Prior to beginning work on this discussion forum, watch the?Week 1 Introduction?(Links to an external site

Prior to beginning work on this discussion forum, 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  downloadfrom Chapter 3 in the ebook.

Step 2: Do:

• Run descriptive statistics for the Data File AsiaMBA (Chapter 3) using the video How to Add Excel's Data Analysis ToolPak. (Links to an external site.)

In a managerial report, use the methods of descriptive statistics to

• Summarize the data in Data File AsiaMBA.
• Summarize each variable in the data set.

Step 3: Discuss:

• What new insights do these descriptive 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.