Statistics Assignment: Analysis of Australian Exports, Frequency Table, Time Series, Correlation Analysis and Linear Regression

STATISTICS
STUDENT ID:
[Pick the date]

Question 1
Part a) Direction of exports values for Australia is represented below.
Part b) Australian – Direction of exports (%)
For 2004/2005 For 2014/2015
Part c) Taking into reference the above graphical illustrations, following aspects would be
highlighted.
 China has grown its share in Australian exports at a rapid pace which is apparent from
the significant jump in share during the 10 year period. As a result, the share of every
other country in the Australian exports has seen a fall in their share even though some
of them have witnessed higher absolute exports from Australia.
 There is a noticeable exception to the rising exports from Australia to each of the
trade partners considered above. This exception is in the form of United Kingdom
since it has been a fall in exports from Australia during the 10 year period which is
surprising.
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 Another key observation relates to the stagnant exports from Australia headed to New
Zealand. It is interesting to see exports from Australia increased to far off trade
partners such as India and China but it has not increased with New Zealand despite
the minimal distance and logistics cost involved.
Question 2
Part a) Frequency table (Umbrella Sold)
Classes Frequency Relative Frequency
30-40 2 0.05
40-50 4 0.10
50-60 8 0.20
60-70 11 0.28
70-80 8 0.20
80-90 5 0.13
90-100 2 0.05
Part b) Frequency table (Umbrella Sold)
Part c) Relative Frequency Histogram
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