Using relevant Excel reports, describe and state the values of three location measures and three dispersion measures of monthly income of child and father in 2021
Question 1:
(a) Using relevant Excel reports, describe and state the values of three location measures and three dispersion measures of monthly income of child and father in 2021. (30 marks)
(b) Use relevant charts to describe monthly income of child and father in 2021 to aid Mr. Tan’s visualization of his hypothesis. (30 marks)
(c) Develop a summary report to address Mr. Tan’s hypothesis. You are expected to provide interpretation to numerical measures and charts in parts (a) and (b). You are not required to do any further inferential analysis, or report the numerical measures and charts again. The word limit is 300 words. Please indicate the word count at the end of your answer. (40 marks)
Marks awarded to your assignment are based on the following guidelines:
1. 80% of the marks are allocated to the content of your answers:
The marks awarded to what your answers cover depend on the extent to which they
cover the key points that correctly and comprehensively address each question.
The key points should be supported by evidence drawn from course materials and,
wherever relevant, from other credible sources.
2. 20% of the marks are allocated to the presentation of your answers:
Wherever applicable, the marks awarded to how your answers are presented depend
on the extent to which your answers:
form a sound reasoning by developing those key points in a clear, logical and succinct
manner;
provide proper and adequate in-text citations and referencing to content drawn from
course materials and other credible sources;
strictly follow APA formatting and style guidelines1, in particular for:
in-text citations and end-of-report references;
the identification of figures and tables;
use, wherever relevant, the specialised vocabulary and terminology commonly used in
discussions about the topic(s) covered by each question;
provide a reference or bibliography at the end of the main report;
include the less relevant details in an Appendix;
use sentence constructions that are grammatically and syntactically correct;
are free from spelling mistakes; present the workings, numerical formulations and
results in a logical manner that follows the APA formatting and style guidelines;
design and present graphs, diagrams and plots that follow the APA formatting and style
guidelines;
are highly original;
have proper formatting, which may:
include a properly formatted cover page;
respect the answer length/word count set out in the assignment guidelines, if
any is prescribed;
present answers in paragraphs with proper spacing and page margins;
include page numbers and appendices, if necessary.
1 You can find a short tutorial on the APA formatting and style guidelines here:
https://apastyle.apa.org/index.
Additional details (pertaining to tables and figures) can be found here: https://is.gd/O4vDdT.
Details of Assignment:
Submit ONE Written Report in MS Word Document format (inclusive of of Excel Outputs like Tables or Graphs)
Case Study:
The Global Social Mobility Report 2020 ranked Singapore 20th out of 82 countries studied.
After reading the report, Mr. Tan, a student at the Singapore University of Social Sciences, was
interested to estimate income mobility across generations in Singapore. He surveyed a random
sample of 120 students from the Singapore University of Social Sciences, and collected data
on monthly income of their father and their oldest sibling who is currently working in 2021.
He managed to get 72 pairs of income data, which are given in the Excel data file
“BUS105_mobility”. Based on his observation, he hypothesized that rich children have rich
fathers.
Source:
https://www.weforum.org/reports/global-social-mobility-index-2020-why-economies-benefit-
from-fixing-inequality/
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