Explain what “association” (correlation) means in statistics. What are tests of association used for?

For this week you will be covering chapter 14 (Association) in the course text and chapter 10 in the SPSS workbook (Bivariate Correlation). For this assignment you will do two things:
1) Explain what “association” (correlation) means in statistics. What are tests of association used for? What do they tell us? Provide an example of a topic where you would like to study the association between variables.

2) Review the Output table on page 147 in the SPSS workbook (15th edition). What are the variables being looked at? Describe what was found between two different comparisons (associations) in the table (ex: variables A & B, and variables B & D). What does this tell you about the association between these different variables?

Develop a cost sheet with an explanation of services, cost break down and total costs of services.

The purpose of this assignment is to estimate what a funeral costs. Recently funeral homes have been required to produce lists of prices for their available services. Contact a local funeral home or search online and find out the costs for various service you would want included in your funeral. Then add up the prices of the services and equipment for a total cost. Be sure to include the following, as well as any additional costs that you see are important. Develop a cost sheet with an explanation of services, cost break down and total costs of services.

casket price range
Music for before and after the service
Service participants: 1. Clergy,2. Musicians, etc.
Body Preparation: 1. embalming, 2. dressing, 3. cosmetology, etc,
Transportation of the body: 1. in-town/ to funeral home, 2. out-of-town/ air transportation,
Additional miscellaneous services: 1. Guest sign in book, 2. Tent rental, 3. Grave marker, 4. obituary, 5. visitation,
Cremation services & urn.

Develop various ratios on total sales, ROI and Profit analysis, and other ratios necessary to explain your projections for 6 years

This strategic business plan project is to enable students connect all their learning in the course with the CESIM simulation and the application in the real world. The Project aims to engage students in learning activities where they will apply knowledge gained during the course, and in so doing, work to achieve the learning outcomes.
a) This is a group project report by maximum 5 members.
b) You are required to prepare a 10 to 15 page strategic business plan for your organization based on CESIM.

Project Overview
This is a group strategic plan paper based on the simulation and all activities in the class. The report should start in week 5 at the commencement of the simulation because it is expected that students will continue to work on the project and incorporate changes made to the decision based on various factors and environmental changes.

Your Team’s Task
Your team is in charge of all decisions made by your company in the simulation. You will use this project to reflect on all decisions made (previous years), and will make in subsequent years. Each week represent a year, it is therefore important you look at a long term plan using various changes your company will face in each market as well as the strategic moves made by your competitors. It is important you clearly articulate where you are now, where you are going and also how you intend to meet your vision as a company.
Your presentation should be broken into these sections:
A) Background Information
Company overview – Name and Logo, various products and their factures and specifications, and any other information you feel you need to provide. Please include your mission, vision and core values and key management staff and their responsibilities.
B) Current Situation and Trends
Detail information on the market, competition, macro and microenvironment, and trends, including size and growth rates for the overall market and any key segments. Industry analysis, target customers, competitive analysis and advantage
C) Key Issues and Objectives
SWOT analysis for the organization and state how you intend to build on your strength, identify and pursue your opportunities, minimize your threats and improve on your weakness. Please state 4 SMART objectives for 6 years. The objective should cover: marketing and sales, production, research and development, finance and accounting.
D) Marketing Strategies/Action Plans
Detail steps and actions your team will take to meet each of the objectives for the 6 years. This should include what you have done in previous years and your long term plan and strategy for coming years. Also include overall strategy and operational tactics for each year
E) Key Performance Indicator
Develop various ratios on total sales, ROI and Profit analysis, and other ratios necessary to explain your projections for 6 years
F) Financial Projections
Financial statements for each year

What are some potential problems (uses and limitations) with the information received from the ratios?

This week you will gather the information to design the organizational chart for your company, the ticker symbol, the countries your company operates in, the major line of business they are in and their biggest competitors. You will click on the link above to access your Capstone Case Study Slides (with your name and company) to update your information. You may have creative liberties in the Slide design.

Update your Capstone Case Study Slides with the information below for this week & next (do not put off as this is A LOT of information hence why it spans two weeks):

Calculate the figures from Chapter 4 for your company.
Use all of the formulas from Table 4.2 only. Please remember if your company doesn’t sell products but rather services, you will not have inventory and thus will be unable to calculate the inventory ratios. All other ratios are REQUIRED. You must calculate ratios (do not get them from a website as this does not demonstrate proficiency in the subject matter). 4.2 will contain quite a few ratios. In addition to the industry average, you may also want to include the competitor for comparison purposes.
Financial Statements (graphic and link)
What do the ratios tell you immediately about the company?
What are some potential problems (uses and limitations) with the information received from the ratios?
What about what the ratios tell you compared to peer firms? (HINT: you may have to calculate some for peer firms as well. The top two competitors of the company will do).
Based on this analysis of the ratios of both your company and the peer, which do you think will fair in the long term and why?
Does the change in stock price reflect the changes over the last year that have occurred in the markets as compared to the Dow Jones Industrial Average (DJIA)?
Do you expect the price of the stock to increase or decrease based on your ratio analysis?

Provide statistical data in support of the policy. Explain how the data supports the policy.

You have been working in a criminal justice agency for almost a year now, and one of your goals for your annual review is to propose new ideas or support new policies. With a month before your review, you are ready to work on this goal.

Research a new or proposed criminal justice policy you support.

Write a  memo in support of a new policy in which you:

o Describe the policy.

o Explain why you support the implementation of the policy.

o Provide statistical data in support of the policy. Explain how the data supports the policy.

Compare and contrast the characteristics of rural and urban communities.

Population affected by disabilities.

Rural and migrant health.

Read chapter 21 and 23 of the class textbook and review the PowerPoint presentations under Lectures. Once done, answer the following questions.

1. Define and discuss in your own words the definitions and models for disability.

2. Discuss the difference between illness and disability.

3. Compare and contrast the characteristics of rural and urban communities.

4. Discuss the impact of structural and personal barriers on the health of rural aggregates.

Write a brief report on the significance (e.g. financial, labor etc.) of logistics on Georgia (state and/or businesses and/or individuals), U.S. You can look into Savannah Port, I-75, I-95, warehouses, Atlanta airport etc.

Watch a Youtube video on the history of logistics. What did you learn? Copy the url.
Write a brief report on the significance (e.g. financial, labor etc.) of logistics on Georgia (state and/or businesses and/or individuals), U.S. You can look into Savannah Port, I-75, I-95, warehouses, Atlanta airport etc.
What do you think about Reverse Logistics? Are there companies using RL as a competitive advantage?
What should an auto manufacturer do regarding its supply chain before designing a completely new car like electrical?

What influence do unit and mid-level managers have on the various kinds of budgets?

After exploration of the types of budgets and the processes for their development at your institution. How and from whom is input into the budgets acquired and used? Where does control of the budget lie? What influence do unit and mid-level managers have on the various kinds of budgets?