Statistics and Research Methods in Business Decision Making Name of the University Student Name

Running head: STATISTICS AND RESEARCH METHODS IN BUSINESS DECISION
MAKING
Statistics and Research Methods in Business Decision Making
Name of the Student
Name of the University
Course ID

STATISTICS AND RESEARCH METHODS IN BUSINESS DECISION MAKING1
Table of Contents
Question 1........................................................................................................................................2
Question a....................................................................................................................................2
Question b....................................................................................................................................2
Question c....................................................................................................................................3
Question 2........................................................................................................................................3
Question a....................................................................................................................................3
Question b....................................................................................................................................4
Question c....................................................................................................................................4
Question d....................................................................................................................................5
Question e....................................................................................................................................5
Question f.....................................................................................................................................6
Question 3........................................................................................................................................6
Question a....................................................................................................................................6
Question b....................................................................................................................................7
Question c....................................................................................................................................8
Question d....................................................................................................................................8
Question e....................................................................................................................................9
Question f...................................................................................................................................10
Question g..................................................................................................................................10
Question h..................................................................................................................................10
References......................................................................................................................................11

STATISTICS AND RESEARCH METHODS IN BUSINESS DECISION MAKING2
Question 1
Question a
Figure 1: Value of food and fibre export in 2010 and 2015
Question b
Figure 2: Percentage value of food and fibre export in 2010 and 2015

STATISTICS AND RESEARCH METHODS IN BUSINESS DECISION MAKING3
Question c
Figure 1 which compares the amount of export of food and fibres by state between 2010
and 2015 shows that there is an increase in volume of export by almost all states except
Tasmania in 2015. In both the year, Victoria constituted highest volume of export. The
percentage share of exports between the two years is presented in figure 2. Percentage share in
export in 2015 has decreased for Victoria, NSW, WA, SA and Tasmania. The percentage share
in export has increased only for Queensland. This suggests increase in export share by states
other than Victoria, Queensland NSW, WA, SA and Tasmania.
Question 2
Question a
Table 1: Frequency distribution and Relative frequency distribution