Business situation and real data

In this task, you will identify a real-world business situation and use real data to perform a data analysis leading to an actionable recommendation. You are encouraged to select an issue in your workplace or program specialty area (e.g., IT management, HC management, or MBA). Publicly available data is also an option (see Course Tips).

 

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Note: Work performed for a client or an employer is their property and should not be used without written permission. Fictionalize identifiable organizational information (i.e., make up information regarding the identity of the organization, but do not make up the data). Obtain written permission to use any information that would be considered confidential, proprietary, or personal in nature. To obtain an organization’s permission to use proprietary information, complete and submit the attached “Organization Verification Form.”

 

This business situation and data will be used to complete task 2. Do not work on task 2 until you have successfully passed task 1, indicating that the business situation and data analysis plan have been approved.

 

Use the “Determining the Appropriate Analytical Technique” presentation in the Attachment section below and/or speak with a course instructor to help you identify the appropriate analysis technique to analyze data for these tasks.

 

Approved data analysis techniques include the following:

Recommended Analysis Techniques:

  •  regression (linear regression, multiple regression, or logistic regression)
  •  time series or trend analysis

Note: you need to specify the specific type(s) of time-series analysis you plan to use or consider in Task 2 – i.e., regression, exponential smoothing, moving average, seasonality using multiple regression

  •  chi-square
  •  t-test (one sample, two independent samples, or paired)
  •  ANOVA
  •  crossover analysis
  •  break-even analysis

 

Additional Approved Analysis Techniques:

  •  statistical process control
  •  linear programming
  •  decision tree
  •  simulation

REQUIREMENTS

Your submission must be your original work. No more than a combined total of 30% of the submission and no more than a 10% match to any one individual source can be directly quoted or closely paraphrased from sources, even if cited correctly. An originality report is provided when you submit your task that can be used as a guide.

 

You must use the rubric to direct the creation of your submission because it provides detailed criteria that will be used to evaluate your work. Each requirement below may be evaluated by more than one rubric aspect. The rubric aspect titles may contain hyperlinks to relevant portions of the course.

 

  1.  Complete and submit the attached “Waiver-Release Form,” along with your completed Task 1.

Note: An electronically signed form or a signed and scanned form are both acceptable. A picture of a signed form that is uploaded from a phone or camera is also acceptable for submission.

 

Note: See the “Electronic Signature Instruction Sheet” for instructions on how to electronically sign the attached “Waiver-Release Form.” 

  1.  If you select the “includes Restricted Information” option in the Waiver-Release Form, complete and submit the “Organization Verification Form.”


Note: If you will be submitting the attached “Organization Verification Form”, complete page 1 (letter template) and then submit the entire document to your chosen organization. The organization must complete page 2 of the “Organization Verification Form” and provide you with a copy. Submit the “Organization Verification Form” as a separate attachment with task 1 if you selected that your project IS based upon/includes restricted information in the “Waiver Form.” If this selection is made on the “Waiver Form,” and the completed “Organization Verification Form” is not included as a separate attachment, your submission will not be evaluated. See the attached “Electronic Signature Instruction Sheet” for instructions on how to electronically sign the attached “Organization Verification Form.” This form is not published and will remain confidential. The organization’s name should be used on this form but can be changed to a fictional name for the remaining tasks.

 

Use the attached “Data-Driven Decision-Making Template” to complete the following prompts:

  1.  Describe a real-world business situation that could be addressed by collecting and analyzing a set of data.


Note: The data can be from your workplace, from publicly available sources, or primary data that you collect on your own (e.g., a survey or behavioral observations). 

  1.  Summarize onequestion or decision relevant to the real-world business situation that you will answer by collecting and analyzing a set of data.
  2.  Explain why the situation or question would benefit from a data analysis.
  3.  Identify allof the data that you will need to collect that is relevant to the situation or question.

Note: Identify the specific data relevant to part B1, such as time period, sample size, etc.

Note: A sample size of 30 is the suggested minimum size.

  1.  Describe the data gathering method you will use to collect data.

 Note: The data gathering method can include data sources (e.g., databases, surveys, behavioral observations, online sources, etc.)

 

  1.  Identify an appropriate data analysis technique from the approved list above to analyze this data.
  2.  Explain why the data analysis technique you chose is an appropriate technique to analyze the data collected.

 

Note: Use the “Determining the Appropriate Analytical Technique” presentation in the Attachment section below to help you determine the appropriate analysis technique for your data and business situation or speak with a course instructor.

 

  1.  When you use sources to support ideas and elements in a paper or project, provide acknowledgement of source information for any content that is quoted, paraphrased, or summarized. Acknowledgement of source information includes in-text citation noting specifically where in the submission the source is used and a corresponding reference, which includes the following:
  •  author
  •  date
  •  title
  •  location of information (e.g., publisher, journal, or website URL)

File Restrictions

File name may contain only letters, numbers, spaces, and these symbols: ! – _ . * ‘ ( )
File size limit: 200 MB
File types allowed: doc, docx, rtf, xls, xlsx, ppt, pptx, odt, pdf, txt, qt, mov, mpg, avi, mp3, wav, mp4, wma, flv, asf, mpeg, wmv, m4v, svg, tif, tiff, jpeg, jpg, gif, png, zip, rar, tar, 7z

RUBRIC

ARTICULATION OF RESPONSE (CLARITY, ORGANIZATION, MECHANICS):

NOT EVIDENT

The candidate provides unsatisfactory articulation of response.

APPROACHING COMPETENCY

The candidate provides weak articulation of response.

COMPETENT

The candidate provides adequate articulation of response.

  1. WAIVER-RELEASE FORM:
NOT EVIDENT

The candidate does not provide a completed Waiver-Release Form.

APPROACHING COMPETENCY

Not applicable

COMPETENT

The candidate provides a completed Waiver-Release Form.

A1. ORGANIZATION VERIFICATION FORM:

NOT EVIDENT

The candidate does not provide a completed Organization Verification Form and the Organization Verification Form is necessary as indicated by the Waiver-Release Form.

APPROACHING COMPETENCY

Not applicable.

COMPETENT

The candidate provides a completed Organization Verification Form or the Organization Verification Form is not necessary as indicated by the Waiver-Release Form.

  1. REAL-WORLD BUSINESS SITUATION:
NOT EVIDENT

The candidate does not describe a real-world business situation that could be addressed by collecting and analyzing a set of data.

APPROACHING COMPETENCY

The candidate describes, with insufficient detail, a real-world business situation that could be addressed by collecting and analyzing a set of data.

COMPETENT

The candidate describes, with sufficient detail, a real-world business situation that could be addressed by collecting and analyzing a set of data.

B1. SUMMARY OF ONE QUESTION OR DECISION:

NOT EVIDENT

The candidate does not provide a logical summary of 1 question or decision relevant to the real-world business situation that the candidate will answer by collecting and analyzing a set of data.

APPROACHING COMPETENCY

The candidate provides a logical summary, with insufficient detail, of 1 question or decision relevant to the real-world business situation that the candidate will answer by collecting and analyzing a set of data.

COMPETENT

The candidate provides a logical summary, with sufficient detail, of 1 question or decision relevant to the real-world business situation that the candidate will answer by collecting and analyzing a set of data.

B2. EXPLANATION OF SITUATION:

NOT EVIDENT

The candidate does not provide a logical explanation of why the situation or question would benefit from a data analysis.

APPROACHING COMPETENCY

The candidate provides a logical explanation, with insufficient support, of why the situation or question would benefit from a data analysis.

COMPETENT

The candidate provides a logical explanation, with sufficient support, of why the situation or question would benefit from a data analysis.

B3. DATA TO COLLECT:

NOT EVIDENT

The candidate does not identify data that will need to be collected.

APPROACHING COMPETENCY

The candidate identifies data that will need to be collected but the data is not relevant to the situation or question.

COMPETENT

The candidate identifies data that will need to be collected that is relevant to the situation or question.

B4. DATA GATHERING METHOD:

NOT EVIDENT

The candidate does not provide an appropriate description of the data gathering method the candidate will use to collect data.

APPROACHING COMPETENCY

The candidate provides an appropriate description, with insufficient detail, of the data gathering method the candidate will use to collect data.

COMPETENT

The candidate provides an appropriate description, with sufficient detail, of the data gathering method the candidate will use to collect data.

B5. DATA ANALYSIS TECHNIQUE:

NOT EVIDENT

The candidate does not identify a data analysis technique that will be used to analyze the data.

APPROACHING COMPETENCY

The candidate identifies a data analysis technique that is not appropriate and/or not approved to be used to analyze the data.

COMPETENT

The candidate identifies an appropriate and approved data analysis technique that will be used to analyze the data.

B5A. EXPLANATION OF TECHNIQUE:

NOT EVIDENT

The candidate does not provide a logical explanation of why the data analysis technique chosen is an appropriate technique to analyze the data collected.

APPROACHING COMPETENCY

The candidate provides a logical explanation, with insufficient support, of why the data analysis technique chosen is an appropriate technique to analyze the data collected.

COMPETENT

The candidate provides a logical explanation, with sufficient support, of why the data analysis technique chosen is an appropriate technique to analyze the data collected.

  1. SOURCES:
NOT EVIDENT

There is evidence of quoted, paraphrased, or summarized content without acknowledgement of source information. This level is also appropriate if task instructions require the candidate to quote, paraphrase, or summarize content from a source to complete the assessment, and this has not yet been done.

APPROACHING COMPETENCY

The candidate provides required acknowledgement of source information for quoted, paraphrased, and summarized content. However, in-text citations and/or source information is incomplete or inaccurate with respect to author, date, title, and/or the location of the information (e.g., publisher, journal or website URL).

COMPETENT

The candidate provides source information for all quoted, paraphrased, and summarized content. Source information appears to include accurate and complete acknowledgement of source information regarding the author, date, title, and location of the information (e.g., publisher, journal or website URL), as well as appropriate in-text citation. This level is also appropriate if there is no evidence of quoted, paraphrased, or summarized content, and it is not required by the instructions.

SUPPORTING DOCUMENTS

Electronic_Signature_Instructions,_AR.docx

VPT2_Analysis_Technique_Presentation_7-Dec-17.pptx

VPT2_Organization_Verification_Form.edited.pdf

VPT2_Task_1_Template.docx

WGU_Waiver-Release_Form.edited.pdf

 

 

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