This is an individual assignment. Each of you will do this on your own. The majority of the content should reflect original critical thinking. When you are asked for information that might be available in your textbook, do not copy it, even with a reference. You need to paraphrase whatever information you share. You may use quotations, but no more than 15% of the paper may be quoted. You will be using this for the remainder of the course. Using the data set on the right, determine what city woud be the most economical for your needs and develop a monthly budget based on the data provided. Not everybody will need the same items as the next person, so be sure to explain why you include the data you choose. Describe the problem/opportunity at that company. Analyze your data. Make sure that you use measures of central tendency, measures of dispersion, relevant graphs, frequency tables and any other ways of organizing and evaluating descriptive data. Your work should include at least one calculation of a mean, a median, a mode, a standard deviation, and a graph of your choice, but you may certainly use more. Please try to use Excel; copy and paste your work from Excel into the paper. Do not turn in two separate documents. The Data Analysis Toolpak (for measures of central tendency and dispersion) and the more recent videos from the last Class Message that help determine frequency, as well as create bar and pie graphs should be helpful. IF YOU NEED MORE HELP WITH EXCEL, LET ME KNOW!! Develop a 800 analysis to address the items listed above. Use resources to help support your conceptual explanations. Make sure you reference these properly. Format your assignment consistent with APA guidelines Click on the Assignment Files tab to submit your assignment. Business Decision Making Project Part 3 Grading Guide QNT/275 Version 5 Statistics for Decision-Making Copyright Copyright © 2016 by University of Phoenix. All rights reserved. University of Phoenix® is a registered trademark of Apollo Group, Inc. in the United States and/or other countries. Microsoft®, Windows®, and Windows NT® are registered trademarks of Microsoft Corporation in the United States and/or other countries. All other company and product names are trademarks or registered trademarks of their respective companies. Use of these marks is not intended to imply endorsement, sponsorship, or affiliation. Edited in accordance with University of Phoenix® editorial standards and practices. Individual Assignment: Business Decision Making Project Part 3 Purpose of Assignment The purpose of this assignment is to have students demonstrate mastery of their ability to communicate statistical concepts to business leaders to inform business decision-making based on data. This assignment is part 3 of the project began in Week 3 and continued in Week 4. This assignment brings together information students completed in Weeks 3 and 4 and students will format the information suitable for an audience of senior management. Resources Required Week 3 Business Decision Making Project Part 1 Week 4 Business Decision Making Project Part 2 Grading Guide Content Met Partially Met Not Met Comments: Describe the organization with a brief description. Explain the business problem or opportunity. Analyze why the business problem is important. Identify what variable would be best to measure for this problem. Explain why. Apply data analysis techniques to this problem (tell which techniques should be used: descriptive stats, inferential stats, probability, linear regression, time series). Explain why these techniques should be used. Apply a possible solution to the problem/opportunity with rationale. Evaluate how data could be used to measure the implementation of such a solution. The presentation is 11 to 15 slides in length. Total Available Total Earned 7 #/7 Writing Guidelines Met Partially Met Not Met Comments: The paper—including tables and graphs, headings, title page, and reference page—is consistent with APA formatting guidelines and meets course-level requirements. Intellectual property is recognized with in-text citations and a reference page. Paragraph and sentence transitions are present, logical, and maintain the flow throughout the paper. Sentences are complete, clear, and concise. Rules of grammar and usage are followed including spelling and punctuation. Total Available Total Earned 3 #/3 Assignment Total # 10 #/10 Additional comments: Prepare an 11- to 15-slide Microsoft® PowerPoint® presentation for the senior management team based on the business problem or opportunity you described in Weeks 3 and 4. Include on the slides what you would want the audience to see (include appropriate visual aids/layout). In the Speaker Notes section, include what you would say as you present each slide. If any source material is quoted or paraphrased in the presentation, use APA citations and references. Draw on material you developed in the Week 3 and 4 assignments. Include the following in your presentation: • Introduction slide • Agenda slide • Describe the organization, with a brief description • Explain the business problem or opportunity • Analyze why the business problem is important • Identify what variable would be best to measure for this problem and explain why • Apply data analysis techniques to this problem (tell which techniques should be used: descriptive stats, inferential stats, probability) and explain why • Apply a possible solution to the problem/opportunity, with rationale • Evaluate how data could be used to measure the implementation of such a solution • Conclusion • References slide (if any source material is quoted or paraphrased throughout the presentation) Format your assignment consistent with APA guidelines. Important Detail Up to this point, you have been working on the problem of creating a budget and selecting a city. A lot of the analyses were intended to allow you to get more perspective on how to use data to solve a problem. At this point, you will need to identify a problem or opportunity from your workplace before creating your slides. Consider the types of analyses you were performing in Weeks 3 and 4, although you are not limited to those.