QNT 351 Course Success Begins / snaptutorial.com

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QNT 351 Course Success Begins / snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
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QNT 351 Course Success Begins / snaptutorial.com
QNT 351 Final Exam Guide (New) For more classes
visit www.snaptutorial.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
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QNT 351 Course Success Begins / snaptutorial.com
QNT 351 Final Exam Guide For more classes
visit www.snaptutorial.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) What type of variable is the
number of robberies reported in your city?
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QNT 351 Course Success Begins / snaptutorial.com
QNT 351 Week 1 Connect Problems For more classes
visit www.snaptutorial.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?
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QNT 351 Course Success Begins / snaptutorial.com
QNT 351 Week 1 DQ 1 For more classes
visit www.snaptutorial.com Week 1 DQ1   Where
would you see descriptive statistics used in your
work place?
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QNT 351 Course Success Begins / snaptutorial.com
QNT 351 Week 1 DQ 2 For more classes
visit www.snaptutorial.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 Course Success Begins / snaptutorial.com
QNT 351 Week 1 DQ 3 For more classes
visit www.snaptutorial.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 used
for each
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QNT 351 Course Success Begins / snaptutorial.com
QNT 351 Week 1 DQ 4 For more classes
visit www.snaptutorial.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. Provide
examples.
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QNT 351 Course Success Begins / snaptutorial.com
QNT 351 Week 1 DQ 5 For more classes
visit www.snaptutorial.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 Course Success Begins / snaptutorial.com
QNT 351 Week 1 DQ 6 For more classes
visit www.snaptutorial.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 Course Success Begins / snaptutorial.com
QNT 351 Week 1 Individual Assignment Statistics
in Business (2 Sets) For more classes
visit www.snaptutorial.com  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 Course Success Begins / snaptutorial.com
QNT 351 Week 2 Connect Problems For more classes
visit www.snaptutorial.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.
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QNT 351 Course Success Begins / snaptutorial.com
QNT 351 Week 2 DQ 1 For more classes
visit www.snaptutorial.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 Course Success Begins / snaptutorial.com
QNT 351 Week 2 DQ 2 For more classes
visit www.snaptutorial.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 Course Success Begins / snaptutorial.com
QNT 351 Week 2 DQ 3 For more classes
visit www.snaptutorial.com Week 2 DQ3   What
level of data is a telephone number? Explain.
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QNT 351 Course Success Begins / snaptutorial.com
QNT 351 Week 2 DQ 4 For more classes
visit www.snaptutorial.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 Course Success Begins / snaptutorial.com
QNT 351 Week 2 DQ 5 For more classes
visit www.snaptutorial.com 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 Course Success Begins / snaptutorial.com
QNT 351 Week 2 Individual Assignment My
StatsLab For more classes visit www.snaptutorial.c
om QNT 351 Week 2 Individual Assignment My
StatsLab 10 Problems   Week 2 Problems  1.Choose
the correct answer bellow  A. It is an estimate
or prediction or some other generalization about
a population based on information contained in a
sample  B. It is a characteristic or property of
an individual experimental unit  C. It is the
process used to assign numbers to variables of
individual population units
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QNT 351 Course Success Begins / snaptutorial.com
QNT 351 Week 2 Learning Team Assignment Data
Collection (2 Sets) For more classes
visit www.snaptutorial.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 Course Success Begins / snaptutorial.com
QNT 351 Week 3 Connect Problems For more classes
visit www.snaptutorial.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? b.
What is the decision rule? (Round your answer to
3 decimal places.)
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QNT 351 Course Success Begins / snaptutorial.com
QNT 351 Week 3 DQ 1 For more classes
visit www.snaptutorial.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 Course Success Begins / snaptutorial.com
QNT 351 Week 3 DQ 2 For more classes
visit www.snaptutorial.com Week 3 DQ2   What is
the role of probability concepts in business
decision-making? Provide specific examples.
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QNT 351 Course Success Begins / snaptutorial.com
QNT 351 Week 3 DQ 3 For more classes
visit www.snaptutorial.com Week 3 DQ3   What are
the basic differences between a discrete and a
continuous distribution?
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QNT 351 Course Success Begins / snaptutorial.com
QNT 351 Week 3 DQ 4 For more classes
visit www.snaptutorial.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 Course Success Begins / snaptutorial.com
QNT 351 Week 3 Individual Assignment My StatsLab
14-Problems (2 Sets) For more classes
visit www.snaptutorial.com QNT 351 Week 3
Individual Assignment My StatsLab 14-Problems  
This tutorial contains 2 Sets of stats lab
problems also  This tutorial contains excel file
which can be used to solve your lab problems even
if the values doesnt match   Week 3 Problems  1.
An industrial group reports that there were
approximately 122,000 industrial robots operating
in a region last year.
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QNT 351 Course Success Begins / snaptutorial.com
QNT 351 Week 3 Individual Assignment Real Estate
Data For more classes visit www.snaptutorial.com R
esources 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
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QNT 351 Course Success Begins / snaptutorial.com
QNT 351 Week 3 Team Assignment Summarizing and
Presenting Data (2 Sets) For more classes
visit www.snaptutorial.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.
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QNT 351 Course Success Begins / snaptutorial.com
QNT 351 Week 4 DQ 1 For more classes
visit www.snaptutorial.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 Course Success Begins / snaptutorial.com
QNT 351 Week 4 DQ 2 For more classes
visit www.snaptutorial.com 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 Course Success Begins / snaptutorial.com
QNT 351 Week 4 DQ 3 For more classes
visit www.snaptutorial.com 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 Course Success Begins / snaptutorial.com
QNT 351 Week 4 DQ 4 For more classes
visit www.snaptutorial.com 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 Course Success Begins / snaptutorial.com
QNT 351 Week 4 Individual Assignment MyStatsLab
14-Problems (2 Sets) For more classes
visit www.snaptutorial.com  QNT 351 Week 4
Individual Assignment MyStatsLab
14-Problems  This tutorial contains 2 Sets of
stats lab problems also  This tutorial contains
excel file which can be used to solve your lab
problems even if the values doesnt match  
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QNT 351 Course Success Begins / snaptutorial.com
QNT 351 Week 4 Individual Assignment Real Estate
Data For more classes visit www.snaptutorial.com R
esources 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 Course Success Begins / snaptutorial.com
QNT 351 Week 4 Learning Team Reflection (2
Sets) For more classes visit www.snaptutorial.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 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.
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QNT 351 Course Success Begins / snaptutorial.com
QNT 351 Week 5 Indivdiual Assignment MyStatsLab
Problems For more classes visit www.snaptutorial.c
om QNT 351 Week 5 Individual Assignment
MyStatsLab Problems
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QNT 351 Course Success Begins / snaptutorial.com
QNT 351 Week 5 Individual Assignment Real Estate
Data For more classes visit www.snaptutorial.com R
esources 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.
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QNT 351 Course Success Begins / snaptutorial.com
QNT 351 Week 5 Learning Team Assignment Analyzing
and Interpreting Data Paper and Presentation For
more classes visit www.snaptutorial.com 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.
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QNT 351 Course Success Begins / snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com