LEARNER'S MODUD of the Student Sectio STUDENT PLAYSHOP Assessment #1 ype of Assessment: Written Work Target MELCS: * Analyze the data obtained from the investigation Date of Submission: Anril n BORR

Q: How can startbucks company use multiple regression? Please provide an example and identify dependent…

A: Here, I would state how a company like Starbucks could use multiple regression, I would also include…

Q: Give a theoretical view of data analysis.

A: Before taking any decision a company collects various information as per the required situation. The…

Q: explain the importance of sampling in the business research studies.

A: Sampling enables researchers to collect data from a smaller subset of a larger population, sampling…

Q: puterised statistical processe

A: Traditionally producers have well-known that each product has to have tolerance limits due to the…

Q: Qualitative methods of forecasting does not include: consumer market survey jury of executive…

A: Forecasting is the prediction of future demands of the goods and in accordance with which the…

Q: d) What is the slope (b) of the least squares trend line for these data?

A: The concept of Operation Management: Operation management is the management that applies to a…

Q: Explain the difference between tabular and hypothetical data analysis.

A: Data analysis is an essential component of scientific research and decision-making processes. It…

Q: Evaluate the survey method used in the study and what are your suggestions

A: In above given case study the survey method used is an Interview survey method. INTERVIEW SURVEY…

Q: How is general problem related to specific problems? (About research paper)

A: After you've decided on a subject for your academic article, you should formulate it all as a…

Q: How do you explain descriptive statistics in business research?

A: Descriptive statistics is a branch of statistics that deals with analysis and interpretation of…

Q: What are 3 examples of factors that can affect the robustness of an analytical method?

A: Analytical methods can be defined as the tools, techniques, process and procedures which aids in…

Q: Define business analytics (BA)

A: Business Analytics (BA) is defined as the study of data and the statistical and operations analysis,…

Q: Define statistical database.

A: Statistical research is used extensively in organizations so that past performance can be used to…

Q: An ethical statistical consultant would not always

A: Ethical statistical practices are the set of guidelines and principles that govern the proper…

Q: list 5 types of quantitative data analysis methods, pros and cons of each method

A: A collection of statistical and mathematical approaches used to examine and interpret numerical data…

Q: Define Multiple Regression Analysis?

A: Multiple regression analysis is also known as multiple linear regression (MLR) is a statistical…

Q: Describe a data collection challenge that needs to be addressed in any study

A: Data Collection is an important part of any research study and the researchers should be careful in…

Q: Identify the different types of surveymethods.

A: Research is the most important activity in any field. It has the humanity to understand better about…

Q: What are the seven steps taken in forecasting system?

A: Forecasting: Forecasting is the process of accurately estimating demand for future production…

Q: Differentiate between Regression and Correlation Analysis?

A: The differences between correlation analysis and regression analysis is given below: Correlation…

Q: describe four measurement scales used in business research.

A: Business research is a practical study about the data of the business that has to be studied…

Q: Discuss how the advantages of using simple regression could benefit the organization

A: Organization enables the most effective use of resources. It not only aids in the proper assignment…

Q: What is the benefit of using strategic alignment model (SAM ) in studies??

A: Strategic alignment can be characterized as the art and science of defining, coordinating, and…

Q: List two (2) advantages and Two (2) disadvantages of the Observation Method of datacollection.

A: The Observation Method of data collection involves directly observing subjects in their natural…

Q: Use practical examples to distinguish between a cross-sectional survey and a longitudinal survey

A: Cross sectional study refers to a study wherein the data is collected as a whole in order to…

Q: Identify and discuss the advantages and disadvantages of using existing data for secondary data…

A: Secondary data analysis using existing data which is already available in the record can be defined…

Q: Different types of rating scale which can be used in research?

A: Rating scale refers to a method in which necessary data is collected related to a specific subject.…

Q: Describe the Analysis of Variables?

A: Introduction of sensitivity analysis The kind of changes that occurs in the Coefficients of a…

Q: Describe the strengths and weaknesses of quantitative vs. qualitative methods in data analysis.

A: Quantitative and qualitative methods in data analysis each have their strengths and weaknesses, and…

Q: Use quantitative methods for the data shown below: Period 1 2 3 4 5 6 7 Observation 24 34…

A: Given data: Period Observation 1 24 2 34 3 36 4 37 5 41 6 44 7 45

Q: Develop a problem statement and deduce a research objective for survey that was conducted by a…

A: A school canteen plays a vital role in promoting healthy foods and creating a culture of healthy…

Q: Write Comments on the Use of Linear Regression Analysis?

A: Linear regression analysis is said to be a statistical method that helps to summarize the…

Q: Explain the term data analysis and give Two real life examples of using it .

A: The research process is comprised of several steps among which analysis of data is one of them.…

Q: Explain 4 methods of judgmental technique in forecasting

A: There several methods used for forecasting in business. Business is full of risk and uncertainty. To…

Q: List and describe the stages involved in data analysis.

A: Below mentioned are the various importance of data analysis: 1. The first importance of data…

Q: disadvantages and advantages of Regression analysis technique?

A: Regression analysis is a technique used to estimate the relationship between different variables.