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Did you use a memo format? Did you clearly state the question you are exploring? Did you describe your dataset, stating what it is and how you are using it? Did you present and discuss summary statistics? Did you choose a confidence level and accurately compute a confidence interval? Did you intelligently interpret your confidence interval? Did you make a well thought out recommendation? fs Guidelines for ALL Application Assignments Omnipleas Note: Adapt guidelines 2 and 4 to a memo format. Assignment will be due in the D2L Assignment Folder by midnight, Sunday, April 11! Please give the document title of your submission a title which clearly shows which dataset you analyzed. 10 92001LA ammples ain ) in ceoquag onT 1. Assignments must be typed using 12 point Arial, Verdana, or Trebuchet font.calcotolend 2. View your assignment as a report and present in an appropriately clear, neat, professional style. 3. Assignments will generally be about one page, single spaced, excluding tables and graphs. 4. Give your report a title. Note that " Application Assignment" is not a title! 5. Grammar counts! Proofreading counts! Spelling counts! Specifically, 20 per cent of each assignment's grade is based on grammar and style. If you have any doubts about your writing, consult the writing tutors at the Student Success Center. And please, proofread, proofread, PROOFREAD! 6. Late assignments, for any reason, may be given half credit. Start your assignments early, and give yourself plenty of time.Sismol onfrom teen boy bid Bolder Folder umelb bre joseeng vey bid MGNT/ HUSV 3341 Spring 2021big Chapter 678 Application Assignment simplice thi To tomem e. of a bres Seentobing inshaA alou Purpose of Assignment obama frombim vo isblod ingmapleA 190 ent grabb ed litw Memaples wework wheel The purpose of this assignment is encourage you to critically examine a sample of data and use basic tools of descriptive statistics and confidence intervals to make recommendations regarding a business decision. bas aside ) patbuloks . beosos sipale spay eno jueds ed vilarenag thw ethering bent. Special Note The data base shows five different samples. Please use the sample assigned to you as follows: Biles, Mollie R. E Hammond, Jessica S. D Mitchell, Brenda J. cluenod Branham, Gabriella M C Hendrix, Noah S. n co Morris, Tyler M. ESHOORY Love bra Brown, Andrew J. By Holton, Annaston F.ME Nowell, Alexandria R. Degas Calloway, Tyra O. A Jackson, Meredith A. A Okoye, Kevin U. C Carden, Jeffrey T. B Jenkins, Jerica P. A Pollard, Madison S. B Hoe moy Cooper-Williams, Kier A Johnson, Kara E. Raybon, Katelyn D. A um Lov Deel, Jacey 1. Kramer, Isabelle G. DWI Simon, Abigail J.-- Vet Bile Interninglack Echols, Emily LOOT A Kuhn, Amanda N. BOOM OfTeston, Jasmine A. Wa D hasto Fenwick, Shawn R. McNulty, Allison J. Thurmond, Shermecia Foster, Rebekah L. Meadows, La Treena K. Woodby, Alyssa L. A Gawdun. Jessica C. Task You are Chief Financial Officer of Bolder Folder, a small manufacturing firm producing luxury manila folders for offices of pretention. You have been approached by an entrepreneur offering to license a production process which will substantially reduce your cost of production. You analyze the offer and conclude that to be worthwhile, the process must reduce the production cost to an average of less than $8.00 per case of folders. The entrepreneur offers a trial run producing a sample of 50 cases. Production costs of the 50 cases are summarized in the Bolder Folder dataset in D2L Write a memo to your CEO recommending whether or not to acquire the new production process. If you're unfamiliar with memo formats, you can find any number of them on the internet; just use something simple! Your memo should describe your data, present simple descriptive statistics and a histogram, and make use of confidence intervals to make a recommendation to your CEO. Be sure to explain your decision in terms which your CEO, who has minimal understanding of statistics, will understand while, at the same time, demonstrating to me your erudition with regards to confidence intervals! Evaluation Criteria I'll use the following criteria in evaluating your memo:A B C D E F G Sample A Sample B Sample C Sample D Semple E Dr. B's example 2 8.45 7.86 9.17 6.86 7.30 7.62 3 5.76 6.51 9.71 7.54 8.86 6.17 4 7.05 7.43 9.54 7.74 7.15 9.27 5 5.93 8.11 7.98 8.54 6.05 8.68 6 9.21 8.10 8.39 7.61 8.57 8.60 7 10.79 7.89 6.94 5.88 7.20 6.85 8 7.36 8.71 7.70 9.80 8.01 4.39 9 8.38 8. 16 7.04 9.81 8.04 9.28 10 6.64 6.93 7.21 6.49 7.29 8.55 11 5.28 6.60 7.34 7.91 7.24 7.55 12 7.30 6.52 7.90 7.37 10.49 8.85 13 6.90 9.13 7.92 7.16 7.50 6.66 14 8.72 7.94 7.87 6.44 7.99 5.81 15 7.22 8.15 5.62 10.20 6.00 7.78 16 8.08 6.41 9. 19 7.48 5.75 8.79 17 8.69 8.89 6.73 7.27 7.67 7.08 18 7.76 6.30 7.83 6.83 9.67 7.86 19 7. 17 9.58 7.01 8.32 6.40 10.30 20 7.24 6.94 8.30 6.72 7.80 8.71 21 8.37 7.19 7.42 7.04 6.44 8.74 22 10.18 8.54 7.99 8.62 8.56 8.42 23 7. 16 7.68 8.60 7.03 7.61 7.20 24 9.11 7.66 10.00 5.31 8.81 6.76 25 6.59 6.17 7.85 6.21 8.29 7.49 26 7.63 9.32 8.31 4.78 9.91 27 6. 18 7.25 8.31 8.50 7.74 7.37 28 9.26 6.46 9.17 8.01 7.95 7.41 29 6.31 6.24 6.53 7.99 8.40 6.74 30 8.68 8.25 7.47 6.66 7.21 7.29 31 10.27 7.82 8.17 8.38 7.37 9.04 32 9.93 7.63 9.52 7.63 6.97 8.37 33 8.75 8.61 7.63 8.73 8.31 7.08 8.67 34 7.23 7 .69 7.72 8.20 9.49 5.52 7 1 1 60 1A B C D E F 27 7.25 8.31 8.50 7.74 7.37 9.26 28 6.46 9.17 8.01 7.95 7.41 6.31 29 6.24 6.53 7.99 8.40 6.74 8.25 30 8.68 7.47 6.66 7.21 7.29 10.27 31 7.82 8.17 8.38 7.37 9.04 9.93 32 7.63 9.52 7.63 6.97 8.37 8.75 33 8.61 7.63 8.73 8.31 7.08 8.67 34 7.23 7.69 7.72 8.20 9.49 5.52 35 7.50 7.40 7.35 8.41 7.11 6.01 36 8.15 9.93 6.65 8.02 5.92 9.99 37 8.33 7.05 6.83 9.28 7.32 4.02 38 7.67 8.44 7.13 9.50 5.32 10.43 39 9.53 7.75 7.41 6.13 8.81 8.12 40 8.99 9.29 8.07 9.55 8.04 5.09 41 7.99 6.74 7.02 8.60 6.52 6.98 42 9.60 8.52 7.37 7.30 7.74 7.39 43 8.39 8.43 5.95 8.58 6.35 8.47 44 8.84 7.31 7.17 8.01 6.29 9.54 45 7.07 7.18 5.69 8.02 9.24 8.35 46 8.23 8.50 8.17 4.96 5.93 8.74 47 5.89 9.13 8.21 7.91 7.21 8.51 48 7.50 9.28 7.08 9.38 6.51 8.45 49 8.82 8.42 7.30 6.96 7.14 7. 16 50 6.93 9.95 7.20 5.69 8.37 7.40 51 8.70 7.60 7.24 9.02 8.06 5.75 52