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QUESTION

I need an Esay on Business Decision Making Project Part 2 on Blue Bell Ice cream

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.

Assignment Steps

Use the same business problem/opportunity and research variable you wrote about in Week 3. Incorporate the new portion listed below with the week3 writing assignment.

Note: Do not actually collect any data; think hypothetically.

Develop an analysis of 700-1,050 words in which you:

  • Identify the types of descriptive statistics (numerical measures) that might be best for summarizing the data, if you were to collect a sample.
  • Identify the types of descriptive statistics (graphical methods) that might be best for summarizing the data, if you were to collect a sample.
  • Analyze the role probability (for example, expected values or finding the probability of incurring a loss, etc.) might play in helping address the business problem.

Format your paper consistent with APA guidelines.

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