Analysis of data using measures of dispersion

Unit 6 Business Decision Making - WM Morrison Assignment Help - Unit 6 Business Decision Making - WM Morrison - Level 5 Diploma in Business
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Program: Diploma in Business

Unit Name: Unit 6 Business Decision Making - WM Morrison

Level: Level 5

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Task 1
Question 1 Plan for collection of primary and secondary data
Question 2 Survey methodology and sampling frame used for survey
Question 3 designing of a questionnaire

Task 2
Question 1 Creation of information for decision making by summarising data using the representative values
Question 2 Analysis of results to draw valid conclusions
Question 3 Analysis of data using measures of dispersion
Question 4 Explanation of how quartiles, percentiles and correlation coefficient are used to draw valid conclusions

Task 3
Question 1 Producing graphs using spreadsheets and drawing useful conclusions
Question 2 creating trend lines for assisting in forecasting sales revenue
Question 3 Business presentation to disseminate information effectively
Question 4 Formal Business Report

Task 4
Question 1 Information processing tools for operational, tactical and strategic decision making
Question 2 Plan for activity and determination of critical path
Question 3 Financial tools for decision making

Unit 6 Business Decision Making is an important module in the Level 5 Diploma in Business qualification. It covers the key concepts and theories of business decision making, as well as the practical skills required to make effective decisions in a business context.

The Unit 6 Business Decision Making assignment is a challenging task that requires students to apply their knowledge and skills to a real-world business scenario. Students are typically asked to identify and analyze a business problem, develop and assess a range of possible solutions, and make a recommendation for the best course of action.

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