Identify the different sources for primary and secondary data collection for the proposed study.

Identify the problem for the research Facelift Ltd need to conduct for the given business scenario i.e office furniture merchant diversifying into home furniture segments.
– Identify the different sources for primary and secondary data collection for the proposed study.
– Recommend how you should collect primary and secondary data.
– Your answer should be presented in a report format.
Task 1.2
– Provide the justification for each method you recommended for your research. Evaluate each method in line with the business context
Task 1.3
– Prepare a set of questions you need to ask to your target respondents in order to obtain data relevant to your research explained above.
– Use the nominal and rational scales as appropriate to design the questionnaires.
Task 2
Task 2.1
– Tabulate data in excel sheet so that you could use them to find out Mean, Median , Mode and analyse the results in the given business context.
Task 2.2
– Use the information from the table prepared above to calculate 1) Range 2) Semi-interquartile Range and 3) Standard Deviation
– Analyse the results to draw conclusions on the business performance and recommend the appropriate strategy for the Facelift Ltd to take the business ahead.
Task 2.3
– Calculate quartiles and percentiles and correlation coefficient from the given data and use the information so derived to make a conclusion of the sales of two products provided and recommend a business plan for the future.