Interpret and draw conclusions from your analysis

Assignment Help Advanced Statistics
Reference no: EM132276353 , Length: word count:2500

Assignment

Background
This is an individual assignment. You need to analyse a given data set, and then interpret and draw conclusions from your analysis. You then need to convey your conclusions using plain language in a written report to a person with little or no knowledge of Business Analytics.

Graduate Learning Outcome

GLO1: Discipline-specific knowledge and capabilities - appropriate to the level of study related to a discipline or profession.

GLO3: Digital Literacy - Using technologies to find, use and disseminate information

GLO5: Problem Solving - creating solutions to authentic (real-world and ill-defined) problems.

Learning Outcome
ULO 1: Apply quantitative reasoning skills to solve complex problems.

ULO 2: Use contemporary data analysis and visualisation tools and recognise the limitation of such tools.

Case Study

You are Lee Slattery, an analyst for BI Intelligence. BI Intelligence is the Business Insider's paid research service. Business Insider is the world's fastest-growing business news website, and its articles include the latest technology, money and market news. BI Intelligence produces a number of reports on key digital areas, including the mobile industry. Information from those reports is then subsequently published on the Business Insider's website by their respective writers.

Sam Edmondson, a tech journalist at Business Insider, wants to publish an article on the current smart mobile phone usage in Australia. This is in light of Australia being ranked 2nd in the world behind Singapore for smartphone usage. Businesses, including Telcos, find this information useful and subsequently use it to improve their own operations, marketing strategies, etc., for the digital age.

Sam's article will be wide-ranging and include commentary on the user's expenditure, usage patterns, satisfaction levels and demographics.

Sam has asked you to conduct a preliminary analysis of the collected data. In particular, you are expected to perform a series of descriptive and inferential analyses and produce a report based on the findings. This report must be written in plain language since the interested party who may read the report do not necessarily have any statistical knowledge.

Sam's specific analysis requirements are outlined in his email, which is reproduced on the next page.

Email from Sam Edmondson

Hi Lee,
As discussed earlier, I have cleaned and simplified the dataset to 11 variables for your convenience. The cleaned dataset contains information about 150 randomly selected smartphone users.
1. Please provide an overall summary of the monthly bill amount.

2. I would like to build a profile of a typical smartphone user. For a start, please estimate:
a. the average percentage use of Smartphones for work-related activities.
b. the proportion of Smartphone users classified as geo tribe ‘Crusaders'.

Please include any other factors that you might think would be appropriate to include in the profile of the Smartphone user.

3. I would also like to compare our data against several industry publications.
a. An industry report suggests that the average monthly bill has dropped below $72. Is there any evidence to support this argument?
b. A similar study last year reported that 3 out of 4 Smartphone users are either ‘Very Satisfied' or ‘Moderately Satisfied' with their service provider. Would you please check to see if this statement is still valid for all users?
c. If we delve deeper, is there a difference in the level of satisfaction between male and female users? In other words, can we conclude that there is a significant difference between how males and females users feel about their service provider?
d. As an industry benchmark, it is believed that the monthly bill amounts are related to the use of the Smartphone as a payment device. In particular, the average monthly bill is higher when using the smartphone as a payment device. Does the data support this proposition?
e. Also, the industry experts believe that the use of Smartphones for online purchases is higher for users who are highly active in social media than for those users who are moderately active in social media. Is this a valid statement?

4. I would like to get an understanding of the link between the level of social media engagement, gender and the average monthly bill amount.
a. I believe that the proportion of female users who are moderately active in social media is higher than that of male users who are moderately active in social media.
b. I also believe that the average monthly bill amount for users who are moderately active in social media is higher when the Smartphone user is female.

Is there any evidence to support my assertions above?

I look forward to your response. Sincerely,
Sam Edmondson

The assignment consists of two parts: Analysis and Report. You are required to submit both your written report and analysis.

Guidelines for Data Analysis

Read the case study and questions asked by Sam carefully. Then spend some time reviewing the data to get a sense of the context. The analysis required for this assignment involves material covered in Module 1, with the corresponding tutorials being a useful guide.

The analysis should be submitted in the appropriate worksheets in the Excel file. Each question from the email should be analysed in a separate tab (e.g. Q1, Q2 ... or Q3.1, Q3.2 ...).

You need to add these. Before submitting your analysis, make sure it is logically organised, and any incorrect or unnecessary output has been removed. Marks will be penalised for poor presentation or disorganised/incorrect results.
For all questions in the email, you can assume that:
• 95 % confidence level is appropriate for confidence intervals and;
• 5.0 % level of significance (i.e. α = 0.05) is appropriate for any hypothesis tests.

You can complete all data analysis using the Excel templates provided in the assignment data file. In choosing the technique to use for a given question, keep the following in mind:
• Are we dealing with a numerical (quantitative) variable or categorical (qualitative) variable?
• Do we have to make an estimate or are we testing a theory, claim etc.? Each type of question must be answered using the most appropriate technique.
• Are we dealing with one sample/population?
• Are we dealing with two samples/populations (independent samples or pair-samples)?
• Even though question(s) may lead you to inferential analysis, consider conducting a descriptive analysis of the sample data first.

Guidelines for your Business Report

Once you have completed your data analysis, you need to summarise the key findings for each question and write a response to Sam's questions in a report format.

Your business report consists of four sections: Introduction, Main Body, Conclusion, and Appendices. The report should be around 1,500 words.

Attachment:- Descriptive Analytics and Visualisation.rar

Reference no: EM132276353

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Reviews

len2276353

4/6/2019 12:39:16 AM

Interpretation (Marks: 60%) Provides an outstanding descriptions and inference of results. Conclusions are explained in clear language and insightful. The entire report is aimed to address the main research question (i.e. clear logical flow across the entire report). All analyses assumptions / limitations are communicated. 48 – 60 Communication (Marks: 5%) The written communication is truly professional, logical and easy to follow. All necessary analysis outputs are presented in the appendix with consistent formatting, appropriate titles for all figures and tables. 4 – 5

len2276353

4/6/2019 12:38:57 AM

PERFORMANCE Criteria EXCEEDS STANDARD Very Good Exemplary Very comprehensive analysis of the data using appropriate techniques. Correct Inferential analysis methods used to answer questions. 24.5 – 27.9 Skilful and comprehensive analysis of the data using many different techniques. 28 – 35

len2276353

4/6/2019 12:38:24 AM

ASSESSMENT 1 (INDIVIDUAL- 30%) • This assignment requires you to (a) analyse a given data set; (b) interpret and draw conclusions from your analysis; and (c) convey your conclusions in a written report to a person with little or no knowledge of Business Analytics. The assignment deliverables include: — A single Excel file: This should include your intermediate analysis and final analysis outputs. — A single electronic Word document (i.e. Business Report): This should entail detailed and accurate description of the features of the analysis along with appropriately qualified conclusions. Together, these two documents should be equivalent of 2,500 words.

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