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Basic Statistics (Module - 3)

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0% found this document useful (0 votes)
338 views

Basic Statistics (Module - 3)

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© © All Rights Reserved
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Basic Statistics (Module -3)

Q1) Calculate Skewness, Kurtosis & draw inferences on the following data
a. Cars speed and distance

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b. Top Speed (SP) and Weight (WT)

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Q2) Draw inferences about the following boxplot & histogram

Q3) Suppose we want to estimate the average weight of an adult male in Mexico. We
draw a random sample of 2,000 men from a population of 3,000,000 men and weigh
them. We find that the average person in our sample weighs 200 pounds, and the

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standard deviation of the sample is 30 pounds. Calculate 94%,98%,96% confidence
interval?

Q4) Below are the scores obtained by a student in tests


34,36,36,38,38,39,39,40,40,41,41,41,41,42,42,45,49,56
1) Find mean, median, variance, standard deviation.
2) What can we say about the student marks?

Q5) What is the nature of skewness when mean, median of data are equal?

Q6) What is the nature of skewness when mean > median?

Q7) What is the nature of skewness when median > mean?

Q8) What does positive kurtosis value indicates for a data?

Q9) What does negative kurtosis value indicates for a data?

Q10) Answer the below questions using the below boxplot visualization.

What can we say about the distribution of the data?


What is nature of skewness of the data?
What will be the IQR of the data (approximately)?

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Q11) Comment on the below Boxplot visualizations?

Draw an Inference from the distribution of data for Boxplot 1 with respect Boxplot 2.

Q12)

Answer the following three questions based on the boxplot above.


(i) What is inter-quartile range of this dataset? (please approximate the numbers)
In one line, explain what this value implies.
(ii) What can we say about the skewness of this dataset?
(iii) If it was found that the data point with the value 25 is actually 2.5, how would
the new boxplot be affected?

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Q13)

Answer the following three questions based on the histogram above.


(i) Where would the mode of this dataset lie?
(ii) Comment on the skewness of the dataset.
(iii) Suppose that the above histogram and the boxplot in question 2 are plotted for
the same dataset. Explain how these graphs complement each other in providing
information about any dataset.

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Hints:
1. Business Problem
1.1. Objective
1.2. Constraints (if any)
2. For each assignment the solution should be submitted in the below format
3. Research and Perform all possible steps for obtaining solution
4. For Basic Statistics explanation of the solutions should be documented in black and white
along with the codes.
One must follow these guidelines as well:
4.1. Be thorough with the concepts of Probability, Central Limit Theorem and Perform the
calculation stepwise
4.2. For True/False Questions, explanation is must.
4.3. R & Python code for Univariate Analysis (histogram, box plot, bar plots etc.) for data
distribution to be attached
5. All the codes (executable programs) should execute without errors

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