Purpose of Assignment
The purpose of this assignment is for students to synthesize the concepts learned throughout the course. This assignment will provide students an opportunity to build critical thinking skills, develop businesses and organizations, and solve problems requiring data by compiling all pertinent information into one report.
Assignment Steps
Resources: Microsoft Excel^{®}, Signature Assignment Databases, Signature Assignment Options, Part 3: Inferential Statistics
Scenario: Upon successful completion of the MBA program, say you work in the analytics department for a consulting company. Your assignment is to analyze one of the following databases:
 Manufacturing
 Hospital
 Consumer Food
 Financial
Use the following scenario for the assignnment. (Option 1: Manufacturing Database)
This database contains six variables taken from 20 industries and 140 subindustries in the United States. Some of the industries are food products, textile mill products, furniture, chemicals, rubber products, primary metals, industrial machinery, and transportation equipment. The six variables are Number of Employees, Number of Production Workers, Value Added by Manufacture, Cost of Materials, EndofYear Inventories, and Industry Group. Two variables, Number of Employees and Number of Production Workers, are in units of 1000. Three variables, Value Added by Manufacture, Cost of Materials, and EndofYear Inventories, are in milliondollar units. The Industry Group variable consists of numbers from 1 to 20 to denote the industry group to which the particular subindustry belongs.
Provide a 1,600word detailed, statistical report including the following:
 Explain the context of the case
 Provide a research foundation for the topic
 Present graphs
 Explain outliers
 Prepare calculations
 Conduct hypotheses tests
 Discuss inferences you have made from the results
This assignment is broken down into four parts:
 Part 1 – Preliminary Analysis
 Part 2 – Examination of Descriptive Statistics
 Part 3 – Examination of Inferential Statistics
 Part 4 – Conclusion/Recommendations
Part 1 – Preliminary Analysis (34 paragraphs)
Generally, as a statistics consultant, you will be given a problem and data. At times, you may have to gather additional data. For this assignment, assume all the data is already gathered for you.
State the objective:
 What are the questions you are trying to address?
Describe the population in the study clearly and in sufficient detail:
 What is the sample?
Discuss the types of data and variables:
 Are the data quantitative or qualitative?
 What are levels of measurement for the data?
Part 2 – Descriptive Statistics (34 paragraphs)
Examine the given data.
Present the descriptive statistics (mean, median, mode, range, standard deviation, variance, CV, and fivenumber summary).
Identify any outliers in the data.
Present any graphs or charts you think are appropriate for the data.
Note: Ideally, we want to assess the conditions of normality too. However, for the purpose of this exercise, assume data is drawn from normal populations.
Part 3 – Inferential Statistics (23 paragraphs)
Use the Part 3: Inferential Statistics document.
 Create (formulate) hypotheses
 Run formal hypothesis tests
 Make decisions. Your decisions should be stated in nontechnical terms.
Hint: A final conclusion saying “reject the null hypothesis” by itself without explanation is basically worthless to those who hired you. Similarly, stating the conclusion is false or rejected is not sufficient.
Part 4 – Conclusion and Recommendations (12 paragraphs)
Include the following:
 What are your conclusions?
 What do you infer from the statistical analysis?
 State the interpretations in nontechnical terms. What information might lead to a different conclusion?
 Are there any variables missing?
 What additional information would be valuable to help draw a more certain conclusion?
Format your assignment consistent with APA format.
Grading Guide
Met 
Partially Met 
Not Met 
Comments: 

Scenario: Upon successful completion of the MBA program, say you work in the analytics department for a consulting company. Your assignment is to analyze ONE of the following databases: · Manufacturing · Hospital · Consumer Food · Financial





Select one of the databases based on the information in the Signature Assignment Options.





Provide a 1,600word detailed, statistical report including the following: · Explain the context of the case · Provide a research foundation for the topic · Present graphs · Explain outliers · Prepare calculations · Conduct hypotheses tests · Discuss inferences you have made from the results
This assignment is broken down into four parts: · Part 1 – Preliminary Analysis · Part 2 – Examination of Descriptive Statistics · Part 3 – Examination of Inferential Statistics · Part 4 – Conclusion/Recommendations
Part 1 – Preliminary Analysis (3 – 4 paragraphs) Generally, as a statistics consultant, you will be given a problem and data. At times, you may have to gather additional data. For this assignment, assume all the data is already gathered for you.
· State the objective. · What are the questions you are trying to address? · Clearly and in sufficient detail, describe the population in the study. · What is the sample? · Discuss the types of data and variables. Are the data quantitative or qualitative? · What are levels of measurement for the data?
Part 2 – Descriptive Statistics (3 – 4 paragraphs)
· Examine the given data. · Present the descriptive statistics (mean, median, mode, range, standard deviation, variance, CV, and fivenumber summary). · Identify any outliers in the data. · Present any graphs or charts you think are appropriate for the data. Note: Ideally, we want to assess the conditions of normality too. However, for the purpose of this exercise, assume data is drawn from normal populations.
Part 3 – Inferential Statistics (2 – 3 paragraphs)
Use the Part 3: Inferential Statistics document. · Create (formulate) hypotheses · Run formal hypothesis tests · Make decisions. Your decisions should be stated in nontechnical terms. Hint: A final conclusion saying “reject the null hypothesis” by itself without explanation is basically worthless to those who hired you. Similarly, stating the conclusion is false or rejected is not sufficient.
Part 4 – Conclusion and Recommendations (1 – 2 paragraphs)
· What are your conclusions? · What do you infer from the statistical analysis? · State the interpretations in nontechnical terms. What information might lead to a different conclusion? · Are there any variables missing? · What additional information would be valuable to help draw a more certain conclusion?







Total Available 
Total Earned 



13 
#/13 

Writing Guidelines 
Met 
Partially Met 
Not Met 
Comments: 
The paper—including tables and graphs, headings, title page, and reference page—is consistent with APA formatting guidelines and meets courselevel requirements. 




Intellectual property is recognized with intext citations and a reference page. 




Paragraph and sentence transitions are present, logical, and maintain the flow throughout the paper. 




Sentences are complete, clear, and concise. 




Rules of grammar and usage are followed including spelling and punctuation. 






Total Available 
Total Earned 



3 
#/3 

Assignment Total 
# 
16 
#/16 

Additional comments:
