Title: QNT 351 Seek Your Dream /newtonhelp.com
1QNT 351 Seek Your Dream/newtonhelp.com
2QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Final Exam Guide (New)
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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?
3QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Final Exam Guide (New, 2018) Score 30/30
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- QNT 351 Final Exam Guide (New, 2018) Score 30/3
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- 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
4QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Final Exam Guide
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- 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?
5QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 1 Connect Problems
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- 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?
6QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 1 DQ 1
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- Week 1 DQ1
- Where would you see descriptive statistics used
in your work place?
7QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 1 DQ 2
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- Week 1 DQ2
- How would you define dependent and independent
variables? What is their significance in
research? Explain with examples. - Related Tutorials
8QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 1 DQ 3
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- 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
9QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 1 DQ 4
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- 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.
10QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 1 DQ 5
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- 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.
11QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 1 DQ 6
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- Week 1 DQ6
- What are the four data measurement scales?
Provide two examples and explain the importance
of each in business research.
12QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 1 Individual Assignment Statistics
in Business (2 Sets) -
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- 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.
13QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 1 Introduction to Statistical
Thinking Worksheet -
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- Complete the Introduction to Statistical Thinking
Worksheet. - Format your assignment consistent with APA
guidelines. - Click the Assignment Files tab to submit your
assignment. - There are 23 people at a party. Explain what the
probability is that any two of them share the
same birthday. - A cold and flu study is looking at how two
different medications work on sore throats and
fever. Results are as follows
14QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 2 Connect Problems
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- 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.
15QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 2 DQ 1
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- 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?
16QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 2 DQ 2
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- 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.
17QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 2 DQ 3
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- Week 2 DQ3
- What level of data is a telephone number? Explain.
18QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 2 DQ 4
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- 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?
19QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 2 DQ 5
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- 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?
20QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 2 Excel Problem Graphical Technique
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- 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
21QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 2 Learning Team Assignment Data
Collection (2 Sets) -
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- 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.
22QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 2 Probability Worksheet
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- 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.
23QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 2 Team Assignment Descriptive
Statistics Real Estate Data Part 1 (New) -
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- 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.
24QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 3 Connect Problems
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- 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.)
25QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 3 DQ 1
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- 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.
26QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 3 DQ 2
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- Week 3 DQ2
- What is the role of probability concepts in
business decision-making? Provide specific
examples.
27QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 3 DQ 3
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- Week 3 DQ3
- What are the basic differences between a discrete
and a continuous distribution?
28QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 3 DQ 4
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- 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.
29QNT 351 Seek Your Dream /newtonhelp.com
- Qnt 351 Week 3 Excel Problems Measuring
Salespeople Performance -
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- 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
30QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 3 Individual Assignment Real Estate
Data -
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- 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.
31QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 3 Team Assignment Sampling
Distributions Real Estate Part 2 (New) -
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- 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.
32QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 3 Team Assignment Summarizing and
Presenting Data (2 Sets) -
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- 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.
33QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 4 Connect Problems
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- QNT 351 Week 4 Connect Problem
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- 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
34QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 4 DQ 1
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- 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?
35QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 4 DQ 2
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- 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?
36QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 4 DQ 3
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- 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?
37QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 4 DQ 4
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- 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?
38QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 4 Excel Problems Measures of
Relative Standing and ProbabilityDistribution -
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- Problem 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?
39QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 4 Individual Assignment Real Estate
Data -
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- 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.
40QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 4 Learning Team Reflection (2 Sets)
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- 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
41QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 4 Two Population Means Worksheet
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- 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
42QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 5 Individual Assignment Real Estate
Data -
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- 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.
43QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 5 Learning Team Assignment Analyzing
and Interpreting Data Paper and Presentation -
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- 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.
44QNT 351 Seek Your Dream /newtonhelp.com
- QNT 351 Week 5 Team Assignment Real Estate
Regression Exercise (New) -
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- 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.
45QNT 351 Seek Your Dream/newtonhelp.com