Project and term paper:
Based on methods and tools you learned in this course, conduct a project for a realistic application of quantitative analysis to your business or personal decisions. The term paper for this project should include:
(1) A one-page description of your problem and its importance (10%).
(2) A one-page discussion of the solution procedure and the rationale (10%)
(3) One or more pages of presentation of your results (40%)
(4) One or more pages of discussion of your insights, critique, and possible expansion for the application (40%).
The term paper will be subjectively evaluated by the instructor on the basis of
– Originality and relevance of the problem
– Clarity and accuracy of the problem formulation
– Correctness of the results
– Depth of insights from the experience and creativity in the expansion of the application.

Solution

PROJECT AND TERM PAPER

Problem description

In this paper, I use the decision tree method to help me to choose whether to go for an Enrolled Agent or take a full-time entry position after graduation. I will probably discover the vocation that will amplify my pay and improve my insight just as my encounters. I imagine that I have a 0.75 likelihood of finishing the EA. If I complete the EA, I trust that I have a 0.6 possibility of getting an administrator position and making 100,000 dollars every year. On the other hand, I will get a senior staff position with a pay of around 70,000 dollars each year. If I fail to get my EA certificate, I should take the entry position and win $45,000/year, however, with less seniority than what I would have on the off chance that I had gotten down to business directly after graduation……………………………….To access the rest of the solution for $10, please click on the purchase button.