Analyzing Export Markets and Umbrella Sales

1
Business Decision Making

2
Answer 1
(a) A comparative analysis with a clustered bar chart has been presented in Figure 1
(Jelen, 2010). Export market figures of goods and services from Australia to other
countries have been compared between two time periods, 2004-05 and 2014-15.
Export to China is noted to have increased heavily in 2014-15 from 2004-05.
China Japan United
States Republic of
Korea India New
Zealand Singapore United
Kingdom
0
10
20
30
40
50
60
70
80
90
100
A Comparitive Export Market Figure for Goods and Services for
Australia
Exports (AUS $ Billion)
Figure 1: Export Markets for Goods and Services for Australia in 2004-05 and 2014-15
(b) Yet again, a comparative analysis with a clustered bar chart has been presented in
Figure 2 with percentage of exports. Export market figures of goods and services from
Australia to other countries have been compared between two time periods, 2004-05
and 2014-15. Export to China is noted to have increased so heavily in 2014-15 from
2004-05 that it has reduced percentage increase in exports to other 7 countries.

3
China Japan United
States Republic of
Korea India New
Zealand Singapore United
Kingdom
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
40.0%
45.0%
A Comparitive Figure for Percentage of Exports by Country of
Destination
Percentage (%)
Figure 2: Percentage of Australian Exports of goods and services by Country in 2004-05 and 2014-15
(c) Exports to seven countries, with the exception of exports to the United Kingdom,
increased. Compared to 2004-05, exports to the UK declined in 2014-15. The
distribution of export allocations to the countries shows the real situation with regard to
the relative growth of exports by the countries. The total value of exports increased in
2014-15. Compared to 2004-05, percentage growth in exports to countries increased in
2014-15. However, export growth has declined to other seven countries due to strong
growth in Chinese exports.

4
a. Frequency distribution of Umbrella Sales:
Table 1: Frequency distribution of Umbrella Sales of the store
Class Lower Class
Limit
Upper
Class
Limit
Frequency
30-40 30 40 2
40-50 40 50 4
50-60 50 60 8
60-70 60 70 11
70-80 70 80 8
80-90 80 90 5
90-
100 90 100 2
Relative frequency distribution of Umbrella Sales:
Table 2: Relative Frequency distribution of Umbrella Sales of the store
Class Lower Class
Limit
Upper
Class
Limit
Frequency Relative Frequency
30-40 30 40 2 0.05
40-50 40 50 4 0.10
50-60 50 60 8 0.20
60-70 60 70 11 0.28
70-80 70 80 8 0.20
80-90 80 90 5 0.13
90-100 90 100 2 0.05
b. Cumulative frequency distribution of Umbrella Sales:
Table 3: Cumulative Frequency distribution of Umbrella Sales of the store
Class Lower Limit Upper Limit Frequency Cumulative Frequency
30-40 30 40 2 2
40-50 40 50 4 6
50-60 50 60 8 14
60-70 60 70 11 25
70-80 70 80 8 33
80-90 80 90 5 38
90-
100 90 100 2 40