QNT 275 Invent Yourself/newtonhelp.com

1
QNT 275 Invent Yourself/newtonhelp.com
2
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Final Exam Guide (New, 2019, 100 Score)
For more course tutorials visit www.newtonhelp.c
om   1 To make tests of hypotheses about more
than two population means, we use the t
distribution normal distribution chi-square
distribution analysis of variance distribution
3
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 1 Apply Connect Week 1 Exercise
For more course tutorials visit www.newtonhelp.co
m     QNT 275 Week 1 Apply Connect Week 1
Exercise Review the glossary in your textbook in
preparation for this assignment. Complete the
Week 1 Exercise in Connect. Note You have only 1
attempt available to complete assignments. 1. Defi
ne Ratio Variable.
4
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 1 DQ 1 For more course tutorials
visit www.newtonhelp.com     What is the
importance of statistics in business decision
making? Describe a business situation where
statistics was used in making a decision.
5
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 1 DQ 2 For more course tutorials
visit www.newtonhelp.com     Select four
variables, other than what your fellow students
have already selected, that could be measured by
nominal, ordinal, interval, and ratio scale.
Classify them by measurement scale and select
descriptive statistics that can be used to
summarize data. Use the following table when
posting your response
6
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 1 DQ 3 For more course tutorials
visit www.newtonhelp.com     How do we define
measurement? What are various levels of
measurement? How do you select measurement levels
when developing a survey or data collection tool?
Explain with examples.
7
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 1 Individual Assignment Statistics
in Business (2 Papers) For more course
tutorials visit www.newtonhelp.com     This
Tutorial contains 2 Papers   Develop a 875-word
response that addresses each of the following
prompts Define statistics with citation and
reference. Contrast quantitative data and
qualitative data. Use two Peer Reviewed
references. Evaluate tables and charts used to
represent quantitative and qualitative
data. Describe the levels of data measurement.
8
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 1 Practice Connect Knowledge Check
For more course tutorials visit www.newtonhelp.co
m     QNT 275 Week 1 Practice Connect Knowledge
Check Complete the Week 1 Knowledge Check in
Connect. Note You have unlimited attempts
available to complete practice assignments.
9
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 1 Practice Set For more course
tutorials visit www.newtonhelp.com     The
following table lists the number of deaths by
cause as reported by the Centers for Disease
Control and Prevention on February 6,
2015      Cause of Death Number of Deaths Heart
disease 611,105 Cancer 584,881 Accidents
130,557 Stroke 128,978
10
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 2 Apply Connect Week 2 Case For
more course tutorials visit www.newtonhelp.com    
QNT 275 Week 2 Apply Connect Week 2 Case Part
1 You manage the inventory for a car
dealership. Your management would like you to
review current inventory on the dealership lot.
Review the Week 2 Data Set.
11
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 2 Assignment MiniProject 3 2 For
more course tutorials visit www.newtonhelp.com    
ou are employed as a statistician for a company
that makes household products, which are sold by
part-time salespersons who work during their
spare time. The company has four salespersons
employed in a small town. Let us denote these
salespersons by A, B, C, and D.
12
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 2 DQ 1 For more course tutorials
visit www.newtonhelp.com     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.
13
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 2 DQ 2 For more course tutorials
visit www.newtonhelp.com     What are the various
methods one can use to identify the shape of data
distribution collected for research study? Why it
is important to know the shape of distribution?
How it can be used in decision making? Provide
examples other than those already posted in class.
14
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 2 DQ 3 For more course tutorials
visit www.newtonhelp.com     Select an article
from a news magazine or research journal where
data is displayed in a pie or bar chart. Describe
the data displayed in the chart and what
conclusion you could draw.
15
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 2 Individual Assignment Activity
Data Set (Little Town Cafe) For more course
tutorials visit www.newtonhelp.com     Review the
following business scenario You are the manager
in a small town in the lake district of a
Midwestern state enjoys a robust tourist season
during the summer months, but has only a small
population of residents during the off season.
The Littletown Café adjusts the levels of staff
according to the time of year, to coincide with
the number of guests, with the tourist season
typically starting around Memorial Day each year.
16
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 2 Individual Assignment Business
Problem For more course tutorials
visit www.newtonhelp.com     I2 (Week 2)
Individual Assignment Business Problem Prepare
a paper examining a business problem confronting
your organization or an organization you know of
that you feel could be addressed through the
application of the business research process.
17
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 2 Mini- Project 3-3 (Movie Data
Set) For more course tutorials
visit www.newtonhelp.com     Purpose of
Assignment  This assignment provided students
with practice in understanding the relationship
of averages and standard deviation to make an
informed business decision about the gross income
performance of each movie genre. Students will
learn to implement the use of these statistical
measures for better business decision-making.  Res
ources Week 2 Videos Week 2 Readings
Statistics Lab 
18
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 2 Practice Analysis ToolPak
Installation For more course tutorials
visit www.newtonhelp.com     QNT 275 Week 2
Practice Analysis ToolPak Installation Complete
the steps indicated in the Installing the
Analysis ToolPak video to prepare for this
weeks assignment. Take a screenshot of the Data
tab showing the installed toolpak.
19
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 2 Practice Connect Knowledge Check
For more course tutorials visit www.newtonhelp.co
m     QNT 275 Week 2 Practice Connect Knowledge
Check Complete the Week 2 Knowledge Check in
Connect. Note You have unlimited attempts
available to complete practice assignments. 1. In
a statistics class, 10 scores were randomly
selected with the following results 74, 73, 77,
77, 71, 68, 65, 77, 67, 66. What is the IQR?
20
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 2 Practice Set For more course
tutorials visit www.newtonhelp.com     List the
simple events for each of the following
statistical experiments in a sample space. One
roll of a die. Note Separate your response with
a comma (,). For example 22, 23, 24  Three tosses
of a coin. Note Use this notation for your
answer. heads H. tails T. For example HT,
TH  One toss of a coin and one roll of a die.
21
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 2 Quiz For more course tutorials
visit www.newtonhelp.com     QNT 275 Week 2
Quiz     1.         In order to summarize
qualitative data, a useful tool is a
__________. 2.         A stem-and-leaf diagram is
constructed by separating each value of a data
set into two parts. What are these parts?
22
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 3 Apply Connect Week 3 Case For
more course tutorials visit www.newtonhelp.com    
QNT 275 Week 3 Apply Connect Week 3 Case Part
1 Three hundred consumers between 21 and 49
years old were randomly selected. After sampling
a new wine cooler, each was asked to rate the
appeal of the phrase Not sweet like wine
coolers, not filling like beer, and more
refreshing than wine or mixed drinks as it
relates to the new wine cooler. The rating was
made on a scale from 1 to 5, with 5 representing
extremely appealing and with 1 representing
not at all appealing.
23
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 3 CLO Business Decision Making
Project Part 1 (2 Papers) For more course
tutorials visit www.newtonhelp.com     CLO
Business Decision-Making Project Part
1     Identify a business problem or opportunity
at a company where you work or with which you're
familiar. This will be a business problem that
you use for the individual assignments in Weeks
3-5. It should be a problem/opportunity for which
gathering and analyzing some type of data would
help you understand the problem/opportunity
better.
24
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 3 DQ 1 For more course tutorials
visit www.newtonhelp.com     An oil change shop
advertised to change oil within 15 minutes. Based
on the data collected on a typical day, what is
the probability that oil change will take 15
minutes or less time? Based on the data, do you
think the business claim is valid? Explain why or
why not.   Class Interval Frequency 6 to 10
minutes 3
25
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 3 DQ 2 For more course tutorials
visit www.newtonhelp.com     What are some
conditions under which business decisions are
made using subjective probability concepts?
Provide at least two examples of subjective
probability.  
26
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 3 DQ 3 For more course tutorials
visit www.newtonhelp.com     What are the
characteristics of standard normal distribution?
The HR department of an organization collects
data on employees' age, salary, level of
education, gender, and ethnicity. Which data do
you think is more likely to follow normal
distribution? Explain why.
27
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 3 Individual Assignment Descriptive
Statistics (Score 85) For more course
tutorials visit www.newtonhelp.com     Individual
Assignment Descriptive Statistics Identify a
research problem different from the previous
research problems that uses two different sets of
the same type of data. Example Sales from two
different months or years. GPA's of men and
women. Number of two different shelf items sold
(Coke Pepsi) by month over a year.
28
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 3 Practice Connect Knowledge Check
For more course tutorials visit www.newtonhelp.co
m     QNT 275 Week 3 Practice Connect Knowledge
Check 1. A plant manager knows that the number of
boxes of supplies received weekly is normally
distributed with a mean of 200 and a standard
deviation of 20. What percentage of the time will
fewer than 160 boxes of supplies arrive in a
week? 2.28 4.56
29
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 3 Practice Set For more course
tutorials visit www.newtonhelp.com     Let x be a
continuous random variable. What is the
probability that x assumes a single value, such
as a (use numerical value)?     The following are
the three main characteristics of a normal
distribution.
30
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 3 Probability Case Study 5.2 For
more course tutorials visit www.newtonhelp.com    
Week 3 Learning Team Collaboration Discussion
Probability Resource Case Study 5.2 in Chapter 5
of Essentials of Business Statistics Calculate the
requested probabilities for items
1-3. Discuss your findings for the probabilities.
31
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 3 Quiz For more course tutorials
visit www.newtonhelp.com     QNT 275 Week 3
Quiz                                           Que
stion 1                 You work in marketing
for a company that produces work boots. Quality
control has sent you a memo detailing the length
of time before the boots wear out under heavy
use.
32
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 4 Apply Connect Week 4 Case For
more course tutorials visit www.newtonhelp.com   C
ustomized Work for QNT 275   https//uopcourses.co
m/sd_product/qnt-275-weekly-practice-connect-knowl
edge-check-apply-connect-weekly-case/     Part
1  You manage Human Relations for your company.
One of your sales managers has retired, leaving
an opening. You are considering two different
employees for the position. Both are highly
qualified so you have decided to evaluate their
sales performance for the past year.
33
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 4 CLO Business Decision Making
Project Part 2 (2 Papers) For more course
tutorials visit www.newtonhelp.com     This
Tutorial contains 2 Papers     CLO Business
Decision Making Project, Part 2   Use the same
business problem/opportunity and research
variable you wrote about in Week 3. Remember do
not actually collect any data think
hypothetically.
34
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 4 DQ 1 For more course tutorials
visit www.newtonhelp.com     What is the
difference between an independent and a dependent
variable? Does a regression model imply
causation? Explain why or why not.
35
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 4 DQ 2 For more course tutorials
visit www.newtonhelp.com     Does correlation
equal causation? Does the strength of correlation
depend on the direction? What is the meaning of a
zero correlation? Explain your answers.
36
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 4 DQ 3 For more course tutorials
visit www.newtonhelp.com   What are the
requirements that must be met for a regression
analysis? What happens if these requirements are
violated? Why is analysis of residuals important?
37
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 4 Individual Assignment t-test I4
For more course tutorials visit www.newtonhelp.co
m   Individual Assignment t-test I4 Identify a
research problem different from the previous
research problems that uses two different sets of
the same type of data. Any subject may be chosen.
Some examples Sales from two different months or
years. GPA's of men and women. Number of two
different shelf items sold (Coke Pepsi)
38
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 4 Linear Regression Case 12 1 For
more course tutorials visit www.newtonhelp.com    
Resource Case Study 12.1 in Chapter 12 of
Essentials of Business Statistics. Click the
Sushi Restaurant Data Set link. Calculate the
linear regression in item 1 of the case study.
39
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 4 Practice Connect Knowledge Check
For more course tutorials visit www.newtonhelp.co
m   Customized Work for QNT 275 https//uopcourses
.com/sd_product/qnt-275-weekly-practice-connect-kn
owledge-check-apply-connect-weekly-case/   Based
on a random sample of 25 units of product X, the
average weight is 102 lb and the sample standard
deviation is 10 lb.
40
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 4 Practice Set For more course
tutorials visit www.newtonhelp.com     Find z for
each of the following confidence levels. Round to
two decimal places. 90 95 96 97 98
41
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 4 Quiz For more course tutorials
visit www.newtonhelp.com     QNT 275 Week 4
Quiz     Question 1                 Serial
correlation is typically observed in Question 2
                Another name for an explanatory
variable is the ___.
42
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 4 Quiz For more course tutorials
visit www.newtonhelp.com     QNT 275 Week 4
Quiz     Question 1                 Serial
correlation is typically observed in Question 2
                Another name for an explanatory
variable is the ___. Question 3                
Which of the following variables is not
qualitative?
43
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 5 Apply Connect Week 5 Case For
more course tutorials visit www.newtonhelp.com   C
ustomized Work for QNT 275 https//uopcourses.co
m/sd_product/qnt-275-weekly-practice-connect-knowl
edge-check-apply-connect-weekly-case/ QNT
275 Week 5 Apply Connect Week 5 Case
44
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 5 Assignment Business Problem or
Opportunity Presentation For more course
tutorials visit www.newtonhelp.com   Prepare an
11- to 15-slide Microsoft PowerPoint
presentation for the senior management team based
on the business problem or opportunity you
described in Weeks 3 and 5. Include on the slides
what you would want the audience to see (include
appropriate visual aids/layout). In the Speaker
Notes section, include what you would say as you
present each slide. If any source material is
quoted or paraphrased in the presentation, use
APA citations and references.
45
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 5 CLO Business Decision Making
Project Part 3 (2 PPT) For more course
tutorials visit www.newtonhelp.com     This
Tutorial contains 2 Presentations     CLO
Business Decision Making Project, Part
3   Prepare an 11- to 15-slide Microsoft
PowerPoint presentation for the senior
management team based on the business problem or
opportunity you described in Weeks 3-4.
46
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 5 DQ 2 For more course tutorials
visit www.newtonhelp.com     How do you know you
have validated a research study based on data
gathered from primary or secondary sources? Have
you been involved with any product test-marketing
project? Explain. How did the resulting
statistics affect the product's marketing
strategy? How can organizations skew the
statistical outcomes of their business research?
47
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 5 DQ 2 For more course tutorials
visit www.newtonhelp.com     How do you know you
have validated a research study based on data
gathered from primary or secondary sources? Have
you been involved with any product test-marketing
project? Explain. How did the resulting
statistics affect the product's marketing
strategy? How can organizations skew the
statistical outcomes of their business research?
48
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 5 DQ 3 For more course tutorials
visit www.newtonhelp.com       In what way has
the learning from this course helped you to
effectively test hypotheses, draw conclusions,
and provide recommendations to management?
Consider what you have achieved in your research
study conducted for this course.
49
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 5 Individual Assignment Final z-test
(Set 2) For more course tutorials
visit www.newtonhelp.com     Individual
Assignment Final z-test Identify a research
problem different from the previous research
problems that uses two different sets of the same
type of data. Example Sales from two different
months or years. GPA's of men and women. Number
of two different shelf items sold (Coke Pepsi)
by month over a year. Home sales prices in
different suburbs, cities counties or states. You
wish to determine if there is a significant
difference
50
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 5 Individual Assignment Final
z-test For more course tutorials
visit www.newtonhelp.com     Individual
Assignment Final z-test Identify a research
problem different from the previous research
problems that uses two different sets of the same
type of data. Example Sales from two different
months or years. GPA's of men and women. Number
of two different shelf items sold (Coke Pepsi)
by month over a year
51
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 5 Practice Connect Knowledge Check
For more course tutorials visit www.newtonhelp.co
m     QNT 275 Week 5 Practice Connect Knowledge
Check A sequence of values of some variable or
composite of variables taken at successive,
uninterrupted time periods is called a seasonal
factor.
52
QNT 275 Invent Yourself/newtonhelp.com
QNT 275 Week 5 Practice Set For more course
tutorials visit www.newtonhelp.com     1. This
distribution has only one parameter. The curve is
skewed to the right for small df and becomes
symmetric for large df. The entire distribution
curve lies to the right of the vertical axis. The
distribution assumes nonnegative values only 1. t
distribution 2. Normal distribution
53
QNT 275 Invent Yourself/newtonhelp.com