Project Sp24
Project Sp24
Day 1 2 3 4 5
Time (seconds) 45 43 46 32 25
45
40
Time (seconds)
35
30
25
20
1 2 3 4 5
Day
Categories of people
D
10% A
22%
C
40%
B
28%
A B C D
Final Percentage
Final Grade Frequency Grade frequency
A 31 A 31
B 36 B 36
C 21 C 21
D 9 D 9
E 3 E 3
21
20
15
9
Classification of students in Statistics class
40
36
35
31
30
25
Frequency
21
20
15
10 9
5 3
0
Category
A B C D E
A4 The number of household members, x, and the amount spent on groceries per week, y, are
measured for six households in a local area.
create a scatterplot of these six data points.
X Y(In dollars)
2 384
3 421
3 465
4 546
1 207
5 621
450
400
350
300
250
200
0.5 1 1.5 2 2.5 3 3.5 4 4.5 5 5.5
No of household members
Part B— Use Excel calculate statistics.
Use Excel to calculate statistics for a small quantitative data set (about 15 observations). This could one of the data sets used above.
Have Excel calculate the following statistics for this data set:
B1- Minimum, maximum and range
B2- Q1, median, Q3, and Inner-Quartile Range
B3- mean, variance (sample or population depending on data) and standard deviation (sample or population depending on data)
Systolic
Subject pressure
1 172
2 140
3 123
4 130
5 115
6 148
7 108
8 129
9 137
10 161
11 123
12 152
13 133
14 128
15 142
B2
Q1 Median Q3 IQR
125.5 133 145 19.5
B3
Mean Variance Standard Deviation
136.0666666667 292.495238 17.10249216 or 17.102492
selling price
of
sq ft of living residential
Residence space property
1 1360 278.5
2 1940 375.7
3 1750 339.5
4 1550 329.8
5 1790 295.6
6 1750 310.3
7 2230 460.5
8 1600 305.2
9 1450 288.6
10 1870 356.7
11 2210 425.3
12 1480 268.8
C2 I would consider the selling price of the residential property ,y , as the dependant variable and
x, square feet of living space, to be the ndependent variable
C3 Residence X Y
1 1360 278.5
2 1940 375.7
3 1750 339.5
4 1550 329.8
5 1790 295.6
6 1750 310.3
7 2230 460.5
8 1600 305.2
9 1450 288.6
10 1870 356.7
11 2210 425.3
12 1480 268.8
C5 0.923445084284
this correlation coefficient indicates that there is a strong, positive relationship between the living space and selling price of the residences.
C6
500
450
Selling Price
400
350
300
250
1400 1500 1600 1700 1800 1900 2000 2100 2200 2300
Living space in sq ft
C7 SUMMARY OUTPUT
Regression Statistics
Multiple R 0.9234450843
R Square 0.8527508237
Adjusted R Square 0.8380259061
Standard Error 23.914646983
Observations 12
ANOVA
df SS MS F Significance F
Regression 1 33120.5258 33120.526 57.91209466 1.819206E-05
Residual 10 5719.1034 571.91034
Total 11 38839.6292
Coefficients Standard Error t Stat P-value Lower 95% Upper 95%Lower 95.0%Upper 95.0%
Intercept -4.6096817991 45.3145079 -0.101726 0.920984697 -105.5766975 96.357334 -105.5767 96.357334
X 0.1949388075 0.02561614 7.6099996 1.81921E-05 0.1378624933 0.2520151 0.1378625 0.2520151
The equation
Y = -4.6097 +0.1949X
Interpretation
C8 the slope for X
b = 0.1949
this can be interpreted as , for a one unit increase in living space of a residence the selling price of the property increases by 0.1949.
C9 R-Squared =0.8526
This means that 85.26% of the variabilty in selling price of residential properties can be xplained by the variability in living space, hence the model is a good fit.
C11 Yes, all the three statistics suggest there is a significant linear relationship between the two variables.
reference
Mendenhall, W., Beaver, R. J., & Beaver, B. M. (2020). Introduction to probability and Statistics. Cengega.