Applying Analytic Techniques to Business

Description In the last assessment, you were asked to prepare the first part of your analytics report by creating graphs and calculating some descriptive statistics.…

Description

In the last assessment, you were asked to prepare the first part of your analytics report by creating graphs and calculating some descriptive statistics. In this assessment, you will write your 6-8 page analytics report by interpreting those graphs and statistics, and explicitly connecting those interpretations to implications in the practical business context.The first step in creating meaningful information from raw data is to represent the data effectively in graphical format and to calculate any required statistics. The second step is interpreting and explaining those graphs and statistics in order to apply them in the business context.In the previous assessment, you were asked to create the first part of your analytics report by preparing graphs and calculating some descriptive statistics. In this assessment, you will complete your analytics report by interpreting those graphs and statistics, and connecting those interpretations explicitly to implications in the business context.In business and applied analytics, oftentimes you are interested in drawing conclusions about a population of interest. However, it may not be feasible or practical to gather data on the entire population. In those cases, data is gathered from a sample or subset of the population. Analyses done on the sample are then used to draw inferences regarding the overall population; this mathematic process is referred to as inferential statistics. In this assessment, we begin discussing the topics of sampling and drawing inferences.All the inferential statistical techniques and methods covered in this course are considered parametric techniques and require certain assumptions to be used and for the results to be reliable, many of which are assumptions about an underlying distribution. Nonparametric techniques require no assumption about underlying distributions and are often used when the assumptions of parametric techniques are not met. Although these are beyond the scope of this introductory course, they are a great option for additional reading and research.Analytics projects often result in two distinct types of reports or summaries: one tailored to the executive level, which takes the form of a presentation, and the other, a detailed analytics report, which documents an analysis so thoroughly that another analyst can reproduce the analysis exactly. Many times, the latter type is referred to by other departments or analysts wishing to conduct a similar analysis on similar data or by the same analyst who wants to repeat the analysis on a new or revised set of data. In this assessment, you will learn the essential elements that should be included in a report at this level of detail and you will create your own analytics report addressing the business problem you have been working on.ScenarioYour supervisor has asked you to prepare a report for the quarterly company meeting. The first part of the task was to download the data and create scatterplots and histograms, and to calculate mean, median, and mode of the stock prices that you presented graphically in your report for the last assessment. This time your task is to analyze and interpret those graphical representations of the company stocks and to write a report about your findings for your supervisor.Your RoleYou are an analyst in the same business that you used for the last assessment. Your role is to turn data into meaningful information through the use of descriptive statistics and analysis.InstructionsAfter reviewing and integrating your instructor’s feedback on your previous assessment, complete the report as follows:For each graph you created, write at least one paragraph interpreting the graph.What does that graph represent?What does the shape of the graph tell you about how the data have changed over time?For each statistic you calculated, spend at least one sentence explaining what the statistic represents.What does the mean tell you?What does it imply if the median is different from the mean?What does the standard deviation tell you about the volatility of the data?Write a new conclusions section in which you explain how these interpretations can be used in the company:What are some trends about which company leaders should be aware?How might the information you have provided be used to inform business decisions?How will you connect those interpretations explicitly to implications for the practical business context?Create a 6–8 page report containing:An APA-formatted title page.A one-page introduction of your chosen company that you created in your previous assessment.A section labeled “Graphical Representations of Data” that includes the four graphs you created as well as your interpretations of each graph.A section labeled “Descriptive Statistics” with the statistics you calculated as well as your interpretations of the statistics.A one-page conclusion in which you describe the potential business applications of the data and your interpretations.An APA-formatted references page. Remember to cite the source of your financial data.Example Assessment: You may use the following to give you an idea of what a Proficient or higher rating on the scoring guide would look like:Assessment 3 Example [PDF]. (Please see attached. -Alyssa)

Additional RequirementsInclude APA-formatted in-text citations where appropriate.Follow the typical double-spaced analytics report format.Make sure your written communication is free of errors that detract from the overall message.EvaluationBy successfully completing this assignment, you will demonstrate your proficiency in the following course competencies through corresponding scoring guide criteria:Competency 3: Apply data analytic techniques to make inferences about a business need.Interpret four different graphical representations of data.Interpret descriptive statistics for two different variables.Competency 4: Present the results of data analysis in clear and meaningful ways to multiple stakeholders.Explain the business applications from the interpretations of the data.Correctly format citations and references using current APA style.Write content clearly and logically, with correct use of grammar, punctuation, and mechanics.

Resources:Lind, D. A., Marchal, W. G., & Wathen, S. A. (2019). Basic statistics for business and economics (9th ed.). New York, NY: McGraw-Hill.Chapter 5, “A Survey of Probability Concepts.”While previous chapters on descriptive statistics have concerned data on past phenomena, this chapter addresses computing the likelihood that something will occur in the future.Chapter 8, “Sampling Methods and the Central Limit Theorem.”Sampling a population gives us information to make judgments and inferences about the population. This chapter discusses methods of selecting a sample from a population and how to think about the distribution of the sample.Chapter 9, “Estimation and Confidence Intervals.”This chapter will help you think about different aspects of sampling, such as estimating a population value and the range of values, or the confidence interval.Hewitt, F. (2015). Storytelling: The heart of leadership. New Zealand Management, 62(1), 26–27.This article is a brief account of the importance of using personal connections to make data accessible in presentations.Nussbaumer Knaflic, C. (2015). Storytelling with data: A data visualization guide for business professionals. Hoboken, NJ: Wiley.Chapter 1, “The Importance of Context.”The components of context are who, what, and how. This chapter offers strategies for interpreting context so you can communicate visually with data.Stikeleather, J. (2013, Apr 24). How to tell a story with data [Blog post]. Retrieved from https://hbr.org/2013/04/how-to-tell-a-story-with-dataThis short post highlights five steps to tell a good story with data from the journalistic perspective, including a helpful categorization of the different types of audiences that you may be addressing with your data visualization.Watson, H. J. (2017). Data visualization, data interpreters, and storytelling. Business Intelligence Journal, 22(1), 5–10.This cautionary reading gives specific examples of what not to do when creating an executive presentation with data visualizations.

These resources are optional and are provided to support and extend the learning in the course.Dr Nic’s Maths and Stats. (2013). Understanding confidence intervals: Statistics help [Video]. | Transcript. Retrieved from https://www.youtube.com/watch?v=tFWsuO9f74oDr. Nic’s Maths and Stats. (2015). Understanding statistical inference [Video]. | Transcript. Retrieved from https://www.youtube.com/watch?v=tFRXsngz4UQSeth, S. (2018, March 12). Hypothesis testing in finance: Concept and examples. Retrieved from https://www.investopedia.com/articles/active-trading/092214/hypothesis-testing-finance-concept-examples.aspConfidence Interval Calculator.Hypothesis Tester.

Sample Solution
The United States is home to the absolute generally infamous and productive sequential executioners ever. Names, for example, Ted Bundy, Gary Ridgeway, and the Zodiac Killer have become commonly recognized names because of the awful idea of their violations. One of the most productive sequential executioners in American history is John Wayne Gacy. Nicknamed the Killer Clown as a result of his calling, Gacy assaulted and killed in any event 33 adolescent young men and youngsters somewhere in the range of 1972 and 1978, which is one of the most noteworthy realized unfortunate casualty tallies. Gacy’s story has become so outstanding that his wrongdoings have been highlighted in mainstream society and TV appears, for example, American Horror Story: Hotel and Criminal Minds. Scientific science has, and keeps on playing, a significant job in the tackling of the case and distinguishing proof of the people in question. John Wayne Gacy’s history of sexual and psychological mistreatment was instrumental in provoking agent’s curiosity of him as a suspect. John Wayne Gacy was conceived on March 17, 1942, in Chicago, Illinois. Being the main child out of three kids, Gacy had a stressed association with his dad, who drank vigorously and was frequently harsh towards the whole family (Sullivan and Maiken 48). In 1949, a temporary worker, who was a family companion, would caress Gacy during rides in his truck; in any case, Gacy never uncovered these experiences to his folks inspired by a paranoid fear of reprisal from his dad (Foreman 54). His dad’s mental maltreatment proceeded into his young grown-up years, and Gacy moved to Las Vegas where he worked quickly in the emergency vehicle administration before turning into a morgue orderly (Sullivan and Maiken 50). As a funeral home chaperon, Gacy was vigorously engaged with the treating procedure and conceded that one night, he moved into the pine box of an expired high school kid and touched the body (Cahill and Ewing 46). Stunned at himself, Gacy comes back to Chicago to live with his family and graduates from Northwestern Business College in 1963, and acknowledges an administration learner position with Nunn-Bush Shoe Company. In 1964, Gacy is moved to Springfield and meets his future spouse, Marlynn Myers. In Springfield, Gacy has his subsequent gay experience when a collaborator shakily performed oral sex on him (London 11:7). Gacy moves to Waterloo, Iowa, and starts a family with Myers. In any case, after normally undermining his significant other with whores, Gacy submits his initially known rape in 1967 upon Donald Vorhees. In the coming months, Gacy explicitly manhandles a few different adolescents and is captured and accused of oral homosexuality (Sullivan and Maiken 60). On December 3, 1968, Gacy is indicted and condemned to ten years at the Anamosa State Penitentiary. Gacy turns into a model prisoner at Anamosa and is allowed parole in June of 1970, a negligible year and a half after his condemning. He had to migrate to Chicago and live with his mom and watch a 10:00PM time limitation. Not exactly a year later, Gacy is accused again of explicitly attacking a high school kid yet the adolescent didn’t show up in court, so the charges were dropped. Gacy was known by numerous individuals in his locale to be an energetic volunteer and being dynamic in network governmental issues. His job as “Pogo the Clown” the comedian started in 1975 when Gacy joined a nearby “Dapper Joker” jokester club that routinely performed at gathering pledges occasions. On January 3, 1972, Gacy submits his first homicide of Timothy McCoy, a 16-year old kid making a trip from Michigan to Omaha. Asserting that McCoy went into his room employing a kitchen blade, Gacy gets into a physical squabble with McCoy before wounding him over and over in the chest. In the wake of understanding that McCoy had absentmindedly strolled into the live with the blade while attempting to get ready breakfast, Gacy covers the body in his slither space. Gacy conceded in the meetings following his capture that slaughtering McCoy gave him a “mind-desensitizing climax”, expressing that this homicide was the point at which he “understood demise was a definitive rush” (Cahill and Ewing 349). Very nearly 2 years after the fact, Gacy submits his second homicide of a unidentified young person. Gacy choked the kid before stuffing the body in his wardrobe before covering him (Cahill 349). In 1975, Gacy’s business was developing rapidly and his craving for youngsters developed with it. Gacy regularly attracted youngsters under his work to his home, persuading them to place themselves in cuffs, and assaulting and tormenting them before choking them (Cahill 169-170). The majority of Gacy’s homicides occurred somewhere in the range of 1976 and 1978, the first of this time occurring in April 1976. A significant number of the adolescents that were killed during this time were covered in a creep space under Gacy’s home. For the rest of the killings, Gacy confessed to losing five bodies the I-55 scaffold into the Des Plaines River; be that as it may, just four of the bodies were ever recuperated (Linedecker 152). In December 1978, Gacy meets Robert Jerome Piest, a 15-year old kid working at a drug store and extends to him an employment opportunity at Gacy’s firm. Piest educates his mom regarding this and neglects to restore that night. The Piest family records a missing individual’s report and the drug specialist illuminates police that Gacy would in all probability be the man that Jerome addressed about work. When addressed by the police, Gacy denied any contribution in Piest’s vanishing. Be that as it may, the police were not persuaded, and Gacy’s history of sexual maltreatment and battery provoked the police to look through his home. Among the things found at Gacy’s home were a 1975 secondary school class ring with the initials J.A.S., different driver’s licenses, cuffs, garments that was unreasonably little for Gacy, and a receipt for the drug store that Piest had worked at. Through the span of the following not many days, specialists got various calls and tips about Gacy’s rapes and the secretive vanishings of Gacy’s representatives. The class ring was in the end followed back to John A. Szyc, one of Gacy’s exploited people in 1977. Futhermore, after inspecting Gacy’s vehicle, agents found a little group of strands looking like human hair, which were sent to the labs for additional investigation. That equivalent night, search hounds were utilized to distinguish any hint of Piest in Gacy’s vehicle, and one of the canines showed that Piest had, truth be told, been available in the vehicle. On December 20, 1977, under the pressure of consistent police observation and examination, Gacy admits to more than 30 killings and illuminates his legal advisor and companion where the bodies were covered, both in the creep space and the stream. 26 exploited people were found in the creep space and 4 in the waterway. Gacy is captured, indicted for 33 killings, and condemned to death by deadly infusion. He endeavored a madness supplication however was denied, and was executed on May 10, 1994. There were a few scientific markers that specialists used to attach Gacy to the killings. A portion of these include fiber examination, dental and radiology records, utilizing the decay procedure of the human body, and facial recreation in recognizing the people in question. Examiners discovered strands that took after human hair in both Gacy’s vehicle and close to the slither space where the bodies were covered. Notwithstanding these hair tests, specialists additionally discovered filaments that contained hints of Gacy’s blood and semen in a similar zone. Blood having a place with the unfortunate casualties was found on a portion of the strands, which would later straightforwardly attach Gacy to the wrongdoings. The strands in Gacy’s vehicle were broke down by legal researchers and coordinated Piest’s hair tests. Moreover, the inquiry hounds that established that Piest had been in Gacy’s vehicle demonstrated this by a “demise response”, which told agents that Piest’s dead body had been within Gacy’s vehicle. Out of Gacy’s 33 known exploited people, just 25 were ever decisively recognized. A significant number of Gacy’s exploited people had comparable physical portrayals and were accordingly difficult to recognize by simply asking the general population. To distinguish the people in question, agents went to Betty Pat Gatliff, a pioneer in legal science and facial recreation. Facial reproduction is the way toward reproducing the facial highlights of a person by utilizing their remaining parts. Certain facial highlights, for example, facial structures, nasal structure, and generally speaking face shape can be valuable in recognizing an injured individual even long in the afterlife. By utilizing these highlights, and with the assistance of program, legal specialists can make a picture of an individual’s face, which is instrumental in distinguishing unfortunate casualties after their bodies have rotted. Facial reproduction should be possible in a few measurements. Two-dimensional facial reproductions is utilized with skull radiographs and depend on pre-passing photos and data. Be that as it may, this isn’t really perfect on the grounds that cranial highlights are not constantly noticeable or at the correct scale (Downing). So as to get a practical and progressively precise portrayal of the injured individual’s face, a craftsman and a scientific anthropologist are generally important (Downing). Three-dimensional facial recreation is finished by figures or high goals, three-dimensional pictures. PC programs can make facial reproductions by controlling examined photos of the remaining parts and use approximations to reproduce facial highlights. These will in general produce results that don’t look counterfeit (Reichs and Craig 491). Some of the time, examiners will utilize a strategy called superimposition as a system for facial recreation. Sadly, it’s anything but a generally utilized strategy, as it expects agents to have some information about the personality of the remaining parts they are managing. By superimposing a photo of a person over the skeletal remains, specialists can check whether the facial highlights line up with the anatomical highlights, permitting them to distinguish an injured individual. On account of John Wayne Gacy’s unfortunate casualties, specialists had the option to utilize facial recreation to distinguish nine of the bodies found in the slither space. The accompanying realistic shows the facial recreations of these nine exploited people: Since facial remaking was insufficient to distinguish the entirety of the v>GET ANSWER Let’s block ads! (Why?)

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