BEA603 - Economics and Statistical Analysis - Business - Report Writing Assessment Answer

BEA603 - Economics and Statistical Analysis - Business - Report Writing Assessment Answer 

Task:

The main objective of this assignment is to evaluate your knowledge and ability in:
1. Recognizing and articulating appropriate business/economic questions using real-world examples.
2. Selecting appropriate variables, applying relevant descriptive and inferential statistical techniques, to explore evidence related to the business/economic questions.
3. Communicating clearly in a written report, the business/economic questions, statistical results/Excel outputs, and business or policy advice.

1. Indicate which is your choice of data set.
2. Analyze the data in a meaningful way using:

(a) Two appropriate numerical descriptive measures. Show your step-by-step calculations in this section.

(b) Two appropriate types of charts and/or tables. Present your final outputs in this section.

3. Comment on the implications of your findings for business or policy decision making. Support your arguments with two academic references.Present your survey questionnaire in this section. 
4. Enter the data you collected onto an Excel spreadsheet, and then present the completed spreadsheet in this section.
5. Analyze your data in a meaningful way using:
(a) A pie chart. 
(b) A side-by-side bar chart.
(c) A coefficient of correlation (Note: Manually calculate the coefficient. Show your step-by-step calculations in this section).

(d) A scatter plot to display the variables in (c).

(e) A conditional probability for relevant variables. (Note: Manually calculate the coefficient. Show your step-by-step calculations in this section).

(f) Conduct a test of hypothesis for the key variable at the 0.05 level of significance. Show your step-by-step calculations in this section. Fully explain what the results
mean.

6. Comment on the implications of your findings for business or policy decision making.

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