QNT 561UP Applied Business Research Statistics Asia Pacific MBA Schools Case Study

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Business Finance

Qnt 561

University of Phoenix

QNT

Description

Prepare a managerial report of no more than 1,050 words 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 in 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 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?
  7. How many schools require work experience and how many of them don't? What percentage of schools require work experience? What is the mean starting salary for schools requiring work experience? From this percentage, does this appear to be a significant factor in gaining admissions? What is the mean starting salary for schools requiring no work experience?
  8. Evaluate the skewness for the data on starting salaries:
  9. Plot a histogram and comment on the skewness.
  10. Find the skewness coefficient.
  11. Compare the mean, median, and mode for starting salaries to determine skewness.
  12. Determine whether the starting salaries follow the Empirical Rule.

Include a brief introduction and conclusion.

Format your paper consistent with APA formatting guidelines (see the master's level APA template and APA sample paper in the Resources).


Unformatted Attachment Preview

Business School Melbourne Business School University of New South Wales (Sydney) Indian Institute of Management (Ahmedabad) Chinese University of Hong Kong International University of Japan (Niigata) Asian Institute of Management (Manila) Indian Institute of Management (Bangalore) National University of Singapore Indian Institute of Management (Calcutta) Australian National University (Canberra) Nanyang Technological University (Singapore) University of Queensland (Brisbane) Hong Kong University of Science and Technology Macquarie Graduate School of Management (Sydney) Chulalongkorn University (Bangkok) Monash Mt. Eliza Business School (Melbourne) Asian Institute of Management (Bangkok) University of Adelaide Massey University (Palmerston North, New Zealand) Royal Melbourne Institute of Technology Jamnalal Bajaj Institute of Management Studies (Bombay) Curtin Institute of Technology (Perth) Lahore University of Management Sciences Universiti Sains Malaysia (Penang) De La Salle University (Manila) Students Local Foreign Full-Time per Tuition Tuition Enrollment Faculty ($) ($) 200 5 24.420 29.600 228 4 19.993 32.582 392 5 4.300 4.300 90 5 11.140 11.140 126 4 33.060 33.060 389 5 7.562 9.000 380 5 3.935 16.000 147 6 6.146 7.170 463 8 2.880 16.000 42 2 20.300 20.300 50 5 8.500 8.500 138 17 16.000 22.800 60 2 11.513 11.513 12 8 17.172 19.778 200 7 17.355 17.355 350 13 16.200 22.500 300 10 18.200 18.200 20 19 16.426 23.100 30 15 13.106 21.625 30 7 13.880 17.765 240 9 1.000 1.000 98 15 9.475 19.097 70 14 11.250 26.300 30 5 2.260 2.260 44 17 3.300 3.600 Age %Foreign GMAT 28 47 Yes 29 28 Yes 22 0 No 29 10 Yes 28 60 Yes 25 50 Yes 23 1 Yes 29 51 Yes 23 0 No 30 80 Yes 32 20 Yes 32 26 No 26 37 Yes 34 27 No 25 6 Yes 30 30 Yes 29 90 No 30 10 No 37 35 No 32 30 No 24 0 No 29 43 Yes 23 2,5 No 32 15 No 28 3,5 Yes Starting English Work Salary Test Experience ($) No Yes 71.400 No Yes 65.200 No No 7.100 No No 31.000 Yes No 87.000 No Yes 22.800 No No 7.500 Yes Yes 43.300 No No 7.400 Yes Yes 46.600 No Yes 49.300 No Yes 49.600 No Yes 34.000 No Yes 60.100 No Yes 17.600 Yes Yes 52.500 Yes Yes 25.000 No Yes 66.000 Yes Yes 41.400 Yes Yes 48.900 No Yes 7.000 No Yes 55.000 No No 7.500 Yes Yes 16.000 No Yes 13.100 Case Study: MBA Schools in Asia-Pacific QNT/561 Version 9 University of Phoenix Material 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. Copyright © 2017 by University of Phoenix. All rights reserved. 1
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Explanation & Answer

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Running head: MBA SCHOOLS IN ASIA-PACIFIC

1

QNT 561 MBA Schools in Asia-Pacific

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MBA SCHOOLS IN ASIA-PACIFIC

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Introduction

Considering the given scenario, the MBA Schools of Asia-Pacific are given like
Melbourne Business School, Indian Institute of Management, National University of
Singapore, University of Queensland, Asian Institute of Management, and so on. The analysis
of all these schools has to be done which includes identification of the type of data in the data
set, mean, median, standard deviation, schools having maximum and minimum full-time
enrollment, the average number of students per faculty members in the schools, main tuition
for foreign students and local students, skewness for the data on starting salary, comparison
of mean, median and mode of the starting salary,...

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