Description
- 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.
Explanation & Answer
Attached.
Running Head: MBA SCHOOLS IN ASIA-PACIFIC
MBA SCHOOLS IN ASIA-PACIFIC
Name of Student
School name
Date of Submission
1
MBA SCHOOLS IN ASIA-PACIFIC SCHOOLS
2
MBA SCHOOLS IN ASIA-PACIFIC
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 below in a table for all the columns (variables).
Full-time
Students per Local
Foreign
Enrollment
Faculty
Tution($)
Tution($)
Quantitative Quantitative Quantitative Quantitati
Discrete
Discrete
Discrete
Age
Quant
%Foreign
GMAT
Quantitative Quantit
English
Work
Starting
Test
experience
salary($)
Quantit
Quantitative Quantitat
ve
itative
ative
ative
Discrete
Discre Discrete
Discret
Discret
te
e
e
ive
Discrete
2. Using Excel, find the mean, median, standard deviation, minimum, maximum, and the
three quartiles for each of the quantitative variables identified in part 1 above. Neatly
summarize it below in a table on this document. Comment on what you observe.
The quantitative data, with yes and no response have no values in the measures of location i.e
the mean and median values are empty.
Discrete
MBA SCHOOLS IN ASIA-PACIFIC SCHOOLS
Business School
3
Full-Time
Enrollment
Students
per Faculty
Local
Tuition ($)
Foreign
Tuition ($)
Age
Melbourne Business School
200
5
24,420
29,600
28
University of New South Wales (Sydney)
228
4
19,993
32,582
29
Indian Institute of Management (Ahmedabad)
392
5
4,300
4,300
22
90
5
11,140
11,140
29
International University of Japan (Niigata)
126
4
33,060
33,060
28
Asian Institute of Management (Manila)
389
5
7,562
9,...