Statistics For Business Decisions Assignment


Three group of researchers would like to seek your help to determine the methods of data collection and methods of sampling for the following statistical analysis. Propose the suitable method of data collection and method of sampling for each of the following with sufficient justification why you recommend your selection, over other possible methods.

a. Analyse the voting intention of Australian voters for upcoming election.

b. Investigation of reasons for not Big 4 banks (NAB, ANZ, CBA and WBC) passing on the full interest cuts introduced by reserve bank of Australia to its borrowers.

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c. Understand the demographic profile of the community living in Hume city council, Melbourne

d. Examine opinions from adults on legalising marijuana use in Australia.

e. Estimation of the average age of children in city of Melbourne.

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