Descriptive Statistics

Provide you a learning experience of working in a team with random people. This will
be a real-life experience to be expected when you graduate and start working – you do not get to choose
who you work with. Please keep your mind open, as you may also make new friends with this project.
Working as a team, please keep the following in mind:
• Team members should meet to make sure the project moves with progress.
• Before your FIRST meeting, all team members are expected to read the assignment and look
through the dataset.
• Upon completion, team members will evaluate the contributions of each member to the group
effort. The evaluations will be confidential.
You will apply what you have learned in this course to a real-world data problem. All teams will work on
the same business case. The goal is to understand the problem domain and the data available to provide
insight on analytical results. You will explore how best to use business analytics methods to transform data
into business decisions and communicate of the results and insights from the analysis. You will use the
techniques you learn in the following sections in the textbook:
• Chapter 1: Introduction
• Chapter 2: Descriptive Statistics
• Chapter 3: Data Visualization
• Section 8.4: Using Regression Analysis for Forecasting
• Section 10.3: Some Useful Excel Functions for Modeling