Question: 1. Find a secondary data to work on. It could be from online resources or from previous researches or studies. 2. Write a brief
1. Find a secondary data to work on. It could be from online resources or from previous researches or studies. 2. Write a brief introduction or description of the chosen data. 3. Include the raw data in the submission of your output indicating the source. 4. Formulate objective that will fit the data set. 5. Decide on the appropriate statistical tool to be used from tools that we have already discussed. 6. Apply diagnostic checking to determine if the data set will satisfy the assumptions of your chosen statistical tool.(such as normality, sample size, etc.) 7. Apply the 6-step hypothesis testing. 8. Show all the necessary steps/calculation/computation in case you do it manually. 9. Write the interpretation or implication of your analysis. 10. Use the word format for your output then convert to pdf before uploading in the dropbox 11. You may use excel or JASP software.
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The objective of the research is to know the impact of crude oil prices and exchange rate on the Wholesale Price Index of the products Below is the data were taken Months Wholesale Price Index Variabl... View full answer
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