Business Analysis
Business Analysis
- Student work 20 %
- Individual Assignment 20 % (buổi 6, 7 16 topics, mỗi người 4 – 5 bài)
- Final exam 50 %
Hypothesis testing
S1:
H0 mean x(male) = mean x(female)
H1 mean x(male) ≠ mean x(female) bigger/ smaller
S2: Method: Independent Samples t-test
S3: Descriptive statistics: N, mean x, s
S4: Assumption of the homogeneity of the variance
Nhóm đồng nhất là nhóm có phương sai của 2 mean không quá khác biệt
Levene’s test: Equal variance
F Levene's test=?
P Levene's test=?, ≤0.05
P>0.05 Equal variance assumed
P≤0.05 Equal variance not assumed
sig(p-value)
Step 1:
H0: There is no difference of the average household income between male and female
H1: There is a significant difference of the average of the average household income
between male and female
Step 2: Methodology
Step 3: Descriptive statistics
Group Statistics
Step 4: Assumptions
Independent Samples Test
95% Confidence
Interval of the
Difference
Household income Equal variances 1.865 .172 -.702 6398 .483 -1.38101 1.96808 -5.23912 2.47709
in thousands assumed
Equal variances not -.702 6374.362 .483 -1.38101 1.96713 -5.23725 2.47522
assumed
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Step 1:
H0: There is no difference of the average household income between wireless and no
wireless service
H1: There is a significant difference of the average of the average household income
between wireless and no wireless service
Step 2: Methodology
Step 3: Descriptive statistics
Description: There are 3853 ppl with wireless internet service, while there are 2547 ppl
without wireless internet service
The answer income for the former group is 6292, while the latter is 7930
Group Statistics
Step 4: Assumptions
Independent Samples Test
95% Confidence
Interval of the
Difference
Household income Equal variances 73.179 .000 -8.168 6398 .000 -16.33625 2.00002 -20.25696 -12.41554
in thousands assumed
Equal variances not -7.660 4269.256 .000 -16.33625 2.13272 -20.51749 -12.15501
assumed
Step 5: Result
t=-7.660, p < 0.0001 < 0.05
There is a significant difference of the average of the average household income
between wireless and no wireless service (H1 supported)
Income of the ones who use the wireless service is 16336$ higher than the ones who
don’t and it is significant at 0.001 level
PAIRED-SAMPLES T-TEST
Step 1: mean xA = mean xA’
H0 : mean xest = mean xact
H1 : mean xest ≠ mean xact
Step 2: Methodology: Paired sample t-test
Step 3: Descriptive statistics
Step 4: Correlation r=?
Step 1:
H0
H1
Step 2: Methodology
Step 3: Descriptive statistics
Std. Error
Mean N Std. Deviation Mean
Step 4:
N Correlation Sig.
The estimated data and actual data have a strong correlation with r=0.797 and it is
significant at 0.001 level
Step 5: Result
Paired Samples Test
Paired Differences
Std.
Mean Deviation Std. Error Mean Lower Upper t df Sig. (2-tailed)
Pair 1 Estimated - Actual -6.37868 10.30853 .58454 -7.52886 -5.22851 -10.912 310 .000
t=-10.912, p<0.001
H1 is supported
There is a significant difference between the estimated data and actual data
The estimated data is smaller than the actual data and the mean difference is 6.379
and it is significant at 0.001 level
ANOVA n0 group ≥ 2
Step 1:
H0 = mean xA = mean xB = …= mean xi
H1 = at least 1 difference (e.g mean xA ≠ mean xB= mean xc)
Step 2: Method ANOVA
Step 3: Descriptive statistics
Step 4: Assumptions of the homogeneity of variance
FLevene’s =?; PLevene’s test=? PLevene’s > 0.05 equal variance asssumed
P ≤ 0.05?
H1 supported
- Equal variance not assumed ANOVA table: the result could be wrong
Robust test (Welch/ Brown F…); FWelch=?; P ≤ 0.05
H1 supported
Step 1:
H0: There is no significant difference in the average household income among groups
who drive different types of cars.
H1= There is a significant difference in the average household income among groups who
drive different types of cars.
Step 2: Methodology: ANOVA
Step 3: Descriptive statistics
Descriptives
95% Confidence
Interval for Mean
Step 5: Result
ANOVA
Because the Levene test is significant, we use the Robust test of equality of the means
Robust Tests of Equality of Means
a. Asymptotically F distributed.
Descriptives
95% Confidence
Interval for Mean
Levene
Statistic df1 df2 Sig.
ANOVA
a. Asymptotically F distributed.
Multiple Comparisons
Household income in thousands
Tamhane
Did not complete High school degree-6.34094 2.33139 .064 -12.8724 .1905
high school
Some college -10.26837* 2.74450 .002 -17.9587 -2.5781
The average household income of the people who did not finish highschool is $634094,
$1026837, $1878400, $2730373 lower compared to people who have highschool degree,
some college, college degree and post-undergraduate degree, respectively.
The average household income of the people who have highschool degree is $392743,
$1244306, $2096279 lower compared to people who went to some college, had college
degree and post-undergraduate degree, respectively.
The average household income of the people who went to some college is $851563,
$1703536 lower compared to people who had college degree and post-undergraduate
degree, respectively.
The average household income of the people who had college degree is $851973 lower
compared to people who had post-undergraduate degree.
The mean difference is significant at 0.001 level.
17. Using the Excel file Facebook Survey, determine if the mean number of hours
spent online per week is the same for males as it is for females.
Step 1:
H0: There is no difference of the average number of hours spent online per week between
males and females
H1: There is difference of the average number of hours spent online per week between
males and females
Step 2: Methodology: Independent – Sample T-Test
Step 3: Descriptive statistics
T-Test
[DataSet1]
Group Statistics
- There are 20 females joined in the test with the average online hours per week of
6.15 hours, Std is 3.167
- There are 13 males joined in the test with the average online hours per week of
6.38 hours, Std is 3.203
Step 4: Assumptions
Independent Samples Test
Levene's Test
for Equality
of Variances t-test for Equality of Means
95%
Confidence
Interval of
the
Sig. Difference
(2- Mean Std. Error
F Sig. t df tailed) Difference Difference LowerUpper
Hours Equal .240 .628 -.20 31 .837 -.235 1.133 -2.546 2.077
online/week variances 7
assumed
Group Statistics
FLevene’s = 0.240, pLevene’s test = 0.628 > 0.005 Equal variance assumed
Step 5: Result
t=-0.207, p = 0.837 > 0.05
There is no difference of the average number of hours spent online per week
between males and females (H1 not supported). In particular, the average hours of
online per week of females is 0.235 hour higher than males.
20. In the Excel file Cell Phone Survey, test the hypothesis that the mean responses
for Value for the Dollar and Customer Service do not differ by gender.
Step 1:
H0: There is no difference of average responses for Value for the Dollar and Customer
Service between males and females
H1: There is difference of average responses for Value for the Dollar and Customer
Service between males and females
Step 2: Methodology: Independent – Sample T-Test
Step 3: Descriptive statistics
T-Test
[DataSet1]
Group Statistics
- For the Value for the Dollar, there are 18 females joined the test with the mean value of
3.39, Std is 0.979; there are 34 males joined the test with the mean value of 3.44, Std is
0.960.
- For the Customer Service, there are 18 females joined the test with the mean value of
2.94, Std is 0.873; there are 34 males joined the test with the mean value of 3.38, Std is
0.985.
Step 4: Assumptions
Independent Samples Test
Levene's Test
for Equality
of Variances t-test for Equality of Means
95%
Confidence
Interval of
the
Sig. Difference
(2- Mean Std. Error
F Sig. t df tailed) Difference Difference Lower Upper
Value for Equal .020 .889 -.186 50 .853 -.052 .282 -.618 .513
the variances
Dollar assumed
- Value for the Dollar: FLevene’s = 0.020, pLevene’s test = 0.889 > 0.005 Equal variance
assumed
- Customer Service: FLevene’s = 2.688, pLevene’s test = 0.107 > 0.005 Equal variance
assumed
Step 5: Result
- Value for the Dollar: t=-0.186, p = 0.853 > 0.05
- Customer Service: t=-1.584, p = 0.119 > 0.05
There is no difference of average responses for Value for the Dollar and Customer
Service between males and females (H1 not supported). In particular, the average
responses for Value for the Dollar of females is 0.052 higher than of males, while the
average responses for Customer Service of females is 0.438 higher than of males.
22. Determine if there is evidence to conclude that the mean GPA of males who plan
to attend graduate school is larger than that of females who plan to attend graduate
school using the data in the Excel file Graduate School Survey.
Step 1: Hypothesis
H0: The mean GPA of males who plan to attend graduate school is not larger than that of
females who plan to ateen graduate school.
H1: The mean GPA of males who plan to attend graduate school is larger than that of
females who plan to ateen graduate school.
Step 2: Methodology: Independent Sample T-test
Step 3: Descriptive Statistics
T-Test
Group Statistics
Description: There are 8 females and 11 males plan to attend graduate school. The mean
undergraduate GPA for females is 3.613, Std Deviation is 0.3980, while the mean
undergraduate GPA for males is 3.336, Std Deviation is 0.4545.
Step 4: Assumptions
Independent Samples Test
Levene's
Test for
Equality
of
Variances t-test for Equality of Means
95%
Confidence
Interval of
the
Sig. Difference
(2- Mean Std. Error
F Sig. t df tailed) Difference Difference LowerUpper
Undergraduate Equal .256 .619 1.37517 .187 .2761 .2008 -.1475 .6998
GPA variances
assumed
FLevene’s = 0.256, pLevene’s test = 0.619 > 0.005 Equal variance assumed
Step 5: Result
t = 1.375, p = 0.187 > 0.05
The mean GPA of males who plan to attend graduate school is not larger than that of
females who plan to ateen graduate school. (H1 not supported). It is significant at 0.001
level.
29. A college is trying to determine if there is a significant difference in the mean
GMAT score of students from different undergraduate backgrounds who apply to
the MBA program. The Excel file GMAT Scores contain data from a sample of
students. What conclusion can be reached using ANOVA?
Step 1: Hypothesis
H0: There is no difference in the mean GMAT score of students from different
undergraduate backgrounds.
H1: There is at least one difference in the mean GMAT score of students from different
undergraduate backgrounds.
Step 2: Methodology: ANOVA
Step 3: Descriptive statistics:
Descriptives
GMAT Scores
95% Confidence
Interval for Mean
Description: Overall, there are 37 students joined the test, with 13 students in Business,
7 students in Liberal Arts and 17 students in Sciences. The average GMAT score of 3
majors is 587.3, with the Std Deviation of 13.412. The average GMAT score of Business
major is 584.08 with the Std Deviation of 11.601. The average GMAT score of Liberal
Arts major is the lowest with 572, Std Deviation is 7.461. Sciences students have the
highest average GMAT score with 596.06, Std Deviation is 9.516.
Step 4: Assumptions of the homogeneity of variance
GMAT Scores
1.183 2 35 .318
FLevene’s =1.183; PLevene’s test= 0.318 > 0.05 equal variance asssumed
ANOVA
GMAT Scores
Total 6477.368 37
30. Using the data in the Excel file Cell Phone Survey, apply ANOVA to determine if
the mean response for Value for the Dollar is the same for different types of cell
phones.
Step 1: Hypothesis
H0: There is no difference between types of cell phones regarding the average response
for Value for the Dollar.
H1: There is at least 1 difference between types of cell phones regarding the average
response for Value for the Dollar.
Step 2: Methodology: ANOVA table
Step 3: Descriptive statistics
Descriptives
95% Confidence
Interval for Mean
Overall, there are 52 people joined the test, with 21 people using Smart cell phones, 19
people using Camera cell phones and 12 people using Basic cell phones. The average
response for Value for the Dollar of 3 types is 3.42, with the Std Deviation of 0.957. The
average response of Smart, Camera and Basic cell phone users are 3.81, 3.16, 3.17, the
Std Deviation is 1.030, 0.958, 0.577, respectively; in which Smart phone users have the
highest average response, while that of Camera cell phone users is the lowest.
Step 4: Assumptions of the homogeneity of variance
Test of Homogeneity of Variances
3.171 2 49 .051
FLevene’s = 3.171, pLevene’s test = 0.051 > 0.005 Equal variance assumed
ANOVA
Total 46.692 51
There is no difference between types of cell phones regarding the average response
for Value for the Dollar.
S2: ANOVA
ANOVAb
Total 4.566E9 41
S3: Assessment
Coefficientsa
Model Standardized
Unstandardized Coefficients Coefficients
Model Summary
S2: ANOVA
ANOVAb
S3: Assessment
C: t =?, p< 0.05 significant
LMS