Data Analysis: Frequency Distribution, Regression Analysis, Hypothesis Testing
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Added on 2023/06/12
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This article covers topics such as frequency distribution, regression analysis, and hypothesis testing in data analysis. It includes tables, histograms, and equations to explain the concepts.
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Data analysis1 Name Tutor Institution Date
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Data analysis2 NUMBER 1 a.Frequency distribution table showing relative frequency and percent frequency distribution ClassFrequencyRelative frequency% frequency 123 - 17390.1818% 174 - 224150.330% 225 - 275110.2222% 276 -32650.110% 327 - 37740.088% 378 - 42820.044% 429 - 47930.066% 480 - 53010.022% Table 1 b.Percent frequency distribution for furniture order values histogram 123 - 173174 - 224225 - 275276 - 326327 - 377378 - 428429 - 479480 - 530 0% 5% 10% 15% 20% 25% 30% 35% Histogram Class Percentage frequency Figure 1 It can be observed that the distribution curve above is not normal. The curve is skewed to the right. This indicates that the order values are not normally distributed. c.Since the shape is skewed to the right it means that there are extreme values on the right. Extreme values always affect the mean hence rendering it unfit for
Data analysis3 measure. The median is the best measure for this distribution because it is resistant to outliers. QUESTION 2 a.Since F (2, 47) = 74.13, from F-tables, the p-value is 0.000. This value is less thanalphavalue(0.05).Wearethereforeguidednottoacceptthenull hypothesis. Conclusion: demand and price are related. b.Finding the Coefficient of determination Coefficientofdetermination=RSS Rtotal =5048.818 8181.479=0.617 The value 0.617 indicates that demand which is the independent variable is responsible for 61.7% of variation that occurs in price which is the dependent variable. c.The coefficient of correlation coefficientofcorrelation=standarderror coefficientofdetermination ¿0.248 0.617=0.4 QUESTION 3 Hypothesis H0:Mean1= Mean2= Mean3 Versus H1:At least one treatment has a different mean Since F (2, 23) = 16.43, from F-tables, the p-value is 0.000. This value is less than alphavalue(0.05).Wearethereforeguidednottoacceptthenullhypothesis. Conclusion:at least one mean is different.
Data analysis4 QUESTION 4 a.The regression equation Numberofphonessold=0.4977(price)+0.4733(no.ofadvertisingspots)+0.8051 b.Test for significance of the model Because F (2,102) = 63.06, p < 0.001. Conclusion: the model is significant at 0.05 level of significance c.Test significance of coefficients Because 0.001< 0.05, it can be concluded that1and2are significantly different from zero. d.Gradient of coefficient of X2 The gradient is 0.4733. This indicates that a single unit change in the number of advertising spots causes a corresponding 0.4733 unit change in the number of phones sold. e.Number of phones sold numberofphonessold=0.4977(20,000)+0.4733(10)+0.8051 numberofphonessold=9,959.54∨9960