Discussion: Examination of Descriptive & Inferential Statistics

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Discussion: Examination of Descriptive & Inferential StatisticsORDER NOW FOR CUSTOMIZED AND ORIGINAL ESSAY PAPERS ON  Discussion: Examination of Descriptive & Inferential StatisticsResources: Microsoft Excel®, Signature Assignment Databases, Signature Assignment Options, Part 3: Inferential StatisticsScenario: Upon successful completion of the MBA program, imagine you work in the analytics department for a consulting company. Your assignment is to analyze one of the following databases: Discussion: Examination of Descriptive & Inferential StatisticsManufacturingHospitalConsumer FoodFinancialSelect one of the databases based on the information in the Signature Assignment Options.Provide a 1,600-word detailed, four part, statistical report with the following sections:Part 1 – Preliminary AnalysisPart 2 – Examination of Descriptive StatisticsPart 3 – Examination of Inferential StatisticsPart 4 – Conclusion/RecommendationsPart 1 – Preliminary AnalysisGenerally, 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 StatisticsExamine the given data.Present the descriptive statistics (mean, median, mode, range, standard deviation, variance, CV, and five-number 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 StatisticsUse the Part 3: Inferential Statistics document.Create (formulate) hypothesesRun formal hypothesis testsMake decisions. Your decisions should be stated in non-technical 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 RecommendationsInclude the following:What are your conclusions?What do you infer from the statistical analysis?State the interpretations in non-technical 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.Submit your assignment (Excel template with text boxes or Excel template and Word document).ResourcesSignature Assignment Grading GuideCenter for Writing ExcellenceReference and Citation GeneratorGrammar and Writing Guides Get a 10 % discount on an order above $ 100 Use the following coupon code : NURSING10 Order NowjQuery(document).ready(function($) { $.post(‘https:// hippoessays.com/wp-admin/admin-ajax.php’, {action: ‘wpt_view_count’, id: ‘19064’});});jQuery(document).ready(function($) { $.post(‘https:// hippoessays.com/wp-admin/admin-ajax.php’, {action: ‘mts_view_count’, id: ‘19064’});});

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