QNT 351 Week 2 Complete Quantitative Analysis for Business

QNT 351 Week 2

                                   Quantitative Analysis for Business

 

 

QNT 351Week 2 DQ1

Can mean, median, or mode be calculated from all statistical data? Explain why or why not. When is the mean the best measure of central tendency? When is the median the best measure of central tendency?

 

QNT 351Week 2 DQ2

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 351 Week 2 DQ3

What level of data is a telephone number? Explain.

 

QNT 351Week 2 DQ4

Does all data have a mean, median, or mode? Why or why not? When is the mean the best measure of central tendency? When is the median the best measure of central tendency?

 

QNT 351Week 2 DQ5

Why is the population shape a concern when estimating a mean? What effect does sample size, n, have on the estimate of the mean?

 

·         QNT 351 Week 2 Individual Assignment My StatsLab 10-Problems

 

·         QNT 351 Week 2 Learning Team Assignment (Data Collection) 1400 Words

 

·         QNT 351 Week 2 Learning Team Assignment Data Collection Presentation 7 Slides

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