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Read and watch the action items: https://youtu.be/4_9vGqQaCFk https://youtu.be/ZdcoTVYJNF4 These resources are provided to study and complete this submission.Assignment:A consulting agency has...

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https://youtu.be/4_9vGqQaCFk






https://youtu.be/ZdcoTVYJNF4




These resources are provided to study and complete this submission.


Assignment:


A consulting agency has a specialty of supporting global government entities in a public-private partnership to plan and implement infrastructure improvement needs. This consulting agency is evaluating customers to prioritize which countries to target. A major cost on their construction project is cement, so they researched supplier prices per pound for each quarter over the past several years (
attached is this data in an Excel file, select title from 1.4 Course Content to obtain attachment and see assessment rubric with performance criteria for this submission
):




  1. What are the descriptive statistics for cement prices? Must use Excel Data Analysis Toolpak and submit Excel file in this dropbox.




  2. Summarize in your own words what happened to cement prices over this time period. Each of the descriptive statistics calculated with the Excel Data Analysis Toolpak should be included in this explanation.




  3. Create a scatter plot, line graph, or other chart of the cement prices.




Create One Excel file with this information.


See attached rubric to understand further expectations on each of the three performance criteria for this assignment.

Answered Same Day Mar 25, 2023

Solution

Asif answered on Mar 25 2023
29 Votes
Operations Management 1
Operations Management
Name and Number of Student
Date of Submission
Answer 1: Descriptive Statistics for Cement Prices
Table 1- Descriptive Statistics for Cement Prices
(Source: Self-Created)
Cement Prices Summary:
From the data provided, we can see that the cement prices have been fluctuating over the past several years. The average price was $103.85275, with a standard deviation of $3.579775933. The maximum price of cement was $113.09, while the minimum was $98.2. Additionally, the data shows that the cement prices have been relatively stable over the past several years, with only minor fluctuations.
Answer: 2    
Over the period of January 2013 to January 2023, the cement prices...
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