QNT561 Phoenix Week 3 Business Statistics Decision Making Project

Resource: Business Decision Making Project – Part 1 Grading Guide (attached)

Purpose of Assignment

This is the first part of the three-part signature assignment. The purpose of this assignment is to help students aggregate all the topics learned in Weeks 1 and 2 and apply to a problem or an opportunity at their company or any company with which they are familiar.

Assignment Steps

Identify a business problem or opportunity at a company where you work or with which you are familiar. This will be a business problem that you will use for the individual assignments in Weeks 3 to 5. It should be a problem/opportunity for which gathering and analyzing some type of data would help you understand the problem/opportunity better.

Identify a research variable within the problem/opportunity that could be measured by data collection.

Consider methods for collecting a suitable sample of either qualitative or quantitative data for the variable.

Develop an analysis of 1,050 words to describe a company, problem, and variable.

Include in your submission:

  • Identify the name and description of the selected company.
  • Describe the problem at that company.
  • Analyze why the business problem is important.
  • Identify one research variable from that problem.
  • Describe the methods you would use for collecting a suitable sample of either qualitative or quantitative data for the variable (Note: do not actually collect any data).
  • Analyze how you will know if the data collection method would generate valid and reliable data (Note: do not actually collect any data).

Format your paper consistent with APA guidelines.

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