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MBA 504 Course Infographic

MBA 504 focuses on applying statistical techniques for data analysis to support business decision-making, particularly for TC Ice Cream's expansion plan. The course includes two milestones and a final project where learners will analyze data to recommend the most profitable flavors. Key competencies include using descriptive statistics, performing regression analysis, and applying statistics in a business context.

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Raghunath Iyer
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3 views

MBA 504 Course Infographic

MBA 504 focuses on applying statistical techniques for data analysis to support business decision-making, particularly for TC Ice Cream's expansion plan. The course includes two milestones and a final project where learners will analyze data to recommend the most profitable flavors. Key competencies include using descriptive statistics, performing regression analysis, and applying statistics in a business context.

Uploaded by

Raghunath Iyer
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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MBA 504

Applied Business Statistics

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This course will focus on the application of statistical techniques to analyze data in
order to make critical business decisions. Starting with an overview of how to use
and interpret descriptive statistics, learners will be challenged to think critically and
derive significance from a large volume of data and how this data can be used to
determine causes, forecast the future, and measure performance. Using these
tools, the learner may develop the information needed to increase productivity,
identify opportunities for improvements, and assist leadership in making sound
judgments.

Business Scenario
You have been hired as a consultant by TC Ice Cream. As part of its expansion plan, TC
Ice Cream wants to limit the number of flavors that they sell and only focus on those
which are the most profitable.

The TC Ice Cream management team has tasked you with doing an in-depth analysis to
determine which of the two options will be the most profitable. You will select a division
and two flavors to review to make your recommendation. You will be required to use
various business analysis techniques to formulate your recommendation. You will
complete two milestones and a project in which you will present your recommendation
to an audience of stakeholders.

Projects
The course goals are communicated through three competency statements.
Competencies represent the knowledge and skills relevant to your field. Learners will
complete one project with two milestones.

Milestone One (Module Three Submission)


Submit an Excel workbook and a PowerPoint presentation with descriptive statistics
analysis, admissions trends, and expense trends for TC Ice Cream.

Milestone Two (Module Six Submission)


Submit an Excel workbook and a Power Point presentation with multiple bivariate and
multivariate regressions and a predictions and trends report.

Project (Module Nine Submission)


Submit a completed Excel workbook and a final presentation using PowerPoint.
In this project, you will demonstrate mastery of the following competencies:
● Use descriptive statistics for business analysis
● Perform regression analysis to address an authentic problem
● Apply statistics in the business environment

Assignments Roadmap
The information below is meant to help learners plan for the course and budget time
over the 10 weeks of the course. Learners are expected and encouraged to reach out
to the instructor for support and feedback.

Module One
Discussion: Your Experience with Data
Excel Workbook: Descriptive Statistics and Charts Using Excel

Module Two
Excel Workbook: Generate Visualization

Module Three
Milestone One: Current State Analysis

Module Four
Excel Workbook: Perform Bivariate Regression
Power BI: Create Power BI Charts for Key Attributes

Module Five
Excel Workbook: Perform Multivariate Regression

Module Six
Milestone Two: Relationships and Trends

Module Seven
Video Check-in: Learner-Instructor Connect
Power BI: Create Power BI Charts for Subcategories

Module Eight
Excel Workbook: Create Dashboard

Module Nine
Project: Analysis Workbook and Final Recommendations

Module Ten
Discussion: Key Lessons and Challenges

Building Industry-Recognized Skills


This MBA program offers two required courses to help build industry-recognized skills
that will enhance your professional profile. Additionally, you also have the choice to
enroll in two optional courses to further build on your professional credentials.

Required Courses
● AICPA Badge: Power BI
● Lesson 1: Introduction to MS Power BI Tools due in Module Two)
● Lesson 2: Prepare Your Data Efficiently for Excel Analysis (due in Module
Three)
● Wiley Acclaim: MS Excel for Accounting (due in Module Ten)
● Lesson 4: Data Summarization/Visualization (due in Module Seven)
● Lesson 5: Descriptive Statistics (due in Module Two)

You are expected to complete these assignments and to download the completion
certificate or take a screenshot of the completion screen and submit it for grading
purposes. While taking the screenshot, ensure that your name, the badge or course
name, and the visual indication of completion are clearly visible.

Optional Courses
● AICPA Certificate Course in Human Intelligence: Time Management
● Wiley Acclaim Badge: MS Excel for Accounting

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