Question: I HAVE AN EXCEL SHEET FOR THE DATA. THE DATA IS GIVEN BELOW. GENDER PACK PRICE CART MADE 1 1 13.00 1 1 1 1

A market leading Australian manufacturer of sanitary products is keen to develop

 

I HAVE AN EXCEL SHEET FOR THE DATA.

THE DATA IS GIVEN BELOW.

GENDERPACKPRICECARTMADE
1113.0011
1110.5012
1112.0011
1112.0011
116.8012
117.0012
113.5013
1113.6011
1112.5012
1113.5011
1113.0011
1115.0021
1116.0021
1112.0022
1114.0021
1115.0021
1110.0022
1110.0022
116.5022
1110.0022
113.5023
114.0023
118.0022
119.0022
1112.9022
119.8032
1112.0032
118.0033
1112.0031
1111.0032
1110.5032
119.0032
118.5032
117.0032
122.3013
128.0012
121.9013
221.2013
226.5013
226.0012
123.5023
122.5023
127.0022
122.5023
121.3023
121.1023
122.3023
124.5023
122.0023
123.0023
123.0023
223.5023
222.9023
226.8022
227.9023
228.9022
223.0023
222.0023
228.0022
226.0023
122.5033
122.0033
126.0033
126.5033
123.5033
122.6033
229.5032
229.0032
121.9013
122.1013
122.0013
123.5013
123.5013
133.0013
132.9013
132.3013
231.5013
233.5013
133.2023
132.2023
131.9023
239.0023
131.9013

A market leading Australian manufacturer of sanitary products is keen to develop new products so that the company can expand into Asian markets. Its Research and Development department has prepared a proposal to work on a new product line of razor blades. Assume you work as a data analyst for this company and you have been asked to investigate the market for shaving products. You have been asked to study the characteristics of currently available razor blades so the company will be in a better position to price its proposed new product. You have collected data for 83 products on the market. The data is in the excel file, named 'Razors'. Column 1: GENDER 1 for Female product and 2 for Male product Column 2: PACK Number of blades in a packet, 1 for 5-pack and 2 for 10-pack Column 3: PRICE Price of the product in Australian dollars for a packet Column 4: CART Number of cartridge blades, 1 for twin, 2 for 3-blade and 3 for 5-blade Column 5: MADE 1 made in France, 2 made in USA, 3 other countries QUESTIONS 1. Calculate descriptive statistics and visually present data for the prices of male and female products. What conclusions can you draw from your analysis by commenting on the location, shape and variability of those distributions. 2. Calculate descriptive statistics and visually present data prices for twin, 3-blade and 5- blade cartridges. What conclusions can you draw from your analysis by commenting on the location, shape and variability of those distributions. 3. Calculate descriptive statistics and visually present data for different countries. What conclusions can you draw from your analysis by commenting on the location, shape and variability of those distributions.

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