Decision Science - Assignment
Decision Science - Assignment
1 1) Probability Table: - Here the prior probabilities show the scheduled flights of
different airlines and conditional probabilities show their on time rates.
Revised Probability:-
= 0.40/0.675
= 0.59
Hence probability is 0.59 that a plane which has just left on was airline ’Amira’.
Ans.2 Part 1 in regression, the variable to be predicted is called the dependent variable and is
designated as y. While the predictor is called the independent variable, or explanatory variable
and is designated as x. In this question the dependent variable is sales of Kahwa (y) . Spending
on Advertisement is an independent variable because Rashmi wants to know the effect of its
spending on dependent variable sales (x). Apart from this number of sales representative and
customer satisfaction ratings are also independent variables.
Adv. Sales
x2 y2 xy
(x) (y)
5512 55328 30382144 3061187584 304967936
8337 56251 69505569 3164175001 468964587
8788 57126 77228944 3263379876 502023288
8828 58739 77933584 3450270121 518547892
9050 66984 81902500 4486856256 606205200
10150 70676 103022500 4995096976 717361400
11236 73206 126247696 5359118436 822542616
12538 80571 157201444 6491686041 1010199198
13161 93168 173211921 8680276224 1226184048
13448 99432 180848704 9886722624 1337161536
∑x = ∑y = ∑xy=
10104 71148 751415770
8 1 ∑x2=1077485006 ∑y2 = 52838769139 1
n = 10
= 324784492.2
= 56415175.6
b1 = SSxy/ SSxx
= 324784492.2/56415175.6
= 5.757041235
b0 = ∑y/n-b1 *∑x/n
= 711481/10-5.757041235*101048/10
= 12974.34973
y 12974.34973+5.757041235x
Part3)
SUMMARY
OUTPUT
Regression Statistics
0.91810485
Multiple R 1
0.84291651
R Square 8
0.82328108
Adjusted R Square 3
6599.71674
Standard Error 5
Observations 10
ANOVA
Significance
df SS MS F F
42.9283337
Regression 1 1869797714 1869797714 6 0.000178106
43556261.1
Residual 8 348450088.9 1
Total 9 2218247803
Here greater R square value present positive correlation between Advertisement expenses and
sales.
Adjusted R square value is nearly close to 1 which shows positive impact of advertisement on
sales.
Annova Table
Alpha (significance in F) is less than 0.05 which exhibits a significant relationship between sales
and advertisement.
To conclude we can say that there is positive correlation between advertisement expenses and
sales of Kahwa.
=25/15(25-15)*(0.75)15 * (0.25)10
= 0.041658
=25/20(25-20)*(0.75)20 * (0.25)5
= 0.164538
Ans.3b a) Probability of getting more than 12000 hits. P(x > 12,000)
Z = x-µ/ σ
= 12000-10000/2400
= 0.833
= 0.2977
Z = x-µ/ σ
= 9000-10000/2400
= -0.4167
= 0.1616