finalexam statistics mba

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  • 8/3/2019 FinalExam Statistics MBA

    1/16

    Answer 1

    Using the probability theory and statistics, the number of cases in each country on the world, thedeath rates per country, and the frequency per case based on the country can be calculated for the

    pandemic A (H1N1) influenza. The analysis can further be extended to include the demographicaldata (age, gender etc)

    Additionally in statistics from the historical data, one can predict the future trends and seasonality

    of the pandemic A (H1N1) influenza with time series.

    Answer 2

    Our term project topic was Application of Statistics in Total Quality Management. We were 6people in the project team. We have agreed to divide the project into 3 parts and accordingly 3

    groups. Below are the groups and the people in each group.

    Answer 3

    ME=3

    =0.5

    No previous estimate of is available, but we are given that the range of the observations is R =

    84 - 48 = 36. A conservative estimate (based on Chebychevs Rule) is = R/4 = 9

    ( ) ( )

    ( )

    35.243

    9645.1

    2

    22

    2

    22

    2/===

    ME

    zn

    So the number of height that is needed is 25.

    1

  • 8/3/2019 FinalExam Statistics MBA

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    Answer 4

    The is unknown, so the decision rule is based on t-statistics

    Reject H0 if

    ,1

    0

    >

    =

    nt

    n

    s

    Xt

    Applying the lower-tail test

    6.6:

    6.6:

    1

    0