Please help with questions 1-6. I don't understand what they are asking.
SPRING 2020 MAR 4804/U03 (WED) Financial/Analytical Question #3: Note that there are conceptual issues in each of the 4 Financial Assignments. You should specifically identify any assumptions that you make and justify the decision(s) made. FAQ#3: BENEFICIAL HEALTH CLINIC The Beneficial Health Clinic is considering opening a clinic in a downtown area. It is anticipated that over 90% of patients will work within the 5 block area surrounding the Clinic. To assist in their decision top management has commissioned a study to assess the market potential of this densely populated workplace. The questionnaire included the following questions (among many others): i) Do you have a regular physician? ii) Would you use the/try the Clinic if necessary? Are you? a) Male b) Female. The data presented below have been obtained from a "representative" sample of employees in the 5 block radius of the Clinic. Table 1: Have regular physician? Would use/try CLINIC if necessary? Yes No Total Yes 58 198 256 No 130 14 144 Total 188 212 4001. Which variable is the causal factor (C)? Which variable is the effect (E)? Briefly explain your reasoning! {4) 2. Briefly explore the meaning of the data above there is no need to employ a formal (chi-square) statistical analysis but you should develop any analytics that you deem useful. What are the implications for target marketing? (4) Table 2 Sex Would useftry CLINIC if necessary? M F Total Yes 94 1 62 256 No Q E E Total 1 60 240 400 3. Again, which variable is the causal factor (C)? Which variable is the effect (E)? Briefly explain your reasoning! (4) 4. Briefly explore the meaning of the data above there is no need to employ a formal {chi-square) statistical analysis but you should develop any analytics that you deem useful. What are the implications for target marketing? (4) 5. Which independent variable (causal factor) is the stronger predictor of potential clinic patronage? Explain your choice. (4) 6. EXTRA CREDIT: given the above 3 variables what additional analysis would nd useful in targeting potential patients? {2 points}