Course Project Part II

Create one decision tree and a fault or event tree that would support the exploration of
risk for one of the above projects. The decision tree must be created to support a major
risk-related decision likely to be faced by the project. The fault or event tree should offer
at a minimum a listing of potential risks and impacts in the event of two smaller failures.
For example, a smaller failure could be the loss of water pressure or a fire in a
construction project rather than examining what risk was involved with the collapse of
the construction project.
Write a discussion of the risks that supports the fault tree, event tree, or decision tree that
has been created. Make a separate write up for each of these smaller risks associated with
the fault tree or event tree. Your paper should have a general introduction that should
introduce the decision tree and fault or event trees that will be discussed, and then the
paper should have a discussion regarding each tree. The discussion write-up regarding the
identified risks should be from three to five pages in length. Note that this page length is
a guideline and if you find that your paper supporting the risk tree is longer, there will be
no penalty, because the final assignment will need to be from 1520 pages in length.
Sample Outline of Typical Course Project Paper Part II
1.Course Project Part I
2.Introduction
3.Decision Tree Analysis
4.Discussion of Decision Tree
5.Fault Tree
6.Discussion of Fault Tree
7.Conclusions
8.Works cited
Objective
The goal of the final project is to select a project and then to create and detail a risk
management plan that would support that project. The final deliverable will consist of a
fully formed risk management plan that would support such a project.
Guidelines
The Course Project is broken down into two parts. The first part is due by the end of
Week 4 and will be eight to 12 pages long. The final major assignment will be 1520
pages long, including the original eight to 12 pages, and is due by the end of Week 6.
Papers must be in 10-point font, double-spaced, and must include a cover page, table of
contents, introduction, body of the report, summary or conclusion, and works cited.
Even though this is not a scientific-type writing assignment, and is mostly creative in
nature, references are still very important. At least six authoritative, outside references are
required (anonymous authors or web pages are not acceptable). These should be listed on
the last page, titled Works Cited.
Appropriate citations are required.
All DeVry University policies are in effect, including the plagiarism policy.
The first part of the assignment is due during Week 4 of this course. The final completed
project is due during Week 6 of this course.

Any questions about this paper may be discussed in the weekly Q & A Discussion topic.
The first part of the project is worth 120 total points and the second part will be worth
120 points. The Course Project will be graded on quality of research topic, quality of
paper information, use of citations, grammar, and sentence structure.

MATH533

Project Part B: Hypothesis Testing and Confidence

Intervals
Your Instructor will provide you with four manager speculations, a.-d., in the Doc
Sharing file.
1.

Using the sample data, perform the hypothesis test for each of the above
situations in order to see if there is evidence to support your managers belief in
each case a.-d. In each case use the Seven Elements of a Test of Hypothesis, in
Section 6.2 of your text book, using the provided by your Instructor in the Doc
Sharing materials, and explain your conclusion in simple terms. Also be sure to
compute the p-value and interpret.

2.

Follow this up with computing confidence intervals (the required

confidence level will be provided by your Instructor) for each of the variables
described in a.-d., and again interpreting these intervals.

3.

Write a report to your manager about the results, distilling down the results
in a way that would be understandable to someone who does not know
statistics. Clear explanations and interpretations are critical.

4.

All DeVry University policies are in effect, including the plagiarism policy.

5.

Project Part B report is due by the end of Week 6.

6.

Project Part B is worth 100 total points. See grading rubric below.
Submission: The report from part 3 + all of the relevant work done in the
hypothesis testing (including Minitab) in 1., and the confidence intervals
(Minitab) in 2. as an appendix.
Format for report:

A.
B.

Summary Report (about 1 paragraph on each of the speculations a.-d.)

Appendix with all of the steps in hypothesis testing (the format of the
Seven Elements of a Test of Hypothesis, in Section 6.2 of your text book) for

each speculation a.-d. as well as the confidence intervals, the p-values, and
including all Minitab output
Project Part B: Grading Rubric
Category

Points

Description

Addressing each
speculation - 20 pts.
each

80

80

hypothesis test,
interpretation, confidence
interval and interpretation

Summary report

20

20

1 paragraph on each of the

speculations

Total

100

100

A quality paper will meet or

exceed all of the above
requirements