QNT561 UOPX Wk6 Manufacturing database About Your Signature Assignment This signature assignment is designed to align with specific program student learni

QNT561 UOPX Wk6 Manufacturing database About Your Signature Assignment

This signature assignment is designed to align with specific program student learning outcome(s) in your program. Program Student Learning Outcomes are broad statements that describe what students should know and be able to do upon completion of their degree. The signature assignments might be graded with an automated rubric that allows the University to collect data that can be aggregated across a location or college/school and used for program improvements.

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Purpose of Assignment

The purpose of this assignment is for students to synthesize the concepts learned throughout the course. This assignment will provide students an opportunity to build critical thinking skills, develop businesses and organizations, and solve problems requiring data by compiling all pertinent information into one report.

Assignment Steps

Resources: Microsoft Excel®, Signature Assignment Databases, Signature Assignment Options, Part 3: Inferential Statistics

Scenario: Upon successful completion of the MBA program, say you work in the analytics department for a consulting company. Your assignment is to analyze one of the following databases:

Manufactoring
Hospital
Consumer Food
Financial

Select one of the databases based on the information in the Signature Assignment Options.

Provide a 1,600-word detailed, statistical report including the following:

Explain the context of the case
Provide a research foundation for the topic
Present graphs
Explain outliers
Prepare calculations
Conduct hypotheses tests
Discuss inferences you have made from the results

This assignment is broken down into four parts:

Part 1 – Preliminary Analysis
Part 2 – Examination of Descriptive Statistics
Part 3 – Examination of Inferential Statistics
Part 4 – Conclusion/Recommendations

Part 1 – Preliminary Analysis (3-4 paragraphs)

Generally, as a statistics consultant, you will be given a problem and data. At times, you may have to gather additional data. For this assignment, assume all the data is already gathered for you.

State the objective:

What are the questions you are trying to address?

Describe the population in the study clearly and in sufficient detail:

What is the sample?

Discuss the types of data and variables:

Are the data quantitative or qualitative?
What are levels of measurement for the data?

Part 2 – Descriptive Statistics (3-4 paragraphs)

Examine the given data.

Present the descriptive statistics (mean, median, mode, range, standard deviation, variance, CV, and five-number summary).

Identify any outliers in the data.

Present any graphs or charts you think are appropriate for the data.

Note: Ideally, we want to assess the conditions of normality too. However, for the purpose of this exercise, assume data is drawn from normal populations.

Part 3 – Inferential Statistics (2-3 paragraphs)

Use the Part 3: Inferential Statistics document.

Create (formulate) hypotheses
Run formal hypothesis tests
Make decisions. Your decisions should be stated in non-technical terms.

Hint: A final conclusion saying “reject the null hypothesis” by itself without explanation is basically worthless to those who hired you. Similarly, stating the conclusion is false or rejected is not sufficient.

Part 4 – Conclusion and Recommendations (1-2 paragraphs)

Include the following:

What are your conclusions?
What do you infer from the statistical analysis?
State the interpretations in non-technical terms. What information might lead to a different conclusion?
Are there any variables missing?
What additional information would be valuable to help draw a more certain conclusion?

Format your assignment consistent with APA format.

Click the Assignment Files tab to submit your assignment. SIC Code No. Emp. No. Prod. Wkrs. Value Added by Mfg.
Cost of Materials End Yr. Inven.
201
433
370
23518
78713
3630
202
131
83
15724
42774
3157
203
204
169
24506
27222
8732
204
100
70
21667
37040
3407
205
220
137
20712
12030
1155
206
89
69
12640
13674
3613
207
26
18
4258
19130
1946
208
143
72
35210
33521
7199
209
171
126
20548
19612
3135
211
21
15
23442
5557
5506
212
3
2
287
163
42
213
2
2
1508
314
155
214
6
4
624
2622
554
221
52
47
2471
4219
929
222
74
63
4307
5357
1427
223
13
12
673
1061
325
224
17
13
817
707
267
225
169
147
8986
10421
2083
226
51
41
3145
4140
697
227
55
44
4076
7125
1446
228
84
76
3806
8994
1014
229
61
47
4276
5504
1291
231
27
22
1239
716
356
232
200
178
9423
8926
2314
233
294
250
11045
11121
2727
234
38
32
1916
2283
682
235
17
14
599
364
197
236
34
28
2063
1813
450
237
1
1
34
71
17
238
31
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1445
1321
526
239
224
179
10603
12376
2747
241
83
68
5775
9661
578
242
172
147
10404
19285
3979
243
257
209
13274
18632
3329
244
51
43
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2170
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82
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580
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163
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24634
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272
273
274
275
276
277
278
279
281
282
283
284
285
286
287
289
291
295
299
301
302
305
306
308
311
313
314
315
316
317
319
321
322
323
324
325
326
327
328
329
331
332
333
334
335
232
403
121
136
69
604
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115
213
126
51
126
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67
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122
763
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3
37
2
6
8
7
12
60
64
17
31
45
205
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72
221
128
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162
182
136
16
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437
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79
106
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598
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51
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36
152
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106
26
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17982
17857
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31801
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12277
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55621
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600
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336
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343
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354
355
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358
359
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362
363
364
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366
367
369
371
372
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374
375
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379
381
382
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387
391
393
394
395
396
399
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432
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Indus. Grp.
1
1
1
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1
1
1
1
2
2
2
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3
3
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18
18
18
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19
20
20
20
20
20
20
Hospital Geog. Region Control Service Census Births Personnel
1
1
2
1
107
312
792
2
1
1
1
198 1077
1762
3
1
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1
356 1027
2310
4
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100
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328
5
7
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168
181
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131
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1594
10
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233
11
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169
241
12
6
3
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30
430
203
13
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0
325
14
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676
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211
347
16
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17
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84 2648
505
18
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219 2450
1543
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112 1465
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20
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124
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959
21
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325
22
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142 2275
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23
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24
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140 1313
671
25
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3
1
28
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300
26
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154 1689
753
27
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150 1583
607
28
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929
29
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3
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354
30
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77 2045
408
31
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119 1686
1251
32
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33
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34
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179 2026
2047
35
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37
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529
39
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414 2719
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41
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180 1421
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42
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184
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1525
43
1
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243 3194
1983
44
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670
45
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1
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215 1442
1653
46
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167
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74
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79
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81
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84
85
86
87
88
89
90
91
92
93
1
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7
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3
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124
189
181
9
28
288
108
154
76
165
295
101
69
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114
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17
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109
298
52
34
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1107
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1064
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126
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94
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100
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121
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126
127
128
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131
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133
134
135
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137
138
139
140
2
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3
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418
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138
64
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456
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30
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180
59
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516
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78
68
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91
340
254
108
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589
806
701
3968
0
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3655
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3063
169
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286
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159
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164
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166
167
168
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170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
2
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7
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306
28
395
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335
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416
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339
130
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1143
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509
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1161
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922
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2122
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466
1106
376
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637
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352
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1227
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3038
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2849
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1358
576
284
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1124
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261
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2232
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741
1625
538
789
395
956
362
144
229
396
2256
731
1477
102
106
939
392
3516
785
188
189
190
191
192
193
194
195
196
197
198
199
200
5
2
2
1
1
1
7
7
7
7
5
5
5
2
2
2
1
2
3
2
1
2
2
1
1
1
1
1
2
1
1
1
1
1
1
1
2
1
1
63
31
170
203
296
83
84
29
187
77
104
85
47

2171
364
0
2993
0
1964
601
387
1946
545
0
838
51
607
273
630
1379
1108
583
514
216
1593
1055
399
834
104
Region: 1 Location:
Annual
Annual
Non
= NE 2 = 1 = Metro
Food
Househol mortgage MW 3 =
2=
Spending d Income household S
4 = Outside
($)
($)
debt ($)
W
Metro
8909
56697
23180
1
1
5684
35945
7052
1
1
10706
52687
16149
1
1
14112
74041
21839
1
1
13855
63182
18866
1
1
15619
79064
21899
1
1
2694
25981
8774
1
1
9127
57424
15766
1
1
13514
72045
27685
1
1
6314
38046
8545
1
1
7622
52408
28057
1
1
4322
41405
6998
1
1
3805
29684
4806
1
1
6674
49246
13592
1
1
7347
41491
4088
1
1
2911
26703
15876
1
1
8026
48753
16714
1
1
8567
55555
16783
1
1
10345
71483
21407
1
1
8694
50980
19114
1
1
8821
46403
7817
1
1
8678
51927
14415
1
1
14331
84769
17295
1
1
9619
59062
16687
1
1
9286
57952
14161
1
1
8206
58355
19538
1
1
16408
81694
15187
1
1
12757
69522
14651
1
1
17740
96132
0
1
1
7739
57796
22057
1
1
15383
88276
1896
1
1
4579
32264
7979
1
1
11679
65928
0
1
1
12877
69924
27330
1
1
16232
91108
9876
1
1
9621
54070
19908
1
1
8171
47238
17819
1
1
12128
77427
31340
1
1
8642
59805
4963
1
1
12400
60334
6632
1
1
9185
54114
18593
1
2
7862
9775
6771
3059
13211
7408
11581
14233
3352
2630
9093
12652
9559
6112
10431
12630
4578
9551
10262
9551
10143
8955
10197
11234
9320
9089
12300
11484
11215
7204
5579
11723
9353
7761
4261
9830
12386
8673
10944
9910
9928
4264
7971
8290
12669
7272
9784
40680
58263
52008
39643
70309
46450
76140
80833
31899
21647
65924
65923
62811
42335
65134
64621
36553
62910
70727
57634
56549
59662
57350
56447
61136
51526
79979
66733
75359
40795
39128
75482
63998
45845
38223
66787
77852
55825
57022
64263
75881
34343
41243
53021
66991
49719
58399
15202
1486
21713
12179
13221
5602
33874
11478
2762
2663
11355
5132
12613
3149
15196
21433
5502
11376
13287
11857
16136
11627
18432
10871
0
4902
17270
15145
15611
8975
6576
12508
0
6671
8576
1178
936
14167
9018
12768
17423
21323
21009
20151
9250
20838
16065
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
9187
5866
9456
6270
9518
10968
8865
9226
4913
6976
8152
2887
8062
8895
8444
6148
4563
8185
3391
7436
9522
11290
10403
4693
5626
11869
13055
8783
13031
3681
5549
4108
6314
7700
7479
9093
9863
8043
9552
9286
7987
3875
10746
6888
5479
6949
10650
50477
39112
51886
34797
62348
78704
53620
51577
34761
60968
51281
25013
59238
47344
52645
35309
34355
50630
29056
48721
50459
72805
56954
39343
38833
55021
77605
57937
63343
36479
40381
26309
41421
54579
40551
50369
54422
51836
73600
51873
48003
36519
75152
44974
48923
43769
75947
9407
20409
11668
146
5201
17002
32004
15922
17704
17799
8167
18763
10815
11814
22469
17139
10612
21187
15735
18363
16478
21238
22218
24696
14371
35576
817
18591
25531
17950
14257
26581
22470
29065
31757
6404
24334
26213
36374
29631
17261
13579
10659
23711
4594
21221
33357
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
1
1
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
2
2
2
2
2
2
2
2
2
2
5188
5311
4691
8056
11304
8112
8696
5869
3776
11829
13087
10986
5762
11617
9895
16293
8185
13972
11243
4635
10063
8426
7436
11747
15397
6842
9678
12852
10114
8496
6689
15696
9841
12529
10210
8868
6426
11096
10086
2587
12492
8456
6801
6339
7802
9717
6026
41423
40189
36772
59690
53654
59067
65962
37254
33568
56934
88822
59635
38407
78627
47710
64443
58871
87954
54778
39825
49536
60102
49139
51052
70500
54894
60570
57625
56956
61400
50532
72774
69981
66891
67431
64782
38987
64867
50421
27076
51784
54135
53291
49804
52205
72841
46238
33641
17791
5829
19594
23066
240
0
10157
14143
0
17565
27863
18867
11894
22930
31687
35424
11549
12552
19494
12195
13787
22356
4553
12025
16217
4106
31228
25907
1093
17106
17793
21607
17689
19995
14489
17864
5839
8689
17534
20284
22037
23342
34943
28579
22349
20165
3
3
3
3
3
3
3
3
3
3
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
2
2
2
2
2
2
2
2
2
2
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
2
2
2
2
2
2
2

5618
10217
8338
9048
4017
10906
15148
8830
8481
11358
10553
6969
13219
3543
7326
8458
11766
9908
45938
77716
59711
42106
36462
53403
71290
66759
57616
76221
78202
55164
61171
34093
50647
59898
52884
73629
10538
18516
7980
19786
9935
18177
6696
20972
28767
1373
5920
24795
21482
25969
10750
22940
25970
7112
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
Company
Type
AFLAC
Albertson’s
Allstate
Amerada Hess
American General
American Stores
Amoco
Arco Chemical
Ashland
Atlantic Richfield
Bausch & Lomb
Baxter International
Bristol-Myers Squibb
Burlington Coat
Central Maine Power
Chevron
CIGNA
Cinergy
Dayton Hudson
Dillard’s
Dominion Resources
Dow Chemical
DPL
E. I. DuPont DeNemours
Eastman Chemical
Edison International
Engelhard
Entergy
Equitable
Ethyl
Exxon
FPL Group
The GAP
Georgia Gulf
GIANT Food
A&P
Great Lakes Chemicals
Green Mountain Power Company
Hannaford Bros.
Hercules
Houston Industries
Jefferson-Pilot
Johnson & Johnson
Liberty
The Limited
Lincoln National
6
4
6
7
6
4
7
2
7
7
5
5
5
1
3
7
6
3
1
1
3
2
3
2
2
3
2
3
6
7
7
3
1
2
4
4
2
3
4
2
3
6
5
6
1
6
Total Revenues Total Assets
Return on Equity
7251
29454
17,1
14690
5219
21,4
20106
80918
20,1
8340
7935
0,2
3362
80620
7,1
19139
8536
12,2
36287
32489
16,7
3995
4116
6,2
14319
7777
9,5
19272
25322
21,8
1916
2773
6
6138
8707
11,5
16701
14977
44,4
1777
775
12,3
954
2299
2,4
41950
35473
18,6
14935
108199
13,7
4353
8858
13,3
27757
14191
18
6817
5592
9,2
7678
20193
7,9
20018
24040
23,6
1356
3585
13,9
46653
42942
21,3
4678
5778
16,3
9235
25101
12,3
3631
2586
6,1
9562
27001
4,2
9666
151438
12,3
1064
1067
53,6
137242
96064
19,4
6369
12449
12,2
6508
3338
33,7
966
613
228
4231
1522
7,9
10262
2995
6,9
1311
2270
5,5
179
326
8,3
3226
1227
9,9
1866
2411
47
6873
18415
8
2578
23131
14,5
22629
21453
26,7
660
3185
11,1
9189
4301
10,6
4899
77175
0,4
Lubrizol
Lyondell Petrochemical
Mallinkrodt
May Department Stores
McKesson
Mercantile Stores
Merck
Millennium Chemicals
Mobil
Monsanto
Morton
Murphy Oil
Mylan Laboratories
NALCO Chemical
Nevada Power
NIPSCO
Olin
Orion Capital
Owens & Minor
Pacific Corporation
J. C. Penney
Pennzoil
Pfizer
Pharmacia & Upjohn
Phillips Petroleum
Poe & Brown
PPG
PP&L Resources
Progressive
Rohm & Haas
Ruddick
Schering-Plough
Sears, Roebuck
Stryker
Sun
Sunamerica
Texaco
The TJX Companies
Torchmark
Tosco
Travelers
Ultramar Diamond Shamrock
Union Carbide
United States Surgical Corporation
UNOCAL
UNUM
USX-Marathon
2
7
5
1
5
1
5
2
7
2
2
7
5
2
3
3
2
6
5
3
1
7
5
5
7
6
2
3
6
2
4
5
1
5
7
6
7
1
6
7
6
7
2
5
7
6
7
1674
3010
1868
12685
20857
3144
23637
3048
65906
7514
2388
2138
555
1434
799
2587
2410
1591
3117
6278
30546
2654
12504
6710
15424
129
7379
3049
4190
3999
2300
6778
41296
980
10531
2114
46667
7389
2283
13282
37609
10882
6502
1172
6064
4077
15754
1462
1559
2988
9930
5608
2178
25812
4326
43559
10774
2805
2238
848
1441
2339
4937
1946
3884
713
13880
23493
4406
15336
10380
13860
194
6868
9485
7560
3900
885
6507
38700
985
4667
35637
29600
2610
10967
5975
386555
5595
6964
1726
7530
13200
10565
19
46,2
14,8
20,5
11
7,9
36,6
12,6
16,8
7,2
12,3
12,3
13,5
25
10,1
14,1
17,4
16
9,4
5,2
7,7
15,8
27,9
5,8
19,9
25,1
28,5
11,4
18,7
19,8
12,5
51,2
20,3
20,5
18
14,7
20,9
26,3
17,5
10,9
14,9
9,5
28,8
7,5
28,9
15,2
12,6
Valero Energy
Warner-Lambert
WEIS Markets
Wellman
Winn-Dixie Stores
WITCO
Zenith Nation Insurance
7
5
4
2
4
2
6
5756
8180
1819
1083
13219
2187
601
2493
8031
972
1319
2921
2298
1252
9,6
30,7
9,2
4,8
15,3
14
7,8
Earnings per Share
Dividends per Share
2,08
2,08
3,56
0,08
2,19
1,01
2,76
1,14
3,8
5,41
0,89
1,06
3,14
1,18
0,16
4,95
4,88
1,59
1,7
2,31
2,15
7,7
1,2
2,08
3,63
1,73
0,33
1,03
2,86
0,71
3,37
3,57
1,3
2,39
1,18
1,66
1,19
1,57
1,4
3,18
1,66
3,47
2,41
3,34
0,79
0,21
Average P/E Ratio
0,22
0,63
0,36
0,6
1,4
0,34
1,4
2,8
1,1
2,83
1,04
1,13
1,52
0,02
0,9
2,28
1,1
1,8
0,33
0,16
2,58
3,24
0,91
1,23
1,76
1
0,38
1,8
0,2
0,5
1,63
1,92
0,2
0,32
0,78
0,35
0,62
1,61
0,54
1
1,5
1,04
0,85
0,77
0,48
1,96
11,5
19
10,6
698,3
21,2
23,5
16,1
40,4
12,4
3,8
2,6
47,2
24,1
12,9
79,6
15,2
11,4
22,4
16,2
15,7
17,7
11,6
14,3
27,9
16
13,6
61,8
25,4
13,4
12,6
17,1
14,4
22
11,8
26,9
17,8
40,5
14
26,6
14,5
13,7
13,3
24,1
12,7
26,7
300,2
2,66
3,58
2,47
3,11
1,59
3,53
3,74
2,47
4,01
0,48
1,48
2,94
0,82
2,1
1,65
1,53
3
4,15
0,6
0,68
2,1
3,76
1,7
0,61
3,61
1,48
3,94
1,8
5,31
2,13
1,02
1,95
2,99
1,28
2,7
1,8
4,87
1,75
2,39
1,37
2,54
1,94
4,53
1,21
2,65
2,59
1,58
1,01
0,9
0,66
1,2
0,5
1,19
1,69
0,6
2,12
0,5
0,36
1,35
0,16
1
1,6
0,9
1,2
0,6
0,18
1,08
2,13
1
0,68
1,08
1,34
0,35
1,33
1,67
0,24
0,63
0,32
0,74
0,92
0,11
1
0,3
1,75
0,09
0,59
0,24
0,4
1,1
0,79
0,16
0,8
0,56
0,76
14,5
6,4
16
16,2
26
16,3
26,6
8,3
17,2
90,7
25,2
18
22,4
18,3
14,2
14,4
14,5
9,8
21,7
34,2
26,9
17,1
35,4
56,2
12,4
16,3
14,7
12
17
13,4
17
24,6
17,4
27,2
13
19,5
11,5
8,2
14,2
23
17
16,1
10,7
29
15,5
17
19,8
2,03
1,04
1,87
0,97
1,36
1,55
1,57
0,42
0,51
0,94
0,35
0,98
1,12
1
17,2
35,7
16,9
20,5
27,2
24,9
17
Week 6 Options
QNT/561 Version 9
University of Phoenix Material
Option 1: Manufacturing Database
This database contains six variables taken from 20 industries and 140 subindustries in the United States.
Some of the industries are food products, textile mill products, furniture, chemicals, rubber products,
primary metals, industrial machinery, and transportation equipment. The six variables are Number of
Employees, Number of Production Workers, Value Added by Manufacture, Cost of Materials, End-of-Year
Inventories, and Industry Group. Two variables, Number of Employees and Number of Production
Workers, are in units of 1000. Three variables, Value Added by Manufacture, Cost of Materials, and Endof-Year Inventories, are in million-dollar units. The Industry Group variable consists of numbers from 1 to
20 to denote the industry group to which the particular subindustry belongs.
Option 2: Hospital Database
This database contains observations for six variables on U.S. hospitals. These variables include
Geographic Region, Control, Service, Census, Number of Births, and Personnel.
The region variable is coded from 1 to 7, and the numbers represent the following regions:
1 = South
2 = Northeast
3 = Midwest
4 = Southwest
5 = Rocky Mountain
6 = California
7 = Northwest
Control is a type of ownership. Four categories of control are included in the database:
1 = government, nonfederal
2 = nongovernment, not-for-profit
3 = for-profit
4 = federal government
Service is the type of hospital. The two types of hospitals used in this database are:
1 = general medical
2 = psychiatric
Option 3: Consumer Food
The consumer food database contains five variables: Annual Food Spending per Household, Annual
Household Income, Non-Mortgage Household Debt, Geographic Region of the U.S. of the Household,
and Household Location. There are 200 entries for each variable in this database representing 200
different households from various regions and locations in the United States. Annual Food Spending per
Household, Annual Household Income, and Non-Mortgage Household Debt are all given in dollars. The
variable Region tells in which one of four regions the household resides. In this variable, the Northeast is
coded as 1, the Midwest is coded 2, the South is coded as 3, and the West is coded as 4. The variable
Location is coded as 1 if the household is in a metropolitan area and 2 if the household is outside a metro
area. The data in this database were randomly derived and developed based on actual national norms.
Option 4: Financial Database
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Week 6 Options
QNT/561 Version 9
The financial database contains observations on seven …
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