QNT/351 Quantitative Analysis for Business (university of phoenix)

Course ScheduleOur course will meet eachThursday evening from 6–10 pm at the Honolulu Main Campus from April 18, 2013 through May 16, 2013. Specific dates for our class meetings are as follows:Week One: Thursday April 18Week Two: Thursday April 25Week Three: Thursday May 2Week Four: Thursday May 9Week Five: Thursday May 16PoliciesFaculty and students will be held responsible for understanding and adhering to all policies contained within the following two documents:· University.phoenix.edu/secure/aapd/policies/”>policies: You must belogged into the student website to view this document.· Instructor policies: This document is posted in theCourse Materialsforum.University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality.Course MaterialsLind, D. A., Marchal, W. G., & Wathen, S. A. (2011).Basic statistics for business and economics(7th ed.). New York, NY: McGraw-Hill/Irwin.McClave, J. T., Benson, P. G., & Sincich, T. (2011). Statistics for business and economics(11th ed.). Boston, MA: Pearson-Prentice Hall.All electronic materials are available on the student website.Week One: Understanding the Meaning of StatisticsDetailsDuePointsObjectives1.1Explain the role of statistics in business research and its application in business decision making.1.2Differentiate between qualitative and quantitative variables.1.3Differentiate among the four levels of measurement and how they are used in data collection for research.ReadingReadCh. 1 ofStatistics for Business and Economics.ReadingRead“Levels of Measurement” in Ch. 1 ofBasic Statistics for Business and Economics.ParticipationParticipatein class discussion andrespondto weekly in-class discussion questions.In-class4Nongraded Activities and PreparationWeek One ActivityDevelopfive demographic questions to measure gender, age, years of experience, level of education, and ethnicity. Identify the level of measurement used.Nongraded Activities and PreparationFour Levels of Measurement ScenarioData was collected by a large car manufacturer concerning a new prototype car, the Cielo. Thirty carefully selected respondents were shown the car and fully briefed about its capabilities. The data collected included age in years, gender, social status—ranging from 10, low status, to 30, high status measured by Likert scale; attitude toward the Cielo—ranging from 6, negative attitude, to 30, positive attitude measured by Likert Scale; and intention to purchase the Cielo—yes or no.Usethe previous scenario to identify the following:· Whether the data is qualitative or quantitative· The measurement level for each variableJustifyyour answer with your understanding of four levels of measurement.Develop1 to 2 research questions that could be answered by the data.Discusshow the findings might help with business decision making.Formatyour citations consistent with APA guidelines.Nongraded Activities and PreparationMyStatLab®OrientationReviewthe MyStatLab® Student InstructionsPowerPoint®presentation.Log onto MyStatLab®.Completethe MyStatLab®Orientation exercise.IndividualStatistics in BusinessWritea 300-word summary that addresses the following criteria:· Definestatistics.· Identify different types and levels of statistics.· Describe the role of statistics in business decision making.· Provide at least three examples or problem situations in which statistics was used or could be used.Attacha copy of a Plagiarism Checker report generated from the Center for Writing Excellence located on your student rEsource site. Failure to attach this report will result in a 5% reduction in your points earned. Please plan ahead for potential slow returns (up to three hours) of this report from the Center for Writing Excellence.Formatpaper consistent with APA guidelines.11:59 pmHawaiian4/18/135Week Two: Describing DataDetailsDuePointsObjectives2.1Present qualitative and quantitative data in tables and charts.2.2Calculate central tendency and dispersion.2.3Describe the shape of data distribution in charts—box plot, stem and leaf plot, dot plot, and so on.ReadingReadCh. 2 ofStatistics forBusiness and Economics.ReadingReadCh. 4 ofBasic Statistics for Business and EconomicsParticipationParticipatein class discussion andrespondto weekly in-class discussion questions.In-class4Nongraded Activities and PreparationWeek Two ActivityResource:University of Phoenix Material: Optional Activity Data SetDownloadthe optional activity data set.Reviewthe age and gender data in the data set.Displaygender information in a chart and plot age data in a box plot.Calculatethe appropriate measure of central tendency and variability for the age and gender. What conclusion can you draw from the data?IndividualMyStatLab® ProblemsCompletethe assigned problems in MyStatLab®.Note:You will have an unlimited number of attempts to answer each problem correctly.11:59 pmHawaiian4/25/136Learning TeamData Collection and PresentationUseeither the data one of your Learning Team members retained from RES/351 or the data from University of Phoenix Material: Ballard Integrated Managed Services, Inc., Part 1.Discusswith your team whether you have data from RES/351, and if your team would like to use one team member’s data for the Learning Team assignments in this course.If using data from RES/351:Resources: Data collected from RES/351Preparea 700- to 1,050-word written report along with a 5-10 minute Microsoft®PowerPoint®presentation for the senior management team or stakeholders of your RES/351 research project to present your findings.Addressthe following:· Present the chosen situation as an overview—problem, purpose, research questions, and hypotheses.· Describe the instrument used for data collection.· Identify types of data—quantitative, quantitative, or both—and how the data is collected.· Identify the level of measurement for each of the variables involved in the study.· Code the data if you have not done so. Describe how the data is coded and evaluate the procedure used.· Clean the data by eliminating the data input errors made.· Draw conclusions about appropriateness of the data to meet the purpose of the study.If you decide not to use your own data, you can use the Ballard Integrated Managed Services, Inc., case study overview:Resources: University of Phoenix Material: Ballard Integrated Managed Services, Inc., Part 1Reviewthe Ballard Integrated Managed Services, Inc. (BIMS), Part 1 case study overview.Preparea 700- to 1,050-word written report along with a 5-10 minute Microsoft®PowerPoint®presentation for the senior management team to present your findings (see Exhibit D for the data set of the second survey).Addressthe following:· Present the BIMS situation as an overview—problem, purpose, research questions, and hypotheses.· Describe the instrument used for data collection.· Identify types of data collected—quantitative, qualitative, or both—and how the data is collected.· Identify the level of measurement for each of the variables involved in the study.· Code the data if you have not done so. Describe how the data is coded and evaluate the procedure used.· Clean the data by eliminating the data input errors made.· Draw conclusions about appropriateness of the data to meet the purpose of the study.Note. As consultants to BIMS, your Learning Team is expected to prepare and deliver a professional product addressing the client’s needs.Presentyour Learning Team analysis to the class with a 5-10 minute (plus Q&A) PowerPoint presentation.11:59 pmHawaiian4/25/138Week Three: Probability Concepts and Continuous ProbabilityDetailsDuePointsObjectives3.1Explain discrete and continuous probability, rules of probability, and classical, empirical, and subjective approaches to probability.3.2Describe characteristics of standard normal distribution.3.3Calculate area between two data values and area above or below a certain value.ReadingReadCh. 3 ofStatistics for Business and Economics.ReadingReadCh. 4 ofStatistics for Business and Economics.ReadingReadCh. 5 ofBasic Statistics for Business and Economics.ParticipationParticipatein class discussion andrespondto weekly in-class discussion questions.In-class4Nongraded Activities and PreparationStandard Error of MeanCalculatestandard error of mean and make an inference about the accuracy of the mean by analyzing problem 4.164 inStatistics for Business and Economics.Nongraded Activities and PreparationAssociated ProbabilityResources: Table IV in Appendix B ofStatistics for Business and EconomicsDemonstratehow to find the area under the normal curve.Determinethe associated probability withz-score = 1.96.OpenTable IV Under Curve areas and find .475.Findthe same information by working the problem backwards, starting with the alpha (significance level).IndividualMyStatLab® ProblemsCompletethe assigned problems in MyStatLab®.Note:You will have an unlimited number of attempts to answer each problem correctly.11:59 pmHawaiian5/2/136Learning TeamSummarizing and Presenting Data and PresentationIf using RES/351 data:Revisethe report submitted in Week Two based on the feedback provided by the instructor in the Learning Team assignment, and insight gained by reading.Summarizethe 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.Summarizethe statistics in relation to the problem selected and research questions and draw conclusions.Preparea 1,050- to 1,750-word report of conclusions drawn from the data and make recommendations to the management.Supportrecommendations by citing literature consistent with APA guidelines.If using the Ballard Integrated Managed Services, Inc., (BIMS) case study overview:Revisethe report submitted in Week Two based on the feedback provided by the instructor in the Learning Team assignment, and insight gained by reading.Analyzethe data included in BIMS case study Part 1 by computing descriptive statistics in the form of tables, charts, measures of central tendency, and variability.Preparea 1,050- to 1,750-word report of conclusions drawn from the data and make recommendations to the management.Supportrecommendations by citing literature consistent with APA guidelines.Attacha copy of a Plagiarism Checker report generated from the Center for Writing Excellence located on your student rEsource site. Failure to attach this report will result in a 5% reduction in your points earned. Please plan ahead for potential slow returns (up to three hours) of this report from the Center for Writing Excellence.Formatpaper consistent with APA guidelines.Presentyour Learning Team analysis to the class with a 5-10 minute (plus Q&A) PowerPoint presentation.11:59 pmHawaiian5/2/138Week Four: Hypothesis TestingDetailsDuePointsObjectives4.1Apply the steps in testing a research hypothesis.4.2Compare the means of two or more groups.4.3Calculate the correlation between two variables.ReadingReadsections 6.1 – 6.4 in Ch. 6 ofStatistics for Business and Economics.ReadingReadsections 7.1 & 7.2 in Ch. 7 ofStatistics for Business and Economics.ReadingReadsection 8.2 in Ch. 8 ofStatistics for Business and Economics.ReadingReadsections 10.1 – 10.5 in Ch.10 ofStatistics for Business and Economics.ParticipationParticipatein class discussion andrespondto weekly in-class discussion questions.In-class4Nongraded Activities and PreparationWeek Four ActivityResource:University of Phoenix Material: Optional Activity Data SetConducthypothesis testing, using the Optional Activity Data Set to find if there is any difference in the age and work experience of male and female students in the class.Testthe hypothesis to see if there is a significant difference in the time spent in completing homework by male and female students.IndividualMyStatLab® ProblemsCompletethe assigned problems in MyStatLab®.Note:You will have an unlimited number of attempts to answer each problem correctly.11:59 pmHawaiian5/9/136Learning TeamReflection and PresentationDiscussthe 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 variablesIncludethe topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field.Preparea 350- to 1,050-word paper detailing the findings of your discussion.Attacha copy of a Plagiarism Checker report generated from the Center for Writing Excellence located on your student rEsource site. Failure to attach this report will result in a 5% reduction in your points earned. Please plan ahead for potential slow returns (up to three hours) of this report from the Center for Writing Excellence.Formatpaper consistent with APA guidelines.Presentyour Learning Team analysis to the class with a 5-10 minute (plus Q&A) PowerPoint presentation.11:59 pmHawaiian5/9/138Week Five: Integrating Research and StatisticsDetailsDuePointsObjectives5.1Select an appropriate statistical test for analysis research data based on research questions and data type.5.2Interpret data analysis results to reach conclusions.5.3Make a recommendation about a problem based on data analysis results and conclusions drawn.ReadingReviewall course textbook readings.ParticipationParticipatein class discussion andrespondto weekly in-class discussion questions.In-class4Nongraded Activities and PreparationWeek Five ActivityResource:University of Phoenix: Optional Activity Data SetUsethe Optional Activity Data Set to list the various statistical tests that can be used to compare the groups based on gender or age. Answer the following question:· What statistical analysis can be done to see the effect of both age and gender on time spent completing homework?Justifyyour answer, remembering the sample size and data type.IndividualMyStatLab® ProblemsCompletethe assigned problems in MyStatLab®.Note:You will have an unlimited number of attempts to answer each problem correctly.11:59 pmHawaiian5/16/136IndividualFinal ExaminationClickthe link to the Final Examination.Completethe Final Examination. Only one attempt is allowed, which is timed and must be completed in 3 hours.5:59 pmHawaiian5/16/1315Learning TeamAnalyzing and Interpreting Data and PresentationIf using RES/351 data:Askyour instructor for specific information regarding the analysis you are required to perform for your data set.Combineyour Week Two Learning Team assignment and Week Three findings with Week Five findings and make a recommendation to the research problem.Usethe statistical tables given in the appendices of the textbook and a statistical analysis application: a Microsoft®Excel®spreadsheet, Minitab®statistical software, or SPSS™ software.Preparea 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:Resource:University of Phoenix Material: Ballard Integrated Managed Services, Inc., Part 2.Readthe University of Phoenix Material: 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.Combineyour Week Two Learning Team assignment and Week Three findings with Week Five findings and make a recommendation to BIMS.Usethe statistical tables given in the appendices of the textbook and a statistical analysis application: a Microsoft®Excel®spreadsheet, Minitab®statistical software, or SPSS™ software.Preparea 1,050- to 1,750-word written report along with a 15-20 minute Microsoft®PowerPoint®presentation for the senior management team to present your findings (see Exhibit D for the data set of the second survey).Attacha copy of a Plagiarism Checker report generated from the Center for Writing Excellence located on your student rEsource site. Failure to attach this report will result in a 5% reduction in your points earned. Please plan ahead for potential slow returns (up to three hours) of this report from the Center for Writing Excellence.Formatpaper consistent with APA guidelines.Note. As consultants to BIMS, your Learning Team is expected to prepare and deliver a professional product addressing the client’s needs.Presentyour Learning Team analysis to the class with a 15-20 minute (plus Q&A) PowerPoint presentation.11:59 pmHawaiian5/16/1312

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