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You are looking for a new apartment

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You are looking for a new apartment and decided to go through a realtor instead of shopping for the;apartment through advertisements. Cain Realty provided you with the following list of 7 available;apartments in the area you specified. The apartments have been evaluated by Cain Realty using 12;different criteria.;Assignment #2 ? Data Analysis;Problem 5-14 Modified;You are looking for a new apartment and decided to go through a realtor instead of shopping for the;apartment through advertisements. Cain Realty provided you with the following list of 7 available;apartments in the area you specified. The apartments have been evaluated by Cain Realty using 12;different criteria (listed as 2?13 on the spreadsheet in Figure 5.16).;Complete the following steps for Part 1 and Part 2;1. Use an Excel workbook to design a decision aid to choose an apartment.;2. Use the appropriate factors in Part 1 and Part 2.;3. Decide how much decision weight you want to assign to each factor relative to the other factors.;4. Distribute the decision weights so that they add up to 100 (i.e., 100%).;5. Justify your decisions about factors and weights.;6. Select an apartment and provide the reason for your decision.;Part 1;a. Use the 12 factors shown in Figure 5.16 for your decision model.;b. Complete the steps listed above.;Part 2;a. Choose a situation that would require a decision. [Example: selecting a new car];b. Select 10 factors for your decision model. [Example: price, mpg, and safety];c. Indicate potential sources from the internet for your decision factors. [Example: Kelly Blue;Book(prices) and Edmund (car reviews)];d. Set up a Table of Data in the same format as Figure 5.16;e. Populate the table with response to the factors. (This data can be fictitious. You do not have to;research the criteria.);f. Complete the steps listed above.

 

Paper#79647 | Written in 18-Jul-2015

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