Alpha Product Services (APS) - Report Analysis - Statistics Assignment Help

Assignment Task

Alpha Product Services (APS) is an electronic device developer. The management wants to develop a new smartphone. It needs to decide on the warranty period that will correspond to the phone's lifespan. It has contracted you to perform a Statistical analysis on this issue.

You decide to implement a multiple regression analysis by collecting data from a sample of people on the lifespans of their previous smartphones and the possible factors.

1. Explain individually your choice of three independent quantitative variables and one qualitative dummy variable in the data collection. The variables shall be a mix of user and product attributes.
2. State one statistical issue which may arise from the data collection and explain how you would prevent or minimize the occurrence of this issue.

Note:

1. You are not required to collect the actual data and carry out the analysis.
2. You shall focus your original and reply posts on applying Statistics theories, practices and concerns to address the issues, rather on discussing solely on the products.

Instructions

• This discussion is graded. · Please refer to the Discussion Scoring Guide to ensure that your posts do meet the expectations. In this discussion, you are required to complete the following two activities:

Discussion Grade

Point of view

1. Explain your personal perspective, which is influenced by your experiences, culture and interests.
2. Apply and analyse relevant concepts, theories, logic or materials to argue/support your point of view by midweek to extend the dialogue. 

Questions to consider:

What experiences, concepts, theories, logic or materials convinced you of your point of view? How are you looking at this situation? Is there another way to look at it that you should consider? Is your view the only reasonable view? What does your point of view ignore?

Evidence

1. Apply relevant information facts, data, evidence, or real world examples to support your point of view. Cite relevant information and references in APA format.

Questions to consider:

What information do you need to support your point of view? Does the information support/oppose your point of view? How credible is the information? Implications and consequences

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