MANU2469 : Performance Management Foundations Assessment Data Collection, Analysis and Modelling - Statistics Assignment Help

Assignment Task:

Task:

Overview

For Assignment One, you will analyse a data set which relates to the performance of an engineering enterprise. Using the data you collect, you will use a statistical model of your choice to find the predicted value of your depenedent variable yi. You will need to use the tools available in Microsoft Excel to analyse the data, and present it in the form of a report. Your report will include four parts: In Part 1, you will collect data from a company of your choice, then briefly summarise the types of real data collected and analyse its comprehensiveness. In Part 2, you need to further analyse the data by constructing a stem and leaf plot and a box plot. In Part 3, you need to use the appropriate statistical modelling techniques to find the relationship between the data (variables). In Part 4, Use the data you collected to build a forecasting model using Microsoft Excel, and apply a suitable forecasting technique to make a set of predictions for the next 10 years. This assignment will include two components – a word file for the report, and an excel file.

Learning Outcomes

This assessment is relevant to the following course learning outcomes:

CLO1 Perform a thorough data analysis of the performance data set and summarise the findings using Microsoft Excel.

CLO2 Recognise situations and apply the appropriate forecasting models to represent the trend of the business.

CLO3 Fit some parts of the data set to a regression or discriminant analysis model and interpret the implication of the model in terms of the enterprise’s past and future performance.

CLO4 Define and apply the Monte Carlo technique to a number of different business modelling situations. After completion of this assessment you should be able to: − Describe

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