Title: QNT 275 Possible is Everything/snaptutorial.com
1QNT 275 Possible is Everything/snaptutorial.com
2QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Final Exam Guide (New, 2018, 100 Score)
For more classes visit www.snaptutorial.com
1 To make tests of hypotheses about more than
two population means, we use the t
distribution normal distribution chi-square
distribution analysis of variance distribution
2 You randomly select two households and observe
whether or not they own a telephone answering
machine. Which of the following is a simple
event? At most one of them owns a telephone
answering machine. At least one of them owns a
telephone answering machine. Neither of the two
owns a telephone answering machine. Exactly one
of them owns a telephone answering machine.
3QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 1 Apply Connect Week 1 Exercise
For more classes visit www.snaptutorial.com
QNT 275 Week 1 Apply Connect Week 1
Exercise Review the glossary in your textbook in
preparation for this assignment. Complete the
Week 1 Exercise in Connect. Note You have only 1
attempt available to complete assignments.
4QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 1 DQ 1 For more classes
visit www.snaptutorial.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 Possible is Everything/snaptutorial.com
QNT 275 Week 1 DQ 2 For more classes
visit www.snaptutorial.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 Possible is Everything/snaptutorial.com
QNT 275 Week 1 DQ 3 For more classes
visit www.snaptutorial.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 Possible is Everything/snaptutorial.com
QNT 275 Week 1 Individual Assignment Statistics
in Business (2 Papers) For more classes
visit www.snaptutorial.com This Tutorial
contains 2 Papers Develop a 875-word response
that addresses each of the following prompts
Define statistics with citation and reference.
8QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 1 Practice Connect Knowledge Check
For more classes visit www.snaptutorial.com
QNT 275 Week 1 Practice Connect Knowledge
Check Complete the Week 1 Knowledge Check in
Connect. Note You have unlimited attempts
available to complete practice assignments.
1. Daily temperature in a local community
collected over a 30-day time period is an example
of cross-sectional data. True False
9QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 1 Practice Set For more classes
visit www.snaptutorial.com The following table
lists the number of deaths by cause as reported
by the Centers for Disease Control and Prevention
on February 6, 2015
10QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 2 Apply Connect Week 2 Case For
more classes visit www.snaptutorial.com QNT 275
Week 2 Apply Connect Week 2 Case Part 1 You
manage the inventory for a car dealership. Your
management would like you to review current
inventory on the dealership lot. Review the
Week 2 Data Set. Create and calculate the
following in Excel
11QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 2 Assignment Mini-Project 3-2
For more classes visit www.snaptutorial.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
12QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 2 DQ 1 For more classes
visit www.snaptutorial.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.
13QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 2 DQ 2 For more classes
visit www.snaptutorial.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.
14QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 2 DQ 3 For more classes
visit www.snaptutorial.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.
15QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 2 Individual Assignment Activity
Data Set (Little Town Cafe) For more classes
visit www.snaptutorial.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 wait
staff employee can serve 50 guests. When a bus
staff employee is added, the pair can serve 75
guests. At 76 guests, the café adds a second wait
staff employee, for a total of 2 waiters and one
busser. Analysis of guest numbers can support
future decisions about scheduling wait staff,
dishwashers, and bus staff for the café.
16QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 2 Individual Assignment Business
Problem For more classes visit www.snaptutorial.
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 question must contain the variable you will
measure. Discuss the measured variable. Use the
business research problem sample I2 as a guide.
This paper should be between 300-600 words. Post
to the individual assignment forum. Title the
document file "Business Statistics Research
Problem I2". Materials
17QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 2 Mini- Project 3-3 (Movie Data
Set) For more classes visit www.snaptutorial.com
Purpose of Assignment This assignment
provided students with practice in understanding
the relationship of averages and standard
deviation to make an informed business decision
about the gross income performance of each movie
genre. Students will learn to implement the use
of these statistical measures for better business
decision-making. Resources Week 2 Videos Week
2 Readings Statistics Lab
18QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 2 Practice Analysis ToolPak
Installation For more classes
visit www.snaptutorial.com QNT 275 Week 2
Practice Analysis ToolPak Installation Complete
the steps indicated in the Installing the
Analysis ToolPak video to prepare for this
weeks assignment. Take a screenshot of the Data
tab showing the installed toolpak.
19QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 2 Practice Connect Knowledge Check
For more classes visit www.snaptutorial.com
QNT 275 Week 2 Practice Connect Knowledge
Check Complete the Week 2 Knowledge Check in
Connect. Note You have unlimited attempts
available to complete practice assignments. 1. In
a statistics class, 10 scores were randomly
selected with the following results 74, 73, 77,
77, 71, 68, 65, 77, 67, 66. What is the IQR?
11.00 10
20QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 2 Practice Set For more classes
visit www.snaptutorial.com List the simple
events for each of the following statistical
experiments in a sample space. One roll of a
die. Note Separate your response with a comma
(,). For example 22, 23, 24 Three tosses of a
coin.
21QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 2 Quiz For more classes
visit www.snaptutorial.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
capital spending. Possible responses to the
survey question were "Yes," "No," or "Don't
Know." These data are best classified as
____________. 4. The accompanying chart
shows the numbers of books written by each author
in a collection of cookbooks. What type of chart
is this? 5. A population consists of
_________________. 6. Which of the
following variables is quantitative?
22QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 3 Apply Connect Week 3 Case For
more classes visit www.snaptutorial.com QNT 275
Week 3 Apply Connect Week 3 Case Part 1
Three hundred consumers between 21 and 49 years
old were randomly selected. After sampling a new
wine cooler, each was asked to rate the appeal of
the phrase Not sweet like wine coolers, not
filling like beer, and more refreshing than wine
or mixed drinks as it relates to the new wine
cooler. The
23QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 3 CLO Business Decision Making
Project Part 1 (2 Papers) For more classes
visit www.snaptutorial.com This Tutorial contains
2 Papers 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.
24QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 3 DQ 1 For more classes
visit www.snaptutorial.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 3
25QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 3 DQ 2 For more classes
visit www.snaptutorial.com What are some
conditions under which business decisions are
made using subjective probability concepts?
Provide at least two examples of subjective
probability.
26QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 3 DQ 3 For more classes
visit www.snaptutorial.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.
27QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 3 Individual Assignment Descriptive
Statistics (Score 85) For more classes
visit www.snaptutorial.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
28QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 3 Practice Connect Knowledge Check
For more classes visit www.snaptutorial.com
QNT 275 Week 3 Practice Connect Knowledge
Check 1. A plant manager knows that the number of
boxes of supplies received weekly is normally
distributed with a mean of 200 and a standard
deviation of 20. What percentage of the time will
fewer than 160 boxes of supplies arrive in a
week? 2.28 4.56
29QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 3 Practice Set For more classes
visit www.snaptutorial.com Let x be a
continuous random variable. What is the
probability that x assumes a single value, such
as a (use numerical value)? The following are
the three main characteristics of a normal
distribution. The total area under a normal curve
equals _____. A normal curve is ___________ about
the Consequently, 50 of the total area
30QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 3 Probability Case Study 5.2 For
more classes visit www.snaptutorial.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. What was the smoking trend from
1997-2007? Is this a discrete, continuous, or
conditional probability? Why?
31QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 3 Quiz For more classes
visit www.snaptutorial.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 t
32QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 4 Apply Connect Week 4 Case For
more classes visit www.snaptutorial.com
Customized Work for QNT 275 https//uopcourses.
com/sd_product/qnt-275-weekly-practice-connect-kno
wledge-check-apply-connect-weekly-case/
33QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 4 CLO Business Decision Making
Project Part 2 (2 Papers) For more classes
visit www.snaptutorial.com This Tutorial
contains 2 Papers 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.
34QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 4 DQ 1 For more classes
visit www.snaptutorial.com What is the
difference between an independent and a dependent
variable? Does a regression model imply
causation? Explain why or why not.
35QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 4 DQ 2 For more classes
visit www.snaptutorial.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.
36QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 4 DQ 3 For more classes
visit www.snaptutorial.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?
37QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 4 Individual Assignment t-test I4
For more classes visit www.snaptutorial.com
Individual 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
38QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 4 Linear Regression Case 12.1 For
more classes visit www.snaptutorial.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.
39QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 4 Practice Connect Knowledge Check
For more classes visit www.snaptutorial.com
Customized Work for QNT 275 https//uopcourses.co
m/sd_product/qnt-275-weekly-practice-connect-knowl
edge-check-apply-connect-weekly-case/ Based on
a random sample of 25 units of product X, the
average weight is 102 lb and the sample standard
deviation is 10 lb. We would like to decide if
there is enough evidence to establish that the
average weight for the population of product X is
greater than 100 lb. Therefore, the alternative
hypothesis can be written as HA µ gt 100. (Assume
the population is normally distributed.)
40QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 4 Practice Set For more classes
visit www.snaptutorial.com Find z for each of
the following confidence levels. Round to two
decimal places. 90 95 96
41QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 4 Presentation (13 and 14) For
more classes visit www.snaptutorial.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. Draw on material
you developed in the 13 Research Problem and 14
Research Problem
42QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 4 Quiz For more classes
visit www.snaptutorial.com QNT 275 Week 4 Quiz
Question 1 Serial
correlation is typically observed in Question 2
Another name for an explanatory
variable is the ___.
43QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 5 Apply Connect Week 5 Case For
more classes visit www.snaptutorial.com
Customized Work for QNT 275 https//uopcourses.
com/sd_product/qnt-275-weekly-practice-connect-kno
wledge-check-apply-connect-weekly-case/
44QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 5 Assignment Business Problem or
Opportunity Presentation For more classes
visit www.snaptutorial.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. Include on the slides what you would want
the audience to see (include
45QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 5 CLO Business Decision Making
Project Part 3 (2 PPT) For more classes
visit www.snaptutorial.com This Tutorial
contains 2 Presentations 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. Include on the slides what you'd want the
audience to see (include appropriate
46QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 5 DQ 1 For more classes
visit www.snaptutorial.com How would you select
appropriate statistical tests for analysis
research data? What aspects of research questions
or data types are relevant considerations in
choosing your tests? Why?
47QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 5 DQ 2 For more classes
visit www.snaptutorial.com How do you know you
have validated a research study based on data
gathered from primary or secondary sources? Have
you been involved with any product test-marketing
project? Explain. How did the resulting
statistics affect the product's marketing
strategy? How can organizations skew the
statistical outcomes of their business research?
48QNT 275 Possible is Everything/snaptutorial.com
QNT 275 Week 5 DQ 3 For more classes
visit www.snaptutorial.com In what way has the
learning from this course helped you to
effectively test hypotheses, draw conclusions,
and provide recommendations to management?
Consider what you have achieved in your research
study conducted for this course.
49QNT 275 Possible is Everything/snaptutorial.com