QNT 561 Education Begins/newtonhelp.com

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QNT 561 Education Begins/newtonhelp.com
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QNT 561 Entire Course (With Final Guide)

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• Q1
• QNT 561 Final Exam Guide (New, 2017)
• QNT 561 Week 1 Assignment Statistics Concepts and
  Descriptive Measures Instructions (Financial
  Data)
• QNT 561 Week 1 Assignment Statistics Concepts
  and Descriptive Measures Instructions (Consumer
  Food)
• QNT 561 Week 2 Case Study MBA Schools in Asia
  Pacific (2 Papers)
• QNT 561 Week 3 Case Study SuperFun Toys (2
  Papers)

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QNT 561 Entire Course (Without Final Guide)

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• QNT 561 Week 1 Assignment Statistics Concepts and
  Descriptive Measures Instructions (Financial
  Data)
• QNT 561 Week 1 Assignment Statistics Concepts and
  Descriptive Measures Instructions (Consumer Food)
• QNT 561 Week 2 Case Study MBA Schools in Asia
  Pacific (2 Papers)
• QNT 561 Week 3 Case Study SuperFun Toys (2
  Papers)
• QNT 561 Week 3 Assignment Expansion Strategy and
  Establishing a Re-Order Point

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QNT 561 Final Exam Guide (New, 2017)

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• 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
• 2. If x is a binomial random variable
  with n10 and p0.8, the mean value of x is______
• 3. According to the central limit theorem,
  for samples of size 64 drawn from a population
  with µ 800 and s 56, the standard deviation of
  the sampling distribution of sample means would
  equal ______
• 4. Life tests performed on a sample of 13
  batteries of a new model indicated (1) an
  average life of75 months

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QNT 561 Final Exam Guide (Score 29/30 New, 2018)

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• 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
• 2. If x is a binomial random variable
  with n10 and p0.8, the mean value of x is______
• 3. According to the central limit theorem,
  for samples of size 64 drawn from a population
  with µ 800 and s 56, the standard deviation of
  the sampling distribution of sample means would
  equal ______
• 4. Life tests performed on a sample of 13
  batteries of a new model indicated (1) an
  average life of75 months, and (2) a standard
  deviation of 5 months. Other battery models,
  produced by similar processes, have normally
  distributed life spans. The 98 confidence
  interval for the population mean life of the new
  model is _________

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QNT 561 Week 1 Assignment Statistics Concepts
and Descriptive Measures Instructions (Consumer
Food)

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• 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.
• Choose

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QNT 561 Week 1 Assignment Statistics Concepts
and Descriptive Measures Instructions (Financial
Data)

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• 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.
• Choose
• Financial

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QNT 561 Week 1 DQ 1

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• 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 Week 1 DQ 2

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• 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 Week 1 Individual My Statslab Problem
Set

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• 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?
• 7. Explain the difference between a
  population and a process.

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QNT 561 Week 1 Lab Work (New)

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• 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.)
• Ex 6) A small business consultant is
  investigating the performance of several
  companies. The fourth-quarter sales for last year
  (in thousands of dollars) for the selected
  companies were
• The consultant wants to include a chart in his
  report comparing the sales of six companies.
  Identify a bar chart that compares the
  fourth-quarter sales of these corporations.
• Ex 12) the quick change oil company has a number
  of outlets in the metropolitan Seattle area. The
  daily number of oil changes at the Oak Street
  outlet in the past 20 days is

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QNT 561 Week 2 Case Study MBA Schools in Asia
Pacific (2 Papers)

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• Chapter 2
• 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).
• 2. Using Excel, find the mean, median,
  standard deviation, minimum, maximum, and the
  three quartiles for each of the quantitative
  variables identified in part 1 above. Neatly
  summarize in a table on this document. Comment on
  what you observe.

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QNT 561 Week 2 DQ 1

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• Chapter 2
• 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 Week 2 DQ 2

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• 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 Week 2 Individual My Statslab Problem
Set

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• 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.
• 4. The random sample shown below was
  selected from a normal distribution.

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QNT 561 Week 2 Lab Work (New)

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• 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?
• Ex 14) The chair of the board of directors says,
  There is a 50 chance this company will earn a
  profit

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QNT 561 Week 2 Team Assignment Business Research
Project Part 1 Business Problem and Research
Questions

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• Chapter 5
• 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.

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QNT 561 Week 2 Team Assignment Business Research
Project Part 1 Formulation of the Research
Problem

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• Chapter 5
• 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.
• Develop a research question from the two
  variables. Keep you research question simple,
  easy to understand and able to be quantified with
  research data.

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QNT 561 Week 3 Assignment Expansion Strategy and
Establishing a Re-Order Point

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• Chapter 5
• 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. The first case
  demonstrates application of statistics in finance
  and the second case demonstrates application of
  statistics in operations management.
• Assignment Steps

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QNT 561 Week 3 Case Study SuperFun Toys (2
Papers)

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• 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.
• Assignment Steps
• Develop a 1,050-word case study analysis
  including the following

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QNT 561 Week 3 DQ 1

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• 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 Week 3 DQ 2

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• 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 Week 3 Individual Mystatslab Problem Set

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• 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.
• 3. Suppose the mean GPA of all students
  graduating from a particular university in 1975
  was 2.40. The register plans to look at records
  of graduating last year to see if the mean GPA
  has decreased. Define notation and state the null
  and alternative hypothesis for this
  investigation.
• 4. A random sample of 100 observations from
  a population with standard deviation 58 yielded a
  sample mean of 111. Complete parts a through c.
• 5. A final scores of games of a certain
  sport were compared against the final point
  spreads established by oddsmakers. The difference
  between the game outcome and point spread (called
  a point-spread error) was calculated for 250
  games. The

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QNT 561 Week 3 Lab Work (New)

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• 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.
• Ex 8) A population consists of the following
  five values 1,1,6,7,9.
• a. List all samples of size 3, and compute
  the mean of each sample
• b. Compute the mean of the distribution of
  sample means and the population mean.

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QNT 561 Week 3 Team Assignment Business Research
Project Part 2 Research Plan (2 Papers)

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• 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.

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QNT 561 Week 4 Case the Payment Time

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• 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.
• Assignment 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 Week 4 Discussion Descriptive Statistics

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• 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

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QNT 561 Week 4 DQ 1

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• 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 Week 4 DQ 2

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• 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 Week 4 DQ 2

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• 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. The
  sampled employees completed a questionnaire on
  their ethical perceptions of downsizing. One item
  asked employees to respond to the statement, It
  is unethical for a downsizing decision to be
  implemented on or prior to a major holiday.
  Responses were measured using a 5-point Likert
  scale, where 1 strongly agree, 2 agree, 3
  neutral, 4 disagree, and 5 strongly disagree.
  Data on both the qualitative variable Group and
  the quantitaive variable Ethics response

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QNT 561 Week 4 Lab Work (New)

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• 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.
• EX. 10) Given the following hypotheses
• H0 µ 400
• H1 µ ? 400
• A random sample of 12 observations is selected
  from a normal population. The sample mean was 407
  and the sample S.D 6. Using the 0.1 significance
  level
• State the decision rule.
• Compute the value of the test statistic
• What is your decision regarding the null
  hypothesis?

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QNT 561 Week 4 Team Assignment Business Research
Project Part 3 Survey and Data Collection Plan (2
Sets)

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• 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 Week 5 DQ 1

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• 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 Week 5 DQ 2

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• 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 Week 5 Individual Mystatslab Problem Set

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• 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.
• 4. Explain what each of the following sample
  correlation coefficients tells you about the
  relationship between the x and y values in the
  sample.

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QNT 561 Week 5 Lab Work (New)

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• 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
• 2. Determine the coefficient of determination.
• c. Interpret the correlation coefficient. Does
  it surprise you that the correlation coefficient
  is negative?

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QNT 561 Week 5 Spicy Wings Case Study

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• 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.
• Assignment Steps

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QNT 561 Week 5 Team Assignment Business Research
Project Part 4 Data Analysis (2 Sets)

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• 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.

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QNT 561 Week 5 Team One-Sample Hypothesis
Testing (Election Results, SpeedX)

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• 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. In this assignment,
  students will learn how statistical analysis is
  used in predicting an election winner in the
  first case. In the second case, students will
  conduct a hypothesis test to decide whether or
  not a shipping plan will be profitable.
• Assignment Steps
• Resources Microsoft Excel, Case Study
  Scenarios, SpeedX Payment Times

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QNT 561 Education Begins/newtonhelp.com