Examine and analyse the dataset thoroughly

Assignment Help Business Management
Reference no: EM131614500 , Length: 8-10 Pages

General Description / Requirements

The assignment requires that you analyse a data set, interpret and draw conclusions from your analysis, and then convey your conclusions in a written email. The assignment must be completed individually. The assignment, together with the appropriate Faculty assignment attachment sheet, must be submitted by the due date electronically in CloudDeakin. When submitting electronically, you must check that you have submitted the work correctly by following the instructions provided in CloudDeakin. Please note that we will NOT accept any hard copies or assignments submitted via email.

The assignment uses the file A1.xlsx which can be downloaded from CloudDeakin. Analysis of the data requires the use of techniques studied in Topics 1 to 5.

Scenario
You are Alex Cassidy, a business analyst who works for the BLITZ department store chain in their Research and Analysis department. You have been asked by the General Manager, Ms Jacinta Liu, to analyse a random sample of data collected from a recent survey of 300 randomly selected customers shopping in our stores. Her email making this request of you is reproduced below.

Assignment instructions
The assignment consists of two parts:

Part 1: Data Analysis
In order to prepare a reply to the General Manager, you will need to examine and analyse the dataset thoroughly. The General Manager has asked a number of questions.
For all relevant questions in the email, you can assume that:
- a 95% confidence level is appropriate for confidence intervals and
- a 5% level of significance (that is, alpha (α) = 0.05) is appropriate for hypothesis tests.

The following guidelines for each question should be considered carefully:

Q1. Regarding customers' age and the amount of money spent on a visit.

a. You will need to produce the relevant summary statistics and suitable table(s) and graph(s).

b. Firstly, you will need to produce the relevant summary statistics. Once done, you should then use an appropriate inferential technique to determine if there is any difference in the average age of customers between the three cities.

c. Here, you will again need to generate the relevant summary statistics. Once done, you should then use an appropriate inferential technique to answer the question whether or not the average amount spent by all customers is less than $105.

d. You will need to use relevant relationship technique(s) to see whether the amount of money spent per visit is influenced by age of the customer.
Q2. Regarding the shopping habits of our customers and their usage of the beauty sections within our department stores.

a. After producing the relevant summary statistics, you will need to use an appropriate inferential technique to estimate the proportion of shoppers who are shopping in the beauty sections in each of the three cities.

b. Produce the relevant summary statistics. You will then need to use an appropriate inferential technique to determine if the proportion of all shoppers shopping in the beauty section could actually be greater than 48%.

c. This question is conditional upon the customer being a female. To assist in solving this question and the question below it (d.), you should create cross tabulations for the variables Beauty and the Gender.

General guidelines:
The analysis section you submit should be no more than 8 pages of computer output (ie. output that you have copied into your Word document from Microsoft Excel). When you conduct your analysis, you will produce much more than this initially, but you should trim it down to only show the most relevant results in your maximum of 8 pages. Where possible, it is always useful to produce both numerical and graphical statistical summaries as sometimes, something is revealed in one that is not obvious in the other. Within the Word document, your analysis should be presented in the same sequence (and contain that same numbered sequence) that the questions have been asked by Jacinta Liu (the General Manager), and be clearly labelled and grouped around each question. Poorly presented, unorganised analysis or excessive output (more than 8 pages) will be penalised.

Part 2: Email

You are required to reply by email, detailing essential information and conclusions from your data analysis. You are allowed no more than 2 pages to convey your written conclusions.

Keep the English simple and the explanations succinct. Avoid the use of technical statistical jargon. Your reader will not necessarily understand even simple statistical terms, thus your task is to convert your analysis into plain, simple, easy to understand language.
Further IMPORTANT instructions:
- The email is to be written as a stand-alone document (assume that the Jacinta Liu will only read your email). Thus, you should not have any references in the email to your analysis, nor should you include any charts and tables within it.
- Use an email format for your reply. That means the email heading (eg. To:, From:, Subject:) should be included, the recipient should be addressed at the beginning and the signature or name of the sender should be included at the end.
- When composing your reply, make sure that you actually answer the questions asked. Cite (state) the summary statistics of importance without referring to your analysis section.
- Sequentially number your answers in both your email and your analysis (1, 2 ... 5) to match the General Manager's email.
- Include a simple introduction at the start of the email and a summary/conclusion at the end.
- Marks will be deducted for the use of technical terms, irrelevant material, poor presentation/organisation/formatting and emails that are over two pages long.

When you have completed the email, it is a useful exercise to leave it for a day, return to it and re-read as if you knew nothing about the analysis. Does it flow easily? Does it make sense? Can someone without prior knowledge follow your written conclusions? Often on re-reading, you become aware that you have made some points in a clumsy manner, and you find that you can re-phrase them much more clearly.

Attachment:- AS.xlsx

Verified Expert

This task provides a clear working procedure on one sample z test, one proportion z test and chi - square test for independence. This study focus on testing whether there is any relationship between amounts of money spent per visit influenced by the age of the customer.

Reference no: EM131614500

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Reviews

len1614500

8/26/2017 12:47:19 AM

Feedback after submission Your assignment feedback will be returned in a rubric via CloudDeakin with an overall mark together with comments. In order to understand the areas where improvement is required, students are expected to refer, and compare, their answers to the suggested solutions (before any requests for remarking are made). Your single submission document should be presented in the following order: (1) the written email, comprising of no more than 2 pages, then (2) your analysis, which will be no more than 8 pages of output. With your submission, please upload the Faculty assignment attachment sheet as a separate document.

len1614500

8/26/2017 12:47:07 AM

• Building evidence of your experiences, skills and knowledge (Portfolio) - Building a portfolio that evidences your skills, knowledge and experience will provide you with a valuable tool to help you prepare for interviews and to showcase to potential employers. There are a number of tools that you can use to build a portfolio. You are provided with cloud space through OneDrive, or through the Portfolio tool in the Cloud Unit Site, but you can use any storage repository system that you like. Remember that a Portfolio is YOUR tool. You should be able to store your assessment work, reflections, achievements and artefacts in YOUR Portfolio. Once you have completed this assessment piece, add it to your personal Portfolio to use and showcase your learning later, when applying for jobs, or further studies. Curate your work by adding meaningful tags to your artefacts that describe what the artefact represents.

len1614500

8/26/2017 12:46:59 AM

• Penalties for late submission: The following marking penalties will apply if you submit an assessment task after the due date without an approved extension: 5% will be deducted from available marks for each day up to five days, and work that is submitted more than five days after the due date will not be marked. You will receive 0% for the task. 'Day' means working day for paper submissions and calendar day for electronic submissions. The Unit Chair may refuse to accept a late submission where it is unreasonable or impracticable to assess the task after the due date. • For more information about academic misconduct, special consideration, extensions, and assessment feedback, please refer to the document Your rights and responsibilities as a student in this Unit in the first folder next to the Unit Guide of the Resources area in the CloudDeakin unit site.

len1614500

8/26/2017 12:46:51 AM

Your submission will comprise of ONE (1) word or .pdf document only (a Microsoft WORD file or an Adobe .pdf file). To get the Microsoft Excel output into Microsoft Word, you need to copy your relevant analysis output and paste it with the paste special option (paste as a picture). You must keep a backup copy of every assignment you submit, until the marked assignment has been returned to you. In the unlikely event that one of your assignments is misplaced, you will need to submit your backup copy.

len1614500

8/26/2017 12:46:40 AM

General guidelines: The analysis section you submit should be no more than 8 pages of computer output (ie. output that you have copied into your Word document from Microsoft Excel). When you conduct your analysis, you will produce much more than this initially, but you should trim it down to only show the most relevant results in your maximum of 8 pages. Where possible, it is always useful to produce both numerical and graphical statistical summaries as sometimes, something is revealed in one that is not obvious in the other. Within the Word document, your analysis should be presented in the same sequence (and contain that same numbered sequence) that the questions have been asked by Jacinta Liu (the General Manager), and be clearly labelled and grouped around each question. Poorly presented, unorganised analysis or excessive output (more than 8 pages) will be penalised.

len1614500

8/26/2017 12:46:24 AM

General Description / Requirements The assignment requires that you analyse a data set, interpret and draw conclusions from your analysis, and then convey your conclusions in a written email. The assignment must be completed individually. The assignment, together with the appropriate Faculty assignment attachment sheet, must be submitted by the due date electronically in CloudDeakin. When submitting electronically, you must check that you have submitted the work correctly by following the instructions provided in CloudDeakin. Please note that we will NOT accept any hard copies or assignments submitted via email. The assignment uses the file A1.xlsx which can be downloaded from CloudDeakin. Analysis of the data requires the use of techniques studied in Topics 1 to 5.

len1614500

8/26/2017 12:46:19 AM

Learning Outcome Details Unit Learning Outcome (ULO) Graduate Learning Outcome (GLO) ULO 2: Apply quantitative reasoning skills to analyse business performance. This assignment assesses the ability to use the appropriate technique to analyse the data, correctly interpret the analysis output and draw appropriate conclusions. GLO 1: Discipline-specific knowledge and capabilities: appropriate to the level of study related to a discipline or profession. ULO 4: Use contemporary data analysis tools to analyse business performance. This assignment assesses proficiency in the use of data analysis tools within Microsoft Excel (one of the most widely used data analysis tools). GLO 4: Critical thinking: evaluating information using critical and analytical thinking and judgement.

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