Probability

The following reading/viewing will provide you with the input you need to successfully complete this assignment.

• https://writingcenter.unc.edu/tips-and-tools/figures-and-charts/ —–
on the UNC Writing Center Tips and Tools website. For the assignment, read starting at “Using Figures” through to the end of the document.
• https://www2.deloitte.com/content/dam/Deloitte/ec/Documents/technology-media-telecommunications/DI_Becoming-an-Insight-Driven-organization%20(2).pdf
by Tim Smith, Ben Stiller, Jim Guszcza, and Tom Davenport from Deloitte Insights. This document contains the data you will use as evidence for your argument that your division will be more profitable if employees are proficient in statistics and probability. Read the assignment instruction prior to reading this. (It is a document that Deloitte makes publically available.)

You may use other resources but the previous resources have to be use.

Assignment description

You are working for Rešitel International, a 14,000 person consulting organization. You work in a division of the organization that provides client services in your field. That is, all of the types of professional work products your field produces are marketed to Rešitel clients as a consulting service. Your manager has asked you to write a memorandum to be provided to your division leaders. This memorandum will make a case that increasing the number of employees in the division proficient in statistics and probability will improve provided services and increase profitability. The leaders he has asked you to address the memorandum to are Fiya Basak, Vice President of [your field]; Anozie Nwaike, senior manager of [your field]; and Elizabeth Rice, senior manager of [your field]. You will also copy it to your boss, Louis Armstrong. You are to assume that these leaders are senior professionals in your field with the knowledge that entails. Specifically, Mr. Armstrong is requesting that the division require and verify probability and statistics proficiency for all new hires in the division. He has tasked you with accomplishing this by:
1. Highlighting how statistics and probability are used in the services your division provides to clients. To support your argument, this part of the document will summarize aspects of the services your division provides in which statistics and probability are applied and for what purpose each is used. Note: In this section, I expect you to use the research you did for assignment IDL 1. However, as you are writing to a different audience for a different purpose, you will use it differently. If you feel your research from IDL 1 is inadequate for this assignment, you may add additional sources.
2. The importance to division success of having all employees engaged in data analytics (analyzing data using probability and statistics for increased profitability and meeting division goals). For this part of the work, he is providing you with a document (Links to an external site.) summarizing external research data provided by a Rešitel partner, Deloitte, to support this case. He wants you to review this data for:

• How the data provided can support your argument that more date literate/probability and statistics proficient employees will make the division more profitable, and
• Is the data Deloitte collected relevant to Rešitel? Are the participants from whom Deloitte collected the data similar enough to Rešitel to suggest their findings would be applicable to Rešitel? You will include what the data indicates, the source of the data provided, the size and reliability of the study, and how that data source aligns or not with Rešitel as an organization.
After reviewing the data you will use it to make the case that your division will be more profitable if more employees are able to engage in data analytics (that is applying probability and statistics knowledge.)
Please note: Some of you will work in organizations with coworkers with diverse professional skills, all making a specific contribution to producing a product. This assignment is NOT structured for that type of organization. As an example, you will not present this as an engineer working in a manufacturing facility. You will not present this as a cybersecurity expert working within a financial institution.
Use the template provided for the memorandum. Refer to the assignment overview for the description of the assignment problem.

Compose content
No quotations and NO plagiarism – Quotations are rarely used in professional engineering and computer science writing; do not get in the habit of doing this. The words in your document must represent your own thinking based on the information you have gathered. Citing credible sources from which you got ideas gives you credibility, and it is required in this work. Review the Plagiarism page if you are unclear on what constitutes plagiarism or are from a region of the world that may think about it differently.
Document Structure
To complete this assignment, you must use this memorandum template. This memorandum reminders document provides some reminders of what you need to think about for each section; pay attention to the appearance of your final memorandum. Use all headings as shown.
Your document will have the following elements:
• List summarizing your revisions (see detail in the section below)
• Memorandum Header. Use the header and header information on the provided template until you get to the “Re” line which is what the document is about and is the same as a title. Compose this line to specifically say what your memorandum is about as succinctly as possible.
• Probability and Statistics Use in [Your Field] Division Services. Using the understanding of probability and statistics in your field you developed in assignment IDL 1, revise your communication of this material to support the arguments you are making to executives. To assist you with this, remember the roles of executives within the organization as described in your reading. Be sure you explain these in terms of their priorities. In-text citations are required in this section.
• The Importance of Probability and Statistics Literacy for Our Division’s Operational Success. In this section, you will present your argument as a cohesive well-written section. You will incorporate the data evidence. In-text citations are required in this section. At least one in-text citation is required in this section; a minimum of two in-text citations are required if you complete the extra credit.
o Extra Credit Option: If you complete the extra credit option detailed below, it will be part of this section.
• Conclusion. In this section, reverse the order of your introduction content, maintain your meaning but use different words. Be sure to end with a statement of what you accomplished (your objective for writing it) by providing this memorandum.
• Reference List. The document will end with an APA formatted reference list (Links to an external site.) with a minimum of 4 sources. Only include items on the reference list for which you have made an APA in-text citation (Links to an external site.) in your document. You are required to have an in-text citation at any place in your memorandum where you have used the ideas, data, or images of others.