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Presentation on theme: "QNT 351 GENIUS innovative education custom help FOR MORE CLASSES VISIT custom help."— Presentation transcript:

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2 QNT 351 GENIUS innovative education custom help FOR MORE CLASSES VISIT www.qnt351genius.com custom help

3 QNT 351 GENIUS innovative education QNT 351 Entire Course FOR MORE CLASSES VISIT www.qnt351genius.com QNT 351 Week 1 Individual Assignment Statistics in Business QNT 351 Week 1 DQ 1 QNT 351 Week 1 DQ 2 QNT 351 Week 1 DQ 3 QNT 351 Week 1 DQ 4 QNT 351 Week 1 DQ 5 QNT 351 Week 1 DQ 6 QNT 351 Week 2 Individual Assignment Data Collection QNT 351 Week 2 Individual Assignment My StatsLab 10 Problems

4 QNT 351 GENIUS innovative education QNT 351 Final Exam Guide (New) FOR MORE CLASSES VISIT www.qnt351genius.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? 3 When a class interval is expressed as 100 up to 200, _________________________.

5 QNT 351 GENIUS innovative education QNT 351 Final Exam Guide FOR MORE CLASSES VISIT www.qnt351genius.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?

6 QNT 351 GENIUS innovative education QNT 351 Week 1 Connect Problems FOR MORE CLASSES VISIT www.qnt351genius.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? 4. The reported unemployment is

7 QNT 351 GENIUS innovative education QNT 351 Week 1 DQ 1 FOR MORE CLASSES VISIT www.qnt351genius.com Week 1 DQ1 Where would you see descriptive statistics used in your work place?

8 QNT 351 GENIUS innovative education QNT 351 Week 1 DQ 2 FOR MORE CLASSES VISIT www.qnt351genius.com Week 1 DQ2 How would you define dependent and independent variables? What is their significance in research? Explain with examples.

9 QNT 351 GENIUS innovative education QNT 351 Week 1 DQ 4 FOR MORE CLASSES VISIT www.qnt351genius.com Week 1 DQ4 How would you define a variable? What is the difference between

10 QNT 351 GENIUS innovative education QNT 351 Week 1 DQ 4 FOR MORE CLASSES VISIT www.qnt351genius.com Week 1 DQ4 How would you define a variable? What is the difference between a dependent and independent variable? Do you

11 QNT 351 GENIUS innovative education QNT 351 Week 1 DQ 5 FOR MORE CLASSES VISIT www.qnt351genius.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.

12 QNT 351 GENIUS innovative education QNT 351 Week 1 DQ 6 FOR MORE CLASSES VISIT www.qnt351genius.com Week 1 DQ6 What are the four data measurement scales? Provide two examples and explain the importance of each in business research.

13 QNT 351 GENIUS innovative education QNT 351 Week 1 Individual Assignment Statistics in Business (2 Sets) FOR MORE CLASSES VISIT www.qnt351genius.com This tutorial contains 2 different Sets of papers Define statistics. Identify different types of statistics.

14 QNT 351 GENIUS innovative education QNT 351 Week 2 Connect Problems FOR MORE CLASSES VISIT www.qnt351genius.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?

15 QNT 351 GENIUS innovative education QNT 351 Week 2 DQ 1 FOR MORE CLASSES VISIT www.qnt351genius.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

16 QNT 351 GENIUS innovative education QNT 351 Week 2 DQ 2 FOR MORE CLASSES VISIT www.qnt351genius.com Week 2 DQ2 Describe a business situation, other than what has already been selected by fellow students or selected from the team assignment

17 QNT 351 GENIUS innovative education QNT 351 Week 2 DQ 3 FOR MORE CLASSES VISIT www.qnt351genius.com Week 2 DQ3 What level of data is a telephone number? Explain.

18 QNT 351 GENIUS innovative education QNT 351 Week 2 DQ 4 FOR MORE CLASSES VISIT www.qnt351genius.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?

19 QNT 351 GENIUS innovative education QNT 351 Week 2 DQ 5 FOR MORE CLASSES VISIT www.qnt351genius.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?

20 QNT 351 GENIUS innovative education QNT 351 Week 2 Individual Assignment My StatsLab FOR MORE CLASSES VISIT www.qnt351genius.com QNT 351 Week 2 Individual Assignment My StatsLab 10 Problems

21 QNT 351 GENIUS innovative education QNT 351 Week 2 Learning Team Assignment Data Collection (2 Sets) FOR MORE CLASSES VISIT www.qnt351genius.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 member’s data for the Learning Team assignments in this course.

22 QNT 351 GENIUS innovative education QNT 351 Week 3 Connect Problems FOR MORE CLASSES VISIT www.acc421genius.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

23 QNT 351 GENIUS innovative education QNT 351 Week 3 DQ 1 FOR MORE CLASSES VISIT www.qnt351genius.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.

24 QNT 351 GENIUS innovative education QNT 351 Week 3 DQ 2 FOR MORE CLASSES VISIT www.qnt351genius.com Week 3 DQ2 What is the role of probability concepts in business decision- making? Provide specific examples.

25 QNT 351 GENIUS innovative education QNT 351 Week 3 DQ 3 FOR MORE CLASSES VISIT www.qnt351genius.com Week 3 DQ3 What are the basic differences between a discrete and a continuous distribution

26 QNT 351 GENIUS innovative education QNT 351 Week 3 DQ 4 FOR MORE CLASSES VISIT www.qnt351genius.com Week 3 DQ4 What are the characteristics of standard normal distribution? Explain how to calculate the z-test

27 QNT 351 GENIUS innovative education QNT 351 Week 3 Individual Assignment My StatsLab 14-Problems (2 Sets) FOR MORE CLASSES VISIT www.qnt351genius.com QNT 351 Week 3 Individual Assignment My StatsLab 14-Problems

28 QNT 351 GENIUS innovative education QNT 351 Week 3 Team Assignment Summarizing and Presenting Data (2 Sets) FOR MORE CLASSES VISIT www.qnt351genius.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

29 QNT 351 GENIUS innovative education QNT 351 Week 3 Team Assignment Summarizing and Presenting Data (2 Sets) FOR MORE CLASSES VISIT www.qnt351genius.com This tutorial contains 2 different Sets of papers If using RES/351 data:

30 QNT 351 GENIUS innovative education QNT 351 Week 4 DQ 1 FOR MORE CLASSES VISIT www.qnt351genius.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?

31 QNT 351 GENIUS innovative education QNT 351 Week 4 DQ 2 FOR MORE CLASSES VISIT www.qnt351genius.com Week 4 DQ2 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

32 QNT 351 GENIUS innovative education QNT 351 Week 4 DQ 3 FOR MORE CLASSES VISIT www.qnt351genius.com Week 4 DQ3 Please explain the five steps used in hypothesis testing. How does the five-step procedure for hypothesis testing

33 QNT 351 GENIUS innovative education QNT 351 Week 4 DQ 4 FOR MORE CLASSES VISIT www.qnt351genius.com Week 4 DQ4 Please explain terms related to hypothesis testing; please explain null and alternate hypotheses, explain the

34 QNT 351 GENIUS innovative education QNT 351 Week 4 Individual Assignment MyStatsLab 14-Problems (2 Sets) FOR MORE CLASSES VISIT www.qnt351genius.com QNT 351 Week 4 Individual Assignment MyStatsLab 14-Problems

35 QNT 351 GENIUS innovative education QNT 351 Week 4 Individual Assignment Real Estate Data FOR MORE CLASSES VISIT www.qnt351genius.com Resources: Appendix A1 at the end of Basic Statistics for Business and Economics

36 QNT 351 GENIUS innovative education QNT 351 Week 4 Learning Team Reflection (2 Sets) FOR MORE CLASSES VISIT www.qnt351genius.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

37 QNT 351 GENIUS innovative education


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