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Purpose of Assignment
The purpose of this assignment to orient students to the key concepts in statistics. This assignment will introduce students to the language of statistics. Students will also get a chance to warm-up on evaluating some basic descriptive statistics using Excel® prior to the course start.

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Instructions (Consumer Food)

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www.snaptutorial.com

Purpose of Assignment

statistics. This assignment will introduce students to the language of

statistics. Students will also get a chance to warm-up on evaluating

some basic descriptive statistics using Excel prior to the course start.

Assignment Steps

Measures Data Set

Choose:

Financial

quantitative.

Identify the level of measurement for the data in each column.

terms

For range (maximum value minus the minimum value), find the

maximum value using the Excel =MAX function and find the minimum

value using the Excel's =MIN function

mortgage household debt ($)

2694 25981 8774

16408 81694 15187

17740 96132 0

****************************************************

QNT 561 Assignment Statistics

Concepts and Descriptive Measures

Instructions (Financial Data)

For more classes visit

www.snaptutorial.com

Purpose of Assignment

statistics. This assignment will introduce students to the language of

statistics. Students will also get a chance to warm-up on evaluating

some basic descriptive statistics using Excel prior to the course start.

Assignment Steps

Measures Data Set

Choose:

Financial

quantitative.

terms

For range (maximum value minus the minimum value), find the

maximum value using the Excel =MAX function and find the minimum

value using the Excel's =MIN function

AFLAC 6 7251

Albertson's 4 14690

Allstate 6 20106

Amerada Hess 7 8340

Amoco 7 36287

Ashland 7 14319

Chevron 7 41950

CIGNA 6 14935

Cinergy 3 4353

Dillard's 1 6817

DPL 3 1356

E. I. DuPont DeNemours 2 46653

Engelhard 2 3631

Entergy 3 9562

Equitable 6 9666

****************************************************

in Asia Pacific

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www.snaptutorial.com

Review the Case Study: MBA Schools in Asia-Pacific and the Case

Study: MBA Schools in Asia-Pacific data set.

include in the report:

the columns (variables) in the dataset? If quantitative, is the data

discrete or continuous? Neatly summarize your response in a table for

all the columns (variables).

2. Using Excel, find the mean, median, standard deviation,

minimum, maximum, and the three quartiles for each of the quantitative

variables identified in part 1 above. Neatly summarize in a table on this

document. Comment on what you observe.

Which schools have the minimum and maximum full-time enrollments?

this low or high? What does this mean to prospective applicants who are

interested in pursuing an MBA in one of the leading international

business schools?

5. What are the mean, median, and modal ages? What does this

mean to prospective applicants?

which schools have 1% and 0% foreign students? Which schools have

highest percentage of foreign students? Please state these percentages.

English as a Foreign Language (TOEFL)?

percentage, does this appear to be a significant factor in gaining

admissions?

10. What are the mean and median starting salaries? Which schools

have the minimum and maximum starting salaries? How much are these

minimum and maximum salaries?

11. What are the mean tuition for foreign students and for local

students? Does there appear to be a significant difference? What is the

difference between the two means?

12. How many schools require work experience and how many of

them don't? What is the mean starting salary for schools requiring work

experience? What is the mean starting salary for schools requiring no

work experience?

13. How many schools require English tests and how many don't?

What is the mean starting salary for schools requiring English tests?

What is the mean starting salary for schools requiring no English tests?

salaries? Comment on the strength and the direction of the correlation.

3. Find the mean, median, and mode for starting salaries and

compare the three measures to determine skewness.

determine whether the salaries follow the Empirical Rule.

international. A survey shows more and more Asians choose the master

of business administration (MBA) degree route to corporate success. As

a result, the number of applicants for MBA courses at Asia-Pacific

schools continues to increase.

to temporarily shelve their careers and spend two years in pursuit of a

theoretical business qualification. Courses in these schools are

notoriously tough and include statistics, economics, banking, marketing,

behavioral sciences, labor relations, decision making, strategic thinking,

business law, and more.

division, Bloomberg Business. Your division publishes reviews and

rankings for business schools in the US and internationally. Because of

your strong analytical education from University of Phoenix, your boss

assigns you to work on preparing an analysis for data gathered for

leading business schools in the Asia-Pacific. The data set in the

Excel file shows some of the characteristics of the leading Asia-Pacific

business schools.

****************************************************

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