Purpose:This assignment aims at Understand various qualitative and quantitative

Purpose:This assignment aims at Understand various qualitative and quantitative research methodologies andtechniques, and other general purposes are:1. Explain how statistical techniques can solve business problems2. Identify and evaluate valid statistical techniques in a given scenario to solve business problems3. Explain and justify the results of a statistical analysis in the context of critical reasoning for a businessproblem solving4. Apply statistical knowledge to summarize data graphically and statistically, either manually or via acomputer package5. Justify and interpret statistical/analytical scenarios that best fits business solutionAssignment Structure should be as the following:This is an applied assignment. Students have to show that they understand the principles and techniquestaught in this course. Therefore students are expected to show all the workings, and all problems must becompleted in the format taught in class, the lecture notes or prescribed text book. Any problems not donein the prescribed format will not be marked, regardless of the ultimate correctness of the answer.(Note: The questions and the necessary data are provided under “Assignment and Due date” in theBlackboard.)

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