QNT/QRB QUANTITATIVE ANALYSIS (QNT561)

QNT 561 Week 5 Individual Assignment, One-Sample Hypothesis Testing Cases The first presented case is on election results. When voting on a larger scale takes place, like that of the presidency or senator offices, television networks like to compete to see which network predicts the winner first. This is done through exit polls, where voters are selected randomly and asked for whom they voted. This case collected data from the State of Florida during the 2000-year elections. The only recorded v...

QRB 501 Final Exam Questions and Answers Central Airlines offers a trade discount series of 30/35/10 for frequent flyers. If a round-trip airline ticket is $683, what is the net price? Use the net decimal equivalent to find the net price. Round to the nearest cent. Sales of frozen pizza for a club fund-raiser increased from 500 one year to 610 the next year. What was the percent of increase? An item sells for $524.00 and is reduced to sell for $440.16. Find the markdown amount and the rate...

QRB 501 Final Exam Question and Answers An invoice for a laptop computer that cost $625.68 is dated September 15, with sales terms of 3/10 EOM. If the bill is paid October 8, find the cash discount and net amount paid. Round to the nearest cent qrb 501 final exam. Christine is currently taking college astronomy. The instructor often gives quizzes. On the past seven quizzes, Christine got the following scores: 53, 12, 41, 29, 18, 42, 57. Find the standard deviation. Sarah has made a budget for ho...

QNT 561- Week 6 Final Exam Answers 1. According to the central limit theorem, for samples of size 64 drawn from a population with µ = 800 and σ = 56, the mean of the sampling distribution of sample means would equal 2. The empirical rule says that approximately what percentage of the values would be within 2 standard deviations of the mean in a bell shaped set of data? 3. Ophelia O'Brien, VP of Consumer Credit of American First Banks (AFB), monitors the default rate on personal loans at the ...

QNT 561 Week 4 Assignment The Payment Time Case A consulting firm developed an electronic billing system for a trucking company in Stockton, CA. This consulting firm was ….to reduce the amount of time it takes customers to make payments. The previous billing system averaged 39 days or more to receive a payment and was ….that is unacceptable. The consulting firm randomly pulls 65 invoices from a population of 7,823 to determine if the new billing system can reduce the billing time to half of...

QNT275 Final Exam The regression model y = A Bx e is: The mean of a discrete random variable is the mean of its: The p-value is the: A quantitative variable is the only type of variable that can: To make tests hypotheses about more than two population means, we use the: In a survey regarding job satisfaction, 574 in a sample of 934 female job-holders stated that they are satisfied with their jobs, while 500 in a sample of 755 male job-holders stated that they are satisfied with their jobs. Th...

QNT 561 Week 1 Assignment, Statistics Concepts and Descriptive Measures For each column, identify whether the data is qualitative or quantitative. Identify the level of measurement for the data in each column. For each column containing quantitative data: Evaluate the mean and median Interpret the mean and median in plain non-technical terms Use the Excel =AVERAGE function to find the mean Use the Excel =MEDIAN function to find the median For each column containing quantitative data: Evaluate th...

QRB 501 Final Exam ​Find the range for the scores: 13, 23, 60, 46, 53, 75. Which month in 2009 had the highest sales? Find the interest paid on a loan of $2000 for 1 year at a simple interest rate of 7% per year. ​The bar graph below shows the percent of income spent on leisure activities in various countries of the world. In which country is the highest percent of income spent on leisure activities? What percent is this? ​The primary difference between an annuity due and an ordinary annu...

QRB 501 Final Exam Questions and Answers One disadvantage of the corporate form of business ownership is the which one of the following statements is false? A firm has a debt-equity ratio of .64, a pretax cost of debt of 8.5 percent, and a required return on assets of 12.6 percent. What is the cost of equity if you ignore taxes? Which one of these statements is correct concerning the cash cycle? You plan to invest $6,500 for three years at 4 percent simple interest. What will your investment be ...