Statistics Help Needed

Statistics assignment  – need help with it. 

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>Case

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4

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Yes No Yes

0

5

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4,

22 0 No No No

0

5

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11,140 29 10 Yes No No

4

33,060 28 60 Yes Yes No

5

Yes No Yes

0

5

1 Yes No No

6

0

29

Yes Yes Yes

,300

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16,000 23 0 No No No

42 2

20,300 30 80 Yes Yes Yes

50 5

8,500 32 20 Yes No Yes

8

17 16,000

32 26 No No Yes

60 2

11,513 26

Yes No Yes

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8

34

No No Yes

7

17,355 25 6 Yes No Yes

13

30 30 Yes Yes Yes

300 10

18,200 29 90 No Yes Yes

20 19

30 10 No No Yes

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37 35 No Yes Yes

30 7

32 30 No Yes Yes

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9 1,000 1,000 24 0 No No Yes 7,000

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29 43 Yes No Yes

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2,260 32 15 No Yes Yes 16,000

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28

Yes No Yes

Business School Full-Time Enrollment Students per Faculty Local Tuition ($) Foreign Tuition ($) Age %Foreign GMAT English Test Work Experience Starting Salary ($)
Melbourne Business School 2

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0 5 2

4 42 2

9 6 2

8 4

7 Yes No 7

1
University of New South Wales (Sydney) 22 19 32 29 28 65,

20
Indian Institute of Management (Ahmedabad) 392 4,

30 300 7,

10
Chinese University of Hong Kong 90 11,

14 3

1,000
International University of Japan (Niigata) 1

26 33,0

60 8

7,000
Asian Institute of Management (Manila) 389 7,562 9,000 25 50 22,

80
Indian Institute of Management (Bangalore) 380 3,9

35 16,000 23 7,500
National University of Singapore 147 6,146 7,

17 51 43
Indian Institute of Management (Calcutta) 463 2,880 7,400
Australian National University (Canberra) 20,300 46,600
Nanyang Technological University (Singapore) 8,500 49,300
University of Queensland (Brisbane) 13 22,800 49,600
Hong Kong University of Science and Technology 11,513 37 34
Macquarie Graduate School of Management (Sydney) 12 17,172 19,778 27 60,100
Chulalongkorn University (Bangkok) 200 17,355 17,600
Monash Mt. Eliza Business School (Melbourne) 350 16,200 22,500 52,500
Asian Institute of Management (Bangkok) 18,200 25,000
University of Adelaide 16,426 23,100 66,000
Massey University (Palmerston North, New Zealand) 15 13,106 21,625 41,400
Royal Melbourne Institute of Technology 13,880 17,765 48,900
Jamnalal Bajaj Institute of Management Studies (Bombay) 24
Curtin Institute of Technology (Perth) 98 9,475 19,097 55,000
Lahore University of Management Sciences 70 11,250 26,300 2.5
Universiti Sains Malaysia (Penang) 2,260
De La Salle University (Manila) 44 3,300 3,600 3.5 13,100

Title

ABC/

1

23 Version X

1

Case Study: MBA Schools in Asia-Pacific

The pursuit of a higher education degree in business is now international. A survey shows more and more Asians choose the master of business administration (MBA) degree route to corporate success. As a result, the number of applicants for MBA courses at Asia-Pacific schools continues to increase.

Across the region, thousands of Asians show an increasing willingness to temporarily shelve their careers and spend two years in pursuit of a theoretical business qualification. Courses in these schools are notoriously tough and include statistics, economics, banking, marketing, behavioral sciences, labor relations, decision making, strategic thinking, business law, and more.

After your MBA, you get a job at Bloomberg in its media division, Bloomberg Business. Your division publishes reviews and rankings for business schools in the US and internationally. Because of your strong analytical education from University of Phoenix, your boss assigns you to work on preparing an analysis for data gathered for leading business schools in the Asia-Pacific. The data set in the Excel® file shows some of the characteristics of the leading Asia-Pacific business schools.

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:

1. 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).

2. 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.

3. What are the minimum and maximum full-time enrollments? Which schools have the minimum and maximum full-time enrollments?

4. 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?

5. What are the mean, median, and modal ages? What does this mean to prospective applicants?

6. 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.

7. What percentage of schools require the GMAT test?

8. What percentage of schools require English tests such as Test of English as a Foreign Language (TOEFL)?

9. What percentage of schools require work experience? From this percentage, does this appear to be a significant factor in gaining admissions?

10. 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?

11. 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?

12. 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?

13. 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?

14. Comment on the skewness for the data on starting salaries:

15. Plot a histogram and determine the skewness.

16. Find the skewness coefficient.

17. Find the mean, median, and mode for starting salaries and compare the three measures to determine skewness.

18. 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.

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