Statistics Assignment: Task 1 & 2 - Hypothesis Testing & Regression
VerifiedAdded on 2020/04/01
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Homework Assignment
AI Summary
This statistics assignment presents an analysis of data using Excel, encompassing two main tasks. Task 1 involves calculating descriptive statistics such as mean, median, mode, and variance, and performing an ANOVA test to compare average startup costs across businesses. The assignment provides tables, frequency distributions, and identifies the skewness in startup costs. Task 2 focuses on regression analysis, presenting an equation derived from Excel output, evaluating the model's fit using R2 values, and conducting hypothesis testing for the regression coefficients. The assignment includes significance tests, confidence intervals, and a conclusion on the significance of independent variables, demonstrating a comprehensive approach to statistical analysis and modeling.
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