BEA603 - Economics and Statistical Analysis - Inferential Statistical Techniques - Business Assignment Help

Assignment Task :

The objectives of this assignment are to evaluate your knowledge and ability in:
1. Recognising and articulating appropriate business/economic questions using a real world example.
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.

The Survey and its Questionnaire: Information/Instructions
1. You are required to conduct a simple survey to collect your own data. It is important that you design a survey questionnaire that meets the requirement of your study objective.
2. For your reference, a sample of survey questionnaire is included in this document (see pages 6 and 7). Note that you are not allowed to duplicate or modify this survey in any manner. Your assignment will not be assessed should you fail to follow this instruction.
3. A clear understanding of your study objective will enable you to identify the most important/relevant variables with ease. This implies that inclusion of irrelevant or unnecessary variables may adversely affect your score.
4. Although probability sampling is preferable compared to non-probability sampling, due to time constraints, you are allowed to collect your data using convenience sampling.
5. In terms of sample size, it is strongly recommended that you survey 80-100 individuals. You may choose any method to administer your survey (face to face, telephone, mail out, online - including social media and dedicated online survey tools such as Survey Monkey.)
6. Ensure that you include a sufficient number of categorical and numerical variables in your survey for meaningful analysis. It is expected that most surveys would have at least 10 variables, but no more than 15.
7. Your survey questionnaire must be presented at the ‘Appendix’ section of your report.

Section 1: Introduction

Explain:
• Your (assumed) role in a private or public organisation (e.g. product development manager in a household appliances company or a policy officer
in a government agency.) 
• The objective of your study.
• Why this study is important. How the findings from this study could help inform business decisions and/or policy. Ideally you will support your reasoning using at least one reference (for example: news, magazine or newspaper item, or academic journals, or text, etc..).
 

Section 2: Survey Questionnaire and Procedure
• Present your survey questionnaire in the ‘Appendix’ section of your report. The number of questions in your questionnaire should be between 10 and 15. This implies that you must consider only the most important questions that meet your study objective. It is difficult to put a word limit for a questionnaire and hence your questions and answers should be clear and concise.
• Describe how you tested your survey questions before you ran your survey and any key learnings you gained from this. 
• Describe how you collected your data, and why you collected it in this way.

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