Analysis of Climate Change Survey Data
Date: 12th May, 2020
To: Daisy Pearce, Manager, Public Relations, PM’s Office
From: AssignmentStudio.net
Subject: Analysis of Climate Change Survey Data
Dear Daisy,
On your first query regarding the overall summary of the willing individuals to pay monthly in order to have a net zero electricity bill which is sourced through renewable energy. The data reflected that the total number of individuals from which the data was extracted was 400, from which 25 individuals (6.25%) showed no interest in willingness to pay monthly. The data was analyzed by grouping of the monthly payment amount by $150, to have a group of 9 data set where the individual willing to pay the lowest amount was $2 and the highest being $1,349. The data further showed that from $2 to $150 showed the highest number of individuals willing to pay monthly, which is 51% of the complete data set. The monthly amount of $151 to $750 showed a total of 143 people willing to pay monthly. 751$ and above amount were only responded by 28 individuals which are around 7% of the whole data set. A total of 86.75% of people responded to the monthly payment in the range of $2 to 750. The data were also analyzed by genders, in total 212 females were part of the survey, out of the 25 individuals which showed no interest to pay monthly 15 of them were females, around 123 (58%) females responded that they are willing to pay as low as $2, wherein comparison males showed a minimum payment of $7 in response to the highest payment being $1,349 for males and $1,191 for females. 76% of the males were spread from $7 to $450 in monthly payments. Apart from gender preference, states have also been considered as a factor for individuals willing to pay monthly, to talk about the individuals which are not willing to pay in terms of monthly payment Tasmania the island state showed 15% of the responses as not willing, whereas the highest number were from New South Whales with 7 individuals. The responses of the Australian Capital Territory showed that all 15 individuals were willing to pay monthly. The individuals from the Northern Territory State were not willing to pay above $288. Individuals from only the state of New South Whales showed the willingness to pay above $1,000 as the monthly payment, all living in the urban area. The locality is also a factor to consider the payment mode for having zero electricity bill, though the majority of individuals were in the urban area around 76.25%, only 4.2% of the individuals in the rural area showed no interest in the monthly payment. 83% in the rural locality were willing to pay a maximum of $450 monthly whereas a similar percentage of individuals are willing to pay up to $700 for the monthly payment method. Lastly, the most important criteria are the income when it comes to feasible income on the willingness to pay monthly, 41.33% of individuals with income under $28,000 are willing to pay monthly, we can safely assume that the individuals having an income above $72,000 are 100% willing to adopt for the monthly payment method.
On your second query regarding the relationship of the concern of the individual regarding the climate change where are not concerned to extremely concerned, the analysis points towards the willingness to indulge into increasing monthly payments, an individual which is not concerned at all on the climate change is willing to pay a maximum of $430 as the monthly payment for the clean energy and zero electricity bill, whereas the slightly concerned individual is willing to pay $676 as the monthly payment for the clean energy and zero electricity bill, Individuals who are somewhat concerned are willing to pay 76% more which accumulates to $1,191 however it is to be noted that out of 159 individuals who are somewhat concerned only 2 individuals are willing to pay above $700 which can be summed up as the slightly concerned individual and somewhat concerned individual show similar trends. The individuals who are very concerned are around 142 where there is no outlier in the data shows the maximum willingness to pay around $$1,036 of monthly payment to obtain clean energy with zero electricity bill. Extremely concerned individuals which only represent 6.5% of the data set are all willing to pay at least above $150 and up to the highest monthly payment of $1,349. The data also showed that 6 individuals who are very concerned and 16 individuals who are somewhat concerned are not willing to pay monthly payments to obtain the clean source of energy, collectively they make up to 88% of the 25 people who are not willing to pay monthly to obtain the clean source of energy. This number may be alarming as they are moderately concerned but due to certain limitations are not willing to pay the monthly amount to obtain a clean source of energy. There is a relationship between the willingness for the monthly payment and increasing concern, also the trend shows that individuals are prepared to pay more as their concern rises.
On your third query regarding the average of the monthly payments of the willing individuals the 375 individuals who are willing to obtain a clean source of energy are prepared to spend $247 a month on average. The bifurcation of states reflects on a very dynamic number, where the individuals in Northern Territory are only willing to spend $80 and New South Whales has the highest average of $291 where individuals are willing to spend more on the clean energy. Further analysis showed that individuals living in urban cities are willing to pay more as compared to individuals living in rural areas. This bifurcation also pointed out that the state of Australian Capital Territory overall has the average of $162 due to its low numbers in urban areas which do not align with the data as the rural individuals are willing to pay an average of $247 and individuals in urban are willing to pay only $119, this scenario only occurs with Queensland state and Australia Capital Territory. In total the individuals in rural areas are willing to pay $213 and $258 for the urban area.
Furthermore, on your third query, you required to analyze that how many Australians who believe that Australia Government should financially support the developing countries in their effort to address climate change, there are a total of 241 Australians which is around 60.25% of the individuals studied in this analysis. The results may be further analyzed on the locality factor where one Tasmania states showed that 77% of the population analyzed agreed on the support from the government towards developing countries, however, the individuals in South Australia 21 out of 47 individuals do not think that government should support other countries which amount to 45%. This analysis requires to reflect on the satisfaction of the individuals towards government policies where at least 60% of the individuals are satisfied with the steps taken by the government and the policies that they have implemented towards the clean and reusable energy sources where 45% of the individuals suggest that the largest contributor of energy for Australia should be solar only 16% individuals coal and similarly for hydro plants. This is a clear indication of the preference of society. The global concern requires all nations to gather for this cause where the majority of the Australians feel that they have been impacted by climate change it is also their perception that developing countries are to be supported by the government as the majority of people are satisfied with the policies of the government.
On your fourth query regarding a claim by industry energy group claim that the numbers quoted by the newspaper are understated where they claim that only 25% Australians have either installed or have plans to install the solar panels. On analysis of the data set, it was concluded that the number is around 44% which accumulates both individuals who plan to install or have already installed the solar panel technology. This number is in line with the claims of the industry energy group and newspaper statistics were highly underrated amongst those 44% individuals 30% have already installed this figure alone surpasses the numbers stated in the newspaper.
In your fourth query, you further required to analyze the claim of the industry energy group where they stated that the willingness for an up-front payment to adopt the clean energy is at-least $21,500 this number was stated in claims by the newspaper which quoted that on average the up-front payment is less than $21,500. Upon the analysis of the data of 400 individuals it can be concluded that claims of the newspaper are in line, as the average is $20,388, this, however, was consistent throughout the states with Northern Territory going as low as $15,179 on average upfront payment to acquire the renewable energy. Further Analysis reflected that in total 64% are willing to pay in between $8175 and $21,500. Which seconds the claim stated by the newspaper. The data also revealed that the willingness to pay upfront goes as high as $74,800.
Your fifth query in respect to review the factors and its impact on the monthly payment to obtain zero electricity bills by switching to green energy. The factor age which ranges from 18-69 has a significantly weak correlation with monthly payments. The age factor does not provide any explanation of the willingness to pay monthly to obtain green energy. In the case of income it shows a strong positive correlation the higher the income the higher the number of monthly payments. The conclusion income has a strong positive impact on the monthly payment, this dependency can be further analyzed as the affordability of the person increases the willingness increases toward these technologies. This relationship was tested by isolating all the other factors which may possibly impact the monthly payments.
The response to your last query is that an estimated sample size of 856 individuals is required to meet both the conditions of awareness to be the portion of the population and keeping the average spending of the individual towards the monthly payment to be within $20. This number of the sample will help to gather implications from the population. It is essential for any analysis to set criteria for sample size rather than consider as guesswork.
The survey next year should have additional factors as the majority of Australians believe that the government is the most responsible for climate change and its impact. Climate change would have significant negative environmental consequences in the upcoming years, becoming increasingly likely. Addressing this dilemma provides politicians with a big obstacle. It’s not just a political issue of how we react to the challenges of global warming. It is also an economic and ethical issue. Majority Australians are affected by climate change and have shown serious concerns towards the rising issue, the analysis of these implications and perception will in developing effective policies for the betterment of the society.
Regards, Ellyse
