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COURSE Business Statistics MODE ꙱ Open books

SECTION DURATION
SEMESTER 3 DATE 09/05/2024-14/05/2024

GENERAL REQUIREMENTS
Choose the dataset as per your group and analyze the data in Excel as instructed

This instrument assesses the following intended course learning outcomes

ASSESSED CLO RELATED QUESTIONS SCORE MARK

Apply descriptive statistics for summarizing data using Microsoft Excel.
Q1 5

Use computer software and visualization techniques to organize and

Q2 3
represent.
Analyze the relation between the attributes using computerized linear
Q3 7
Regressions.

TOTAL 15

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 Project- Business Statistics

Group 1: Car 1 dataset

Group 2: Boston Data

Group 3: data_concrete

Group 4: Gross Saving Reg data

Choose one dataset as per your group for the analysis. The file contains 6-7 attributes or features.
Using the data, you have to do below analysis

1. Apply the summarizing statistics on any two independent variable- mean, median, quartile, quartile
deviation, skewness and interpret the results for each statistics for all the variables --------------(5 )

2. Use the excel visualization technique and plot some meaningful graphs and interpret the same------(3)

3. Analyze the relation between the variables by measuring the correlation between the variables. Apply
simple linear regression and find the best variable that would predict the dependent variable. Interpret
the regression result and regression equation for the best fit line-----------------------------------(7)