27 Jan QSO 510 Scenario Analysis Guidelines and Rubric
QSO 510 Scenario Analysis Guidelines and Rubric
Knowledge of statistics is important foundational knowledge for analyzing data. Equally important is what you can do with that information. An overarching goal of this course is to consider how statistics informs decision making, or data-based decision making. Throughout this course, you will be asked to make decisions and then to consider the impact of those choices. Whether in stock trading, in car sales, or on the production floor, the decisions you make as a business professional should be directly influenced by the data available to you. Careful analysis is the key to data-based decision making.
Each module task below provides a scenario and a list of questions for you to answer using data-based decision making.
Module Two: Stock Options
Module Four: Cars Sold
Module Five: Computer Chips
Module Six: Vacation Time
Module Eight: Promotion
Module Ten: Printing Equipment
Specifically, the following critical elements must be addressed:
I. Main Elements
II. Integration and Application
III. Analysis
IV. Critical Thinking
Guidelines for Submission: Your analysis of the scenario must be submitted as a 1- to 2-page Microsoft Word document with double spacing and 12-point Times New Roman font.
