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BBM203 - Assignment 1 - ODL - Jan 2023

The document provides instructions for Assignment 1 of the course BBM203/03 Business Statistics. It contains 5 questions regarding key concepts in business statistics including: [1] the difference between paired and unpaired sample hypothesis testing with examples; [2] two applications of the standardized normal distribution; [3] a hypothesis test to determine if a machine is still properly adjusted based on sample data; [4] a hypothesis test to compare average salaries between two departments; and [5] a hypothesis test comparing acceptable product rates between two production lines including calculating a p-value and confidence interval. Students are instructed to answer all questions by March 4th for 50% of their total marks.

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Vera Wong Py
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49 views3 pages

BBM203 - Assignment 1 - ODL - Jan 2023

The document provides instructions for Assignment 1 of the course BBM203/03 Business Statistics. It contains 5 questions regarding key concepts in business statistics including: [1] the difference between paired and unpaired sample hypothesis testing with examples; [2] two applications of the standardized normal distribution; [3] a hypothesis test to determine if a machine is still properly adjusted based on sample data; [4] a hypothesis test to compare average salaries between two departments; and [5] a hypothesis test comparing acceptable product rates between two production lines including calculating a p-value and confidence interval. Students are instructed to answer all questions by March 4th for 50% of their total marks.

Uploaded by

Vera Wong Py
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Academic Session 2023

First Semester

January 2023

Assignment 1

BBM203/03 Business Statistics

Instructions:

1. Assignment 1 contains FIVE (5) questions and you are required to answer ALL
questions.

2. Assignment 1 carries 50% of your final total marks.

3. The deadline for the submission of Assignment 1 is 4 March 2023, 11:59pm. A


softcopy should be submitted via Online Assignment Submission System.

1
Answer ALL questions.

Question 1

Explain the difference between paired (dependent) and unpaired (independent)


samples in a hypothesis testing procedure involving two sample means. Give one (1)
suitable example for each type of samples selection.
(4 marks)

Question 2
List two (2) applications of standardized normal distribution.
(2 marks)

Question 3
When a certain production machine is in perfect adjustment it produces bolts with a
mean diameter of 0.6 cm and a standard deviation of 0.15cm. In order to ascertain
whether or not the machine is still in adjustment, a sample of 49 bolts is selected. The
sample mean diameter is found to be 0.57cm. Is the machine still in adjustment? (use
 = 0.05)
(10 marks)
Question 4
A company is interested to knowing if there is a difference in the average salary
received by the machine operator for two departments. According to the samples, 18
machine operators from Department A and 13 machine operators from Department B
are selected by random and following information is obtained (use  = 0.05) :
Department A Department B
Sample size 18 13
Mean (RM) 1,000 1,100
Standard deviation 200 250
(RM)
(14 marks)

2
Question 5

A quality control inspector keeps a tally sheet of the number of acceptable and
unacceptable products that come off two different production lines. The completed
sheet is shown below.

Products
Production line Acceptable Unacceptable
A 150 50
B 135 65

(a) Can the inspector infer at the 5% significance level that production line A is
doing a better job than production line B?
(11 marks)

(b) What is the p-value of the test? (2 marks)

(c) Estimate with 95% confidence the difference in population proportions.


(7 marks)

End of Assignment 1 Questions

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