3 > ~e_UVvVe se wee INSTITUTE OF MANAGEMENT TECHNOLOGY, GHAZIABAD (3% -P-GePy. Cpepr— ‘Time: 2:30 hours Note: = Allque: + Statis PGDM I" Year (Term 1), 2012 End-Term Examination BUSINESS STATISTICS Itis a closed book and closed notes examination ns are compulsory Marks are exhibited against each question i Marks will be deducted for illegible handwriting | tables have been provided for your use parenthesis D* G. Ptlhore? DE PL. een {2 BS Total Marks: 60 Questi wf world atéording t table below shows the companies with the largest oil refining capacity in the 10 the Petroleum Intelligence Weekly. ‘Company. Barrels (Barrels per day in 1,000s) [ExxonMobil ___—it 6300 _| Royal Dutch/Shell 3791 _| China Petro. 2867, i Petroleos de Venezuela 2437 ‘Saudi Arabian Oil 1970 BP Amoco. 1965 _| ‘Chevron ae 1661 Petrobras. 1540 Texaco 1532 | Petroleos Mexicanos 1520 National Iranian Oi 1092 | The above data was analyzed in SPSS and the output is being provided for your reference. Using the SPSS output answer the following questions given below. Descriptive Statistic = Siac [Sid Ear CAPACITY [isan cae 2425065 | 4.498088 95% Confidence Tncnal [ Lower Bound La22863 fox Mean Upper Bound BANE Ss Trimmed Mean 2283863 ‘Median a 1.965063 ey 2.22666 . He 1.49 184E3 —_| ‘Minimum 67.6 Maximum 6300.00 “Range 5208.00 4 interquaile Range — of arss500) Skewness 2099, Kuo tatcoat ie fer as a A Compare the several measures of central tendency and state which you prefé measure of location for thesedata and why? (1 Mark) 4) Explain empirical rule. (1 Mark) ra Value.of standard deviation in the context of the problem. (1 Mark) y What percentages of observations lie between +20? (1 Mark) C9/Commen on the Skewness and Kurtosis of the distribution. (1 Mark) when 2. Ina toy manufacturing company. three machines namely. A, B and C, are employed to manufacturing toys. Machines A, B, and C manufacture 20%, 30%, and 50% of the toys, respectively. A quality control officer examined the machines and found that A, B, and C produce 2%, 3% and 5% defectives of the total output. A toy s selected at random and is found to be defective. What are the probabilities that this toy came from machine A, B, and C, respectively. (8 Marks) : hon 3. Sindh Travéllers determined that the distance travelled per bus on an annual fasis is normally distributed with men of 40,000 km and standard deviation of 10,000 km. Calculate the following: (8 Marks) B (2) What proportion of buses can be expected to travel between 25.000 km er-sere-than 35,000 km in a year? (b) Calculatg the probability that raridomly selected: bus travels between 25.000 km or beliven 180,000 km ina year? . (6) What proportion of buses can be expected to travel either less than 25,000 km or more than 50,000 km in a year? (€) How many buses are expected to travel between 25,000 km and 50,000 km in a year? Mark Seen 4. A researcher has taken @ random sample of 150 from a population. "50 members f the-sample process certain characteristics of interest, On the basis of this information. alculate the following. (9 Marks) 1) Construct a 90% confidence interval, 2) Construct 95 % confidence interval level” 3) Also determine 99% confidence imerval, Explain the results Paqe-{2—Jv dvs a uo YHUIUDY IU 2 Question 5. The purchasing director foran industial parts factory is investigating the possibility of he determines that the new machine will be bought if there is evidence that the parts produced have a higher mean breaking strength than those from the okt machine, The population standaid deviatior’ of the breaking strength for the old machine is 10 Kilograms and for the new machine is 9 kilograms, A sample of 100 ‘parts taken from the old machine inticates can of 65 kilograms and a similar sample of 100 from the new machine indicates a sample mean of 72 kilog: 0.01 level of significance, is there evidence that the ine? (10 Marks) chasing a new type of milling, machin sample 8. Us livector should buy the new 4 purchasing Question 6, A leading oil company claims that its verify this claim, the company’s Brand A is compared w The data of the survey consists of the kilometer per liter cons highway travel, and are as follows: ine oi improves its engine efficiency. To h three other competing brands B, C, and D. mption for a combination of city and A 8 c b i fe mM 23 x . 2 [39 26 2? - alas 2M 25 [a0 0 18 The data were subjected io SPSS for analysis, and the following output was obtained of Homogeneity of Variances Kitometoe per liter consumption Levene Statistic | tt ar sie. : 4.024] 5) 2 oo ANOVA, uformctor por ise consti - ‘ Somorsquaces | pF MemSquare | ov [sip Between Groups | 325.688 M tos 562 6.066 009 Within Groups 214750 2 17896 Font saosis | as cL Multiple Comparisons Kitometce per Fiter eonsunption Pukey SD (0) Beard of Engine ot Mean Ditterence wy Sta Contilenee Interval Lower Dowd | Upper Bound brand n aor ens] on wit 1s vo sonar} 2m wef a0 19 1 2s000] 299131] ony 26a] 20109 rend soo] 29131] on] azswnl tani 150000] 2.991M) 057] “7 38009) | T3010] 3 a3 af Vb fage-faoi] -19.3809 ony 198 $4 10.3809] oq] 8.1300] 20.1304 013] arf 10.130 opi 9.6300) 7 Esrablsh suitable hypotheses for testing the claim ofthe company. ( 2 Marks) e te various assumptions for ANOVA, and test whether population variances are y homegencous. (4 Marks) © Interpret ANOVA table. (2 Marks) ¢ comparisons table. Can you conclude that the company's Brand ner Brands? ( 2 Marks) spetior to 01 sf Excel is the popular laundry ‘detergent in India It is manufactured by Jer to manage its inventory more effectively and make revenue has gathered data conceming demand for Surf Excel over the last 2a Unilever. In 0 teticns. the compen; ales periods (each sales period is defined to be a four-week period.) decnand deta are presented below for each sales period. =the demand for the 1kg of Surf Excel in the sales period y= the price in rupee as offered by the manufacturer in the sales period. industry price in rupee of competitors” detergent in the sales period. (00.000) to promote Surf pe aver 2% = company’s advertising expenditure in Lakhs (1 Lakh Excel in the sales period. sabre | AdvExp | Demand Price J Indfrice | AdvExp | Demand x ¥ Xs x % ¥ 338 a7} 90 | 34s] 98 $51 7s | 205] 340 | 8.99 957 190 | 205 | 340 | 8.87 730 185 | 20] 335} 9.26 933, 190, 215, 350. 9.00 | 228 185 [205 8.75 838 wo} 873 7295 7 90] 1875 765 71g = 187.5 182.5 7.27 300 vas | — iss 3.00 759 i775 [1925 | 350 | 8.30 sis_| [0 [905 [309s | 919 182.5 2125, 340 9.21 735 18s [125 [335 “ga 336 iar [vars [873 [tar Ragetey| I } price fon Sr wlusty price Fire te | remsonconettion PO om | Sig @ tated 681 iN 30 30 a Pestson Correlation O78 1 intistty — | sig. @ tare) 681 eaeoaee pee N 30 average | Pearson Conelation 469 eaperstitone | Sig. Qutaited) 009 N x0 Jdsmant | Pearson Coetation 409 | Sig. tavled) 009 N 30 joel Su Nolet ® R Square] Adjusted R Square ’ ows 4 381 ANOVA" e a Move ait] Bean Square sa 1] Regression 0 3 {4009 00g Residual Lan} 36 Toual 13.459 | 29° 2 coumaast| f Model Unstandardized __ Coefficients | Standardized — Coefficients t Sig, ‘Beta 3.104 | -005 | : eon a | 3.696 001 | iehistiy fl 006 si 3.439 [000 expenditure 003 3.981 [000 | a. Dependent Variable: demand fe Answer the following questions based on the computer generated output, assuming a linear model. (Marks 10) . (i) Mention all assumptions of Regres (ii) How much vaniation is being explained by the independent variables? (iii) ‘Test the overall validity of the model. Also. Test the significance of the independent ables? Do you suggest any change in the model? Explain. (iv) Forecast the demand for Surf Excel when the industry price will be 257.50 INR. advertisin for Surf Excel will be 400 lakh and the competitor's price will be 300 INR, Show your calculation, (\)__Istheve any evidence of multicollinearity? Present statistical justification, a. pl expendit Ha en eee feetJANET CUMULATIVE PROB ABIEHHIES KOK HIE SJARDAKY KOKIAL | Dis TRIN TION oO Pedabhity valative S svete ' eo : o 1 om 40 yaya ey eons dois ay oO in 87 asa ’ Toes ay ? Soe? amo wy 34 oe? ca awe 24 om? ont ora 22 ond one 2 ans aon do a2 an 190 owe am ot aM buy one ony Tease ayn ase Vy ees aay abut 14088 09) one Ty oes oto Pur oo Heiss HO ass? ser asia ° rc) s 20) 26 ? 299 Disa 5 woo sons 4 Ay eae Yat evs 2 a) tins a9 tomar asaya ” oon on eo.) on ots v1 any oy ony oles ona nos ON6 ous ote oo 104 ons wn be bp 12 20 ur 2 man sie, Wor 40%) us 0 p on one oy on on ous ole on bn ony own 05 onus or) wou tol bn wn Ws amy 2% ott Ms ro) wo m2 wi ay Wotsieg the (ale ve te wes vides Ue Leth of te J value Pon example, tor 1-85, dhe c unwbain oabipiy IVT ely Hwy HO HIS wis Ww ay guy m0 90 we arty OD 0) 88 yyy WA 2D ky gs WON eae, OY yet O29 oda ons Otomo ie 90) vit oye vee pins 950 Hy aay CR O01 09 ok 05 oer 0 ORAS Hass 006 Wed apy Oy OH oe wk ones O88) 0) 08S ese tees W056 108 ty asaya WM a9 ws a WY 108 tat ery Wanye Nh 26 2 oye DT Nes pat a vol WI yg YO sr ty yas Cr a Wot AS aay azar Aol AnanyaMyerdet hes a9 WUE CUNAULATIVE PROBABILITIES FOR THE STANDARD NORMAL SASTRIBUTION (Continued) : ane Entries in the table ive the area under the curve to the left of the zvalue. For example, for z= 1.25, the cumulative probability is 944, Wh IA) Hi 5120 5160 5199 5239-5279 5319-5359 Se AR SH SAT 55597 5596 5636, 5675 “s7i4 5753, 5 A SEN 5910 548 5987 6026 “6064 “6103 eit AN) AUNT 6255 GTB 6368 6406 64364806517 UA Ml “ih 8S 6m 6738 62 “6808 “6844 ¢a79 ga 4 2 4 4 2 BIS Mi HS 7019 054° 7088 27123 3157 190-7204 4 ma me TM 7351 39 sar sas4 7486517 1549 2 tO Ten 163 7m ne 194 3823 ase & TAL BNO 799 7967 7995 ‘003. ‘8051 “tome ‘aioe 8133 9 MD Bi 322 4238 me a2 e315 ‘ex49 “sigs 8389 2 NY ah Bast B85 8508 853185548577 8599 8621 1 a mis 08s 3B 39 HD's '899 8810 8930 12-50 Bh st 3907 ms 2044 962 “s000 8997 9015 iL 22 Wa Hh 92 999 95 iM “Shay 9162 9177 4 an sm 92 9736 1 9265 9099 g299 9305 9319 WA ee ee 9429 9441 jG M2 6s 9m $44 905 9505 “o515 ass 9535 9545 ee ee ee Hs es ek 9625 9633 1, Sal we 9655 9654 96 '5678 9685 ‘S608 9699 9705 9 95 319 96 m2 918 “su 550 9756 9761 9767 20 9h STH 9783 9188 999 9798 s503 9808 9812-9847 7) Fl 9h 9B 983488 sg1ogas 98509854 _9g57 22 MEL MA 94 EN gms seme oss) 98849887 9899 23 OS SK OE S501 S904 5006 S909 991199139913 A Mb 9H 9A 9S SIN ‘Gor ‘gon 9932 9934 9935 25 WA BH 991 9983 5 9946 9948 9949 9951 9952 26 SS 55 9956 9957 9959 9960 9964 9962 9963 9964 f) WHS th 91 968 9969 “9970 gon 972 9973 ong 2h HK HIS 9976 ITT 977 “S97R ‘G67 9979 9980 “ong; 29 9M YAS 994 9984 9985 9085 on 55 9986 9 WA" V9 9RI 9% 9958 9989Appendix B Teles TABLE 2: DISTRIBUTION Area ce Probability Entries inthe able give s values for an cea or probability in the upper tail of the 1 distribuioa, For example, with 10 degrees of freedom and a.05 ares in the upper til a fas = 1812, mee ‘Area in Upper Tal aReedem ass 095 ar See ere eM, 1 1316 30g 31821 83.655 2 1051 1886 2.929 6565 9.925 3 S18 1638 233 4541 S841 4 on 1533 2432 37 4.608 5 0 1476 2015 3.305 4032 6 906 1440 1983 3.183 3707 7 8 Las 1895 2.998 3.499 8 839 1397 L860 2.395 3.355 9 83 1383 1833 2821 3250 19 89 13 182 abs 2761 3169 " 8161363 1086 2201 2n8 3.106 R 873 1356 1782 2479 2881 3.039 b 30 1350 um 2160 2650 son 4 888 1345 M61 24s 24604 2977 1s 886 1341 Los 2s 2@2 2947 6 865 1337 1746 2120 2583 2921 n 853 133 1740 210 2567 2808 18 882 1330 173 2101 2532 2878 9 1 1328 Lrg 2033 2539 2861 2 880 132s Lns 2088 2528 2845 a $59 1323 imi 2.080 2518 2831 2 858 1321 wn 2.074 2.508 2819 B 8 1319 we 2.069 2500 2807 a 87 1318 wn 2.064 2492 2797 3 856 1386 1.708 2ass 2787 % 856 13s 1.706 2419 2m 2 855 13s 1.703 24 2m 28 855 3B 1701 2467 2763 2 854 13 1.699 2.462 2738 » 34 1310 1697 201 2457 270 a 853 130 1.695 2030 2453 2748 2 853 1309 1694 2.037 2a 2738 3 853 138 1692 2.035 2445 2738 u $82 1307 Ler 2.032 2a 2.728Appendix B- Tables on TABLE 2 ¢ DISTRIBUTION (Continued) Areain Upper Tail 05 025 Degrees of Freedom 35 852 1306 1.650 2.030 2.438 214 36 892 1306 1.688 2.028 2434 2719 37 851 1305 1.687 2.026 2431 2ns 38 851 1301+ 1.686 2.024 2429 2712 » BL 1304 1.685, 2.023, 2.426 2.708 0 851 1303 1.684 2021 2.423 2708 4 850 1303 1.683, 2.020 2.421 2701 2 890 1302 1.682 2018 2418 2698 4B 890 1302 1.681 2017 2416 2695 " 850 1301 1.680 2015 2414 2692 45 890 1301 1679 2014 2412 2.690 6 850 1300 1619 2013 2410 2.687 41 849 1300 1678 2012 2.408 2.685 4 89 1299 1677 2011 2.407 2.682 0 89 1299 1.677 2.010 2.405 2.680 50 849 1299 1.616 2.009 2.403 2678 31 849 1298 1615 2.008 2.402 2.676 2 819 1298 1675 2.007 2.400 2674 3 848 1.298 1.674 2.006 2399 267 5 848 1297 1674 2.005 2,397 2670 5s 848 1297 1673 2.004 2.396 2.068 56 848 1297 1673 2.003 2.395 2.661 1 248 1297 1672 2.002 2.304 2.665 5a 348 1.296 167 2.002 2.392 2.063 so 348 1296 171 2.001 2391 2.662 o 248 1.296 1671 2.000 2.390 2.660 a £48 1296 1.670 2.000 2.389 2.4659 a 41 1.295 1.670 L999 2.388 2.657 a a7 L295 1.669 1,998 2.387 2.656 “on 847 1295 1.669 1.998 2.386 2.4655 65 a7 1.295 1.669 1.997 2.385 2.654 “ 847 1295 1.668 1.997 2.384 2.652 oh sa 1.294 1.668 1.996 2.383 2651 Ce a7 1.294 1.668 1.995 2.382 2.650 o a 1.294 1.667 1.995 2.382 2.619 0 807 1.294 1.667 1.994 2.381 2618 u 1 1.294 1.667 L994 2.380 2.687 a a 1293 1.666 1.993 2379 266 B 407 1.293 1.666 1.993 2379 2615 4 I 1.293 1.666 1.993 2378 2.64 15 846 1293 1.65 1.992 2377 2683 16 846 1293 1.665 1.992 2316 2612 ” «846 1293 1.665 1991 2376 2641 7% 846 1292 1665 1991 2375 2610 ” 146 1.292 1.664 1.990 2374 2639 Fago-422 Appendix B Tobles VWABIE2 1 DISTRIBUTION (Continued) —————— Area in Upper Tail a oar ee ei) 10 0S 025 OL WS % vB 1292 1.664 1990 237% 2.639 81 36 1292 1.664 1.990 233 2.638 2 5 1221.64 1.989 237 2637 3 B46 1292 1.663 1.989 2372 2.636 a 846 121663 1.989 232 2636 85 836 12921663 1.988 2301 2635, 6 86 1.291 1.663 1.988 230 2634 7 346 1291 1.663 1.988 2370 2.634 8 BG 1.291 1.662 1987 230 2.633 9 6 1.291 1.662 - 1.987 2.369 2632 9 6 1291 1.662 1987 2.368 2632 nw 6 1291 1.662 1.986 2.368 2631 2 B16 1291 1.662 1.986 2.368 2630 93 6 1.291 1.661 1.986 2.367 2630 94 815 1291 1.61 1986 2367. 2629 9S 845, 1291 L661 1.985 2.366 2.629 96 $45, 1.290 1.661 198s 2.366 2628 n 245 1.290 1661 198 23652627 98 5 1290 1.661 1984 23652627 9 835 100 NO Oe aed eae 100 BS 1290 16609842364 (226 ©. 382 1.282 1645 1.960 2.326 Raga. do 2576Appendix B Tables 923 TABLE 3 CHI-SQUARE DISTRIBUTION 2 a a Areaor 3 probability > 3 2 Ta 3 ee se > Enies in the tbe give’? values, where a isthe area or Probability in the upper tail of the chi-square distribution. +. Forexample, with 10 degrees of freedom and a 01 area in the upper tail, x2, = 23.209. 2 ec : ea in Upper Tail D> Degreés Ares ts Uppes - > MRresom 959s SDS 2 sot 05 > 1 ee ee ee 2 010 020 O51 103, 2uL 4.605 5.991 7378 9.210 10897 > 3 or 115 2163525846251 7818 934k 1.345 12838 4 207 297 484 mM ‘1.064 1.779 9488 11.143 13.277 1480 2 a Al2 554 831 14s 1.610 9.236 1.070 12832 15.086 16730 > 6 616, 872 1237 1638 2.204 10645 1259214 449 16.812” 1Rsig 7 989 1.239 1.690 2167 2.833 12017 14067 16.013 18.475 20.278 > 8 1344 1.647 2.180 2.733 3.490 13.362 15507 17.535 20.000 21.955 9 1735 2.088 2.700 3325 4.168 14.684 16919 19.023 21.666 23.589 ’ 10 216 25598 3217 3940 4.865 15987 18307 a0483 hone 25.188 ’ u 263 3.053 38164575 5.578 1727519675 at 920 2475 26157 2 304 3.571 4404 5.226 6.304 18549 21.026 23, 337 26217 28.300 . 3 3.565 4,107 5.009 ‘5.892 7.041 19812 22362 24.736 27.688 29.819 4 4.075 4.660 5.629 6571 71.790 21064 23685» 26.119 29141 31319 15 4.601 $.229 6.262 7261 8.547 22307 24.996 27.488 30578 32.801 16 512 S812 6908 7962 9.312 a5 6205 25, 84532000 34.267 7 5.697 6.408 7564 8.672 10.085 24769 27587-3191 33.409 35.718 18 6.265 7.015 8231 9.390 10865 25.989 869 31.526 34. 805 37.156 19 6844 7.633 8907 10.117 11.651 21.204 3.144 32.852 36, 191 38.582 20 74 6260 9591 18S 12443 841231410 34190 37566 39.597 2 804 8.897 10283 1.591 13.240 29615 a2.691 35.479 38932 4t.ggy 22 8643 9.542 10.982 12.338 14.041 30.813 33.924 36.781 40.289 42.796 23 9260 10.196 11689 13.091 14, 848 32007 35.172 38.076 41.638 44.181 Ey 9885 10.856 12401 13.848 15.659 33196 36AIS 39.364 42990 45 555 25 10520 I.s24 1312014611 16.473. a43e2 37, $52 40616 44314 46.925 6 M16 12.198 13844 15.379 1729235563 38.885 41923 45.612 48.299 7 11.808 12.878 14573 16.151 18.114 36.741 40.113 43.195 46.963 49.645 28 12461 13.565 15.308 16.928 18939 37916 4133744461 48.273 50.994 » elie ota eer OG nme io reat sone age 49583 52.335 Renn vs94 Appendix Wdles TABLES CHI-SQUARE DISTRIBUTION (Continued) Degrees ‘of Freedom 0 1s 40 45 0 38 0 65 10 1s 80 85 50 95 100 $$ ‘Avea in Upper Tail CS ee Rego pe os 99 SS 0 os 025 1 005 13787 14.933 6791 18493 2959940256 43.773. 46.979 508925362 V1 18.509 20569 22.465 4.197 46.059 49.802 53.003 S7.M2_— 60.215, 30707 22.164 24.433 26509 29051 SHEDS 55.758 59.42 63.691 66.766 24311 25.901 28365 30612 33.350 - 57505 61656 65.410 69.957 73.166 2191 29.107 23S) 34764. 37689 63.167 61.505. 71.420 76.154 79.50 SUNS 33571. 36358 38958 2.060 196 BSIL 77.380 82.292 BS. 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TIT TF ITS ET oz oer st ote ee ary, ety) shy wy HO mo oe we ae one re EE cess a eee See ue see ez or 50 ser sre greet EE ore or ” bad gee ory ory | toy eyes ws 0 ost wt set oe WE: ES mY tes 630 ee we ove ut az toe wr oe set e1 woz oz (ae Rt set we ot a wee we or wy eyes «6 ee tet rote ae eae 559 ort we wr WD ete, aE sie 16 “rt ete eee: EEE ae au we set wy ares sw ez sor br ore are woe hs ao A ee iz sex we: we eM He 50 S He soz fer oct sez Grew ge oF 8 we wr rer 0S sw HS wot oe st sre. eESSE ty +69 st set me owe oe Ee se we ere sec Et ESE ee 1 ses us’ 9S 90D sso we te euler ves ae poe iipericlesettteeesiicere rz st ez pret EE ie EEE 6 p 6s a9 oe BE oy ne SP ws 9 use ef = woe 8 ete 2 USE rc ° wee Ee ieee ieieee ae See er tore 8 6 us i969 see $56 SUL ere i ier Ort os 189 z oscr ME we i ‘ wt OFT # . we ore a6 360 0 rye we 09s OLS os 3ee £20 pene oe sty it stews ° ee ope ott 9 eee ez set «1OE io sara arian Fer atHaP PFT ees Ose Pee taepeusase 7a vitegee we we wee we weet wh wet tue wee wr whe we we we wt ae ae were gue wit wat we eee wee eae wt wt se Ot “et wt wy ene ez eevee we wot oate wt tat “ut ne Ot ttt ri vor ae ue a Pe ace act ut mt ett ates * ac owes ot oe we wt one ot oat we set act ” eto utr et = gt um me we z wt ower oot ore : ft wt oat oot ut om @ wet ie «7 wt tone = : tae we a = £ wt ome oe cs Pa = eo a im f = = Kt et Cee wt = : oz st we = of oa ee # * = eat aut oe ad bal =a ; i Apoory Khare. : a We : INSTITUTE OF MANAGEMENT TECHNOLOGY, GHAZIABAD - PGDM I" Year (Term 1), 2013 13 es , End-Term. Examination : BUSINESS STATISTICS > | ‘Time: 2:30 hours Total Marks: 60 - Note: . + Itis a closed book and closed notes examination - + All. questions are compulsory 4 1 Marks are exhibited against cach question in parenthesis 5 1 Marks will be deducted for illegible handwriting cs * Statistical tables have been provided for your use : Question 1, One of the standard sizes of Coke bottles in India is 200 mL. Due to the variability of the - bottling machinery itis unlikely that every bottle of Coke contains exactly 200 mL of the soft drink Suppose the data shown in table-tare the fill measurements from a random sample of 50 bottles Table-Hand figure present the SPSS output for the data in terms of descriptive statistics. Table-t: Fill quantities for ¢ random sample of bottles 2008 | “i992 7 9002 T1998 [3008 Ties Tas "200:3"— 2 | 20 00. 04 | 1993 | 199, 199:7 00.5 382 waa 20 Hiss ! 1996 200 | 200.9 1996 | 2001 | m 2004 |~2002 | 201.174 200.4 200.6 | 1998 | i-1996 | 200.1_ | 1997] 199.4 199.9 | 200 | Tabie-l: DescriptiveStatstics for the data Fal quant , N Valid 50 Missing o Mean 200.1180 Median * 200.1500 ’ Mode 200.20 : Std. Dewetion 41879 : Variance Skewness : Std Evrorof Skewness 337 Kurosis Std. Error of Kurtosis . Range f 190 Micra 199.20 Maximum 201 10 +Figure Deseriptive statistics graphical, . & 2 = S Fc c ” I | : | ° —t_ =~ [ete Write abriet report to about this process. (3 marks) eae? > \ y inst are the measures of dstibution shape for this Wipe of data? What are ‘measures for this particular sample: Supervisors summarizing what this output is saying he values of these ? How would you interpret these values? (2 marks) Que ion 2. ‘Jin arecent survey of computer ownershtp, 73.4% of the respondents indicate computers, while,21 8% indicated they own both PC at d they own PC and Mac computers, and £0 15 Said they own ‘ast one of the tivo computers. (4 marks) ¢ that the respondent also owns a © 1 Whatis the probability that a resSondent owns a Maccomputer? ass @ # Geen tat arespondent owns a PC, ashatisthe probabitty : Mac? e Ley Qn sce events P" and “na” mutually exclave? Why or why not? Explain ving probabilities eave the so events “PY and “M” independent? Explain, using probabilities 7S Asmatichinic has twee doctors Or-Sfnha sees 41% ofthe patients:0r wari sees 32% and Or. n sees the rest, Or Sinha requests blood tests-on $% of her patients, Dr. Tiwari ra quests bcos testfon 8% of is patents and Or. loun requests blood tests on 6% of her patients An auditor andomly selects a patient from the past week and discovers that the patient had a blood test asa CU) °OQ» ofA @ ao ° ma result of the physician visit. Knowing this information, what is the probability thdt patient saw Or. Sinha? For what percentages of all patients at this.ctinic are blood tests requeste\Y? (6 marks) C) According to Advertising Age, the average base salary for women working as copywriters in advertising firms is higher than the average base salary for men. The average base salary for women is $67,000, and the he average base salary for men is $65,000. (Working Woman, July/August 2000). Assume salaries are normally distributed and that the standard deviation is $7000 for both distributions of man and women. hat is the probability of a man receiving a salary in excess of $75,000? What is the probability of a woman receiving a salary below $50,000? jow much would a woman have to make to have a higher salary than 99% of her male counterparts? (4 marks) | Question 3: Op 2 3 A) The average weekly earnings of bus drivers in a city are $950 with a standard deviation of $45, Assume that we select a random sample of 81 bus drivers, (3 marks) @Q G Compute the standard error of the mean. + fe (ati te pranabitty hat the sample mean wilbe greater than $360? Jf the population of bus drivers consisted of 400 drivers, what would be the standard error of the mean? © o¥e 8) The food marketing institute shows that 17% of households spend more than Rs $00 per week on groceries. Assume the population proportion is p= .17 and a simple random sample of 800 households will be selected from tke population. Show the sampling distribution ofp, the sample proportion of households spending more than Rs S00 perweek on groceries. What is the probability that the sample proportion witl be within 40:2 of the population proportion? (3 marks) Question 4. The Hammermill company produces paper for laser printers. Standard paper width is supposed to be 216 mm or 8.5 inches. Suppose that the actual width is a random variable that is, normally distributed with a known sd of 0.023 mm. this sd reflects the manufacturing technology currently in use and is known from long experience with this type of equipment. The sd is small, due to the company’s considerable effort to maintain precise control over paper width. However, * variation still arises during manufacturing because of slight difference in the paper stock, vibration in the rollers and cutting tools and wear and tear on the equipment. The cutters:can be adjusted if the paper width drifts from the correct mean. A quality control inspector chooses SO sheets at random and measures them with a specific instrument, showing amean width of 216.007 mm. Does this, sample show that the process mean is not as per the specification? (Arr Construct the null and alternative hypothesis. (1 marks) S tion type | and Il error in the context of the question. (2 marks) Determine the tevel of alpha. Provide statistical justification. (1 marks) termine the appropriate statistical test and conduct the test. (2marks 2, Present the statistical decision, (1 marks) © ) {SP resent the managerial decision. (1 marks) PLE2IC ran, GeenaG Question, Caselet: As part ofa fog term study of individuals 65 years of age or ole=r, sociologists and physicians at the ti? (Indian Institute of Psychiatry) in New Delbi investigated the ‘lationship between geographical cation and depression, A sample of 60 individuals, all in feasonably good health, was selected, 20 individuals were residents of Delhi NCR, 20 were residents of Mumbai, and 20 were residents of Kolkata. Each of the individuals sampled was given a standardized test to measure depression. Table ~ I presents the above results Table “1. Results for healthy indi Wuals across Table-I: Results for individuals with chronic Ieities ailments across 3 cities, . Dethi | Delhi ; . fe NCR Kolkata | Ken Mumbai | a ul 10] : | 8 RD 2 | u 7 2 + | i Asecond part of the st considered the relationship between geographical iocation and vals 65'years of age or older who had a chronic heat arthritis, hypertension and/or heart ailment. Again asa depression for indi Ith condition such as nple of 60 nviduats was erutens 20 nts of taunts, Kolkata The lovels of depression foreach indus! meer Sone statistical test would be appropriate? What would be data for unying om has individuats were residents of Oothi NCR, 20 were reside and 20 were residents of corded and displayed in Table-I, ve want to com ste the averape depression levels in the three cites for both the cases, what the fundamental assumptions cegarding the the hypothesis with appropriate notations tistical test? Formulate expressions, (marks) oe A The following tables give the SPSS ce Fepreseated in Tablet and Table-ti} for ANOVA tests carried out for both the data sets (as t ‘ G aDoseriptives Sbaresint ove : : [ viene val for Mean : * | 2 | sswo | aiasen | amas | some] wane} a0 Tom » | 2 | 2 | see | azo | am | osm | soe | aco | eo s 3 20 7.0500 283725 6u43 97221 83779 300 1200 * [ret | 20 | seer | 2esoss | ae | orm | asso. | ooo | sen , ’ ; e : |] wo 2 7 - af ANOVA ’ [ Sumotsquares] at | meansaume | F | ou 7 7 1 392 933 59 ' ) Fost Hoc Tests r : ts) yMuttipte Comparisons Depressiont evel . Tweyso . Grouping 1) Grouping 95% Confidence intervat Mean Difierence : Ww Std. Ewor | Sig. | Lower Bound | Upper Bouns 1 2 2.48000 76307 006 4.2063 “137 cS 180000) 76307 130] 3.3363 3363 2 4 2.48000 76307] 006 6137 4.2863 95000} 76307 a2 8063 2.7653] esas veo] sues] 365 2 +8500] 76307 42 2.7863 8863 Nean difference is significant atthe 0 O5 tavel Deserves \ ll) JerSPSS ANOVA output in Table-t, the values of some entries in the ‘within groups’ \ Frew are not given, Derive the correct values of SSE, DF; and MSE in these cells, Exp! the meaning of each of these éntries. (1 marks) fon 6. The selling price af new homésin an upscale development area. Although the selling home may depend on many factors, only three independent variables were considered for the analysis Answer the questions based on the SPSS output CE) Howmuch varistionis being explained by the model. Report the appropriate statistics. (1 mark) © 2) check everait validity of the model a (7 SW) Areal th mark) dependent variables statistically significant. Provide statistical justification \_ rite hypothesis wherever is requited. (3 marks) cy Write the fitted model. (1mark)—~ J) tsthere muticotinenty present inthe model? Provide statisti GS sappeepciat staves (2 marty SIE) ts auto correlation present ia the model? Provide statist appropriate statistics (1 mark) justification and report the al justification and report the © AT Checkother three assumptions of Regression model by using the appropriate output. Refer ee Cy J) tu statistical output for your conclusion. (2 marks) Model Summary” AdustetR | Std. Enor of the R Sguxe Squat Estimat Durtinwatson 951 20.0 1.569] theooms, letsite in thousand square feet, home size engert Vansble, seling goce of a home in thousand dolarNoVA" qi Regression Weskiwat rode tis. (Constant, wot Dependent Vaiable, selle ; pace of a home in thousand dollar Z 4 ae Coetticientst : Standardizes - 8 Std Enor Beta t ' (Constan 28 849] 2am] 9n| homme sice an square foot a7 ons] 7ai] 110544 Lot sice sa thousand 0778) 1424 20] a 769) rise t puntos of bathrooms 15.535] 9.208) 1687] Dependent Vanat selling pce of a home in thousand dollar\ Ooh tt MS to = Question 7. A group of 30 by people in thei music preference table YEI"-Olds is interviewed to determine the type of music most ste “ake category and geographic location of their cesidence. It was hypothesize © and geographic location are dependent. The dat Selow. Use an appropriate statistical test of significance fo | Classical Output is as follow: ed that a are given in the conting yeney F testing the hypothesis, 8 a1 Region * Type of Music Crosstabulation cunt fc | j}——jreeet Music Sex! easy] eel) a Regen Nowtheast «J " 4 South Py 4 2a ai] Meat icity ¢| 1s| os] 1s0 x 2a Chi-square Tests asymp. Sig @ vawe | at sided) Pearson Chi-Square 15 0501 4 08 Leinood Ratio toy 4| of Hinearey Linear Assccation| 1 aa7 1 ny Wot vats Cases 2 3 Occeils ( O°) have expected count iss han §. The minimum expected count is 7 83 You are required to. ©)» write appropriate aul and alternative hypotheses. {2 maiks) Ku Write test statistic and decision criterion (1 mark) Cagis the vont test ttc trp eres macs 3 : (9. & £ € ¢ ¢ « c « ¢ « 6 ¢ c c « if © ‘« ¢ c © « c ‘ ¢ ¢ « y i inTABLE E11 The Standardized Normal Distiibution 49565, 49903 49931 49952 19966 3186 308 4029 4207 435 ase 4619 ang 408 4826 864 4895 1920 19 4955, 4966 4975 1982 49869 49206 4931 499s) 49968 49908, 4898 49955, 49969 49978) ep90855" 999) RANG ov Ao ost Be ‘oun St boys Daehn 1664) 1200 2019. * 2084 2357 2°9389 2673,\'95 2108 r967'!* 2995, v. 33 3308 yios 3 390713995 sig aa 4296 |. A231 1370, 438? gash ae 458210 as91 fot 25 4671 APD N38 ass 203 Ash 1 4838) ASPL 4s A875 4901, 904 49254920 1943) A945 4957.0 4989 1968" 4969 n> sor 4985" < 4981 19878" 4887 91a ABI. g038 910 4995749958 9920 91 919-49 49086. 49) Sag99p.° ja9991 9003999: canal Wale) 0s) ons? thes. 16, 2088) 242, aM 3024 399 wit . ne wn ans 4729 2916 1960 3970 190% wai 9886 9918 mn “9960 af Aang ‘a Ponig Yabie® * i026 1106 mn as mst D764 0st ub ws 10 3962 abt a) 4306 6 2008 110 4805 48 asst 07 in 198 961 on on 4985 29899 won aout 49961 any 47st 40087 49992 49994 S4bo06 aoaytscy finlheiont oii, oa” (vot: mii 1808 dT dase 298, 3078, 340 srt x0. 1980 wo 4962 wn on 1985, 19898 19904 49916, 1996 on 988 4999? 095, 49995! bo Tables 0% ‘tosis Pont 1103 1480 laut 2190) dis nw 106 49397 19926 9918 ans wy dons 47 40995 wor 700 wy ws 9965 499165, a083 10 999? 49995, a9), nf612 APPENDICES TABLE E.3 Critical Values of 1 / For a parc nambe of the critical valve Of reonespondingto a specified upper-tail 3123} Desreesef| Freedosa 19 9686 essi0 a Beset 2 } oss reedsnt ety repiese - Upper Tail Areas 0s 9025 12.7062 43027 3.1823 2.7763 Lesa 20154 1.6794 20141 1.6787 20129 16779 20117 1612 20106 eer 318207VUuuUUUuUY Tp aaa vuuuUUUUuBUY ons 5 OSt66' opzsOrr ose #0 sanjeq jedau5 3 318vl 2 a4)VTABLE E.3 Ciitical Values of (Continued) 7 — - Freedom” | 02s 08795 6792 06791 06790, 06789 06788 06787 06787 + 06786 og735 06785 cers 06733, o6is3 osis2 065794 06793, 06791" a1. 12991 12987 12988 12980 1297 1avis 1200 269 Les.” 1.2963, 12961 12988 _Upper-Tait Areas 0.05 16766 16759: eT ers 16747 sense shen. Lis’ Leno Ans: Loni 1.6706" “y6702 1.6698 216694 1.6690 16686 18683 16579 1.6696 L662 16669 1.6666 16663 16660 18657 Less 1.6652 1.6639 16616 Leeas 166nt 1.6639 16636 16634 16632 1.6630 1.6628 1.66826 heer 16822 1.6620 1.6618 16616 Lest Leen 1.6611 1.6609 1607 1.605 L6go4 Lec? Loses 1.6877 16se9 16rd 0.025 2.0096 aan nAR AMAR KNANANANDANANnNHDANNNDAHAHS612 APPENDICES TABLE E.3 Critical Valves of tH or pra numb of dese edo ey sts {he crt ah of rcorrespondingtoa specified upset area).