BUSS101 - The Datasets Report - Business Statistics Assignment Help

Assignment Task

Many companies have been developing new tests to rapidly detect the COVID-19 infections in people. One such company is ABC Ltd. ABC Ltd has developed two different rapid COVID-19 detection tests. Version 1 of the test works by getting patients to blow into a bag. Version 2 of the test requires a nasal swab of the patient. ABC Ltd is now trying to find out which version of the rapid COVID-19 detection test would be most popular with people. Furthermore, the company has been conducting trials of the rapid COVID-19 detection tests to determine which one of the two versions is most accurate in detecting COVID-19 infections. All these issues are critical to the success of the new tests that they have developed and will determine the profitability of the company for the next 5 years. 

To assist ABC Ltd in determining which of the two tests are most popular with people and which of the two tests is most effective in detecting COVID-19 infections, researchers have collected data and have provided you with these datasets. 

Your tasks

You need to process and analyse the sample datasets 1 to 3, provided to you in MS Excel. For each dataset, generate and analyse descriptive statistics to describe sample characteristics. This will involve, at least, the following analysis: Frequency (counts), proportions, means, standard deviations and correlation analysis. Then use inferential statistics to measure the accuracy of the descriptive statistics for the sample datasets. Based on your analysis of the datasets, answer questions such as:

Which COVID-19 detection test do people prefer to purchase?

Which COVID-19 detection test is more accurate?

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