Course Design Guide QNT/351 Version 2

Syllabus
School of Business QNT/351 Version 2 Quantitative Analysis for Business
Copyright 2012, 2011 by University of Phoenix. All rights reserved.

Course Description This course integrates applied business research and descriptive statistics. Students will learn to apply business research and descriptive statistics in making better business decisions. Other topics include examination of the role of statistics in research, statistical terminology, the appropriate use of statistical techniques, and interpretation of statistical findings in business and research. Policies Faculty and students will be held responsible for understanding and adhering to all policies contained within the following two documents: University policies: You must be logged into the student website to view this document. Instructor policies: This document is posted in the Course Materials forum.

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 Materials Lind, 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 Statistics

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Objectives 1.1 Explain the role of statistics in business research and its application in business decision making. 1.2 Differentiate between qualitative and quantitative variables. 1.3 Differentiate among the four levels of measurement and how they are used in data collection for research. Read Ch. 1 of Statistics for Business and Economics. Read Levels of Measurement in Ch. 1 of Basic Statistics for Business and Economics. Read MyStatLab Study Plan document in Week One Materials.

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Reading Reading Reading

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Participation Discussion Questions Nongraded Activities and Preparation Week One Optional Activity Nongraded Activities and Preparation Four Levels of Measurement Scenario

Participate in class discussion. Respond to weekly discussion questions. Develop five demographic questions to measure gender, age, years of experience, level of education, and ethnicity. Identify the level of measurement used.

Data 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 statusranging from 10, low status, to 30, high status measured by Likert scale; attitude toward the Cieloranging from 6, negative attitude, to 30, positive attitude measured by Likert Scale; and intention to purchase the Cieloyes or no. Use the previous scenario to identify the following: Whether the data is qualitative or quantitative The measurement level for each variable

Justify your answer with your understanding of four levels of measurement. Develop 1 to 2 research questions that could be answered by the data. Discuss how the findings might help with business decision making. Format your citations consistent with APA guidelines. Nongraded Activities and Preparation MyStatLab Orientation Individual Statistics in Business Log on to MyStatLab on the student website. Complete the MyStatLab Orientation exercise.

Write a 300-word summary that addresses the following criteria: Define statistics. 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.

Week Two: Describing Data

Course Design Guide QNT/351 Version 2

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Objectives 1.4 Present qualitative and quantitative data in tables and charts. 1.5 Calculate central tendency and dispersion. 1.6 Describe the shape of data distribution in chartsbox plot, stem and leaf plot, dot plot, and so on. Read Ch. 2 of Statistics for Business and Economics. Read Ch. 4 of Basic Statistics for Business and Economics Participate in class discussion. Respond to weekly discussion questions. Resource: University of Phoenix Material: Optional Activity Data Set Download the optional activity data set. Review the age and gender data in the data set. Display gender information in a chart and plot age data in a box plot. Calculate the appropriate measure of central tendency and variability for the age and gender. What conclusion can you draw from the data? Complete the assigned problems in MyStatsLab available on the student website. Resource: University of Phoenix Material: MyStatLab Study Plan Complete the Week Two Study Plan in MyStatLab. Use either 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. Discuss with your team whether you have data from RES/351, and if your team would like to use one team members data for the Learning Team assignments in this course. If using data from RES/351: Resources: Data collected from RES/351 Prepare a 700- to 1,050-word written report along with a 5- to 7-slide Microsoft PowerPoint presentation for the senior management team or stakeholders of your RES/351 research project to present your findings. Address the following:

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Reading Reading Participation Discussion Questions Nongraded Activities and Preparation Week Two Optional Activity Individual MyStatsLab Problems Individual Week Two Study Plan Learning Team Data Collection

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Present the chosen situation as an overviewproblem, purpose, research questions, and hypotheses. Describe the instrument used for data collection. Identify types of dataquantitative, quantitative, or bothand 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 1 Review the Ballard Integrated Managed Services, Inc. (BIMS), Part 1 case study overview. Prepare a 700- to 1,050-word written report along with a 5- to 7-slide Microsoft PowerPoint presentation for the senior management team to present your findings (see Exhibit D for the data set of the second survey). Address the following: Present the BIMS situation as an overviewproblem, purpose, research questions, and hypotheses. Describe the instrument used for data collection. Identify types of data collectedquantitative, qualitative, or bothand 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.

Week Three: Probability Concepts and Continuous Probability

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Course Design Guide QNT/351 Version 2

Objectives

1.7 Explain discrete and continuous probability, rules of probability, and classical, empirical, and subjective approaches to probability. 1.8 Describe characteristics of standard normal distribution. 1.9 Calculate area between two data values and area above or below a certain value. Read Ch. 3 of Statistics for Business and Economics. Read Ch. 4 of Statistics for Business and Economics. Read Ch. 5 of Basic Statistics for Business and Economics. Participate in class discussion. Respond to weekly discussion questions. Calculate standard error of mean and make an inference about the accuracy of the mean by analyzing problem 4.164 in Statistics for Business and Economics.

Reading Reading Reading Participation Discussion Questions Nongraded Activities and Preparation Standard Error of Mean Nongraded Activities and Preparation Associated Probability Individual MyStatsLab Problems Individual Week Three Study Plan Learning Team Summarizing and Presenting Data

Resources: Table IV in Appendix B of Statistics for Business and Economics Demonstrate how to find the area under the normal curve. Determine the associated probability with z-score = 1.96. Open Table IV Under Curve areas and find .475. Find the same information by working the problem backwards, starting with the alpha (significance level). Complete the assigned problems in MyStatsLab available on the student website. Resource: University of Phoenix Material: MyStatLab Study Plan Complete the Week Three Study Plan in MyStatLab. If using RES/351 data: Revise the report submitted in Week Two based on the feedback provided by the instructor in the Learning Team assignment, and insight gained by reading. Summarize the 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. Summarize the statistics in relation to the problem selected and

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research questions and draw conclusions. Prepare a 1,050- to 1,750-word report of conclusions drawn from the data and make recommendations to the management. Support recommendations by citing literature consistent with APA guidelines. If using the Ballard Integrated Managed Services, Inc., (BIMS) case study overview: Revise the report submitted in Week Two based on the feedback provided by the instructor in the Learning Team assignment, and insight gained by reading. Analyze the data included in BIMS case study Part 1 by computing descriptive statistics in the form of tables, charts, measures of central tendency, and variability. Prepare a 1,050- to 1,750-word report of conclusions drawn from the data and make recommendations to the management. Support recommendations by citing literature consistent with APA guidelines.

Week Four: Hypothesis Testing

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Objectives 1.10 1.11 1.12 Apply the steps in testing a research hypothesis. Compare the means of two or more groups. Calculate the correlation between two variables.

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Reading Reading Reading Reading Participation Discussion Questions Nongraded

Read sections 6.1 6.4 in Ch. 6 of Statistics for Business and Economics. Read sections 7.1 & 7.2 in Ch. 7 of Statistics for Business and Economics. Read section 8.2 in Ch. 8 of Statistics for Business and Economics. Read sections 10.1 10.5 in Ch.10 of Statistics for Business and Economics. Participate in class discussion. Respond to weekly discussion questions. Resource: University of Phoenix Material: Optional Activity Data Set

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Activities and Preparation Week Four Optional Activity Individual MyStatsLab Problems Individual Week Four Study Plan Learning Team Reflection

Conduct hypothesis 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. Test the hypothesis to see if there is a significant difference in the time spent in completing homework by male and female students. Complete the assigned problems in MyStatsLab available on the student website. Resource: University of Phoenix Material: MyStatLab Study Plan Complete the Week Four Study Plan in MyStatLab. Discuss the 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 variables

Include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field. Prepare a 350- to 1,050-word paper detailing the findings of your discussion.

Week Five: Integrating Research and Statistics

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Objectives 1.13 Select an appropriate statistical test for analysis research data based on research questions and data type. 1.14 Interpret data analysis results to reach conclusions. 1.15 Make a recommendation about a problem based on data analysis results and conclusions drawn. Review all course textbook readings. Participate in class discussion. Respond to weekly discussion questions. Resource: University of Phoenix: Optional Activity Data Set Use the 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:

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Reading Participation Discussion Questions Nongraded Activities and Preparation Week Five

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Optional Activity

What statistical analysis can be done to see the effect of both age and gender on time spent completing homework? Justify your answer, remembering the sample size and data type.

Individual MyStatsLab Problems Individual Week Five Study Plan Individual Final Examination

Complete the assigned problems in MyStatsLab available on the student website. Resource: University of Phoenix Material: MyStatLab Study Plan Complete the Week Five Study Plan in MyStatLab. Click the link to the Final Examination on your student website available from the end of Week Four through the end of Week Five. Complete the Final Examination. Only one attempt is allowed, which is timed and must be completed in 3 hours.

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Learning Team Analyzing and Interpreting Data

If using RES/351 data: Ask your instructor for specific information regarding the analysis you are required to perform for your data set. Combine your Week Two Learning Team assignment and Week Three findings with Week Five findings and make a recommendation to the research problem. Use the statistical tables given in the appendices of the textbook and a statistical analysis application: a Microsoft Excel spreadsheet, Minitab statistical software, or SPSS software. Prepare a 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. Read the 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 managements understanding of the sources of employee dissatisfaction and to create a model that predicts employee resignation. Combine your Week Two Learning Team assignment and Week Three findings with Week Five findings and make a recommendation to BIMS. Use the statistical tables given in the appendices of the textbook and a statistical analysis application: a Microsoft Excel spreadsheet, Minitab statistical software, or SPSS software. Prepare a 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 (see Exhibit D for the data set of the second survey). Note. As consultants to BIMS, your Learning Team is expected to prepare and deliver a professional product addressing the clients needs.

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