Assignment: Create an economic vitality index

Assignment: Create an economic vitality index

Assignment: Create an economic vitality index

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. Census Bureau

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

You must proofread your paper. But do not strictly rely on your computer’s spell-checker and grammar-checker; failure to do so indicates a lack of effort on your part and you can expect your grade to suffer accordingly. Papers with numerous misspelled words and grammatical mistakes will be penalized. Read over your paper – in silence and then aloud – before handing it in and make corrections as necessary. Often it is advantageous to have a friend proofread your paper for obvious errors. Handwritten corrections are preferable to uncorrected mistakes.

Use a standard 10 to 12 point (10 to 12 characters per inch) typeface. Smaller or compressed type and papers with small margins or single-spacing are hard to read. It is better to let your essay run over the recommended number of pages than to try to compress it into fewer pages.

Likewise, large type, large margins, large indentations, triple-spacing, increased leading (space between lines), increased kerning (space between letters), and any other such attempts at “padding” to increase the length of a paper are unacceptable, wasteful of trees, and will not fool your professor.

The paper must be neatly formatted, double-spaced with a one-inch margin on the top, bottom, and sides of each page. When submitting hard copy, be sure to use white paper and print out using dark ink. If it is hard to read your essay, it will also be hard to follow your argument.