# Analyse the data using tools for measures of dispersion

Unit 6 Business Decision Making - Statistical Method Assignment Help - Unit 6 Business Decision Making - Statistical Method – Level 5 Diploma in Business
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Program: Diploma in Business

Unit Name: Unit 6 Business Decision Making - Statistical Method

Level: Level 5

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Question 1 Create a plan for the collection of primary and secondary data for a given business problem?
Question 2 Present the survey methodology and sampling frame used?
Question 3 Develop a questionnaire for this research and justify its design?

Question 1 Summaries the data above using representative values (Mean, Median, and Mode) and analyse the results to produce information for decision making?
Question 2 Use of information collected to draw conclusions in a business context
Question 3 Analyse the data using tools for measures of dispersion (Range, Inter-quartile range, and Standard Deviation) to derive information for Office Furniture?
Question 4 Explain how quartiles, percentiles and the correlation coefficient can be used to draw useful conclusions for Office Furniture?

Question 1 With the aid of a spread sheet present your information on pie charts, line graphs, and bar graphs as appropriate and draw your conclusions to aid decision making for the diversification strategy?
Question 2 Trend line
Question 3 Business report

Question 1 Use information processing tools to manage inventory effectively?
Question 2 Using a network diagram, prepare a project plan on how you are going to implement the above system for Office Furniture and determine the critical path?
Question 3 Using the investment appraisal tools of NPV & IRR, you are required to propose the better MIS investment alternative to Office Furniture clearly justifying your proposed choice?

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