0% found this document useful (0 votes)
45 viewsData Analysis and Modeling Unit 1
Data analysing and modeling unit one
Uploaded by
Sarfraz HusainCopyright
© © All Rights Reserved
Available Formats
Download as PDF or read online on Scribd
0% found this document useful (0 votes)
45 viewsData Analysis and Modeling Unit 1
Data analysing and modeling unit one
Uploaded by
Sarfraz HusainCopyright
© © All Rights Reserved
Available Formats
Download as PDF or read online on Scribd
/ 18
DAL Analy Monti
yeolor
Lenn: BBAMIANCINY FT
} course. Date Analyale ane
Jove: avo require {0 Anawwer In MF OM woh i
car aks 18 8 Ha 6 practicable, The Rigi Wn Me Nagin
Hull Mark 100
Powe Marko 46,
Very Short Anawor Questions
queations, A (a)
intoxprat the slope Of the regression model Y = {6 10%. What is the estimated value
of Ywhon X © 16, "
Dotnet active and inactive Constraint of following LPP.
Max Z© SX#7¥
Subjected to constraint 2X +3Y<* 30
ax BY
X4, 42,03, 14 20 ! b
ot the optimal aesignment plan and determine ths unum
HOE Rothe wet moan
oe Hebei Wo ty sot hace ee ee
prcccton UR, for Ob a. wht Wane re has again eh ih 8
ved nth eviction of wich st. The tcy of te Ae pn ee 1
day The canacty Of he Commo Wr 90 vat gr iy daparved A cha hl
te ercivond In in Qatar We As sat reared 8 ar hens ee Conn dat
required 4 labor hour, Prenerty i depinmert A. mariner of 120 lar Was ca
5 ie Conarine eR NOS ot ste Sapainars 8 0 cra
Nae 9 AA wt rcpaenn 4 Vann tents ers Ow Crem
aso require 2 labor hours. Presently in department w mauler of 4 inter tour ga
day canbe nse o rodeo ope fst Th sch contin ee
20 wd 10 rupee respectively tor woch Aste ed Comao sat
| Fonulate the LP mod
Salve graphic -
ra aaey He path Fron te ee te sae canine sm 2 sn
{he prof. From the following proft matrix reprosenting the grciem wore
industry. The prices and number of units sold their top four computer products
from 2019 to 2021 were:
Construct Fishers price Inder
16. Solve the following transportation problem for minimum cost by taking iit feanie
sudo oy Voeett apc tie The enivies in the matrix indicate the cost
rupees of transporting a unit from a particular source to a particular destination 30) BRL Advance saraswe BI Fourth sy :
Us Questions Bank BAB r
i ible iis be ‘ctivly of a projact along With thejp L
12, Following tal aa : w
The scheduled completion dato for his Project is 62 qa,
and find,
a) The Probability that the Project will
5) The probability thatthe Project wit
time,
8. Oi ia u
ea
be fished within thy Scheded a,
be completed al least g 49Y$ big
hes,
°) What shoud be the scheduled Completion time for tho POR
90%, re,
significance,
Y Variable
al propor
xplanatay
A
Which of the
b) Whi
f
‘4
Siven indopendent yore
{0r bith rate por ‘housands of population?
ss
ON Model an HON remains to be accounted. al
© 95% confidence nett oF bith rate for such
OrPectancy at bith 799 and iteraey Fate 09 percentage, ik
9 I tk anys ant® Flatonshig betwoen the dependent a
Variables in thy Aitteg Fe9ression Model? At 5,
ise? Data Analysis and Modeling | ST! 201)
SIMPLE CORRELATION AND Ri 5: MEASURING
EGRESSION MODELS:
AND PREDICTING RELATIONSHIPS 5
aed Very Short Answer Questions [2 rinks al
THEORETICAL QUESTIONS 0
; List the assumptions on regression analysis. (2)
1», [201g Spring @. No What is residual analysis? How it hel i
‘appropriateness of the model to fit the data? : aoe ee
@. No. 5 ] What are the general assumptions of regression models?
What are the two main differences between correlation and regression?
fl NUMERICAL QUESTIONS
4, [021 Fall Q. No. 7]|f r =0.95 then find VIF. And interpret the result 1c}
2, {2021 Fall Q. No. 5] The Coefficient of correlation between variables y and x is -0.86.
Caloulale and interpret the value of the coefficient of determination. (2)
Fizi Fall Q, No.1] Interpret the slope ofthe regression model ¥ = 35 ~ 10X. What is
the estimated value of Y when X= 1.5. 2)
7020 Fall @. No, 8| Compute correlation coefficient between the variables X and ¥ from
the given information and interpret it
n= 15, X= 9027, ZY =48.41, EXT = 29321.96, 2X?= 5465631, ZY? = 157.6121 (2)
‘hnsir= 0884
[2020 Fall Q, No, 1] From the data given below, test whether correlation coefficient is
4
significant or not.
1=0.98,n = 10,K=1 ie
‘Ans te #1399 tan 2306, reject mal hypothesis
6, [Joao Fal Gio] Real Estate Businessmen are often interested in seeing how the
a (in
appraised valve of @ home varies aocording to the size ofthe home. Some data on ae
10 sq feet) and appraised value (in'000 Re) for a sample of 6 homes follow: (10)
15 ras fs
ete a7
esemen Teel that a home's value goes up by Rs, 50,000 for
are feet in area. For this sample, does this relationship seem
Generally, Real Estate Busin
every additional thousand squi
hold? Use a = 0.10.
‘Ans: tea® 1.4 8 < tau # 2.432, reject He
1 [2519 Spring @ No.7 |] interpret the regression coefficient of regression model y = 2+ 3x.
Whats the estimated value when x = 22 Ans :¥=8
* [2018 Spring G.No. 5 You are performing simple linear regression
analysis rom a sample of n= 18, You determine br = 4.5 and Sur= 1.5. Construct the 05%
Confidence interval of the population slope. ‘Ans: P (1.32< Pys 7.68) = 0.95
4
* BOREFaTE Ae. 7] interpret the slope ofthe regression model Y = 36 - 10X. What is the
stimated value of Y when X = 2 Ans: ¥ #15 Bis.¢
7 Th ones oe,
er) [at Song eT) The coin Cometh
De rN
| "variates Y and X is 01
m7
determination ‘An: 6% of otal vain expla remsining 26g yy
¥
Inlerpret the regression coefficient of the reyessong My
.
{ = 1389 + 01609; ao find the residual when X = 2 and Y = 3
Yeiaoe
Meh ay
(Birra one. §) the flationship bey
ON er dara below shows :
* rumba oi ‘oad deaths in ten countries. Compute the Correlation oe
pee Snel cate and road deaths and comment upon the Possitg bia
between vel
between the two variables.
Road deaths vs Number of vehicles
Y= 0.4256x + 9.8232
found to be 1.12 and
516, The quantty (De = ij:
327.52, where X is an independent variable, Find the
Slope coefficient,
14 (Be SET) rs set 10 da
bet
t@ points, the ulm of the squared dflerxes
fieen Obed and estimated vaye OF Y is $0. Give this information, wha f |
‘nlerretaton of standard error of estimate?
15, on
“ee
Tee Ree Const creation coer between the vate X 2
from the given information and iMterpret it
18, &X= 9027 py,
48.41, yyy
16. CORSO) 5
observed ang @stimated values
FOF Of estimate?
Y529821.96, Sy, 2
SHG86NY SYN.
OF 8 data points,
se
the sum of squared dierences
OY is 96.72, gi
ot
'ven this information, whats
ot?
Descriptive,
Analytical Answer Questions
THEORETICAL QUESTIONS
ene,
Drtereniate between ‘egression and comelaton. Date A
Ty yuwereeaL Questions “MIS Ant Mel fea
: 1] Bolow is given five
pees) ant Domestic Credit (i thounand 1
{3 Develop the estimation linear equation to predict domoatic cred)
p How do you interpret slope of the regrossion lino in this ease?
¢ By what percent the variation in domestic credit is oxplainod by money supply?
4 Compute the approximate 9O%prediction intorval for
cre Oe domestic crodit product whan
Ansa ¥ <17728 779K 8 b517706 TOM 6 RON, 12.99) 14980-54018
A ‘A random samplo of six drivers insured with a company and having
ganar car insurance policies was selected, The accompanying table lists their driving
experiences (in years) and monthly car insurance promiums, All divers wore older than 25
years and ha no car accident in which thoy were at faut
Premium (S) 64 87 60
‘a Calculate correlation coefficient between driving experience and premium,
b With Premium as the dependent variable, determine a simple linear regression
equation for the data, Also calculate premium ($) of a driver having driving experience
10 years.
Interpret the meaning of slope and Y intercept in this problem,
4. Compute the coetficient of determination and intorpret its meaning.
‘Ans:() r= ~ 0.500, (ojo = 63.20, ¥ © $55 (a) r= 0.7999
a The following is the sales and promotional expenditure on a newly
launched product are given below.
‘Saw m4 [20 | 2
mame tote
‘@ Compute the correlation coefficient between sales and promotional expenditure and
interpret it
©. Compute the coefficient of determination and interpret it
© Develop the estimating equation that describes the effect of promotional expanses on
sales,
4 Explain the meaning of each parameter of the equations in terms of the above
information,
®. Esimate the expected sales if promotional expense is twenty thousand rupees.
¥ = = Ris, 27,48,260
‘ns (a= 07380) 1° O.AGt fe) ¥ = 15.406 .6067X o> 18486, b = 0.6007 ()¥ = Rs 2748
Gino 47] [ 2009 Spring Gi No] The city council of Pokhara has gathered
‘ata on number of minor accidents and the number of youth football games that occurred
"own over the weekend =a
| Festaigenes Jae Je Tf L$
Cesare te 4 ps
a
Yoar’s data on Monwy Supply (In trounand
19008) for Nopal
i from money supply Advance Sar i Semester (py |
11's Questions Hank BBA TI Fourth .
WUE Avance sarasoa 10 predict minor accident in,
‘1 Dovelop the estimating near oquation tog ta
1» Predict the number of minor [raffle accidents that will occur at Wookongs
10 nocoer games will lake place in Pokhara, i
© Calculate the value of the eootficionts ot dotermination, ‘
pentniet Meleoledcacse OTP
8, (OTF Sing GINO 11] Mr. Jamos, prosident of a certain 2m aa
rolationship between tho number of liant contacts and the amount of Salen eb
document this assortion, Mr Jamo» gathered the following sampig 4
‘iumbor of allt contacts last month and the value of sales in tupogy (oa
‘ach clint sampled,
4 Develop to ostimatng equaton fo prod st 40 contacts ae mage
b, What porcontago of tho variation in sales is explained by the
UMD Of conte
©. Caleulato 96% confidence interval estimate of the population Slop ofthe mgs
ns (a ¥ Ws, 67,258 80 (0) 09 08.78% ts S011 6 dey,
6 ‘Tho managers of a brokerage firm are interested ia fing os,
hun of new cans broker ings ino tho em alec the sales genera byte
‘They samplo 10 brokors and determine the number of new clients thoy
have era,
last yoar and! their salos amounts in thousands of dollars, Those dat reas,
table that follows:
Calculation shows that:
YX = 260 ZY = 480 2X? = 7594 ZY? = 24275
YXY= 1377 SSX = 834 SST = 1236 SSE = 271.445
Rolerting to SCENARIO BI, answer the following questions:
3 Stato tho regression equation and interprat the meaning of slope in this prob
5. Compute the coeticient of determination and interpret
Ans; b= 1.076, a = 20.024 (or 04s #18 |
94 ‘The following shows the annual felationship between Res
‘and Dovelopment and Profits from 2010 to 2015
Given the following information:
2 ae
Develop the estimating equation to prod The annual Profits on aroun
R&D.
ge
I the firm spends Rs.8 mition for R & © in 2020, vhat would be the
profits during that yoar?
b, How much variation in annual
nee
Profits is explained by the variation |
expenditure? Data Analy as
| calelate the residual forthe year 2012, sis and Modeling | S11: 201° TEN
: Ansiia)¥ = 20 e2K2,
(GSI ere ana os ada 9
+ BE codents and the number of youth hee gathered data on ruber ofr
afc football games that occurred in town over the
JET oep te estimating near equation to pred nor aden Wom Toobal
Devil te numberof minor trafic accidents tha rng wk
pai ants that will occur at weekends during which
xine significance of regression coeficient at 5%.
«Fd standard eror ofthe estimate and interpret it
Ans:() ¥ = 2.727 + 0.18%, fi Y= 8.667=9 (i $.= 0.788, S,=251,t= 0.056
Fig Fal NG. AB] If n = 20 cov (X, ¥) = 8 and var (X) = 6.8 =
s ar corte cool Wolke Soa aT | A is
compute Karl
“Ansty =1024> ag = 2878 Hs aces
Sing A firm administe i i
(oss ao= 15 8 test to sales trainees before into th
eee management ofthe fms interested in deteminng the sajna eben te
‘nd the sales made by the trainees at the end of one year in the field. The
test scores af
folowing data were collected for 10 sales personnel who have been in the field:
Calculation shows that
X= 1X2 =122.62 py=ta7t —-Ev2=201121 EX = 4,954
i. Find the correlation coefficient between the test score and number of units sold,
‘examine if this linear relationship is significant at the 5% level of significance.
‘i, Compute the 90% prediction interval for the Number of units sold of salesperson 9.
ii Find coefcient of determination and interpret its meaning,
Ans:( ta 10.709 > tas = 2.306, Hats accepted (140.2363, 183.9829) (i) = 92.70%
(2016 Spring Q.No. 4 ] Career aitine pilots face the risk of
Progressive hearing loss, due to the noisy ‘cockpits of most jet aircrafts. Much of the noise
roar, which increases at high speeds. To assess this
decibels) and airspeed (knots
(15)
‘Comes not from engines but from ait “9
vvilace hazard, a plot measured cockpit noise level (n
itcaed air speed, KIAS). The data are shown in the given table:
Determine the association between noise level and air roar which is increased due to
th of association?
high speeds, What can you comment on the streng! HRREIN Advance saraswati’s Questions Bank BBA-BI Fourth Semester (Pokhara Universi \
ii. Develop a least square regression model to estimate the noise level withthe hls oy
‘speed of aircraft. Also interpret the coefficients of the fitted regression model,
fi. Determine the standard error of estimate. Set up 95% prediction interval of noise lave)
for such aircraft whose speed is 390 KIAS.
‘Ans:ja) r= 0.957, b) ¥= 4340 0078X() 85% 132, A90.2064 8994 04
12. [2098 Fall GN. 1] The vice preside for research and development of a large homies,
and manufacturing company believes thatthe fim’s annual profit depends onthe amy
spent on research and development (R & D). The new chief executive office does ny
agree and has asked for evidence, Here are data for six years. 13
on, 2 3 5 4
in lions » > s | ws | 9
Find the correlation coefficient between annual profit and money spent on research
and development. What type of relationship is existing between these two variables?
Comment on your result.
5. Develop the estimation equation that best fit the data. Predict annual profit when the
amount spent on research and development is 10 millions. Does this model is
appropriate for the prediction of annual profit when there is 25 million spent on
research and development? Explain.
© Calculate the sample coefficient determinate. Does the regression equation
development in part (b) is appropriate for predictive purpose or the student should
search elsewhere for additional explanatory variable? Explain,
‘Ans: 70.9091, ¥ = 20+ 2K, = 0.8265,
3. ‘A tire manufacturing company is interested in removing pollutants
from the exhaust at the factory, and cost is a concem. The company has collected dala
from other companies conceming the amount of money spent on environmental measures
and the resulting amount of dangerous pollutants released (as percentage of total
emission),
Calculations show that X = 185.8, EX? = 3177.12, EY = 384, DY? = 11755.6 and EXY =
5080.27
a. Compute the regression equation of percentage of dangerous pollutants and test
whether the regression coefficient is significant at 5% level of significance. fl
b. Compute correlation coefficient between Money spent and Percentage of dangerous
Pollutants. Test its significance at 5% level, Also obtain the coefficient of determination
and interpret it. fay ret {fo} stats Tey7
ertlizer (KglAere) 5_{ 10 [18 | 2025 me)
ried (Kg/ACre ee tte eH
Data Analysts
¢. Predict the percentage of dangerous and Modeling | STE 209
\ i
rupees) is spent on control measure, Asotin eee whon Rs, 26.4 —
4. Compute the 99% prediction interval of
spont of RS.284 (thousands rupees).
Ans: ¥ © 40.718 O782X, to
Percentage of dangorous pollutants for ior
SAD ba 24 aed 20704 bts a2
i acpi 68174, (ROH Yee 8309209
: Zi J Construct a scatter diagram for the folowing data on rer
application rate and yield of watermelons gathered from 9 random| i oe
Kalhmandy. 18 there a logical explanation for the sbi nok shi or
regression model would be appropriate to model this observation? china a
“ins: non-linear correlation because the plotted dots a
The following data show the sales and adverisement expondtures for 10
selected companies. Compute Karl Person's correlation coefficient ure
significance. Comment on the nature and strength of relationship between these two
variables, (Note: Question is incomplete) a (8)
‘Ana (b) Question i incomplete
pring G.NO, 4] The city council of Pokhara has gathered data on number of minor
traffic accident and the number of youth football games that occurred in town over the
weekend, (15)
otal ee
eee ete tet
Develop the estimating liner equation fo predict minor accident rom football games.
+ Predict the number of minor trafic accidents that wil occur at weekends during whieh
430 soccer games will take place in Pokhara.
«What proportion of the variation occured in rinor accident is coxplained by football
games and also find the standard eror of he estimate Interpret the results logically.
ans: ¥ = 2727+ 0198X (0) ¥ = 8.667 = (0) 064 (0 So 0788
16. In the United States, during the fll harvest season Pumpkin re sold
2 ce ca
in the large quantities at the farm stands, Often instead of weighing the Pumpkin prior to
tors will just places the Pumpkin in the appropriate circular
cutout on the counter. When asked why this was done one farmer replied, "I can tell the
weight of the pumpkin from its circumference”. TO determine whether this was feally true; a
sample of 8 Pumpkin's circumference and weights were measured: (15)
a. Develop the estimating linear regression equation to predict the weight of the pumpkin
that is 60 cm in circumference.
Calculate the standard error of the estimate
What percentage of the total variation in
circumference of the pumpkin?
‘ns: (a) Y= 36,388 ~1.208X = 910.5gms (0) 90 26190, regression equation rps of pete!
1¢ and interpret the result
weight of the pumpkin Is ‘explained by the I Fourth Semester (Pekar,
ors Bank BDA:
Sarinawats Quest
‘A igo manwlactuning company is interested in fOmoving
1?
is a concer, The company tas Paki
We facery anc coal ‘Spent on en re
trom the exhaust at ‘oncoming the amount of maney HOnmenty
other companies:
os %
tants leased (05 4 yn
1 of dangerous poll 'Ctigg 4
and the resting. emmour
-errusgions).
- tion 10 predict money spent from,
+ stare cng eta rman oa
Dangerous
Sting,
%
‘standard error of estimate and interpret the result,
b Semel of the fla variation in money spent is explingy ty tag
: Dagens pts ‘ 5
Ansila) ¥ = 6.0674 94
TO ay
‘A tyre-manufacturing company is interested jn
st at the factory and cost is a concern The compa
ea hc halal conceming the angen Maney spa
environmental measures and the resulting amount of dangerous Pollutants Teles
Percentage of the emissions),
Calculation shows that
IX= 1858
X= 3977.19 ZY = 304
Dy 117555 / XY = 5080.27 UK~ ps aro
Error ‘Sums of square [SSE] = 93,75
% Compute the regression equation nd lost whether regression coefient ‘
Significant at 5% love) Of significance,
b comelai
on coetcient and coefficient of dolermination and we
meanings if
Compute Standard ero estimate ang interpret its meaning 8
¢ Comput 6% condone nena on Population slopo, rom
& Compute 99% prediction Jerval of percontago of dangerous polltans eat
Spent is Rs, 20,009, aon might not be appropriate if the money fi
Rs. 36,0007
Why the pred
+18
aura
ee > ha 220 scat te hell
(PC .906 fhe «0384p 990) Kan 19 Data Analysis and Modeling | SFT ROT
| poate) The annual advert
Ising
* nding annwal sales (in crores of hee eee (hn lk of rupeae) Gl the
srord in the following table Yor the past 10 yoars of a company ave
7] find the correlation coefficient between annual advertising expenditure and annual
sales revenue and comment the result. (6)
Test the significance of the correlation coefficient at a significance lovel of 5% (4
¢. Develop a regression model of sales as a function of advertising expenditures, Predict
the value of annual sales while advertising expenditures was 27 lakhs of rupeos. (4*1]
{ tals: {value (at 8 degrees of freedom) = 1.395
2iails:t value (at 8 degrees of freedom) = 2.306
Ans: a) = 09882, () tr ® 16.26> tas 2.06, acopt Heo) V = A404 + 6 790K Re, 114.912 ere
. ‘An operations manager is interested in predicting costs C (in 000
Rs, based on the amount of raw material input R (in ‘00 pounds) for a jeans manufacturer.
F the slope is significantly greater than 0.5 in the following sample data, then there is
something wrong with the production process and the assembly-ine machine should be
adjusted. At the 0.05 significance level, should the machinery be adjusted” Stato explicit
hypothesis and an explicit conclusion. (15)
eee
n, ‘The National Planning Commission (NPC) is performing preliminary
Study lo determine the relationship between certain economic indicators and annual
percentage change in the gross national product (GNP). The concer is to estimate the
peroentage change in GNP. One of such indicator being examined is government's deficit,
Data on 6 years are given below:
centag GNP 3 4 1 2 |
See eter elo
& Develop the estimating equation to predict percentage change in GNP *
government deficit.
> interpret the estimated coefficients (2)
© What percentage change in GNP would be expected in a year in which the
13)
, Sovetment deficit was Rs 110 lakh. :
4 Compute the coefficient of determination and interpret its meaning. (5)
ans: fe) Y= 1.708 0.018K ble 3708, b= — 0.15 6) = 05102 OI Fourth Semester ¢p
Advance ‘Questions Bank BBA ;
ea Company manufacturing machine parts woyq la
‘estimate the number of worker ~ hours required {or production nna
model to Se ae eg hy
at solected with the following results. ;
sssasessssses sig
1. Assuming a linear relationship,
these data,
Interpret the meaning of slope inthis problem,
Pred the average number of woker-hours required fora production
Size of 45? What other factors in addition to lot size ight be useful
worker-hours?
Compute the coefficient of determination and interpret its meaning. How usta,
think tis regression models for prectng work hours’
a
Compute the standard error of estimate and interpret the result,
‘Ans: (a)¥ = 126644 1.969% (0) b= 1.964 () Ye 100.09 (4) = IMG 9 tein
2.
cow is given five years data on Money Supply an Dine
riables in thousand fupees,
[1951 582 a
7 edit 18.90 [24-83 2548" | 2551 [7a i
— L105 1080 [1105 1.0 ue)
eve the esimaton near equation to prodeh Domestic crit from Money Sa
How do you interpret slope ofthe regression line? :
Compute and interpret the
Standard error of estimate. we
bars ihe pproximate 90% prediction interval for domestic roduc wiun
‘supply is 2.
‘ ane
apeil = ~fra6s amy ayn a1 2 20a (9 Asatte i!
24, [2008 FATRNETT] in nance, 'Sof interest to look a the relationship ahr
Sverage relum and the overall market ‘elu. A random sample of 10 stores 6° -
nd following results obtained,
Crecit for Nepal. Both var
veil
3 Assliming'a near reatonstip, use the least square method 10 into
regression equation and
hence compute the residual for stock average Aone ¥ +40 «natn ter wes
The ia
>: eT) marketing manger of a \erye supermartet
Seurrane te elec f shel space onthe als of pat nd A random eave tr ace
‘exes stores is selected with te folowing resus: a
Be - 4
(ee Pie telat
TaiculBION SHOWS that,
5X = 190 EY = 265, EX = 2260; CY" = 70.60; LXy = 384
2 Assuming 8 linear relationship, use the least-squares method to find the besi-lting
equation and hence compute the residual for store 6 What percentage of
he ota vanaton in sales 1s explained by she! space? ;
b Set-up 2 95% confidence interval estimate of the average weekly sales for af stores
that have 10 feet of shelf space for pet food.
‘Aras ¥ = 18 074K $0 0308 thee anf, LIED, 248
a Advertising is often touted as the kay to success. in seeking to
cetemine just how infivential advertising is, the management of a recenty set up retal
chan has collected data over the previous 15 weeks on sales revenue and advertising
‘expenditures from fs chain stores, with the results shown in the folowing table. \
SOT E EY SPITE ARV = 51707 5, Te © 598.75; ZY? = 6070025
a Fee ection, ug he at ena mee
+ Make an economic interpretation of the
‘ te sof these woe negative, wat woud al ay abou oe?
4 What does the value ofthe interop el you?
dos 3 64a. 958+ 195 074K fo) bv ® 198074 0)
2. BESSA] Fr» conan oman 2 cmon won ne eee
Werder vevsten and developmen (2.0) easel To. om bop a
ibe of R&D) spending and ts effect on he company § ee ee eas
‘gression was proposed. Data for the largest R&D spenders
$aght kine regression model reiaing Y 10 X. where iin tel
= Priceleamings (P/E) ratio, and X = R&D fe ‘oak
Te dala for tenty companies used inthe study are provided in folowing YX = 0.989, EY = 190.5, EX?= 0.0616, EY ?=1978.3, EXY = 10,299
Assuming @ near relationship, use the least equaTE method to fing th
© Complete residual, for company wih RS ratio, X = 0.050 and
{And also, compute the standard error ofthe estimate, SYX and inte
‘© Caloulate the coefficient of determination of the regression
and ilerpet its meaning
PIE Fao, ye¢)
Bre mar.
ation inthe
tt Esp
28, [2005 Spring G.No, 1] The managers ofa brokerage fim are interested infining aa
nab ne ces bke ings oh frm ates the aes gener yet
They sample 10 brokers and determine the number of new cl
3. Assuring @ near relationship, what isthe least square prediction fr bo ar 4
Sales (n $1,000) ora person who brings 26 new cients ino the fm? ‘
Calculate the standard error of estimate and interpret the result.
© Suppose the managers of the brokerage firm want to obtain a 994 preiin
{or the sales made by a broker who has ‘brought into the firm 18 new cats"
Would be the prediction interval for this problem? ‘i
dos: (9 etntsaroce eng yams ist
Ae aciistrs atest oss rinoes belo OH
| The management ol he fim is interested in determining the rena gt
test scores and the sales made by the trainees at the end of one yea! easoe
following data were collected for 10 sales personnel who have been inthe Find the least square regression line
te that could be used to predict the sales from
How much does the expected number i
inorease in a trainee’s test score? url dog cid incroane for each {pct
j, Use the Jeast square line to predict the it
Ua dn recap le ‘number of units that would be sold by a trainee
: ‘Anssiy ¥ = ~9364 + 42.165x (i b=: ye
, (sea S10] A firm administers a test to sales trainees before they go ro te
fed The management of the firm is interested in determining the relationship between the
ind the sales made by the trainees at the end of one year in the field, The
test soores a
towing daa were collected for 10 sales personnel who have been in he field one year [8]
Calculation shows that
iX234 Ext = 122.62
i. Find the correlation coefficient between the Test
examine if this linear relationship is significant at
Find the linear regression line. Compute the stan¢
interpret its meaning.
Test the regression coefficient atthe 1% level
Compute the 90% prediction interval for the Number of units sold of salesperson 9.
‘Ans () 1 0.9628 as 1,709» a ® 2.308, 200011) 42 4et5d 4.801% $= 109804
41402348 < You 103,9028) = 0.80
“ In a regression problem with sample size of 17, the slope was
found to be 371 and the standard error of estimate 28,654. The quantity (2x? — nX?) =
871.56, where X is an independent variable. (15)
i coefficient
Find the standard error of the regression ff
6. Construct a 95% confidence interval forthe population slope
© nary
lelrpet the above confionce interval (a) S= 28054 857 097060) ower confidence lit = 1.6413,
. str = 6.783 () PLAT < fx 8778) = 9
sys 1371 Z¥= 201121 EXY= 4954
score’ and Number of units sold,
the 5% level of significance.
.dard error of the estimate, sy.x, and
of significance.
=s
‘W Wrrte Sort NoTES
Stepwise regression
Application of regression modeling in business industry with
vample, FOU See Pek
\saqrenmemantl “oe
wapartanen of roqreseton erly
The san of causation i Regresson Anais
Carretaton yoru regression anata
Dueramy vara in rogrmssion
Mott butinesaperton would know
Sete aalit and Atveti¢ng experetire Explain why
