BUS501 : Business Analytics and Statistics Research Report - Statistics Assignment

Internal Code: MAS5008

Statistics Assignment: Research Report

Scenario: Both data sets are from a small health food shop on the Sunshine Coast. The business is divided into a number of areas including retail, wholesale a box delivery system (not included in the data), and Harvest Kitchen. The data is inclusive of a whole year of trading. This is the second year of business and the business is still in a start-up phase. The reported high Cost of Goods (COGS) is reportedly consistent with the Organic industry. Question: 1. What are the top/worst selling products in terms of sales? a. Is there a difference in payments methods? 2. Are the differences in sales performance based on where the product is located in the shop? How does this effect both profits and revenue? 3. Is there a difference in sales and gross profits between different months of the year? 4. Are their differences in sales performance between different seasons? a. How does this relate to rainfall and profits?