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These samples are examples of the solutions that you can will receive from Netskool. For the purpose of demonstration, these are some easy questions. Our experts are quite capable of doing extremely difficult problems as well as elementary ones. Netskool has tutors in over 40 subjects and this is only a sample of our abilities.

Statistics

Question 1

The personnel manager of a large insurance company would like to evaluate the effectiveness of four different sales training programs.  Eight new recruits are assigned to each of the four training programs A to D.  The scores of the members in each group on an exam are recorded below. In answering the questions below you must support your answers with specific numerical output from the Excel analysis.

A

B

C

D

66

72

61

63

74

51

60

61

82

59

57

76

75

62

60

84

73

74

81

58

97

64

55

65

87

78

70

69

78

63

71

80

a)      Is there a significant difference between the four groups?

First we get the mean and standard variance of each group as follows.

 

mean

std

std2

Std2(a/b)

Std2(a/c)

Std2(a/d)

Std2(b/c)

Std2(b/d)

Std2(c/d)

A

79.000

9.592

92.000

1.184

1.184

1.022

1.000

0.863

0.863

B

65.375

8.815

77.696

           

C

64.375

8.815

77.696

           

D

69.500

9.487

90.000

           
                   

And we find all the ratios of  sample variance from different two groups are in the interval (F(0.025,8,8)=0.22557,F(0.975,8,8)=4.43326). So we can prove that the variance of each group is equal.

The groups variance:

=9.211; = 9.211; =9.539; =8.815; =9.157; =9.157;

-t(0.025,14)=t(0.975,14)=2.145;

= =2.958> t(0.975,14)=2.145;

= =3.176> t(0.975,14)=2.145;

= =1.992

= =0.227

= =-0.902

= =-1.119

So we can easily find that the mean of A and B and the mean of A and C are significant different.

b)      Which individual groups differ from each other?

Please refer to part a)

c)      What is the within groups variance and why is it part of the calculations?

The within groups variance is .
When sample size is equal.


Question 2

      An industrial psychologist wishes to study the effects of motivation on sales in a particular firm.  Of 24 new salespersons, 12 are paid an hourly rate and 12 are paid a commission.  The 24 individuals are randomly assigned to two groups.  The following data represent the sales volume (in thousands of dollars) achieved during the first month on the job. Hair removal

a)      Using a 0.05 level of significance is there evidence of a significant difference in the two groups.

First calculate the Mean and the standard variance for each group as follows:

 

Mean

STD

STD2

STD2(hourly/commission)

Hourly

227.58

13.84

191.546

0.411

Commission

247.92

21.59

466.128

 

Then test for the equal variance. We find that STD2(hourly/commission)=0.411 is in the interval (http://www.chinafashuo.com/spacer.gif)=0.30513,F(http://www.chinafashuo.com/spacer.gif)=3.27728).So the variance of the two groups are equal.

So =328.837;

and =-2.7475<t(0.025,22)=-2.074

so there is evidence of a significant difference in the two groups.

b)      Explain what would happen to the findings if the variance of both groups were much larger.  Hint: Consult the formula for computing the t or z value in a difference of means test. You could rerun the analysis and compare outputs to answer this question.

If the sample size is very large the  would be very small, but the t(0.025,n-2) would be larger when n is larger. So we will not change our conclusion in part b) when n is very large.

Hourly

Commission

256

224

212

261

239

254

216

228

222

273

236

234

207

285

219

225

228

237

225

232

241

277

230

245


Question 3

      As you know from your marketing studies brand awareness is a key consideration in promotion. An advertising manager wants to know whether the campaign the company is currently running is achieving an average awareness score of 80 or above. He distributes 50 questionnaires to potential buyers. The questionnaire measures brand awareness on a 0-100 scale. The mean score is 82.3 with a standard deviation of 14.1.

a)      Set up the null and alternative hypotheses.

H0: ;H1:

b)      Determine at the 0.05 level of significance whether the advertising manager has achieved his brand awareness objective.

As we know .Under H0, = =1.1534<t(0.95,49)=2.010.

So we should not reject H0.

c)      Rerun the analysis in part b but with a sample size of 150.  If the conclusion drawn from the analysis is different you must explain why. Hint look at the formula for z or t in a test of a single mean and/or compare your two outputs very carefully.

If n=150, = =2.00>t(0.95,149)=1.65514.

So we should reject H0.


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