Project #69691 - Quantitative Business Analysis

Revision notes to be completed:

 

Evaluation Summary for Quantitative Analysis: Task 5 Improving Profits
Final Score: Does not Meet
Overall comments: 4/16/15- Three of the expected values, and the best decision option, are correctly determined. The "develop rapidly" value is inaccurate. Please update the probability in the calculation.
Detailed Results (Rubric used: QAT Task 5 (1014))
Articulation of Response (clarity, organization, mechanics)  
(0) 0=Unsatisfactory/Not Present
(1) 1=Needs Improvement
(2) 2=Competent
The candidate provides unsatisfactory articulation of response.  
The candidate provides weak articulation of response.  
The candidate provides adequate articulation of response.  
Criterion Score: 2.00 
 
A1. Expected Value  
(0) 0=Unsatisfactory/Not Present
(1) 1=Needs Improvement
(2) 2=Competent
The candidate does not accurately determine the expected value for any of the decision branches.  
The candidate accurately determines the expected value for 1–3 of the decision branches.  
The candidate accurately determines the expected value for each of the 4 decision branches.  
Criterion Score: 1.00 
Comments on this criterion: 4/16/15- Three of the expected values are correctly determined. The "develop rapidly" branch is incorrect. A review of the probability entered for the moderate state of nature may improve the response.
A1a. Process Description  
(0) 0=Unsatisfactory/Not Present
(1) 1=Needs Improvement
(2) 2=Competent
The candidate does not provide an appropriate description of the process used to reach the solutions determined in part A1.  
The candidate provides an appropriate description, with insufficient support, of the process used to reach the solutions determined in part A1.  
The candidate provides an appropriate description, with sufficient support, of the process used to reach the solutions determined in part A1.  
Criterion Score: 1.00 
Comments on this criterion: 4/16/15- Calculations are provided. Please update with the corrected calculations.
A2. Decision Alternatives  
(0) 0=Unsatisfactory/Not Present
(1) 1=Needs Improvement
(2) 2=Competent
The candidate does not accurately determine the decision alternative that has the most favorable expected value.  
Not applicable.  
The candidate accurately determines the decision alternative that has the most favorable expected value.  
Criterion Score: 2.00 
Comments on this criterion: 4/16/15- Developing thoroughly is the best decision alternative.
A2a. Expected Value Comparison  
(0) 0=Unsatisfactory/Not Present
(1) 1=Needs Improvement
(2) 2=Competent
The candidate does not provide an appropriate comparison of the expected values of the decision alternatives.  
The candidate provides an appropriate comparison, with insufficient support, of the expected values of the decision alternatives.  
The candidate provides an appropriate comparison, with sufficient support, of the expected values of the decision alternatives.  
Criterion Score: 2.00 
 
B. Sources  
(0) 0=Unsatisfactory/Not Present
(1) 1=Needs Improvement
(2) 2=Competent
When the candidate uses sources, the candidate does not provide in-text citations and references.  
When the candidate uses sources, the candidate provides appropriate in-text citations and references with major deviations from APA style.  
When the candidate uses sources, the candidate provides appropriate in-text citations and references accurately or with only minor deviations from APA style.  
Criterion Score: 2.00 
Comments on this criterion: 4/16/15- No sources appear to have been used.

Subject Business
Due By (Pacific Time) 05/06/2015 12:00 am
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