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Isys2056 Business Computing For The Assessment Answers

Describe the Business Computing For the Statistical Analysis.

Answer:

Introduction

The report aims at making an analysis of the effect of newly pursued strategies on profitability of a northern suburbs swim school ‘learn to swim’ in Melbourne. Regina who is a teacher of this swim school and looks after other aspect of the swim school such as accounts, booking, class schedule for the concerned centre. An increasing cause of concern was low profitability of the swim school. In order to improve the situation she has brought some changes there. The effect of such changes on the revenue of the swim school is discussed with statistical analysis.

Analysis

 Classes offered to the infants are children are of different types such as- Penguin, Starfish, Tadpole, Turtle, Frog, Seahorse, Stingray, Seal and Dolphin. Of which Penguin and Dolphin are newly added. Classes are scheduled in all the days in a week except Sunday. There are different timings of classes. Scheduled classes are available early in morning at 8.30 a.m. Classes are available until 6.30 p.m. In order to increase enrollment morning classes for Saturday are also opened up.  Excluding Regina there were six swim teachers. Rachael, an experienced swim teacher is appointed recently. One term contains classes of 10 weeks. Special discounts are offered subject to complete payment before commencement of the term. Now, Regina has designed term 3 booking with some changes made as discussed. Data is given on term 3 booking payment. The data are analyzed to view the scenario in the swim school.

In the first step of the analysis, student enrollment in different days of the week and different timing are tabulated to find the impact of newly introduced morning class on Saturday.

On Monday, at 10 a.m. shift there are only 2 students. Number of student in the same shift on Monday and Tuesday are 3 and 1 respectively. Recorded enrollment on Saturday morning is 14. Same trend is observed for class schedule in 10.30 a.m. and 11.00 a.m. Again, for class in 9.30 am Saturday records maximum number of enrollment. The morning classes in Saturday are more crowded than other days of the week. On Monday, maximum students enrolled in schedules between 4.00 p.m. to 5.30 p.m.  For Tuesday, maximum enrollment is for batches in 4.00 p.m. and 4.30 p.m. For Wednesday, Thursday and Friday more children are found in afternoon classes. Morning schedules are filled only for Saturday. This justifies Regina’s  decision of opening morning classes in Saturday.

Next, enrollment in different program are analyzed and given in the following table.

Number of children enrolled in Dolphin and Starfish is same and maximum. Both the class contains 64 children. Children in  Frog, Stingray and Tadpole are class types having students 42, 46 and 43 respectively. Lowest number recorded for Penguin with number of children being only 19.

The newly introduced class types are Dolphin and Penguin. Dolphin is successful in increasing enrollment. However, Penguin is not yet so popular as it records lowest enrollment.

As shown from the table Claire and Steven teach maximum children. Joana is next after Claire and Steven. Rachael who is newly appointed teacher records enrollment of 26 students. Rachael takes classes only in three days in week namely Tuesday, Thursday and Saturday. With maximum students in Rachael’s class is on Saturday. Rate of Rachael is high as compared to other instructor. This means Rachael is hired for mostly taking new morning classes on Saturday.

Claire has maximum classes on Thursday, Jamie is taking maximum class on Monday, for Joana maximum classes are scheduled on Monday; For Maryanne maximum scheduled class is on Saturday. Similarly, for other teachers also busiest days are obtained from the figure. For Saturday, three instructors are available. They are Maryanne, Rachael and Regina. Therefore, employment of new and experienced swim teacher Rachael helps to increase enrollment for Saturday morning classes.

Profitability of the swim school is reflected in total fund received from students in gel enrolled and makes payment for the term. Many of the students has made advanced payment and thus received benefit of discounts.  Highest revenue is generated from ‘starfish’ class. Dolphin class though newly introduced generates revenue of 10123.75 as many students joined the class. Other newly introduced class receives comparatively lower payment.

Conclusion

The report makes a cost benefit analysis for the ‘learn to swim’ school. In concern to a shortage of budget some Regina has brought some changes and the results are recorded in third term booking payment data. Starting of morning classes on Saturday successfully attracts many new students. Of the two new classes introduced Dolphin and Penguin, Dolphin records significant changes in terms of enrollment and payment received. A new experienced instructor Rachael is also hired for improving teaching program. The new instructor mostly takes class on Saturday. Therefore, the changes designed by Regina improve enrollment and revenue for the swim school.

Recommendation

Based on the findings from third term booking, planning should be made for designing next term. The morning classes on Saturday has increased student enrollment significantly. Therefore, more shifts can be opened for Saturday. In fact, classes can be offered on Sunday as well. Newly introduced class Penguin is not as successful as Dolphin. Attention should be given to increases students for the new class. Additional discounts or other benefits can be offered for students joining the concern class. More students should be allowed to train under Rachael. This will help to recover the additional payment made to the new instructor.


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