Holmes Institute HI6007 Statistics and Research Methods for Business

This assignment provides a comprehensive analysis of statistical concepts and techniques applied to business decision-making. It addresses three key questions. The first question involves analyzing CO2 emissions across top producer countries using stacked bar graphs to compare emissions in 2009 and 2013. The second question focuses on analyzing the time taken by assembly-line workers to complete vehicle assembly, utilizing frequency and relative frequency distributions, and ogive plots. The third question delves into the analysis of inflation and the All-Ordinaries Index in Australia, employing time-series plots, scatter plots, and regression analysis to explore the relationship between these economic indicators. The assignment includes calculations of the coefficient of correlation and the coefficient of determination, and tests the significance of the regression model, providing a detailed statistical examination of the data.