Question
Assignment Content
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.
repare a 1,050-word managerial report for your boss
using Microsoft Word.
Use the following questions for guidelines and
directions on what to include in the report. Each item should be
clearly numbered in your 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)
in your Word document.
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 your Word 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.
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