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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.
Identify an issue in your life 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:Identification of the problemDescribe what is known about the situation, why it is a concern, and what we do not know.Research QuestionWhat exactly do we want our study to find out? This should not be phrased as a yes/no question.Data collectionWhat data is needed to answer the question, how will we collect it, and how will we decide how much we need?Data AnalysisDescribe how you would analyze the data. Provide at least one hypothesis test (null and alternate) and an associated statistical test.Results and ConclusionsDescribe 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
You have won the $1.4 million first prize in the Centennial Lottery. However, the prize will be awarded on your 100th birthday, 78 years from now.
Assume that expected rates of inflation over the next 5 years are 4 percent, 7 percent, 10 percent, 8 percent, and 6 percent, respectively. What is the average expected inflation rate over this 5-year period?
Multiple questions on accounting principles and Joe's Appliances purchased inventory for $12,800 on credit. This transaction
The H.R. picket corp has 500,000 of debt outstanding, and it pays an annual interest rate of 10%. Its annual sales are 2 million, its average tax rate is 30% and its profit margin is 5%. what is the TIE ratio?
On December 31, Beth Klemkosky bought a yacht for $50,000, paying $10,000 down and agreeing to paythe balance in 10 equal end of year installments and 10 percent interest on the declining balance. How big would the annual payments be?
The Harding corporation produces skates. The company's income statement for 2001 is as follows, calculate the Degree of operating leverage
write a proposal of no more than 750 words outlining the research approach you will use for your strategic plan due in
Backwards has $266 million of debt outstanding at an interest rate of 10 percent and $686 million of equity (market value) outstanding. What is the expected return on the equity with this capital structure?
Which of the following options is most profitable?
The Basics of Capital Budget, Cash Flow Estimation and Risk Analysis
A decision of a privately held company to go public
She will have to borrow $3,650 in order to make the trade. The bank provides a loan that must be paid off in 18 months. The loan charges interest at the rate of .5% per month. How much are the monthly loan payments?
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