Determine current average pricing of accommodation by brands

Assignment Help Other Subject
Reference no: EM133662140

Instructions

You are the new business analyst of Hilton Limited. The CEO of Hilton Group, Lloyd Hilton has assigned you the task to conduct a statistical analysis of the current cinema ticket price and audience demand for Hilton Cinemas (see HILTON CINEMAS DATA FILE.xlsx) and prepare 800 word report summarising your findings addressing the three (3) issues below:

Issue A: use Cinema Tickets Data

1. Determine the current average pricing of the accommodation by brands, states, and locations using Pivot Table and Pivot Charts.

Issue B: use Case Study Part 1 Data
1. Determine the variables that seem to be more promising predictors of cinema admissions each year using multiple regression model, and determine the implications for film distributor executives evident from the analysis.
2. Determine other variables,not included above, that may also be important predictors in determining the annual numbers of movie-goers.

Issue C: use Case Study Part 2 Data
1. Develop a multiple regression model to predict the number of times an individual goes to the movies per year from their age, income and number of discount cinema tickets received.
2. Determine the particular independent variables that seem to have more promise in predicting the number of times a person goes to the movies, and determine the marketing implications evident from the analysis.

Part 1: Action Plan
o Create an action plan for how you will conduct the analysis to address the three (3) issues above. Your action plan should describe the following for EACH issue:
- How the data will be prepared and organised for analysis
- What analytic tool will be used to perform the analysis
- The multiple linear regression model written in mathematical equation
- How regression analysis will be performed (tests for multicollinearity, normal distribution of residuals, coefficients, autocorrelation, and
prediction with confidence interval)

Part 2: Spreadsheet Analysis
o Implement and perform the analysis using pivot table, Excel Analysis Tool and PHStat. Create one excel file for each issue. Part 3: Report and Communication
o Write an 800 word report summarising the findings of your analysis for each issue.

CASE STUDY ANALYSIS - STATISTICAL ANALYTICS

LO 1: explain the Importance at Information as an organisational resource and to develop an appreciation for issues In managing data/information/knowtedge
LO 2: apply graphical and numerical tools for organising analysing, interpreting and presenting data
LO 3: Integrate the knowledge of Microsoft Excel and other application software; with the knowledge of accounting and finance

ASSESSMENT ITEM 2: DESCRIPTION

The aim of this assessment is to apply business analytics and statistical theory to analyse a business scenario with a particular focus on the application of Excel Analysis Tools and PHStat.

Instructions
You are the new business analyst for Cunningham Holdings. The CEO of the Cunningham Holdings subsidiary, Oscar Cunningham has assigned you the task to conduct a statistical analysis of the current accommodation business data (see CHL Accommodation DATA.xlsx) and prepare 800 word report summarising your findings addressing the five issues below.

• Issue 1: Determine current average pricing of accommodation by brands, states, and locations
• Issue 2: Determine whether price differentiation exist among the accommodation brands.
• Issue 3: Determine whether price differentiation exist between state among accommodation brands.
• Issue 4: Determine whether price differentiation exist between location among accommodation brands.
• Issue 5: Determine if the introduction of the Comfort brand has increased internal competition among the other accommodation brands

Your submission consists of 3 parts:

• Pan 1: Action Plan
o Create an action plan for how you will conduct the analysis to address the five issues above. You action plan should describe the followings for EACH issue:
o How the data will be prepared and organised for analysis
o What analytic tool will be used to perform the analysis
o How hypothesis testing will be performed for issues 2 to 5 (see more details in the case study description)
• Part 2: Spreadsheet Analysis
o Implement and perform the analysis using pivot table, Excel Analysis Tool and PHStat. Create one worksheet for each issue.
• Part 3: Report and Communication
• Write an 800 word report summarising the findings of your analysis for all the five issues.

Attachment:- Hilton Cinemas Data File.rar

Reference no: EM133662140

Questions Cloud

Capital-intensive expenditures such as new equipment : To respond to change today, many organizations have invested heavily in capital-intensive expenditures such as new equipment and technology
Identify at least five marketing communication channels : Select and identify at least 5 marketing communication channels that could be used to reach selected audiences that are fit for your selected business.
How to assess the extend that the ihrm practices : HRM709-How to assess the extend that the IHRM practices and policies have enhanced the overall performance of MNE.
What inspired starbucks to venture into india : What inspired Starbucks to venture into India? What were some of the company's early concerns and other obstacles?
Determine current average pricing of accommodation by brands : Determine current average pricing of accommodation by brands, states, and locations and Determine whether price differentiation exist among the accommodation
Application of swot analysis as strategic management tool : Explore the practical application of SWOT Analysis as a strategic management tool, critically appraising issues and limitations associated with its use.
Unconscious biases that influence your leadership style : Reflect on your personal and professional values and conscious or unconscious biases that influence your leadership style.
Visual contact between the interviewer : Describes the purpose of the 3 V's + B? To maximize client "talk time" To increase the amount of visual contact between the interviewer
Multiple self-serve vacuum stations : Help me make a Stakeholder Engagement Monitor and Control Plan with regards to an automated car wash with multiple self-serve vacuum stations

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd