LSME003: Numeracy and ICT Skills in Research Assignment Analysis

This essay delves into the application of Information and Communications Technology (ICT) and numeracy skills in business research, particularly focusing on a study concerning stress in the United Kingdom. The research utilizes data from YouGov, analyzing the responses of 4,619 participants to assess stress levels and related behavioral and mental effects. The essay explores the use of ICT methods, such as mean, median, mode, and range, to analyze the provided data. It highlights age differences, behavioral effects (like changes in eating habits and substance use), and the impact of financial and family hardships on stress levels. The numerical techniques are applied to data from 2016 to 2020, showing trends in mean, standard error, median, mode, standard deviation, and other statistical measures. The conclusion emphasizes that financial concerns are a major source of stress, with students and young adults being particularly vulnerable, offering recommendations to address these issues.