1. Include a summary for each variable in the data set. Make comments and interpretations based on maximum and minimums, well as the appropriate means and proportions. What new insights do these descriptive statistics provide concerning Asia-Pacific business schools?
Analysis:
1.
Full time enrolment is highest in Indian Institute of Management (Calcutta), 463 and lowest in Macquaire Graduate School of Management (Sydney),12 as per data available from the full time enrolment. They are far above and below as compared with the average full time enrolment of individuals in Asian countries. Average number of full time enrolment in these B-schools across Asia Pacific is 165 out of total number of 4129 students
Students per Faculty:
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Average portion of foreign students in Asian B-Schools is about 28%.
Starting salary is highest for International University of Japan (Niigata), i.e. $87,000, while it is lowest for Jamnalal Bajaj Institute of Management Studies, i.e. $7,000. Average starting salary in Asian Business Schools is $37,292.
All this data provides information regarding the potential that Asian markets possess and the pace at which they are growing. Standard Deviation is quite high at 23459; it may suggest that $ 87000 is outlier
Screenshot of the Excel Sheet
2. Summarize the data to compare the following –:
a. Any Difference between local and foreign tuition costs.
b. Any Difference between mean starting salaries for schools requiring and not requiring work experience.
c. Any difference between starting salaries for schools requiring and not requiring English test.
Analysis:
a)
Not much difference between local and foreign tuition fees. Mostly colleges have same local and foreign tuition fees.
Lahore University of Management Sciences has highest difference of $ 15050 b)
Mean starting salary for B-Schools requiring work experience is $41305.26, while for those institutes that do not require work experience, the mean starting salary is $24,583.33. This clearly shows that average salary of schools with requirement of work experience is significantly higher as compared to that of those
The histogram has one spike that shows that high concentration of data values is below this point. This histogram might be representing a seasonal product, which customers are ordering high volume of product until they run out and order one more time. Also it might be showing the histogram of a car brand were less expensive cars are sold frequently, but in average the middle range cars are bringing to the company more capital and high luxury cars are sold more expensive and less frequently.
a. For each year, create tables of counts of gender and of nationality. Then create column charts of
At 5% level of significance, is there sufficient evidence to conclude that the proportions of errors in transactions assigned to each of the 5 memory locations are all different?
• Provide at least two examples or problem situations in which statistics was used or could be used.
Proportion of all business students at Rocky University elsewhere are as follows p2 = 0.9
For example, in Germany they have abandoned tuitions fees altogether even to outside students. An American student can travel the thousands of miles away from their family to Germany to get a free education in a different country. You still have to pay for rent but that pales in comparison to what you would pay in the United States.
Undergraduate enrollment has been steadily increasing through the years and it is projected that it go up by 2.1 million students in the next 10 years (NCES). Yet, it is highly doubtful that there would be enough new jobs for those students; therefore, causing an even bigger completive market. Also, candidates who are able to attend better institutes of higher education will most likely be exposed to better learning experience which will surely boost their chance of scoring the employment compared to others less fortunate such as
Founded in 1823, Union University is a collection of schools that include West Tennessee College, Union University of Murfreesboro, Southwestern Baptist University, and Hall-Moody Junior College of Martin, Tennessee. Union’s main campus is located in Jackson, Tennessee. Consistently ranked as a top tier institution in the Southern Region, the university offers more than 100 programs of study across an assortment of disciplines. Programs include art, business, education, health care professions, theology, and more. The various nursing programs are the most popular majors and make up 21% of enrolled students. Interdisciplinary studies make up 17% of students and are the second most popular. Union was accredited by the Southern Association of
A college degree is very crucial to the development of the national skills to match the market. However, the high cost of attaining the degree is driving many poor students from taking courses in universities. The possibility of an international student accessing equal education is the United States comes with a very high cost. For example, while a California community college student pays $46 per unit, an international student pays $250 per unit, which is very expensive and
-- The out-of-state costs for tuition and fees as well as room and board are the same as in-state students.
First of all, welcome to the class. I am Sabrina who took statistics in my junior year. I will leave a few words of advice and encouragement that I learned as I stayed on the statistics train, as I wish the best luck on your journey as well.
Affording international tuition has become significantly difficult in the past few years. Interestingly, the amount of tuition fee that costed for 16 credits in 2013
Between the U.K. and the United States, there are major differences in the cost of schooling and how it varies. The cost of schooling in America is usually thousands of
Blue Mountain School is a perfect plat form for me to gain the qualification I required because of its excellent reputation, extensive hospitality, experienced faculty members, safe environment, affordable tuition fees, professional program structure distinctive teaching methodology and industrial placement for enhancing career prospects. I decided that Blue Mountain International Hotel Management School will be the most appropriate institution to peruse my master's degree. The degree is equivalent to University qualification which is under Torrens University Australia. It also provides industrial exposure of six month in third semester for students which are learning phase, skilled development and platform for student to peruse their career. University education pattern is another aspect to attract me to join this institution.
However, given the theory of economies of scale, we can assume that INSEAD’s costs per year related to students are approximately 1.5 than that of LBS. Specifically, we could adjust “Staff costs”, “External Teaching Costs” and “Programme catering and accommodation” by this factor. Total adjustment: based on these two changes results shows that INSEAD incurs additional expense of £58 m. However, due to the larger class size, this cost gets spread across a larger student base. As a result, when LBS’s total cost is normalized to assume the same student volume as that of INSEAD, LBS’s total adjusted cost can be estimated to be £77 m or 42% greater than that of INSEAD. In summary, the lower price per year at LBS cannot be explained due to potential differences in cost, as the adjusted cost of offering the MBA program at LBS is an estimated 42% greater than that offered at INSEAD.