QNT 351 Potential Instructors / tutorialrank.com

1. QNT 351 Potential Instructors / tutorialrank.com For More Best A+ Tutorials www.tutorialrank.com

2. QNT 351 Entire Course QNT 351 Final Exam Guide • QNT 351 Week 1 Individual Assignment Statistics in Business (UOP Course) • QNT 351 Week 1 DQ 1 (UOP Course) • QNT 351 Week 1 DQ 2 (UOP Course) • 1) The main purpose of descriptive statistics is to • 2) The general process of gathering, organizing, summarizing, analyzing, and interpreting data is called QNT 351 Potential Instructors / tutorialrank.com

3. QNT 351 Week 1 DQ 1 QNT 351 Week 1 DQ 3 • Where would you see descriptive statistics used in your work place? • Develop five demographic questions to measure gender, age, years of experience, level of education, and ethnicity. Identify the level of measurement used for each QNT 351 Potential Instructors / tutorialrank.com

4. QNT 351 Week 1 DQ 4 QNT 351 Week 1 DQ 5 • 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 • What is the importance of statistics in business decision making? Describe a business situation where statistics was used in making a decision. QNT 351 Potential Instructors / tutorialrank.com

5. QNT 351 Week 1 DQ 6 QNT 351 Week 1 Individual Assignment Statistics in Business • What are the four data measurement scales? Provide two examples and explain the importance of each in business research. • 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 QNT 351 Potential Instructors / tutorialrank.com

6. QNT 351 Week 2 DQ 1 QNT 351 Week 2 DQ 2 • 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 • 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 QNT 351 Potential Instructors / tutorialrank.com

7. QNT 351 Week 2 DQ 3 QNT 351 Week 2 DQ 4 • What level of data is a telephone number? Explain. • 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 QNT 351 Potential Instructors / tutorialrank.com

8. QNT 351 Week 2 DQ 5 QNT 351 Week 2 Individual Assignment Data Collection • Why is the population shape a concern when estimating a mean? What effect does sample size, n, have on the estimate of the mean? • Discuss with your team whether you have data from RES/351, and if your team would like to use one team member’s data for the Learning Team assignments in this course. QNT 351 Potential Instructors / tutorialrank.com

9. QNT 351 Week 2 Learning Team Assignment Data Collection (2 Sets) QNT 351 Week 3 DQ 1 • Discuss with your team whether you have data from RES/351, and if your team would like to use one team member’s data for the Learning Team assignments in this • What are the differences between probability and coincidence? Can the probability be more than 1 or less than 0? Explain why or why not. QNT 351 Potential Instructors / tutorialrank.com

10. QNT 351 Week 3 DQ 2 QNT 351 Week 3 DQ 3 • What is the role of probability concepts in business decision-making? Provide specific examples. • What are the basic differences between a discrete and a continuous distribution? QNT 351 Potential Instructors / tutorialrank.com

11. QNT 351 Week 3 DQ 4 QNT 351 Week 3 Individual Assignment My StatsLab 14 • 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 • QNT 351 Week 3 Individual Assignment My StatsLab 14-Problems QNT 351 Potential Instructors / tutorialrank.com

12. QNT 351 Week 3 Individual Assignment Real Estate Data QNT 351 Week 3 Team Assignment Summarizing and Presenting 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. • 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. QNT 351 Potential Instructors / tutorialrank.com

13. QNT 351 Week 4 DQ 1 QNT 351 Week 4 DQ 2 • What are some terms related to hypothesis testing with which you are already familiar? Why do null and alternative hypotheses have to be mutually • Why does the significance level differ among industries? Will the null hypothesis be more likely to be rejected at α = 0.01 than α = 0.10? As the significance level increases to α = 0.10 from α = 0.01, which type error is more likely to occur? What can be done QNT 351 Potential Instructors / tutorialrank.com

14. QNT 351 Week 4 DQ 3 QNT 351 Week 4 DQ 4 • 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? • 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? QNT 351 Potential Instructors / tutorialrank.com

15. QNT 351 Week 4 Individual Ass QNT 351 Week 4 Individual Assignment MyStatsLab 14 • 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 • QNT 351 Week 4 Individual Assignment MyStatsLab 14-Problems QNT 351 Potential Instructors / tutorialrank.com

16. QNT 351 Week 4 Learning Team Reflection QNT 351 Week 5 Individual Assignment MyStatsLab Problems • QNT 351 Week 4 Learning Team Reflection • QNT 351 Week 5 Indivdiual Assignment MyStatsLab Problems QNT 351 Potential Instructors / tutorialrank.com

17. QNT 351 Week 5 Individual Assignment Real Estate Data QNT 351 Week 5 Learning Team Assignment Analyzing and Interpreting Data Paper and Presentation • 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 • sk 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. QNT 351 Potential Instructors / tutorialrank.com

18. For More Best A+ Tutorials www.tutorialrank.com QNT 351 Potential Instructors / tutorialrank.com