Quantitative Management Course Project Phase I.
The project counts for 25% of the final course grade; therefore, extreme attention to detail is required. A Gold Standard Project for all phases combined (I, II, III) is generally between 30-40 pages including Tables, Figures, References, etc.
Course Project Phase I counts 5% of total course grade.
Perform and thoroughly explain the following analysis using the provided project files: (All items in Italic are discussion items, and calculations not required. Graphs, charts, or figures explaining concepts are encouraged.)
Phase I
1. Ch 2 -Graphical Data Analysis
a. Stem-and-Leaf Plot
b. Clustered Bar Chart Use noted Excel data) Create and explain relationships between variables.
c. Scatter Plot (Use noted Excel data) Create and explain relationships between variables.
d. Show frequency and relative frequency with a Pivot Table (Use noted Excel data).
e. Distributions (Create Histograms, calculate/display Mean & Median for explanations)
i. Normal (use Exam1Sp & Exam2Sp data)
1. create a Histogram for each Exam’s data.
2. create a combined Histogram showing both Exam’s data in the same Histogram.
ii. Left-Skewed (Use noted Excel data)
iii. Right Skewed (Use noted Excel data)
iv. Bimodal (Use noted Excel data)
2. Ch 3 – Descriptive Statistics
a. Measures of Central Tendency
i. Mean, Median, Mode
b. Measures of Variability
i. Range, Variance & Standard deviation
c. Measures of Extrema
i. Min, Max
ii. Outliers
d. Ch 3 – Box Plot (create Box Plot with both data sets in the same plot)
i. Interquartile Range (Use noted Excel data).
3. Ch 3 - In your own words discuss Empirical Rule and the value to business, please give an example. (Graphic to illustrate and explain is highly encouraged.)