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Business Decision Making Project Part 2

Use the same business problem/opportunity and research variable you wrote about in Week 3.

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

Develop a 1,050-word report in which you:

• Identify the types of descriptive statistics that might be best for summarizing the data, if you were to collect a sample.
• Analyze the types of inferential statistics that 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.

Format your assignment consistent with APA guidelines.

Click the Assignment Files tab to submit your assignment.

Assignment information

Class:

As a reminder, you need to clearly demonstrate your knowledge of each of the analysis methods, and show accurate application of each to your chosen business problem.

Use headers to clearly identify each of the assignment components.

Your responses need to be accurate considering your variable, data you would collect, and business problem. For example, considering the data you would collect, which descriptive statistics would help you better understand the problem, or help you with a solution, and how would you interpret the results?

Points are associated for knowing the meaning of the concept and applying it correctly to your topic.

# Individual Assignment: Business Decision Making Project Part 2

## The purpose of this assignment is to allow students to apply descriptive and inferential statistics to business situations for data-driven decision making. This assignment continues the work students began in Week 3, using the same business problem or opportunity.

 Content Met Partially Met Not Met Comments: Identify the types of descriptive statistics that might be best for summarizing the data, if you were to collect a sample. Apply the types of inferential statistics that 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. The paper is 1,050words in length. Total Available Total Earned 5 #/5

 Writing Guidelines Met Partially Met Not Met Comments: The paper—including tables and graphs, headings, title page, and reference page—is consistent with APA formatting guidelinesand meets course-level requirements. Intellectual property is recognized with in-text citations and a reference page. Paragraph and sentence transitions are present, logical, and maintain the flow throughout the paper. Sentences are complete, clear, and concise. Rules of grammar and usage are followed including spelling and punctuation. Total Available Total Earned 2 #/2