Assignment 1 BUS 250

docx

School

University of Texas, Rio Grande Valley *

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Course

AUDITING

Subject

Statistics

Date

Nov 24, 2024

Type

docx

Pages

1

Uploaded by LieutenantResolve12096

Report
ASSIGNMENT ANSWER ALL THE QUESTIONS WITH THE WORKINGS CLEARLY SHOWN. 1. Select an economic or social topic for your individual project. Introduce the topic, explain the importance, significance of the topic. Identify one variable as dependent and two as independent, establish the relationship among them with the help of the literature, and review the existing literature using www.masader.om. (Marks 2) 2. Make 3 columns with 3 variables: Y, X1, X2 and 25 numbers (3 digit numbers) generated randomly for each variable. Choose and mention one variable as the dependent variable and the other variables as independent. (1 mark) 3. Construct a histogram and interpret the results. (2 marks) 4. For the data generated in Q2 for X1, assume the population mean is 320, and the population standard deviation is assumed to be 85. Test if the data has an average greater than 320 at α=0.03. ( 1 mark) 5. Compute correlation coefficients for independent and dependent variables. Test the significance of correlation coefficient between Y and X2. (2 mark) 6. Apply regression equation and interpret the results. Check for the significance of regression coefficients at α= 0.06? (1 mark) 7. Report coefficient of determination and explain it.( 1 Mark) Please follow all the basic guidelines like formatting, indenting, fonts etc. Check Assessment Booklet for rubrics. Excel sheet to be attached the Word document as discussed in Class. For Q4 and 5, solve the questions on paper, take a pic and paste it on your Word Document.
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