General Instructions

1. All questions carry 10 marks each

2. Solve any three out of the 5 questions
3. Solve the question in the same sheet, and write the steps
4. The total exam duration is one hour
5. The spreadsheet should be loaded in you respective Google drive folders only. Your editing rights for the Google drive folde
ghts for the Google drive folders will seize at 11:00 am. So you cannot upload any files in the folder after 11:00am.
Q1. The six common names in Australia are Brown, Davis, Jones, Johnson Smith and Williams. Below is a sample of 5

Last Name Summarize the data by constructing the following:

Brown a. Relative and percent frequency distribution-4 marks
Smith b. A bar Graph-2.5 mark
Davis c. A pie chart-2.5 mark
Johnson d. Based on the data summary what are the three most common last names?- 1 mark
Williams
Williams
Johnson
Jones
Davis
Jones
Williams
Jones
Smith
Smith
Davis
Johnson
Smith
Jones
Jones
Johnson
Williams
Smith
Brown
Smith
Johnson
Jones
Smith
Smith
Williams
Brown
Williams
Johnson
Williams
Johnson
Williams
Smith
Brown
Smith
Davis
Johnson
Brown
Smith
Johnson
Brown
Johnson
Brown
Jones
Davis
Smith
Davis
ms. Below is a sample of 50 names with one of these last names:

names?- 1 mark
Q2. Sigma Marketing Research Company charges its clients on the assumption that telephonic surveys can be completed in a m

Time Help the company to understand , is the premium rate is justified.

17 a. Formulate the null and alternative hypotheses-2 mark
11 b. What is the p-value?- 2 mark
12 c. At a significance value (α) =0.05, what is your conclusion?-6 marks
23
20 H
23
15
16
23
22
18
23
25 VARIANCE 20.52941
14 STANDARD DEVIATION 4MIN
12 SIGNIFICANCE VALUE 0.05
12
20
18
12
19
11
11
20
21
11
18
14
13
13
19
16
10
22
18
23
ic surveys can be completed in a mean time of 15 minutes or less. For longer mean surveys a premium rate is charged. A sample of 35 sur
s charged. A sample of 35 surveys are provided below. Based on past studies the population standard deviation is 4 mins.
tion is 4 mins.
Q3. According to Doom, India’s First and Largest Online Marketplace
to Buy & Sell Used Cars & Bikes, the mean price for used bikes is
10,192. A used bike dealership in Sohna reviewed a sample of 50
recent used bikes sales in an attempt to determine whether the mean
price for used bikes at this particular dealership is different from the
national mean. The prices for the sample of 50 bikes are given below:
Sale Price
12400 a. Formulate the hypotheses that can be us
10400 b. What is the p-value?-2 mark
12100 c. At a significance value (α) =0.05, what is y
10000
11000
8895
7675
9975
6350
10470
9895
11250
8795
12500
9340
10150
9200
9395
11000
10640
10000
7500
8000
10440
10200
10300
9740
9280
10930
8000
9000
7680
9400
10730
7350
12240
11970
8240
9910
10080
9440
8970
9500
10050
10130
11400
8500
7500
9090
10500
ate the hypotheses that can be used to determine whether a difference exists in the mean price for used bikes at the dealership-2 mark
the p-value?-2 mark
nificance value (α) =0.05, what is your conclusion?-6 marks
es at the dealership-2 mark
Q4. The Mutual fund returns for 10 months are given below:

Monthly Returns -large cap fund,large cap fund Performance Tracker | Mutual funds with highest return
Scheme Name Mar'21 Feb'21 Jan'21
Axis Bluechip Fund - Direct Plan - GrowthLarge Cap Fund 0% 1% -5%
Canara Robeco Bluechip Equity Fund - Direct Plan - GrowthLarge Cap Fund 0% 2% -2%
Edelweiss Large Cap Fund - Direct Plan - GrowthLarge Cap Fund 0% 2% -3%
BNP Paribas Large Cap Fund - Direct Plan - GrowthLarge Cap Fund -1% 1% -2%
HSBC Large Cap Equity Fund - Direct Plan - GrowthLarge Cap Fund -1% 1% -2%
IDBI India Top 100 Equity Fund - Direct Plan - GrowthLarge Cap Fund -1% 3% -2%
Kotak Bluechip Fund - Direct Plan - GrowthLarge Cap Fund 0% 3% -2%
SBI Blue Chip Fund - Direct Plan - GrowthLarge Cap Fund -2% 4% -2%
UTI Mastershare Unit Scheme - Direct Plan - GrowthLarge Cap Fund 1% 2% -3%
IDFC Large Cap - Direct Plan - GrowthLarge Cap Fund 0% 0% -2%
Baroda Large Cap Fund - Plan B (Direct) - GrowthLarge Cap Fund -2% 3% -3%
L&T India Large Cap Fund - Direct Plan - GrowthLarge Cap Fund -1% 3% -3%
PGIM India Large Cap Fund - Direct Plan - GrowthLarge Cap Fund -1% 2% -2%
LIC MF Large Cap Fund - Direct Plan - GrowthLarge Cap Fund 0% 0% -4%
Invesco India Largecap Fund - Direct Plan - GrowthLarge Cap Fund -2% 3% -2%
Mirae Asset Large Cap Fund - Direct Plan - GrowthLarge Cap Fund -1% 3% -2%
Navi Large Cap Equity Fund - Direct Plan - GrowthLarge Cap Fund -1% 3% -2%
ICICI Prudential Bluechip Fund - Direct Plan - GrowthLarge Cap Fund -1% 3% -1%
Union Largecap Fund - Direct Plan - GrowthLarge Cap Fund -1% 2% -2%
Aditya Birla Sun Life Frontline Equity Fund - Direct Plan - GrowthLarge Cap Fund -1% 3% -2%
DSP Top 100 Equity Fund - Direct Plan - GrowthLarge Cap Fund 1% 0% -2%
Indiabulls Bluechip Fund - Direct Plan - GrowthLarge Cap Fund 0% 1% -5%
JM Large Cap Fund - (Direct) - GrowthLarge Cap Fund -1% 1% -2%
Tata Large Cap Fund - Direct Plan - GrowthLarge Cap Fund -1% 4% -1%
Franklin India Bluechip Fund - Direct - GrowthLarge Cap Fund -2% 5% 1%
HDFC Top 100 Fund - Direct Plan - GrowthLarge Cap Fund -3% 5% -1%
Nippon India Large Cap Fund - Direct Plan - GrowthLarge Cap Fund -2% 6% -1%
Taurus Largecap Equity Fund - Direct Plan - GrowthLarge Cap Fund -1% 0% -3%
al funds with highest returns - Moneycontrol.com
Dec'20 Nov'20 Oct'20 Sep'20 Aug'20 Jul'20 Jun'20 Using descriptive statistics tool:
7% 11% 3% -1% 2% 5% 4% a. Calculate the mean and median return percentage fo
7% 10% 2% -1% 3% 5% 4% b. What are the first and third quartile values for the 10
7% 10% 2% -1% 2% 7% 5% c. Draw a line chart using the 10 months mean and med
6% 10% 2% -2% 2% 5% 4%
7% 11% 3% -2% 2% 5% 5%
6% 10% 2% 0% 2% 5% 4% a.
6% 10% 2% 0% 3% 7% 6% Mar'21
6% 14% 2% -2% 4% 6% 4%
7% 12% 2% -2% 4% 5% 4% Mean
6% 7% 2% 0% 1% 8% 4% Standard Error
6% 11% 2% -3% 2% 6% 4% Median
7% 10% 2% -1% 2% 7% 4% Mode
6% 10% 2% 0% 3% 6% 4% Standard Deviation
7% 12% 2% -2% 2% 4% 5% Sample Variance
5% 8% 1% 0% 1% 7% 4% Kurtosis
6% 10% 1% -1% 4% 7% 5% Skewness
6% 11% 2% -1% 1% 7% 5% Range
7% 11% 1% -3% 4% 5% 4% Minimum
7% 11% 2% -3% 3% 6% 4% Maximum
7% 12% 2% -2% 3% 6% 5% Sum
7% 10% 2% 0% 1% 6% 5% Count
5% 12% 2% -3% 5% 4% 4% Confidence Level(95.0%
4% 8% 1% -1% 2% 5% 3%
6% 10% 2% -3% 3% 6% 5% b.
6% 14% 4% -6% 4% 2% 5% Mar'21
7% 13% 1% -5% 4% 4% 4% Q1
8% 13% 1% -6% 7% 4% 4% Q3
6% 8% 2% -1% 1% 7% 4%

Mar'21
Mean
Median
ptive statistics tool:
the mean and median return percentage for the 10 months- 2 mark
the first and third quartile values for the 10 months-2 marks
e chart using the 10 months mean and median returns-6 marks

Feb'21 Jan'21

-0.007246428571429 Mean 0.022939 Mean -0.021860714285714

0.00168759465455 Standard Error 0.00297 Standard Error 0.002321297411842
-0.00625 Median 0.02375 Median -0.0221
#N/A Mode 0.017 Mode -0.0241
0.008929911539641 Standard Deviation 0.015715 Standard Deviation 0.012283151341505
7.97433201058201E-05 Sample Variance 0.000247 Sample Variance 0.000150875806878
1.03786642431622 Kurtosis -0.23998 Kurtosis 2.10436178376247
-0.413011688470039 Skewness 0.526802 Skewness -0.241033619227024
0.0407 Range 0.0569 Range 0.0615
-0.0305 Minimum -0.0018 Minimum -0.0509
0.0102 Maximum 0.0551 Maximum 0.0106
-0.2029 Sum 0.6423 Sum -0.6121
28 Count 28 Count 28
0.003462658211654 Confidence Level(95. 0.006094 Confidence Level(95.0%) 0.004762908867445

Feb'21 Jan'21 Dec'20 Nov'20 Oct'20

Feb'21 Jan'21
-0.007246428571429 Mean 0.022939 Mean -0.021860714285714
-0.00625 Median 0.02375 Median -0.0221
 Dec'20 Nov'20

Mean 0.0641178571429 Mean 0.107175

Standard Error 0.0013464243611 Standard Error 0.003281871098939
Median 0.06455 Median 0.10545
Mode 0.0643 Mode 0.0996
Standard Deviation 0.0071246080371 Standard Deviation 0.017366029525527
Sample Variance 5.0760039683E-05 Sample Variance 0.000301578981481
Kurtosis 2.1275465517815 Kurtosis -0.056204457370944
Skewness -1.0735030235368 Skewness -0.072674428435354
Range 0.0324 Range 0.0679
Minimum 0.0446 Minimum 0.0727
Maximum 0.077 Maximum 0.1406
Sum 1.7953 Sum 3.0009
Count 28 Count 28
Confidence Level(95. 0.0027626345922 Confidence Level(95.0 0.006733843271958

Sep'20 Aug'20 Jul'20 Jun'20

Dec'20 Nov'20
Mean 0.0641178571429 Mean 0.107175
Median 0.06455 Median 0.10545
 Oct'20 Sep'20 Aug'20

Mean 0.019003571429 Mean -0.018886 Mean

Standard Error 0.001158902534 Standard Error 0.003088 Standard Error
Median 0.0188 Median -0.0148 Median
Mode 0.0208 Mode -0.0117 Mode
Standard Deviation 0.006132335797 Standard Deviation 0.016338 Standard Deviation
Sample Variance 3.760554233E-05 Sample Variance 0.000267 Sample Variance
Kurtosis 3.543502025795 Kurtosis 1.519973 Kurtosis
Skewness 1.0857137678258 Skewness -1.27052 Skewness
Range 0.0315 Range 0.0639 Range
Minimum 0.0079 Minimum -0.0633 Minimum
Maximum 0.0394 Maximum 0.0006 Maximum
Sum 0.5321 Sum -0.5288 Sum
Count 28 Count 28 Count
Confidence Level(95.0% 0.002377871585 Confidence Level(95.0 0.006335 Confidence Level(95.

Oct'20 Sep'20 Aug'20

Mean 0.019003571429 Mean -0.018886 Mean
Median 0.0188 Median -0.0148 Median
 Jul'20 Jun'20

0.026792857142857 Mean 0.05595357143 Mean 0.043921

0.002659568571905 Standard Error 0.00247725891 Standard Error 0.00105
0.02485 Median 0.05615 Median 0.0431
0.0355 Mode 0.0531 Mode 0.0513
0.014073114071965 Standard Deviation 0.01310842201 Standard Deviation 0.005556
0.000198052539683 Sample Variance 0.00017183073 Sample Variance 3.087E-05
2.09582860828215 Kurtosis 2.47925327924 Kurtosis -0.503845
1.17802997345489 Skewness -0.7966234348 Skewness 0.22326
0.0633 Range 0.0692 Range 0.0231
0.0075 Minimum 0.0156 Minimum 0.0324
0.0708 Maximum 0.0848 Maximum 0.0555
0.7502 Sum 1.5667 Sum 1.2298
28 Count 28 Count 28
0.005456983956506 Confidence Level(95.0%0.00508291542 Confidence Level(95.0%) 0.002154

Jul'20 Jun'20
0.026792857142857 Mean 0.05595357143 Mean 0.043921
0.02485 Median 0.05615 Median 0.0431
Q5. Imagine you are planning to participate in a boat race and you have collected the information about different boat mo

Make and Model Beam, HP TopSpeed,Y

Calabria Cal Air Pro V-2 100 330 45.3
Correct Craft Air Nautique 210 91 330 47.3
Correct Craft Air Nautique SV-211 93 375 46.9
Correct Craft Ski Nautique 206 Limited 91 330 46.7
Gekko GTR 22 96 375 50.1
Gekko GTS 20 83 375 52.2
Malibu Response LXi 93.5 340 47.2
Malibu Sunsettter LXi 98 400 46
Malibu Sunsetter 21 XTi 98 340 44
Malibu Sunscape 21 LSV 98 400 47.5
Malibu Wakesetter 21 XTi 98 340 44.9
Malibu Wakesetter VLX 98 400 47.3
Malibu vRide 93.5 340 44.5
Malibu Ride Xti 93.5 320 44.5
Mastercraft ProStar 209 96 350 42.5
Mastercraft X-1 90 310 45.8
Mastercraft X-2 94 310 42.8
Mastercraft X-9 96 350 43.2
MB Sports 190 Plus 92 330 45.3
Svfara SVONE 91 330 47.7
e information about different boat models as presented below:

a. Using these data, develop a regression equation relating the top speed with the boat's beam and HP rating-2 mar
b. Compute and interprete R square and adjusted R square-2 marks
c. Does the estimated regression equation provides a good fit to the data? Explain.- 6 mark

a.
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.772800213447355
R Square 0.597220169904278
Adjusted R Square 0.549834307540075
Standard Error 1.5953761245245
Observations 20

ANOVA
df SS
Regression 2 64.156675362052
Residual 17 43.2688246379481
Total 19 107.4255

Coefficients Standard Error

Intercept 64.9658808241708 9.00865905291741
Beam -0.389589500262735 0.095789734522661
HP 0.051064402474759 0.013118032775322

c.
Regression equation
Y= b0+b1.X1 + b2.X2 Here b0 = intercept value b1 = beta1
Y = 64.96 +
h the boat's beam and HP rating-2 marks

MS F Significance F
32.078337681026 12.6033407456871 0.000439618107303
2.54522497870283

t Stat P-value Lower 95% Upper 95% Lower 95.0%

7.21149290283462 1.4549293646E-06 45.9592716189365 83.972490029 45.9592716189365
-4.06713205965269 0.00080175328172 -0.591688174355164 -0.1874908262 -0.59168817435516
3.89268752025247 0.00117011167521 0.023387772574857 0.0787410324 0.023387772574857

b2 = beta2
 Upper 95.0%
83.972490029
-0.1874908262
0.0787410324