BBM 350 Managerial Statistics
BBM 350 Managerial Statistics
BBM 350 Managerial Statistics
SUPPLEMENTARY/SPECIAL EXAMINATION
INSTRUCTION TO CANDIDATES
Choose any other THREE (3) questions from the remaining FIVE (5) questions
Do not carry mobile phones or any other written materials in examination room
This paper consists of FIVE (5) printed pages please turn over
Supplementary / special exam 1 Good Luck – Exams Office
QUESTION ONE (COMPULSORY)
QUESTION THREE
(a) State the three assumptions which must hold true to use one way ANOVA. [4 marks]
(b) The research department of Post Bank observes various employees for work productivity.
Recently, this department wanted to check whether the four tellers at a branch serve, on
average, the same number of customers per hour. The research manager observed each of the
four tellers for a certain number of hours. The table below gives the number of customers
served by the four tellers during each of the observed hours.
Tellers
A B C D
19 14 11 24
21 16 14 19
26 14 21 21
24 13 13 26
18 17 16 20
13 18
At the 5% significance level, test the null hypothesis that the mean number of customers served
per hour by each of these four tellers is the same. Assume that all the assumptions required to
apply the one-way ANOVA procedure hold true. [11 marks]
QUESTION FIVE
(a) Random samples of four bags are taken every half hour from the output of a machine filling
0.5kg bags of flour. The bags are accurately weighed and their masses (less than 0.5kg) are
given (in tenths of a gram) in the table below:
Sample
1 2 3 4 5 6 7 8 9 10
-2 -9 9 -1 9 9 8 2 -1 1
2 7 9 2 -9 -4 4 1 0 3
-2 0 -4 7 1 -7 -9 -9 -6 -1
9 9 4 3 1 -8 0 2 -9 0
QUESTION SIX
(a) Define
i. a hypothesis
ii. power of a test [3 marks]
(b) The following table gives the 2002 US car market shares held by various auto companies.
Company GM Ford Honda Toyota Chrysler others
A business organization wanted to investigate if the current US car market shares of these
companies are the same as for 2002. A sample of 2000 recently sold new cars showed that
715 were manufactured by GM, 446 by Ford, 175 by Honda, 187 by Toyota, 178 by Chrysler
and 299 by other companies.
Testing at 2.5% significance level, will you reject the null-hypothesis that the current US car
market shares held by these companies are the same as for 2002 [12 marks]