BUS501 – Business Analytics and Statistics Research Report
Task instructions:
- Ensure the dataset is appropriately scaled (each measure in SPSS must be set correctly). Report on what you changed.
- Produce descriptive statistics (see lecture 1) for the most appropriate variables to give an overview of how the business and its products are performing
- Use the statistical analyses you have learned to answer all of the questions below
As guide – answer these main research questions:
- What are the top/worst selling products in terms of sales?
- Is there a difference in payments methods?
- Are the differences in sales performance based on where the product is located in the shop? How does this effect both profits and revenue?
- Is there a difference in sales and gross profits between different months of the year?
- Are their differences in sales performance between different seasons?
- How does this relate to rainfall and profits?
Report structure:
- Cover page/Title Page – Name, student number, tutor information, word count
- Table of contents (could also include a list of figures / diagrams / tables)
- Introduction (2 marks) – Introduce the business and its problems (see website link above for more information)
- Problem definition and business intelligence required (2 marks) – Outline the research questions and list what analytics methods you have chosen to answer each one and why
- Visualise the descriptive statistics (5 marks) – using what you have learned show the relevant descriptive statistics through data visualization/ graphical displays (Tables, graphs, pie charts etc.).
- Results of the selected analytics methods and technical analysis (20 marks) – use each research question as a heading then present the analysis findings and explain them. Higher marks for including extra research questions not defined here and creating nice tables/displays opposed to copy and pasting directly from SPSS output.
- Discussion of the results and recommendations (5 marks) – Based on the analyses what conclusions about the business can be summarized/drawn and what recommendations can be offered to the CEO.
- References – list of references in either Harvard or APA formatting (you must reference the business website – include other references in your answers)
Font size 12 Times New roman, double spacing, word count 1,500-2,000. Note. The word count does not include headings, tables, graphs/figures or the reference list.
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