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BUS708 - Statistics and Data Analysis Assignment

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King's Own Institute (KOI), Australia

   

BUS708 Statistics and Data Analysis (BUS708)

   

Added on  2020-03-01

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The main aim of this study is to analyze the rents provided by the households or the apartments in the four main suburbs in Sydney metro. These suburbs include Sydney, Randwick, Parramatta and Auburn. The rents that the international students are paying currently are to be analyzed.

BUS708 - Statistics and Data Analysis Assignment

   

King's Own Institute (KOI), Australia

   

BUS708 Statistics and Data Analysis (BUS708)

   Added on 2020-03-01

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Running Head: BUS708 STATISTICS AND DATA ANALYTICSBUS708Statistics and Data AnalyticsName of the StudentName of the UniversityAuthor Note
BUS708 - Statistics and Data Analysis Assignment_1
BUS708 STATISTICS AND DATA ANALYTICS1Table of ContentsSECTION 1: INTRODUCTION.................................................................................................................21.1 Introduction.......................................................................................................................................21.2 Explanation of Dataset on International Students..............................................................................21.3 Explanation of the Rental Bond Board Property Data.......................................................................2SECTION 2: INTERNATIONAL STUDENTS’ WEEKLY RENT............................................................42.1 Data Presentation of House Rent.......................................................................................................4SECTION 3: RENTAL BOND BOARD PROPERTY DATA-DWELLING TYPE...................................6
BUS708 - Statistics and Data Analysis Assignment_2
BUS708 STATISTICS AND DATA ANALYTICS2SECTION 1: INTRODUCTION1.1 IntroductionAn Australian company provides services for the people around the world who wants to relocateto Australia temporarily or permanently. One of the prime facilities provided by this Australian Companyis to help their clients in choosing the best and most reasonable place of accommodation, which will alsobe budget friendly. These clients mainly include international students. The main aim of this study is toanalyze the rents provided by the households or the apartments in the four main suburbs in Sydney metro.These suburbs include Sydney, Randwick, Parramatta and Auburn. The rents that the internationalstudents are paying currently are to be analyzed. This will give the clients a clear idea of the rents in thedifferent suburbs and thus will make it easier to offer their clients with a rate and negotiate with theproperty owners. 1.2 Explanation of Dataset on International StudentsA sample of 40 students have been collected and their weekly house rents have been recorded. 40international students were selected from the four Australian suburbs namely Sydney, Randwick,Parramatta and Auburn. These students were selected by the method of simple random sampling. Thus, itcan be said the sample selected is unbiased. The data has been collected directly from the students by asurvey. Thus the data so collected is a primary data. The variable involved in this case is the weekly rentpaid by the students. Thus, this is a continuous variable. 1.3 Explanation of the Rental Bond Board Property DataThe second dataset, that is the dataset on Rental Bond Board Property Data has been collectedfrom the NSW Rental Bonds data that was published by the department of Finance, Services andInnovation. For the purpose of this study, a subset of the original dataset has been considered. Thevariables involved in this dataset are Bond Amount (quantitative and continuous variable), Weekly Rent(quantitative and continuous variable), Dwelling Type (qualitative variable, nominal), number of
BUS708 - Statistics and Data Analysis Assignment_3
BUS708 STATISTICS AND DATA ANALYTICS3bedrooms (quantitative and discrete variable), postcode (ordinal data) and suburb (qualitative andnominal). The data collected here is actually a secondary data as the data has been obtained fromstatistical records of an organization. The first five cases of the dataset considered has been displayed intable 1.1.Table 1.1: First five cases of Rental Bond Board Property dataBond AmountWeekly RentDwelling TypeNumber BedroomsPostcodeSuburb$2,200$550Flat12000SYDNEY$1,520$380Flat12150PARRAMATTA$1,600$400Flat22150PARRAMATTA$2,340$585Flat22150PARRAMATTA$2,200$550Flat22031RANDWICK
BUS708 - Statistics and Data Analysis Assignment_4

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