MG3002 Business Statistics: Descriptive and Regression Analysis Report

This report presents a comprehensive statistical analysis of crime data, addressing the requirements of a Business Statistics assignment (MG3002). The analysis is divided into two parts, focusing on descriptive statistics and correlation/regression analysis. The descriptive statistics section includes summary statistics, frequency distributions, and graphical representations such as histograms, ogives, and box plots to visualize the data. The regression analysis section explores the relationships between crime rates and various socio-economic factors like murder rates, poverty levels, and single-parent households using scatter plots and regression outputs. The report also examines the correlation coefficients, the coefficient of determination, and hypothesis testing to determine the significance of the relationships between variables. The report provides interpretations of the findings and concludes with a discussion of the key insights derived from the analysis. The assignment adheres to the specified formatting guidelines, including the word limit and referencing requirements.