Assignment ContentPurpose of AssignmentThis signature assignment will help students experience the essential elements of a basic statistical study used in business organizations.The PowerPoint uses summarizes the Week 4 Business paper’s content and adds three new topics (a., b., c. ) described below.Assignment Steps:a. Data Analysis TechniquesWhich technique(s) could be used to analyze your data and explain why? Combinations include Descriptive stats with Inferential stats (when the null hypothesis (Ho) is rejected).Descriptive stats, Lind LO1-3.If the entire population data was collectedInferential stats, Lind L10-1, -2, -3If the population data was sampledProbability, Lind LO6-3, LO7-3If a Frequency or Contingency Tables were usedb. Possible Solution (to the Opportunity)Provide the possible solutions and the one you recommend trying. Provide your rationale.c. Evaluate Implementation SuccessWhat are your plans to check if your solution has worked? Review the Check and Act steps of the PDCA Cycle (ASQ, 2020).d. Prepare about 12-slides using the PowerPointpresentation for the senior management team based on the business opportunity you described in Business Decision-Making paper.Presentation SlidesTitleAgendaName and Description of the CompanyOpportunity at that Company & Why the Business Opportunity is EssentialResearch variable(s)Collecting a Suitable Sample & Valid and Reliable DataDescriptive Statistics: Numerical Measures and Graphical MeasuresData Analysis TechniquesPossible Solution (to the Opportunity)Evaluate Implementation SuccessConclusionReferences(this is usually necessary).Includeon the slidesWhat you would want the audience to see with appropriate visual aids and layout.Speaker notes section to include what you would say as you present on Slides.If any source material is quoted or paraphrased in the presentation, use APA citations and a reference slide.Submit your presentation.