SUSS BSBA: BUS105 Jan 2021 TOA Answers
SUSS BSBA: BUS105 Jan 2021 TOA Answers
SUSS BSBA: BUS105 Jan 2021 TOA Answers
BUS 105
January 2021 TOA
Question 1
(a)
2019 Jul
Mean 54.48888889
Standard Error 3.149734993
Median 50
Mode 80
Standard
Deviation 21.12906467
Sample
Variance 446.4373737
-
Kurtosis 0.985252425
-
Skewness 0.035217992
Range 75
Minimum 15
Maximum 90
Sum 2452
Count 45
2019 July
The mean, median and mode are 54.489, 50 and 80 respectively.
The range, variance and standard deviation are 75, 446.437 and 21.129 respectively.
2020 July
The mean, median and mode are 54.96, 58 and 65 respectively.
The range, variance and standard deviation are 78, 400.61 and 20.015 respectively.
(b)
i. The sample is highly likely to be biased, as these samples (45 – statistics overall
scores in July 2019 and 50 – statistics overall scores in July 2020) are drawn from
students who attended face-to-face lessons in July 2019 and students who attended
online lessons in July 2020. There is a possibility that students who had attended
the face-to-face lessons in July 2019 may have better understanding of the module
as compared to those students who had attended online lessons in July 2020 vice
versa. Additionally, the sample size may be insufficient, as 45 – statistics overall
scores in July 2019 and 50 – statistics overall scores in July 2020 may not be
sufficient to be used to reliably interpret the data.
ii. There is also a concern on the level randomness of the samples. This can be
overcome by verifying that the sample is random using a sampling approach such
as the simple random sampling or systemic random sampling.
iii. Lastly, there is also a concern that both samples from July 2019 and July 2020 use
independent samples, the difference in factors like mode of assessment (e.g. online
or written paper assessment) and demographic can contribute to differences in the
overall scores.
If given the opportunity to conduct the study, I would ensure that a that a large
population of the respondents is sampled at the beginning. I would further go on to
ensure that the samples are collected from students who are undergoing the same mode
(either online or face-to-face, it cannot be a mixture of both) of lessons and final
assessment.
Question 2
(a)
(i)
P(no problem in the next quarter) = 0.8*0.5 + 0.7*0.3 + 0.6*0.2 = 0.73
(ii)
P(engaged C / No problem) = 0.8219
(iii)
P(A will chose for next two quarters) = 0.73*0.8 + (1-0.73)*0.5 = 0.719
(b)
μ = 266
σ = 16
(i)
Let X be the length of pregnancy.
Answer from Excel using norm.dist.
P(260<X<270) = P(X<270) – P(X<260)
= 0.024 – 0.023
= 0.0009
= 0.09%
(ii)
n = 20
standard error = 16/ √20 = 3.578
Answer from Excel using norm.dist
P(X>265) = 1 – 0.107236 = 0.892764 = 89.28%
Question 3
(a)
(i)
Male
Mean 69.9
Standard Error 0.24140394
Median 70
Mode 70
Standard Deviation 1.322223832
Sample Variance 1.748275862
-
Kurtosis 0.005748394
-
Skewness 0.475645301
Range 5
Minimum 67
Maximum 72
Sum 2097
Count 30
Confidence Level
(90.0%) 0.410175958
Male
Lower Limit of Confidence Interval = 69.9 – 0.41 = 69.49 (2 d.p)
Upper Limit of Confidence Interval = 6.99 + 0.41 = 70.31 (2 d.p)
The 90% confidence interval for mean stress level for male students is between 69.49
and 70.31 stress scores. This confidence interval is an interval estimate of the
population stress score for male students. The 90% significance means that even if the
population mean may not always be in between 69.49 and 70.31, for most instances if
we repeat the calculations, we will find the population mean in the interval.
Female
Lower Limit of Confidence Interval = 72.93 – 1.46 = 71.47 (2 d.p)
Upper Limit of Confidence Interval = 72.93 – 1.46 = 74.39 (2 d.p)
The 90% confidence interval for mean stress level for female students is between 71.47
and 74.39 stress scores. This confidence interval is an interval estimate of the
population stress score for female students. The 90% significance means that even if
the population mean may not always be in between 71.47 and 74.39, for most instances
if we repeat the calculations, we will find the population mean in the interval.
(ii)
t-Test: Paired Two Sample for Means
Male Female
Mean 69.9 72.93333333
Variance 1.748275862 22.13333333
Observations 30 30
-
Pearson Correlation 0.167409675
Hypothesized Mean
Difference 0
df 29
-
t Stat 3.260557689
P(T<=t) one-tail 0.001420712
t Critical one-tail 1.311433647
P(T<=t) two-tail 0.002841425
t Critical two-tail 1.699127027
Step 1:
H0: μd = 0
H1: μd not equal 0
Step 5: Compute the value of the test statistic, make a decision regarding the null
hypothesis, and interpret the results.
From Excel output table, this is a two-tailed test.
Since p-value of 0.002841 is < 0.10, we reject H0.
Therefore, we can conclude that the stress scores between male and female students are
not similar.
(b)
SUSS
Mean 67.8
Standard Error 2.727636339
Median 66
Mode #N/A
Standard Deviation 6.099180273
Sample Variance 37.2
Kurtosis 2.86463753
Skewness 1.53951589
Range 16
Minimum 62
Maximum 78
Sum 339
Count 5
Confidence
Level(95.0%) 7.573132563
NUS NTU
Step 1:
H0: μi = 0
H1: at least one μi not equal 0
where μi is the mean stress for SUSS, SIM, NUS and NTU
Step 2: Select the level of significance.
The level of significance decided is α = 0.05.
Step 5: Compute the value of the test statistic, make a decision regarding the null
hypothesis, and interpret the results.
From Excel output table, this is a two-tailed test.
Since p-value of 0.002841 is < 0.05, we reject H0.
Therefore, we can conclude that any of the stress scores USS, SIM, NUS and NTU will
not equal to zero.
Question 4
(a)
SUMMARY
OUTPUT
Regression Statistics
Multiple R 0.862776744
R Square 0.744383711
Adjusted R Square 0.676219367
Standard Error 10.30414179
Observations 20
ANOVA
Significance
df SS MS F F
Regression 4 4637.92 1159.48 10.9204266 0.000237317
Residual 15 1592.63 106.1753
Total 19 6230.55
Standard
Coefficients Error t Stat P-value Lower 95% Upper 9
-
Intercept 129.3986876 65.11146 1.987341 0.06546009 9.383114154 268.180
Experience 10.82184778 3.599151 3.006778 0.00884973 3.150439754 18.4932
-
Age -3.268778436 1.8103 -1.80566 0.09107787 7.127341439 0.58978
- -
Shift -17.56720195 4.746842 -3.70082 0.0021355 27.68485585 7.44954
-
Gender 6.195458179 7.99367 0.775045 0.45035887 10.84264676 23.2335
For every additional 1 experience in amount, the production will increase by 10.821.
For every additional 1 Age in amount, the production will decrease by 3.268.
For every additional 1 shift, the production will be decreased by 17.567.
For every additional 1 person (gender), the production will increase by 6.195.
(b)
ŷ = 129.398 + 10.821*(6) – 3.268*(30) – 17.567*(1) + 6.195*(0)
= 78.717
(c)
The adjusted coefficient of multiple determination is 0.6762. This means that 74.43%
(or 67.62% respectively) of the variation in productivity could be explained by the
variation of the independent variables, which are the Experience, Age, Shift, and
Gender.
However, there are already three independent variables in this example. Thus,
employing the adjusted coefficient of multiple determination would prevent
independent variables from being overloaded, as after adding additional independent
variables one at a time, the adjusted coefficient of multiple determination would begin
to decline, indicating that the model had gotten more complex.
(d)
Step 5: Compute the value of the test statistic, make a decision regarding the null
hypothesis, and interpret the results.
Therefore, the two independent variables (X1, X3) are significant, while the
independent variable (Whether there were performances) is insignificant and therefore
should be dropped from the model.
Reference
Zheng, F., Soh, I., & Tan, C. (2021). BUS105 Statistics (study guide). Singapore:
Singapore
University of Social Sciences.