Assessment Tasks: PART A

• Find a reliable source of raw statistical data recently published in

  Yahoo finance

  Government sources

  ABS

  RBA

  International organizations

  WB

  IMF

  OECD

• Rearrange the data into standard form

  Variable name in first row

  Observation in each row

  No restriction on the number of observation

  Minimum 2 variables and maximum 4 variables for data

• Use graphical methods

  Choose appropriate graphs (for examplehistogram for single numerical variable and bar chart / pie chart for categorical data)

  Multiple bar chart

  Histogram

  Bar chart

  Pie chart

• Create/calculate some statistical measures

  Prepare a table with some key summary statistic

  Provide discussion on these statistics

  Central tendency: Mean, Median, Mode

  Variation: Std, Q1, Q3, IQR ...

  Shape of the distribution (e.g. left skewed, symmetrical or right skewed)

  Probability and proportions for categorical data

  An executive summary, is a brief outline of main findings, points of analysis, and most important, solutions.