Title: QNT 561 NERD Real Education / qnt561nerd.com
1QNT 561 NERD Real Education / qnt561nerd.com
2QNT 561 NERD Real Education
QNT 561 Final Exam Guide (New) FOR MORE CLASSES
VISIT www.qnt561nerd.com  1. The mean gas
mileage for a hybrid car is 56 miles per gallon.
Suppose that the gasoline mileage is
approximately normally distributed with a
standard deviation of 3.2 miles per gallon. 2.
What conditions must n satisfy to make the x2
test valid? 3. To use the t-statistic to
test for a difference between the means of two
populations, what assumptions must be made about
the two populations
3QNT 561 NERD Real Education
QNT 561 Final Guide (Latest) FOR MORE CLASSES
VISIT www.qnt561nerd.com 1. A random sample of
size 15 is selected from a normal population. The
population standard deviation is unknown. Assume
the null hypothesis indicates a two-tailed test
and the researcher decided to use the 0.10
significance level. For what values of t will the
null hypothesis not be rejected? 2. Which of the
following is a characteristic of the F
distribution?
4QNT 561 NERD Real Education
QNT 561 Week 1 DQ 1 FOR MORE CLASSES
VISIT www.qnt561nerd.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.
5QNT 561 NERD Real Education
QNT 561 Week 1 DQ 2 FOR MORE CLASSES
VISIT www.qnt561nerd.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.
6QNT 561 NERD Real Education
QNT 561 Week 1 Individual My Statslab Problem
Set FOR MORE CLASSES VISIT www.qnt561nerd.com Â
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.
7QNT 561 NERD Real Education
QNT 561 Week 1 Lab Work (New) FOR MORE CLASSES
VISIT www.qnt561nerd.com 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.)
8QNT 561 NERD Real Education
QNT 561 Week 2 DQ 1 FOR MORE CLASSES
VISIT www.qnt561nerd.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!
9QNT 561 NERD Real Education
QNT 561 Week 2 DQ 2 FOR MORE CLASSES
VISIT www.qnt561nerd.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!
10QNT 561 NERD Real Education
QNT 561 Week 2 Individual My Statslab Problem
Set FOR MORE CLASSES VISIT www.qnt561nerd.com Â
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
11QNT 561 NERD Real Education
QNT 561 Week 2 Lab Work (New) FOR MORE CLASSES
VISIT www.qnt561nerd.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.
12QNT 561 NERD Real Education
QNT 561 Week 2 Team Assignment Business Research
Project Part 1 Business Problem and Research
Questions FOR MORE CLASSES VISIT www.qnt561nerd.
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.
13QNT 561 NERD Real Education
QNT 561 Week 2 Team Assignment Business Research
Project Part 1 Formulation of the Research
Problem FOR MORE CLASSES VISIT www.qnt561nerd.co
m  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.
14QNT 561 NERD Real Education
QNT 561 Week 3 DQ 1 FOR MORE CLASSES
VISIT www.qnt561nerd.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?
15QNT 561 NERD Real Education
QNT 561 Week 3 DQ 2 FOR MORE CLASSES
VISIT www.qnt561nerd.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.
16QNT 561 NERD Real Education
QNT 561 Week 3 Individual Mystatslab Problem Set
FOR MORE CLASSES VISIT www.qnt561nerd.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
17QNT 561 NERD Real Education
QNT 561 Week 3 Lab Work (New) FOR MORE CLASSES
VISIT www.qnt561nerd.com 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.
18QNT 561 NERD Real Education
QNT 561 Week 3 Team Assignment Business Research
Project Part 2 Research Plan (2 Papers) FOR
MORE CLASSES VISIT www.qnt561nerd.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.
19QNT 561 NERD Real Education
QNT 561 Week 4 Discussion Descriptive Statistics
FOR MORE CLASSES VISIT www.qnt561nerd.com  Creat
e 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
20QNT 561 NERD Real Education
QNT 561 Week 4 DQ 1 FOR MORE CLASSES
VISIT www.qnt561nerd.com  does technological
advancement affect the ability to collect data?
Provide examples. Does this advancement increase
the chance for errors? Explain.
21QNT 561 NERD Real Education
QNT 561 Week 4 DQ 2 FOR MORE CLASSES
VISIT www.qnt561nerd.com  What is the importance
of pretesting questions and instruments? What are
risks of not doing this? Provide an example.
22QNT 561 NERD Real Education
QNT 561 Week 4 Individual Mystatslab Problem Set
FOR MORE CLASSES VISIT www.qnt561nerd.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. 2.
Researchers surveyed a random sample of 25
23QNT 561 NERD Real Education
QNT 561 Week 4 Lab Work (New) FOR MORE CLASSES
VISIT www.qnt561nerd.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.
24QNT 561 NERD Real Education
QNT 561 Week 4 Team Assignment Business Research
Project Part 3 Survey and Data Collection Plan (2
Sets) FOR MORE CLASSES VISIT www.qnt561nerd.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.
25QNT 561 NERD Real Education
QNT 561 Week 5 DQ 1 FOR MORE CLASSES
VISIT www.qnt561nerd.com  What is the value of
performing hypotheses tests to solve problems
related to business and operations management?
Provide specific examples.
26QNT 561 NERD Real Education
QNT 561 Week 5 DQ 2 FOR MORE CLASSES
VISIT www.qnt561nerd.com  What are differences
between dependent and independent samples?
Provide examples. What are implications for
determining the tests used to analyze data?
27QNT 561 NERD Real Education
QNT 561 Week 5 Individual Mystatslab Problem Set
FOR MORE CLASSES VISIT www.qnt561nerd.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
28QNT 561 NERD Real Education
QNT 561 Week 5 Lab Work (New) FOR MORE CLASSES
VISIT www.qnt561nerd.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?
29QNT 561 NERD Real Education
QNT 561 Week 5 Team Assignment Business Research
Project Part 4 Data Analysis (2 Sets) FOR MORE
CLASSES VISIT www.qnt561nerd.com  This Tutorial
contains 2 different sets Administer the
survey. Â In a paper in the APA format describe
the following  Determine the sample process
including sample contact, survey distribution,
and survey collection. Â
30QNT 561 NERD Real Education
QNT 561 Week 6 Team Assignment Business Research
Project Part 5 Research Report and Presentation
(2 Sets) FOR MORE CLASSES VISIT www.qnt561nerd.c
om  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
31 QNT 561 NERD Real Education