BUS 520 Business Analytics and Decision Making TUI Descriptive Statistics Case Study This assignment is four parts, please pay attention to the instructions because I lose points will seeking help before because the assignments was done right. Some assignments requires written reports and some are just excel reports. Thank you in advance for the help.
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ASSIGNMENT #1
Assume once again that you are a consultant who works for the Diligent Consulting Group. You collected only the Age of customers in the Module 1 Case scenario. You realized, however, that you need more customer information and collected the following additional variable: Annual Amount Spent on Organic Food. You want to conduct additional analysis on this customer database.
SLP Assignment Expectations
Complete the following tasks in the Module 1 SLP assignment template:
Calculate mean, median, mode, range, standard deviation, and skewness for both variables using the Descriptive Statistics tool in Excel.
What are the characteristics of the average customer?
What are the characteristics of the typical customer?
Comment on the skewness of the variables: Which variable is most skewed? Which variable is least skewed?
Given your answers to question 4 above, which measure of central tendency best describes customers?
Comment on additional variables that would be useful to collect in order to analyze customers in greater detail. List at least two additional variables and explain why they are important for this analysis
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ASSIGNMENT#2 (I need the write-up and the hypothesis test conducted)
CONFIDENCE INTERVALS AND HYPOTHESIS TESTING
Assignment Overview
You are a consultant who works for the Diligent Consulting Group. In this Case, you are engaged on a consulting basis by Loving Organic Foods. In order to get a better idea of what might have motivated customers buying habits you are asked to analyze a customer database. You realize the database is still incomplete, so you recontact these customers and collect additional information. The database now includes Annual Amount Spent on Organic Food, Age, Annual Income, Number of People in the Household, and Gender.
Case Assignment
Using Excel, generate descriptive statistics for these new variables: Annual Income, Number of People in the Household, and Gender.
You have much more information about the customers than you did in the Module 1 Case. After you have reviewed the results generated above, write a report to your boss that briefly describes the results that you obtained. Please include the following in your report:
The descriptive statistics you generated.
Your interpretation of the descriptive statistics and any visual displays or other tools you used to analyze the data.
Your recommendation on how this new data might be used for marketing purposes.
Comment on whether this new recommendation is different than the one you provided in the Module 1 case. If so, explain why it is different.
Compare your statistical results from the new variables with those of the industry.
Lastly, your client argues that the amount of money spent on organic food is the same for females and males. You decide to test this at the ? = 0.10 level, using a two-sample hypothesis test. You dont know the population standard deviation, but you assume they are the same. Run this test in Excel and interpret the results. Can you support your clients claim?
Data: Download the Excel-based data file: BUS520 Module 2 Case.
Assignment Expectations
You can again search the professional market research reports from the IBISWorld database to conduct the industry analysis.
IBISWorld Overview (n.d.). IBISWorld, Inc., New York, NY.
IBISWorld Forecast (n.d.). IBISWorld, Inc., New York, NY.
IBISWorld Data and Sources (n.d.). IBISWorld, Inc., New York, NY.
IBISWorld Navigation Tips (n.d.). IBISWorld, Inc., New York, NY.
Written Report
Length requirements: 45 pages minimum (not including Cover and Reference pages). NOTE: You must submit 45 pages of written discussion and analysis.
Provide a brief introduction to/background of the problem, similar to the introduction/background you provided in Module 1 Case.
Provide a brief description of organic food industry and target market characteristics such as their demographics, lifestyles, and shopping behaviors. This should be similar to the description you provided in Module 1 Case, but now you have more variables that you want to ensure you are able to compare to the industry data.
Provide a written analysis that addresses each of requirements listed under the Case Assignment section.
Write clearly, simply, and logically. Use double-spaced, black Verdana or Times Roman font in 12 pt. type size.
Please use keywords as headings to organize the report.
Avoid redundancy and general statements such as “All organizations exist to make a profit.” Make every sentence count.
Paraphrase the facts using your own words and ideas, employing quotes sparingly. Quotes, if absolutely necessary, should rarely exceed five words.
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Again please ensure the written report is written like reseach
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