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QNT 351 paper teaching effectively • QNT 351 Week 1 Individual Assignment Statistics in Business • QNT 351 Week 1 DQ 1 • QNT 351 Week 1 DQ 2 • QNT 351 Week 1 DQ 3 • QNT 351 Week 1 DQ 4 • QNT 351 is a online tutorial store we provides QNT 351 Entire Course And Final Guide You can find here. QNT 351 Entire Course QNT 351 Entire Course And Final Guide
QNT 351 paper teaching effectively • 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? • Week 1 DQ1 • Where would you see descriptive statistics used in your work place? QNT 351 Final Exam Guide QNT 351 Week 1 DQ 1
QNT 351 paper teaching effectively • Week 1 DQ2 • How would you define dependent and independent variables? What is their significance in research? Explain with examples. • Week 1 DQ3 • Develop five demographic questions to measure gender, age, years of experience, level of education, and ethnicity. Identify the level of measurement used for each. QNT 351 Week 1 DQ 2 QNT 351 Week 1 DQ 3
QNT 351 paper teaching effectively • Week 1 DQ4 • 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. • Week 1 DQ5 • What is the importance of statistics in business decision making? Describe a business situation where statistics was used in making a decision. QNT 351 Week 1 DQ 4 QNT 351 Week 1 DQ 5
QNT 351 paper teaching effectively • Week 1 DQ6 • What are the four data measurement scales? Provide two examples and explain the importance of each in business research. • 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. QNT 351 Week 1 DQ 6 QNT 351 Week 1 Individual Assignment
QNT 351 paper teaching effectively • Week 2 DQ1 • 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? • Week 2 DQ2 • 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. QNT 351 Week 2 DQ 1 QNT 351 Week 2 DQ 2
QNT 351 paper teaching effectively • Week 2 DQ3 • What level of data is a telephone number? Explain. • Week 2 DQ4 • 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? QNT 351 Week 2 DQ 3 QNT 351 Week 2 DQ 4
QNT 351 paper teaching effectively • Week 2 DQ5 • Why is the population shape a concern when estimating a mean? What effect does sample size, n, have on the estimate of the mean? • 1.Choose the correct answer bellow: • A. It is an estimate or prediction or some other generalization about a population based on information contained in a sample • B. It is a characteristic or property of an individual experimental unit • C. It is the process used to assign numbers to variables of individual population units QNT 351 Week 2 DQ 5 QNT 351 Week 2 Individual Assignment
QNT 351 paper teaching effectively • Present the chosen situation as an overview—problem, purpose, research questions, and hypotheses. • Describe and the instrument used for data collection. • Identify types of data—quantitative, quantitative, or both—and how the data is collected. • Week 3 DQ1 • What are the differences between probability and coincidence? Can the probability be more than 1 or less than 0? Explain why or why not. QNT 351 Week 2 Learning Team QNT 351 Week 3 DQ 1
QNT 351 paper teaching effectively • Week 3 DQ2 • What is the role of probability concepts in business decision-making? Provide specific examples. • Week 3 DQ3 • What are the basic differences between a discrete and a continuous distribution? QNT 351 Week 3 DQ 2 QNT 351 Week 3 DQ 3
QNT 351 paper teaching effectively • Week 3 DQ4 • 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. • An industrial group reports that there were approximately 122,000 industrial robots operating in a region last year. The graph shows the percentages of industrial robot units assigned to each of six task categories. QNT 351 Week 3 DQ 4 QNT 351 Week 3 Individual Assignment
QNT 351 paper teaching effectively • 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. • Summarize the data collected using descriptive statistics. Descriptive statistics should be in the forms of frequency distribution table, measures of mean, median, mode, standard deviation, and graphical display of data. QNT 351 Week 3 Individual QNT 351 Week 3 Team Assignment
QNT 351 paper teaching effectively • Week 4 DQ1 • 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? • Week 4 DQ2 • Why does the significance level differ among industries? Will the null hypothesis be more likely to be rejected at 伪 = 0.01 than 伪 = 0.10? As the significance level increases to 伪 = 0.10 from 伪 = 0.01, which type error is more likely to occur? What can be done to reduce the likelihood of incurring this error? QNT 351 Week 4 DQ 1 QNT 351 Week 4 DQ 2
QNT 351 paper teaching effectively • Week 4 DQ3 • 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? • Week 4 DQ4 • 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? QNT 351 Week 4 DQ 3 QNT 351 Week 4 DQ 4
QNT 351 paper teaching effectively • 1. Determine whether the random variable is discrete or continuous. • a. the number of textbook authors now sitting at a computer • b. the weight of a T-bone steak • c. the number of fish caught during a fishing tournament • 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. QNT 351 Week 4 Individual Assignment QNT 351 Week 4 Individual Assignment
QNT 351 paper teaching effectively • The steps in testing a research hypothesis • Comparing the means of two or more groups • Calculating the correlation between two variables • QNT 351 Week 5 Indivdiual Assignment MyStatsLab Problems QNT 351 Week 4 Learning Team Reflection (2 Sets) QNT 351 Week 5 Individual Assignment
QNT 351 paper teaching effectively • 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. • Read the University of Phoenix Material: Ballard Integrated Managed Services, Inc., Part 2. Your team acts as a consultant group that analyzes and interprets this second set of data. The intent is to increase senior management’s understanding of the sources of employee dissatisfaction and to create a model that predicts employee resignation. QNT 351 Week 5 Individual Assignment Real QNT 351 Week 5 Learning Team Assignment