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BU - Assignment 2 PDF

This document provides instructions for an assignment in Business Statistics at BRAC University. It includes 8 questions covering topics like probability, distributions, hypothesis testing, and ANOVA. Students are asked to show work, use their student ID, submit in PDF format within 45 minutes, and avoid significant plagiarism.

Uploaded by

Maliha Farzana
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© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
107 views

BU - Assignment 2 PDF

This document provides instructions for an assignment in Business Statistics at BRAC University. It includes 8 questions covering topics like probability, distributions, hypothesis testing, and ANOVA. Students are asked to show work, use their student ID, submit in PDF format within 45 minutes, and avoid significant plagiarism.

Uploaded by

Maliha Farzana
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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BRAC Business School

BRAC UNIVERSITY
Semester: Summer 2020 Assignment-2
Course Code: STA501(1) Course Title: Business Statistics
Full Marks:20 Submission: October 2 (10.00am-10.45am) 20

Important notes:
▪ answer all questions.
▪ prepare it by hand writing and write your answers neatly in clear white paper and scan it using your phone
or scanner or other device, for submission please use pdf only.
▪ write page number and ID, date, time at the top of each page of your assignment.
▪ submit within 45 minutes when Google drive (assignment-2) is open for submission.
▪ it may go through 'plagiarism test' on your assignment, significant similarity (copying from others) would
severely reduce marks from both.

1. A machine fills plastic bags with a mixture of beans, broccoli and other vegetables. Most
of the bags contain the correct weight, but because of the slight variation in the size of the
beans and other vegetables, a package might be slightly underweight or overweight.
Checked a lot and revealed: Please use your BU student ID (for example, 16164027) and
replace the colored digits mentioned in table by your ID.
Weight Event Number of packages
Underweight U 90
Satisfactory S 3000
Overweight O 200
What is the probability that a particular package will be either underweight or overweight?

2. Two thousand randomly selected adults were asked whether or not they have ever
shopped on the Internet. The following table gives a two-way classification of the
responses.
Have Shopped Have Never Shopped
Male 500 700
Female 300 500
If one adult is selected at random from these 2000 adults, find the probability that this adult:
(i) has never shopped on the Internet
(ii) is a male
(iii) has shopped on the Internet given that this adult is a female
(iv) is a male given that this adult has never shopped on the Internet.

3. Suppose in a bundle of 25 T-shirts, there are 10 large sizes, 10 medium sizes, and 5 small
sizes T-shirts. Three shirts are drawn at random with replacement from the bundle for
inspection. Find the probability that there will be
(i) no small T-shirts, (ii) 2 medium sizes T-shirts, and (iii) at least 2 large sizes T-shirts.

4. A rent-a-car-shop has 5 cars which it hires day by day. The number of demands of a car
on each day is distributed as a Poisson distribution with mean 3. Find the probability that
there is no demand of a car in a day. Find the probability that the demand of a car in a day
is 4. Find the proportion/probability of days on which some demand is refused in a day.

5. A recent study of the hourly wages of maintenance crews for major airlines showed that
the mean hourly wages are $20 with standard deviation is $2. Let hourly wages of crews
is normally distributed. What is the probability that a crew earns: (i) more than or equal to
$ 25 per hour, (ii) between $25 and $30 per hour, (iii) less than or equal to $30?

6. In a 2011 Time/Money Magazine survey, Americans age 18 years and older were asked if
"we are less sure that our children will achieve the American Dream." Of the respondents,
65% said yes, 29% said no, and 6% said that they did not know (Time, October 10, 2011).
Assume that these percentages hold true for the 2011 population of Americans age 18
years and older. Recently 1000 randomly selected Americans age 18 years and older were
asked the same question. The following table lists the number of Americans in this
sample who made the respective response.
Response Yes No Do not know
Frequency 624 306 70
Test at a 2.5% level of significance whether the current distribution of opinions is different
from that for 2011.

7. Fifteen fourth-grade students were randomly assigned to three groups to experiment with
three different methods of teaching arithmetic. At the end of the semester, the same test
was given to all students. The following table gives the scores of students in the three
groups. Please use your ID (for example, 16164027) and replace the colored digits
mentioned in table by your ID.
Method I Method II Method III
48 55 84
73 85 68
51 70 95
65 69 74
87 90 67
Calculate the value of the test statistic F and prepare the ANOVA table.

8. Compute the average seasonal movement for the following series. Please use your CGPA
of SSC and HSC and replace it by colored area
Year Quarterly Production
I II III IV
1984 3.5 3.9 3.4 3.4
1985 3.5 4.1 3.7 4.0
1986 3.5 3.9 3.7 4.2
1987 4.0 4.6 3.8 4.5
1988 4.1 4.4 4.2 4.5

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