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STAT670 Statistics Assignment

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Introductory Statistics (STAT670)

   

Added on  2020-05-16

STAT670 Statistics Assignment

   

Introductory Statistics (STAT670)

   Added on 2020-05-16

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Running head: STATISTICS StatisticsName of the Student:Name of the University:Author’s note:
STAT670 Statistics Assignment_1
1STATISTICSTable of ContentsQuestion and Answers of “Haverland” Case Study.....................................................................................................................................................2Answer No. 1:...........................................................................................................................................................................................................2Answer No. 2:...........................................................................................................................................................................................................2Answer No. 3:...........................................................................................................................................................................................................3Answer No. 4:...........................................................................................................................................................................................................4Answer No. 5:...........................................................................................................................................................................................................5References:...................................................................................................................................................................................................................7
STAT670 Statistics Assignment_2
2STATISTICSQuestion and Answers of “Haverland” Case StudyAnswer No. 1:Current Situation and SWOT Analysis: In spite of the maturity, the electric heating market in France is still rising. The establishment is driven by new machinery and technologythat carries out pioneering energy-efficient products. In recent days, Housing construction is an additional factor that is increasing the growth. Itis believed that the market would prolong to enhance in coming twenty years. The challenges regarding heating represent an individualhousehold along with businesses. This apprehension is linked to the challenges of circumstances and exigency to develop energy-efficientsolutions.SWOT analysis mainly focuses to highlight strength, weakness, opportunity and threat of any incident or any subject. In accordance tothe SWOT analysis of heating market,Strength: The strength of “Haverland” Electric-heater Company in France is that the company is lucrative and specifically renovated. Thequality of insulation is very important for maintaining energy consumption and cost down. The directive of electric heating installation hasgranted conformity with new rules that requires the use of extremely proficient heating tools. More of it, a full range of electric inertia heaters isavailable to cover up all the sectors of market. The availability of different types of radiators is the strength of electric heating systems alongwith affordability, efficiency and reliability. Weakness: Staffs must know the affects of performance of company. Otherwise, new obstacles for electric heating would gradually becomeaccountable. The deficient of innovation might be a great matter of question. Opportunity: A wide range of electric inertia radiators, electric towel rails, electric radiant heating panel and natural convection heaters maketheir major launch in France. A wide range of electric inertia heaters is ready to cover all the market segments. Selling market of gas heatingsystems has a vast prospect of huge improvement. The opportunity is the increasing trend value of heating projects. The weather condition issignificantly influencing the acquisition of equipment. “Haverland France” has structured brand awareness through their dealers. Haverland’scurrent communicating strategy has an objective to be cheap and efficient. Hence, the online communication is an excellent choice of media forthe heating company. Threat: The requirement for steady renovation creates a modern business circumstances. However, “Haverland” has no privacy or discretionclauses about the environmental facets. The strategic move of Spanish heating companies of the market is a threat for this French company(Persson and Werner 2011). Answer No. 2:Haverland’s Customer Profile:The customers of “Haverland” customer profile depends upon various types of heating markets that are Heating system, Gas, electricity,Electricity and wood as supplement, renewable energy or hybrid, renewable energy combined with other energies and other heating systems.Commitment of the company is to enlarge international markets led to strong enlargement of network of commercial agents and distributors. Sustainable consumption for insulation work or equipment choice is synonymous with the opulence of consumers to select high-endtechnology for their heating systems. Household consumption of energy for heating depends on housing types and socio-demographic factorssuch as level of income and different structural processes. The substitution of equipments eventually depends upon available new products.Customers have a propensity to link up the performance and cost-effective attributes of electric heating with the most-possible comfort orexpediency afforded by other systems. In the ground of reality, a large majority of people selects the system that is least costly for installation
STAT670 Statistics Assignment_3

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