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Q1 The Director of Golf for a local course wants to study the number of rounds played by members on weekdays. He gathered the sample information shown below for 520 rounds. At the .05 significance level, is there a difference in the number of rounds played by day of the week? 2An auditor for American Health Insurance reports that 20% of policyholders submit a claim during the year. 15 policyholders are selected randomly. What is the probability that at least 3 of them submitted a claim the previous year? – PowerPoint PPT presentation

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Title: qnt 351 genius Become Exceptional/qnt351geniusdotcom


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qnt 351 genius Become Exceptional/qnt351geniusdotc
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QNT 351 Final Exam Guide (New)     FOR MORE
CLASSES VISIT www.qnt351genius.com   Q1 The
Director of Golf for a local course wants to
study the number of rounds played by members on
weekdays. He gathered the sample information
shown below for 520 rounds. At the .05
significance level, is there a difference in the
number of rounds played by day of the week? 2An
auditor for American Health Insurance reports
that 20 of policyholders submit a claim during
the year. 15 policyholders are selected randomly.
What is the probability that at least 3 of them
submitted a claim the previous year?
3
QNT 351 Final Exam Guide   FOR MORE CLASSES
VISIT www.qnt351genius.com   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?
4
QNT 351 Week 1 Connect Problems   FOR MORE
CLASSES VISIT www.qnt351genius.com   QNT 351 Week
1 Connect Problem 1. Which of the following is an
example of a continuous variable? 2. The incomes
of 50 loan applicants are obtained. Which level
of measurement is income? 3. The members of each
basketball team wear numbers on their jerseys.
What scale of measurement are these numbers
considered? 4. The reported unemployment is 5.5
of the population. What measurement scale is used
to measure unemployment? 5. The Nielsen Ratings
break down the number of people watching a
particular television show by age.
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QNT 351 Week 1 DQ 1   FOR MORE CLASSES
VISIT www.qnt351genius.com   Week 1 DQ1 Where
would you see descriptive statistics used in your
work place?
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QNT 351 Week 1 DQ 2   FOR MORE CLASSES
VISIT www.qnt351genius.com   Week 1 DQ2 How would
you define dependent and independent variables?
What is their significance in research? Explain
with examples.
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QNT 351 Week 1 DQ 3   FOR MORE CLASSES
VISIT www.qnt351genius.com   Week 1
DQ3 Develop five demographic questions to measure
gender, age, years of experience, level of
education, and ethnicity. Identify the level of
measurement.
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QNT 351 Week 1 DQ 4   FOR MORE CLASSES
VISIT www.qnt351genius.com   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.
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QNT 351 Week 1 DQ 5   FOR MORE CLASSES
VISIT www.qnt351genius.com   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.
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QNT 351 Week 1 DQ 6   FOR MORE CLASSES
VISIT www.qnt351genius.com   Week 1 DQ6 What are
the four data measurement scales? Provide two
examples and explain the importance of each in
business research.
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QNT 351 Week 1 Individual Assignment Statistics
in Business (2 Sets)   FOR MORE CLASSES
VISIT www.qnt351genius.com   Define statistics. Id
entify 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 .
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QNT 351 Week 1 Introduction to Statistical
Thinking Worksheet   FOR MORE CLASSES
VISIT www.qnt351genius.com   Complete the
Introduction to Statistical Thinking Worksheet.
Format your assignment consistent with APA
guidelines. Click the Assignment Files tab to
submit your assignment. 1. There are 23 people at
a party. Explain what the probability is that any
two of them share the same birthday . 2. A cold
and flu study is looking at how two different
medications work on sore throats and fever.
Results are as follows Sore throat -
Medication A Success rate - 90 (101 out of 112
trials were successful)
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QNT 351 Week 2 Connect Problems   FOR MORE
CLASSES VISIT www.qnt351genius.com   QNT 351 Week
2 Connect Problem 1. The director of admissions
at Kinzua University in Nova Scotia estimated the
distribution of student admissions for the fall
semester on the basis of past experience. a. What
is the expected number of admissions for the fall
semester? b. Compute the variance and the
standard deviation of the number of admissions.
2. The Internal Revenue Service is studying the
category of charitable contributions.
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QNT 351 Week 2 DQ 1   FOR MORE CLASSES
VISIT www.qnt351genius.com   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?
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QNT 351 Week 2 DQ 2   FOR MORE CLASSES
VISIT www.qnt351genius.com   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. 
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QNT 351 Week 2 DQ 3   FOR MORE CLASSES
VISIT www.qnt351genius.com   Week 2 DQ3 What
level of data is a telephone number? Explain.
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QNT 351 Week 2 DQ 4   FOR MORE CLASSES
VISIT www.qnt351genius.com   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?
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QNT 351 Week 2 Learning Team Assignment Data
Collection (2 Sets)   FOR MORE CLASSES
VISIT www.qnt351genius.com   This tutorial
contains 2 different Sets of papers   Discuss with
your team whether you have data from RES/351,
and if your team would like to use one team
members data for the Learning Team assignments
in this course.   If using data from
RES/351   Resources Data collected from RES/351.
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QNT 351 Week 2 Probability Worksheet   FOR MORE
CLASSES VISIT www.qnt351genius.com   Complete the
Probability Worksheet. Format your paper
consistent with APA guidelines. Click the
Assignment Files tab to submit your assignment.
Maximum and Minimum Temperatures Search the
Internet for U.S. climate data. Choose the city
in which you live. Click on the tab that reads
Daily. 1. Prepare a spreadsheet with three
columns Date, High Temperature, and Low
Temperature.
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QNT 351 Week 2 Team Assignment Descriptive
Statistics Real Estate Data Part 1 (New)   FOR
MORE CLASSES VISIT www.qnt351genius.com   Search
the Internet for a realty site. Select a hometown
of someone on your team in the search section on
the website you have chosen. When all of the
listings populate, make sure that the sort
criteria reads "New Listings." This ensures that
you are searching a random cross-section of
listings rather than favoring one price range.
Review the new listings that populate.
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QNT 351 Week 3 Connect Problems   FOR MORE
CLASSES VISIT www.qnt351genius.com   Award 10
out of 10.00 points A sample of 43 observations
is selected from a normal population. The sample
mean is 30, and the population standard deviation
is 3. Conduct the following test of hypothesis
using the 0.05 significance level. a. Is this a
one- or two-tailed test?
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QNT 351 Week 3 DQ 1   FOR MORE CLASSES
VISIT www.qnt351genius.com   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.
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QNT 351 Week 3 DQ 2   FOR MORE CLASSES
VISIT www.qnt351genius.com   Week 3 DQ2 What is
the role of probability concepts in business
decision-making? Provide specific examples.
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QNT 351 Week 3 DQ 3   FOR MORE CLASSES
VISIT www.qnt351genius.com   Week 3 DQ3 What are
the basic differences between a discrete and a
continuous distribution?
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QNT 351 Week 3 DQ 4   FOR MORE CLASSES
VISIT www.qnt351genius.com     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.
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QNT 351 Week 3 Individual Assignment Real Estate
Data   FOR MORE CLASSES VISIT www.qnt351genius.co
m   Resources Appendix A1 at the end of Basic
Statistics for Business and Economics Answer quest
ion 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.
27
QNT 351 Week 3 Team Assignment Sampling
Distributions Real Estate Part 2 (New)   FOR MORE
CLASSES VISIT www.qnt351genius.com   Use the real
estate data that you used for your learning team
project that was due in Week 2. Complete the
Sampling Distributions - Real Estate Part 2
worksheet. Format your assignment consistent with
APA guidelines. Click the Assignment Files tab to
submit your assignment. 1. Review the data and
for the purpose of this project please consider
the 100 listing prices as a population.
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QNT 351 Week 3 Team Assignment Summarizing and
Presenting Data (2 Sets)   FOR MORE CLASSES
VISIT www.qnt351genius.com   This tutorial
contains 2 different Sets of papers   If using
RES/351 data   Revise the report submitted in
Week Two based on the feedback provided by the
instructor in the team assignment, and insight
gained by reading.   Summarize the data collected
using descriptive statistics.
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QNT 351 Week 4 Connect Problems FOR MORE CLASSES
VISIT www.qnt351genius.com   QNT 351 Week 4
Connect Problem 1) The Production department of
Celitronics International wants to explore the
relationship between the number of employees who
assemble a subassembly and the number produced.
As an experiment, 2 employees were assigned to
assemble the subassemblies. They produced 13
during a one-hour period, then 4 employees
assembled them. They produced 22 during a one
hour period. The complete set of paired
observation follows a) The dependent variable is
production
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QNT 351 Week 4 DQ 1   FOR MORE CLASSES
VISIT www.qnt351genius.com   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?
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QNT 351 Week 4 Individual Assignment Real Estate
Data   FOR MORE CLASSES VISIT www.qnt351genius.c
om   Resources Appendix A1 at the end of Basic
Statistics for Business and Economics Answer quest
ion 60 (both parts a. and b.) in the Data Set
Exercises from Ch. 6 of Basic Statistics for
Business and Economics. Answer question 54 (both
parts a. and b.) in the Data Set Exercises.
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QNT 351 Week 4 Learning Team Reflection (2 Sets)
  FOR MORE CLASSES VISIT www.qnt351genius.com  
  QNT 351 Week 4 Learning Team Reflection   This
tutorial contains 2 different sets   Discuss the
following with your Learning Team The steps in
testing a research hypothesis.
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QNT 351 Week 4 Two Population Means
Worksheet   FOR MORE CLASSES VISIT www.qnt351geniu
s.com   A tomato farmer with a very large farm of
approximately 2200 acres had heard about a new
type of rather expensive fertilizer which would
supposedly significantly increase his production.
The frugal farmer wanted to test the new
fertilizer before committing the large investment
required to fertilize a farm of his size.
34
QNT 351 Week 5 Team Assignment Real Estate
Regression Exercise (New) FOR MORE CLASSES
VISIT www.qnt351genius.com   Complete the Real
Estate Regression Exercise. Format your paper
consistent with APA guidelines. Click the
Assignment Files tab to submit your assignment.
You are consulting for a large real estate firm.
You have been asked to construct a model that can
predict listing prices based on square footages
for homes in the city youve been researching.
You have data on square footages and listing
prices for 100 homes.
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