Scenario

Big Data is everywhere and various businesses around the world are driven by Big Data. However, while some businesses rely on Big Data for organizational decision making, this does not mean that the implications and applications of Big Data are properly used to ensure optimal effectiveness for the organization For this scenario, you have been appointed as the Business Analyst for Big D Incorporated charged with providing authoritative recommendations to the Board of Directors.

As the Business Analyst, the recommendation you provide will be based upon data calculated from statistical appropriate formulas. Be reminded that you are not the companys statistician yet the Business Analyst and therefore responsible for interpreting statistical data and making the appropriate recommendations. Big D Incorporated was offered a series of business opportunities and it is your job as the Business Analyst to provide expert insight and justification for recommendations regarding these potential prospects.

assignment:

For the outdoor sporting goods client, based upon your prior decision on whether or not to either expand to the next market or retain your current position, justify your decision further utilizing the Chi-Square Distribution tool. One key criterion point: You do not have adequate data to formulate a full Chi-Square for the outdoor sporting goods client. However, you do have sufficient data to initiate this process. You are charged to demonstrate the initial steps of a nonparametric test that are qualitative. Utilizing the null and alternative hypothesis, further present your justifications for your selection and what it means beyond the mere formulas. What is this going to tell the Board of Directors and contribute to the decision-making process?

What you are doing is writing a paper with your recommendation if the sporting goods client should expand to another market or just stay in their current one. You will back up your recommendation with the null and alternative hypothesis. What does the results of your research mean to the Board of Directors?There is not a right or wrong answer to this, just your opinion based on your analysis.