Interpret statistical results and communicate their statistical analysis in business reports

a) Examine the statistical techniques for thequantitative evaluation of data in decision makingfor accounting, finance and business applications.b) Identify and apply appropriate statisticaltechniques to the problems and challenges.c) Students will develop analytical and statisticalskills through Excel data analysis to manipulatedata into meaningful information for the purposeof decision making.Objectives:• To more broadly understand the statistical literacy for decision making.• Interpret statistical results and communicate their statistical analysis in business reports.Instructions:This individual assignment requires you to apply statistical knowledge and skills learned fromSTAT6003 lectures between week 9, 10 and 11.• You will specify a regression model for this assignment. This model can be based on atheory, several theories, your experience, and/or ideas.• Please use Excel for statistical analysis in this assignment. Relevant Excel statistical outputmust be properly analysed and interpreted.