regression Case 12.1 FOR
MORE CLASSES VISIT www.qnt275study.com Resource
Case Study 12.1 in Chapter 12 of Essentials of
Business Statistics. Click the Sushi Restaurant
Data Set link. Calculate the linear regression in
item 1 of the case study. Discuss the following
with your team Explain if simple
regression or multiple regression is more
appropriate for making predictions in this
case. Predict what will happen to sales
based on unemployment rate and the level
28QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 4 Presentation (13 and 14) FOR MORE
CLASSES VISIT www.qnt275study.com Prepare an
11- to 15-slide Microsoft PowerPoint
presentation for the senior management team based
on the business problem or opportunity you
described 13 and 14 Include on the slides what
you would want the audience to see (include
appropriate visual aids/layout). In the Speaker
Notes section, include what you would say as you
present each slide. If any source material is
quoted or paraphrased in the presentation, use
APA citations and references.
29QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 4 Quiz FOR MORE CLASSES VISIT
www.qnt275study.com QNT 275 Week 4
Quiz Question 1 Serial
correlation is typically observed in Question 2
Another name for an explanatory
variable is the ___. Question 3
Which of the following variables is not
qualitative? Question 4
Consider the following simple linear regression
model yßoß1(xe) The response variable is
30QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 5 Assignment Business Problem or
Opportunity Presentation FOR MORE CLASSES VISIT
www.qnt275study.com Prepare an 11- to 15-slide
Microsoft PowerPoint presentation for the
senior management team based on the business
problem or opportunity you described in Weeks 3
and 5.
31QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 5 CLO Business Decision Making
Project Part 3 FOR MORE CLASSES VISIT
www.qnt275study.com CLO Business Decision
Making Project, Part 3 Prepare an 11- to 15-slide
Microsoft PowerPoint presentation for the
senior management team based on the business
problem or opportunity you described in Weeks 3-4.
32QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 5 DQ 1 FOR MORE CLASSES VISIT
www.qnt275study.com How would you select approp
riate statistical tests for analysis research data
? What aspects of research questions or data types
are relevant considerations in choosing your test
s? Why?
33QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 5 DQ 2 FOR MORE CLASSES VISIT
www.qnt275study.com How do you know you have va
lidated a research study based on data gathered fr
om primary or secondary sources? Have you been inv
olved with any product test-marketing project? Exp
lain. How did the resulting statistics affect the
product's marketing strategy? How can organization
s skew the statistical outcomes of their business
research?
34QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 5 DQ 3 FOR MORE CLASSES VISIT
www.qnt275study.com In what way has the learnin
g from this course helped you to effectively test
hypotheses, draw conclusions, and provide recommen
dations to management? Consider what you have achi
eved in your research study conducted for this cou
rse.
35QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 5 Individual Assignment Final z-test
(Set 2) FOR MORE CLASSES VISIT
www.qnt275study.com Individual Assignment
Final z-test Identify a research problem
different from the previous research problems
that uses two different sets of the same type of
data. Example Sales from two different months or
years. GPA's of men and women. Number of two
different shelf items sold (Coke Pepsi) by
month over a year. Home sales prices in different
suburbs, cities counties or states. You wish to
determine if there is a significant difference
between the means of the data sets.
36QNT 275 STUDY creative knowledge /qnt275study.com
QNT 275 Week 5 Individual Assignment Final z-test
FOR MORE CLASSES VISIT www.qnt275study.com Ind
ividual Assignment Final z-test Identify a
research problem different from the previous
research problems that uses two different sets of
the same type of data. Example Sales from two
different months or years. GPA's of men and
women. Number of two different shelf items sold
(Coke Pepsi) by month over a year. Home sales
prices in different suburbs, cities counties or
states. You wish to determine if there is a
significant difference between the means of the
data sets. Select data that have absolute zero
measurements (Ratio data). You may use
37QNT 275 STUDY creative knowledge /qnt275study.com