Case Study: MBA Schools in Asia-Pacific

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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:

  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:
    1. Plot a histogram and determine the skewness.
    2. Find the skewness coefficient.
    3. Find the mean, median, and mode for starting salaries and compare the three measures to determine skewness.
  15. Finally, use Empirical Rule on the starting salaries and determine whether the salaries follow the Empirical Rule.

Format your assignment consistent with APA format.

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Explanation & Answer

Thank you

Running head: STATISTICS

1

Statistics
Your Name
University
Date

STATISTICS

2
Statistics

Concerning the specific questions that were assigned with respect to the 25 different
school, enrollment status, number of students per teacher, tuition, age, percentage of foreign,
GMAT test, required English testing, work experience, and starting salary. The report presents
the results of the analysis conducted with respect to the data and respective answers to the
questions provided.
The Data
The data that was presented is expressed in the chart below as quantitative or qualitative
for each column. Additionally, the quantitative data is identified as either discrete or continuous.
Variable

Type

Discrete/Continuous

Business school

Qualitative

Full-Time Enrollment

Quantitative

Discrete

Students per faculty

Quantitative

Discrete

Local Tuition

Quantitative

Continuous

Foreign tuition

Quantitative

Continuous

Age

Quantitative

Discrete

Percent foreign

Quantitative

Continuous

GMAT

Qualitative

English test

Qualitative

STATISTICS

3

Work experience

Qualitative

Starting salary

Quantitative

Continuous

Moreover, the mean, median, standard deviation, minimum, maximum, and the three
quartiles for the quantitative variables are presented in the table below:

Results
Mean

Local

Foreign

Full-Time

Students per

Tuition

Tuition

Enrollment

Faculty

($)

($)

Starting
salary ($)

Percent
Age
...


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