QNT 561 Wk 2 \u2013 Case Study: MBA Schools in Asia-Pacific<\/p>\n
Purpose of Assignment<\/p>\n
The purpose of this assignment is to develop students\u2019 analytical capabilities to evaluate, analyze, and apply descriptive statistics techniques to real-world datasets.<\/p>\n
Assignment Steps<\/p>\n
Resources: Microsoft Excel\u00ae, Case Study: MBA Schools in Asia-Pacific<\/p>\n
Review the Case Study: MBA Schools in Asia-Pacific and the Case Study: MBA Schools in Asia-Pacific Data set.<\/p>\n
Prepare a 1,050-word managerial report for your boss.<\/p>\n
Use the following questions for guidelines and directions on what to include in the report:<\/p>\n
What is the type of data (Quantitative or Qualitative) for each of the columns (variables) in the dataset? If quantitative, is the data discrete or continuous? Neatly summarize your response in a table for all the columns (variables).
\nUsing Excel\u00ae, find the mean, median, standard deviation, minimum, maximum, and the three quartiles for each of the quantitative variables identified in part 1 above. Neatly summarize in a table on this document. Comment on what you observe.
\nWhat are the minimum and maximum full-time enrollments? Which schools have the minimum and maximum full-time enrollments?
\nWhat is the average number of students per faculty member? Is this low or high? What does this mean to prospective applicants who are interested in pursuing an MBA in one of the leading international business schools?
\nWhat are the mean, median, and modal ages? What does this mean to prospective applicants?
\nWhat is the mean percentage of foreign students? How many and which schools have 1% and 0% foreign students? Which schools have highest percentage of foreign students? Please state these percentages.
\nWhat percentage of schools require the GMAT test?
\nWhat percentage of schools require English tests such as Test of English as a Foreign Language (TOEFL)?
\nWhat percentage of schools require work experience? From this percentage, does this appear to be a significant factor in gaining admissions?
\nWhat are the mean and median starting salaries? Which schools have the minimum and maximum starting salaries? How much are these minimum and maximum salaries?
\nWhat are the mean tuition for foreign students and for local students? Does there appear to be a significant difference? What is the difference between the two means?
\nHow many schools require work experience and how many of them don\u2019t? What is the mean starting salary for schools requiring work experience? What is the mean starting salary for schools requiring no work experience?
\nHow many schools require English tests and how many don\u2019t? What is the mean starting salary for schools requiring English tests? What is the mean starting salary for schools requiring no English tests?
\nComment on the skewness for the data on starting salaries:
\nPlot a histogram and determine the skewness.
\nFind the skewness coefficient.
\nFind the mean, median, and mode for starting salaries and compare the three measures to determine skewness.
\nFinally, use Empirical Rule on the starting salaries and determine whether the salaries follow the Empirical Rule.
\nFormat your assignment consistent with APA format.<\/p>\n
Submit your assignment.<\/p>\n
Resources
\nCase Study: MBA Schools in Asia-Pacific Grading Guide
\nCenter for Writing Excellence
\nReference and Citation Generator
\nGrammar and Writing Guides<\/p>\n","protected":false},"excerpt":{"rendered":"
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