Data Analysis: Frequency Tables, Regression Analysis, Hypothesis Testing
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Added on 2023/06/11
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This article covers data analysis techniques such as frequency tables, regression analysis, and hypothesis testing. It includes examples and explanations of each technique.
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Data analysis1 Name Tutor Institution Date
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Data analysis2 NUMBER ONE a.Frequency table 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.Histogram for percentage frequency 123 - 173174 - 224225 - 275276 - 326327 - 377378 - 428429 - 479480 - 530 0% 5% 10% 15% 20% 25% 30% 35% % frequency Class Frequency Figure 1 The frequency histogram above shows the distribution of order values for furniture. As can be observed the distribution has a long tail to the right hence skewed distribution. c.The appropriate measure for central tendency is the median. This is because the distribution is not normal.
Data analysis3 NUMBER TWO a.The calculated statistics is F (2, 47) = 74.13.The p-value is 0.000. Since the p- value is less than the level of significance (0.05), the null hypothesis is not accepted. The conclusion is therefore that demand and price are related. b.Finding R-square or the Coefficient of determination R−square=RegressionSS Regressiontotal =5048.818 8181.479=0.617 R-square value of 0.617 means that 61.7% of change in demand is caused by price. Price is the independent variable while demand is the dependent variable. The coefficient of correlation coefficientofcorrelation=standarderror coefficientofdetermination ¿0.248 0.617=0.4 NUMBER THREE Hypothesis H0:μ1= μ2= μ3 Versus H1:At least one treatment has a different mean The calculated statistics is F (2, 23) = 16.43.The p-value is 0.000. Since the p-value is less than the level of significance (0.05), the null hypothesis is not accepted. It is concluded thatat least one mean is different.The conclusion is therefore that demand and price are related.
Data analysis4 NUMBER FOUR a.Simple linear regression model y=0.4977(X1)+0.4733(X2)+0.8051 y=numberofphonessold X1=price X2=Numberofadvertisingspots b.Significance of the model The calculated statistics is F (2, 102) = 63.06.The p-value is 0.001. Since the p-value is less than the level of significance (0.05), we conclude that the model is significant. c.Test significance of coefficients Comparing p-value 0.001 with alpha value (0.05), it is found that 0.001 < 0.05. It is concluded that1and2are significant. d.The coefficient of X2(number of advertising spots) The coefficient of 0.4733 means that a unit change in number of advertising spots causes a 0.4733 unit change in dependent variable (phone sales). e.Number of phones sold numberofphonessold=0.4977(20,000)+0.4733(10)+0.8051 numberofphonessold=9,959.54∨9960