Statistics
REPORT
This the assignment is worth 40% of the overall assessment
This is a group assignment (of 2 students per group). The written report must be a written, self-contained report and professionally presented. The written component of this assessment must be a maximum of 1800 words.
It's due on 16/10/2019
I am a first-year statistics student, and I have no proper knowledge of this subject (so please don't put any the information which is first statistics students are not familiar with (abbreviation, etc.)
In my business report, you have to compare two samples. Which is provided in excel in (sheet 1 & 2) and needs to answer the question based on the item I have provided below. Please show us the method of the solution if you do any mathematical problems like equation or formula.
This report must be professionally presented.
Don't plagiarize from the internet, books or social media and All the answer needed to be answered by yourself moreover all other works should write in simple English with proper grammar and Academic Reference is Expected if any information taken from outside.
All the answers needed to be Explain, example, and link back to the question. All question answer needed to complete, with efficiently and abbreviations are not acceptable like (N/A), org ), . should have to give reasons (, why, when, where, how, what, cause) if it's necessary
If the report is asking to do draw graphs, you have to draw it.
Needed to know how to use EXECL
BUSINESS REPORT This assignment is worth 40% of the overall assessment This is a group assignment (of 2 students per group). The written report must be a typed self contained report and professionally presented. The written component of this assessment must be a maximum of 1800 words. Its due on 16/10/2019 I am a first-year statistics student, and I have no good knowledge of this subject (so please don't put any kind of the information which is first statistics students are not familiar with (abbreviation, etc.) In my business report, you have to compare two samples. Which is provided in excel in (sheet 1 & 2) and needs to answer the question based on the question I have provided below. Please show us the method of the solution if you do any mathematical problems like equation or formula. This report that must be professionally presented. Don't plagiarize from the internet, books or social media and All the answer needed to be answered by yourself moreover all other works should write in simple English with good grammar and Academic Reference is Expected if any information taken from outside. All the answers needed to be explain, example and link back to the question. All question answer needed to complete, with efficiently and abbreviations are not acceptable like (N/A), org ), . should have to give reasons (, why, when, where, how, what, cause) if it's necessary If the report asking to do draw graphs, you have to draw it. BUSINESS REPORT You are required to obtain 1 random sample containing 25 householders from this population – using an appropriate random sampling technique. Analyse the sampled data and write a report to provide useful information that a Supermarket management team can use to make decisions regarding improved services to their clients. Your analysis and report must demonstrate the application of the various techniques you have learned in this course. Introduction (20 marks) Your introduction should state the aim of your project (you need to explain how you will use the information obtained and the types of analytical tools you will utilise to write a comprehensive report A brief description of the overall population data should be given (this will give you a hint as to how you will need to sample). An explanation of how your random sample was obtained. ( a copy of the sample data needs to be submitted as part of the Appendix) Data Analysis (60 marks). Descriptive Statistics (20 marks). Give a detailed description of the demographic profile of your sample. The data provided in the various columns will give you ample Information. You need to be organised and determine systematically the types of information that you think would be useful to assist the supermarket chain to make accurate business decisions. Demographic Information such as: average age of your sample; average household income; size of households; marital status, do they live in close proximity to the supermarket; in which zone do the majority of your households live in and what information can you derive about the zones; average yearly purchases; debt levels; proportion of debt to income level, etc., will provide an insight for the business decision makers. Information such as differences in spending habits according to gender; do males generally earn more than females? Do the zone area they live in influence spending habits? (I am sure you can derive more interesting findings!) Explain how the information that you have collected will assist. Provide both numerical and graphic summaries to support your report. Inferential Statistics (10 marks) Management of the supermarket chain claims that for a significant increase in spending to improve services, the average yearly spending on supermarket purchases needs to be at least $2387. From the samples you have collected, is there sufficient evidence to support the claim? Analysis of relationships (30 marks) In the analyses of relationships, you can use regression and correlation analyses or simple crossed tabulations to provide insights. There are a number of relationships that can be analysed and provide additional information for the decision makers. For example, you may want to determine if there is a relationship between the household income levels and the amount spent on supermarket purchase; or does the size of the household influence the amount spent on supermarket purchase; what about the ratio of debt (mortgage and other) to income level –does this influence purchases? (Note: It is necessary to demonstrate the use of regression analysis in at least one bivariate relationship). Summary/Discussion and Conclusion (20 marks) Provide a short summary of the MAIN results from your overall analysis. Do you think the data provided here are sensible and reliable? Do they provide sufficient information for the Supermarket chain to make decisions about potential supermarket locations? If not, what suggestions would you recommend? You were asked to obtain two samples using two different sampling techniques. From the results you obtained, were there any significant differences? (100 marks) A marking rubric is available on your Moodle site and is also made available on the following page.