Purpose of Assignment
The purpose of this assignment is to provide students the opportunity to demonstrate mastery of their ability to apply statistical concepts to business situations to inform data-driven decision-making. The project is a 3-week project, with part 1 in Week 3, part 2 in Week 4, and part 3 in Week 5. In Week 3, students identify the organization, problem, research variable, methods for collecting data, and show mastery of validity and reliability as applied to data-collection methods.
Identify a business problem or opportunity at a company or with which that's familiar. This will be a business problem that's used in Weeks 3 to 5. It should be a problem/opportunity for which gathering and analyzing some type of data would help understand the problem/opportunity better.
Identify a research variable within the problem/opportunity that could be measured with some type of data collection.
Consider a method for collecting a suitable sample of either qualitative or quantitative data for the variable.
Write a 500 word analysis to describe a company, problem, and variable.
- Identify the name and description of the selected company (it can be a fictional organization).
- Describe the problem at that company.
- Identify ONE research variable from that problem.
- Describe the methods used for collecting a suitable sample of either qualitative or quantitative data for the variable (Note: do not actually collect any data). Describe at least ONE Sampling Technique. This is the technique that you would use to collect your data. An example of a sampling technique is Simple Random Sampling. Choose a sampling technique and describe it, and how would apply it in order to collect data from a sample population.
Format consistent with APA guidelines.