HI6007 Statistics Assignment: Analysis and Interpretation
VerifiedAdded on 2022/11/23
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Homework Assignment
AI Summary
This statistics assignment provides a comprehensive analysis of Australian export data, umbrella sales, and retail turnover per capita. It includes bar charts and pie charts to visualize export trends, highlighting the surge of China as a dominant destination and the stagnation of exports to New Zealand. The assignment further explores the relationship between umbrella sales and cumulative frequency, including the creation of histograms and ogives. Finally, it delves into time series analysis, examining the correlation and regression between retail turnover per capita and final consumption expenditure, with detailed calculations of the correlation coefficient, regression equation, coefficient of determination, and hypothesis testing to determine the significance of the relationship between the two variables. The analysis is supported by data tables and Excel outputs, providing insights into the predictive power of the model and the significance of the slope coefficient.
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