Project 1: Statistical

Analysis
Quantitative Methods
Answer 1a
Enter your response.
MEASUREMENT OF GLUCOSE LEVEL IN
DIABETIC PATIENTS
Series1 Series2 Series3 Series4 Series5

143
135
131
129
127

124
123
121
117
115

114
113

113
112
111

107

107
104

104
103

102

102
101

101
GLUCOSE(MG/DL)

99

99
98
96

96
95
1 2 3 4 5 6
Series1 95 127 117 113 107 102
Series2 99 96 129 121 113 107
Series3 103 101 96 131 123 114
Series4 111 104 101 98 135 124
Series5 115 112 104 102 99 143

Time PERIOD(30 DAYS)

ANSWER 1b

Mean, Median, Mode are the measures of central tendency in statistics .

Mean is the most commonly used measure of central tendency. It represents the average of the given collection
of data.
=(sum of all data)/no. of values =
95,96,96,98,99,99,101,101,102,102,103,104,104,107,107,111,112,113,113,114,115,117,121,123,124,127,129,131
,135,143 = 3342/30 = 111.4

Median represent the mid-value of the given set of data when arranged in ascending order. If no. of values in the
given data is odd, then median is
M =( n + ½)th
If no. of values in the given data is even, then median is
M = ( n/2)th + (n/2 + 1)th/2 = 107 + 111/2 = 109
MEDIAN = 109

Mode is the value or number in a data set, which has a high frequency or appears more frequently, is called
mode.
MODE = 99, 96, 101, 104, 113, 102, 107
there are more than 4 modals so, it is multimodal.
Answer 1c

MEASURES OF DISPERSION: In statistics, the measures of dispersion help tp interpret the variability of data i.e.
it shows how squeezed or scattered the variables.
Types of dispersion : Range, standard deviation, variance, quartile deviation – these are absolute measuires of
dispersion.
RANGE: It is simply the difference between the maximum values and the minimum values given in data set.
= 143 – 95 = 48
VARIANCE: is thre spread between no. in a data set. It is a statistical measurement used to determine how far
each no. is from mean and from every other no. in the set.
u – mean value of all observation,
x – the value of one observation,
n – total no. of observation.
= )2/n - 1
=168.98 = apprx. 169
STANDARD DEVIATION: it is most commonly used in measure of dispersion and is the measure of the amaount
of variation of a random variable expected about its mean. It measures the dispersion of a dataset relative to
its mean and is calculated as the square root of the variance.
SD = = = 12.619
 Answer 1d
This image shows trimodal histogram
Of range, variance and standard
Deviation for a set of glucose levels.
These statistics helps to understand
Data’s dispersion.
Answer 2a

Enter your response.

MEAN = SUM OF ALL DATA SETS/NO. OF VALUES = 5756424/20 = 287821.2
MEDIAN = 293400
MODE = 312000
VARIANCE = = )2/n - 1
= 44458709000
STANDARD DEVIATION = = = 21052.34
Answer 2b
● Statistical significance is a determination made by an analyst that the results in the data are
explained by chance alone or relationship between two or more variables is caused by
something other than chance.
● Statistical hypothesis testing is a method by which analyst makes this determination or used to
determine whether the result is statistically significant. There are two types of hypothesis:
Null hypothesis (Ho): The status quo.
Alternate hypothesis (HA): The challenge to the status quo.
● This test provide a p-value that is a measure of the probability that an observed difference
could have occurred just by random chance. A p-value of 5% or lower is often considered to be
statistically significant.
● STEPS : 1. In this the average fee of an undergraduate in management is greater than or equal
to 410000. One- Tailed test (left tail)
FOR ONE SAMPLE WE HAVE TO FIND , DEGREE OF FREEDOM ( df )= N – 1= 20 – 1 = 19
Ho: 41000, Ha: 410000 , n = 20, α = 0.05, SD = 21052.34, df = 19
2. calculate t-value and p-value: As we find that test statistics, t, has 19 degree of freedom: one
sample t test formula, t = = -25.95
3. Interpretation:

p-value = cdf(ts) for lower tailed.

= 1 - cdf(ts) for upper tailed.
= 0 > t –value, A negative or small t, with a greater p value means they
are not significantly different in the way specified by the null hypothesis.
P-value is less than 0.05 is typically considered to be statistically significant, in
which case the null hypothesis should be rejected.
This decision is made at significance level = 0.05.