PGP 2019 Computer Assignment

A Group project submitted to

Prof. Sabyasachi Mukhopadhyay

In partial fulfilment of the requirements of the course

Statistics for Management

By
Group D2
Supreethi Undi- 1911281
Ansal V S- 1911036
Vaibhav Jha-1911286
Subhajit Roy- 1911264
Deepanshu Singh- 1911076

On
16/09/2019
Sol 1) Sample size, n:10000
Sample mean: 1323095.892
Sample variance: 19470528.71
Interval: 95%
Information regarding population mean and population variance are missing, and the sample
size is greater than 30,
T distribution is being used
t0.025,9999=1.96
Confidence interval for Gross output (2001-2002) has been calculated by the formula as
[1323095.892 ± 1.96 × (19470528.71÷ √10000)]
= [941473.5293, 1704718.255]

Sol 3) x is the random variable that gives value of exports for the year 2001-02
µ is the average value of the exports for the year 2001-02
Here µ0 is the population mean given as 87300
Sample mean: 77854.4463
Sample standard deviation s: 3875181.38
Since, we can observe that the sample mean is less than the population mean, we conduct a
left tailed test,
For Null Hypothesis Ho: µ ≥ 87300
Alternate Hypothesis H1: µ< 87300
Our assumption is that the confidence interval is 95%, α = 0.05,
We do not know the population standard deviation
Hence, t-distribution with sample data is used for testing the hypothesis.
t= -0.2437
p= 0.5963
We do not feel to reject the null hypothesis
For the period of 2001-02, the mean value of exports is proven to be greater than or
equal to 87300
Sol 5) x is the random variable that gives the employee productivity
Let, µm = mean of male employees’ productivity,
µf = mean of female employees’ productivity
We calculate the sample sizes using count function,
The number of firms handled by males (nm) = 9157
The number of firms handled by females (nf) = 843
The mean value of the productivity for the year 2001-02 is the mean value of the GOP
Mean value of productivity of male employees (Xm) = 1395416.03
Mean value of productivity of female employees (Xf) = 537525.902
Standard deviation for males (Sm) = 20218842.1
Standard deviation for females (Sf) = 7477634.27
For the hypothesis testing by F-distribution, we need to test the equality of variances of the
two populations of male and female employee
H0: σ12 = σ22 V/s H1: H1: σ12 ≠ σ22
F (nm-1, nf-1) = Sm2/Sf2
Fcalc(9157,843) = 7.3112
Fcrit(9157, 843) = 1.0893
Since, Fcalc> Fcrit, we reject the null hypothesis,
Hence the alternate hypothesis that the standard deviations are not equal σ1 ≠ σ2
Though we assume σ1 = σ2
The null hypothesis is stating that average productivity of male employees’ is greater than
that of the female employees’ productivity. The alternate hypothesis states that it is less.
H0: µm ≥ µf V/s H1: µm < µf
Now, t-distribution is applied for hypothesis testing as population standard deviation is
unknown
Taking 95% as the confidence level, α=5%
Degrees of freedom, 9189
Tcri = 1.96 Tcal= 2.57528047
Since, Tcal > Tcri, we do not feel to reject the null hypothesis,
Therefore, it is agreed that the male employees’ productivity is greater than that of
female employees
Appendix: