Accounting & Statistics
Assignment Cover Sheet
RESULT
STUDENT NAME PROGRAMME MODULE TITLE MODULE TUTOR MODULE CREDITS ASSIGNMENT TITLE HANDOUT DATE 15/11/2012 PENALTIES FOR LATE SUBMISSION
Kostas Papanikos
Master In Business Administration Managing accounting and Statistics Dr Kounis Leo 15 Assignment SUBMISSION DATE 15/12/2012 CONTRIBUTION TO OVERALL MODULE 50%
Up to one week late: Pass maximum grade awarded. Over one week late: Fail grade awarded
University of Wales
1
City Unity College
YOU MUST TYPE ON PAGE 2 OF YOUR ASSIGNMENT THE FOLLOWING :
“I certify this work is the result of my own investigations, except where otherwise stated. references have been duly cited”
All
Signature …………………………………………………………………………………
University of Wales
7
City Unity College
ASSIGNMENT (25 POINTS FOR EACH QUESTION) 1. a). Table 1 shows the index of industrial production of all US manufacturers for the years 1974-1985 with 1977 as the base period. Obtain a new index with: a. 1979 and b. 1974-1976 as the base
Year Index of industrial production (1974=100) Table 1: Index of industrial US production, © Survey of Current Business 1974 93 1975 85 1976 93 1977 100 1978 107 1979 111 1980 109 1981 111 1982 103 1983 109 1984 122 1985 125
b). Table 2 shows a country’s production of wheat (in millions of litres) for the years 1977-1985. Reduce the table’s data to quantity relatives by using: c. 1982, and d. 1977-1980 as the base
Year Production of wheat Table 2: Country’s production of wheat (in millions of litres) 1977 2046 1978 1776 1979 2134 1980 2380 1981 2785 1982 2765 1983 2420 1984 2595 1985 2425
2. The variable X1 is thought to be a linear function of X2 and X3. A sample of 12 pairs of readings (X2, X3) produced the values of X1 shown in table 3. X1 X2 X3 64 57 8 71 59 10 53 49 6 67 62 11 55 51 8 58 50 7 77 55 10 57 48 9 56 52 10 51 42 6 76 61 12 68 57 9
Table 3: Relations of readings as opposed to X1, X2, X3
a.
Find the least-squares regression
RESULT
STUDENT NAME PROGRAMME MODULE TITLE MODULE TUTOR MODULE CREDITS ASSIGNMENT TITLE HANDOUT DATE 15/11/2012 PENALTIES FOR LATE SUBMISSION
Kostas Papanikos
Master In Business Administration Managing accounting and Statistics Dr Kounis Leo 15 Assignment SUBMISSION DATE 15/12/2012 CONTRIBUTION TO OVERALL MODULE 50%
Up to one week late: Pass maximum grade awarded. Over one week late: Fail grade awarded
University of Wales
1
City Unity College
YOU MUST TYPE ON PAGE 2 OF YOUR ASSIGNMENT THE FOLLOWING :
“I certify this work is the result of my own investigations, except where otherwise stated. references have been duly cited”
All
Signature …………………………………………………………………………………
University of Wales
7
City Unity College
ASSIGNMENT (25 POINTS FOR EACH QUESTION) 1. a). Table 1 shows the index of industrial production of all US manufacturers for the years 1974-1985 with 1977 as the base period. Obtain a new index with: a. 1979 and b. 1974-1976 as the base
Year Index of industrial production (1974=100) Table 1: Index of industrial US production, © Survey of Current Business 1974 93 1975 85 1976 93 1977 100 1978 107 1979 111 1980 109 1981 111 1982 103 1983 109 1984 122 1985 125
b). Table 2 shows a country’s production of wheat (in millions of litres) for the years 1977-1985. Reduce the table’s data to quantity relatives by using: c. 1982, and d. 1977-1980 as the base
Year Production of wheat Table 2: Country’s production of wheat (in millions of litres) 1977 2046 1978 1776 1979 2134 1980 2380 1981 2785 1982 2765 1983 2420 1984 2595 1985 2425
2. The variable X1 is thought to be a linear function of X2 and X3. A sample of 12 pairs of readings (X2, X3) produced the values of X1 shown in table 3. X1 X2 X3 64 57 8 71 59 10 53 49 6 67 62 11 55 51 8 58 50 7 77 55 10 57 48 9 56 52 10 51 42 6 76 61 12 68 57 9
Table 3: Relations of readings as opposed to X1, X2, X3
a.
Find the least-squares regression
References: Lind, D. & Marchal, W. & Wathen, S. (2006) Basic Statistics for Business and Economics. 5th edn. Singapore: Mc Graw Hill http://blog.accountingcoach.com/absorption-costing/ http://www.investopedia.com/terms/i/irr.asp