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Business Decision Making Project Part 2
Business Decision Making Project Part 2
- Due Aug 13, 5:59 PM
- Not Submitted
- POINTS 5
Project
- no new messages
Objectives:
- 4.1
- 4.2
- 4.3
- Instructions
- Assignment Files
- Grading
Purpose of Assignment
This assignment provides students with practice in understanding how to develop a hypothesis and interpret its findings. Students will learn to implement the use of these statistical measures for better business decision-making.
Assignment Steps
Resources: Week 4 Videos; Week 4 Readings; Statistics Lab
Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web offering support for Office products.
Use the same business problem/opportunity and research variable you wrote about in Week 3.
Note: Do not actually collect any data; think hypothetically.
Develop a 1,050-word report in which you:
- Identify which types of descriptive statistics might be best for summarizing the data, if you were to collect a sample.
- Analyze which types of inferential statistics might be best for analyzing the data, if you were to collect a sample.
- Analyze the role probability or trend analysis might play in helping address the business problem.
- Analyze the role linear regression for trend analysis might play in helping address the business problem.
- Analyze the role a time series might play in helping address the business problem.
Format your assignment consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.
Materials
- Business Decision Making Project Part 2 Grading Guide
- Week 4 Collaborative Discussion
- Type I and Type II Errors
- How to Test a Hypothesis in Four Steps
- Introductory Statistics, Ch. 10
- Introductory Statistics, Ch. 9
- Introductory Statistics, Ch. 8
- Statistics Lab
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Resources:
- Center for Writing Excellence
- Reference and Citation Generator
- Grammar and Writing Guides
- Learning Team Toolkit