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For more course tutorials visit www.newtonhelp.com 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) – PowerPoint PPT presentation

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Title: QNT 561 Motivated Minds /newtonhelp.com


1
QNT 561 Motivated Minds /newtonhelp.com
2
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Entire Course (With Final Guide)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • 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)

3
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Entire Course (Without Final Guide)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • 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)

4
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Final Exam Guide (Score 29/30 New, 2019)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  
  • 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  ______

5
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Final Exam Guide (Score 29/30 New, 2018)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  
  • 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

6
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 1 Assignment Statistics Concepts and
    Descriptive Measures Instructions (Consumer Food)
  • For more course tutorials visit
  • www.newtonhelp.com
  • 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

7
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 1 Assignment Statistics Concepts and
    Descriptive Measures Instructions (Financial
    Data)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • 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.

8
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 1 DQ 1
  • For more course tutorials visit
  • www.newtonhelp.com
  • 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.

9
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 1 DQ 2
  • For more course tutorials visit
  • www.newtonhelp.com
  • 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.

10
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 1 Individual My Statslab Problem Set
  • For more course tutorials visit
  • www.newtonhelp.com
  • 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?

11
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 1 Lab Work (New)
  • For more course tutorials visit
  • www.newtonhelp.com
  • 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.)

12
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 2 Case Study MBA Schools in Asia
    Pacific (2 Papers)
  • For more course tutorials visit
  • www.newtonhelp.com
  • 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).

13
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 2 DQ 1
  • For more course tutorials visit
  • www.newtonhelp.com
  • 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!

14
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 2 DQ 2
  • For more course tutorials visit
  • www.newtonhelp.com
  • 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!

15
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 2 Individual My Statslab Problem Set
  • For more course tutorials visit
  • www.newtonhelp.com
  • 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).

16
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 2 Lab Work (New)
  • For more course tutorials visit
  • www.newtonhelp.com
  • 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?

17
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 2 Team Assignment Business Research
    Project Part 1 Business Problem and Research
    Questions
  • For more course tutorials visit
  • www.newtonhelp.com
  • 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.

18
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 2 Team Assignment Business Research
    Project Part 1 Formulation of the Research
    Problem
  • For more course tutorials visit
  • www.newtonhelp.com
  • 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.

19
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 3 Assignment Expansion Strategy and
    Establishing a Re-Order Point
  • For more course tutorials visit
  • www.newtonhelp.com
  • 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.

20
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 3 Case Study SuperFun Toys (2
    Papers)
  • For more course tutorials visit
  • www.newtonhelp.com
  • 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.

21
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 3 DQ 1
  • For more course tutorials visit
  • www.newtonhelp.com
  • 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?

22
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 3 DQ 2
  • For more course tutorials visit
  • www.newtonhelp.com
  • 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.

23
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 3 Individual Mystatslab Problem Set
  • For more course tutorials visit
  • www.newtonhelp.com
  • 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.

24
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 3 Lab Work (New)
  • For more course tutorials visit
  • www.newtonhelp.com
  • 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.

25
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 3 Team Assignment Business Research
    Project Part 2 Research Plan (2 Papers)
  • For more course tutorials visit
  • www.newtonhelp.com
  • 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.

26
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 4 Case the Payment Time
  • For more course tutorials visit
  • www.newtonhelp.com
  • 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.

27
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 4 Discussion Descriptive Statistics
  • For more course tutorials visit
  • www.newtonhelp.com
  • 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

28
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 4 DQ 1
  • For more course tutorials visit
  • www.newtonhelp.com
  • does technological advancement affect the ability
    to collect data? Provide examples. Does this
    advancement increase the chance for errors?
    Explain.

29
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 4 DQ 2
  • For more course tutorials visit
  • www.newtonhelp.com
  • What is the importance of pretesting questions
    and instruments? What are risks of not doing
    this? Provide an example.

30
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 4 Individual Mystatslab Problem Set
  • For more course tutorials visit
  • www.newtonhelp.com
  • 1. Researchers conducted a survey of a
    representative sample of over 1,000 drivers.
    Based on how often each driver engaged in road
    behaviour, a road rage score was given. The
    drivers were also grouped by annual income. The
    data were subjected to an analysis of variance,
    with the results summarized in the table.

31
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 4 Lab Work (New)
  • For more course tutorials visit
  • www.newtonhelp.com
  • 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

32
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 4 Team Assignment Business Research
    Project Part 3 Survey and Data Collection Plan (2
    Sets)
  • For more course tutorials visit
  • www.newtonhelp.com
  • 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.

33
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 5 DQ 1
  • For more course tutorials visit
  • www.newtonhelp.com
  • What is the value of performing hypotheses tests
    to solve problems related to business and
    operations management? Provide specific examples.

34
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 5 DQ 2
  • For more course tutorials visit
  • www.newtonhelp.com
  • What are differences between dependent and
    independent samples? Provide examples. What are
    implications for determining the tests used to
    analyze data?

35
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 5 Individual Mystatslab Problem Set
  • For more course tutorials visit
  • www.newtonhelp.com
  • 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.

36
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 5 Lab Work (New)
  • For more course tutorials visit
  • www.newtonhelp.com
  • 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?

37
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 5 Spicy Wings Case Study
  • For more course tutorials visit
  • www.newtonhelp.com
  • 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.

38
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 5 Team Assignment Business Research
    Project Part 4 Data Analysis (2 Sets)
  • For more course tutorials visit
  • www.newtonhelp.com
  • 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.

39
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 5 Team One-Sample Hypothesis Testing
    (Election Results, SpeedX)
  • For more course tutorials visit
  • www.newtonhelp.com
  • 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.

40
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 6 Lab Work (New)
  • For more course tutorials visit
  • www.newtonhelp.com
  • Chapter 18
  • EX.2) Listed Below is the number of movie tickets
    sold at the Library Cinema-Complex, in thousands,
    for the period from 2001 to 2013. Compute a
    five-year weighted moving average using weights
    of 0.15, 0.15, 0.25, 0.16, and 0.29,
    respectively. Describe the trend in yield.
  • EX 10) Appliance Center sells a variety of
    electronic equipment and home appliance. For the
    last 4 years, 2010 through 2013, the following
    quarterly sales (in millions) were reported.

41
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 6 Signature Assignment (Consumer
    Food)
  • For more course tutorials visit
  • www.newtonhelp.com
  • Individual Paper Signature Assignment
  • About Your Signature Assignment
  • This signature assignment is designed to align
    with specific program student learning outcome(s)
    in your program. Program Student Learning
    Outcomes are broad
  • statements that describe what students should
    know and be able to do upon completion of their
    degree. The signature assignments might be graded
    with an automated

42
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 6 Signature Assignment (Hospital)
  • For more course tutorials visit
  • www.newtonhelp.com
  • Individual Paper Signature Assignment
  • About Your Signature Assignment
  • This signature assignment is designed to align
    with specific program student learning outcome(s)
    in your program. Program Student Learning
    Outcomes are broad
  • statements that describe what students should
    know and be able to do upon completion of their
    degree. The signature assignments might be graded
    with an automated

43
QNT 561 Motivated Minds /newtonhelp.com
  • QNT 561 Week 6 Team Assignment Business Research
    Project Part 5 Research Report and Presentation
    (2 Sets)
  • For more course tutorials visit
  • www.newtonhelp.com
  • This Tutorial contains 2 Sets of Report and
    Presentation
  • Complete the cumulative Business Research Report
    in approx. 1,500 words by collaborating with your
    team to include the following
  • Revised tables or figures based on prior
    instructor feedback
  • The description or interpretation for the tables
    or figures
  • Summary of Learning Team results
  • Answers to the research questions
  • Research challenges

44
QNT 561 Motivated Minds /newtonhelp.com
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