Synthesize the concepts learned throughout the course

Reference no: EM132408533

Purpose of Assignment

The purpose of this assignment is for students to synthesize the concepts learned throughout the course. This assignment will provide students an opportunity to build critical thinking skills, develop businesses and organizations, and solve problems requiring data by compiling all pertinent information into one report.

Resources: Microsoft Excel®, Signature Assignment Databases, Signature Assignment Options, Part 3: Inferential Statistics

Scenario: Upon successful completion of the MBA program, imagine you work in the analytics department for a consulting company. Your assignment is to analyze one of the following databases:

Manufacturing

Hospital

Consumer Food

Financial

Select one of the databases based on the information in the Signature Assignment Options.

Provide a 1,600-word detailed, four part, statistical report with the following sections:

Part 1 - Preliminary Analysis

Part 2 - Examination of Descriptive Statistics

Part 3 - Examination of Inferential Statistics

Part 4 - Conclusion/Recommendations

Part 1 - Preliminary Analysis

Generally, as a statistics consultant, you will be given a problem and data. At times, you may have to gather additional data. For this assignment, assume all the data is already gathered for you.

State the objective:

What are the questions you are trying to address?

Describe the population in the study clearly and in sufficient detail:

What is the sample?

Discuss the types of data and variables:

Are the data quantitative or qualitative?

What are levels of measurement for the data?

Part 2 - Descriptive Statistics

Examine the given data.

Present the descriptive statistics (mean, median, mode, range, standard deviation, variance, CV, and five-number summary).

Identify any outliers in the data.

Present any graphs or charts you think are appropriate for the data.

Note: Ideally, we want to assess the conditions of normality too. However, for the purpose of this exercise, assume data is drawn from normal populations.

Part 3 - Inferential Statistics

Use the Part 3: Inferential Statistics document.

Create (formulate) hypotheses

Run formal hypothesis tests

Make decisions. Your decisions should be stated in non-technical terms.

Hint: A final conclusion saying "reject the null hypothesis" by itself without explanation is basically worthless to those who hired you.

Similarly, stating the conclusion is false or rejected is not sufficient.

Part 4 - Conclusion and Recommendations

Include the following:

What are your conclusions?

What do you infer from the statistical analysis?

State the interpretations in non-technical terms. What information might lead to a different conclusion?

Are there any variables missing?

What additional information would be valuable to help draw a more certain conclusion?

Format your assignment consistent with APA format.

Attachment:- Signature Assignment Databases.rar

Reference no: EM132408533

Questions Cloud

Vertical integration and backward vertical integration : Discussed this week in preparation for completion of this assignment: vertical integration, taper integration, backward vertical integration,

Compare the inventory costs associated : Compare the inventory costs associated with your suggested order quantities with those of the current order quantities. What can you conclude?

Diabetes freedom works to increase the energy level : Diabetes Freedom works to increase the energy level of your body and boosts your physical strength by converting the fat cells into workable energy.

Explaining behavior from different perspectives : Discussion, you will explore social psychology, personality psychology, and sociology in their approaches to explaining behavior.

Synthesize the concepts learned throughout the course : The purpose of this assignment is for students to synthesize the concepts learned throughout the course. Are the data quantitative or qualitative?

Innovation activity : Comparative study of two organizations in the same area with regard to their innovation activity

Healthcare marketers select and communicate to target market : How do healthcare marketers select and communicate to their target market? How do healthcare marketers consider external stakeholders in their marketing efforts

Sickle cell mainly focusing within the pediatric population : Sickle Cell mainly focusing within the pediatric population. Definition of the disease/disorder

Provide compassionate and effective care : Provide compassionate and effective care. Demonstrate commitment to continuous professional development, ethics, and sensitivity to diversity.

User Account

All Pages