Frequency Distribution, Hypothesis Testing, Regression Analysis
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Added on  2023/06/12
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This article covers solved examples on frequency distribution, hypothesis testing, and regression analysis. It includes formulas, test statistics, P-values, and interpretations. The subject is not mentioned. The course code, course name, and college/university are not mentioned.
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Answer 1 (a)The frequency distribution, relative frequency distribution, and percent frequency distribution is given below: BinFrequency distribution Relative frequency distribution Percent frequency distribution 120000.00% 17080.1616.00% 220150.330.00% 270120.2424.00% 32040.088.00% 37050.110.00% 42020.044.00% 47020.044.00% 52020.044.00% Total501100.00% (b)The histogram of percent frequency distribution is given below: 120170220270320370420470520 0.00% 5.00% 10.00% 15.00% 20.00% 25.00% 30.00% 35.00% 0.00% 16.00% 30.00% 24.00% 8.00% 10.00% 4.00%4.00%4.00% Class Frequency The maximum of the furniture values belongs to the left side and tail at the right side, so data is positively skewed. (c)The median would be best measure for skewed data because it does affected by outliers. Answer 2 (a)The null hypothesis is,and the alternate hypothesis is. Thet-test will be used to test the hypothesis. The test statistic value is calculated below: The,P-Value is calculated in Excel which is (0.000) is less than the 5% level of significance, so the null hypothesis of the test gets rejected. Hence, demand and unit price are related. (b)The value ofis. The value of R-Square indicates that 61.7% of the variation in demand can be explained by the unit price in the model and rest of the variation remains unexplained. (c)The coefficient of correlation is. So, the value of the correlation coefficient is 0.7855, which indicates a strong positive relationship between demand and the unit price. As, the unit price increases demand also increases. Answer 3 The formulas of the completely randomized design is given below: Source of variationSum of squares Degrees of freedom Mean squareF- Statistic Between Treatments SSTR Within TreatmentsSSE TotalSST The required values are calculated below: Source of variation Sum of squares Degrees of freedom Mean squareF-Statistic Between Treatments 390.58 Within Treatments 158.40 Total548.9823 TheP-value is calculated in Excel, theP-Value (0.000) is less than the 5% level of significance, so the null hypothesis of the test gets rejected. Hence, there is statistically significance difference among the means of the three populations.
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Answer 4 (a)The estimated regression equation relatingYtoandis given below: (b)The null hypothesis for the test is. And, the alternative hypothesis is . The value ofF-test statistic is, The,P-Value calculated in excel, theP-Value is (0.000) is less than the 5% level of significance, so the null hypothesis of the test gets rejected. Hence, there is a significant relationship between all independent variables and dependent variables. (c).The null hypothesis is,and the alternate hypothesis is. Thet-test will be used to test the hypothesis. The test statistic value is calculated below: The,P-Value calculated in Excel which is (0.000). TheP-value is greater than the 5% level of significance, so the null hypothesis of the test does not get rejected. Hence,is not different from 0. The null hypothesis is,and the alternate hypothesis is. Thet-test will be used to test the hypothesis. The test statistic value is calculated below: The,P-Value calculated in excel which is (0.000). TheP-value is is greater than the 5% level of significance, so the null hypothesis of the test does not get rejected. Hence,is different from 0. (d)The estimated slope for advertising sportsis 0.4733, the slope indicates that as the advertising sports increases by 1 the mobile phone sold per day will increases by 0.4733 percentages. (e)The predicted value of mobile phones that will be sell is, Hence, about 15 mobile phones that would be sell if company charges $20000 using 10 advertising sports.