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Assignment 1 - Spring 2025

The document outlines the requirements and tasks for Assignment 1 of the ISOM2500 Business Statistics course at The Hong Kong University of Science and Technology, due on March 13, 2025. It includes prohibitions on using generative AI, instructions for calculations and graphs, and various statistical analysis tasks related to surveys and data interpretation. Specific tasks involve analyzing data from a food delivery service, smartphone shipments, football player statistics, student waitlist days, and probabilities related to entrance exams and employee surveys.

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0% found this document useful (0 votes)
4 views4 pages

Assignment 1 - Spring 2025

The document outlines the requirements and tasks for Assignment 1 of the ISOM2500 Business Statistics course at The Hong Kong University of Science and Technology, due on March 13, 2025. It includes prohibitions on using generative AI, instructions for calculations and graphs, and various statistical analysis tasks related to surveys and data interpretation. Specific tasks involve analyzing data from a food delivery service, smartphone shipments, football player statistics, student waitlist days, and probabilities related to entrance exams and employee surveys.

Uploaded by

k067489hky
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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The Hong Kong University of Science and Technology

ISOM2500 Business Statistics (L1 & L2, Spring 2025)


Assignment 1
Due on 13 March 2025 (Thursday) at 11:59pm (HKT)

 You are prohibited from using generative artificial intelligence (AI), e.g., ChatGPT, to
produce any materials or content related to this assignment.
 Show your calculation steps clearly to be awarded a full mark.
 Numerical answers should be either exact or corrected to at least 4 decimal places.
 Produce any graph in MS Excel and attach them in/with your (hand-written or typed)
assignment for submission.
 Each member in a group should contribute equally to this group assignment. As stated in the
course syllabus, free-riding or irresponsible behavior may result in a lower individual
mark. Report to TA with sufficient supporting evidence via email in case of any irresponsible
or “free-riding” behavior of a group member.
 Each group is required to submit only ONE set of assignment in Canvas.

1. The food delivery company keeta has entered the Hong Kong market for a couple of years, and
the company’s market team is conducting a survey asking the following questions. For each
question, please identify the resulting data type, i.e., categorical or quantitative, together with the
corresponding scale of measurement.
a. Have you used Keeta's delivery service before?
b. How many times do you use food delivery services on average per week?
c. Which food delivery app, Deliveroo, Foodpanda or Keeta, is your favorite and you are most
likely to use?
d. On a scale of 1 to 5, how would you rate your most recent food delivery order?

2. The following table lists the number of global smartphone shipments from different vendors in
2024 Q1.
Vendor Q1 2024 Shipment (million)
Samsung 60.0
Apple 48.7
Xiaomi 40.7
Transsion 28.6
Oppo 25.0
Others 93.3

a. Draw a bar chart.


b. Draw a pie chart.
c. What information is conveyed by each chart?
d. What is the insight you can gather in regards to the market share of the smartphone
industry?

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3. The following table lists the total number of goals scored by football players in Premier League
23/24, including only players scoring 9 or more goals. Use a graphical technique to analyse the
number of goals. What is the shape of the distribution of the number of goals? What is the insight
from the data? (Set the bin/class width as 1)

Player Total

Erling Haaland 27
Cole Palmer 22
Alexander Isak 21
Phil Foden 19
Ollie Watkins 19
Dominic Solanke 19
Mohamed Salah 18
Son Heung-min 17
Bukayo Saka 16
Jarrod Bowen 16
Jean-Philippe Mateta 16
Nicolas Jackson 14
Chris Wood 14
Kai Havertz 13
Leandro Trossard 12
Matheus Cunha 12
Hwang Hee-chan 12
Yoane Wissa 12
Julián Álvarez 11
Darwin Núñez 11
Anthony Gordon 11
Richarlison 11
Eberechi Eze 11
Carlton Morris 11
Diogo Jota 10
Bruno Fernandes 10
Rasmus Højlund 10
Leon Bailey 10
Michael Olise 10
Elijah Adebayo 10
Callum Wilson 9
Douglas Luiz 9

Source: premierleague.com

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4. During the university’s add-drop period, students may get waitlisted in some of the courses that
are selected. Here is a sample of 20 students’ waiting days before getting enrolled in course
ISOM2500:

7 5 4 8 10 7 5 6 8 2 3 20 4 5 7 16 12 14 1 11
a. Compute the mean, median, and mode.
b. Compute the lower and upper quartiles.
c. Briefly describe what each statistic tells you.

5. A university uses an “entrance exam” in screening applicants for a bachelor degree, but there are
still admission exceptions by students who fail this entrance exam. After graduation, 80% of
students who gain the professional qualification passed this entrance exam, whereas 90% of
students who fail to gain the qualification failed this exam. It is known that there is a 60% success
rate in gaining a professional qualification in a public exam.

a. If an applicant passes the “entrance exam”, what is the probability that the applicant will
succeed in gaining a professional qualification?
b. Based on your answer in Part a, do you think that the “entrance exam” is a valuable way
to screen applicants? Explain.

6. A company conducted a survey of its employees to determine their attitude toward a buyout of the
company’s stock. Each of the company’s 1040 employees was asked whether they favoured the
buyout and whether they planned to retire within the next 15 years. The number of employees
falling in the four buyout-retirement categories are shown in the following contingency table:

Suppose an employee is selected at random from the company.


a. What is the probability that the employee does not favour a buyout?
b. What is the probability that the employee will not retire within the next 15 years?
c. What is the probability that the employee does not favour the buyout given that he or she
plans to retire within the next 15 years?

7. In a university, there is a chance of 10% of receiving scholarships for every student. In a class of
15 students, find the probability of X, which is the number of students who receive scholarships in
this class.

a. 𝑃(X = 4).
b. At least 3 students receive scholarships.

3
8. A fountain in a park sprays water every 30 minutes. Let X be the waiting time for a visitor
arriving randomly at the park to see the fountain spray.

a. What distribution does X follow?


b. Calculate the mean and the standard deviation of the waiting time. How do you interpret
these values?
c. Find the probability that a visitor waits for 15 minutes or longer after arrival.
d. Find P(X ≥ 30).
e. Assuming you have already waited for 10 minutes, what is the probability that you need

A is the event that your waiting time is 20 minutes or more, i.e., {X ≥ 20}, and B is the
to wait for at least 10 more minutes? [Hint: This is a conditional probability P(A|B), where

event that your waiting time is 10 minutes or more, i.e., {X ≥ 10}.]

non-stop until they burn out and are replaced. The lifetime of the bulbs, X, is a normally
9. Each year, a large warehouse uses thousands of fluorescent light bulbs that burns 24 hours per day

distributed random variable with mean 620 hours and standard deviation 20 hours. If a light bulb
is randomly selected, how likely its lifetime is less than 582 hours?

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