Business Profits

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timer Asked: Oct 19th, 2018
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Question Description

The research firm LL Research collected data from 200 client businesses. They want to determine how the businesses compare among four variables:

2015 Profit in millions of dollars
2016 Profit in millions of dollars
2015-2016 Two-Year Change in Daily Average Customer Visits

Two-Year Average Number of Employees

Data collected for the sample of 200 businesses is contained in the file named Businesses, linked at the bottom of the page. Use all 200 data points.

Managerial Report
Prepare a report (see below) using the numerical methods of descriptive statistics presented in this module to learn how each of the variables contributes to the success of a client business. Be sure to include the following three items in your report.

  1. Find descriptive sample statistics (mean, median, two quartiles Q1 and Q3, minimum, maximum, range, sample standard deviation, and coefficient of variation) for each of the four variables along with an explanation of what the descriptive statistics tell us about the client businesses.
  2. Compute the percent change in profit from 2015 to 2016 for each business. Then use the z-score to determine which businesses were outliers with respect to percent change in profit.
  3. Compute the sample correlation coefficient, showing the relationship between percent change in profit and each of the other two variables (2015-2016 Two-Year Change in Daily Average Customer Visits and Two-Year Average Number of Employees). Explain what the correlation coefficients tell us about the three pairs of relationships. Use tables, charts, or graphs to support your conclusions.

Write a report that adheres to the Written Assignment Requirements under the heading “Expectations for CSU-Global Written Assignments” found in the CSU-Global Guide to Writing and APA Requirements (Links to an external site.)Links to an external site.. As with all written assignments at CSU-Global, you should have in-text citations and a reference page. An example paper is provided in the MTH410 Guide to Writing with Statistics. (link provided in the Modules Tab)

Submit your Excel file in addition to your report.

Requirements:

  1. Paper must be written in third person.
  2. Your paper should be four to five pages in length (counting the title page and references page) and cite and integrate at least one credible outside source. The CSU-Global Library (Links to an external site.)Links to an external site. is a great place to find resources.
  3. Include a title page, introduction, body, conclusion, and a reference page.
  4. The introduction should describe or summarize the topic or problem. It might discuss the importance of the topic or how it affects you or society as a whole, or it might discuss or describe the unique terminology associated with the topic.
  5. The body of your paper should answer the questions posed in the problem. Explain how you approached and answered the question or solved the problem, and, for each question, show all steps involved. Be sure this is in paragraph format, not numbered answers like a homework assignment.
  6. The conclusion should summarize your thoughts about what you have determined from the data and your analysis, often with a broader personal or societal perspective in mind. Nothing new should be introduced in the conclusion that was not previously discussed in the body paragraphs.
  7. Include any tables of data or calculations, calculated values, and/or graphs associated with this problem in the body of your assignment.
  8. Document formatting, citations, and style should conform to the CSU-Global Virtual Library CSU-Global Guide to Writing and APA: Introduction (Links to an external site.)Links to an external site.. A short summary containing much that you need to know about paper formatting, citations, and references is contained in the New Sample APA Paper (Links to an external site.)Links to an external site.. In addition, information in the CSU-Global Virtual Library under the Writing Center/APA Resources tab (Links to an external site.)Links to an external site. has many helpful areas (Writing Center, Writing Tips, Template & Examples/Papers & Essays, and others).

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10/18/2018 Module 2: Critical Thinking Criteria Requirements Ratings 20.0 to >16.0 pts Meets Expectation 16.0 to >12.0 pts Approaches Expectation 12.0 to >8.0 pts Below Expectation 8.0 to >0 pts Limited Evidence Includes most of the required components, as specified in the assignment. Includes some of the required components, as specified in the assignment. Includes few of the required components, as specified in the assignment. 24.0 to >18.0 pts Approaches Expectation 18.0 to >12.0 pts Below Expectation 12.0 to >0 pts Limited Evidence Some significant but not major errors or omissions in demonstration of knowledge. Major errors or omissions in demonstration of knowledge. Fails to demonstrate knowledge of the materials. Includes all of the required components, as specified in the assignment: report contains all sections and components; Excel file submitted. Content 30.0 to >24.0 pts Meets Expectation Demonstrates strong or adequate knowledge of numerical statistics; correctly represents knowledge from the readings and sources. Critical Analysis 20.0 to >16.0 pts Meets Expectation Provides a strong critical analysis and interpretation of the information given. Pts 16.0 to >12.0 pts Approaches Expectation 12.0 to >8.0 pts Below Expectation Some significant but not major errors or omissions in analysis and interpretation. Major errors or omissions in analysis and interpretation. https://csuglobal.instructure.com/courses/4001/assignments/63260 20.0 pts 30.0 pts 8.0 to >0 pts Limited Evidence Fails to provide critical analysis and interpretation of the information given. 20.0 pts 5/6 10/18/2018 Module 2: Critical Thinking Criteria Demonstrates college­level proficiency in organization, grammar and style. Demonstrates proper use of APA style Ratings 10.0 to >8.0 pts Meets Expectation Project is clearly organized, well written, and in proper format as outlined in the assignment. Strong sentence and paragraph structure; few errors in grammar and spelling. 10.0 to >8.0 pts Meets Expectation Project contains proper APA formatting, according to the CSU­Global Guide to Writing and APA, with no more than one significant error. 8.0 to >6.0 pts Approaches Expectation Project is fairly well organized and written, and is in proper format as outlined in the assignment.Reasonably good sentence and paragraph structure; significant number of errors in grammar and spelling. Pts 6.0 to >4.0 pts Below Expectation Project is poorly organized; does not follow proper paper format.Inconsistent to inadequate sentence and paragraph development; numerous errors in grammar and spelling. 8.0 to >6.0 pts Approaches Expectation 6.0 to >4.0 pts Below Expectation Few errors in APA formatting, according to the CSU­Global Guide to Writing and APA, with no more than two to three significant errors. Significant errors in APA formatting, according to the CSU­Global Guide to Writing and APA, with four to five significant errors. 4.0 to >0 pts Limited Evidence Project is not organized or well written, and is not in proper paper format. Poor quality work; unacceptable in terms of grammar and spelling. 10.0 pts 4.0 to >0 pts Limited Evidence Numerous errors in APA formatting, according to the CSU­Global Guide to Writing and APA, with more than five significant errors. 10.0 pts Total Points: 90.0 https://csuglobal.instructure.com/courses/4001/assignments/63260 6/6 ...
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CASIMIR
School: UCLA

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Anonymous
awesome work thanks

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