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Individual Data Analysis Report - Assignment Example
Author : frederik91
Finance & Accounting
Pages 12 (3012 words)
Finance and Accounting Name of the of the University Date Table of Contents Introduction 3 Preliminary Analysis 4 Frequencies of categorical variable 4 Descriptive statistics 6 Data Screening 7 Hypothesis testing 10 Techniques used 13 Statistical and non-statistical interpretation 13 Summary and Discussion 15 Recommendation 16 Appendix 19 Introduction This case is about Michael Jenkins who works as a sales representative in a restaurant and dreams of owning a restaurant business of his own…
Although he has enough knowledge needed to start such an upscale restaurant, he is unsure about the demand for such a restaurant in the city. The city had a population of nearly 500,000 but he could not provide any assurance regarding the taste or the income which would generate the demand for his restaurant. In such a situation, Michael requires to collect some additional information, on the basis of which he will succeed in promoting his restaurant properly and make the design, choices and price as per the preferable choice of the customers. In this context, the project aims to answer the questions raised by Michael and suggest him the most suitable way that he should choose to make his new business intervention profitable. ...
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