This is part 1 which should be used to write part 2. Part 2 is what I need assistance with.Identify a business problem or opportunity at a company where you work or with which you’re familiar. This will be a business problem that you use for the individual assignments in Weeks 3-5. It should be a problem/opportunity for which gathering and analyzing some type of data would help you understand the problem/opportunity better.Identify a research variable within the problem/opportunity that could be measured with some type of data collection.Consider methods for collecting a suitable sample of either qualitative or quantitative data for the variable.Considerhow you will know if the data collection method would be valid and reliable.Develop a 700 to 1,050-word analysis to describe a company, problem, and variable.Include the following in your submission:Identify the name and description of the selected company,Describe the problem at that company,Identify one research variable from that problem,Describe the methods you would use for collecting a suitable sample of either qualitative or quantitative data for the variable (Note: do not actually collect any data)Analyze how you will know if the data collection method would generate valid and reliable data (Note: do not actually collect any data)Format your assignment consistent with APA guidelines.Part 2Use the same business problem/opportunity and research variable you wrote about in Week 3.Remember: do not actually collect any data; think hypothetically.Develop a 700 to 1,050-word report in which you:Identify the types of descriptive statistics that might be best for summarizing the data, if you were to collect a sample.Analyze the types of inferential statistics that might be best for analyzing the data, if you were to collect a sample.Analyze the role probability or trend analysis might play in helping address the business problem. Analyze the role that linear regression for trend analysis might play in helping address the business problem.Analyze the role that a time series might play in helping address the business problem.
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