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    Assignment Solutions

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    shruthin

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    Assignment Solutions

    Uploaded by

    shruthin
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    5. Assignment Solutions

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    Assignment Solutions

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    of 6

    STATISTICS

    FOR
    MANAGEMENT
    Assignment – 5

    By Group 9: -

    Sayali Dattatreya Deshpande (M20MS049)

    Shaik Sameeruddin (M20MS050)

    Sheryl (M20MS051)

    Shreya Singh (M20MS052)

    Shruthin Pasunoori (M20MS053)

    Shubham Rawat (M20MS054)

    Shubham Rokade (M20MS055)


    Q.1

    44 37 49 30 56 48 53 42 51

    38 39 45 47 52 59 50 46 34

    39 46 27 35 52 51 46 45 58

    51 37 45 52 51 54 39 48

    Given,

    σ = 7.75

    n = 35

    x̅ = Σx/n = 1596/35 = 45.6

    To calculate µ for given confidence intervals,

    We use, { x̅ - z*( σ/ √n)} ≤ µ ≤ { x̅ + z*( σ/ √n)}

    a) Confidence interval = 80%

    α/2 = 0.1

    Z = 1.29

    µ = 43.91 ≤ µ ≤ 47.28

    b) Confidence interval = 94%

    α/2 = 0.03

    Z = 1.89

    µ = 43.12 ≤ µ ≤ 48.07

    c) Confidence interval = 98%

    α/2 = 0.01

    Z = 2.33

    µ = 42.54 ≤ µ ≤ 48.65
    Q.2

    12.3 11.6 11.9 12.8 12.5 11.4 12.0 11.7 11.8 12.3

    Given,

    n = 10

    df = (n-1) = 9

    To calculate µ,

    We use, { x̅ - tα/2 *( s / √n)} ≤ µ ≤ { x̅ + tα/2 *( s / √n)}

    x̅ = Σx/n = 120.3/10 = 12.03

    s = 0.44

    a) Confidence interval = 90%

    α/2 = 0.05

    tα/2 = 1.833

    µ = 11.78 ≤ µ ≤ 12.28

    b) Confidence interval = 95%

    α/2 = 0.025

    tα/2 = 2.262

    µ = 11.72 ≤ µ ≤ 12.34

    c) Confidence interval = 99%

    α/2 = 0.005

    tα/2 = 3.250

    µ = 11.58 ≤ µ ≤ 12.48
    Q.3

    a) n = 715, x = 329, confidence interval = 95%

    p̂ = x/ n = 0.46

    q̂ = 1 - p̂ = 0.54

    α/2 = 0.025

    z = 1.96

    p = p̂ ± z * √(p̂ * q̂ /n)

    p = 0.423 ≤ p ≤ 0.496

    b) n = 284, p̂ = 0.71, confidence interval = 90%

    q̂ = 1 - p̂ = 0.29

    α/2 = 0.05

    z = 1.645

    p = 0.665 ≤ p ≤ 0.754

    c) n = 1250, p̂ = 0.48, confidence interval = 95%

    α/2 = 0.025

    z = 1.96

    q̂ = 1 - p̂ = 0.52

    p = 0.452 ≤ p ≤ 0.507

    d) n = 457, x = 270, confidence interval = 98%

    p̂ = x/ n = 0.59

    q̂ = 1 - p̂ = 0.41

    α/2 = 0.01

    z = 2.33

    p = 0.536 ≤ p ≤ 0.643
    Q.4

    212 229 217 216 223 219 208 214 232 219

    Given,

    n = 10

    df = (n-1) = 9

    s2 = Σ(x- x̅)2/(n – 1) = 54.77

    To calculate σ2,

    We use, { (n-1)*s2 / (χα/2)2 } ≤ σ2 ≤ { (n-1)*s2 / (χ1 - α/2)2 }

    a) Confidence level = 90%

    α/2 = 0.05

    χα/22 = 16.9190

    1 - α/2 = 0.95

    χ1 - α/22 = 3.32

    σ2 = 29.13 ≤ σ2 ≤ 148.24

    b) Confidence level = 95%

    α/2 = 0.025

    χα/22 = 19.0228

    1 - α/2 = 0.975

    χ1 - α/22 = 2.70039

    σ2 = 25.91 ≤ σ2 ≤ 182.53

    c) Confidence level = 99%

    α/2 = 0.005

    χα/22 = 23.5893
    1 - α/2 = 0.995

    χ1 - α/22 = 1.73491

    σ2 = 20.89 ≤ σ2 ≤ 284.11

    Q.5

    a) Given,

    σ = 44, E = 3, Confidence level = 95%

    α/2 = 0.025

    Z = 1.96

    n = (z * σ)2/ E2 = 826.37

    b) Given,

    E = 2, Range = 88 – 20 = 68, Confidence level = 90%

    α/2 = 0.05

    z = 1.645

    σ = ¼ * Range = 68/4 = 17

    n = (z * σ)2/ E2 = 195.51

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