Term Paper

Course Name: Business Statistics

Course Code: HRM-8402

Submitted by
Name: Sazzadul Islam
Roll No: 2223031067
Batch: 29
Section: A
Trimester: May-Aug 2022

Instructor
Tahmina Sultana
Assistant Professor

MBA (Professional)
Faculty of Business Studies
Bangladesh University of Professionals
Mirpur Cantonment, Dhaka- 1216

Date of Submission: 24/11/2022

 Answer the question no. 1
Here the screenshot of variable view after making complete template.

Answer the question no. 2

Here the screenshot my data view after entering all data.
 Answer the question no. 3
Here the frequency distribution table for 3 qualitative (Coded with values in SPSS) variables.
They are Team, Year Opened, League.

Team

Cumulative
Frequency Percent Valid Percent Percent

Valid Arizona 2 6.3 6.3 6.3

Atlanta 1 3.1 3.1 9.4

Boston 2 6.3 6.3 15.6

Chicago Cubs 1 3.1 3.1 18.8

Chicago Sox 1 3.1 3.1 21.9

Cincinnati 1 3.1 3.1 25.0

Colorado 1 3.1 3.1 28.1

Houston 1 3.1 3.1 31.3

Kansas City 1 3.1 3.1 34.4

LA Dodgers 3 9.4 9.4 43.8

Miami 1 3.1 3.1 46.9

Milwaukee 1 3.1 3.1 50.0

Minnesota 2 6.3 6.3 56.3

NY Mets 1 3.1 3.1 59.4

NY Yankees 2 6.3 6.3 65.6

Oakland 1 3.1 3.1 68.8

Philadelphia 1 3.1 3.1 71.9

Pittsburgh 4 12.5 12.5 84.4

San Francisco 1 3.1 3.1 87.5

Seattle 1 3.1 3.1 90.6

St. Louis 1 3.1 3.1 93.8

Toronto 1 3.1 3.1 96.9

Washington 1 3.1 3.1 100.0

Total 32 100.0 100.0

Figure – Team
 Year Opened

Cumulative
Frequency Percent Valid Percent Percent

Valid 1919.0 1 3.1 3.1 3.1

1921.0 1 3.1 3.1 6.3

1923.0 1 3.1 3.1 9.4

1931.0 1 3.1 3.1 12.5

1941.0 1 3.1 3.1 15.6

1946.0 2 6.3 6.3 21.9

1954.0 1 3.1 3.1 25.0

1957.0 1 3.1 3.1 28.1

1958.0 1 3.1 3.1 31.3

1959.0 1 3.1 3.1 34.4

1964.0 1 3.1 3.1 37.5

1967.0 2 6.3 6.3 43.8

1969.0 1 3.1 3.1 46.9

1971.0 1 3.1 3.1 50.0

1973.0 1 3.1 3.1 53.1

1974.0 1 3.1 3.1 56.3

1977.0 1 3.1 3.1 59.4

1980.0 1 3.1 3.1 62.5

1981.0 1 3.1 3.1 65.6

1987.0 1 3.1 3.1 68.8

1991.0 2 6.3 6.3 75.0

1992.0 2 6.3 6.3 81.3

2001.0 2 6.3 6.3 87.5

2003.0 1 3.1 3.1 90.6

2006.0 1 3.1 3.1 93.8

2008.0 1 3.1 3.1 96.9

2011.0 1 3.1 3.1 100.0

Total 32 100.0 100.0

Figure- Year Opened

 League

Cumulative
Frequency Percent Valid Percent Percent

Valid American 12 37.5 37.5 37.5

National 20 62.5 62.5 100.0

Total 32 100.0 100.0

Figure- League

Answer the question no. 4

Represent the descriptive statistics (mean, median, mode, minimum, maximum, variance, standard
deviation, skewness, kurtosis) of 3 Quantitative variables (Team salary, Wins, ERA) variables.

Statistics

Team Salary ERA BA

N Valid 32 32 32

Missing 0 0 0
Mean 153.380732829 4.77145228930
.25469
507450 8376
Median 148.135223395 4.91488710207
.25407
530200 9105
Mode 66.9986555647 3.03530905605
.243a
4550a 99405a
Std. Deviation 48.0390003372 .851167198227
.007137
77410 883
Variance 2307.746 .724 .000
Skewness -.084 -.330 .353
Std. Error of Skewness .414 .414 .414
Kurtosis -1.124 -1.175 -.410
Std. Error of Kurtosis .809 .809 .809
Minimum 66.9986555647 3.03530905605
.243
4550 99405
Maximum 224.676168966 5.94471554448
.270
77018 22000

a. Multiple modes exist. The smallest value is shown

Figure- Descriptive statistics for (Team salary, Wins, ERA)

 Answer the question no. 5

Correlations

Team Salary Average salary

Team Salary Pearson Correlation 1 -.516*

Sig. (2-tailed) .041

N 32 16
Average salary Pearson Correlation -.516* 1

Sig. (2-tailed) .041

N 16 16

*. Correlation is significant at the 0.05 level (2-tailed).

Interpretation: Here,

r= -0.516; which means, 2 variables Team Salary and Average salary are negatively moderately
related. This indicates that, with the increase in Total team salary expressed in million dollars
(team salary), Average annual player salary in dollars (Average salary) decreases and vice versa.

Answer the question no. 6

Regression Analysis: Team Salary (dependent) against Wins, HR and ERA (independent)

Coefficients

Standardized
Unstandardized Coefficients Coefficients

Model B Std. Error Beta t Sig.

1 (Constant) 729.679 299.161 2.439 .021

Wins -.367 .818 -.076 -.449 .657

HR .414 .251 .282 1.647 .111

BA -2412.099 1153.198 -.358 -2.092 .046

Regression model is as follows:

𝑻𝒐𝒕𝒂𝒍 𝑺𝒂𝒍𝒂𝒓𝒚 = 729.679 - 0.367∗ 𝑾𝒊𝒏𝒔 + 0.414 ∗ 𝑯𝑹 - 2412.099∗ 𝑩𝑨
 Here,
intercept, α= 729.679, β1 =-.367, β2 =.414, β3 =-2412.099
Interpretation:
Here, α= 729.679; indicates that with Wins= 0, HR= 0 and BA= 0, Total salary will increase by
729.679 million. β1 = -.367; indicates with 1 unit decrease in Wins, Team salary will increase by
.414 unit. β2 = .414; indicates with 1 unit increase in HR, Total salary will increase by .414 unit.
β3 =-2412.099; indicates with 1 unit decrease in BA, Team salary will decrease by -2412.099 unit.

Answer the question no. 7

Bar diagram and Pie chart of the variable League.

League

Cumulative
Frequency Percent Valid Percent Percent

Valid American 12 37.5 37.5 37.5

National 20 62.5 62.5 100.0

Total 32 100.0 100.0

Figure 1- Bar Diagram of League

 Figure 2- Pie chart of League

Answer the question no. 8

Computed variable:
Transform > Compute variable (adding functions).