Analyze the Concepts of Information Management and Quantitative Analysis

Instructions

XYZ Company has decided to upgrade its information management systems with the hope of increased security and improved decision-making capabilities based on quantitative data gathered within these systems.

As one of the information technology managers, you have been asked to conduct research on the following in terms of this upgrade for the organization:

Describe hardware and software, networks and telecommunications, and decision support systems.
Then, examine how data produced by the system can be used more effectively to analyze key performance indicators and overall performance, including:

Data collection, sampling distributions, hypothesis testing, inference, and analysis of variance as they pertain to assessing the strengths and weaknesses of the organization.
Be sure to create a formal report and present it to the Chief Information Officer.

Length: 3 pages, not including title page and references.

References: Should be within the last 5 years