Assess your ability to explain how you would apply organizational skills to math problems in real world situations.

The Value of Organization in Math

Each of the following problems will assess your ability to explain how you would apply organizational skills to math problems in real world situations.

Note: This assignment does not require research, but if you choose to use information from a source, be sure to cite it. To help make sure you are properly citing your sources, please review the Strayer Writing Standards. When you have answered all three questions, save the template with your completed responses as a Word document titled: Your Name_ MAT110_Week_4_Assignment and submit it in Blackboard in Week 4.

What is the average rating for all CBC movies? How about ABN movies and BBS movies? Provide a bar chart that compares these averages.

You will be analyzing the “Colonial Broadcasting” case included with the course pack that you bought at the beginning of the course . Begin by reading the description in the case. Then, answer the questions listed below, NOT the questions listed in the case. Ignore everything in the case document after the end of page 4.

The executives at CBC have four main areas in which they are interested: They want to see how they are doing in ratings against the other networks and how the ratings will continue to change in the upcoming months. They also want to know if hiring stars makes a difference and the impact of fact-based programming compared to hiring stars.

Remember that your audience is the management of CBC. Therefore, make sure your presentation is professional. Once you present your results, you need to justify and explain your findings with properly stated conclusions.

1) Answer the following questions:

a) What is the average rating for all CBC movies? How about ABN movies and BBS movies? Provide a bar chart that compares these averages.
b) Include a table that shows the descriptive statistics using the data analysis tool pack in Excel for the ratings of the three networks .
c) Comment on how the networks are performing, by comparing and interpreting the metrics in the descriptive statistics table. Your analysis must extend beyond simply comparing the average ratings for each network.
2) Create a line graph of the monthly average ratings for CBC for the year. Note that there are multiple ratings data for the months; you will need to calculate an average for each month first, and then plot the averages. After you create the graph, fit a linear trend line and a 2nd order polynomial trend line, displaying the formula and the r-squared. Explain to the executives if you can use this time series data to forecast the ratings of upcoming months. Which forecasting method is better? How accurate can you expect this forecast to be?

What is the value of doing this assignment? You’ll practice your problem solving skill by identifying foundational statistical concepts and explaining how data-driven decision making can help inform real world problems.

Data driven decisions 
Course: MAT210 – Data-Driven Decision Making
Week 3 Assignment 1: The Foundation of Data-Driven Decisions
Due: Week 3
Points: 85
Skill(s) Being Assessed: Problem Solving – Data Analysis
What to Submit / Deliverables: Word Document uploaded to the Blackboard Assignment
What is the value of doing this assignment? You’ll practice your problem solving skill by identifying foundational statistical concepts and explaining how data-driven decision making can help inform real world problems. This will provide you with a solid foundation that will help you to not only be successful in this course, but to learn to make smarter, data-driven decisions in your personal and professional life.

How long will it be before All-Store starts operating at a loss? How long will it be before All-Store goes bankrupt? How Long Before All-Store Starts Operating at a Loss?

Basic Quantitative Methods

You can use a calculator to complete the calculations. Make sure to show and check all of your work.

Part 1: Your Calculations
Declining Sales
The general manager wants to know what the impact will be on the business if sales continue to decline at the current rate and no action is taken. This can be broken down into two questions:

How long will it be before All-Store starts operating at a loss?
How long will it be before All-Store goes bankrupt?

How Long Before All-Store Starts Operating at a Loss?
When a company makes less money than it spends, this is referred to as operating at a loss. Another way to express this is “the net profit equals zero.”

Analyze them to determine how the company All Stores is doing and then provide recommendations to your manager on what to do about your findings.

Basic Quantitative Methods

A Calculations and Report worksheet with 2 parts requiring you to perform calculations and then analyze them to determine how the company All Stores is doing and then provide recommendations to your manager on what to do about your findings. *As always, 1:1 coaching sessions are available to you.

Deliverable (1):
Calculations and Report Document

Video Previews:

Video Preview#1: Declining Sales
Video Preview#2: Skeleton Crew
Video Preview#3: Rent v. Buy

Helpful Resources:

Supporting Materials:
All-Store Profit and Loss Statement
All-Store Hours and Staffing Notes
All-Store Loan Estimate

All-Store June Bank Account Statement

Is a savings account a good way to earn interest? When looking at opening a savings account, what should you look for: higher interest rate or more frequent compounding?

Financial Statement
Money is a central concept for everyone no matter what age you are. In this project, you will explore exponents using the compound interest formula to make conclusions on investments.

In this project, you will:

Use exponents to calculate the amount of interest earned on an investment.
Evaluate formulas with exponents.
Convert interest rates to decimals.
Apply the order of operations.

To complete this project you will:

Complete the Financial Report Worksheet to guide you in developing your budget. Be sure to show all work!
Complete a 2-page, double-spaced, APA-formatted report. In the report, you need to present your findings and explain your conclusions on interest rates and compounding frequency. Thoughts to include in the report include: Is a savings account a good way to earn interest? When looking at opening a savings account, what should you look for: higher interest rate or more frequent compounding?
Be sure to cite your sources for the interest rates from the chosen financial institution!

Describe multiple strategies you will use to solve the problem. Ex, where would you look for appliances, any special time of year, bundles, sales, etc? Also, how do you finance, store credit, credit card, bank loan?

You are going to get two different grades for this project. The first grade is what will go in the grade book and is based on the information below. The second “grade” is actually a score that gets reported to the college based on how well you follow the Problem Solving Rubric . This score does not affect your grade, but you should try to follow both my scoring guidelines as well as the Problem Solving Rubric when you are working through this project.
This is how your grade will be determine for this course:
⦁ Define the problem – 10 Points
⦁ Create a well-defined problem statement.
⦁ Identify Strategies – 20 Points
⦁ Describe multiple strategies you will use to solve the problem. Ex, where would you look for appliances, any special time of year, bundles, sales, etc? Also, how do you finance, store credit, credit card, bank loan?

Pick an investment that interests you and identify at least 3 ways math is important when evaluating the costs and potential returns of that investment. Explain why math is important in each case and illustrate your point by using math in some examples.

Choose one topic to write about
Topics:

Home Improvement – Pick a home improvement project that interests you and identify at least 3 ways math is important when calculating the materials, labor, and budget needed for that project. Explain why math is important in each case and illustrate your point by using math in some examples.

Travel and Lodging – Pick a trip that interests you and identify at least 3 ways math is important when planning and budgeting for that trip. Explain why math is important in each case and illustrate your point by using math in some examples.

Saving and Investing – Pick an investment that interests you and identify at least 3 ways math is important when evaluating the costs and potential returns of that investment. Explain why math is important in each case and illustrate your point by using math in some examples.