Requirements
This assessment is a group assignment. The purpose of this assignment is to apply appropriate statistical technique/model to solve a business problem. The activities
involve developing hypotheses and using the correct statistical tests to answer a business problem.
Students are required to write a report to:
? comprehensively explains and critically analyses the relationship between the business issues and practice and solving using appropriate and accurate statistical
tests. It must also explains why the particular statistical test is used.
? correctly and critically evaluates, analyses, and discuss all models/options. Draw critical justified conclusions and present recommendations with supporting
evidences and implications.
Together with the report, each student is required to submit the EXCEL/Phstat models (may include multiple worksheets) to satisfy the requirements of the assignment.
Source: Derived from CHOICE 2003, ‘Are you being served: survey of supermarket prices’, July, pp. 8–12.
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