Purpose of Assignment
The purpose of this assignment is for students to learn how to make managerial decisions using a case study on Normal Distribution. This case uses concepts from Weeks 1 and 2. It provides students an opportunity to perform sensitivity analysis and make a decision while providing their own rationale. This assignment also shows students that statistics is rarely used by itself. It shows tight integration of statistics with product management.
Resources: Microsoft Excel®, SuperFun Toys Case Study, SuperFun Toys Case Study Data Set
Review the SuperFun Toys Case Study and Data Set.
Develop a 1,050-word case study analysis including the following:
Sketch the distribution and show its mean and standard deviation. Hint: To find the standard deviation, think Empirical Rule covered in Week 1.
Format your assignment consistent with APA format.
Click the Assignment Files tab to submit your assignment.
Note: Grades are awarded based upon individual contributions to the Learning Team assignment. Each Learning Team member receives a grade based upon his/her contributions to the team assignment. Not all students may receive the same grade for the team assignment.
*** PLEASE NOTE THIS IS A GROUP EFFORT AND THE BOLD IS MY BULLET POINT. ATTACHED ARE ALL THE DOCUMENTS, PLEASE FEEL FREE TO REACH OUT IF YOU HAVE ANY QUESTIONS.
**IMPORTANT; follow grading guide attached. References: Ken ,Black. (2016). Business Statistic For contemporary Decision Making 9th Edition
Feel free to use more than one reference.
Cannot accept more than 5% of plagiarism
This professor is super annoying and strict, so please be aware of that.
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