Question: XYZ Company has decided to upgrade its information management systems with the hope of increased security and improved decision-making capabilities based on quantitative data gathered within these systems. As one of the information technology managers, you have been asked to conduct research on the following in terms of this upgrade for the organization: Hardware, software, networks and telecommunications, decision support systems, and how data can be used more effectively to analyze key performance indicators and overall performance, including data collection, sampling distributions, hypothesis testing, inference, and analysis of variance as they pertain to assessing the strengths and weaknesses of the organization.

Be sure to create a formal report and present it to the Chief Information Officer. Length: 3-5 pages, not including title page and references. Please use the concepts from the Peregrine Modules as well as three additional scholarly sources for support throughout your presentation. Additional reliable sources may also be used. Your response should demonstrate thoughtful consideration of the ideas and concepts presented in the course by providing new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards.