Business Decision Making Project - Part 2

Business Decision Making Project - Part 2 1


Business Decision Making Project – Part 2 Grading Guide

QNT/351 Version 6

Quantitative Analysis for Business

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Individual Assignment: Business Decision Making Project – Part 2 Purpose of Assignment The purpose of this assignment is for students to build upon the problem or opportunity identified in Part 1 in Week 3. In this part, students will identify the appropriate numerical and graphical techniques of descriptive statistics learned in Weeks 2 and 3 and apply them to further studying their problem or the opportunity. Additionally, students will gain experience in using basic concepts of probability to their research. Resources Required Grading Guide

Content

Met

Partially Met

Not Met

Comments:

The student used the same business problem/opportunity and research variable they wrote about in Week 3.

 

The student did not actually collect any data, but thought hypothetically.

The student developed an analysis of 1,050 words.

Identified the types of descriptive statistics (numerical measures) that might be best for summarizing the data, if student were to collect a sample.

Identified the types of descriptive statistics (graphical measures) that might be best for summarizing the data, if student were to collect a sample.

Analyzed the role probability (for example, expected values or finding the probability of incurring a loss, etc.) might play in helping address the business problem.

Total Available

Total Earned

#/5

Assignment Total

#

7

#/7

Additional comments: