country
$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!
Add File

Error goes here

HI6007 Statistics For Business Decisions

tag 0 Download2 Pages / 295 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT
  • Course Code: HI6007
  • University: Holmes Institute
  • Country: Australia

Questions:

1 .

Below you are given the examination scores of 20 students  

52

99

92

86

84

63

72

76

95

88

92

58

65

79

80

90

75

74

56

99

 
a. Construct a frequency distribution, cumulative frequency distribution, relative frequency distribution, cumulative relative frequency distribution and percent frequency distribution for the data set using a class widthof
 
b. Construct a histogram showing the percent frequency distribution of the examination scores. Comment on the shape ofthe  

2.

Shown below is a portion of a computer output for a regression analysis relating supply (Y in thousands of units) and unit price (X in thousands of dollars).

ANOVA

 

 

 

df

SS

Regression

1

354.689

Residual

39

7035.262

 

Coefficients

Standard Error

Intercept

54.076

2.358

X

0.029

0.021

 

a.

What has been the sample size for this problem? 

b.

Determine whether or not supply and unit price are related. Use α = 0.05. 

c.

Compute the coefficient of determination and fully interpret its meaning. Be very specific.

 

d.

Compute the coefficient of correlation and explain the relationship between supply and unit price. 

e.

Predict the supply (in units) when the unit price is $50,000. 

 

3.

Allied Corporation wants to increase the productivity of its line workers. Four different programs have been suggested to help increase productivity. Twenty employees, making up a sample, have been randomly assigned to one of the four programs and their output for a day's work has been recorded. You are given the results below  

Program A

Program B

Program C

Program D

150

150

185

175

130

120

220

150

120

135

190

120

180

160

180

130

145

110

175

175

 

a.

Construct an ANOVA table.

b.

As the statistical consultant to Allied, what would you advise them? Use a .05 level of significance. 


4.

A company has recorded data on the weekly sales for its product (y), the unit price of the competitor's product (x1), and advertising expenditures (x2). The data resulting from a random sample of 7 weeks follows. Use Excel's Regression Tool to answer the following

 

Week

Price

Advertising

Sales

 

1

.33

5

20

 

2

.25

2

14

 

3

.44

7

22

 

4

.40

9

21

 

5

.35

4

16

 

6

.39

8

19

 

7

.29

9

15

a.

What is the estimated regression equation? Show the regression output. 

b.

Determine whether the model is significant overall. Use α = 0.10. 

c.

Determine if competitor’s price and advertising is individually significantly related to sales. Use α = 0.10. 

 

d.

 

e.

Based on your answer to part (c), drop any insignificant independent variable(s) and re-estimate the model. What is the new estimated regression equation? 

 

Interpret the slope coefficient(s) of the model from part (d).

Download Sample Now

Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.

Upload
Unique Document

Document
Under Evaluation

Get Money
into Your Wallet

Total 2 pages, 1 USD Per Page

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2020). Statistics For Business Decisions. Retrieved from https://myassignmenthelp.com/free-samples/hi6007-statistics-for-business-decisions/construct-a-frequency-distribution.html.

My Assignment Help (2020) Statistics For Business Decisions [Online]. Available from: https://myassignmenthelp.com/free-samples/hi6007-statistics-for-business-decisions/construct-a-frequency-distribution.html
[Accessed 27 January 2021].

My Assignment Help. 'Statistics For Business Decisions' (My Assignment Help, 2020) <https://myassignmenthelp.com/free-samples/hi6007-statistics-for-business-decisions/construct-a-frequency-distribution.html> accessed 27 January 2021.

My Assignment Help. Statistics For Business Decisions [Internet]. My Assignment Help. 2020 [cited 27 January 2021]. Available from: https://myassignmenthelp.com/free-samples/hi6007-statistics-for-business-decisions/construct-a-frequency-distribution.html.


Break the wheel of missing deadlines with instant marketing assignment help from the best experts at MyAssignmenthelp.com. If you cannot handle multiple tasks, share your requirements for your marketing assignment with our learned academicians, and get personalized assignment assistance. Our writers research extensively and draft unique solutions, all within the mentioned deadline. Please place your order with us today and take home informative solutions on time every time.

Latest Statistics Samples

1014SCG Statistics

Download : 0 | Pages : 3
  • Course Code: 1014SCG
  • University: Griffith University
  • Country: Australia

Answer: The fuel prices always known to be volatile all the world. That is, the prices are liable to change rapidly and unpredictably, especially for the worse. When prices change to the worse (say increase in prices), the vehicle owners are compelled to pay more than they had initially anticipated and this interferes with their budget. This project seeks to analyze fuel prices based on the various locations and brands. The study also attempts...

Read More arrow

BUS708 Statistics And Data Analysis

Download : 0 | Pages : 10
  • Course Code: BUS708
  • University: Federation University Australia
  • Country: Australia

Answer: The paper is a study of the transport system in New South Wales, Australia. Data was obtained from the NSW open data for transport from the government site and a sample of the same was used to study the scope of the government to grow and improve upon the scenario as suggested from the data. The opal on and off dataset was used for the purpose of enquiry. The opal card is an all purpose transport card which can be used for travelling b...

Read More arrow

SBST1303 Elementary Statistics

Download : 0 | Pages : 4

Answer:   Table  1       B F   I B A A F F F F       E B C I B E C C B F       C E C A E I I E B B       F E C B C I I E E B       F B F F C I E E A E                           ...

Read More arrow

9917 Statistics In Education

Download : 0 | Pages : 6
  • Course Code: 9917
  • University: University Of Canberra
  • Country: Australia

Answers: 1. In order to predict the length of the jump of a student with the help of height of the student, regression analysis will be conducted as regression analysis is the technique which is used to predict the future values of variable using the past data of the variable. The assumptions that has to be met before conducting a regression analysis are listed as follows: Normality:The residuals of the model are distributed normally. Li...

Read More arrow

CAM625 Introduction To Biostatistics

Download : 0 | Pages : 2
  • Course Code: CAM625
  • University: University Of Tasmania
  • Country: Australia

Answer: Critical evaluation The paper attempts to evaluate critically the article named “Transport behaviors among older teenagers from semi-rural New Zealand”. Ward et al. have developed the concerned article in the year 2015 and published in a journal named “Australian and New Zealand journal of public health. Objective of the critical evaluation is to prepare a report based on clinical data collected observational studies...

Read More arrow
Next

Save Time & improve Grade

Just share requirement and get customized Solution.

watch
question
We will use e-mail only for:

arrow Communication regarding your orders

arrow To send you invoices, and other billing info

arrow To provide you with information of offers and other benefits

Add File

Error goes here

1,553,547

Orders

4.9/5

Overall Rating

5,110

Experts

Our Amazing Features

delivery

On Time Delivery

Our writers make sure that all orders are submitted, prior to the deadline.

work

Plagiarism Free Work

Using reliable plagiarism detection software, Turnitin.com.We only provide customized 100 percent original papers.

time

24 X 7 Live Help

Feel free to contact our assignment writing services any time via phone, email or live chat. If you are unable to calculate word count online, ask our customer executives.

subject

Services For All Subjects

Our writers can provide you professional writing assistance on any subject at any level.

price

Best Price Guarantee

Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.

Our Experts

Assignment writing guide
student rating student rating student rating student rating student rating 5/5

1758 Order Completed

99% Response Time

William Martinez

MS in Biology

Washington, United States

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 4/5

3076 Order Completed

99% Response Time

Emily Wei

Doctor of Philosophy (Ph.D) in Civil Engineering

Singapore, Singapore

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

440 Order Completed

99% Response Time

Jack Arens

MBA in HRM

London, United Kingdom

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

1265 Order Completed

97% Response Time

James Cook

Masters in Management

Wellington, New Zealand

Hire Me

FREE Tools

plagiarism

Plagiarism Checker

Get all your documents checked for plagiarism or duplicacy with us.

essay

Essay Typer

Get different kinds of essays typed in minutes with clicks.

edit

GPA Calculator

Calculate your semester grades and cumulative GPa with our GPA Calculator.

referencing

Chemical Equation Balancer

Balance any chemical equation in minutes just by entering the formula.

calculator

Word Counter & Page Calculator

Calculate the number of words and number of pages of all your academic documents.

Refer Just 5 Friends to Earn More than $2000

Check your estimated earning as per your ability

1

1

1

Your Approx Earning

Live Review

Our Mission Client Satisfaction

thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u th...

flag

User Id: 314293 - 27 Jan 2021

Australia

student rating student rating student rating student rating student rating

thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u

flag

User Id: 314293 - 27 Jan 2021

Australia

student rating student rating student rating student rating student rating

thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u thank u th...

flag

User Id: 314293 - 27 Jan 2021

Australia

student rating student rating student rating student rating student rating

THAAAANK YOU SO MUCH. I really like what you have done. it was amazing and my professor liked it very much. I\'ll keep working with you.

flag

User Id: 485241 - 27 Jan 2021

Australia

student rating student rating student rating student rating student rating
callback request mobile
Have any Query?