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1. Analysis on USA’s exports and imports of goods and services Save Business Statistics Assignment
Graphs and Written ... For Later Elite • xx Found helpful • xx Pages • xx Years Old 25. Business
Statistics (BUS 505) Assignment II Population Mean Absolute Deviation: MAD= X N N i = 12 å i -
x = 1 m 50 = 4.17 =12 Sample Mean Absolute Deviation: Xi Xi- μ Xi -mx 12 2.17 2.17 07 -2.83
2.83 04 -5.83 5.83 16 6.17 6.17 21 11.17 11.17 05 -4.83 4.83 09 -0.83 0.83 3 -6.83 6.83 11 1.17 1.17
14 4.17 4.17 10 0.17 0.17 06 -3.83 3.83 Total: 0 50 Xi Xi- X Xi -X 09 0.17 0.17 3 -5.83 5.83 11 2.17
2.17 14 5.17 5.17 10 1.17 1.17 06 -2.83 2.83 Total: 0 17.34 Page 44 Search for over 200,000 study
notes and past assignments! Results following these limitations are not accurate but approximate. It
can also be established that statistics can be misused by data placed on an inexperienced person,
which may lead to wrong results. Finally, note that only persons having a fundamental knowledge of
statistical methodology can handle the data properly. 18. Business Statistics (BUS 505) Assignment
II x s s x = 5.1984 = 2.28 = 2 Sample Variance: 2 x S = - å = = X nX 1 2 5 1 2 - n n i i = (2.92 +
6.82 + 7.32 + 8.22 + 4.32 ) - 5(5.9)2 - 5 1 193.67 -174.05 = 4 =4.905 Sample Standard Deviation: Sx
= 4.905 = 2.2147 x S = 2 Population Mean Absolute Deviation: MAD= X N N i å = i - x = 10 1 m
19.6 = 1.96 = 10 Xi Xi- μ Xi -mx 10.2 4.26 4.26 3.1 -2.84 2.84 5.9 -0.04 0.04 7.0 1.06 1.06 3.7 -2.24
2.24 2.9 -3.04 3.04 6.8 0.86 0.86 7.3 1.36 1.36 8.2 2.26 2.26 4.3 -1.64 1.64 Total: 0 19.6 Page 37 The
following points explain the scope of the statistics: Q2. b) Working full-time was shown to be the
most ‘typical’ work situation within the sample with a frequency of 194 people. Approximately 44%
of respondents are currently under this work situation. Language proficiency: If students are non-
native, they lack proficiency and command over the language. Hence, they face challenges while
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role with their firm command of the language. All these words means ‘political state’ or ‘stateman’s
art’. This means statistics has a deep relation with the state. In ancient times the statistics is
considered as Science of kings or science of statecraft and is associated with: Download Now Recent
a. BOX AND WHISKER PLOTS Looking at Figure 2, it is clear that the box plot of imports is
slightly left-skewed where the mean < median, while the box plot of exports is symmetric as mean =
median with no outliers found in the dataset. This suggests that the mean is still reliable and the most
suitable measurement for central tendency. Figure 2. Exports and Imports of Goods and Services
(%GDP) of Norway © Machinep 2024 | All rights reserved. | Smart U. Obiaraije × 5. 4 Table 3.
Gender Frequency Frequency Percent Valid Percent Cumulative Percent Valid Boy 3809 50.2 50.2
50.2 Girl 3780 49.8 49.8 100.0 Total 7589 100.0 100.0 Figure 1. Sample Gender in Percentage From
Table 3, in the sample of 7589 respondents, 50.2% are boy (3809) and 49.8% (3780) are girl. Figure
1 displayed the gender percentage. 16 Pages • Complete Study Notes • Year: Pre-2021 The Scope of
statistics also includes the area of research. Any kind of research work is incomplete without the use
of Statistics. It plays an important role in the empirical investigation of the laws and theories of
various branches of study. It helps in verifying the practical validity of the laws and theories of
various branches of study. Download to read offline To begin with, the mean value of exports is 39
and the mean value of imports is 30. which suggests that the average mean of trade surplus is
approximately 10% of GDP. Also, it can be noticed that the median value of exports (39) and the
median value of imports (30) is very close to the mean values of both exports and imports which
reveals that Norway is maintaining stable exports and imports over the years with not so many
volatile movements. Furthermore, Table 1 demonstrates that there is no mode for both exports and
imports since the dataset does not have any single values that occurred most frequently. Additionally,
there are no outliers for the exports dataset as: No observation value < Q1 - 1IQR = 31 or Q3 +
1IQR = 45. There are no outliers for the imports dataset as well because No observation value < Q1 -
1IQR = 21 or Q3 + 1IQR = 39. 2. 1 Table of contents Section number and title page 1. Description
of secondary school student alcohol consumption dataset 2 2. Descriptive and summary statistics 3 3.
One-tailed test about a population proportion 7 4. Chi-square test of association 9 5. Correlation 11
6. Further analysis 12 7. Limitation 12 8. Conclusion 12 List of references 13 Appendices Appendix
1. Survey questions 14 Appendix 2. Cross tab 16 List of tables Table 1. Variables used 3 Table 2.
Summary statistics 3 Table 3. Gender frequency 4 Table 4. School year 5 Table 5. Ever had a proper
alcoholic drink 6 Table 6. Chi-square test 9 Table 7. Symmetric measures 9 Table 8. Correlation
between family attitude and drinking frequency 11 List of figures Figure 1. Sample gender in
percentage 4 Figure 2. School year in percentage 5 Figure 3. Ever had a proper alcoholic drink 6 I
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We deliver original and unique custom assignment help. Be rest assured to get an essay written from
scratch. Business statistics play a vital role in tax preparation, budgeting, proposals, and data mining.
Definitely, business statistics involve aspects of mathematics, management, and market research. It
refers to group of numerical data collected in a systematic manner with some definite objective.
According to Figure 3, the shape of the distribution for exports is symmetric because the value of
mean (39) is very close to the value of the median (39), while the shape of the distribution for
imports is slightly left-skewed with a long tail on the left side, especially in the year 1986 which
indicates that the observations are more concentrated on the right side. Your email address will not
be published. Required fields are marked * Hanmy on February 23, 2021 at 5:18 AM Apart from the
above mentioned areas, the scope of statistics also extends to the fields of Chemistry, Sociology,
engineering, accounting, auditing etc. It is instrumental in enhancing human welfare and as such is a
master key that enables us to solve the problems of mankind almost in every field. We had a great
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January 11, 2023 at 5:12 PM Documents similar to "Business Statistics assignment" are suggested
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our next event to come to play? Visit our showroom to try out our products. However, by using
historical data, managers can analyze past successes and failures. This is known as “cause and effect
analysis.” Furthermore, managers use the predictive analysis of statistical techniques (such as data
mining and modeling) to predict future possibilities and trends based on historical data. But at
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3. Given x, n, and P, we can compute the binomial probability based on the following formula: 3. 2 1.
Description of secondary school student alcohol consumption dataset The secondary data was
obtained from UK Data Service (2014). The dataset was collected through a survey conducted by
National centre for Social Research (2012) on secondary school pupils (aged 11 to 15) . The survey
(see Appendix 1) aim to gain insight on the number of youth alcohol drinkers and their drinking
behaviour. A total of 7589 valid responses were gathered. The key reason for selecting this dataset is
to gain insight on student drinkers so as to develop effective strategies to curb underage drinking. A
body of evidence suggest that drinking at a young age, in particular heavy and regular drinking, can
result in physical or mental problems and put childern at risk of alcohol related accident or injury.
More broadly it is also associated with missing or falling behind at school, violent and antisocial
behaviour. It is therfore necessary to develop strategies to tackle problem drinking at both national
and local level. This report will firstly provide descriptive and summary statistic about the sample.
Next, it will conduct one-tailed population proportion hypothesis test to investigate the proportion of
UK pupils who drank alcohol before. This is followed by Chi-square test to ascertain if peer pressure
and student alcohol consumption frequence are associated. Following next, correlation analysis will
be conducted to investigate the strength of type of relationship between family attitude and student
drinking frequency. The report will also mention on further analysis and limitation of dataset.
Admittance to a wide verity and individual statistic assignment help 1. MEASURES OF CENTRAL
TENDENCY Mean Median Mode Exports 39 39 N/A Imports 30 30 N/A Table 1. Measures of
central tendency for Exports and Imports (%GDP) of Norway Enter your e-mail and subscribe to
our newsletter for special discount offers on homework and assignment help. This goes beyond
reporting what has created the best estimates for what will happen. Nevertheless, some common
applications of predictive analytics include fraud detection and security, risk assessment, marketing,
and operations. Carter on February 23, 2021 at 8:37 AM Click here Courses 15. 14 Appendix 1.
Survey questions Are you a boy or a girl? Boy Girl Which year are you at school? Year 7 Year 8 Year
9 Year 10 Year 11 How old are you now? _______Years old Have you ever had a proper alcoholic
drink? Yes No How often do you usually have an alcoholic dink in a month? 0-3 times 4-7 times 8-
11 times 12-15 times 16-19 times 20-23 times 24-27 times (7) 28-31 times (8) How do your parents
/guardian feel about you drinking alcohol? They won’t like me to drink alcohol at all (1) They don’t
like but allow me to drink limited amount They won’t mind as long as I don’t drink too much They
would let me drink as much as I like Wilfer on January 9, 2021 at 11:59 AM Thank you for writing
about this topic. Your post really helped me and I hope it can help others too. Essays / Projects are
typically greater than 5 pages in length and are assessments that have been previously submitted by a
student for academic grading. Access to this resource on the server is denied! Hong Koeneman on
April 9, 2022 at 10:46 PM 18. Business Statistics (BUS 505) Assignment II x s s x = 5.1984 = 2.28
= 2 Sample Variance: 2 x S = - å = = X nX 1 2 5 1 2 - n n i i = (2.92 + 6.82 + 7.32 + 8.22 + 4.32 ) -
5(5.9)2 - 5 1 193.67 -174.05 = 4 =4.905 Sample Standard Deviation: Sx = 4.905 = 2.2147 x S = 2
Population Mean Absolute Deviation: MAD= X N N i å = i - x = 10 1 m 19.6 = 1.96 = 10 Xi Xi- μ
Xi -mx 10.2 4.26 4.26 3.1 -2.84 2.84 5.9 -0.04 0.04 7.0 1.06 1.06 3.7 -2.24 2.24 2.9 -3.04 3.04 6.8
0.86 0.86 7.3 1.36 1.36 8.2 2.26 2.26 4.3 -1.64 1.64 Total: 0 19.6 Page 37 Apart from the above
mentioned areas, the scope of statistics also extends to the fields of Chemistry, Sociology,
engineering, accounting, auditing etc. It is instrumental in enhancing human welfare and as such is a
master key that enables us to solve the problems of mankind almost in every field. EXAMPLE: Use
of statistics for framing the policy of poverty alleviation, population control, inflation control, money
supply etc. 14. Business Statistics (BUS 505) Assignment II Question: 05 42 29 21 37 40 33 38 26
39 47 Ascending Order for this Population Number: 21 26 29 33 37 38 39 40 42 47 33 38 26 39 47
Ascending Order for this Sample Number: 26 33 38 39 47 Q1 +Q3 = 2 Population Mid Hinge: = 2
28.25+40.5 =34.375 Here, Q1 =.25 (N +1)th =.25(10+1)th=2.75th =26+.75(29-26) =28.25 Q3=.75
(N +1)th =.75(10 +1)th= 8.25th = 40+.25(42-40) = 40.50 Q1 +Q3 = 2 Sample Mid Hinge: = 2
29.5+43 =36.25 Here, Q1 =.25 (n +1)th =.25(5+1)th =1.5th =26+.5(33-26) =29.5 Q3=.75 (n +1)th
=.75(5+1)th = 4.5th = 39+.50(47-39) = 43 Population Inter Quartile Range (IQR): Q3 – Q1= 40.50 –
28.25 = 12.25 Sample Inter Quartile Range (IQR): Q3 – Q1= 43– 29.5 = 13.5 Population Variance: x
s 2 2 å = = 10 1 = ( ) 10 N i Xi - 2 x m 422 + 292 + 212 + 372 + 402 + 332 + 382 + 262 + 392 + 472
- (35.2)2 = 10 = 10 12954 - 1239.04 = 56.36 Population Standard Deviation: x s s x = 56.36 = 7.507
= 2 Page 33 Download to read offline Q1. c) The data shown in the graph and table represents the
time taken to travel to work, and services both raised. However, as the USA imported more goods
and services than it exported, this © 2013 - 2024 studylib.net all other trademarks and copyrights are
the property of their respective owners 0 ratings I must spend a while studying much more or
understanding more. If the F value obtained is within the significance level interval than the t-test for
equal variance is used to test the null hypothesis “Statistics may be defined as the science of
collection, presentation, analysis, interpretation of numerical data.” To make a rational decision about
any aspect of a business, it is of utmost importance to refer to the statistics of the business, which
enables the enterprise to study the presentation of data and other information statistically. Gathering
all the data and information needed for decision-making always seems impossible without well-
defined statistics of operation over time. In singular sense, statistics refers to a science of all those
statistical methods and techniques which are related with various stages of statistical analysis.
Thanks for making this comprehensive… Imam Frod on August 21, 2021 at 3:37 AM
Studylists 17. Business Statistics (BUS 505) Assignment II Question: 06 10.2 3.1 5.9 7.0 3.7 2.9 6.8
7.3 8.2 4.3 Ascending Order for this Population Number: 2.9 3.1 3.7 4.3 5.9 6.8 7.0 7.3 8.2 10.2 2.9
6.8 7.3 8.2 4.3 Ascending Order for this Sample Number: 2.9 4.3 6.8 7.3 8.2 Q1 +Q3 = 2 Population
Mid Hinge: = 2 3.55+7.53=5.39 Here, Q1 =.25 (N +1)th =.25(10+1)th=2.75th =3.1+.75(3.7-3.1)
=3.55 Q3=.75 (N +1)th =.75(10 +1)th= 8.25th = 7.3+.25(8.2-7.3) = 7.53 Q1 +Q3 = 2 Sample Mid
Hinge: = 2 3.6+7.75 =5.675 Here, Q1 =.25 (n +1)th =.25(5+1)th =1.5th =2.9+.5(4.3-2.9) =3.6
Q3=.75 (n +1)th =.75(5+1)th = 4.5th = 7.3+.50(8.2-7.3) = 7.75 Population Inter Quartile Range
(IQR): Q3 – Q1= 7.53 – 3.55 = 3.98 Sample Inter Quartile Range (IQR): Q3 – Q1= 7.75– 3.6 = 4.15
Population Variance: x s 2 2 å = = 10 1 = ( ) 10 N i Xi - 2 x m 10.22 + 3.12 + 5.92 + 7.02 + 3.72 +
2.92 + 6.82 + 7.32 + 8.22 + 4.32 - (5.94)2 = 10 = 10 404.82 - 35.2836 = 5.1984 Population Standard
Deviation: Page 36 Is that this a paid topic or did you customize it yourself? School of Business and
Economics Thanks for making this comprehensive… 0% Statistics are numerical statement of facts
capable of analysis and interpretation as well as study of the methods used in collection,
organization, presentation, analysis and interpretation of numerical data. United International
University, MBA Statistical analysis enables an enterprise to measure the performances of a business
and identify trends. This enables the enterprise to make a rational decision, knowing that its
judgment is based on data and facts rather than mere assumptions. As a result, better planning and
predictions are made through statistical analysis of data and figures. Access to this resource on the
server is denied! The data in this article is collected from Apple’s annual reports from Annual
Reports. Since this data relates to Apple’s own business, and is measured and reported annually, the
data is considered a sample data. The main type of data used in this article is continuous data as it
measures the revenue every quarter. Your email address will not be published. Required fields are
marked * Import >, <, = Export Range 7 > 6. Interquartile Range 4 > 2. Variance 5 > 2. Standard
Deviation 2 > 1. Coefficient of Variation (%) 18% > 16% Figure 3. Measures of Variation of USA’s
Imports and Exports of goods and services (% of GDP) Clerical/other non-managerial exhibited the
highest frequency within the sample with 113 people, making it the most ‘typical’ occupation.
Within the sample of people who listed their occupation, 38% gave their occupation as semi-
professional/managerial. You don't have any books yet. Carter on February 23, 2021 at 8:37 AM 1.
Business Statistics (BUS 505) Assignment 6 Answer to the question no -34 1 Let, Ai = Frequency of
Unit [i = 1, 2, 3….] Bj = Purchase of generic products [j = 1, 2, 3….] a. P(A1 ) 1B = P(A1) P(B1)
= .19 .79 = .12 b. ( A1│B3) = P A B ( 1 3) P ( B 3) .19 = .27 =.7037 c. ( A1│B3) = P(A1)
P(B3) .19 = .79 .27 .19 ≠ .2133 So, they are not statistical independent. d. (B1│A2) = P B A ( 1
1) P ( A 2) = 07. 21 . =.333 e. P(B1 ) 2A =P(B1) P(A1) .07 = .19 .21 .07 ≠ .0399 So, they are
not statistical independent. f. P(A1) = P(B1)+P(B2)+P(B3) =.12+.48+.19 =.79 g. P (B3) = P (A1)
+P (A2) = .19+.08 =.27 h. P (A1 B3) =P(A1)+P(B3)- P(A1 B3) = .79+.27-.19 =.87
FREQUENCY OF VISIT PURCHASE OF GENERIC PRODUCT OFTEN(B1) SOMETIMES(B2)
NEVER(B3) TOTAL Frequent(A1) .12 .48 .19 .79 Infrequent(A2) .07 .06 .08 .21 TOTAL .19 .54 .27
1.00 11. Business Statistics (BUS 505) Assignment II Question: 04 2 4 2 3 5 4 3 2 Ascending Order
for this Population Number: 2 2 2 3 3 4 4 5 3 5 4 3 2 Ascending Order for this Sample Number: 2 3 3
4 5 Q1 +Q3 = 2 Population Mid Hinge: = 2 2+4 =3 Here, Q1 =.25 (N +1)th =.25(8+1)th =2.25th
=2+.25(2-2) =2 Q3=.75 (N +1)th =.75(8+1)th = 6.75th = 4+.75(4-4) = 4 Q1 + Q3 = 2 Sample Mid
Hinge: = 2 2.5 +4.5 =3.5 Here, Q1 =.25 (n +1)th =.25(5+1)th =1.5th =2+.5(3-2) =2.5 Q3=.75 (n
+1)th =.75(5+1)th = 4.5th = 4+.50(5-4) = 4.5 Population Inter Quartile Range (IQR): Q3 – Q1= 4 – 2
= 2 Sample Inter Quartile Range (IQR): Q3 – Q1= 4.5– 2.5 = 2 Population Variance: x s 2 ( ) = X N
N i å = 8 i = 1 2 - 2 x m = 22 + 42 + 22 + 32 + 52 + 42 + 32 + 22 - (3.125)2 8 = 1.11 Population
Standard Deviation: Page 30 Q1. b) This interpretation highlights the varying levels of work
situations within the sample. Gregorio on December 8, 2022 at 9:48 PM I am really impressed with
your writing skills and also with the format on your weblog. Essays / Projects are typically greater
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Sx x 100 = 18.23 S CV = X 7.51 x100 = 41.20% Page 41 Chat with our experts. we are online and
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“Planning is the order of the day and without statistics, planning is inconceivable”. Scope of
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Elite • xx Found helpful • xx Pages • xx Years Old Statistics And Probability Evelyn on August 9,
2022 at 2:26 AM Porter Roland on July 27, 2021 at 9:14 AM Study from your library anywhere,
anytime. Great site. A lot of useful info here. I am sending it to a few friends ans also sharing in
delicious. And of course, thanks for your sweat! To sum up, from 1986 to 2018, USA imported more
goods and services than it exported based on the three measures mentioned above. Specifically,
imports have a higher mean than exports indicating that the USA was buying more goods and
services than it was selling. According to the line chart, the data spread of both imports and exports
are pretty similar, however, the values of imports are higher than exports consistently through the
years. In terms of measures of shapes, histogram of both imports and exports are right-skewed, and
there are no visible outliers, therefore, no drastic change of mean is shown, and the values stay
consistent. The box-and-whisker plot with the five-number summary also gives some comparison
between the half and quartile of the two datasets. One of the factors that can affect the imports and
exports of goods and services of the USA is their competitors. Other countries are developing in a
very high pace, and the more countries enter the market of importing and exporting, the more options
the customers get to choose. Another factor that is essential to imports and exports of a country is
labor. The USA needs to keep their labor force productive and motivated in order to produce more
per person. With skilled labor, the country might be able to work with highly complex electronics,
while the unskilled labor could specialize in simple manufacturing. Efficient use of Statistic Tools
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to get an ISO series certificates which have increased the scope of statistics. Q2. c) The variable of
travel is not a normal distribution because the mode, median and mean are not all equal. The mean is
19, the median is 20 and the mode is 17. Therefore it is slightly right-skewed as
mode<mean<median, with skewness of 0. The five-number summary: Minimum: 8 Lower quartile: 17
Median: 20 Upper quartile: 24 Maximum: 33 Study from your library anywhere, anytime.
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Import
>,
<,
=
Export
Range
7
>
6.
Interquartile
Range
4
>
2.
Variance
5
>
2.
Standard
Deviation
2
>
1.
Coefficient
of
Variation
(%)
18%
>
16%
Figure
3.
Measures
of
Variation
of
USA’s
Imports
and
Exports
of
goods
and
services
(%
of
GDP)
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As
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plot, 25% of the time the USA imported from 11% to 13% of GDP, which is about 1% more; at the
same time, on the other hand, the USA exported from 9% to 10%, which is only about 1% more. In
addition, 50% of goods imported was over 13% of GDP, while 50% of goods exported was only
over 10%. Overall, the box-and-whisker plot provides a clearer and more effective visualization of
the
data to summarize and compare the performance of the two datasets than histograms. 5. Business
Statistics
(BUS 505) Assignment 5 P (AÈ B) =P (A) +P (B) P - P (AÇ B) =30%+25%-20% =35% 19) A music
store owner finds that 30% of customers entering the store ask an assistant for help and that 20%
make
a
purchase before leaving. It also found that 15% of all customers both ask for assistant and make a
purchase. What is the probability that a customer does at least one of these two things? Answer: Let,
A denotes “Customer entering the store ask an assistant for help” B denotes “Customer entering the
store make a purchase before leaving” Given that, P (A) =30% or .30, P (B) =25% or .25, P (A B)
=15% or .15 and P (A B) =? We know that, P (A B) = P (A) + P (B) - P (A B) = .30 +. 20 - .15
=
.35 20) Refer to the information in Exercise 19, and consider the two events “customer ask for
assistance” and “customer makes purchase.” In answering the following questions, provide reasons
expressed in terms of probabilities of relevant events. (a) Are the two events mutually exclusive? (b)
Are the two events collectively exhaustive? (c) Are the two events statistically independent? Answer:
a) The two events A and B are not mutually exclusive. Because, P (A B) not equal to 0. b) The two
events A and B are not collectively exhaustive. Because, P(A B) not equal to P (S) = 1. c) The two
events A and B are not statistically independent. Because, P (A) P (B) not equal to P (A B). 22) A
mail - order firm considers three possible foul – ups in filling an order: A: The wrong item is sent. B:
The item is list in transit. C: The item is damaged in transit. Assume that event A is independent of
both B and C and that events B and C are mutually exclusive. The individual event probabilities are
P(A) = .02, P(B) = .01, and P(C) = .04. Find the probability that at least one of these foul – ups
occurs for a randomly chosen order. Answer: Let, A = “The wrong item is sent” B = “The item is lost
in
transit” 5 I must spend a while studying much more or understanding more. 4. Binomial Formula.
Suppose a binomial experiment consists of n trials and results in x successes. If the probability of
success on an individual trial is P, then the binomial probability is: Admittance to a wide verity and
individual statistic assignment help Copyright © 2010-2024 Tutorhelpdesk.com Statistics are
numerical statement of facts capable of analysis and interpretation as well as study of the methods
used in collection, organization, presentation, analysis and interpretation of numerical data. in reality
excellent : D. Good job, cheers NG-H on January 21, 2021 at 3:54 PM Q1. a) This graph represents
the
frequency of occupation categories amongst respondents in a way that allows for a clear analysis to
be made. 13. 12 6. Further Analysis The researcher would like to conduct multiple regression analysis
on
the
dataset to model the form of the relationship on pupil drinking behaviour (dependent) and other
independent variables. Besides that, factor analysis could be applied to identify and confirm the
dimensionality of existing scales. Furthermore, the researcher would also like to conduct cluster
analysis on the dataset to segment student drinkers base on different characteristics. These further
analysis allows researchers to gain insight on student drinkers so that effective actions could be taken
to
curb alcohol consumption among young pupils. 7. Limitation The use of stratified sampling in this
research
could lead to sampling bias as stratas are difficult to identify. In addition, in this research, the stratas
were divided according to school type (comprehensive, secondary modern, grammar and private).
One
key
assumption of stratified sampling is that the stratas are homogenous. However, there is a possibility
that
the
stratas are heterogenous. For example, in private schools there are single and mixed gender schools,
also there are international schools. Another limitation of this research was questionnaire
administartion. Students were given paper copy of the questionnaire and were asked to complete the
questionnaire within 60 minutes, under exam condition with teacher supervision. The use of paper
questionnaire leads to many missing values as students did not answer all questions. Besides that, the
duration of questionnaire was too long, students might lose interest and not complete the
questionnaire. Lastly, the presence of teacher supervision might pressure students to provide socially
desirable answers. Future researcher could conduct computer adminstrated questionnaires with skip
logic and compulsary questions. This would reduce the number of missing values. The duration of the
questionnaire could be shortened to around 20 minutes to prevent students from losing interest.
Lastly, there would be no teacher supervision to avoid any pschological pressure on students. 8.
Conclusion In conclusion, this report has presented descriptive and summary statistic about the
sample. It also conducted hypothesis test on population proportion of UK pupils who drank alcohol
at least one. Chi-square test was also conducted to ascertain if peer pressure and drinking frequency
were associated. Correlation test was conducted to measure the strength of type of relationship
between family attitude and drinking frequency. Lastly, this report also mentioned on further
analysis and limitation of dataset. (026134 ) Q2. c) The variable of travel is not a normal distribution
because the mode, median and mean are not all equal. The mean is 19, the median is 20 and the
mode is 17. Therefore it is slightly right-skewed as mode<mean<median, with skewness of 0. The
five-number summary: Minimum: 8 Lower quartile: 17 Median: 20 Upper quartile: 24 Maximum: 33
E243cs Freshwater Food Chain Mobile EXAMPLE: In geography data concerning temperature level
over the years can be collected and analyzed with the help of the statistics. Download to read offline
Statistical analysis enables an enterprise to measure the performances of a business and identify
trends. This enables the enterprise to make a rational decision, knowing that its judgment is based on
data and facts rather than mere assumptions. As a result, better planning and predictions are made
through statistical analysis of data and figures. 17. 16 Appendix 2. Cross Tab Case Processing
Summary Cases Valid Missing Total N Percent N Percent N Percent People my age drink because
ofpressure from friends * (D) Usual drinking frequency (8 cat) 6981 92.0% 608 8.0% 7589 100.0%
Books However, business statistics involve applying statistical tools in marketing, production,
finance, research development, and human resource planning, which are used to extract relevant
information
for
decision-making.
_________________________________________________________________________ 14.
Business Statistics (BUS 505) Assignment II Question: 05 42 29 21 37 40 33 38 26 39 47 Ascending
Order for this Population Number: 21 26 29 33 37 38 39 40 42 47 33 38 26 39 47 Ascending Order
for
this Sample Number: 26 33 38 39 47 Q1 +Q3 = 2 Population Mid Hinge: = 2 28.25+40.5 =34.375
Here, Q1 =.25 (N +1)th =.25(10+1)th=2.75th =26+.75(29-26) =28.25 Q3=.75 (N +1)th =.75(10
+1)th= 8.25th = 40+.25(42-40) = 40.50 Q1 +Q3 = 2 Sample Mid Hinge: = 2 29.5+43 =36.25 Here,
Q1 =.25 (n +1)th =.25(5+1)th =1.5th =26+.5(33-26) =29.5 Q3=.75 (n +1)th =.75(5+1)th = 4.5th =
39+.50(47-39) = 43 Population Inter Quartile Range (IQR): Q3 – Q1= 40.50 – 28.25 = 12.25 Sample
Inter Quartile Range (IQR): Q3 – Q1= 43– 29.5 = 13.5 Population Variance: x s 2 2 å = = 10 1 = ( )
10 N i Xi - 2 x m 422 + 292 + 212 + 372 + 402 + 332 + 382 + 262 + 392 + 472 - (35.2)2 = 10 = 10
12954 - 1239.04 = 56.36 Population Standard Deviation: x s s x = 56.36 = 7.507 = 2 Page 33