Assignment Task
Introduction
The purpose of this assignment is to give you some experience of using descriptive statistical methods to analyse and compare several groups of data, and to write your results in a fluent readable report.
What you are required to do
Working individually, you are required to analyse the returns from several groups of investment types. Assume that each observation represents the value of an investment after one year based on an original investment of $1000. Your data will be generated randomly, and you will be required to analyse the performance of between 4 and 8 different groups. You are not required to use financial modelling or accounting techniques; just assume that you are just required to analyse the one-year performance of each group and recommend the best investment type based on evidence from the data.
Compare the groups of data using a variety of descriptive statistical techniques covered in lectures and to write a report containing your findings along with an interpretation of your results. Some relevant points are:
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Get Help Now!-Each student will use a different data set. Each student will generate their own data using the Windows application ‘StudentData2021.exe’. Download the program from Moodle; enter your student number as the key to generate your data. The first column of the data indicates the investment group and the second column represents the value of an investment (Note: If you are a Mac user or, for some reason you’re not able to download your data set, please reach out to any of the teaching team immediately.)
-Perform a descriptive data analysis and calculate statistics using any preferred technique, i.e., you may calculate statistics by hand, or by using SYSTAT or Excel.
-When writing about the data, you should comment on the shape of the distribution of each group, key statistics, unusual observations and anything else that is relevant. You should also comment on the significance of your observations about the data.
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