For Prof Xavier

The assignment below is based on the information from the paper written on Ricos Product Mfg. in Week 3. See attachments for information needed.

Week 4

Use the same business problem/opportunity and research variable you wrote about in Week 3.

Remember: Do not actually collect any data; think hypothetically.

Write a 700- to 1,050-word summary in which you:

• Identify the types of descriptive statistics that might be best for summarizing the data, if you were to collect a sample.
• Apply the types of inferential statistics that might be best for analyzing the data, if you were to collect a sample.
• Analyze the role probability or trend analysis might play in helping address the business problem. 
• Analyze the role that linear regression for trend analysis might play in helping address the business problem.
• Analyze the role that a time series might play in helping address the business problem.

Format your paper consistent with APA guidelines using the template at right.