BMS11 Business Maths and Statistics
ASSIGNMENT 1
DESCRIPTIVE STATISTICS USING EXCEL

PART B.

QA).
The pie charts show that a higher percentage of the male gender has tried the product in comparison to the female gender. Over 50% of both genders have tried the product. However, the fact that the percentage of males who tried the product is higher, suggests that gender does play a role in whether the people will try the product. Yet the role genders play is small, because the difference between the percentage of females who tried the product and males who tried the product is small at only 7%.

However, since the graphs do not compare the genders within the total sample surveyed and are only a percentage of each specific gender, more information is required to answer this question with more accuracy. Another pie graph could be made to show the percentage of males and percentage of females who tried the product, as a percentage of the total sample surveyed. This would give a clearer picture of the role that gender plays, in whether gender plays a part in determining if people will or won’t try the product.

QB).
Both genders have a higher mean than median. The income mean is slightly higher for the male gender than the female gender. The mean for males is 44,760 and for females it is 44,095. This is because more males were surveyed than females. The mean is a measure of central location for income in the data but although the income levels surveyed for both genders are the same, the male gender’s mean is higher due to the higher number of candidates surveyed. Therefore, a second measure is used to determine the income central location and this is the median. The median is 37,500 and is the same for both genders. This shows the true measure of central location and is not influenced by the number of candidates in the gender sample as the mean is.

The fact that the mean is higher for the male gender than the female gender tells us, that the...

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BUSINESS IN THE INTERNATIONAL ECONOMY
ASSIGNMENT – 1
PART – A
1. If demand price elasticity measures 5,this implies that consumers would:
Ans:
2. Economic profit is:
Ans:
3. In the long run, a monopolistic competitive firm will operate at a price that:
Ans:
4. Which of the following would NOT be considered an example of foreign direct investment (FDI)?
Ans:
5. In terms of international business, market globalization can be viewed as a ------------.
Ans:
6. Which of the following statements is true about the firm-level consequence of market globalization?
Ans:
7. Peter, a graduate student from Michigan, ordered a notebook from Opus Inc., an American MNC manufacturing and selling computers and related products. The notebook that Peter ordered from Michigan was assembled in Opus ‘factory in Taipei. This exemplifies the ----------- stage in the international value chain.
Ans:
8. A born global firm is defined as -------------.
Ans:
9. Which of the following is characteristic of collectivist societies?
Ans:
10. Titania is a country characterized by a high-context culture. This implies that ---------.
Ans:
PART – B
a. Discuss the impact of market globalization on consumer lifestyles and preferences around the world. Provide examples to illustrate your answer?...

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(BHRM)
BUSINESSSTATISTICS (BBI 1224)
Name :
Student ID# :
Semester :
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Student’s Signature :
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DATE : ------------------------
TIME : ________________
RECEIVER’S NAME : _______
ANSWER
1.
A) Amount of time spent shopping in the bookstore
Answer: Numerical variable-continuous-ratio scale.
B) Number of textbooks purchased
Answer: Numerical variable-discrete-ratio scale.
C) Gender
Answer: Categorical variable-nominal scale.
2.
The following is a set of data from a sample of
7 4 9 8 2
A) Compute the first quartile the third quartile and the interquartile range.
Rank: 2 4 7 8 9
First quartile = 2+4 / 2 = 3
Third quartile = 8+9 / 2 = 8.5
Interquartile range = third quartile – first quartile = 8.5 – 3 = 5.5
B) List the five-number summary.
1) X...

...Group AssignmentBusinessStatistics
CBEB1109
Tutorial : Tuesday 11.00am – 12.00pm
Instructor : Dr. Sharifah Latifah Binti Syed A Kadir
Group : Group 2
Group Members :
1.
Kao Wei Jian
CEA 130028
2.
Lim Kin Chun
CEA 130041
3.
Amirul Asyraaf bin Azhar
CEA 130002
4.
Nur Hasfaiza bt Mohd Zaid
CEA 130063
5.
Muhammad Hamdin Zarif Bin Mohd Zaidi
CEA 100062
6.
Lim Sin Pei
CEA 130043
7.
Wong Siew Yen
CEA 130097
1. Of 100 individuals who applied for systems analyst positions with a large firm during the past year, 40 had some prior work experience, 30 had a professional certificate and 20 of them had both work experience and a certificate.
a Determine if work experience and certification are independent events.
Let A = Prior Work experience
B = Professional Certificate
A
A’
Total
B
20
30
50
B’
40
10
50
Total
60
40
100
=
= 0.4
P(A) =
= 0.6
, so it is not an independent event.
b What is the probability that a randomly chosen applicant,
i had either work experience or a certificate?
) =
=
= 0.9
ii has neither work experience nor a certificate?
iii has a certificate if he has some previous work experience?
= 0.33
2. Because of economic conditions, a firm reports that 30 percent if its accounts receivable from other business firms are overdue. If an accountant takes a random sample of 10 such accounts, determine the probability that
p=30% @ 0.3
n=10
X~B(10,0.3)
a....

...Hot-rolled iron
Corn
Iron ore
Top 5 sectors contributing to Importsi
Packaged medicaments
Petroleum gas
Refined Petroleum
Cars
Coal
Current Trade % w.r.t. World Tradej
0.5
0.45
0.40
0.375
0.40
Selected Industry and Product Description: Pharmaceutical Industry, Atorvastatin Drug (Cholesterol Lowering Drug)
Existing Trade Relationships & Future Potential3:
Russia and European Union are Ukraine’s first and second largest trading partners.
Ukraine does not have a FTA with India yet, still India stands second in terms of Pharmaceuticals exports to Ukraine,
next to Germany.
Ukraine has a DCFTA and Most Favoured Nation treatment with Germany. In our business,
heart drugs exported from Germany or France can be a major competitor to our generic drug Atorvastatin.
Future potential of Ukraine’s trade relationships depend on how the economy develops in the next few months,
and European Bank for Reconstruction and Development
which will help Ukraine develop high quality medicines at cheaper prices compared to prices of imported drugs,
and also assist pharma companies reach international standards.
Reasons for Selection of the Product:
Demand Analysis: Key Points4
Ukraine ranks 2nd in the world for Heart Disease a. About 60% of the deaths in Ukraine are heart related b....

...Omkar & Yaying
Wednesday 5-6pm
WEEK 3 BES PASS
Descriptive Statistics Population - a set of all possible observations. Sample - a portion of a population. We often use information concerning a sample to
make an inference (conclusion) about the population.
Parameter - describes a characteristic of the population, eg: the population variance Statistic- describes a characteristic of a sample, eg: the sample variance
Frequency Distribution and Histograms Class - a collection of data which are mutually exclusive Frequency distribution - a grouping of data into classes Relative frequency distribution - calculates the number of data in a class as a percentage
of the total data
Shapes of Distributions and Histograms
A histogram is symmetrical if one half of the histogram is a mirror reflection of the other Non-symmetrical distributions are said to be “skewed”
a) Skewed to the right (Positively skewed) Mode < Median < Mean
b) Skewed to the left (Negatively skewed) Mode > Median > Mean
c) Symmetric Distribution Mode = Median = Mean
Measures of Central Tendency: The Mean, Mode and Median The mean is the average of scores: Population mean: μ = Σ xi/N
Sample mean: x = Σ xi/n
The mode is the value that has the highest frequency The median is the middle value of data ordered from lowest to highest The median and the mode are relatively less sensitive to outliers.
Quartiles and Percentiles,...

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Business Analytics: Unit 1: Descriptive Statistics and Mathematical Foundations
Kaplan University
March 23, 2014
Descriptive Statistics and Mathematical Foundations
Part I: Pie Chart & Bar Graph
This information regards T-100 Domestic Market’s boarding information during the previous year for the top seven airlines in the United Sates. According to the data Southwest Airlines boarded 81.1 million; Delta Airlines, 79.4 million; American Airlines, 72.6 million; United Airlines, 56.3 million; Northwest Airlines, 43.3 million; U.S. Airways, 37.8 million, and Continental Airlines, 31.5 million (KU, 2014).
This is ungrouped data that needs to be grouped into a pie chart and a bar graph. The bar graph and pie chart both lists nonmetric (qualitative) descriptive statistics. The descriptive statistics are called, ordinal statistics which rank each airline from highest to lowest or lowest to highest annual boarding information (Black, 2012). The pie chart and bar graph summarizes the top seven airlines previous years boarding data. First, I will discuss the pie chart. The pie chart below shows the percentage breakdown of each airline’s annual boarding information. Each of the breakdowns represents the magnitude of the whole pie chart in percentages (Black, 2012). As you will notice that the leaders in the airline industry is Southwest and Delta Airlines with 20...

...| Merola Resort Properties |
| |
Group 2Team 2 | StatisticAssignment - Lecturer: Sienney Liu |
| Team members: Nguyen Ngoc Bao Chau s3408641Dinh Bach Nga s3410233Huynh Minh Khoa s3409594 |
QUESTION 1:
Use Excel to create a histogram which displays the frequencies of different satisfaction levels collected from the guests in each of the two hotels. Be sure to include the two Frequency Distribution tables with your two histograms.
Bin | Frequency |
0 | 1 |
2 | 22 |
4 | 24 |
6 | 16 |
8 | 23 |
10 | 14 |
More | 0 |
Bin | Frequency |
0 | 0 |
2 | 15 |
4 | 18 |
6 | 35 |
8 | 15 |
10 | 17 |
More | 0 |
Satisfaction levels collected from the guests in
Happy Hotel
Distribution table
Happy Hotel
Satisfaction levels collected from the guests in
Lucky Hotel
Distribution table
Lucky Hotel
QUESTION 2:
Use Excel to get the mode, mean, median and comment on the customer satisfaction levels on the two hotels (including a comparison of the two levels of satisfaction) based on these central tendency data
Happy Hotel |
| |
Mean | 4.723 |
Median | 4.5 |
Mode | 2.8 |
Lucky Hotel |
| |
Mean | 5.031 |
Median | 5.2 |
Mode | 5.2 |
Central tendency data of the customers’ satisfaction levels on the two hotels
Mean
In...(text book page 58), “mean” is defined as “the average of a group of numbers”. In application for this...

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1 - Produce the relevant descriptive graph and table to summarise the MODE variable (labelled Control: Completes by phone/mail/web). The MODE variable summarises the different ways that each institution completed the survey. Write a paragraph explaining the key features of the data observed through the output.
The distribution of the surveyance mode which was conducted for a sample of 2000. The mode is displayed in the above chart. The most common primary mode was the web (53.9%) it was above the average. The second and third in common was the Mail and the Phone – Full mode at 24% and 16.3% respectively, very few people uses the Phone – Short method (5.9%)
2 - Produce the relevant descriptive graph and table to summarise the OPSEXTOTM variable (labelled QB5b_num_mal. Male outpatients – Total). This variable measures the total number of male outpatients at each institution. Write a paragraph explaining the key features of the data observed through the output
The distribution of male outpatients at each institution in a sample of 2000 is displayed in the above histogram. The distribution is positively skewed with 50% below 96 cases or less. Typically male outpatient cases were between 30 and 223 with mean at 191.62 and standard deviation of 349.62. However there were quite a number of outliers with 3 significant outliers above 4000 cases in ID 2926, 7251 and 6751 and there were a number of institutions with...