Descriptive Statistics and Visual DisplaysAssignment Overview
Professional Application with Excel
**Complete Module 1 SLP before Module 1 Case**
Critical thinking and analysis are valuable skills for professionals in any industry. Exploring data can include financials, sales figures, benchmarks, or survey results. While data is everywhere, it is meaningless unless we can use it to support decision-making.
Tables, graphs, and output from Excel may be non-sensical. This is where the analyst comes in; their knowledge and expertise are used to interpret results. If a visual or output cannot be easily explained, then it may not be useful.
Case 1 ResourcesLoad the Analysis ToolPak in ExcelAvailable chart types in OfficeAnalyze Data in ExcelDifferences between histograms and bar chartsHow to Label Figures in APA Format
Case Assignment
Industry Research and Analysis with Excel
Research the industry listed in the Excel sheet. Using a US Industry Report in IBISWorld’s Industry Research, provide a one-page background of the industry. Find a balance between explanations, data and statistics provided. You must decide what information should be included in this section.
(IBISWorld Research support required) This section must be one page in length.
Next, create a histogram for each of the four survey measures. Describe the skew and spread. Make connections between analysis of each histogram and the “descriptives” from Module 1 SLP. Using research on the state of the industry, provide rationale for the results. (Research support required)
Finally, use Analyze Data in Excel. Select three of the suggestions and add them to this report.
- Insert Chart in Word.
- Describe the findings. Link to information from “descriptives.”
- Discuss implications for the industry. (Make connections with the research from IBISWorld).
Case 1 Assignment Guidance FilesBUS520 Case 1 Assignment Video GuidanceBUS520 Case 1 Assignment Guide
No quotations are permitted in this paper. Since you are engaging in research, be sure to cite and reference the sources in APA format. NOTE: failure to use research with accompanying citations to support content will result in reduced scoring “Level 2-Developing” across the grading rubric. This is a professional paper; not a personal one based on feelings. It must be written in the third person; this means words like “I”, “we”, and “you” are not appropriate.
This is the Data and Scenarios that will be used for class.
**********A NEW SET OF DATA AND INDUSTRY ARE USED EACH SESSION**********
If you procure old assignments from students or websites and use the data for your assignment, you will receive a zero because it is considered a violation of the University’s academic integrity policy. The case will be referred and become part of your collegiate record. In certain circumstances, you may be awarded an F for the course.
If you are taking this class for a second time, submission of past work involving the data sets will result in a zero for the assignment. Your answers will be wrong since you are working with a different set of numbers and a different industry.
**********A NEW SET OF DATA AND INDUSTRY ARE USED EACH SESSION**********
Assignment Expectations
Use the attached APA-formatted template (BUS520 Case1) to create your submission.
The template is set up in APA 7: double-spacing, font, margins, headings, page breaks, APA help links.
Your submission will include:
- Trident University International’s cover page
- A paper with APA citations (2- to 3-sentence introduction, body (includes Excel output), 2- to 3-sentence conclusion)
- The reference list page in APA format
- Excel Spreadsheet. Grade will not be posted without Excel upload.
