QNT 561 Wk 2 – Case Study: MBA Schools in Asia-Pacific
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QNT 561 Wk 2 – Case Study: MBA Schools in Asia-Pacific
Purpose of Assignment
The purpose of this assignment is to develop students’ analytical capabilities to evaluate, analyze, and apply descriptive statistics techniques to real-world datasets.
Assignment Steps
Resources: Microsoft Excel®, Case Study: MBA Schools in Asia-Pacific
Review the Case Study: MBA Schools in Asia-Pacific and the Case Study: MBA Schools in Asia-Pacific Data set.
Prepare a 1,050-word managerial report for your boss.
Use the following questions for guidelines and directions on what to include in the report:
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).
Using Excel®, 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.
What are the minimum and maximum full-time enrollments? Which schools have the
minimum and maximum full-time enrollments?
What 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?
What are the mean, median, and modal ages? What does this mean to prospective
applicants?
What 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.
What percentage of schools require the GMAT test?
What percentage of schools require English tests such as Test of English as a
Foreign Language (TOEFL)?
What percentage of schools require work experience? From this percentage, does
this appear to be a significant factor in gaining admissions?
What are the mean and median starting salaries? Which schools have the minimum
and maximum starting salaries? How much are these minimum and maximum salaries?
What 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?
How many schools require work experience and how many of them don’t? What is
the mean starting salary for schools requiring work experience? What is the
mean starting salary for schools requiring no work experience?
How many schools require English tests and how many don’t? What is the mean
starting salary for schools requiring English tests? What is the mean starting
salary for schools requiring no English tests?
Comment on the skewness for the data on starting salaries:
Plot a histogram and determine the skewness.
Find the skewness coefficient.
Find the mean, median, and mode for starting salaries and compare the three
measures to determine skewness.
Finally, use Empirical Rule on the starting salaries and determine whether the
salaries follow the Empirical Rule.
Format your assignment consistent with APA format.
Submit your assignment.
Resources
Case Study: MBA Schools in Asia-Pacific Grading Guide
Center for Writing Excellence
Reference and Citation Generator
Grammar and Writing Guides