Qnt/561 version 9 case study: mba schools in asia-pacific

   

QNT/561 Version 9 Case Study: MBA Schools in Asia-Pacific 

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. 

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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. 

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.
  4. 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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