Reference no: EM13995859
Statistics and data management: Coursework
Statistics and Data Management Assignment Brief
Required: you are to use the dataset traffic data.xls to write a report for the Vice chancellor on the need for traffic calming measures along Coldharbour Lane. The speed limit on the stretch of the road where the survey was conducted is 30mph. The traffic speeds were taken for one day in May 2015. In writing your report and utilising the data you are to consider how the data might be used if the researcher was biased and wanted to
a. Argue that traffic calming measures were not needed
b. Argue in favour of traffic calming.
A good report will:
• Make full use of descriptive statistics and graphical techniques.
• Link the work undertaken to other studies
• Show that the student understands how data can be manipulated
Some sources that may prove useful are:
https://ec.europa.eu/transport/wcm/road_safety/erso/knowledge/Content/20_speed/speed_and_accident_risk.htm
https://www.swov.nl/rapport/Factsheets/UK/FS_Speed.pdf
https://humantransport.org/sidewalks/SpeedKills.htm
https://www.autoliv.com/ProductsAndInnovations/Documents/Research%20Papers/1.%20RosenSander.pdf
You should also do a little research of your own.
Step 1: Construct a dataset in the excel
You have been given the basic dataset. You will use this to construct all the statistics and diagrams that you use in your report. This excel file will be submitted with your word file and will be worth 30% of your final mark.
Step 2: Analyse the dataset using statistical tools
Estimate various statistical measures for your data series:
? Mean: Use the AVERAGE()functionin excel.
? Standard deviation: Use the STDV.S()functionin excel.
? Coefficient of variation: Divide the standard deviation by the mean.
? Median: Use the MEDIAN()function in excel.
? Upper and lower quartile: Use the QUARTILE()function in excel.
? Interquartile range: Find the difference between the upper and the lower quartile.
? Minimum: Use the MIN()function in excel.
? Maximum: Use the MAX()function in excel.
You should present the estimations in excel in a table. You will need to present the results for both cases. You should look at overall means etc. and also investigate differences between times of the day.
You do not need to do any regression analysis.
Step 3: Use diagrammatic tools to analyse the data
Construct various diagrams such as scatter graphs (to compare the variability of your series), ogives, box plots and QQ plots (to explore normality) and bar charts. The diagrams will be used for your analysis in step 4.
Step 4: Present the results in a word file
Create a word file (maximum: 1500 words) with the following structure:
Section 1 (Introduction): Describe the dataset
Section 2 (Model 1): Present the results relevant to the approach arguing for no speed restrictions (e.g. mean, median, standard deviation, coefficient of variation, relevant diagrams).
Section 3 (Model 2): Present the results relevant to the approach arguing for speed restrictions (e.g. mean, median, standard deviation, coefficient of variation, relevant diagrams).
Section 4 (Comparison): Explain differences in approach, and why the results are so different. Use diagrams, statistics to illustrate this.
Section 5 (Conclusion): Summarise what you have done and present your main findings
Note that:
? Most of the diagrams and the tables with estimations in excel should be presented in the word file. Therefore, step 2 and step 3 should be reflected in both the excel and the word file. Otherwise, you will lose marks.
? You need to use labels such as Table 1: Descriptive Statistics, Figure 3: Mean speeds by houretc.
General instructions
You have to submit both the excel file created in steps 1-3 and the word file created in step 4. The limit for the word file is 1,500 words.
Breakdown of marks
? Excel file (30%): Your excel file should contain all the data presented in a clear way as well as all the statistical estimations and graphs.
? Use of statistical tools (20%): Your statistical estimations should be presented in clearly labelled and formatted tables.
? Use of diagrammatic tools (20%): You should use relevant diagrams clearly labelled and presented.
? Discussion of results (30%): You should discuss concisely and clearly the data and the results.
Attachment:- assignment-data-2016.xlsx
A capital budgeting analysis
: Calculate the NPV and IRR of the project given the information presented using the "best case scenario." Should Samantha and Grant go ahead with the brewpub investment? Why or why not?
|
Construct a multivariate graph
: The Assignment 8 Data File contains sales data for three salesmen (Tina, Mark, Leo) and three methods (Internet, Face-to-Face, Telephone). Construct a multivariate graph and determine how you would increase sales.
|
Examine one of the following concepts in relation to work
: Examine one of the following concepts in relation to the work of either one or two authors: natural rights; fraternity or fellowship; liberty; imagination; identity; memory; class; or gender.
|
American culture perspective not the indian one
: Write an essay about that topic( from American culture perspective, not the Indian one) the post structuralist theories put forward by Baudrillard regarding reality and hyper-reality. At the same time, our media is replete with instances of "realit..
|
Statistics and data management assignment brief
: Statistics and Data Management Assignment Brief, you are to use the dataset traffic data.xls to write a report for the Vice chancellor on the need for traffic calming measures along Coldharbour Lane.
|
Solve the problem graphically
: Write the mathematical formulation of the problem. Solve the problem graphically and explain the optimal allocation of investment fund to the two investments.
|
Discuss the impact of a negative aggregate demand shock
: Using the Mundell-Fleming model (ISLM with IPR), discuss the impact of a negative aggregate demand shock (e.g., negative shock to investor or consumer confidence) on equilibrium values of output, the interest rate, the exchange rate, next exports, an..
|
Different from the condition for a balanced trade account
: In an open economy, the condition for equilibrium in the goods market is different from the condition for a balanced trade account. Explain using words or equations (or both if you wish). Draw a diagram that illustrates a situation where the goods ma..
|
List all the tools of monetary policy
: List all the tools of monetary policy. List two monetary policy targets. List two ultimate goals of monetary policy. B) Explain how the bank credit channels (two channels) of monetary policy transmission operate.
|