Write a formal business report to your “boss” at the company. The purpose of this business report is to permit you to show what you have learned in the course about statistics, in particular what you have learned about correlation and regression, and what should be included in a practical business report using statistical analyses.
Students must submit a concise business report for which they should:
Utilize appropriate statistical analyses of the sample data provided.
Interpret the results in the context of a business situation.
Discuss the statistical results in the context of the business situation.
Discuss any problems or shortcomings with the way the study was conducted (if any)
If necessary, describe methods of improving the study.
Discuss any recommendations you think appropriate.
Assume that you are writing this report so that it can be read by two types of readers: those who know no statistics (such as your “boss” at this company) and those who know statistics (such as her statistics expert assistant who will want enough information to know if you analyzed the data properly and whether you have drawn the correct conclusions). Use anything you have learned throughout this course when composing your comprehensive, yet concise, well-organized and well-written report. Instructions: The business report is strictly limited to a maximum of 3 pages, 12-point, double-spaced, Times Roman (not including title page, graphs, tables, references, or appendices). Ensure all Excel analyses are attached. This report should be written in essay-format (i.e., sentences and paragraphs), not point form.
Criteria for evaluation will include appropriateness and correctness of analyses; quality and thoroughness of analyses; quality of organization and writing; clarity and correctness of interpretation; professional quality of job performed.
