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Identify and describe a real-world business situation that could be addressed by collecting and analyzing a set of data. Use real data to perform a
Identify and describe a real-world business situation that could be addressed by collecting and analyzing a set of data. Use real data to perform a data analysis leading to an actionable recommendation/solution. You are encouraged to select an issue in your workplace or program specialty area. Publicly available data is also an option.
Your submission will be a 4-5 page APA formatted paper (not including cover page and references page) that includes the following:
- Summarize one question or decision relevant to the real-world business situation that you will answer by collecting and analyzing a set of data.
- Explain why the situation or question would benefit from a data analysis.
- Describe the relevant data you collected (include a link to its location in the references page).
- Create an appropriate graphical display (e.g., bar chart, scatter plot, line chart, or histogram) of the data you collected.
- Describe the data analysis technique that you used to analyze the data.
- Include the output and any calculations of the analysis you performed.
- Justify why you chose this analysis technique.
- Discuss the results of your data analysis.
- Discuss the limitation(s) of your data analysis.
- Recommend a course of action based on your results.
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