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HomeworkAssignmentsforWeek8.docx

Homework Assignments for Week 8

Berenson, M., Levine, D., & T. Krehbiel. (2006). Basic Business Statistics (10th ed.). NJ: Prentice Hall. ISBN: 0-13-153686-9

The following problems are from the above textbook Chapter 13 for this course as homework assignment for week eight: You can use any source.

1.

2. Following data is amount of Assessed Value for an office building for a given floor area, number of office space, number of entrances, and the age of the offic building. Use excel to ….

a. Obtain a Scatter plot of Floor Area as the independent and Assessed value as the dependent variable.

b. Note the linear regression Model

c. Predict the assessed value for 6000 sq ft.

FloorArea (Sq.Ft.)

Offices

Entrances

Age

AssessedValue ($'000)

4790

4

2

8

1796

4720

3

2

12

1544

5940

4

2

2

2094

5720

4

2

34

1968

3660

3

2

38

1567

5000

4

2

31

1878

2990

2

1

19

949

2610

2

1

48

910

5650

4

2

42

1774

3570

2

1

4

1187

2930

3

2

15

1113

1280

2

1

31

671

4880

3

2

42

1678

1620

1

2

35

710

1820

2

1

17

678

4530

2

2

5

1585

2570

2

1

13

842

4690

2

2

45

1539

1280

1

1

45

433

4100

3

1

27

1268

3530

2

2

41

1251

3660

2

2

33

1094

1110

1

2

50

638

2670

2

2

39

999

1100

1

1

20

653

5810

4

3

17

1914

2560

2

2

24

772

2340

3

1

5

890

3690

2

2

15

1282

3580

3

2

27

1264

3610

2

1

8

1162

3960

3

2

17

1447

3960

3

2

17

1447

1280

1

1

45

433

5000

4

2

31

1878

1280

1

1

45

433

3660

3

2

38

1567

3960

3

2

17

1447

4880

3

2

42

1678

3. Is there a statistical significance difference between the five cities in their ability to sell the three different type of autos? How about the different in car models? (conduct an analysis of variance using excel to determine this problem. Make sure you conuct a full fledge eight step hypotheis test for both supervisors and shifts.)

Toyota

Honda

Ford

San Diego

30

31

33

Escondido

23

26

33

El Cajon

34

35

20

LA

30

24

40

SF

25

39

49

For the different car models:

3a What will be your Ho?

3b what is your Ha?

3c What is your level of significance?

3d What is your test statistics?

3e Why did you use the specific test statistics?

3f What is your decision rule?

3g Do your excel statistical print out

3h What is your decision?

3i What is your conclusion?

3K What is your recommendation?

For the different cities:

3a What will be your Ho?

3b what is your Ha?

3c What is your level of significance?

3d What is your test statistics?

3e Why did you use the specific test statistics?

3f What is your decision rule?

3g Do your excel statistical print out

3h What is your decision?

3i What is your conclusion?

3K What is your recommendation?