Attached is the business problem/opportunity and research variable from week 3. Below is what I need for this week.
Use the same business problem/opportunity and research variable you wrote about in Week 3.
Remember: do not actually collect any data; think hypothetically.
Develop a 1,050-word report in which you:
- Identify the types of descriptive statistics that might be best for summarizing the data, if you were to collect a sample.
- Analyze the types of inferential statistics that might be best for analyzing the data, if you were to collect a sample.
- Analyze the role probability or trend analysis might play in helping address the business problem.
- Analyze the role that linear regression for trend analysis might play in helping address the business problem.
- Analyze the role that a time series might play in helping address the business problem.