QNT 351 Week 1 DQ 1
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Where would you see descriptive statistics used in your work place?
QNT 351 Week 1 DQ 4
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How would you define a variable? What is the difference between a dependent and independent variable? Do you think both variables are used in every research? Explain why or why not. Provide examples.
QNT 351 Week 1 DQ 5
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What is the importance of statistics in business decision making? Describe a business situation where statistics was used in making a decision.
QNT 351 Week 1 DQ 6
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What are the four data measurement scales? Provide two examples and explain the importance of each in business research.
QNT 351 Week 1 Individual Assignment Statistics in Business
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Define statistics.
Identify different types of statistics.
Describe the role of statistics in business decision making.
Write a 300-word summary providing at least three examples or problem situations in which statistics was used or could be used.
QNT 351 Week 2 DQ 1
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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 351 Week 2 DQ 2
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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.