INDIVIDUAL ASSIGNMENT

QUANTITATIVE DECISION MAKING

Submitted to: DR. RAFIKUL ISLAM

Date: 7.12.2012

Prepared by:
NAEEM NASSER (G1139591)

Problem # 45 (chapter- 10)

=(29+40+12+10+6+41+25+21+5+4+19+2+7+10+8+3+6+52+4+12+33+6+2+17+
21+8+38+2+13+8+14+11+2)
=
491
n = 35

= 14.028

Step 1

Identify the null and alternative hypothesis

H0: = 13
H1:
(2 tailed test)

Step 2

Rejection region
= 0.05
from z table, z = 0.05 = 1.96

Step 3

Test statistics

z=

Step 4

Make the decision

Accept the H0

0.523

13

1.96

Here the computed value is less than table value, so we do not reject null hypothesis
The mean travel time to work for all north Dakota residents did not change from the
1990 mean 13 minutes.

Problem # 46 (chapter 10)

=(15+16+15.3+14.6+17+18.1+12.6+9.4+11.9+6.3+14.4+16.6+19.5+12.5+16.8+
14.6+20.7+18.3+18.6+12.5+10.9+19.8+14.5+13.1+16.3+18.1+11.6+16.6+12.1+14.7
+18.2+12.8+11.5+10.7+12.7+18.3+15.6+16.4+17.3+16.3+15+11+12.5+12.4+11.5)
=
660.6
n = 45

= 14.68

Step 1

Identify the null and alternative hypothesis

H0: = 18
H1:
(1 tailed test)

Step 2

Rejection region
= 0.01
from z table, z = 0.01 = -2.33

Step 3

Test statistics

z=

Step 4

Make the decision

Reject the H0

-5.35

-2.33

18

Here the computed value is more than table value, there fore reject null hypothesis.
RDA of iron for adult female under the age 51 is not 18 mg.

Problem # 50 (chapter 11)

Step 1

Identify the null and alternative hypothesis

H0:
H1:

Step 2

Rejection region
= 0.001
from z table, z = 0.001
=87
=3343
=1226

Step 3

= 3.8

=76
=5568
=1716

Test statistics

z=

Step 4

= -9.40

Make the decision

Reject the H0

-9.40

-3.8

Here computed z value is more than the table value, so reject null hypothesis.
There fore women does not annually pay the same or more than men into private
pension funds.

Problem # 51 (chapter 11)

Step 1

Identify the null and alternative hypothesis

H0:
H1:

Step 2

Rejection region
= 0.01
from z table, z = 0.01 = 2.58
=50
=1.96
=1

Step 3

=50
=3.02
=0.917

Test statistics

z=

Step 4

= -5.54

Make the decision

Reject the H0

-2.58

-5.54
Step 6
At 1% significance level, there is no difference between people in these two
industries computer/ electronics and food/ beverage.

Problem # 65 (chapter 12)

Step 1

Identify the null and alternative hypothesis

H0:
=
H1:

BRAND A
42
30
39
28
29
=168

=5810
=41.3

BRAND B
28
36
31
32
27
=154

=4794
=12.7

BRAND C
24
36
28
28
33
=149

=4529
=22.2

BRAND D
20
32
38
28
25
=143

=4277
=46.8

Mean of = 30.7
Step 2

Rejection region
5% from f table =3.24

Step 3 Test statistics

SSTR=

= 5(33.6-30.7 +5(30.8-30.7 +5(29.8-30.7 +5(28.6-30.7

= 42.05+0.05+4.05+22.05 = 68.2
MSTR =

SSE = ( -1)

= 22.73

+(

-1)

+(

-1)

+(

-1)

=4(41.3)+4(12.7)+4(22.2)+4(46.8) = 492

MSE =

F=

30.75

= 0.739

F Table value,
Numerator = k-1 = 3
Denominator = n k = 16
There fore, table value = 3.24

Step 4

Make the decision

Here F table value is 3.24 and the computed value is 0.739. there fore we accept the
null hypothesis.
At 5% significance level, there appear to be a difference in mean lifetime among the
four brands of batteries.

Problem # 66 (chapter 12)

Step 1

Identify the null and alternative hypothesis

H0:
=
H1:

P1
22
20
26
21
24
22
=135

P2
21
25
25
20
22
26
=139

=3061
=4.7

P3
29
24
31
32
26
27
=169

=3235
=6.16

=4807
=9.36

Mean of = 24.56
Step 2

Rejection region
1% from f table = 6.36

Step 3 Test statistics

SSTR=

= 6(22.5-24.56 +6(23.1-24.56 +6(28.1-24.8

= 25.44+12.78+75.18 = 113.4
MSTR =

SSE = ( -1)

= 56.7

+(

-1)

+(

-1)

=5(47)+4(12.7)+5(6.16)+5(9.36) = 101.1

MSE =

F=

= 8.41

6.74

F Table value,
Numerator = k-1 = 2
Denominator = n k = 15
There fore, table value = 6.36

Step 4

Make the decision

Reject H0

At 1% significance level, the data does not provide evidence of a difference in mean
monthly sales among three policies.

Problem # 71 (chapter 13)

RAW STEEL PRODUCTION

x
99.9
97.9
98.9
87.9
92.9
97.9
100.6
104.9
105.3
108.6
=994.8

NEW OREDERS
y
2.74
2.87
2.93
2.87
2.98
3.09
3.36
3.61
3.75
3.95
=139

= a + bx
a= -b
b=r
= 6.029

r=
b=

= 0.4241
(

(
(

= (0.808)

= 0.808
0.0568

a = - b = 3.21- 5.650 = -2.440

= - 2.440 + 0.0568x

Model Summary

Model

R Square
.794

Adjusted R Square
.630

Std. Error of the Estimate

.584

.27350

a. Predictors: (Constant), x

ANOVA
Model
1

Sum of Squares
Regression
Residual
Total

df

Mean Square

1.021

1.021

.598

.075

1.619

Sig.

13.646

.006

a. Predictors: (Constant), x
b. Dependent Variable: y

Coefficients

Standardized
Unstandardized Coefficients
Model
1

B
(Constant)
x

a. Dependent Variable: y

Std. Error
-2.313

1.499

.056

.015

Coefficients
Beta

.794

Sig.

-1.543

.161

3.694

.006

4.5
4
3.5

itle

3
2.5
Y-Value 1

Linear (Y-Value 1)

1.5
1
0.5
0
0

20

40
60
80
100
RAW STEEL PRODUCTION

120

Problem # 72 (chapter 13)

X
26
27
33
29
29
34
30
40
22
=270

Y
259
274
294
296
325
380
457
523
215
=3023

= a + bx
a= -b
b=r

= 5.19

r=
b=

= 99.65
(

(
(

= 0.829

= (0.829)

a = - b = 335.88- 15.930 = -142.047

= - 142.047 + 15.930x

Model Summary

Model

R Square

.829

Adjusted R Square
.687

Std. Error of the Estimate

.642

59.62075

a. Predictors: (Constant), x

ANOVA
Model
1

Sum of Squares

df

Mean Square

Regression

54562.449

54562.449

Residual

24882.440

3554.634

Total

79444.889

Sig.

15.350

.006

a. Predictors: (Constant), x
b. Dependent Variable: y

Coefficients

Standardized
Unstandardized Coefficients
Model
1

B
(Constant)
x

a. Dependent Variable: y

Std. Error

-140.917

123.312

15.894

4.057

Coefficients
Beta

.829

Sig.

-1.143

.291

3.918

.006

PRICE (thousands of dollars)

600
500
400
300

Y-Value 1
Linear (Y-Value 1)

200
100
0
0

10

20
30
40
SQUARE FEET ( hundreds)

50

= a + bx
= -142.047 + 15.930x
= -142.047 + 15.930(2600)
= 272.13

Problem no 78 (chapter 14)

Model Summary

Model

R Square
.068

Adjusted R Square
.005

Std. Error of the Estimate

-.244

6.54405

a. Predictors: (Constant), dividend, debtratio

ANOVA
Model
1

Sum of Squares
Regression

df

Mean Square

1.580

.790

Residual

342.596

42.825

Total

344.176

10

Sig.
.018

.982

a. Predictors: (Constant), dividend, debtratio

b. Dependent Variable: Insider

Coefficients

Standardized
Unstandardized Coefficients
Model
1

B
(Constant)

a.

Std. Error
17.677

17.560

debtratio

-.059

.315

dividend

-.118

1.050

Dependent Variable: Insider

Coefficients
Beta

Sig.

1.007

.344

-.097

-.189

.855

-.058

-.113

.913

Problem no 79 (chapter 14)

Model Summary

Model

.982

Adjusted R

Std. Error of the

Square

Estimate

R Square
a

.965

.955

.23310

a. Predictors: (Constant), x3, x1, x2

ANOVA
Model
1

Sum of Squares
Regression

Mean Square

16.378

5.459

.598

11

.054

16.976

14

Residual
Total

df

Sig.

100.472

.000

a. Predictors: (Constant), x3, x1, x2

b. Dependent Variable: y

Coefficients

Standardized
Unstandardized Coefficients
Model
1

B
(Constant)

Std. Error
3.981

1.573

x1

.073

.021

x2

-.032

x3

-.004

a. Dependent Variable: y

Coefficients
Beta

Sig.

2.531

.028

.876

3.505

.005

.021

-.424

-1.547

.150

.004

-.315

-1.014

.332