Description
Write a minimum 2 page report explaining the results from your analysis of the ROI of Business Majors and Engineering Majors. Use your results from each week’s assignment to make this report.
This report should include:
· A detailed description of the data used in this analysis – specifically explain what the data in each column represents.
· A detailed explanation of any information learned about:
o School Type for each major;
o The Cost for each major;
o The 30 Year ROI for each major;
o The Annual % ROI for each major.
§ Explanations should be supported with the results obtained from your work in previous weeks.
· Finally, answer the following questions and support your answer with your results.
o Does there appear to be a particular major that gives a better ROI? Why or Why not?
o Given that we are using statistical inference to make our conclusions, is it guaranteed that the major you choose that gave a better ROI for this sample will always have a better ROI than the other major? Explain your reasoning
Explanation & Answer
Attached.
Running Head: BUSINESS LAW
1
Project Management
Student’s Name
Institution Affiliation
Date
BUSINESS LAW
2
Introduction
Corporation and business owners quite often look for management tools to measure
organizations performance (Phillips, 1997). Usually accounting and finance offers a number of
quantitative formulas for measuring a company’s financial performance in terms of the return on
business investments. Since business investments such as capital budgeting involve quite large
chunks of cash as initial outlay, the return of such investments is relevant and remain a matter of
concern for many project and business managers in both small, medium and large corporations.
Corporations use return on investments commonly known as ROI to measure profitability of
organizations (Phillips, 1997). Since all organizations rather business spend money on
operational activities with a view of generating financial returns, the amount of cash spend
against the expected returns is significant in management analysis by managers and other
analysts. To this end therefore, ROI measures the financial return against the amount of capital
spend by the corporation. It provides a basic understanding how well the investments are able to
generate enough cash flows compared with the amount of money spend
This paper covers a detailed report from the analysis of ROI of Business majors and
Engineering majo...
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