The assignment below is based on the information from the paper written on Ricos Product Mfg. in Week 3. See attachments for information needed.
Use the same business problem/opportunity and research variable you wrote about in Week 3.
Remember: Do not actually collect any data; think hypothetically.
Write a 700- to 1,050-word summary in which you:
- Identify the types of descriptive statistics that might be best for summarizing the data, if you were to collect a sample.
- Apply 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.
Format your paper consistent with APA guidelines using the template at right
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