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STAT 6003 Statistics For Financial Decisions

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Question:

You are required to apply your knowledge and draw links between the scenario and the learning resources. In your answers, reflect upon and analyse issues of the key discussion points of the module. Your answers should also effectively communicate and demonstrate that key concepts have been reviewed and that you can apply these concepts to the problems posted.

The board of Schmeckt Gut is interested in opening 5 new stores in each of the countries of Nockaragua, Macronesia and Industria.The board is interested in your opinion in which districts in each country those stores should be opened.The research department of Schmeckt Gut has provided the following sales figures which are to assist you in your decision making process.

In more detail, you are asked to provide the board with a performance comparison analysis of the districts within each country (comparison of the districts within each country) and the countries (comparison of the countries) by using appropriate tools and concepts that have been introduced to you The board would like you to investigate if there is a relationship between prices and sales figures in each country You should provide a visualization to discuss your findings.

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