Statistics - Study Material with Solved Assignments, Essays, Dissertations
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Get access to a wide range of study material on Statistics including solved assignments, essays, dissertations, and more. This article covers topics such as frequency distribution, linear regression, ANOVA, and multiple regression. It also includes tables and figures to help you understand the concepts better.
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Running Head: STATISTICS Statistics Name of the student: Name of the university: Course ID:
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1STATISTICS Table of Contents Ans 1................................................................................................................................................3 Ans 1a..........................................................................................................................................3 Ans 1b..........................................................................................................................................3 Ans 2................................................................................................................................................4 Ans 2a..........................................................................................................................................4 Ans 2b..........................................................................................................................................5 Ans 2c..........................................................................................................................................5 Ans 2d..........................................................................................................................................5 Ans 2e..........................................................................................................................................5 Ans 3................................................................................................................................................6 Ans 3a..........................................................................................................................................6 Ans 3b..........................................................................................................................................6 Ans 4................................................................................................................................................7 Ans 4a..........................................................................................................................................8 Ans 4b..........................................................................................................................................8 Ans 4c..........................................................................................................................................8 Ans 4d..........................................................................................................................................9 Ans 4e........................................................................................................................................10
2STATISTICS Table of tables Table 1: The table of frequency distribution...................................................................................3 Table 2: Linear regression model of ‘Unit Price’ and ‘Supply’......................................................4 Table 3: One-way ANOVA table....................................................................................................6 Table 4: Multiple regression............................................................................................................7 Table 5: First linear regression model.............................................................................................9 Table of Figures Figure 1: Histogram for frequency of examination scores (in %)...................................................3
3STATISTICS Ans 1. Ans 1a. Table1: The table of frequency distribution Ans 1b. Figure1: Histogram for frequency of examination scores (in %) The shape of the distribution of examination score of 20 students depicts that-
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4STATISTICS Generally, higher examination score includes higher frequencies. The left tail of the distribution of examination scores is shorter than its right tail. The distribution of examination score is left-skewed where mode is greater than median and median is greater than mode. Ans 2. Table2: Linear regression model of ‘Unit Price’ and ‘Supply’ Ans 2a. The size of the sample is 41. Ans 2b.
5STATISTICS The null hypothesis in the concerned linear regression model, of that of non-significant relationship between the dependent and independent variables of the concerned study cannot be rejected (with probability of 95%). This is because, here, the p-value of X (Unit Price) is 0.175156156, which is larger than the 0.5 significance level. This in turn, implies that there existsstatisticalaswellaslinearrelationshipbetweenthedependentvariableandthe independent variable. Ans 2c. In the concerned model, the value of the co-efficient of determination is 0.047996, which in turn indicates towards the fact that in this model 4.799% of the variations of X can be explained by that of the dynamics of Y. Ans 2d. The concerned model highlights the presence of a weak and positive correlation between the variables taken into consideration (Supply and Unit Price) as the value of the Pearson’s correlation co-efficient is as follows: 0.0 ≤ r = 0.21908 ≤ 0.3 This in turn asserts that there is no significant linkage between the concerned study variables. Ans 2e. For the concerned model, the equation for linear regression is as follows: Y =0.029*X + 54.076 Thus, when the value of X (Unit Price) is $50,000, then the value of the dependent variable can be seen to be as follows: Y = [(0.029*50000) + 54.076] Y = 1504.076, which in turn shows that the predicted supply is 1504.076 units. Ans 3. Ans 3a.
6STATISTICS Table3: One-way ANOVA table Ans 3b. The hypotheses formed at 5% significance level are as follows: H0: Mean scores of the programs equals one another. H1: There is one or more in-equality among the mean scores of all the programs. The null hypothesis, in this case can be rejected at the 95% probability level as the p- value (0.00557) of the F-statistics (6.140351) is lower than that of the 5% significance level. Thus, by accepting the alternative hypothesis, it can be seen that the workers in the Program C are more productive than those in rest of the programs. Recommendation- The programmers in Program C are more effective and thus should be more acceptable. Ans 4. Here, the data is recorded as follows:
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7STATISTICS Response factor- Weekly sales data of the products (y) Predictor factors: Per unit price of the product of the competitor (x1) Expenditures on advertisement (x2) Table4: Multiple regression Ans 4a. The equation for predicted regression for the concerned model is as follows: Y (Sales) = 3.597615086 + 41.32002219*X1 (Price) + 0.013241819*X2 (Advertising)
8STATISTICS Ans 4b. In the concerned model: The level of significance for the F-test is 10%. The p-value is 0.052643614<0.1. Thus, in 90% probability the null hypothesis is rejected and the multiple regression model can be seen to be statistically significance at 10% level. Ans 4c. In this model, the p-values are as follows: p-value of price = 0.036289 which is less than 5% p-value of advertisement = 0.969694 which is more than 5% This in turn indicates towards the fact that the significant factor is Price and the insignificant one is Advertising.
9STATISTICS Table5: First linear regression model Ans 4d. In this multiple regression model, the factor (Advertising) being an insignificant one is dropped. Thus, now, the sale is the only dependent factor and price is the independent factor, which in turn makes the linear regression model equation to be as follows: Y (Sales) = 3.58178844 + 41.6030534*X1(Price)
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10STATISTICS Ans 4e. In this regression model, the value of β (slope) = 41.6030534 which implies the presence of a positive linkage between sales (response variable) and price (predictor variable). Also, according to the concerned linear regression model, the sales increase by 41.6 units for one unit hike in the price level and vice-versa.