BIS Data Analysis: Comparing South East and North West Regions

BIS Data Analysis
Report and Excel
File

Contents
Contents...........................................................................................................................................2
INTRODUCTION...........................................................................................................................3
TASK...............................................................................................................................................3
Compare the South East region with the North West region:.....................................................3
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................9

INTRODUCTION
The analysis of data is a method for review, purification, transformation and simulation of
data in order to identify valuable details, notify assumptions and facilitate decision taking. The
empirical data contains various dimensions and methods, including a broad range of strategies
and being used in numerous areas of business, sciences and social sciences. Data analysis plays a
role in taking more scientific decisions and helping companies to operate more efficiently in the
business world of today. On the behalf of analysed data set, companies take crucial decisions for
further time period (Allen, Bean and De Gregorio, 2016). The covers detailed information about
various aspects such as analysis of data that is processed under excel sheet by using different
functions like PIVOT table, sorting and many more. Along with visual examination of data is
also done by help of various kinds of charts.
TASK
Compare the South East region with the North West region:
a. Analysis:
Data analysis plays a role in taking more scientific decisions and helping companies to
operate more efficiently in the business world of today. Data are collected in conjunction with
the work from different sources. After data are gathered, a hypothesis or other form of result will
be reviewed and evaluated. Data analyses play an essential role as far as company is concerned
as choices entail such uncertainties or ambiguity. To order to curiously analyse every aspect of
the data gathered and presented, data analysis is method of analysing evidence based on rational
and empirical reasoning. The data collected and afterwards reviewed additional assistance
decision makers reduce the risk of a specific decision. In this regard following is comparative
analysis of South East region with the North West region based on the data provided, as follows:
In terms of nature of business- Under south east region, most of the people prefer to micro
business under that 5 to 9 employees work. While in the North West region, there is medium
business whose employee strength is of 20 to 49 employees. It is showing that both regions have
different types of businesses. In comparative manner this can be stated that under North West
region, companies are big and have a greater number of staff in their businesses. On the other
hands, in south east region most of the companies are small that have limited strength of staff
members (Bentley, Mullen. and Wilson, Bentley Systems, 2019).