Purpose of Assignment
This signature assignment will help students experience the essential elements of a basic statistical study used in business organizations. The PowerPoint uses summarizes the Week 4 Business paper’s content and adds three new topics (a., b., c. ) described below.
a. Data Analysis Techniques
Which technique(s) could be used to analyze your data and explain why? Combinations include Descriptive stats with Inferential stats (when the null hypothesis (Ho) is rejected).
Descriptive stats, Lind LO1-3. If the entire population data was collected
Inferential stats, Lind L10-1, -2, -3 If the population data was sampled
Probability, Lind LO6-3, LO7-3 If a Frequency or Contingency Tables were used
b. Possible Solution (to the Opportunity)
Provide the possible solutions and the one you recommend trying. Provide your rationale.
c. Evaluate Implementation Success
What are your plans to check if your solution has worked? Review the Check and Act steps of the PDCA Cycle (ASQ, 2020).
d. Prepare about 12-slides using the PowerPoint presentation for the senior management team based on the business opportunity you described in Business Decision-Making paper.
Name and Description of the Company
Opportunity at that Company & Why the Business Opportunity is Essential
Collecting a Suitable Sample & Valid and Reliable Data
Descriptive Statistics: Numerical Measures and Graphical Measures
Data Analysis Techniques
Possible Solution (to the Opportunity)
Evaluate Implementation Success
References(this is usually necessary).
Include on the slides
What you would want the audience to see with appropriate visual aids and layout.
Speaker notes section to include what you would say as you present on Slides.
If any source material is quoted or paraphrased in the presentation, use APA citations and a reference slide.
Submit your presentation.