HI6007 Statistics and Research Methods Assignment T1 2019

This statistics assignment, completed for HI6007 Statistics and Research Methods for Business Decision Making, analyzes Australian exports and sales data using various statistical techniques. The assignment begins with comparing Australian exports in 2004-05 and 2014-15, broken down by country, using graphical methods and interpreting the results. It then delves into the analysis of umbrella sales data, constructing frequency, relative frequency, cumulative frequency, and cumulative relative frequency distributions, along with histograms and ogives. Furthermore, the assignment examines the relationship between final consumption expenditure and retail turnover per capita, employing graphical descriptive measures, calculating correlation coefficients, and estimating a simple linear regression model. The analysis includes interpreting coefficients, determining the coefficient of determination, and testing the significance of the relationship between the variables. The assignment concludes with an assessment of the model's fitness based on the standard error of the estimate.