MA508 Business Statistics
Unit Learning Outcomes
a. Demonstrate advanced and integrated understanding of situations in which statistical analysis may be useful.
b. Critically analyse, reflect on and solve statistical problems using analytical methods.
c. Generate, interpret and transmit knowledge, skills and ideas from a range of output from statistical analysis software and interpret the results.
d. Apply knowledge and skills using a range of statistical measures and techniques to real life situations and business decisions to demonstrate autonomy, expert judgement and adaptability as a practitioner or learner.
This group assignment draws upon the individual assignment and uses the same dataset used for the individual assignment [Global Corporation –Customer attributes &Sales data] to expand the analysis. You need to use Business Statistics tools, techniques and terminology that you have learnt, to analyse the data and to write up the assignment.
Similar to individual assignment, for the analysis you do not need to involve all the variables. However, given that there are new areas of analytics in this group assignment, prior to selecting variables you need to be clear about below:
a.Considering variables available in the data, what are your assumptions about reasons that may cause satisfaction level to decrease?
b.Based on the assumption you make in part a. what variables you believe that may be contributing to this satisfaction decline?
c.Based on the choice of variables in part b., what are the analytical methods that you think you can employ to get some information from the provided dataset?
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