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QNT 351 Entire Course

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Individual Assignment Statistics in Business

DQ 1
DQ 2
DQ 3
DQ 4
DQ 5
DQ 6

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QNT 351 Entire Course And Final Guide

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QNT 351 is a online tutorial store we provides QNT 351 Entire

Course And Final Guide You can find here.

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QNT 351 Final Exam Guide

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2) The general process of gathering, organizing, summarizing,

analyzing, and interpreting data is called
1) The main purpose of descriptive statistics is to

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QNT 351 Week 1 DQ 1

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Week 1 DQ1
Where would you see descriptive statistics used in your work
place?

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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.

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QNT 351 Week 1 DQ 3

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Week 1 DQ3
Developfive 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 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.

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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.

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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.

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QNT 351 Week 1 Individual Assignment Statistics in

Business (2 Sets)
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This tutorial contains 2 different Sets of papers

Definestatistics.
Identifydifferent types of statistics.
Describethe role of statistics in business decision making.

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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?

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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.

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QNT 351 Week 2 DQ 3

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Week 2 DQ3
What level of data is a telephone number? Explain.

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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?

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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?

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QNT 351 Week 2 Individual Assignment My

StatsLab
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Week 2 Problems
1.Choose the correct answer bellow:
A. It is an estimate or prediction or some other generalization
about a population based on information contained in a sample

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QNT 351 Week 2 Learning Team Assignment Data C

llection (2 Sets)
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This tutorial contains 2 different Sets of papers

Discusswith 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.

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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.

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QNT 351 Week 3 DQ 2

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Week 3 DQ2
What is the role of probability concepts in business decisionmaking? Provide specific examples.

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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?

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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.

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QNT 351 Week 3 Individual Assignment My

StatsLab 14-Problems (2 Sets)
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Week 3 Problems
1. An industrial group reports that there were approximately
122,000 industrial robots operating in a region last year. The
graph shows the percentages of industrial robot units assigned to
each of six task categories.

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QNT 351 Week 3 Individual Assignment Real Esta

te Data
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Resources: Appendix A1 at the end ofBasic Statistics for

Business and Economics
Answerquestion 68 in the Data Set Exercises from Ch. 3 ofBasic
Statistics for Business and Economics.

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QNT 351 Week 3 Team Assignment Summarizing an

Presenting Data (2 Sets)
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Revisethe report submitted in Week Two based on the feedback

provided by the instructor in the team assignment, and insight
gained by reading.
Summarizethe 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 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?

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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 = 0.01 than
= 0.10? As the significance level increases to = 0.10 from
= 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 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 at-orz-test? How is the process
similar?

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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?

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QNT 351 Week 4 Individual Assignment

MyStatsLab 14-Problems (2 Sets)
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Week 4 Problems
1. Determine whether the random variable is discrete or
continuous.
a. the number of textbook authors now sitting at a computer
b. the weight of a T-bone steak

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QNT 351 Week 4 Individual Assignment Real Esta

te Data
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Resources: Appendix A1 at the end ofBasic Statistics for

Business and Economics
Answerquestion 60 (both parts a. and b.) in the Data Set
Exercises from Ch. 6 ofBasic Statistics for Business and
Economics.

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QNT 351 Week 4 Learning Team Reflection (2 Sets

)
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Discussthe 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 Week 5 Indivdiual Assignment

MyStatsLab Problems
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QNT 351 Week 5 Indivdiual Assignment MyStatsLab Problems

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QNT 351 Week 5 Individual Assignment Real Esta

te Data
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Resources: Appendix A1 at the end ofBasic Statistics for

Business and Economics
Answerquestion 58 in the Data Set Exercises from Ch. 10
ofBasic Statistics for Business and Economics.
Answerquestion 62 in the Data Set Exercises from Ch. 13
ofBasic Statistics for Business and Economics.

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QNT 351 Week 5 Learning Team Assignment Analyz

ing and Interpreting Data Paper and Presentati
on
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Askyour instructor for specific information regarding the analysis

you are required to perform for your data set.
Combineyour 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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