Business Mathematics and Statistics Task 2022

University
Business Mathematics and Statistics
By
Your Name
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© <Your Name> 2019

Table of Contents
1.0 Executive Summary...............................................................................3
1.1 Introduction............................................................................................3
1.2 Data Analysis..........................................................................................3
1.2.1 Task 1: Analysis of Sales Data......................................................3
1.2.2 Task 2: Probability..........................................................................9
1.2.3 Task 3: Correlation and Regression Analysis...........................10
1.2.4 Task 4: Analysis of Census Data.................................................12
1.3 Conclusion.............................................................................................17
1.4 References............................................................................................18
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List of Figures
Figure 1: Table for Sales Revenue in Dollars...................................................5
Figure 2: Bar Graph for Sales Revenue in Dollars............................................5
Figure 3: Table for Sales Revenue in Percentage............................................6
Figure 4: Table for Sales of Cricket Balls.........................................................6
Figure 5: Table for Sales of Cricket Bats..........................................................7
Figure 6: Table for sales of Stumps.................................................................7
Figure 7: Pie Chart for Sales of Cricket Balls....................................................8
Figure 8: Pie Chart for sales of Cricket Bats.....................................................8
Figure 9: Pie Chart for Sale of Stumps.............................................................9
Figure 10: Pie Chart for Representative Sale in Brisbane................................9
Figure 11:Pie chart for Representative Sale in Melbourne.............................10
Figure 12: Pie Chart for Representative Sale in Sydney................................10
Figure 13: Correlation Matrix.........................................................................12
Figure 14: Regression Table..........................................................................13
Figure 15: Frequency Distribution and Histogram for Gender.......................14
Figure 16: Frequency table and Histogram for Marital Status.......................15
Figure 17: Frequency Distribution and Histogram for Age.............................15
Figure 18: Frequency and Histogram for Employment- Hours worked..........16
Figure 19: Frequency distribution and histogram for Education....................16
Figure 20: Frequency Distribution and Histogram for Language Spoken......17
Business Mathematics and Statistics
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© <Your Name> 2019

1.0 Executive Summary
Data analysis is an important aspect in a business set up. It can be done
through summary tables, graphs and pie charts. Also, analysis can be done
to predict and forecast the future through probabilities and regression
analysis. The paper has highlighted the important data analysis and
prediction techniques that can assist business to draw important information
for decision making and optimization of processes.
1.1 Introduction
Data analysis is an important aspect of a business enterprise. It helps a
business to make important decisions, prioritize and optimize it critical
services. The purpose of the assignment is to perform statistical analysis on
a set of data provided to help in making important decisions in a business
set-up.
1.2 Data Analysis
1.2.1 Task 1: Analysis of Sales Data
1. The table showing sales revenue in dollars by region and
representative.
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© <Your Name> 2019