Ask Accounting Basics Expert

select a specific problem you see in the workplace (or, if you have limited work experience, that you would find it valuable to solve in your home life), and then identify what you wish to study. You must apply the theories and concepts from the course to interpret and formulate your hypotheses. Be sure to identify why the answer/solution matters. Once you have your hypotheses, go through the scientific method and statistical process to sample and answer the question. Be sure that you justify the statistical test that you use and either reject or fail to reject the null hypothesis based on the data. Your conclusion should be entirely data driven, with the implications clear.

In this assignment, you will demonstrate your mastery of the following course outcomes:

• QSO.510.1 Provide students with a basic understanding of several quantitative techniques that are used extensively for decision making in business
• QSO.510.2 Enable students to recognize problem areas in their fields of professional responsibilities and to apply the appropriate quantitative methods for obtaining rational solutions
• QSO.510.3 Increase the student's effectiveness in communicating with other specialists in the firm such as industrial engineers, production managers, operations researchers, statisticians, and other problem-solving and decision-making persons
• QSO.510.4 Enable students to use the power of the spreadsheets and statistical software in the application of the quantitative techniques

Specifically, the following critical elements must be addressed:

1. Statistical Argument: Propose an argument that answers the prompt. Include a strong thesis statement connected to data-driven evidence. (QSO.510.3)
a. Topic Selection (QSO.510.1): Select an appropriate topic and provide a detailed explanation of the significance.
b. Citations (QSO.510.1): Paraphrase and/or integrate quotes effectively.

2. Data Collection: Once you finalize your research question, compile your research and collect raw data. (QSO.510.4)
a. Organization (QSO.510.3): Include a clearly stated thesis and a well-organized body section of your paper.

3. Statistical Process (QSO 510.2): Using your knowledge of the scientific method and statistical process to analyze the data:
a. Descriptive Statistics (QSO.510.2): Summarize the population data by describing what was observed in the sample set numerically or graphically.
b. Inferential Statistics (QSO.510.4): Use patterns in the sample data to draw inferences about the population represented, accounting for randomness. These inferences may take the form of hypothesis testing (i.e., answering yes/no questions about the data), estimation (estimating numerical characteristics of the data), correlation (describing associations within the data), and modeling relationships within the data. (QSO.510.4)
c. Null Hypothesis (QSO.510.2): Refer to a general or default position-that there is no relationship between two measured phenomena. Rejecting or disproving the null hypothesis is concluding that there are grounds for believing that there is a relationship between two phenomena or that a potential treatment has a measurable effect.

4. Primary-Source Analysis (QSO.510.2): Select sources in support of your thesis statement. Critically examine the sources in context of your paper topic. Remember that this is not based on opinion, but rather based on analysis of the statistical data. The source methodology supports your thesis statement.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91601758
  • Price:- $40

Priced at Now at $40, Verified Solution

Have any Question?


Related Questions in Accounting Basics

Question what discoveries have you made in your research

Question: What discoveries have you made in your research and how does this information inform your ability to evaluate effective coaching and its impact on organizations? Consider these guiding questions: 1. What core c ...

Question requirement 1 read the article in below attachment

Question: Requirement: 1. Read the article in below attachment, and answer the questions in a paper format. Read below requirements before your writing! 2. Not to list the answers, and you should write as a paper format. ...

Question as a financial consultant you have contracted with

Question: As a financial consultant, you have contracted with Wheel Industries to evaluate their procedures involving the evaluation of long term investment opportunities. You have agreed to provide a detailed report ill ...

Question the following information is taken from the

Question: The following information is taken from the accrual accounting records of Kroger Sales Company: 1. During January, Kroger paid $9,150 for supplies to be used in sales to customers during the next 2 months (Febr ...

Assignment 1 lasa 2-capital budgeting techniquesas a

Assignment 1: LASA # 2-Capital Budgeting Techniques As a financial consultant, you have contracted with Wheel Industries to evaluate their procedures involving the evaluation of long term investment opportunities. You ha ...

Assignment 2 discussion questionthe finance department of a

Assignment 2: Discussion Question The finance department of a large corporation has evaluated a possible capital project using the NPV method, the Payback Method, and the IRR method. The analysts are puzzled, since the N ...

Question in this case you have been provided financial

Question: In this case, you have been provided financial information about the company in order to create a cash budget. Management is seeking advice or clarification on three main assumptions the company has been operat ...

Question 1what step in the accounting cycle do adjusting

Question: 1. What step in the accounting cycle do Adjusting Entries show up 2. How do these relate to the Accounting Worksheet? 3. Why are they completed at the end of each accounting period? The response must be typed, ...

Question is it important for non-accountants to understand

Question: Is it important for non-accountants to understand how to read financial statements? If you are not part of the accounting/finance function in a business what difference would it make? The response must be typed ...

Question refer to the hat rack cash flow statement 2002 in

Question: Refer to the Hat Rack Cash Flow Statement, 2002 in the text on page 17. Answer the following questions and submit to me via Canvas by the due date. 1. Cash flow from operations? 2. Cash flow from investing? 3. ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As