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OSU BUSMGT 2320 - group 2

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Business Management 2320 Assignment #2 1 Instructions: 1. A file identifying your group number and team mates for Case #2 will be posted on Carmen by your instructor. Each recitation class will have a separate list of groups; read the file carefully. For example, if the groups are identified in an Excel file, it might contain a separate worksheet for each recitation section. The tabs on the worksheets in the Excel file will identify the recitation class. a. You may not change groups without express permission from your instructor. If you unilaterally decide to work with a group other than the one assigned to you by your instructor, you will receive 0 points for this case. b. All members of the group are responsible for communicating with each other to arrange meetings. Be professional and considerate and respond to your team mates regarding group meetings, even if the case isn’t your immediate priority. 2. An outline summarizing your group’s “plan” for responding to the problems in Parts I and II is due in the Carmen Drop Box by 11:59 PM on Sunday, 10/12/14. a. You will not include any computer results or written conclusions in the outline. b. The outline will 1) identify the analysis method you intend to use, 2) explain/list the required conditions that must be verified, 3) state how the required conditions will be verified. c. A template is posted on Carmen > Content > Assignments > Assignment #2. d. In addition to submitting a copy via Drop Box, bring 1 hard copy for the group with you to recitation. e. Your outline should only require 1 page, but must not exceed 2 pages. 3. Case #2 reports and peer evaluations are due at the start of your scheduled lecture on Thursday, 10/23. 4. Your case report must have the following format: a. Use the required cover page as page 0 of the document. b. Type all required information on the cover page except signatures. Each member must sign the document. Group member names must be listed alphabetically (from A to Z) in all places. c. Your case report must have page numbers. Use the lower right-hand corner. d. Use appropriate labeling and annotation. (See the general instructions document and the sample case report for further explanation/demonstration). e. Secure all pages of the report together with a staple in the upper, left-hand corner. Instructors do not carry staplers to class. 5. Every student must submit the peer evaluation of the other members of his/her group. The peer evaluation form is posted on Carmen Content > Assignments > Cover Page, Peer Eval, Other. a. Every student has the right to complete his/her peer evaluations confidentially. b. Each student’s evaluations should accurately reflect the effort given and contribution made by each member of the group. You may be penalized for not providing an accurate evaluation of your team members. c. No student’s evaluations should be influenced by the opinions of other team members. d. Type all required information in the peer evaluation. e. Do not staple peer evals to the case. Peer evaluations and cases are processed/graded by different people.Business Management 2320 Assignment #2 2 OBJECTIVES FOR PART I: Practice the three major components of problem solving, Plan – Do – Report, by applying what you’ve learned about inference. REQUIREMENTS For Both Problems in PART I: The data required for the Part I are saved in the Excel file titled “Assignment #2 Data” that is posted on Carmen > Assignments > Assignment #2. Use Excel Data Analysis, StatTools, or other suitable statistical software to complete as much of your work as possible. 1. PLAN. Select procedure and investigate the required data conditions for that method. Complete the analysis for each part even if you determine that the data do not meet all requirements. Qualify your conclusions with whatever reservations you have.  Include all supporting graphs, numerical summaries, rules, etc. used to support/justify your selection of analysis method in your report. 2. DO. Once you have chosen and justified the procedure, obtain the confidence interval or hypothesis test results needed to answer the question. Computer instructions have been posted on Carmen. Each of the software choices provides HELP opportunities. If you have difficulty filling out the dialogue boxes, go to HELP (?). In addition, your text book provides instructions for both Excel and Minitab at the end of each chapter. If no α is specified for a problem, let it be 0.05.  Include all computer generated results in your report. 3. REPORT. Communicate your findings for each problem in an executive summary.  Paragraph 1 of your executive summary is a brief summary of the problem statement, including the null and alternative hypotheses expressed in proper form where appropriate.  Paragraph 2 is a brief justification of the analysis method.  Paragraph 3 is a brief summary of suitability of the data (required conditions).  Paragraph 4 summarizes your findings and any reservations you have about the veracity of those findings.  Appendix contains all supporting statistical information generated with StatTools (or other suitable statistical softwareBusiness Management 2320 Assignment #2 3 Part I Problem 1: A prominent man in Michigan (let’s not make it obvious…we’ll call him…Brody Hake) is looking to update his resume, but he doesn’t have a lot of time (it’s getting close to firing time at The Big House). Before filling out his resume, he is seeking the simplest template that will be easy enough for him to understand. He found four resume templates and a study that measures how long it takes for 30 random people to fill them out. One-hundred twenty people volunteered for the study and were split into 4 groups of 30 people. Each group was randomly assigned one of the forms and the time to complete the resume was measured. Your task is to help Brody determine if less time is required to complete a resume with one of the templates than the others, on average. While we will introduce other methods to accomplish this, for this assignment, you are to run six separate t-tests comparing each pair of templates to learn about any differences in average completion times. In your executive summary:  Include a table that summarizes the pertinent information used to reach your conclusions.  Comment on how the average times are different for


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OSU BUSMGT 2320 - group 2

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