RES 710 Week 3 Assignment

RES 710 Week 3 Assignment: Individual Graded Application #1

Assignment Content

Organizations frequently leverage standard deviation measurements to inform a variety of business decisions. For example, financial planners often evaluate the standard deviation of a potential investment to determine its associated risk.

Research the practical applications of standard deviation in your discipline.

Provide a relevant example from your discipline that demonstrates how standard deviation might be used to inform organizational processes or decisions. Be sure to include:

• an applied example of an organizational process or decision that could be influenced by calculating the standard deviation; and
• the data sources that would be used in the statistical measurement.

Explain how you would justify the use of evidence to inform a new process or business decision to the stakeholder in your organization.

Post your original response by Day 4.

Resources

• Center for Writing Excellence
• Reference and Citation Generator
• Grammar and Writing Guides
• Learning Team Toolkit

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