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WidgeCorp became the market leader in snack foods after acquiring a rival company, Company W. Their management style and business decision-making differed. Employees at WidgeCorp collected relevant data and through statistical analysis used this information to draw conclusions and make appropriate recommendations. Company W tended to rely on the experience and judgment of its managers. For the time being, both companies are being managed separately, but within the next twelve months they will merge all management, processes, and accounting. You work for Company W and are a little nervous about this new way of working, but realize that you need to be able to present issues and recommendations with statistical verification to the WidgeCorp executives. You will also introduce and employ statistical analysis to the senior management of Company W's various departments such as Marketing, Sales, and Production. Part of your job will be to educate Company W as well.
You're trying to explain null and alternative hypotheses to one of the senior managers at Company W and he's not "getting it" when you use snack food sales. Help him by thinking about a business problem in another organization or department. Formulate a null hypothesis and the corresponding alternative hypothesis that could be tested.
When he met with his accountant at the end of the year, he learned that his total assets are in excess of $1 million. His accountant asked Larry if he had a will, and Larry said he had been too busy to develop one. His accountant strongly recommen..
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Determine a qualitative and quantitative forecasting method for your operation. Next, create a table in which you identify the characteristics of the operation that relate to each method.
Create an Executive Summary that appears at the beginning of the project implementation plan.
Propose your response as if you were the HR Director of a large multinational company. Give ample thought to what your role as the company's top HR person might be; how your time should be divided and how you might best use the talents of subordin..
Qualitative, Quantitative, also Mixed Methods Approaches, write an Introduction that addresses also includes the elements suggested by this week's Resources of learning.
You will inspect a problem or issue through the lens of Quantitative Analysis. This incomes that you must choose a project that is very specific, focused and one on which you have a grasp of the inputs, process and outputs.
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