Statistics for Managerial Decisions - Assignment 2 Analysis Report

This assignment solution addresses several statistical problems relevant to managerial decisions. The first question analyzes the empirical performance of two stocks (RMD, FPH) using quarterly opening stock prices, stem-leaf plots, and market capitalization data. The analysis compares returns and risk (beta) to determine a superior investment. The second question examines weekly rent data, considering listings and amenities, and discusses the challenges of direct price comparison. Question 3 focuses on probability calculations related to agricultural choices in Australia, specifically canola, wheat, and barley, and identifies the most unreliable data. Question 4 involves probability calculations for rainfall, including no rainfall, rainfall frequency, and mean/standard deviation. Finally, Question 5 analyzes normality probability plots and interprets confidence intervals to identify variables differentiating between patients with and without heart disease. The assignment uses Excel for calculations where appropriate and provides detailed explanations of the statistical methods and interpretations.