University Business Statistics Assignment 1: Data Analysis Report

This assignment solution for a Business Statistics course (BUGEN1502) provides a comprehensive analysis of weekly rental costs data. It begins with frequency distributions, bar charts, and pie charts illustrating rent intervals. The solution then presents a histogram to visualize the distribution of weekly rents, followed by descriptive statistics including mean, median, mode, standard deviation, and other measures. The analysis identifies and addresses outliers using Z-scores, comparing data analysis with and without these outliers. Finally, the assignment examines the frequency of properties in different locations ('near' and 'other') using frequency polygons to compare distributions. The solution includes tables, figures, and detailed interpretations throughout.