Description

Dear Participants,

Please find below SMDM Project instructions:

You have to submit 2 files :

1.Answer Report: In this, you need to submit all the answers to all the questions
in a sequential manner.
It should include a detailed explanation of the approach used, insights,
inferences,
all outputs of codes like graphs, tables etc.
Your report should not be filled with codes.
You will be evaluated based on the business report only.

Hence please ensure that your business report is detailed and includes everything
apart from code.
THE REPORT HAS TO BE STRICTLY SUBMITTED IN A PDF/DOC FORMAT.
ANY OTHER FORMAT WILL NOT BE CONSIDERED FOR GRADING.
6 Marks are allotted for the "Quality of Business Report".

2.Jupyter Notebook file: This is a must and will be used for reference while
evaluating
Any assignment found copied/ plagiarized with another person will not be graded and
marked as zero.

Please ensure timely submission as a post-deadline assignment will not be accepted.

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Problem 1

Wholesale Customers Analysis (Download Data)--Wholesale+Customers+Data

Problem Statement:

A wholesale distributor operating in different regions of Portugal has information

on annual spending of several
items in their stores across different regions and channels. The data consists of
440 large retailers’ annual
spending on 6 different varieties of products in 3 different regions (Lisbon,
Oporto, Other) and across different
sales channel (Hotel, Retail).

1.1 Use methods of descriptive statistics to summarize data.

Which Region and which Channel spent the most? Which Region and which Channel spent
the least?

1.2 There are 6 different varieties of items that are considered.

Describe and comment/explain all the varieties across Region and Channel? Provide a
detailed justification for your answer.

1.3 On the basis of a descriptive measure of variability,

which item shows the most inconsistent behaviour? Which items show the least
inconsistent behaviour?

1.4 Are there any outliers in the data?

Back up your answer with a suitable plot/technique with the help of detailed
comments.
1.5 On the basis of your analysis, what are your recommendations for the business?
How can your analysis help the business to solve its problem? Answer from the
business perspective.
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Problem 2 - (Download Data)--Survey-1

The Student News Service at Clear Mountain State University (CMSU) has decided to
gather data about the undergraduate
students that attend CMSU. CMSU creates and distributes a survey of 14 questions
and receives responses from 62 undergraduates
(stored in the Survey data set).

2.1. For this data, construct the following contingency tables (Keep Gender as row
variable)

2.1.1. Gender and Major

2.1.2. Gender and Grad Intention

2.1.3. Gender and Employment

2.1.4. Gender and Computer

2.2. Assume that the sample is representative of the population of CMSU. Based on
the data, answer the following question:

2.2.1. What is the probability that a randomly selected CMSU student will be male?
2.2.2. What is the probability that a randomly selected CMSU student will be
female?

2.3. Assume that the sample is representative of the population of CMSU. Based on
the data, answer the following question:

2.3.1. Find the conditional probability of different majors among the male students
in CMSU.
2.3.2 Find the conditional probability of different majors among the female
students of CMSU.
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2.4. Assume that the sample is a representative of the population of CMSU. Based on
the data, answer the following question:

2.4.1. Find the probability That a randomly chosen student is a male and intends to
graduate.
2.4.2 Find the probability that a randomly selected student is a female and does
NOT have a laptop.

2.5. Assume that the sample is representative of the population of CMSU. Based on
the data, answer the following question:

2.5.1. Find the probability that a randomly chosen student is a male or has full-
time employment?

2.5.2. Find the conditional probability that given a female student is randomly
chosen,
she is majoring in international business or management.

2.6. Construct a contingency table of Gender and Intent to Graduate at 2 levels

(Yes/No).
The Undecided students are not considered now and the table is a 2x2 table.
Do you think the graduate intention and being female are independent events?

2.7. Note that there are four numerical (continuous) variables in the data set,
GPA, Salary, Spending, and Text Messages.

Answer the following questions based on the data:

2.7.1. If a student is chosen randomly, what is the probability that his/her GPA is
less than 3?

2.7.2. Find the conditional probability that a randomly selected male earns 50 or
more.
Find the conditional probability that a randomly selected female earns 50 or more.

2.8. Note that there are four numerical (continuous) variables in the data set,
GPA, Salary, Spending, and Text Messages.
For each of them comment whether they follow a normal distribution. Write a note
summarizing your conclusions.

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Problem 3 (Download Data)--A+&+B+shingles

An important quality characteristic used by the manufacturers of ABC asphalt

shingles is the amount of moisture the shingles contain
when they are packaged. Customers may feel that they have purchased a product
lacking in quality if they find moisture and
wet shingles inside the packaging. In some cases, excessive moisture can cause
the granules attached to the shingles for
texture and coloring purposes to fall off the shingles resulting in appearance
problems.

To monitor the amount of moisture present, the company conducts moisture tests. A
shingle is weighed and then dried.
The shingle is then reweighed, and based on the amount of moisture taken out of the
product, the pounds of moisture
per 100 square feet are calculated. The company would like to show that the mean
moisture content is less than 0.35 pounds per 100
square feet.

The file (A & B shingles.csv) includes 36 measurements (in pounds per 100 square
feet) for A shingles and 31 for B shingles.

3.1 Do you think there is evidence that means moisture contents in both types of
shingles are within the permissible limits?
State your conclusions clearly showing all steps.

3.2 Do you think that the population mean for shingles A and B are equal? Form the
hypothesis and conduct the test of the hypothesis.
What assumption do you need to check before the test for equality of means is
performed?

Please reflect on all that you have learnt while working on this project.
This step is critical in cementing all your concepts and closing the loop. Please
write down your thoughts here.
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Scoring guide (Rubric) - SMDM PROJECT (1)
Criteria Points
1.1.1 Use methods of descriptive statistics to summarize data.
1
1.1.2 Which Region and which Channel spent the most?
1.5
1.1.3 Which Region and which Channel spent the least?
1.5
1.2. There are 6 different varieties of items that are considered. Describe and
comment/explain all the varieties across Region and Channel? Provide a detailed
justification for your answer.
3
1.3 On the basis of the descriptive measure of variability, which item shows the
most inconsistent behaviour? Which items shows the least inconsistent behaviour?
4
1.4 Are there any outliers in the data? Back up your answer with a suitable
plot/technique with the help of detailed comments.
3
1.5 On the basis of your analysis, what are your recommendations for the business?
How can your analysis help the business to solve its problem? Answer from the
business perspective.
2
2.1. For this data, construct the following contingency tables (Keep Gender as row
variable)
0
2.1.1. Gender and Major
1
2.1.2. Gender and Grad Intention
1
2.1.3. Gender and Employment
1
2.1.4. Gender and Computer
1
2.2. Assume that the sample is a representative of the population of CMSU. Based on
the data, answer the following question:
0
2.2.1 What is the probability that a randomly selected CMSU student will be male?
1
2.2.2 What is the probability that a randomly selected CMSU student will be female?
1
2.3. Assume that the sample is a representative of the population of CMSU. Based on
the data, answer the following question:
0
2.3.1 Find the conditional probability of different majors among the male students
in CMSU.
2
2.3.2 Find the conditional probability of different majors among the female
students of CMSU.
2
2.4. Assume that the sample is a representative of the population of CMSU. Based on
the data, answer the following question:
0
2.4.1 Find the probability That a randomly chosen student is a male and intends to
graduate.
2
2.4.2 Find the probability that a randomly selected student is a female and does
NOT have a laptop.
2
2.5. Assume that the sample is a representative of the population of CMSU. Based on
the data, answer the following question:
0
2.5.1 Find the probability that a randomly chosen student is a male or has a full-
time employment
2
2.5.2 Find the conditional probability that given a female student is randomly
chosen, she is majoring in international business or management.
2
2.6 Construct a contingency table of Gender and Intent to Graduate at 2 levels
(Yes/No). The Undecided students are not considered now and the table is a 2x2
table. Do you think graduate intention and being female are independent events?
4
2.7 Note that there are four numerical (continuous) variables in the data set, GPA,
Salary, Spending and Text Messages. Answer the following questions based on the
data
0
2.7.1 If a student is chosen randomly, what is the probability that his/her GPA is
less than 3?
1
2.7.2 Find conditional probability that a randomly selected male earns 50 or more.
Find conditional probability that a randomly selected female earns 50 or more.
3
2.8.1 Note that there are four numerical (continuous) variables in the data set,
GPA, Salary, Spending and Text Messages. For each of them comment whether they
follow a normal distribution.
3
2.8.2 Write a note summarizing your conclusions
1
3.1 Do you think there is evidence that mean moisture contents in both types of
shingles are within the permissible limits? State your conclusions clearly showing
all steps.
4
3.2 Do you think that the population means for shingles A and B are equal? Form the
hypothesis and conduct the test of the hypothesis. What assumption do you need to
check before the test for equality of means is performed?

4
Quality of Business Report
6
Please reflect on all that you learnt and fill this reflection report -
https://forms.gle/G8Q6dgVEiuXj5Uoo6
0