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Statistics I Fall 2024 Homework Assignment 1_20240909

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Statistics I Fall 2024 Homework Assignment 1_20240909

Statistics

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s112701018.mg12
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© © All Rights Reserved
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MGCM10011 Fall 2024 (517011) Statistics (I)

Homework Assignment #1: Data and Descriptive Statistics


Date Assigned: 2024-09-09; Due at 11:59pm on 2024-09-16 (Taiwan Time)
Total Score: 100
Note: Please make sure you show your calculation process while answering all your
questions (if handwritten). If you are using MS Excel, attached the Excel file that has all
the formulas used for calculations along with the PDF of your answers. If you are using
statistical software, show your raw code and the screenshot(s) of the results after
running your code along with the PDF of your answers.
Answers without calculation process will not be credited.

1) In the bivariate, ô-á-mī-suànn （蚵仔麵線）data shown in the class (Section 03),


let’s say we decided to select a new set of ô-á-mī-suànn vendors as our sample.
The new sample data look like this:

Price (NTD) Number of ô-á


90 11
75 9
70 7
60 6
65 6
50 5
65 5
45 4
50 4
55 4
60 4
40 3
45 3
50 3

a) What are the mean and mode for the two variables price and number of ô -á,
respectively? (8 points)
b) Draw box plots for the two variables price and number of ô -á, respectively.
Calculate all necessary statistics for the box plots (note: if a statistic does not
exist, then you don’t need to show it on the box plot). (20 points).
c) Calculate the standard deviation and CV of the two variables price and
number of ô -á, respectively. (8 points)
d) Draw a scatter plot of all the sample data that shows the relationship between
the two variables of the sample data. Let number of ô -á be on the x-axis and
price be on the y-axis. (10 points)
e) Calculate the correlation coefficient of the bivariate sample data. (10 points)
f) Derive a simple linear regression formula for the bivariate data. (10 points)
g) Based on the formula calculated in (f), what is your predicted price of a serve
of ô-á-mī-suànn if you expect to see 8 ô-á? (4 points)

2) Develop a stem and leaf plot for the following data: (10 points)
13, 80, 65, 72, 63, 51, 44, 69, 23, 89, 43, 11, 31, 65, 30, 26, 53, 65, 34, 48, 66,
79, 21, 23, 43

3) Recall the example shown in Section 01 about the ages of tenured faculty
members at a university, consider another group of faculty members being
sampled and below are their age data:

44 48 30 68 52 52 35 50 37 33 53 43 51 44
42 31 36 48 48 42 58 62 59 34 48 53 39 45
37 59 34 66 50 59 36 41 35 36 61 34 39 28
43 50 30 43 32 44 58 33

a) Develop a relative frequency histogram for the sample data using 7 intervals.
Use your best judgement on the most appropriate class width for the interval
(note: the class width should all be the same in each interval). (10 points)
b) Calculate the mean of the grouped sample data (5 points)
c) Calculate the median of the grouped sample data (5 points)

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