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Written assignment For this week, everyone is to continue working on their signature assignment, doing required research on the company chosen, and determining what statistical
Written assignment
For this week, everyone is to continue working on their signature assignment, doing required research on the company chosen, and determining what statistical analysis tool would be appropriate for your chosen problem that faces your CEOs company. This will involve using your imagination to obtain real or imagined data and putting it in the correct format for you to use a specific statistical tool to address the CEO's problem.
I also want you to use your imagination to determine how your research department will go about solving the CEO's company problem. As you know, there are several possible solutions to any given problem. The research portion of the paper is for you to address each of the alternatives increasing advertising, expanding the facility, hiring more people, doing training, hiring more security guards, deciding to put together a bonus plan, changing working hours, hiring and fire employees that are slackers or good workers, etc., etc., etc.
The results of the research department's efforts would be hypothetically brief to the CEO, who will, in turn, decide the chosen alternative strategy to execute. After the decision is made, data is then collected, processed, and placed in the proper format for your paper.
After several months, the question will emerge: did the decision that was executed make a statistically significant difference, or which of the alternatives made a statistically significant difference? The question that will force one to use a specific statistical analysis depends on what problem is decided upon.
A recommendation is not to try to complete the paper whole but to attack it in pieces. Once again, if you have any questions, please let me know.
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