Qnt 275 entire course

Page 1

QNT 275 Entire Course

FOR MORE CLASSES VISIT www.qnt275study.com This Tutorial doesn’t contain Practice Set (email us for customized help) QNT 275 Final Exam Guide QNT 275 Week 2 Quiz QNT 275 Week 3 Quiz QNT 275 Week 4 Quiz QNT 275 Week 1 Individual Assignment Statistics in Business (2 Papers) QNT 275 Week 1 DQ 1 QNT 275 Week 1 DQ 2 QNT 275 Week 1 DQ 3 QNT 275 Week 2 Individual Assignment Activity Data Set (Little Town Cafe) QNT 275 Week 2 Assignment Mini-Project 3-2 QNT 275 Week 2 DQ 1 QNT 275 Week 2 DQ 2 QNT 275 Week 2 DQ 3 QNT 275 Week 3 DQ 1


QNT 275 Week 3 DQ 2 QNT 275 Week 3 DQ 3 QNT 275 Week 4 DQ 1 QNT 275 Week 4 DQ 2 QNT 275 Week 4 DQ 3 QNT 275 Week 5 DQ 1 QNT 275 Week 5 DQ 2 QNT 275 Week 5 DQ 3 QNT 275 Week 3 CLO Business Decision Making Project Part 1 QNT 275 Week 4 CLO Business Decision Making Project Part 2 QNT 275 Week 5 CLO Business Decision Making Project Part 3 QNT 275 Week 4 Linear Regression Case 12.1 QNT 275 Week 3 Probability Case Study 5.2 ===============================================

QNT 275 Final Exam Guide

FOR MORE CLASSES VISIT www.qnt275study.com QNT 275 Final Exam Guide 1. The salaries of teachers in a particular school district are normally distributed with a mean of $50,000 and a standard deviation of $2,500. Due to budget limitations, it has been decided


that the teachers who are in the top 2.5% of the salaries would not get a raise. What is the salary level that divides the teachers into one group that gets a raise and one that doesn’t? 2. In the accompanying stem-and-leaf diagram, the values in the stem and leaf portions represent 10s and 1s digits, respectively. The stem-and-leaf diagram shows that the distribution is ___________. 3.

Which of the following is a quantitative variable?

4. Which of the following meets the requirements of a stratified random sample? 5. Which of the following can be represented by a continuous random variable? 6.

In the sample regression equation what is ?

7.

Mutually exclusive events ______________.

8. Which of the following can be represented by a discrete random variable? 9. A manager of a fast food restaurant wants to ensure that staff are scheduled with the sufficient hours required to meet customer demands without overspending on labor costs. The manager has daily guest counts, sales data, and staff hours for the prior year. What should the manager do next in order to reach conclusions about scheduling restaurant staff? 10. A-Plus Dry Cleaners wants to understand its customers’ perceptions of the quality of the company’s customer service. They plan to survey a sample of its customer base. What will A-Plus need to do to ensure that their data is valid and reliable? 11. The two branches of the study of statistics are generally referred to as ___________.


12.

Serial correlation is typically observed in:

13. The manager of a retail shoe store has applied statistics to analyze sales, purchasing, and data and reached the conclusion that the store could reduce costs by reducing inventory of very small and very large sizes, and substituting an online ordering service to drop-ship rare sizes directly from suppliers. How should the manager communicate those results to the store owner? 14. Professors at a local university earn an average salary of $80,000 with a standard deviation of $6,000. The salary distribution is approximately bell-shaped. What can be said about the percentage of salaries that are at least $74,000? 15. Which of the following violates the assumptions of regression analysis? 16.

The study of statistics can be defined as:

17. What is the name of the variable that’s used to predict another variable? 18. Consider a population with data values of 12, 8, 28, 22, 12, 30, 14. The median is: 19. Which scales of data measurement are associated with quantitative data? 20.

What is (are) the most widely used measure(s) of dispersion?

21. Frequency distributions may be used to describe which of the following types of data? 22. A company wants to estimate the mean price of oil over the past 10 years. What kind of data does the company need? 23.

What type of relationship is indicated in the scatterplot?

24.

Which of the following is most influenced by outliers?


25. Bias can occur in sampling. Bias refers to _____________________. 26. The owner of a company has recently decided to raise the salary of one employee, who was already making the highest salary, by 20%. Which of the following is (are) expected to be affected by this raise? 27.

The estimation of which of the following requires sampling?

28.

Horizontal bar charts are constructed by placing:

30. A hedge fund returns on average 26% per year with a standard deviation of 12%. Using the empirical rule, approximate the probability the fund returns over 50% next year. ===============================================

QNT 275 Week 1 DQ 1

FOR MORE CLASSES VISIT www.qnt275study.com 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 Nominal Ordinal Interval Ratio ===============================================

QNT 275 Week 1 DQ 3

FOR MORE CLASSES VISIT www.qnt275study.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. ===============================================

QNT 275 Week 1 Individual Assignment Statistics in Business (2 Papers)


FOR MORE CLASSES VISIT www.qnt275study.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. § Describe the role of statistics in business decision-making. § Provide at least two business research questions, or problem situations, in which statistics was used or could be used. Use two peer reviewed references. Format your assignment consistent with APA guidelines. Click the Assignment Files tab to submit your assignment. ===============================================

QNT 275 Week 2 Assignment Mini-Project 3-2

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You 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. The sales records (in dollars) for the past 6 weeks for these four salespersons are shown in the table below. Week A

B

C

D

1

1774 2205 1330 1402

2

1808 1507 1295 1665

3

1890 2352 1502

4

1932 1939 1104 1826

5

1855 2052 1189 1703

6

1726 1630 1441 1498

1530

Your supervisor has asked you to prepare a brief report comparing the sales volumes and the consistency of sales of these four salespersons. Use the mean sales for each salesperson to compare the sales volumes. Choose an appropriate statistical measure to compare the consistency of sales. Make the calculations and write a 700-word report comparing the sales volumes and the consistency of sales of these four salespersons. Format your assignment consistent with APA guidelines.


Click the Assignment Files tab to submit your assignment. ===============================================

QNT 275 Week 2 DQ 1

FOR MORE CLASSES VISIT www.qnt275study.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. ===============================================

QNT 275 Week 2 DQ 2

FOR MORE CLASSES VISIT www.qnt275study.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. ===============================================

QNT 275 Week 2 DQ 3

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www.qnt275study.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. ===============================================

QNT 275 Week 2 Individual Assignment Activity Data Set (Little Town Cafe)

FOR MORE CLASSES VISIT www.qnt275study.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. One wait staff employee can serve 50 guests. When a bus staff employee is added, the pair can serve 75 guests. At 76 guests, the café adds a second wait staff employee, for a total of 2 waiters and one busser. Analysis of guest numbers can support future decisions about scheduling wait staff, dishwashers, and bus staff for the café. Download the data set. Review the data in the data set. Write a 700- to 1,050-word paper in which you:


Explain why this is (or is not) a suitable sample of quantitative data for the business scenario. Evaluate the factors that would affect the validity of the data set. Evaluate the factors that would affect the reliability of the data set. Explain the steps you took to arrive at your conclusion about validity and reliability. Display the data set in a chart. Explain briefly why that chart type was selected. Calculate the measures of central tendency and variability (mean, median, mode, standard deviation) for the data. Explain the steps you followed to come your answer. Interpret the measures of central tendency and variability.What are three conclusions you can draw based on the data analysis? ===============================================

QNT 275 Week 2 Individual Assignment Business Problem

FOR MORE CLASSES VISIT www.qnt275study.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. Describe the problem. Then present the research purpose and one research question addressing an aspect of this problem. The question must


contain the variable you will measure. Discuss the measured variable. Use the business research problem sample I2 as a guide. This paper should be between 300-600 words. Post to the individual assignment forum. Title the document file "Business Statistics Research Problem I2". Materials ===============================================

QNT 275 Week 2 Quiz

FOR MORE CLASSES VISIT www.qnt275study.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? 3. A recent survey of 200 small firms (annual revenue less than $10 million) asked whether an increase in the minimum wage would cause the firm to decrease capital spending. Possible responses to the survey question were: "Yes," "No," or "Don't Know." These data are best classified as ____________. 4. The accompanying chart shows the numbers of books written by each author in a collection of cookbooks. What type of chart is this? 5.

A population consists of _________________.

6.

Which of the following variables is quantitative?


7. Which of the following represents a population and a sample from that population? 8. ABC Plumbing wants to understand its customers’ perceptions of the quality of the company’s plumbing service calls. They plan to survey a sample of its customer base. What will ABC need to do to ensure that their data is valid and reliable? 9.

Which of the following variables is qualitative?

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QNT 275 Week 3 CLO Business Decision Making Project Part 1

FOR MORE CLASSES VISIT www.qnt275study.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. Identify a research variable within the problem/opportunity that could be measured with some type of data collection. Consider methods for collecting a suitable sample of either qualitative or quantitative data for the variable. Consider how you will know if the data collection method would be valid and reliable.


Develop a 1,050-word analysis to describe a company, problem, and variable. Include the following in your submission: ·

Identify the name and description of the selected company,

·

Describe the problem at that company,

·

Identify one research variable from that problem,

· Describe the methods you would use for collecting a suitable sample of either qualitative or quantitative data for the variable (Note: do not actually collect any data) · Analyze how you will know if the data collection method would generate valid and reliable data (Note: do not actually collect any data) Format your assignment consistent with APA guidelines. Click the Assignment Files tab to submit your assignment. ===============================================

QNT 275 Week 3 DQ 1

FOR MORE CLASSES VISIT www.qnt275study.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 11 to 15 minutes 8 16 to 20 minutes 6 21 to 25 minutes 2 More than 25 Minutes 1 ===============================================

QNT 275 Week 3 DQ 2

FOR MORE CLASSES VISIT www.qnt275study.com 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


FOR MORE CLASSES VISIT www.qnt275study.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. ===============================================

QNT 275 Week 3 Individual Assignment Descriptive Statistics (Score 85%)

FOR MORE CLASSES VISIT www.qnt275study.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. Home sales prices in different suburbs, cities, counties or states. You wish to determine if there is a significant difference between the means of the data sets. Select data that have absolute zero measurements (Ratio data). You may use recorded data or made up data. The n sample size should be at least 10 in each set, but not more than 20. Prepare a paper describing the research problem, research purpose and one research question. Include a definition of the variables you are measuring. List the data. List alpha, the null and alternative hypothesis, and give a brief


back ground. Do MegaStat descriptive statistics on the data and do data analysis describing the data. Do runs plot graphs. Interpret the Goodness of Fit (GOF) p-value to decide if the data is parametric (normal) or nonparametric. Conclude. Use the sample I3 Descriptive Statistics as a guide. This paper should be between 7001000 words. Post as an Individual Assignment. Title the document file "Descriptive Statistics I3". ===============================================

QNT 275 Week 3 Probability Case Study 5.2

FOR MORE CLASSES VISIT www.qnt275study.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. What was the smoking trend from 1997-2007? Is this a discrete, continuous, or conditional probability? Why? How do probabilities help you understand trends in data? What steps might you recommend, related to smoking behavior, based on this trend? ===============================================

QNT 275 Week 3 Quiz


FOR MORE CLASSES VISIT www.qnt275study.com QNT 275 Week 3 Quiz Question 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. They find that the boots wear out in an average of 208 days, but the exact amount of time varies, following a normal distribution with a standard deviation of 14 days. For an upcoming ad campaign, you need to know the percent of the pairs that last longer than six months-that is, 180 days. Use the empirical rule to approximate this percent. Question 2: For any normally distributed random variable with mean μ and standard deviation σ, the percent of the observations that fall between μ-2σ and μ+2σ is closest to _______. Question 3:

Which of the following is correct?

Question 4: • What does it mean when we say that the tails of the normal curve are asymptotic to the x axis? Question 5: • The probability that a normal random variable is less than its mean is ____. Question 6: • Mutually exclusive and collectively exhaustive events _______________. Question 7: • Which of the following can be represented by a discrete random variable? Question 8:

What is probability?


Question 9: • Which of the following can be represented by a continuous random variable? Question 10: • A continuous random variable has the uniform distribution on the interval [a, b] if its probability density function f(x) ___________. ===============================================

QNT 275 Week 4 CLO Business Decision Making Project Part 2

FOR MORE CLASSES VISIT www.qnt275study.com 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. Develop a 1,050-word report in which you: · Identify the types of descriptive statistics that might be best for summarizing the data, if you were to collect a sample. · Analyze the types of inferential statistics that might be best for analyzing the data, if you were to collect a sample. · Analyze the role probability or trend analysis might play in helping address the business problem. · Analyze the role that linear regression for trend analysis might play in helping address the business problem.


¡ Analyze the role that a time series might play in helping address the business problem. Format your assignment consistent with APA guidelines. Click the Assignment Files tab to submit your assignment. ===============================================

QNT 275 Week 4 DQ 1

FOR MORE CLASSES VISIT www.qnt275study.com 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

FOR MORE CLASSES VISIT www.qnt275study.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. ===============================================

QNT 275 Week 4 DQ 3


FOR MORE CLASSES VISIT www.qnt275study.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? ===============================================

QNT 275 Week 4 Individual Assignment t-test I4

FOR MORE CLASSES VISIT www.qnt275study.com 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) 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 between the means of the data sets. Select data that have absolute zero measurements (Ratio data). You may use recorded data or made up data. The n sample size should be at least 10 in each set, but not more than 29. Prepare a paper with a table of contents. Describe the research problem, research purpose and one research question. Include a definition of the variables you are measuring. List the data. List alpha, the null and alternative hypothesis, and give a brief back ground. Do MegaStat descriptive statistics on the data and do data analysis describing the data. Do


runs plot graphs. Interpret the Goodness of Fit (GOF) p-value to decide if the data is parametric (normal) or nonparametric. t-test: Open Excel, log in both data sets. Go to Add Ins, Megastat, Hypothesis Tests, Compare Two Independent Groups, left mouse click highlight Group 1 then Group 2, OK. Conclude. Use the I4 sample as a guide. This paper should be between 900-1200 words. Post as an Individual assignment. Title the document file "t-test I4". ===============================================

QNT 275 Week 4 Linear Regression Case 12.1

FOR MORE CLASSES VISIT www.qnt275study.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. Discuss the following with your team: · Explain if simple regression or multiple regression is more appropriate for making predictions in this case. · Predict what will happen to sales based on unemployment rate and the level of advertising ·

Justify your predictions.

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QNT 275 Week 4 Presentation (13 and 14)


FOR MORE CLASSES VISIT www.qnt275study.com Prepare an 11- to 15-slide Microsoft® PowerPoint® presentation for the senior management team based on the business problem or opportunity you described 13 and 14 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. Draw on material you developed in the 13 Research Problem and 14 Research Problem Include the following in your presentation: ·

Introduction slide

·

Agenda slide

·

Describe the organization, with a brief description

·

Explain the business problem or opportunity

·

Analyze why the business problem is important

· Identify what variable would be best to measure for this problem and explain why · Apply data analysis techniques to this problem (tell which techniques should be used: descriptive stats, inferential stats, probability) and explain why · Apply a possible solution to the problem/opportunity, with rationale


· Evaluate how data could be used to measure the implementation of such a solution ·

Conclusion

· References slide (if any source material is quoted or paraphrased throughout the presentation) Format your assignment consistent with APA guidelines. ===============================================

QNT 275 Week 4 Quiz

FOR MORE CLASSES VISIT www.qnt275study.com QNT 275 Week 4 Quiz Question 1:

Serial correlation is typically observed in:

Question 2: the ___.

Another name for an explanatory variable is

Question 3: qualitative?

Which of the following variables is not

Question 4: • Consider the following simple linear regression model: y=βo+β1^(x+ε) The response variable is: Question 5: • Which of the following violates the assumptions of regression analysis? Question 6: • In a simple linear regression model, if the plots on a scatter diagram lie on a straight line, what is the standard error of the estimate?


Question 7: • Consider the following simple linear regression model: y=βo+β1^(x+ε)β0 and β1 are: Question 8: general:

For a given set of explanatory variables, in

Question 9:

The standard error of the estimate measures:

Question 10: • What is the name of the variable that's used to predict another variable? ===============================================

QNT 275 Week 5 Assignment Business Problem or Opportunity Presentation

FOR MORE CLASSES VISIT www.qnt275study.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. Draw on material you developed in the Week 3 and 4 assignments. Include the following in your presentation: • Introduction slide • Agenda slide


• Describe the organization, with a brief description • Explain the business problem or opportunity • Analyze why the business problem is important • Identify what variable would be best to measure for this problem and explain why • Apply data analysis techniques to this problem (tell which techniques should be used: descriptive stats, inferential stats, probability) and explain why • Apply a possible solution to the problem/opportunity, with rationale • Evaluate how data could be used to measure the implementation of such a solution • Conclusion • References slide (if any source material is quoted or paraphrased throughout the presentation) Format your assignment consistent with APA guidelines. Click the Assignment Files tab to submit your assignment. ===============================================

QNT 275 Week 5 CLO Business Decision Making Project Part 3

FOR MORE CLASSES VISIT www.qnt275study.com 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. Include on the slides what you'd want the audience to see (include appropriate visual aids/layout) and include in the Speaker's Notes section what you'd say as you present each slide. If any source material is quoted or paraphrased in the presentation, use APA citations and references. Draw on material you developed in the Weeks 3-4 assignments. Include the following in your presentation: ·

Introduction slide

·

Agenda slide

·

Describe the organization, with a brief description

·

Explain the business problem or opportunity

·

Analyze why the business problem is important

· Identify what variable would be best to measure for this problem. Explain why. · Apply data analysis techniques to this problem (tell which techniques should be used: descriptive stats, inferential stats, probability, linear regression, time series). Explain why. · Apply a possible solution to the problem/opportunity, with rationale. · Evaluate how data could be used to measure the implementation of such a solution. ·

Conclusion

· References slide (if any source material is quoted or paraphrased throughout the presentation)


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QNT 275 Week 5 DQ 1

FOR MORE CLASSES VISIT www.qnt275study.com How would you select appropriate statistical tests for analysis resear ch data? What aspects of research questions or data types are releva nt considerations in choosing your tests? Why? ===============================================

QNT 275 Week 5 DQ 2

FOR MORE CLASSES VISIT www.qnt275study.com How do you know you have validated a research study based on dat a gathered from primary or secondary sources? Have you been invo lved with any product testmarketing project? Explain. How did the resulting statistics affect th e product's marketing strategy? How can organizations skew the sta tistical 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 effectiv ely 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 Individual Assignment Final z-test (Set 2)

FOR MORE CLASSES VISIT www.qnt275study.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 between the means of the data sets. Select data that have absolute zero measurements (Ratio data). You may use recorded data or made up data. The n sample size should be at least 30 in each set, but not more than 50. Prepare a paper with a table of contents. Describe the research problem, research purpose and one research question. Include a definition of the variables you are measuring. List the data. List alpha, the null and alternative hypothesis, and give a brief back ground. Do MegaStat descriptive statistics on the data and do data analysis describing the data. Do runs plot graphs. Interpret the Goodness of Fit (GOF) p-value to decide if the data is parametric (normal) or nonparametric.


-Test: Open Excel, log in both data sets. Go to Add Ins, Megastat, Hypothesis Tests, Compare Two Independent Groups, left mouse click highlight Group 1 then Group 2, check z-test in the box. OK. Conclude. Use the I5 sample as a guide. This paper should be between 900-1200 words. Post as an Individual assignment. Title the document file "z-Test I5". ===============================================

QNT 275 Week 5 Individual Assignment Final z-test

FOR MORE CLASSES VISIT www.qnt275study.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 between the means of the data sets. Select data that have absolute zero measurements (Ratio data). You may use recorded data or made up data. The n sample size should be at least 30 in each set, but not more than 50. Prepare a paper with a table of contents. Describe the research problem, research purpose and one research question. Include a definition of the variables you are measuring. List the data. List alpha, the null and alternative hypothesis, and give a brief back ground. Do MegaStat descriptive statistics on the data and do data analysis describing the data. Do runs plot graphs. Interpret the Goodness of Fit (GOF) p-value to decide if the data is parametric (normal) or nonparametric. z-Test: Open Excel, log in both data sets. Go to Add Ins, Megastat, Hypothesis Tests, Compare Two Independent Groups, left mouse


click highlight Group 1 then Group 2, check z-test in the box. OK. Conclude. Use the I5 sample as a guide. This paper should be between 900-1200 words. Post as an Individual assignment. Title the document file "z-Test I5".


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