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15 views5 pages

STA301

Uploaded by

ashoomehar9
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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STA 301 STATISTICS AND PROBABILITY

ASSIGNMENT 1
”SOLUTION 1”
SRUDENT NAME: Urwa Arshad
Student I.D : BC220204291

Question no 1
Solution:
Correlation Coefficient Calculation
Formula
The formula to calculate Pearson’s correlation coefficient is:

x (Age of Car) y (Resale x² y² xy


Value)
2 18 4 324 36
4 15 16 225 60
5 11 25 121 55
6 8 36 64 48
8 7 64 49 56
11 5 121 25 55
According to formula we have to find:

∑x = 2 + 4 + 5 + 6 + 8 + 11 = 36
∑y = 18 + 15 + 11 + 8 + 7 + 5 = 64
∑x² = 4 + 16 + 25 + 36 + 64 + 121 = 266
∑y² = 324 + 225 + 121 + 64 + 49 + 25 = 808
∑xy = 36 + 60 + 55 + 48 + 56 + 55 = 310

Substitute the values into the formula:

r=
r

r=

r ≈−0.935

The correlation coefficient r ≈−0.935 indicates a strong negative correlation between the age of
a car and its resale value. This means that as the age of a car increases, its resale value tends to
decrease significantly.

QUESTION 2
Solution:

1. Data Range: The smallest value is 0.5, and the largest value is 5.5.

Range = 5.5 - 0.5 = 5.0

2. Class Width: Divide the range by the number of classes (6):

Class Width = Range / Number of Classes = 5.0 / 6 ≈ 0.833

Round up to 1 for simplicity.

3. Class Intervals: Start from 0 and use a width of 1. The intervals are:

- 0.0 - 0.9
- 1.0 - 1.9
- 2.0 - 2.9
- 3.0 - 3.9
- 4.0 - 4.9
- 5.0 - 5.9

The frequency distribution table is as follows:


Class Interval: 0.0 - 0.9
Data points in this range: 0.5, 0.5, 0.5
Frequency: 3

Class Interval: 1.0 - 1.9


Data points in this range: 1.0, 1.5, 1.5, 1.0, 1.0, 1.5, 1.5, 1.0
Frequency: 8

Class Interval: 2.0 - 2.9


Data points in this range: 2.0, 2.5, 2.0, 2.5, 2.0, 2.5, 2.5, 2.0, 2.0, 2.0, 2.5
Frequency: 11

Class Interval: 3.0 - 3.9


Data points in this range: 3.0, 3.0, 3.5, 3.5, 3.0, 3.0, 3.0, 3.5, 3.5, 3.5, 3.0
Frequency: 11

Class Interval: 4.0 - 4.9


Data points in this range: 4.0, 4.5, 4.0, 4.5, 4.0, 4.0, 4.5, 4.5, 4.0, 4.0
Frequency: 10

Class Interval: 5.0 - 5.9


Data points in this range: 5.0, 5.5, 5.0, 5.0, 5.5, 5.0, 5.0
Frequency: 7

Class Interval Frequency


0.0 - 0.9 3
1.0 - 1.9 8
2.0 - 2.9 11
3.0 - 3.9 11
4.0 - 4.9 10
5.0 - 5.9 7

Total Frequency = 3+ 8 + 11 + 11 + 10 + 7 = 50

which matches the number of data points provided.

Midpoint= (Lower Bound +Upper Bound)/2

For the class interval 0.0−0.9


Midpoint = (0.0+0.9) / 2
Midpoint = 0.45
Here are the calculations for all the class intervals:

For the class interval 1.0−1.9


Midpoint = (1.0+1.9) / 2
Midpoint = 1.45

For the class interval 2.0+2.9


Midpoint = (2.0+2.9) / 2
Midpoint = 2.5
For the class interval 3.0+3.9
Midpoint = (3.0+3.9) / 2
Midpoint = 3.5

For the class interval 4.0+4.9


Midpoint = (4.0+4.9) / 2
Midpoint = 4.5

For the class interval 5.0+5.9


Midpoint = (5.0+5.9) / 2
Midpoint = 5.5

Class Interval Frequency Midpoint


0.0 - 0.9 4 0.5
1.0 - 1.9 8 1.4
2.0 - 2.9 12 2.5
3.0 - 3.9 11 3.5
4.0 - 4.9 9 4.5
5.0 - 5.9 6 5.5

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