Question: Task 2: Using the numerical analysis in the dataset provided (refer to the Numerical Analysis tab), discuss if there is a difference between the mean

Task 2: Using the numerical analysis in the dataset provided (refer to the Numerical Analysis tab), discuss if there is a difference between the mean ethical score rated by customers who purchased verified diamonds and those who purchased unverified diamonds. Specifically: (a) Justify the analysis approach used. (b) Interpret the results of your analysis. (c) Advise the FD on what the results mean for Louis Edgar. Task 3: Prepare and interpret the results of a numerical analysis to determine if there is a potential relationship between Louis Edgars ethical score and the following: (a) Total Sales (b) Gross Profit Margin (c) Satisfaction Score (d) Brand Loyalty Include the results of your analysis in your response (for example, in a table). Task 4: Using the summary statistics in the dataset provided (refer to the Summary Statistics tab), analyse the performance of the verified diamonds category relative to Louis Edgars overall performance. Task 5: Using Appendix 1, identify and explain one (1) feasible automation solution that could be implemented to improve each of the identified problems in Tech-Traces data integration process. (a) Participants are concerned with the privacy and complexity of data stored on the blockchain. (b) The distributed ledger function requires a network connection. (c) Photos of diamonds are manually matched to products. (d) The data volumes on the blockchain are large and frequently overwhelm Louis Edgars systems. Task 6: Assume that Louis Edgar has chosen to implement Tech-Trace, then complete the following: (a) Identify and explain two (2) technology-related risks associated with adoption and ongoing operations. (b) For each of the two technology related risks in Task 6(a), identify one (1) control to mitigate the risk. (c) Identify and explain the impact of two (2) environmental, social and governance (ESG) risks that may impact Louis Edgar's operations following the implementation. Task 7: Using your analysis from tasks 16, evaluate the viability of using the Tech-Trace software and recommend whether Louis Edgar should participate in implementing the solution

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