sk your instructor for specific information regarding the analysis you are required to perform for your data set. Combine your Week Two Learning Team assignment and Week Three findings with Week Five findings and make a recommendation to the research problem. Use the statistical tables given in the appendices of the textbook and a statistical analysis application: a Microsoft® Excel® spreadsheet, Minitab® statistical software, or SPSS™ software. Prepare a 1,050- to 1,750-word written report along with a 7- to 9-slide Microsoft® PowerPoint® presentation for the senior management team to present your findings. If using the Ballard Integrated Managed Services, Inc. (BIMS) case study overview: Read the: Ballard Integrated Managed Services, Inc., Part 2. Your team acts as a consultant group that analyzes and interprets this second set of data. The intent is to increase senior management’s understanding of the sources of employee dissatisfaction and to create a model that predicts employee resignation. Combine your Week Two Learning Team assignment and Week Three findings with Week Five findings and make a recommendation to BIMS. Use the statistical tables given in the appendices of the textbook and a statistical analysis application: a Microsoft® Excel® spreadsheet, Minitab® statistical software, or SPSS™ software. Prepare a 1,050- to 1,750-word written report along with a 7- to 9-slide Microsoft® PowerPoint® presentation for the senior management team to present your findings (see Exhibit D for the data set of the second survey). Note. As consultants to BIMS, your Learning Team is expected to prepare and deliver a professional product addressing the client’s needs.

**Published:**Dec 9, 2015

Resources: Appendix A1 at the end of Basic Statistics for Business and Economics Answer question 58 in the Data Set Exercises from Ch. 10 of Basic Statistics for Business and Economics. Answer question 62 in the Data Set Exercises from Ch. 13 of Basic Statistics for Business and Economics.

**Published:**Dec 9, 2015

QNT 351 Week 5 Indivdiual Assignment MyStatsLab Problems

**Published:**Dec 9, 2015

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 Comparing the means of two or more groups Calculating the correlation between two variables Include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field. Prepare a 350- to 1,050-word paper detailing the findings of your discussion. Click the Assignment Files tab to submit your assignment.

**Published:**Dec 9, 2015

Resources: Appendix A1 at the end of Basic Statistics for Business and Economics Answer question 60 (both parts a. and b.) in the Data Set Exercises from Ch. 6 of Basic Statistics for Business and Economics. Answer question 54 (both parts a. and b.) in the Data Set Exercises from Ch. 7 of Basic Statistics for Business and Economics.

**Published:**Dec 9, 2015

QNT 351 Week 4 Individual Assignment MyStatsLab 14-Problems This tutorial contains 2 Sets of stats lab problems also This tutorial contains excel file which can be used to solve your lab problems even if the values doesn’t match 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 c. the number of fish caught during a fishing tournament d. the time it takes to fly from city A to city B e. the number of points scored during a basketball game a. Is the number of textbook authors now sitting at a computer? A. The random variable is discrete 2. Determine whether the random variable is discrete or continuous. In each case, state the possible values of the random variable. (a) the number of light bulbs that burn out in the next week in room with 17 bulbs (b) the amount of rain in City B during April (a) Is the number of light bulbs that burn out in the next week in room with 17 bulbs discrete or continuous? A. The random variable is continuous. The possible values are 0≤x≤17 B. The random variable is discrete. The possible values are 0, 1, 2, …, 17 C. The random variable is continuous. The possible values are 0, 1, 2, …, 17 D. The random variable is discrete. The possible values are 0≤x≤17 3. The random variable x has the following discrete probability distribution. Complete parts a trough f. a. List the values x may assume. 1, 4, 5, 8, 9 b. What value of x is most probable? 9 c. Display the probability distribution as a graph. Choose the correct graph bellow. 4. A discrete random variable x can assume five possible values 2, 3, 5, 7, and 9. Its probability distribution is shown here. Complete parts a trough c. Question 5 Set 1 6. Find the following probabilities for the standard normal random variable z. a. P(z>1.79) b. P(z< -1.46) c. P(0.54 ≤ z ≤ 2.67) d. P(- 2.34 < z > 1.77) For this question to get quick solution use excel file 7. Find the area under the standard normal probability distribution between the following pairs of z – scores. For this question to get the solution quickly use excel file a. z=0 and z=3.00 b. z=0 and z=1.00 c. z=0 and z=2.00 d. z=0 and z=0.62 8. Find the area under the standard normal probability distribution between the following pairs of z – scores. For this question to get the solution quickly use excel file a. z=0 and z=1.00 9. Find the following probability for the standard normal random variable z. For this question to get the solution quickly use excel file 10. Suppose the random variable x is best described by a normal distribution with µ = 26 and = 5. Find the z score that corresponds to each of the following x – values. For this question to get the solution quickly use excel file 11. Suppose x is a normal distributed random variable with µ = 11 and = 2. Find each of the following probabilities. For this question to get the solution quickly use excel file 12. The ages of a group of 50 women are approximately normally distributed with a mean of 48 years and a standard deviation of 5 years. One woman is randomly selected from the group, and her age is observed. For this question to get the solution quickly use excel file a. Find the probability that her age will fall between 55 and 59 years. b. Find the probability that her age will fall between 47 and 53 years. c. Find the probability that her age will be less than 35 years. d. Find the probability that her age will exceed 41 years 13. Financial analysts who make forecasts of stock prices are categorized as either “buy-side” analysts or “sell-side” analysts. The mean and standard deviation of the forecast errors for both types of analysts are shown is the table to the right. Assume that the distribution of forecast errors are approximately normally distributed. For this question to get the solution quickly use excel file 14. The mean gas mileage for a hybrid car is 57 miles per gallon. Suppose that the gasoline mileage is approximately normally distributed with a standard deviation of 3.5 miles per gallon. a. What is the probability that a randomly selected hybrid gets more than 62 miles per gallon? b. What is the probability that a randomly selected hybrid gets 50 miles per gallon or less? 15. Resource Reservation Protocol (RSVP) was originally designed to establish signaling links for stationary networks. RSVP was applied to mobile wireless technology. A simulation study revealed that the transmission delay (measured is milliseconds) of an RSVP linked wireless device has an approximate normal distribution with mean µ=46.5 milliseconds and = 8.5 milliseconds. Complete part a and b.

**Published:**Dec 9, 2015

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?

**Published:**Dec 9, 2015

Please explain the five steps used in hypothesis testing. How does the five-step procedure for hypothesis testing differ when comparing two groups using a t- or z-test? How is the process similar?

**Published:**Dec 9, 2015

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 likely to occur? What can be done to reduce the likelihood of incurring this error?

**Published:**Dec 9, 2015

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?

**Published:**Dec 9, 2015

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. Summarize the 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. Summarize the statistics in relation to the problem selected and research questions and draw conclusions. Prepare a 1,050- to 1,750-word report of conclusions drawn from the data and make recommendations to the management. Support recommendations by citing literature consistent with APA guidelines. If using the Ballard Integrated Managed Services, Inc., (BIMS) case study overview: Revise the report submitted in Week Two based on the feedback provided by the instructor in the team assignment, and insight gained by reading. Analyze the data included in BIMS case study Part 1 by computing descriptive statistics in the form of tables, charts, measures of central tendency, and variability. Prepare a 1,050- to 1,750-word report of conclusions drawn from the data and make recommendations to the management. Support recommendations by citing literature consistent with APA guidelines.

**Published:**Dec 9, 2015

Resources: Appendix A1 at the end of Basic Statistics for Business and Economics Answer question 68 in the Data Set Exercises from Ch. 3 of Basic Statistics for Business and Economics. Answer question 34 in the Data Set Exercises from Ch. 4 of Basic Statistics for Business and Economics.

**Published:**Dec 9, 2015

QNT 351 Week 3 Individual Assignment My StatsLab 14-Problems This tutorial contains 2 Sets of stats lab problems also This tutorial contains excel file which can be used to solve your lab problems even if the values doesn’t match 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. 2. In one university, language professors incorporated a 10-week extensive readings program to improve students’ Japanese reading comprehension. The professor collected 262 books originally written for Japanese children and required their students to read at least 40 of them as part of the grade in course. The books were categorized into reading levels (color-coded for easy selection) according to length and complexity. Complete parts a trough c. We have another set of Question 2 with different values of pie chart, scroll down to see if it 3. One organization estimates that there are 13,140 rhinoceroses living in the wild in a continent. A breakdown of the number of rhinos of each species is reported in the accompanying table. Complete parts a trough c. a. One of the 13,140 rhinoceroses is selected and the species of the rhinoceros is determined. What type of data (quantitative or qualitative) is measured? 4. One organization estimates that there are 13,090 rhinoceroses living in the wild in a continent. A breakdown of the number of rhinos of each species is reported in the accompanying table. Complete parts a through c. a. One of the 13,090 rhinoceroses is selected and the species of the rhinoceroses is determined. What type of data (qualitative or quantitative) is measured? 5. A government study found that the number of non-cash payments in a country reached 92.7 billion transactions during the year 2007. The pie chart to the right describes the proportions of these non-cash transactions that were made with credit cards (CC), debit cards (D), checks (C), electronic benefit transfers (EBT) cards, and automatic clearing house (ACH) payments. Complete parts a trough d. a. Describe the population of interest in the study. Choose the correct answer bellow. A. The population is the country making the transactions during the year B. The population is the government that conducted the survey C. The population is all transactions made using a credit card or debit card during the year D. The population is all non-cash transactions made during the year 6. A group of marketing professors asked every fourth adult entrant to a mall to participate in a study. A total of 106 shoppers agreed to answer the question, “Made locally’ means what percentage of local labor and materials?” The responses of the 106 shoppers are summarized in the table to the right. Complete parts a trough c bellow. a. What type of data-collection method was used? A. Designed experiment B. Survey 7. Use the relative frequency table shown to the right to calculate the number of the 400 measurements falling into each of the measurement classes. Then graph a frequency histogram for these data. Calculate the number of measurements that fall into each class 8. Use the relative frequency table shown to the right to calculate the number of the 400 measurements falling into each of the measurement classes. Then graph a frequency histogram for these data. 9. Consider the stem-and-leaf display to the right: a. How many observations were in the original data set? b. In the bottom row of the stem-and-leaf display, identify the stem, and the numbers in the original data set represented by this stem and its leaves. 10. Certain measurements are summarized in the histogram to the right. What percentage of the measurement are greater then 12? The histogram shows that 35% of the measurements are greater than 12 11. Calculate the mean and median of the following grade point averages. 2.1 3.8 2.7 3.4 2.3 3.3 12. Calculate the mean for samples for which the sample size and ∑x are given bellow a. n=10, ∑x=83 b. n=16, ∑x=352 c. n=45, ∑x=36 d. n=18, ∑x=238 _ 13. Five banks have been ranked by the amount charged to credit and debit cards issued by the banks. The table to the right gives the total amount charged in 2007 for the top ranked banks. a. Find the mean amount charged for the top five banks and practically interpret this value b. Find the median amount charged for the top five banks and practically interpret this value. 14. Calculate the range, variance, and standard deviation for the following sample 5, 2,1,0,1 15. Calculate the variance and standard deviation for samples with the following statistics

**Published:**Dec 9, 2015

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.

**Published:**Dec 9, 2015

What are the basic differences between a discrete and a continuous distribution?

**Published:**Dec 9, 2015

What is the role of probability concepts in business decision-making? Provide specific examples.

**Published:**Dec 9, 2015