BUAD801 - Decision Support Tools and Techniques Assignment

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Assignment Task

1. Create appropriate graphs to correlate the five variables above for the selected country and interpret the graphs you create. Select appropriate quantitative tools and apply them to examine the trend, distribution, and stability for each of the five (variables. Provide an interpretation of the results and justify these results in terms of helping decision-making. 

2. Conduct an analysis to look at the relationship between the five above variables for the selected country, interpret the measures that indicate the significance of the analysis, and evaluate the importance of the analysis for the decision-maker. 

3. Forecast quarterly for three years for each of the five variables and provide an interpretation of the outcomes to support managerial decisions. 

4. Distinguish between the forecasting method you applied, and the analysis used in requirement two using the calculation you performed in the two analyses.

5. Compare the New Zealand statistical analysis supplied to you (on Moodle as an Excel worksheet in the assessment section) with the statistical analysis for your selected country in terms of the significance of the analysis used in both countries and evaluate the two alternatives’ scenarios with justification using the quantitative analysis. Provide management with your outlined recommendation using appropriate statistical language.

 

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