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QNT 275

QNT 275 Entire Course

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QNT 275 Week 1 Individual Assignment Statistics in Business


QNT 275 Week 1 DQ 1
QNT 275 Week 1 DQ 2
QNT 275 Week 1 DQ 3
QNT 275 Week 2 Activity Data Set

QNT 275 Week 1 DQ 1

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What is the importance of statistics in business decision making? Describe a


business situation where statistics was used in making a decision.

QNT 275 Week 1 DQ 2

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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:
Variable

Level of Measurement
Descriptive Stat and Justify Selection

QNT 275 Week 1 DQ 3

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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.

QNT 275 Week 1 Individual Assignment


Statistics in Business

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Write a 300-word summary that addresses the following criteria:

Define statistics.
Identify different types and levels of statistics.
Describe the role of statistics in business decision-making.
Provide at least two examples or problem situations in which statistics was used or
could be used.
Format your summary consistent with APA guidelines.

QNT 275 Week 2 Activity Data Set

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Resource: University Material: Data Set


Download the data set.
Review the age and gender data in the data set.
Display gender information in a chart and plot age data in a box plot.
Calculate the appropriate measure of central tendency and variability for the age and
gender. What conclusion can you draw from the data?

QNT 275 Week 2 DQ 1

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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.

QNT 275 Week 2 DQ 2

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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.

QNT 275 Week 2 DQ 3

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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.

QNT 275 Week 2 Individual Assignment


Business Decision Making Project, Part 1

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Based on your Week 2 collaborative learning team discussion, submit, individually, a


350- to 700-word description based on the collaboration of the team's company and
problem for instructor approval.

Format your paper consistent with APA guidelines.


Submit completed assignment to Plagiarism Checker in University Library.
Click the Assignment Files tab to submit your assignment and include a copy of the

QNT 275 Week 3 DQ 1

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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

QNT 275 Week 3 DQ 2

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What are some conditions under which business decisions are made using subjective
probability concepts? Provide at least two examples of subjective probability.

QNT 275 Week 3 DQ 3

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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.

QNT 275 Week 3 Individual Business


Decision Making Project, Part 2

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Based on your Week 3 collaborative learning team discussion, submit, individually, a


350- to 700-word summary of the work completed by your team.
Format your paper consistent with APA guidelines.

Submit completed assignment to Plagiarism Checker in University Library.


Click the Assignment Files tab to submit your assignment and include a copy of the
Plagiarism Checker results.

QNT 275 Week 4 DQ 1

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What is the difference between an independent and a dependent variable? Does a


regression model imply causation? Explain why or why not.

QNT 275 Week 4 DQ 2

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Does correlation equal causation? Does the strength of correlation depend on the
direction? What is the meaning of a zero correlation? Explain your answers.

QNT 275 Week 4 DQ 3

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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?

QNT 275 Week 4 Individual Business


Decision Making Project, Part 3

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Based on your Week 4 collaborative learning team discussion, submit, individually, a


350- to 700-word summary of the work completed by your team.
Format your paper consistent with APA guidelines.

Submit completed assignment to Plagiarism Checker in University Library.


Click the Assignment Files tab to submit your assignment and include a copy of the
Plagiarism Checker results.

QNT 275 Week 5 DQ 1

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How would you select appropriate statistical tests for analysis research data? What
aspects of research questions or data types are relevant considerations in choosing
your tests? Why?

QNT 275 Week 5 DQ 2

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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 testmarketing project? Explain. How did the resulting statistics affect the product's
marketing strategy? How can organizations skew the statistical outcomes of their
business research?

QNT 275 Week 5 DQ 3

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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.

QNT 275 Week 5 Team Assignment


Business Decision Making Project, Final

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Based on your Week 5 collaborative learning team discussion, prepare a 7- to 9-slide


Microsoft PowerPoint presentation for the senior management team along with a
supplemental written report of no more than 1,400 words to present your findings.

Include the following in your presentation:


What is the business problem or opportunity?
Why is it important?
What should we do?

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