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Using Data to Build Business Practice : Assignment

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Added on  2020-12-18

Using Data to Build Business Practice : Assignment

   Added on 2020-12-18

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USING DATA TOBUILD BUSINESSPRACTICE
Using Data to Build Business Practice : Assignment_1
Table of ContentsINTRODUCTION...........................................................................................................................1ANALYSING DATA......................................................................................................................11. Determining Number of Travellers based on Mode of Transport preferred......................12. Evaluating number of travellers availing Independent Package for various purposes in Q32017........................................................................................................................................33. Analysing number of travellers availing Non-Independent Package for different purposes inQ3 2017..................................................................................................................................44. Calculating the Mean and Standard Deviation for both packages.....................................55. Evaluating Numeric variables using SPSS.........................................................................66. Correlation and regression analysis....................................................................................7CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................11
Using Data to Build Business Practice : Assignment_2
INTRODUCTIONBusiness Statistics are used as a tool in business decision making process. It is a scienceof decision making while facing uncertainty and is used in many areas of business whichincludes financial analysis, auditing, econometrics, operations and production (Bell, Bryman andHarley, 2018). It is used as a decision making tool and taking sound decisions for the company inorder to improve the efficiency of the business operations. These data plan an important role inthe decision making process as it analyses the data and find the ways in which it can improve theefficiency of its employees and business operations. The following report contains the analysesthe data in the TravelPac in order to find out the mode of transport used by various travellers. Italso shows the recommendations about the potential target segment. ANALYSING DATA1. Determining Number of Travellers based on Mode of Transport preferredAustraliaBelgiumChannel IslandsCroatiaCzech RepublicEstoniaGermanyHungary Irish RepublicJamaicaLithuaniaMexicoNorwayOther CaribbeanOther EuropePakistanRomaniaSloveniaSri LankaThailandUnited Arab Emirates050100150200250300350400450500Modes of Travel used by UK Residents for various destinations (Q3 2017)TunnelSeaAirNumber of TravellersCountriesInterpretation:1
Using Data to Build Business Practice : Assignment_3
The above graph represent the number of Travellers travelling through various means oftransport visiting various location. On the X axis it shows the number of travellers travelling todifferent locations whereas on the Y axis it shows the countries to which the residents of UnitedKingdom Travelling.From the above graph shows the number of United Kingdom resident travelling to variouslocation using different modes which includes air, sea and tunnel. From the above given data itcan be interpreted that the total number of UK travellers are 4175 from which the maximumtravellers are using the air mode to visit various location, total number of travellers travellingthrough air mode are stated at 3002 in which the maximum number of travellers going to theSpain are stated as 169 where as the total number of travellers travelling through Sea mode arestated as 675 from which 172 travellers travelled to France making it the maximum numberusing sea mode to travel where as in the case of tunnel the total number of travellers using themode of tunnel are 498 and 169 travellers uses this mode to travel to France. Maximum numberof Sea and Tunnel mode are used by UK travellers to travel to France whereas the Air mode isused maximum to travel to Spain (Berenson and et.al., 2012). The above graph also shows that to travel to Thailand residents of United Kingdom usesonly Air mode where as to travel to Channel Islands only air mode is used by travellers. Thegraph also shows that the maximum used mode by travellers to traveller to travel to variousdestinations are the Air mode, and the second maximum used mode to travel is the Tunnel Mode.The frequency of travellers travelling to France is the highest which shows that the people ofUnited Kingdom maximum travel to France. As per the above given graph the place least visitedby traveller is Channel Islands. From the above graph trend is analysed that the place afterFrance which is most visited by the UK residents is Spain and Netherlands, total number oftravellers going to Spain and Netherlands is 225 each. The graph shows that after Spain themaximum number of travel using Air mode is to travel to United States of America stated at 146.The above graph shows that residents of United Kingdom who are travelling to United ArabEmirates are using only one mode i.e., Air mode no other mode are used to travel to UAE andalso to travel to Middle East only Air mode is used. Thus, it can be inferred that the most preferred mode of transport among the UK Residenttravellers is by Air flying to and from among various destinations in the recent quarter.2
Using Data to Build Business Practice : Assignment_4

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