Create an economic vitality index using at least five parameters available in data sources associated with Kelsey
Your team has been asked by the Economic Development Department of Kelsey to compare Kelsey against another U.S. 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.
Note: Economic vitality is not a standard measure; in this activity, so you must decide what data shows economic vitality.
Access the City of Kelsey Virtual Organization.
Select Government.
Choose City of Kelsey at the top of the page.
Select City Government.
Review the Kelsey Profile and the Kelsey Comprehensive Annual Financial Report June 2005 (PDF) file.
Create an economic vitality index using at least five parameters available in data sources associated with Kelsey and those that are accessible on the internet for U.S. cities. See the websites listed below for some examples.
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
Applied meta-regression analysis to forecast future values of these demographic statistics
Pie graphs displaying the racial makeup of the population for each city
Bar graphs comparing the proportion of men and women in each city
Identification of the two largest differences you see between the cities\\\’ demographics
A null and alternative hypothesis for each of the differences between the cities\\\’ demographics to determine if these differences are significant at the 0.05 level
Description of the statistical test(s) that should be used to test each hypothesis
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:
U.S. Bureau of Economic Analysis
U.S. Bureau of Labor Statistics
Requirements: 3 slides one having an intro and a slide per each bullet point that is in bold
Answer preview to create an economic vitality index using at least five parameters available in data sources associated with Kelsey
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