ECON1030 - Statistical Analysis - Micro Credential - Electronic - Business - Report Writing - Assessment Answer

ECON1030 - Statistical Analysis - Micro-Credential - Electronic - Business - Project Writing - Assessment Answer

Write a ministerial brief of no more than 200 words containing no more than three graphs on whether you can confidently recommend investing in the Bitcoin, as compared with MAC. Hint: draw on the relevant evidence you have gathered from Part A, as well as other information/evidence not covered here but you believe is useful.

Problem Description:

The blockchain is a decentralized ledger of all transactions across a peer-to-peer network. Using this technology, participants can confirm transactions without a need for a central clearing authority (or a middle man). According to some, replacing the middle man with a revolutionary technology that is faster, cheaper and as secure will greatly improve market efficiency. One application of blockchain technology in finance is the “cryptocurrencies”, with the best-known example being “Bitcoin”. Some believe that such a secure, global, and digital currency represents the future of finance, while some are not optimistic about the future of Bitcoin and cryptocurrencies in general.

In addition, you need to complete a Micro-credential on cross-cultural communication. To show evidence of successful completion you need to provide a copy of the badge. You have the option of completing the Micro- credential earlier in the semester and making a separate submission on Canvas. Alternatively, you can provide the badge along with your assignment submission. You have 2 attempts and you need a score of 80% to receive a badge. You must submit an electronic copy of your assignment in Canvas. SHOW YOUR WORK for calculation based questions. See an attached Template of your submission for more details. Only one submission is required per group. Hard copies will not be accepted. It is very important that you submit an assignment cover sheet with all the group members’ signatures at the time of submission. If any dispute arises on your contribution to the group work, the cover sheet will be used as evidence of contribution.

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