QuestionWeek 5Final PaperThe final assignment for this cour

Week 5

Final Paper

The final assignment for this course is a Final Paper. The purpose of the Final Paper is for you to culminate the learning achieved in the course by creating a sales report. The Final Paper represents 25% of the overall course grade.

Writing the Final Paper

Identify an issue in your life (work place, home, social organization, etc.) where a statistical analysis could be used to help make a managerial decision. Develop a sampling plan, an appropriate set of hypotheses, and an inferential statistical procedure to test them. You do not need to collect any data on this issue, but you will discuss what a significant statistical test would mean and how you would relate this result to the real-world issue you identified. Your paper should be three to five pages in length (excluding the cover and reference pages). In addition to the text, utilize at least three sources to to support your points. No abstract is required. Use the following research plan format to structure the paper:

Step 1: Identification of the problem

Describe what is known about the situation, why it is a concern, and what we do not know.

Step 2: Research Question

What exactly do we want our study to find out? This should not be phrased as a yes/no question.

Step 3: Data collection

What data is needed to answer the question, how will we collect it, and how will we decide how much we need?

Step 4: Data Analysis

Describe how you would analyze the data. Provide at least one hypothesis test (null and alternate) and an associated statistical test.

Step 5: Results and Conclusions

Describe how you would interpret the results. For example, what would you recommend if your null hypothesis was rejected and what would you do if the null was not rejected?

A quick example: Concern if gender is impacting employee’s pay. H0: Gender is not related to pay. H1: Gender is related to pay. Approach: Multiple regression equation to see if gender impacts pay after considering the legal factors of grade, appraisal, education, etc. If regression coefficient for gender is significant, will need to create residual list to see which employees show excessive variation from predicted salaries when gender is not considered

Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.