In this assignment, you will articulate a business problem and identify variables and quantitative statistical techniques to investigate the issue.
Business Problem: Formulate a current business problem using examples and descriptions drawn from scholarly literature or a specific business organization.
Using your own ABRP or the example project, identify the business problem.
State and briefly explain it.
Explain the problem’s relationship to the research question.
Research Question: Refine the business problem into one or more research questions that require the use of inferential statistics and allow for an exploratory investigation.
From the business problem, explain a research question that will require use of inferential statistics.
With each question, address the relationships among variables and/or the difference among groups or conditions.
Variables: Refine the research question into variables that are operational and measurable.
Identify the variables that are involved in that research question.
Explain the significance and magnitude of the statistical relationships or differences.
Data Collection Instruments: Explain how to evaluate the ability of the instruments or other data collection methods to quantify the variables.
Identify the instruments or other data collection methods that will be used to gather the data needed to measure your variables.
Explain how these instruments and/or methods will be evaluated to assure their validity and reliability.
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