In Module Seven,
you will submit your selection of
statistical tools and data analysis, which are critical elements III and IV
of your final project. You will submit a 3- to 4-page paper and a spreadsheet
that provides justification for the appropriate statistical tools needed to
analyze the company’s data.
Specifically, the following critical elements must be addressed:
III. Identify statistical
methods to collect data:
A. Identify the appropriate statistical methods that you will use to perform your analysis.
What are your statistical assumptions concerning the data that led you to
selecting the methods? In other words, why did you select this method for
statistical analysis?
B. Justify why
you chose these methods to analyze
the data. Be sure to include how these methods will help predict the use of the
data in driving decisions using cited evidence.
IV. Data-Driven
Decisions to determine the appropriate decision for the identified problem:
A. Outline the process
needed to utilize your statistical analysis to reach a decision regarding the
given problem.
B. Explain how data
mining is used to develop a solution to the case. In your response,
consider the concepts of metadata.
C. Explain if the problem is a structured or unstructured problem.
D. Assess how the variables
have potential for answering the problem.
Guidelines for
Submission: Your paper must be submitted as a 3- to 4-page Microsoft Word
document and attached spreadsheet with double spacing, 12-point Times New Roman
font, one-inch margins, and at least six sources cited in APA format.