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Methods of Analysis for Business Operations The mayor and city council members of Seatville have hired you as a consultant to determine the transportation modes within their city. The mayor wants to know where to spend budget dollars to improve infrastructure and transportation modes. Being a diligent consultant, you interviewed 1,255 people during a 16-week period. You determined the following methods of transportation were used: 850 residents drove a personal car, 200 used public transportation (bus), 5 rode a bicycle, 50 walked, and 150 rode a motorcycle. Prepare a report that outlines the requirements of your consulting task. In your report, you should include the following: Provide an introduction that outlines the problem and gives on overview of the situation as well as a conclusion that sums up your report. Develop and explain the probability and relative frequency of the data you found for each mode of transportation. Compute the relative frequencies to two decimal places. If you need practice computing relative frequency, watch the video here on youtube ( https://youtu.be/KoXi8WynJpc ) Use this data to make a final recommendation of where the mayor and city council should spend their infrastructure/transportation. Your completed report must be at least three pages in length, and you must use your textbook and at least two academic sources. Adhere to APA Style when constructing this assignment, including in-text citations and references for all sources that are used. Please note that no abstract is needed. This is the video the youtube video broken down in text format for reading. ( https://youtu.be/KoXi8WynJpc ) Your boss has asked you to complete a company-wide survey to determine employee’s food preferences for the upcoming company outing. 00:00:09A total of 948 employees completed the survey, and the results are as follows. 00:00:14475 employees prefer hamburgers and hot dogs, 216 prefer chicken, 32 prefer fish, 81 prefer steak, and 144 prefer pizza. 00:00:26Compute the relative frequencies, rounding to two decimal places. 00:00:32The relative frequency for each of these can be found by taking the number of employees who prefer each type of food, and dividing by the total number of employees. 00:00:41The first piece of information given is that 475 employees prefer hamburgers and hot dogs. 00:00:48Based on the formula, this can be written as 475, the number of employees who prefer hamburgers and hot dogs, over 948, the total number of employees. 00:00:59It’s important to note that the denominator of 948 will stay the same throughout this entire problem, as the total number of employees in the company does not change. 00:01:10Performing division, 475 by 948, gives a decimal of approximately 0.5011. 00:01:18Then by moving the decimal two places to the right, this can be changed to a percent of 50.11%. 00:01:26Therefore, the relative frequency is 50.11%. 00:01:31Note that the decimal form must be rounded to four decimal places in order to have a percent that is rounded to two decimal places, as the problem requires. 00:01:43Next, 216 employees prefer chicken. 00:01:48This will be calculated the same way as hamburgers and hot dogs. 00:01:51First, create a fraction. 00:01:53Since it’s now looking at chicken, instead of hamburger and hot dogs, the numerator is now 216, but the denominator remains 948. 00:02:02216 divided by 948 is a decimal form approximately 0.2278. 00:02:10Moving the decimal two places to the right gives us a relative frequency of 22.78%. 00:02:17Next, 32 prefer fish. 00:02:22The fraction is written as 32 over 948. 00:02:26Performing division gives a decimal of approximately 0.0338, which then becomes a percent of 3.38%. 00:02:36Therefore, the relative frequency is 3.38%. 00:02:42The fourth option, 81 employees prefer steak. 00:02:45This is written in fraction form is 81 over 948. 00:02:5081 divided by 948 gives a decimal form of 0.0854, and 0.0854 in percent form becomes 8.54%. 00:03:03Finally, 144 employees prefer pizza. 00:03:07The fraction is written as 144 over 948. 00:03:11Divide to get a decimal form of approximately 0.1519. 00:03:16Move the decimal two places to the right to come up with a relative frequency of 15.19%. 00:03:25Once all relative frequencies have been calculated, they can be checked correctness through addition. 00:03:31If calculated correctly, all answers should add up to 100%. 00:03:36It’s important to note that due to the relative frequencies being rounded, and not exact answers, there’s a possibility that the sum could be slightly more, or slightly less than 100%, such as 99.98%, or 100.02%. 00:03:54Since all the relative frequencies in this problem add up to 100%, we know that the calculations were performed correctly Therefore, the relative frequencies are as follows, hamburgers and hot dogs, 50.11%, chicken, 22.78%, fish, 3.38%, steak, 8.54%, and pizza, 15.19% RESUME AUTOSCROLL