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Statistics for marketing and management
Draft
Questions used in a university course titled "Statistics for marketing and management"
Metadata
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England schools
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England university
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Scotland schools
Taxonomy: mathcentre
Taxonomy: Kind of activity
Taxonomy: Context
Contributors
History
Newcastle University Mathematics and Statistics 9 years, 1 month ago
Created this.Name | Status | Author | Last Modified | |
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Statistics for marketing and management | draft | Newcastle University Mathematics and Statistics | 20/11/2019 14:51 | |
Jinhua's copy of Statistics for marketing and management | draft | Jinhua Mathias | 28/08/2024 12:15 | |
Jinhua's copy of Statistics for marketing and management | draft | Jinhua Mathias | 28/08/2024 12:15 |
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1.Ready to useChoosing whether given random variables are qualitative or quantitative.
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2.Ready to useDeciding whether or not three sampling methods are simple random sampling, stratified sampling, systematic or judgemental sampling.
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3.draftGiven sample data find mean, standard deviation, median, interquartile range,
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4.Ready to useFinding probabilities from a survey giving a table of data on the alcohol consumption of males. This can be easily adapted to data from other types of surveys.
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5.Ready to useGiven mean and sd of 1000 sample returns on a scale of 1 to 7 together with a given score, find the z-score. Also find the 95% confidence interval for the population mean.
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6.Doesn't workGiven data on population mean and population standard deviation and three sampling sizes, calculate the probabilities that the sample means are within a specified distance from the population mean.
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7.draftFinding the confidence interval at either 90%, 95% or 99% for the mean given the mean and standard deviation of a sample. The population variance is not given and so the t test has to be used. Various scenarios are included.
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8.Ready to useFinding the confidence interval at either 90%, 95% or 99% for the mean given the mean of a sample. The population variance is given and so the z values are used. Various scenarios are included.
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9.draftOne-way ANOVA example
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10.draftPaired t-test to see if there is a difference between times take in a task.
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11.draftGiven two sets of data, sample mean and sample standard deviation, on performance on the same task, make a decision as to whether or not the mean times differ. Population variance not given, so the t test has to be used in conjunction with the pooled sample standard deviation. Link to use of t tables and p-values in Show steps.
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12.draftProvided with information on a sample with sample mean and standard deviation, but no information on the population variance, use the t test to either accept or reject a given null hypothesis.
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13.draftFind a regression equation given 12 months data on temperature and sales of a drink.
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14.draftInterpreting the minitab output from a logistic regression model of salary against obesity as measured by BMI.
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15.draftAsking users to interpret a minitab output to give the coefficients of a multiple regression together with a prediction based on the subsequent equation.
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16.Ready to useFind a regression equation.
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17.draftA multiple linear regression model of the form: Y=β0+β1X1+β2X2+β3X3+β4X4+ϵis fitted to some data in Minitab which generates a table showing estimates of the parameters with associated p-values. Determine which variable to exclude first.
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18.Ready to useCentred moving averages.
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19.Ready to useMoving averages, regression and seasonal adjustments.
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20.draftMinitab was used to fit both an AR(1) model and an AR(2) to a stationary series. A table is given summarising the results obtained from Minitab. Choose the most appropriate model and make a forecast based on that model.
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21.draftMinitab was used to fit an AR(1) model to a stationary time series. Given the output answer the following questions about the model and use the model to make forecasts.
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