Data Analysis: Frequency Table, Histogram, Regression Model and Hypothesis Testing
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Added on 2023/06/11
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This article covers data analysis techniques such as frequency table, histogram, regression model and hypothesis testing with examples and interpretations.
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Data analysis1 Name Tutor Institution Date
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Data analysis2 NO. 1 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.Frequency distribution histogram for percentages 123 - 173174 - 224225 - 275276 - 326327 - 377378 - 428429 - 479480 - 530 0% 5% 10% 15% 20% 25% 30% 35% % frequency Class 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.The results are F (2, 47) = 74.13, and the p-value tabulated is 0.000. Compared to alpha value which is 0.05 (greater than p-value), the decision is rejecting the null hypothesis. It is concluded that demand and price are related. b.Finding the Coefficient of determination Coefficientofdetermination=RegressionSumofSquares 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 QUESTION 3 Hypothesis H0:The mean of all treatments are equal Versus H1:At least one treatment has a different mean The results are F (2, 23) = 16.43, and the p-value tabulated is 0.000. Compared to alpha value which is 0.05 (greater than p-value), the decision is rejecting the null hypothesis. It is concluded thatat least one mean is different.
Data analysis4 QUESTION 4 a.The regression model y=0.4977(X1)+0.4733(X2)+0.8051 Wherey=numberofphonessold X1=price X2=Numberofadvertisingspots b.Is the model significant 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 Since the p-value 0.001 is less than 0.05, we conclude that1and2are significantly different from zero. d.The slope of number of advertising spots The slope is 0.4733. It means that one unit change in number of advertising spots leads to a 0.4733 unit change in phone sales. e.Number of phones sold numberofphonessold=0.4977(20,000)+0.4733(10)+0.8051 numberofphonessold=9,959.54∨9960