QNT 275 Inspiring Innovation--snaptutorial.com

1
QNT 275 Inspiring Innovation--snaptutorial.com
2
QNT 275 Inspiring Innovation--snaptutorial.com
QNT 275 Final Exam Guide (New, 2018, 100 Score)
For more classes visit www.snaptutorial.com   1 T
o make tests of hypotheses about more than two
population means, we use the t
distribution normal distribution chi-square
distribution analysis of variance distribution
3
QNT 275 Inspiring Innovation--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.
4
QNT 275 Inspiring Innovation--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.
5
QNT 275 Inspiring Innovation--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
6
QNT 275 Inspiring Innovation--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.
7
QNT 275 Inspiring Innovation--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.
Contrast quantitative data and qualitative data.
Use two Peer Reviewed references. Evaluate
tables and charts used to represent quantitative
and qualitative data.
8
QNT 275 Inspiring Innovation--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.
9
QNT 275 Inspiring Innovation--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
10
QNT 275 Inspiring Innovation--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.
11
QNT 275 Inspiring Innovation--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.
12
QNT 275 Inspiring Innovation--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.
13
QNT 275 Inspiring Innovation--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.
14
QNT 275 Inspiring Innovation--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.
15
QNT 275 Inspiring Innovation--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. T
16
QNT 275 Inspiring Innovation--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.
17
QNT 275 Inspiring Innovation--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 
18
QNT 275 Inspiring Innovation--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 t
he 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.
19
QNT 275 Inspiring Innovation--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.
20
QNT 275 Inspiring Innovation--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
21
QNT 275 Inspiring Innovation--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?
22
QNT 275 Inspiring Innovation--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
23
QNT 275 Inspiring Innovation--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.
24
QNT 275 Inspiring Innovation--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.
25
QNT 275 Inspiring Innovation--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.
26
QNT 275 Inspiring Innovation--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.
27
QNT 275 Inspiring Innovation--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.
28
QNT 275 Inspiring Innovation--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?
29
QNT 275 Inspiring Innovation--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.
30
QNT 275 Inspiring Innovation--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.
31
QNT 275 Inspiring Innovation--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.
32
QNT 275 Inspiring Innovation--snaptutorial.com
QNT 275 Week 4 Apply Connect Week 4 Case For
more classes visit www.snaptutorial.com   Customiz
ed Work for QNT 275   https//uopcourses.com/sd_pr
oduct/qnt-275-weekly-practice-connect-knowledge-ch
eck-apply-connect-weekly-case/
33
QNT 275 Inspiring Innovation--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.
34
QNT 275 Inspiring Innovation--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.
35
QNT 275 Inspiring Innovation--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
36
QNT 275 Inspiring Innovation--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?
37
QNT 275 Inspiring Innovation--snaptutorial.com
QNT 275 Week 4 Individual Assignment t-test I4
For more classes visit www.snaptutorial.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.
38
QNT 275 Inspiring Innovation--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.
39
QNT 275 Inspiring Innovation--snaptutorial.com
QNT 275 Week 4 Practice Connect Knowledge Check
For more classes visit www.snaptutorial.com   Cus
tomized Work for QNT 275 https//uopcourses.com/sd
_product/qnt-275-weekly-practice-connect-knowledge
-check-apply-connect-weekly-case/  
40
QNT 275 Inspiring Innovation--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 97
41
QNT 275 Inspiring Innovation--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 presenta
tion 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
42
QNT 275 Inspiring Innovation--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 ___. 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

43
QNT 275 Inspiring Innovation--snaptutorial.com
QNT 275 Week 5 Apply Connect Week 5 Case For
more classes visit www.snaptutorial.com   Customiz
ed Work for QNT 275   https//uopcourses.com/sd_pr
oduct/qnt-275-weekly-practice-connect-knowledge-ch
eck-apply-connect-weekly-case/       QNT 275 Week
5 Apply Connect Week 5 Case  
44
QNT 275 Inspiring Innovation--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.
45
QNT 275 Inspiring Innovation--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.
46
QNT 275 Inspiring Innovation--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?
47
QNT 275 Inspiring Innovation--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?
48
QNT 275 Inspiring Innovation--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.
49
QNT 275 Inspiring Innovation--snaptutorial.com
QNT 275 Week 5 Individual Assignment Final z-test
(Set 2) For more classes visit www.snaptutorial.
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.
50
QNT 275 Inspiring Innovation--snaptutorial.com
QNT 275 Week 5 Individual Assignment Final
z-test For more classes visit www.snaptutorial.c
om   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
51
QNT 275 Inspiring Innovation--snaptutorial.com
QNT 275 Week 5 Practice Connect Knowledge Check
For more classes visit www.snaptutorial.com   QNT
275 Week 5 Practice Connect Knowledge Check A
sequence of values of some variable or composite
of variables taken at successive, uninterrupted
time periods is called a seasonal
factor. cyclical component.
52
QNT 275 Inspiring Innovation--snaptutorial.com
QNT 275 Week 5 Practice Set For more classes
visit www.snaptutorial.com   1. This distribution
has only one parameter. The curve is skewed to
the right for small df and becomes symmetric for
large df. The entire distribution curve lies to
the right of the vertical axis. The distribution
assumes nonnegative values only
53
QNT 275 Inspiring Innovation--snaptutorial.com