Description

Option #1: Statistical Analysis for a Life Insurance Company

Your organization, a life insurance company, wishes to analyze data from a heart health study to determine how to structure life insurance policies for individuals deemed at high risk for premature death. You are tasked with developing a better understanding of the variables in the data set containing research on heart conditions. Management wants you to explore this data set to determine if the data is suitable for use in the next phase of their upcoming analytics project.

Use SAS University Edition to conduct these statistical tasks:

  • Data exploration
  • Summary statistics
  • Distribution analysis
  • Table analysis

Note:

  • Statistical tasks are located under Tasks and Utilities > Tasks > Statistics.
  • The data set can be found in Libraries > SASHELP > HEART.

Submit an analysis of each variable in the data set. Include any tables, histograms, or scatterplot graphs necessary to support your analysis. Also, include a recommendation as to the suitability of this data set for meeting your organization’s business goal.

The final analysis report must meet the following requirements:

  • Be 4-6 pages in length, not including the cover and references pages.
  • Follow the CSU-Global Guide to Writing & APA (Links to an external site.). Your paper should include an introduction, a body with at least two fully developed paragraphs, and a conclusion
  • Be clearly and well written using excellent grammar and style techniques. Be concise and logical. You are being graded, in part, on the quality of your writing. If you need assistance with your writing style, you can find many writing resources in the CSU-Global Writing Center (Links to an external site.).
  • Be supported with at least three peer-reviewed, scholarly references, and one citation from the course textbooks. You may also include references from credible sources in print and from the Internet. The CSU-Global Library (Links to an external site.) is a great place to find these resources.

Refer to the Critical Thinking Assignment rubric in the Module 5 folder for more information on the expectations for this assignment.

Option #2: Statistical Analysis for a Baseball Company

Your organization, a baseball agency, wishes to analyze data from a player performance study to determine if past performance is a predictor of future performance. You are tasked with developing a better understanding of the variables in the data set containing research on player performance. Management wants you to explore this data set to determine if the data is suitable for use in the next phase of their upcoming analytics project.

Use SAS University Edition to conduct these statistical tasks:

  • Data exploration
  • Summary statistics
  • Distribution analysis
  • Table analysis

Note:

  • Statistical tasks are located under Tasks and Utilities > Tasks > Statistics.
  • The data set can be found in Libraries > SASHELP > BASEBALL.

Submit an analysis of each variable in the data set. Include any tables, histograms, or scatterplot graphs necessary to support your analysis. Also, include a recommendation as to the suitability of this data set for meeting your organization’s business goal.

The final analysis report must meet the following requirements:

  • Be 4-6 pages in length, not including the cover and references pages.
  • Follow the CSU-Global Guide to Writing & APA (Links to an external site.). Your paper should include an introduction, a body with at least two fully developed paragraphs, and a conclusion
  • Be clearly and well written using excellent grammar and style techniques. Be concise and logical. You are being graded, in part, on the quality of your writing. If you need assistance with your writing style, you can find many writing resources in the CSU-Global Writing Center (Links to an external site.).
  • Be supported with at least three peer-reviewed, scholarly references, and one citation from the course textbooks. You may also include references from credible sources in print and from the Internet. The CSU-Global Library (Links to an external site.) is a great place to find these resources