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QNT562 Week5 Economic Vitality Index

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QNT562 Week5 Economic Vitality Index

Statistics for Explanation

QNT562 Week5: Your team has been asked by the Economic Development Department of Kelsey to compare Kelsey against another US city of similar size within a range of plus or minus 15% of the population of Kelsey. To do the comparison, your team must prepare graphical and numerical descriptive statistics for each city and create an index for comparing the economic vitality of medium-sized municipalities in the United States. Economic vitality is not a standard measure; in this activity, you must decide what data shows economic vitality.

Resource: City of Kelsey Virtual Organization

Access the Virtual Organizations government portal. Click the City of Kelsey seal and choose the City Government tab at the top of the page. Review the Kelsey Profile and the Kelsey Comprehensive Annual Financial Report June 2005.

Create an economic vitality index using at least five parameters of your choosing from parameters available in data sources associated with Kelsey and those that are accessible on the Internet for US cities. See the websites listed below.

Use your index to rate Kelsey against the other city.

Prepare an 8- to 10-slide Microsoft® PowerPoint® presentation to the Economic Development Department of Kelsey that shows the following:

  • Comparative demographic statistics for Kelsey and the selected city
  • Hypothesis tests of the two largest differences you see between the cities’ demographics to determine if these differences are significant at the 0.05 level
  • The process your team used to create the economic vitality index
  • The results of how Kelsey compares with the selected city using your economic vitality index

Note. To see what data are available on other cities in the United States, consult the following websites:

Format your economic vitality index consistent with APA guidelines.

 

This assignment contains a Microsoft Excel spreadsheet and a PowerPoint presentation.

Click HERE for more QNT562 weeks.

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