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QNT/351 Final Exam

1) The main purpose of descriptive statistics is to

A. summarize data in a useful and informative manner

B. make inferences about a population

C. determine if the data adequately represents the population

D. gather or collect data

2) The general process of gathering, organizing, summarizing, analyzing, and interpreting data is called

A. statistics

B. descriptive statistics

C. inferential statistics

D. levels of measurement

3) The performance of personal and business investments is measured as a percentage, return on investment. What type of variable is return on investment?

A. Qualitative

B. Continuous

C. Attribute

D. Discrete

4) What type of variable is the number of robberies reported in your city?

A. Attribute

B. Continuous

C. Discrete

D. Qualitative

5) What level of measurement is the number of auto accidents reported in a given month?

A. Nominal

B. Ordinal

C. Interval

D. Ratio

6) The names of the positions in a corporation, such as chief operating officer or controller, are examples of what level of measurement?

A. Nominal

B. Ordinal

C. Interval

D. Ratio

7) Shoe sizes, such as 7B, 10D, and 12EEE, are examples of what level of measurement?

A. Nominal

B. Ordinal

C. Interval

D. Ratio

8) Monthly commissions of first-year insurance brokers are $1,270, $1,310, $1,680, $1,380, $1,410, $1,570, $1,180, and $1,420. These figures are referred to as

A. a histogram

B. raw data

C. frequency distribution

D. frequency polygon

9) A small sample of computer operators…...

...QNT/351 UoP November 2013 1) The main purpose of descriptive statistics is to A. summarize data in a useful and informative manner B. make inferences about a population C. determine if the data adequately represents the population D. gather or collect data The answer is A 2) The general process of gathering, organizing, summarizing, analyzing, and interpreting data is called A. statistics B. descriptive statistics C. inferential statistics D. levels of measurement The answer is A 3) The performance of personal and business investments is measured as a percentage, return on investment. What type of variable is return on investment? A. Qualitative B. Continuous C. Attribute D. Discrete The answer is B 4) What type of variable is the number of robberies reported in your city? A. Attribute B. Continuous C. Discrete D. Qualitative The answer is C 5) What level of measurement is the number of auto accidents reported in a given month? A. Nominal B. Ordinal C. Interval D. Ratio The answer is D 6) The names of the positions in a corporation, such as chief operating officer or controller, are examples of what level of measurement? A. Nominal B. Ordinal C. Interval D. Ratio The answer is A 7) Shoe sizes, such as 7B, 10D, and 12EEE, are examples of what level of measurement? A. Nominal B. Ordinal C. Interval D. Ratio The answer is C 8) Monthly commissions of first-year insurance brokers are $1,270, $1,310...

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...Home / Final Exam / RES 351 Final Exam Answers 2013 RES 351 Final Exam Answers 2013 RES 351 Final Exam Answers 2013 RES 351 Final Exam Answers 2013 RES 351 Final Exam Answers 2013 RES 351 Final Exam Answers 2013 by ACCNerd $9.99 The incredibly difficult RES 351 final exam is a scary thought! Most people score in the 50% to 60% range on this test. Don't be one of them. We've spent countless hours zeroing in on the correct answers the final business research test. Let us help you reach your highest potential on this exam. Not only will you get an awesome grade, but our answer explanations will help you learn the material effectively. RES 351 Final Exam Instant Download. 100% Accurate. What's Inside the RES351 Answers Study Guide? Content: A custom study guide with 30 answers and explanations at 100% accuracy. Type: Instant Download Format: Microsoft Word Version: 2013 Exam Version Freshly Updated for 2013-2014! Update Notes: Updated and verified on November 8th, 2013. Guaranteed A on the test or your money back! All questions also include explanations to help you fully comprehend the test concepts. Free RES 351 Final Exam Answer Samples 1. The process of stating the basic dilemma and then developing other questions by progressively breaking down the original question into more specific ones is called the _____. A. research question B. management-research question hierarchy C. management dilemma D. management...

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...? I am usually on campus about 1-hour before the class starts. You may send me an email, which I will promptly reply. In addition, in significant duress, call my phone number, and if you get my voicemail, I will return your call promptly. For emergencies, when you are not able to gain access to messages on the Online Learning System (OLS), please send a message to my personal email address. In the event a third party needs to contact me, please direct them to my contact information listed under "facilitator information." No third party should use your login credentials to gain access to the classroom. You may print a copy of this syllabus or you may want to stay green and kept it in electronic form. Whenever there is a question about what assignments are due, please remember this syllabus is considered the ruling document. COPYRIGHT: University of Phoenix® is a registered trademark of Apollo Group, Inc. in the United States and/or other countries. Microsoft®, Windows®, and Windows NT® are registered trademarks of Microsoft Corporation in the United States and/or other countries. All other company and product names are trademarks or registered trademarks of their respective companies. Use of these marks is not intended to imply endorsement, sponsorship, or affiliation. Final exams contain third-party copyrighted materials. Portions are: Copyright © 2011 University of Phoenix. All rights reserved. Copyright © 2011 John Wiley & Sons. All rights reserved...

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...FIN 370 Final Exam Answers – Updated 2014-15 Thank you for using ACCNERD.com. We love helping you earn better grades! About this Study Guide The purpose of this study guide is to help you earn better grades on our FIN 370 final exam. Each question is solved by our tutor team based on submissions we have received from students. We also include detailed explanations for each problem. This helps students gain a full understanding of why the answer is correct. If you need additional help, feel free to contact the b-school gurus at ACCNERD.com. Good luck! 1. Which of the following is true regarding Investment Banks? As of 2010, stand alone Investment banks are numerous. Explanation: The Glass-Stegal Act was intended to keep commercial banks and investment banks as separate entities. The act was repealed in 1999. As of today, there are many stand alone investment banks. 2. We compute the profitability index of a capital-budgeting proposal by Initial outlay = $1,748.80 Dividing the present value of the annual after-tax cash flows by the cost of the project. Explanation: The profitability index is calculated as Net Present Value / Initial Outlay. 3. Project Sigma requires an investment of $1 million and has a NPV of $10. Project Delta requires an investment of $500,000 and has a NPV of $150,000. The projects involve unrelated new product lines. What is your evaluation of these two projects? Both projects should be accepted because they have...

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...BIMS Research Study Overview QNT/351 August 21, 2014, RANDALL ELKINS August 21, 2014. BIMS Research Study Overview (Part 1) Headquartered in New York City, The Ballard Integrated Managed Services (BIMS) is a support service company that specializes in providing housekeeping and food services to many corporations and institutions to include 22 Fortune-100 businesses. The focus of the research is the BIMS site at Douglas Medical Center (BIMS-DMC). The problem BIMS is facing is to determine the cause for the decrease in worker productivity and morale, which resulted in an increase in complaints from the hospital staff and administration. The purpose of the survey is for BIMS-DMC employees to express their view about their job and to compute descriptive and frequency techniques and further study data for possible correlations. The research questions ask if respondents enjoy working for BIMS, how many times they have called in sick, if they are well trained, if their pay is fair, and if they like their supervisor. Our assumption is that at 17% participation, this survey will not have enough participants to get enough data to determine the problems in BIMS-DMC; a larger sampling or new sampling method may need to apply. The instrument used in collecting the data was from a sample survey. In some sample surveys, a couple of included questions, could stem from demographics and age brackets. Also, some of other areas of consideration includes a rating...

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...QNT 351 August 27, 2014 Henry Jacobs In this report we will revise, summarize, and present our updated data for BIMS case study review. Analyzing the descriptive statistics helps our team breakdown the basic features of quantitative data results from the survey. However, we do not want to risk the chance of distorting our original findings, but use these statistics to analyze the comparisons of answers from employees and departments. Utilizing the central tendency which are three measures: mean, mode, and median allows us to give senior management raw data to make better decisions with. Measures of Variability findings enables us to differentiate results from BIMS surveys which differs from their mean. Our overall recommendation and analysis will be given to senior management within this paper off the current raw data. Data Collected The type of data collected in the survey conducted was quantitative as the data collected in the surveys was expressed numerically. Some of the questions were qualitative however the responses given were provided based on a numerical response. The survey had employees’ answer the question provided based on a scale 1-5, one being very negative and five being very positive. The data collected was later coded and entered into a spreadsheet by Debbie’s office support staff however; some errors existed when keying in the wrong number for the response provided and inputting zeros when the option was not available to employees, zero indicated...

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...1) What is the primary function or purpose of descriptive statistics? Summarize complex data in a useful and informative way Explanation: In other words, descriptive statistics is all about making sense of complex data. 2) What do we call the process of gathering, organizing, summarizing, analyzing, and interpreting data? Statistics Explanation: This is the most basic definition of statistics. 3) The performance of financial investments is measured with a percentage know as return on investment. What kind of variable do we call return on investment? Continuous Explanation: The variable amount is constantly changing with the financial environment, thus called continuous. 4) What kind of variable is the amount of burglaries reported in a particular city? Discrete Explanation: A discrete variable is only able to collect data from a finite number of values. Infinite values cannot be accepted. 5) Name the level of measurement of the total number of auto accidents reported in a certain month? Ratio Explanation: Measuring an exact point on the scale is considered the ratio level of measurement. 6) The titles of the job positions in a company, such as chief operating officer or CEO, are examples of what level of measurement? Nominal Explanation: The nominal scale differentiates between items or subjects based only on their names. 7) Sneaker sizes, such as 6A, 11D, and 14FF, would be considered which level of...

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...QNT 351 Final Exam Guide To Purchase this Tutorial Copy And Paste Below Link In Your Browser http://www.homework-bank.com/downloads/qnt-351-final-exam-guide/ For Any Information or Any Class Which you Did not find on Our Website , Just Hit US Email On below address Email Address: hworkbank@gmail.com Visit Our Website : http://www.homework-bank.com/ QNT 351 Final Exam Guide 1) The main purpose of descriptive statistics is to A. summarize data in a useful and informative manner B. make inferences about a population C. determine if the data adequately represents the population D. gather or collect data 2) The general process of gathering, organizing, summarizing, analyzing, and interpreting data is called A. statistics B. descriptive statistics C. inferential statistics D. levels of measurement 3) The performance of personal and business investments is measured as a percentage, return on investment. What type of variable is return on investment? A. Qualitative B. Continuous C. Attribute D. Discrete 4) What type of variable is the number of robberies reported in your city? A. Attribute B. Continuous C. Discrete D. Qualitative 5) What level of measurement is the number of auto accidents reported in a given month? A. Nominal B. Ordinal C. Interval D. Ratio 6) The names of the positions in a corporation, such as chief operating officer or controller, are examples of what level of measurement? A. Nominal B. Ordinal C. Interval D. Ratio 7) Shoe...

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...Statistics By Rafael Mulero October 14, 2015 QNT 310 Robert Grauer Statistics Statistics can be defined as the science of data that involves organizing, classifying, collecting, interpreting, summarizing, and analyzing numerical information. The types of statistics consist of descriptive and inferential statistics. Descriptive statistics is the use of graphical and numerical methods that locate patterns in data, by doing this it summarizes the data collected, and presents the information in a simplified form. With inferential statistics it uses the sample data to make predictions, decisions, estimates or other generalizations about a larger collection of data. There are other two classifications of statistics and they are qualitative and quantitative. When measurements cannot be measured on a regular numerical scale this is referred to as qualitative data. Qualitative data can only be classified into one of the groups of categories. When data is recorded on a naturally occurring numerical scale is quantitative data. Statistics plays a major role in business decision making. Many companies use statistics to determine whether they’re going to keep a product or service on the market. Also, when making potential decisions when trying to introduce a new product to the market. Companies don’t only use statistics for product or services, they also use it for determining the demographics in the area. They critically assess the data collected and try to generate or produce the......

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...) percent’s and proportions c) proportions d) percent’s 14. Which of the following goals should a good survey instrument accomplish? a) Encourage each participant to provide accurate responses b) Encourage participants to be succinct in their responses c) Encourage participants to answer only those questions they are comfortable answering d) Encourage participants to end the survey when they feel they have contributed enough information Final Exam Answers just a click away QNT 561 final 15. Kroger, a grocery store chain, wants to identify the ideal store layout for increasing store sales. Because it primarily uses two store designs, one a grid layout with vertical aisles divided by a center aisle and another using a traditional straight-aisle pattern, Kroger will match pairs of stores that have different designs but similar shopper demographics and location. Sales from each pair will then be compared to determine if store design is related to sales. Which type of study is this an example of? a) Exploratory study b) Case study c) Ex post facto study d) Longitudinal study 16. Bones Brothers & Associates prepare individual tax returns. Over prior years, Bones Brothers has maintained careful records regarding the time to prepare a return. The mean time to prepare a return is 90 minutes and the standard deviation of this distribution is 14 minutes. Suppose 100 returns from this year are selected and analyzed regarding the preparation time. What assumption do you......

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...RES 351 FINAL EXAM To purchase this visit here: http://www.activitymode.com/product/res-351-final-exam/ Contact us at: SUPPORT@ACTIVITYMODE.COM RES 351 FINAL EXAM 1) Northwest Airlines applied mathematical models to determine which customers in its database were currently responsible for most of its profitability and which customers were not currently profitable but had similar characteristics to the most profitable customers. Northwest Airlines utilized _____ to identify these customers. A. computer programming B. data warehousing C. customer relationships management D. data mining 2) Minute Maid sees research as the fundamental first step in any business decision, and it created proprietary methods for conducting research. At what level of the hierarchy of business decision makers does Minute Maid operate? A. Top tier B. Middle tier C. Base tier D. Foundation tier 3) Which of the following questions is considered first when discussing a management dilemma? A. How can management eliminate negative symptoms? B. What does the manager need to know to choose the best alternative from the available sources of action? C. What is the recommended course of action? D. What symptoms cause management concern? 4) The goal of ethics in research is to _____. A. ensure that no one is harmed B. protect researchers from legal liability C. identify what behavior is appropriate D. ensure research sponsors fulfill their legal obligations 5) _____ occurs when the...

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...Devry FIN 351 Final Exam IF You Want To Purchase A+ Work then Click The Link Below For Instant Down Load http://www.hwspeed.com/Devry-FIN-351-Final-Exam-4343940698.htm?categoryId=-1 IF You Face Any Problem Then E Mail Us At JOHNMATE1122@GMAIL.COM Question Page 1 Question 1.1.(TCO 1) Which of the following investments would theoretically always carry the highest risk premium? (Points : 4) A U.S. treasury bill Common stock Preferred stock Corporate bond Question 2.2.(TCO 1) From the investment banker's point of view, the major reason syndicates are formed in the distribution of large issues is for the purpose of (Points : 4) improving the liquidity of the issue. improving geographic distribution. reducing the underwriter's risk. improving brand recognition. Question 3.3.(TCO 1) A _____ requires full payment for the purchase of securities, whereas a _____ allows the investor to borrow a portion of the purchase price from the brokerage firm. (Points : 4) money market account; cash account cash account; charge account cash account; margin account type 5 account; type 2 account Question 4.4.(TCO 2) The composite index of leading indicators, made up of 10 leading indicators, has historically (Points : 4) not always preceded changes in the business cycle. given roughly the same notice at peaks as at troughs. varied widely in its timing of notice at peaks and troughs. More than one of the above Question 5.5.(TCO 2) Why would an investor want...

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...QNT 351 Entire Course Purchase here http://homeworkonestop.com/QNT%20351/qnt-351-entire-course Product Description QNT 351 Week 1 Individual Assignment Statistics in Business QNT 351 Week 1 DQ 1 QNT 351 Week 1 DQ 2 QNT 351 Week 1 DQ 3 QNT 351 Week 1 DQ 4 QNT 351 Week 1 DQ 5QNT 351 Entire Course Purchase here http://homeworkonestop.com/QNT%20351/qnt-351-entire-course Product Description QNT 351 Week 1 Individual Assignment Statistics in Business QNT 351 Week 1 DQ 1 QNT 351 Week 1 DQ 2 QNT 351 Week 1 DQ 3 QNT 351 Week 1 DQ 4 QNT 351 Week 1 DQ 5 QNT 351 Week 1 DQ 6 QNT 351 Week 2 Individual Assignment Data Collection QNT 351 Week 2 Individual Assignment My StatsLab 10 Problems QNT 351 Week 2 DQ 1 QNT 351 Week 2 DQ 2 QNT 351 Week 2 DQ 3 QNT 351 Week 2 DQ 4 QNT 351 Week 2 DQ 5 QNT 351 Week 3 Individual Assignment Real Estate Data QNT 351 Week 3 Team Assignment Summarizing and Presenting Data QNT 351 Week 3 DQ 1 QNT 351 Week 3 DQ 2 QNT 351 Week 3 DQ 3 QNT 351 Week 3 DQ 4 QNT 351 Week 3 Individual Assignment My StatsLab 14-Problems QNT 351 Week 4 Individual Assignment Real Estate Data QNT 351 Week 4 Individual Assignment MyStatsLab 14-Problems QNT 351 Week 4 Learning Team Reflection QNT 351 Week 4 DQ 1 QNT 351 Week 4 DQ 2 QNT 351 Week 4 DQ 3 QNT 351 Week 4 DQ 4 QNT 351 Week 5 Individual Assignment Real Estate Data QNT 351 Week 5 Learning Team Assignment Analyzing and Interpreting Data Paper and Presentation QNT 351 Week...

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...QNT 351 Final Exam To Buy This material Click below link http://www.uoptutors.com/QNT-351/QNT-351-Final-Exam. 1) The main purpose of descriptive statistics is to A. summarize data in a useful and informative manner B. make inferences about a population C. determine if the data adequately represents the population D. gather or collect data 2) The general process of gathering, organizing, summarizing, analyzing, and interpreting data is called A. statistics B. descriptive statistics C. inferential statistics D. levels of measurement 3) The performance of personal and business investments is measured as a percentage, return on investment. What type of variable is return on investment? A. Qualitative B. Continuous C. Attribute D. Discrete 4) What type of variable is the number of robberies reported in your city? A. Attribute B. Continuous C. Discrete D. Qualitative 5) What level of measurement is the number of auto accidents reported in a given month? A. Nominal B. Ordinal C. Interval D. Ratio 6) The names of the positions in a corporation, such as chief operating officer or controller, are examples of what level of measurement? A. Nominal B. Ordinal C. Interval D. Ratio 7) Shoe sizes, such as 7B, 10D, and 12EEE, are examples of what level of measurement? A. Nominal B. Ordinal C. Interval D. Ratio 8) Monthly commissions of first-year insurance brokers are $1,270, $1,310, $1,680, $1,380, $1,410, $1,570, $1,180, and $1,420. These...

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...QNT 561 FINAL EXAM Click Link Below To Buy: http://hwaid.com/shop/qnt-561-final-exam/ 1) A difference between calculating the sample mean and the population mean is A) Only in the symbols, we use instead of μ and n instead of N B) We divide the sum of the observations by n - 1 instead of n. C) The observations are ranked and select the middle value for the population mean. D) There are no differences. 2) Which of the following measures of central location is affected most by extreme values? A) Median B) Mean C) Mode D) Geometric mean 3) Which level of measurement is required for the median? A) Nominal B) Ordinal C) Interval D) Ratio 4) Which level of measurement is required for the mode? A) Nominal B) Ordinal C) Interval D) Ratio 5) In a set of observations, which measure of central tendency reports the value that occurs most often? A) Mean B) Median C) Mode D) Geometric mean 6) The weighted mean is a special case of the A) Mean B) Median C) Mode D) Geometric mean 7) The relationship between the geometric mean and the arithmetic mean is A) They will always be the same. B) The geometric mean will always be larger. C) The geometric mean will be equal to or less than the mean. D) The mean will always be larger than the geometric mean. 8) Suppose you compare the mean of raw data and the mean of the same raw data grouped into a frequency distribution...

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