You have example of a car wash do quantitative processes, then you should accomplish the following tasks.
Question:
You have example of a car wash do quantitative processes, then you should accomplish the following tasks.
-Describe the car wash business and how quantitative analysis can be used to make it more efficient.
-Explain the quantitative processes you used to analyze the car wash business.
-Determine if the car wash business exhibits any type of distribution? What type? Explain your findings.
- Outline the decision-making steps with regard to your analysis.
-Is there correlation or causation in your findings? Explain.
Examine the coefficient of determination and the coefficient of correlation, and deduce their meanings. In your response to this, explain the four values of the correlation coefficient.
-Summarize your data findings from the car wash business.
- Display any computations you used (probability, distributions, decision trees).
Your completed project must be at least four pages in length. It should include an introduction section where you include what you will prove regarding the quantitative analysis tools you used, the main points of your paper, and a conclusion section that includes a summary of what the data display about your selected business and how it could improve.
Cost Management Measuring Monitoring and Motivating Performance
ISBN: 978-0470769423
2nd edition
Authors: Leslie G. Eldenburg, Susan K. Wolcott