Competency Determine and interpret the linear correlation coefficient, and use linear regression to find a best fit line for a scatter plot of the data and make predictions. Scenario According to the U.S. Geological Survey (USGS), the  probability of a magnitude 6.7 or greater earthquake in the Greater Bay Area is  63%, about 2 out of 3, in the next 30 years. In April 2008, scientists and  engineers released a new earthquake forecast for the State of California called  the Uniform California Earthquake Rupture Forecast (UCERF).As a junior analyst at the USGS, you are tasked to  determine whether there is sufficient evidence to support the claim of a linear  correlation between the magnitudes and depths from the earthquakes. Your  deliverables will be a PowerPoint presentation you will create summarizing your  findings and an excel document to show your work. 

Concepts Being Studied 

Correlation and regression Creating scatterplots Constructing and interpreting a Hypothesis Test for Correlation using r as the test statistic You are given a spreadsheet that contains the following information: Magnitude measured on the Richter scale Depth in km Using the spreadsheet, you will answer the problems below in a PowerPoint presentation. 

What to Submit

The PowerPoint presentation  should answer and explain the following questions based on the spreadsheet provided  above. Slide 1: Title  slide Slide 2: Introduce your scenario and data set including the variables provided. Slide 3:  Construct a scatterplot of the two variables provided in the spreadsheet. Include a description of what you see in the  scatterplot. Slide 4: Find the value of the linear correlation  coefficient r and the critical value  of r using α = 0.05. Include an explanation on how you found those values. Slide 5: Determine whether there is sufficient  evidence to support the claim of a linear correlation between the magnitudes and the depths from the earthquakes. Explain. Slide 6: Find the regression equation. Let the predictor (x) variable be the magnitude. Identify the slope and the y-intercept within your regression equation. Slide 7: Is the equation a good model? Explain. What would be the best predicted depth of an earthquake with a magnitude of 2.0? Include the correct units. Slide 8: Conclude by recapping your ideas by summarizing the information presented in context of the  scenario. Along  with your PowerPoint presentation, you should include your Excel document which  shows all calculations.

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Scenario Information 

You are assuming the role of the project manager for a company called SuperPacks to provide a new backpack product with a built-in refrigeration pouch and radio module. Your customer for this project is the U.S. Army, Ground Forces and Special Operations. As the project manager for your team, you will be submitting to your manager a project management report.

Instructions

You are now in the final phase of being a Project Manager for SuperPacks and need to create a closeout plan on how to terminate or closeout the project. Management has asked you to consider the following checklist below for your closeout plan in a presentation to your team. Your presentation can be created using PowerPoint, Prezi, or any presentation tool. You have been asked to address the following questions in your presentation as you will be giving it to the management team: 7 slides minimum apa references. Be sure to include notes this will be presented as a live presentation 

1. Create a closeout checklist for your project. What are the key components that you should include?
2. Discuss how you would successfully close out this project, such as verifying project scope, contracts, administration, etc.
3. In your closeout plan, identify the type of termination/closeout process you will use, and explain why that process is appropriate.
4. Consider the control process you plan to use for managing this project to ensure quality is met.

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Scenario Information

You have been hired as the Human Resources Director for a global organization that is headquartered in the United States. Your job is to evaluate and make recommendations in the area of diversity for your company. Each section will contain specific areas within diversity for you to focus on. You will be tasked with choosing from one of the diversity areas that are provided to you. Be sure to conduct research using the university library and other relevant sources.

Diversity Area-Race

Instructions

As the Director of Human Resources, the CEO and other executive leaders have requested you to design a training session on “Best Practices” for managers on diversity in the workplace. You will need to create a PowerPoint presentation . 8 slides minimum. make sure to include notes in the PowerPoint this will be presented to a class 

1. Introduction included overview and importance of diversity training program using 2 examples 
2. Discussed common mistakes or problems managers could face if diversity is not addressed using 3 examples.
3. Provide suggestions for best practices managers can take away from the training 3 examples 
4. Conclusion summarized the importance of diversity planning for managers 2 examples 

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Scenario Information

Your company has been nominated for a national diversity award associated with your efforts and dedication to diversity initiatives in the workplace and their impact on the organization and community. You have been asked to summarize your efforts for the year in a slide presentation for the diversity committee who selects the winner. Be sure to include details of the changes you made in your organization and the impact the changes made.

Instructions

As part of your nomination, you have been asked to create a PowerPoint slide presentation  include the following slides: 8 slides minimum 

• Title slide
• Highlighting the importance of workplace diversity -2 examples
• Discussing the points that were included in your diversity plan- 2 examples
• Describing how culture and inclusion impact your organization- 2 examples
• Providing examples of how diverse workgroups work together in the workplace- 2 examples
• Gives examples of strategies used to incorporate Hofstede’s cultural dimensions in a global workforce-3 examples
• Provides best practices for managers associated with managing a diverse, global workforce-3 examples
• Conclusion slide that includes a summary of why you should win this award & Provided an overview of best practices for managers using clear examples.
• Any additional, relevant information
• References

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Competencies

• Construct a framework for identifying, evaluating, and categorizing risk and risk management tools.
• Appraise the relationship between a heightened regulatory environment and corporate governance.
• Evaluate the components of operational risk and the application of corresponding risk management plans.
• Evaluate the principles of risk and reward in the investment sector and its applications to the broader area of risk management.

Scenario

LTD Acceptance is a private property and auto insurance carrier that specializes in sports cars and motorcycles. This organization is owned by LTD Capital, a large equity group with over 15 holdings. LTD Acceptance is the parent company’s single largest holding as it drives 70% of total revenue. Due to the inherent risk involved in that segment of the market, many of LTD Acceptance’s competitors do not offer policies for sports cars or motorcycles. This market segment is underserved which is why the organization has 20,000 active policies for a sports car or a motorcycle.

LTD is headquartered in Houston, TX. LTD does not sell insurance directly to the public. Instead, it uses third-party agents to sell its policies. LTD handles all customer service needs including claims intake, policy services, and general questions. The company operates in four states: California, Texas, Louisiana, and Florida. Currently, LTD does not have an active system in place to ensure that its agents are in fact using LTD guidelines to screen potential policyholders. However, no evidence of negligence has emerged so far as the organization has yet to have a year in which it was not profitable. LTD has also had the good fortune of not suffering losses because of natural disasters or catastrophic events.

Instructions

You have been hired for the role of Senior Risk Analyst. This means that you are responsible for overseeing and managing the organization’s all risk management activities. Before you can design a plan to manage risks, your first task is to identify the primary risk exposures the organization should acknowledge. The organization is also concerned about threats to its operational efficacy. Therefore, you need to also identify operational risk exposures and explain why operational losses must be categorized. The board is also seeking your input on the relationship between risk and reward and how it pertains to the company’s investment portfolio. Your supervisor has asked you to create a PowerPoint presentation of your report. Remember your audience when crafting your presentation, and include the following slides: 8 slides minimum 

• Title slide
• Evaluate the significance of identifying risks and address the ramifications of failing to do so.
• Identify two insurance regulations and analyze their roles in managing risks within the insurance industry.
• Identify the market, business, and compliance risks LTD encounters.
• Explain why the operational losses cannot be broadly managed. Why do they have to be categorized?
• Examine the relationship between risk and reward and how it pertains to investing.
• Explain why effective financial management correlates with risk management.
• Your conclusion slide should include at least three risk management activities relevant to insurance (and your rationale for choosing them specifically) and how they link to enhanced organizational effectiveness.

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