Reflection Consider the following: Many business activities generate data that can be thought of as random. An example described in the textbook is the servicing of cars at an oil change shop. Each ca

Reflection Consider the following: Many business activities generate data that can be thought of as random. An example described in the textbook is the servicing of cars at an oil change shop. Each car entering the shop can be considered an experiment with random outcomes. A variable of interest in this experiment could be the […]

Assessment Details Scenario: Pastas R Us, Inc. is a fast-casual restaurant chain specializing in noodle-based dishes, soups, and salads. Since its inception, the business development team has favore

Assessment Details Scenario:   Pastas R Us, Inc. is a fast-casual restaurant chain specializing in noodle-based dishes, soups, and salads. Since its inception, the business development team has favored opening new restaurants in areas (within a 3-mile radius) that satisfy the following demographic conditions: Median age between 25 and 45 years old Household median income above […]

A dashboard is a collection of charts and analyses. Executive dashboards play a significant role in business intelligence. They provide vital information at a glance and a deeper understanding of an o

A dashboard is a collection of charts and analyses. Executive dashboards play a significant role in business intelligence. They provide vital information at a glance and a deeper understanding of an organization’s current situation. Dashboards are used as a point in time, a high-level view of a business or organization. In this scenario, you will […]