For Katetutor only - Computer Assignment
Instructions for the task
*students should do section 3 first, If they understand it is basic market research they should have a rough idea of what is going on, sample output is given on pages 4,5 and 6 the end of this document
Overview :Each student will be given a sample from a large population and each student will analyse their own sample. The data and a short description of the data is given in a separate excel file .
NOTE: – Please refer to my attachment “Assignment data set with pivot table”. Use this data to manipulate sample.
Section 0: Cover sheet You do need a cover sheet with the following Student number, (this is very important it lets the marker check you have used numbers based on your student Name Subject: bus105 business statistics Assignment: Computing Assignment
Section 1: Introduction Give an introduction to the assignment by giving a similar examples of a sample and a population and explain how it is useful in business.
NOTE: - Please refer to the attached file “Ëxamples that explain the introduction to the assignment”
OR you can look at https://www.youtube.com/watch?v=QQCpZ_J8EmY
Section 2: Description of the data set
Describe the dataset and describe each of the variables, For each variable answer the question is it categorical or numerical? The dataset is based on survey questions so propose 2 other survey questions
Section 3: Summary of the data set
a) For the variable how much they would pay? below give graphical and numerical summaries that describes the variable (in other words give the appropriate univariate statistics and graphical displays)
Also provide give appropriate comments
b) Use the filter to exclude the people that do not like the product and find appropriate numerical summaries for the follow variable
i) *Variable which version they prefer
ii) *Variable How much they would pay?
Also provide suitable comments
c) For each pair of variables below give appropriate graphical and numerical summaries that describes the variable
(in other words give the appropriate bivariate statistics and graphical displays)
i)The variables: Gender and do they like the product ?
ii)The variables How much they would pay? and gender
Section 4: Confidence intervals
Note: you will have to use the information in section 3b to answer these questions.
Excluding people that do not like the product
i)Find a 90% confidence interval for the proportion of people that prefer version 1
ii)Find a 90% confidence interval for the average amount they would pay
Section 5: Hypothesis tests
Note: use the information from question 3c to answer these questions
Perform the appropriate Hypothesis test,
i) *The variables: Gender and do they like the product
ii) *The variables How much they would pay? and gender
Section 6 : the problems of getting survey data in the real world The data set in the assignment is not real world data because every student needs their own sample to prevent copying,Discuss the problems of getting survey data in the real world , Also give an example of an actual product and give appropriate survey questions.
Section 7: conclusion
Discuss what you learnt after thinking about the previous sections. Make sure you give a discussion of the results from section 4 and 5
Sample output for assignment 1 section 3
You have a different sample so your numbers will be different
Section 3: Summary of the data set
a) For each variable below give a graphical and numerical summaries that describes the variable *Variable: How much they would pay?
|
Minimum: |
O |
|
Maximum: |
4.1 |
|
Count: |
100 |
|
Mean: |
2.6O2 |
|
Median: |
3.1 |
|
Mode: |
3 |
|
Standard Deviation: |
1.1O8 |
|
Variance: |
1.271 |
|
Mid Range: |
1.9 |
|
Quartiles: |
Quartiles: Q1 3 Q2 3.1 Q3 3.2 |
Add suitable comments
b) Use the filter to only include the people that like the product and find appropriate numerical summaries for the follow variable
iii) *Variable which version they prefer
iv) *Variable How much they would pay?
Bi)
|
Row Labels |
Count of Which version is the best? |
|
Neither |
5 |
|
version 1 |
2O |
|
version 2 |
25 |
|
Grand Total |
5O |
So proportion of neither =5/5O=O.1 ,
proportion of version 1 = 2O/5O=O.4, proportion that like version3 = 25/5O=O.5
add a suitable comment
3bii)
|
Minimum: |
2.9 |
|
Maximum: |
4.1 |
|
Count |
50 |
|
Mean: |
3.1O42 |
|
Median: |
3.1 |
|
Mode: |
3 |
|
Standard Deviation: |
O.157 |
|
Quartiles: |
Quartiles: Q1 --> 3 Q2 --> 3.1 Q3 --> 3.2 |
Add a suitable comment
3c IFor each pair of variables below give appropriate graphical and numerical summaries that describes the variable
(in other words give the appropriate bivariate statistics and graphical displays)
i)The variables: Gender and do they like the product ?
ii)The variables How much they would pay? and gender
3) cii
|
Row Labels |
like |
hate |
Grand Total |
|
male |
85% |
15% |
100% |
|
female |
75% |
25% |
100% |
3cii)
For the MALES the summary of the amount they would pay is
|
Minimum: |
O |
|
Maximum: |
4.1 |
|
Range: |
4.1 |
|
Count: |
6O |
|
Mean: |
2.797 |
|
Median: |
3.1 |
|
Mode: |
3.2 |
|
Standard Deviation: |
O.9772 |
|
Quartiles: |
Quartiles: Q1 --> 3 Q2 --> 3.1 Q3 --> 3.2 |
For the FEMALES the summary of the amount they would pay
|
Minimum value: |
O |
|
Maximum: |
3.5 |
|
Range: |
3.5 |
|
Count: |
4O |
|
Mean: |
2.411 |
|
Median: |
3.1 |
|
Mode: |
3.3 |
|
Standard Deviation: |
1.3O34 |
|
Quartiles: |
Quartiles: Q1 --> O.3 Q2 --> 3.1 Q3 --> 3.2 |
Add appropriate comments.
Course description
Assessment 3 Assessment Type: Computer assignment – analysis and 1500 + 10% word report – individual assessment
Purpose: To allow students to demonstrate an understanding of statistical analysis and the ability summarise and manipulate sample data, make basic statistical inferences and interpret the results in a business context. This assessment contributes to Learning Outcome a, b, c and d.
Task Details: Students will be presented with a set of numerical data, and a business scenario. From this you will need to present, summarise and manipulate sample data, make basic statistical inferences and interpret the results. Report The analysis and conclusions you draw from the analysis needs to be presented in a short report including all relevant analysis either as part of the report or as attachments referred to in appropriate sections of the report.
Presentation: The report needs to be short report format - 1500 + 10% word report format – Word .doc or .docx Title page, executive summary, table of contents, appropriate headings and sub- headings, recommendations, in-text referencing and reference list (Harvard – Anglia style), attachments.
like male female 0.85 0.75 hate male female 0.15 0.25