Business Case for Statistical Applications

Posted: March 24th, 2022

Identify a specific organizational problem (US based organization) that could be addressed through statistical applications, and create a business case (justification for why your problem is important and should be prioritized above other projects requiring resources) to support the need for the analysis. business case should consist of the following components: Description of the problem statement Justification as to why solving the problem is important, which should be connected to an organizational strategic initiative Explanation of how statistical applications could be used to solve the problem (e.g., how you would descriptively analyze your data and run statistical tests for hypothesis testing) Summary PLEASE NOTE PLEASE CREATE A DATASET FOR THIS ASSIGNMENT PLEASE USE ACADEMIC JOURNAL RESOURCES THAT ARE CURRENT WITHIN THE LAST 3 YEARS AND PROVIDE RESOURCE LINKS