assigned readingsLearning Objectives:After studying this chapter, you should be able to:Explain how predictive analytics can help in business strategy formulation.Distinguish structured from unstructured data.Differentiate units of observation.Outline a data-generating process.Describe the primary ways that data analysis is used to aid business performance.Discriminate between lead and lag information.Discriminate between active and passive prediction.Recognize questions pertaining to business strategy that may utilize (active) predictive analytics.Actual assignment Activity 1Attached Files: Sales and Costs.xlsx (19.58 KB)Activity I - A manager claims that increases in advertising expenditure will surely raise the firm's profits, citing his sense that people find the firm's ads entertaining. Sketch how you might refute this claim using:A theoretical argumentDataWhy might the refutation using data be more convincing?Activity II - A grocery store manager is interested in the data-generating process for her store's weekly soda sales. She believes factors impacting these sales include price, product placement, and whether the week contains a holiday. Write out a formal representation of the data-generation process for weekly soda sales that incorporates these and additional factors.Activity III - Access the dataset Sales and Costs.xlsx (See the attached) and answer the following questions.Calculate these descriptive statistics.Mean of salesVariance of materials costsCovariance of labor costs and materials costsMean of labor costsTotal salesCalculate at least two more descriptive statistics for this dataset.

Assignment DetailsJurisdiction is very important within the court system because it is what decides whether the state or federal government has the authority to prosecute the case. In a 2–3-page paper, research the following:What is jurisdiction, and how does it impact state and federal courts?What is concurrent jurisdiction?Provide 2 examples of crimes for which the state court has jurisdiction, and 2 examples of crimes for which the federal court has jurisdiction. Why does each have jurisdiction for the crimes you have listed?Provide 1 example of a crime for which there is concurrent jurisdiction. In this case, where do you think the case should be prosecuted, and why?Provide APA citations and references.