QNT 351 Help Bcome Exceptional/ qnt351mentor.com

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QNT 351 Help Bcome Exceptional / qnt351mentor.com
Education must, be not only a transmission of
culture but also a provider of alternative views
of the world and a strengthener of the will to
explore them
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QNT 351 Final Exam Guide (New)
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 When a
class interval is expressed as 100 up to 200,
_________________________.
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QNT 351 Final Exam Guide
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) What type of
variable is the number of robberies reported in
your city? 5) What level of measurement is the
number of auto accidents reported in a given
month?
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QNT 351 Week 1 Connect Problems
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. What level of measurement
is age?
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QNT 351 Week 1 DQ 1
Week 1 DQ1 Where would you see descriptive
statistics used in your work place?
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QNT 351 Week 1 DQ 2
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
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
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QNT 351 Week 1 DQ 4
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.
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QNT 351 Week 1 DQ 5
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
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)
This tutorial contains 2 different Sets of
papers 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.
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QNT 351 Week 2 Connect Problems
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. A sample of 28 returns is selected
from young couples between the ages of 20 and 35
who had an adjusted gross income of more than
100,000. Of these 28 returns, 5 had charitable
contributions of more than 1,000. Suppose 4 of
these returns are selected for a comprehensive
audit.
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QNT 351 Week 2 DQ 1
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
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
Week 2 DQ3 What level of data is a telephone
number? Explain.
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QNT 351 Week 2 DQ 4
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 DQ 5
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?
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QNT 351 Week 2 Learning Team Assignment Data
Collection (2 Sets)
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 Prepare a 700- to 1,050-word written
report along with a 5- to 7-slide Microsoft
PowerPoint presentation for the senior
management team or stakeholders of your RES/351
research project to present your findings.
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QNT 351 Week 3 Connect Problems
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? b. What
is the decision rule? (Round your answer to 3
decimal places.) c. What is the value of
the test statistic? (Round your answer to 2
decimal places.) d. What is your decision
regarding H0? e. What is the p-value?
(Round your answer to 4 decimal places.)
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QNT 351 Week 3 DQ 1
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
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
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
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
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.
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QNT 351 Help Bcome Exceptional / qnt351mentor.com
QNT 351 Week 3 Team Assignment Summarizing and
Presenting Data (2 Sets)
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. Descriptive statistics
should be in the forms of frequency distribution
table, measures of mean, median, mode, standard
deviation, and graphical display of
data. Summarize the statistics in relation to the
problem selected and research questions and draw
conclusions.
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QNT 351 Week 4 DQ 1
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 DQ 2
Week 4 DQ2 Why does the significance level differ
among industries? Will the null hypothesis be
more likely to be rejected at a 0.01 than a
0.10? As the significance level increases to a
0.10 from a 0.01, which type error is more
likely to occur? What can be done to reduce the
likelihood of incurring this error?
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QNT 351 Week 4 DQ 3
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?
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QNT 351 Week 4 DQ 4
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?
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QNT 351 Help Bcome Exceptional / qnt351mentor.com
QNT 351 Week 4 Individual Assignment Real Estate
Data
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. Answer question 54 (both
parts a. and b.) in the Data Set Exercises from
Ch. 7 of Basic Statistics for Business and
Economics.
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QNT 351 Week 4 Learning Team Reflection (2 Sets)
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 Comparing the means
of two or more groups Calculating the correlation
between two variables Include the topics you feel
comfortable with, any topics you struggled with,
and how the weekly topics relate to application
in your field. Prepare a 350- to 1,050-word paper
detailing the findings of your discussion.
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QNT 351 Help Bcome Exceptional / qnt351mentor.com
QNT 351 Week 5 Individual Assignment Real Estate
Data
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. Answer question 62 in the Data Set
Exercises from Ch. 13 of Basic Statistics for
Business and Economics.
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QNT 351 Week 5 Learning Team Assignment Analyzing
and Interpreting Data Paper and Presentation
If using RES/351 data Ask your instructor for
specific information regarding the analysis you
are required to perform for your data
set. Combine your Week Two Learning Team
assignment and Week Three findings with Week Five
findings and make a recommendation to the
research problem. Use the statistical tables
given in the appendices of the textbook and a
statistical analysis application a Microsoft
Excel spreadsheet, Minitab statistical
software, or SPSS software. Prepare a 1,050- to
1,750-word written report along with a 7- to
9-slide Microsoft PowerPoint presentation for
the senior management team to present your
findings.
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QNT 351 Help Bcome Exceptional / qnt351mentor.com
Education must, be not only a transmission of
culture but also a provider of alternative views
of the world and a strengthener of the will to
explore them
For more Courses
Visit Now
www.qnt351mentor.com