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Statistical Inference - Assignment 1

This document outlines an assignment for a course on Statistical Inference for Managers, detailing various statistical concepts and calculations. It includes questions on defining key terms, identifying scales, calculating statistical measures, and understanding probability. Additionally, it covers topics such as random variables, data visualization, and the impact of outliers on statistical measures.

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khanjee000000000
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5 views1 page

Statistical Inference - Assignment 1

This document outlines an assignment for a course on Statistical Inference for Managers, detailing various statistical concepts and calculations. It includes questions on defining key terms, identifying scales, calculating statistical measures, and understanding probability. Additionally, it covers topics such as random variables, data visualization, and the impact of outliers on statistical measures.

Uploaded by

khanjee000000000
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Assignment # 01

Student’s Name: ________________________ Registration No: __________


Course: Statistical Inference for Managers Slot: 6:30 - 9:30 (Wednesday)
Semester: Spring 2026 Instructor: Abdul Saboor
Khan Program: MBA

Question 1
a. Define the following terms with examples: Population, Sample, Parameter, Statistic.
b. Identify the type of scale (Nominal, Ordinal, Interval, Ratio):
Gender, Temperature in Celsius, Ranking of students, Weight of a person.
c. Given data: 5, 7, 8, 10, 10, 12, 15. Find Mean, Median, Mode.
d. For the same data in part c , find Range, Variance, Standard Deviation.
e. Explain Skewness and Kurtosis with examples.

Question 2
a. A die is rolled once.
Find probability of getting an even number and a number greater than 4.
b. A card is drawn from a deck. Find probability of getting a King and a red card.

Question 3
a. Given marks: 40, 50, 60, 70, 80, 90.
Draw a bar chart and histogram and comment on distribution.
b. What is SPSS? How is mean calculated in SPSS? What is the use of frequency table?

Question 4
a. Define discrete and continuous random variables with examples.
b. Given distribution X: 0,1,2,3 and P(X): 0.2,0.3,0.3,0.2. Find Mean and Variance.
c. Let X = 1,2,3 with probabilities 0.2,0.5,0.3. If Y = 2X + 1, find values of Y and Mean of
Y.

Question 5
a. If Y = 3X + 2 and E(X)=4, Var(X)=5. Find E(Y) and Var(Y).
b. Explain why mean is affected by outliers and median is more robust.

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