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QNT 561 Week 3 Individual Assignment A Decision of Uncertainty Paper

QNT 561 Week 3 Individual Assignment A Decision of Uncertainty Paper PLDZ-155 Instant Download Price
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University of Phoenix

QNT 561 Week 3 Individual Assignment A Decision of Uncertainty Paper

 

Individual

A Decision of Uncertainty Paper

Resource: University of Phoenix Material: A Decision of Uncertainty

Research statistical data in a business context that requires a decision. Use probability concepts to formulate a decision.

Write a 700- to 1,050-word paper explaining your research methods and process for limiting the uncertainty in the decision.

Address the following in your paper:

  • Include how you applied concepts to formulate your decision.
  • Include appropriate probability concepts and your application to find resulting data to limit uncertainty in this decision.
  • Identify each outcome from your statistical analysis, providing rationale for each.
  • Identify tradeoffs between accuracy and precision required by various probability concepts and the effect on your data.
  • Include the decision you made based on statistical data.

Format your paper consistent with APA guidelines.

University of Phoenix QNT 561 Week 3 Individual Assignment A Decision of Uncertainty Paper Individual A Decision of Uncertainty Paper Resource: University of Phoenix Material: A Decision of Uncertainty Research statistical data in a business
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