Watch the Week 1 Introduction Links to an external site.video, and read Chapters 1, 2, and 3 in the MindTap
ebook by clicking on the Getting Ready link for each chapter. You can access the MindTap ebook, Essentials of Modern Business Statistics with Microsoft®
Excel®, in your online classroom.
Step 1: Read:
Review Case Problem 3: Business Schools of Asia-Pacific Download Case Problem 3: Business Schools of Asia-Pacificfrom Chapter 3 in the ebook.
Step 2: Do:
Run descriiptive statistics for the Data File AsiaMBA (Chapter 3) using the video How to Add Excel’s Data Analysis ToolPak Links to an external site.for
assistance.
In a managerial report, use the methods of descriiptive statistics to
Summarize the data in Data File AsiaMBA.
Summarize each variable in the data set.
Step 3: Discuss:
What new insights do these descriiptive statistics provide concerning Asia-Pacific business schools? You should also analyze differences between local and
foreign tuition costs, between mean starting salaries for schools requiring and not requiring work experience, and between starting salaries for schools
requiring and not requiring English tests.
Guided Response: Review several of your peer’s posts. In a minimum of 100 words each, respond to at least two of your fellow students’ posts in a
substantive manner, and provide information that they may have missed or may not have considered regarding the application of descriiptive statistics in
business and economics. Do you agree with their conclusions? Why or why not?
