# QNT561 Phoenix MBA Schools in Asia Pacific Descriptive Statistics Case Analysis Purpose of Assignment The purpose of this assignment is to develop student

QNT561 Phoenix MBA Schools in Asia Pacific Descriptive Statistics Case Analysis 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.

Create a summary for your boss.

Use the following questions for guidelines and directions on what to include in the narrative (Please create a text box within Microsoft Excel to complete this objective):

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).
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.
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. Business School
University of New South Wales (Sydney)
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)
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