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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. 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 Education for Service--snaptutorial.com


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QNT 351 Education for Service--snaptutorial.com
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QNT 351 Education for Service--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?     
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QNT 351 Education for Service--snaptutorial.com
QNT 351 Final Exam Guide (New, 2018) Score
30/30   For more classes visit www.snaptutorial.co
m   QNT 351 Final Exam Guide (New, 2017)  Score
30/3     The mean amount spent by a family of
four on food is 500 per month with a standard
deviation of 75. Assuming that the food costs
are normally distributed, what is the probability
that a family spends less than 410 per month?
0.1151 0.0362 0.8750 0.2158     
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QNT 351 Education for Service--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?     
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QNT 351 Education for Service--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 Education for Service--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 Education for Service--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 Education for Service--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 Education for Service--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 Education for Service--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 Education for Service--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 Education for Service--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 statist
ics. 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 Education for Service--snaptutorial.com
QNT 351 Week 1 Introduction to Statistical
Thinking Worksheet   For more classes
visit www.snaptutorial.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.      
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QNT 351 Education for Service--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?     
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QNT 351 Education for Service--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 Education for Service--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 Education for Service--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 Education for Service--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 Education for Service--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 Education for Service--snaptutorial.com
QNT 351 Week 2 Excel Problem Graphical
Technique   For more classes visit www.snaptutoria
l.com   Question 1   Plot a 100 stacked column
chart for television sales by year.   U.S.
Television Sales, 2002 - 2005 ( thousands)
Projection TV LCD TV Plasma TV 2002 3,574 246
515 2003 4,351 664 1,590 2004 6,271 1,579
2,347 2005 5,320 3,295 4,012       
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QNT 351 Education for Service--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 Education for Service--snaptutorial.com
QNT 351 Week 2 Probability Worksheet   For more
classes visit www.snaptutorial.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.      
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QNT 351 Education for Service--snaptutorial.com
QNT 351 Week 2 Team Assignment Descriptive
Statistics Real Estate Data Part 1 (New)   For
more classes visit www.snaptutorial.com   Search t
he 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 Education for Service--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?     
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QNT 351 Education for Service--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 Education for Service--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 Education for Service--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 Education for Service--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 Education for Service--snaptutorial.com
QNT 351 Week 3 Excel Problems Measuring
Salespeople Performance   For more classes
visit www.snaptutorial.com   Week A B C D 1 1774
2205 1330 1402 2 1808 1507 1295 1665 3 1890 2352
1502 1530 4 1932 1939 1104 1826 5 1855 2052 1189
1703 6 1726 1630 1441 1498       
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QNT 351 Education for Service--snaptutorial.com
QNT 351 Week 3 Individual Assignment Real Estate
Data   For more classes visit www.snaptutorial.com
  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.     
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QNT 351 Education for Service--snaptutorial.com
QNT 351 Week 3 Team Assignment Sampling
Distributions Real Estate Part 2 (New)   For more
classes visit www.snaptutorial.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. 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 Education for Service--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.   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.     
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QNT 351 Education for Service--snaptutorial.com
QNT 351 Week 4 Connect Problems   For more
classes visit www.snaptutorial.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     
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QNT 351 Education for Service--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 Education for Service--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 Education for Service--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 Education for Service--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 Education for Service--snaptutorial.com
QNT 351 Week 4 Excel Problems Measures of
Relative Standing and ProbabilityDistribution   Fo
r more classes visit www.snaptutorial.com   Proble
m 1 Figure below gives the boxplots comparing the
base yearly salaries of employeesin marketing and
employees in research for a large company.
Identify the five number summaries. for each
profession. Interpret them like we did in the
class.   Problem 2 An insurance company
determines that in every 100 claims, 4 are
fraudulent. What is the probability that the next
claim the company processes will be fraudulent?
    
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QNT 351 Education for Service--snaptutorial.com
QNT 351 Week 4 Individual Assignment Real Estate
Data   For more classes visit www.snaptutorial.com
  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 from
Ch. 7 of Basic Statistics for Business and
Economics.     
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QNT 351 Education for Service--snaptutorial.com
QNT 351 Week 4 Learning Team Reflection (2
Sets)   For more classes visit www.snaptutorial.co
m   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     
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QNT 351 Education for Service--snaptutorial.com
QNT 351 Week 4 Two Population Means
Worksheet   For more classes visit www.snaptutoria
l.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. He
therefore selected 15 parcels of land on his
property and divided them each into two
portions.  He bought just enough of the new
fertilizer to spread over one half of each parcel
and then spread the old fertilizer over the other
half of each parcel. His yields in pounds per
tomato plant were as follows     
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QNT 351 Education for Service--snaptutorial.com
QNT 351 Week 5 Individual Assignment Real Estate
Data   For more classes visit www.snaptutorial.com
  Resources Appendix A1 at the end of Basic
Statistics for Business and Economics Answer quest
ion 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 Education for Service--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 Education for Service--snaptutorial.com
QNT 351 Week 5 Team Assignment Real Estate
Regression Exercise (New)   For more classes
visit www.snaptutorial.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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QNT 351 Education for Service--snaptutorial.com
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