Country : Saudi Arabia
Assignment Task :

Task:

Objective
The process of decision-making is complex, and managers cannot entirely rely on observations and experiences to make a decision. A manager needs to know how to summarize, analyze and interpret data to facilitate his or her decision-making. Statistical analysis is fundamental to quantitative reasoning that is extensively used for decision-making. This module is aimed at providing participants with the most often used methods of statistical analysis applied in a busienss context. The module is oriented towards application rather than theoretical aspects.

STAGE 1:
Select a data-set of your choice and interest, containing at least hundred data points (ideally more) --- for this stage single variable is necessary and sufficient to consider. However you may look out for multiple variables keeping the stage 3 in mind. [The selection of the data/problem context is left entirely to you. DO NOT TRY TO SEEK CONFIRMATION IF YOUR SELECTED DATASET IS ‘GOOD’ OR OTHERWISE, IF THE APPROACH IS CORRECT ETC. No help would be provided on any part of the project]
While making your selection, keep in mind some interesting inferential problems that could be answered using the data. You may opt to use the company databases subscribed by the institute library /data from the internet for this purpose. Do not use data from any textbook. Once you select the data, you should
a) compute 4 to 5 summary statistics;
b) make 2 to 3 pictorial representation that best summarizes and communicates the characteristics of the chosen data set;
c) write a small but focused report (within a page) communicating the significance of your reported summary statistics and graphical representations, with specific reference to your data;
d) identify some of the parameters /queries of possible interest in this context, that in your judgment can be inferred from the data or require some additional data that is possible to collect.
e) Using part d), formulate some interesting inference problems.

This Statistics Assignment has been solved by our Statistics Experts at UniLearnO. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+Students in Australia, UK & US by helping them to score HD in their academics. Our Experts are well trained to follow all marking rubrics & referencing style.

Be it a used or new solution, the quality of the work submitted by our assignment Experts remains unhampered. You may continue to expect the same or even better quality with the used and new assignment solution files respectively. There’s one thing to be noticed that you could choose one between the two and acquire an HD either way. You could choose a new assignment solution file to get yourself an exclusive, plagiarism (with free Turnitin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinction.

  • Uploaded By : Pearl
  • Posted on : May 26th, 2019
  • Downloads : 308

Whatsapp Tap to ChatGet instant assistance