QNT 561 NERD REAL

EDUCATION / qnt561nerd.com

QNT 561 NERD REAL EDUCATION

QNT 561 Final Exam Guide (New)
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1.
The mean gas mileage for a hybrid car is 56
miles per gallon. Suppose that the gasoline
mileage is approximately normally distributed with
a standard deviation of 3.2 miles per gallon.
2.
What conditions must n satisfy to make the
x2 test valid?
3.
To use the t-statistic to test for a difference
between the means of two populations, what
assumptions must be made about the two
populations

QNT 561 NERD REAL EDUCATION

QNT 561 Final Guide (Latest)
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1. A random sample of size 15 is selected from a
normal population. The population standard
deviation is unknown. Assume the null hypothesis
indicates a two-tailed test and the researcher
decided to use the 0.10 significance level. For what
values of t will the null hypothesis not be rejected?
2. Which of the following is a characteristic of the F
distribution?

QNT 561 NERD REAL EDUCATION

QNT 561 Week 1 DQ 1
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How may variance and standard deviation be

applied to a real-world business-related problem?
Provide a specific application in which these
measures are useful.

QNT 561 NERD REAL EDUCATION

QNT 561 Week 1 DQ 2
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When would you use Chebyshevs theorem and the

empirical rule in business? How are they
calculated? Provide one real-life example that
requires Chebyshevs theorem and one that
requires the empirical rule.

QNT 561 NERD REAL EDUCATION

QNT 561 Week 1 Individual My Statslab
Problem Set
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1.
2.
and
3.
and
4.

What is statistics?
Explain the difference between descriptive
inferential statistics.
Explain the difference between qualitative
quantitative data.
Explain how populations and variables differ.

QNT 561 NERD REAL EDUCATION

QNT 561 Week 1 Lab Work (New)
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Ex 4) Two Thousand three hundred frequent
business travelers are asked which Midwestern city
they prefer: Indianapolis, Saint Louis, Chicago or
Milwaukee. 388 liked Indianapolis best, 450 liked
Saint Louis, 1212 liked Chicago and the remainder
prefers Milwaukee. Develop a frequency table and
a relative frequency table to summarize this
information (Round relative frequency to 3 decimal
places.)

QNT 561 NERD REAL EDUCATION

QNT 561 Week 2 DQ 1
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What are some examples of operational definitions

in research design within your profession? For
example, in the education field, graduation rate
and retention rate are important operational
definitions to measure progress of students.
Likewise other professions have common metrics
and definitions. Identify some metrics and
operational definitions from your own career or a
profession that you know well. Tell us why you

QNT 561 NERD REAL EDUCATION

QNT 561 Week 2 DQ 2
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What is the purpose of sampling? What are some

concerns and dangers of sampling? How important
is the sample design to data validity? Explain.
Provide an example where a sample might
misrepresent data validity. For example, reflect on
the current political campaign and the pollsters!

QNT 561 NERD REAL EDUCATION

QNT 561 Week 2 Individual My Statslab
Problem Set
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1.
A random sample of 87 observations
produced a mean = 25.7 and a standard deviation
s = 2.6.
2.
Health care workers who use latex gloves
with glove powder on a daily basis are particularly
susceptible to developing a latex allergy. Each in a
sample of 50 hospital employees who were
diagnosed with a latex allergy based on a skin-

QNT 561 NERD REAL EDUCATION

QNT 561 Week 2 Lab Work (New)
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Chapter 5:
Ex 4) A large company must hire a new president.
The Board of Directors prepares a list of five
candidates, all of whom are equally qualified. Two
of these candidates are members of a minority
group. To avoid bias in the selection of the
candidate, the company decides to select the
president by lottery.

QNT 561 NERD REAL EDUCATION

QNT 561 Week 2 Team Assignment Business Re
search Project Part 1 Business Problem and
Research Questions
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Identify an organization or business for your

Learning Team research project.
Describe the products or services it provides.
Identify a problem or dilemma faced by the
organization that could be addressed by research.
Discuss the problem as a team.

QNT 561 NERD REAL EDUCATION

QNT 561 Week 2 Team Assignment Business Re
search Project Part 1 Formulation of the R
esearch Problem
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Identify an organization from any member in your

Learning Team or an organization with which your
team is familiar. If an actual company is used,
disguise its name with a pseudonym.
Identify one independent variable and one
dependent variable based on the business.
Operationalize these variables if they are too

QNT 561 NERD REAL EDUCATION

QNT 561 Week 3 DQ 1
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In your organizations management development

program, there was a heated discussion between
people who claimed that theory is impractical and
not effective, and others who claimed that
effective theory is the most practical approach to
problems. What position would you take and why?

QNT 561 NERD REAL EDUCATION

QNT 561 Week 3 DQ 2
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You observe female sales representatives having

lower customer defections than male sales
representatives. What concepts and constructs
would you use to study this phenomenon? How
might the concepts or constructs relate to
explanatory hypotheses? Explain.

QNT 561 NERD REAL EDUCATION

QNT 561 Week 3 Individual Mystatslab
Problem Set
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1.
Which hypothesis, the null or the alternative,
is the status-quo hypothesis?
2.
A university economist conducted a study of
elementary school lunch menus. During the statemandated testing period, school lunches averaged
890 calories. The economist claimed that after the
testing period ended, the average caloric content
of the school lunches increased/dropped

QNT 561 NERD REAL EDUCATION

QNT 561 Week 3 Lab Work (New)
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Ex 2) The following is a list of 29 hospitals in the
Cincinnati (Ohio) and Northern Kentucky region.
The hospitals are identified by numbering them 00
through 28. Also included is whether the hospital is
a general medical/surgical hospital (M/S) or a
specialty hospital (S). we are interested in
estimating the average number of full- and parttime nurses employed in the area hospitals.

QNT 561 NERD REAL EDUCATION

QNT 561 Week 3 Team Assignment Business Res
earch Project Part 2 Research Plan (2 Paper
s)
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This Tutorial contains 2 different Papers

Develop a plan for your Business Research Project
in approx. 800 words.
Revise the research questions based on instructor
feedback from the previous week.
Identify population and samples for your research.

QNT 561 NERD REAL EDUCATION

QNT 561 Week 4 Discussion Descriptive Statis
tics
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Create a Microsoft Excel spreadsheet with the

two variables from a dataset for your choosing.
Analyze the data with MegaStat, StatCrunch,
Microsoft Excelor other statistical tool(s),
including:
(a) Descriptive stats for each numeric variable

QNT 561 NERD REAL EDUCATION

QNT 561 Week 4 DQ 1
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does technological advancement affect the ability

to collect data? Provide examples. Does this
advancement increase the chance for errors?
Explain.

QNT 561 NERD REAL EDUCATION

QNT 561 Week 4 DQ 2
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What is the importance of pretesting questions and

instruments? What are risks of not doing this?
Provide an example.

QNT 561 NERD REAL EDUCATION

QNT 561 Week 4 Individual Mystatslab
Problem Set
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1.
Researchers conducted a survey of a
representative sample of over 1,000 drivers. Based
on how often each driver engaged in road
behaviour, a road rage score was given. The
drivers were also grouped by annual income. The
data were subjected to an analysis of variance,
with the results summarized in the table.
2.
Researchers surveyed a random sample of 25

QNT 561 NERD REAL EDUCATION

QNT 561 Week 4 Lab Work (New)
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Chapter 10:
Ex 2) A Sample of 36 observations is selected from
a normal population. The sample mean is 12, and
the population standard deviation is 3. Conduct the
following test of hypothesis using the 0.01
significance level.

QNT 561 NERD REAL EDUCATION

QNT 561 Week 4 Team Assignment Business Res
earch Project Part 3 Survey and Data Collec
tion Plan (2 Sets)
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This Tutorial contains 2 different sets

Create a draft of the survey.
Conduct a pilot pretest having another Learning
Team in the class to provide feedback for your
team. Chet will create a message thread for each
team to place their survey in the Class Discussion

QNT 561 NERD REAL EDUCATION

QNT 561 Week 5 DQ 1
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What is the value of performing hypotheses tests

to solve problems related to business and
operations management? Provide specific
examples.

QNT 561 NERD REAL EDUCATION

QNT 561 Week 5 DQ 2
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What are differences between dependent and

independent samples? Provide examples. What are
implications for determining the tests used to
analyze data?

QNT 561 NERD REAL EDUCATION

QNT 561 Week 5 Individual Mystatslab
Problem Set
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1.
Consider the pairs of measurements shown
to the right.
2.
Researchers investigated the effect of tablet
surface area to volume on the rate at which a drug
is released in a controlled-release dosage. For six
similarly shaped tablets with different weights and
thicknesses, the diffusional drug release rate
(percentage of drug released divided by the square

QNT 561 NERD REAL EDUCATION

QNT 561 Week 5 Lab Work (New)
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Chapter 13:
Ex 6) The owner of Maumee Ford-Mercury-Volvo
wants to study the relationship between the age of
a car and its selling price. Listed below is a random
sample of 12 used cars sold at the dealership
during the last year.
a.
If we wants to estimate selling price on the
basis of the age of car, which variable is thr
dependent varialble and which is the independent

QNT 561 NERD REAL EDUCATION

QNT 561 Week 5 Team Assignment Business Res
earch Project Part 4 Data Analysis (2 Sets)
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This Tutorial contains 2 different sets

Administer the survey.

In a paper in the APA format describe the following:

Determine the sample process including sample

contact, survey distribution, and survey collection.

QNT 561 NERD REAL EDUCATION

QNT 561 Week 6 Team Assignment Business Res
earch Project Part 5 Research Report and Pr
esentation (2 Sets)
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This Tutorial contains 2 Sets of Report and

Presentation
Complete the cumulative Business Research
Report in approx. 1,500 words by collaborating
with your team to include the following:
Revised tables or figures based on prior instructor
feedback

QNT 561 NERD REAL EDUCATION