Speculate on two challenges of utilizing such a technique


Discussion

• Use the Internet or Strayer Library to research articles on confidence interval and its application in business. Select one company or organization which utilized confidence interval technique to measure its performance parameters (e.g., mean, variance, mean differences between two processes, etc.). Give your opinion as to whether or not the utilization of such a technique improves business process for the company or organization that you selected. Justify your response.

• Select one project from your working or educational environment in which you would use the confidence interval technique for the process. Next, speculate on one to two challenges of utilizing such a technique in the process and suggest your strategy to mitigate the challenges in question.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Business Management: Speculate on two challenges of utilizing such a technique
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