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Statistics

The document presents statistical analyses across five tasks, detailing measures such as mean, median, mode, and standard deviation for passenger numbers and customer expenditures. It also includes correlation coefficients and regression functions relating product quality to market share, revenue to profit, and the growth of readers over time. Key findings include strong correlations and predictions for future reader numbers based on historical data.

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chumakyeva
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13 views2 pages

Statistics

The document presents statistical analyses across five tasks, detailing measures such as mean, median, mode, and standard deviation for passenger numbers and customer expenditures. It also includes correlation coefficients and regression functions relating product quality to market share, revenue to profit, and the growth of readers over time. Key findings include strong correlations and predictions for future reader numbers based on historical data.

Uploaded by

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

Statistics

Task 1

1. Mean= 123,6667
The average number of passengers on flight is 123,6667
2. Median= 127,5
During half flights the number of passangers was equal or not bigger than 127,5
3. Lower quartile= 120,25
During 25% of flights the number of passengers was not bigger than 120,25
4. Upper quartile= 132,75
During the 75% of flights the number of pasengers was not bigger than 132,75
5. Mode= 128
The most common number of passengers during all flights is 128
6. Standard deviation= 23,62689
The number of passengers differ from the mean on average by 23, 62

Task 2

1. Mean = 529,3478
The average expenditures at the store by the customers is 529,34 dollars
2. Median= 496
Half of the costumers spent at least 496 dollars
3. Mode = 418,18
Most of customers spent 418,18 dollars
4. Standard deviation= 280,9294 Expenditures of customers at the store differ from the
mean on average by 28,9294

Task 3

1. Correlation coefficient ( r) = 0,961788


The correlation between product quality and market share is positive and very strong
2. b0 = -1,91797
When the value of product quality rating equals 0, theoretical market share equals -
1,91 percentage
3. b1= 0,17079
When the value of product quality rating increase by 1 unit, the market share
increase on average by 0,17 percentage points
4. R^2= 0,925
92,50% variability of market share is described by variability of product quality rating
5. Regression function
y^= -1,91+0,17*x

Task 4 ( числа неточные)

1. b1 = When revenue increases by 1 billion $, the profit increases on average by 0,26


billion $ (assuming that employees remain unchanged)
2. b2= When employees increases by 1 thousand, the profit decreases on average by
0,07 billion $ (assuming that revenue remains unchanged)
3. R^2 = 32% of variability of profit is described by the model
4. b0 = Theoretical value of profit for revenues and number of employees equal $ 0 is $
0,67 billion dollars

5. y^= 0,67+0,26*x1-0,07*x2

6. r= -0,48 The correlation between revenue and profit is moderate and negative

7. r= -0,53 The correlation between profit and nb of employees is moderate and


negative

8. r= 0,98 The correlation between revenue and nb of emplyees is very strong and
positive

Task 5

1. b0 = in 2010 the theoretical number of readers equals 38,015 thousand


2. b1 = From year to year the number of readers increases on average by 12,2
thousand
3. R^2= 97,86% of variability of number of readers is described by the model.
4. Forecast= theoretical value of number of readers in 2023 equals 196,65
5. Forecast= theoretical value of number of readers in 2024 equals 208,85

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