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Overview HW11 Chi Square ANOVA Regression Cleaning Data with Outlier Sheet 1: HW11 Sheet 2: Chi Square An analyst at a local bank wonders if

Overview

HW11 Chi Square ANOVA Regression Cleaning Data with Outlier

Sheet 1: HW11

Sheet 2: Chi Square

An analyst at a local bank wonders if the age distribution of customers coming for service at his branch in town is the same as at a branch located near the mall. He selects 100 transactions at random from each branch and researches the age information for the associated customer. These are the data :
Age
less than 30 30-55 56 or older Total
In town 25 37 38 100
mall 30 48 22 100
Total 55 85 60 200
1 What is the null hypothesis if you want to check if the age patterns of customers are independent of bank location?
2 What are the expected numbers for each cell in a 3 by 3 table if the null hypothesis is true?
Age
less than 30 30-55 56 or older Total
In town 0
mall 0
Total 0 0 0 0
3 Use the chi square test to accept or reject the null hypothesis. What is the chi square test statistic?
4 What is the chi square critical value and how many degrees of freedom does it have? Assume alpha is .05.
5 What do you conclude?

Sheet 3: ANOVA

Saeko owns a yarn shop and want to expands her color selection.
Before she expands her colors, she wants to find out if her customers prefer one brand
over another brand. Specifically, she is interested in three different types of bison yarn.
As an experiment, she randomly selected 21 different days and recorded the sales of each brand.
At the .10 significance level, can she conclude that there is a difference in preference between the brands?
Misa's Bison Yak-et-ty-Yaks Buffalo Yarns
799 776 799
784 640 931
873 822 794
702 812 920
795 673 731
875 893 837
Total 4,828.00 4,616.00 5,012.00
6) What is the null hypothesis?
What is the alternative hypothesis?
What is the level of significance?
7) Use Tools - Data Analysis - ANOVA:Single Factor
to find the F statistic:
8) From the ANOVA output: What is the F value?
What is the F critical value?
9) What is your decision?
Explain in statistical terms

Sheet 4: Regression

Studies have shown that the frequency with which shoppers browse Internet retailers is related to the frequency with which they actually purchase products and/or services online. The following data show respondents age and answer to the question "How many minutes do you browse online retailers per year?"
Note that this sheet includes questions 10-16
Age (X) Time (Y)
16 420
17 269
19 315
22 337
22 243
22 459
22 414
28 224
28 381
28 412
28 576
30 333
33 551
34 548
35 626
35 521
35 562
36 699
39 643
39 455
40 666
42 553
43 459
44 525
48 559
50 507
50 612
51 710
52 378
54 566
58 652
59 725
60 695
10) Use Data > Data Analysis > Correlation to compute the correlation checking the Labels checkbox.
11) Use the Excel function =CORREL to compute the correlation. If answers for #1 and 2 do not agree, there is an error.
The strength of the correlation motivates further examination.
12) a) Insert Scatter (X, Y) plot linked to the data on this sheet with Age on the horizontal (X) axis.
b) Add to your chart: the chart name, vertical axis label, and horizontal axis label.
c) Complete the chart by adding Trendline and checking boxes
Read directly from the chart:
13) a) Intercept =
b) Slope =
c) R2 =
Perform Data > Data Analysis > Regression.
14) Highlight the Y-intercept with yellow. Highlight the X variable in blue. Highlight the R Square in orange
15) Use Excel to predict the number of minutes spent by a 22-year old shopper. Enter = followed by the regression formula.
Enter the intercept and slope into the formula by clicking on the cells in the regression output with the results.
16) Is it appropriate to use this data to predict the amount of time that an 85-year-old will spend browsing online retailers ?
If yes, what is the amount of time, if no, why?

Sheet 5: Cleaning Data with Outlier

17) On this worksheet, make an XY scatter plot linked to the following data:
X Y
1.01 2.8482
1.48 4.2772
1.8 4.788
1.81 5.3757
1.07 2.5252
1.53 3.0906
1.46 4.3362
1.38 3.2016
1.77 4.3542
1.88 4.8692
1.32 3.8676
1.75 3.9375
1.94 5.7424
1.19 2.4752
1.31 26.2
1.56 4.5708
1.16 2.842
1.22 2.44
1.72 5.1256
1.45 4.3355
1.43 4.2471
1.19 3.5343
2 5.46
1.6 3.84
1.58 3.8552
18) Add trendline, regression equation and r squared to the plot.
Add this title. ("Scatterplot of X and Y Data")
19) The scatterplot reveals a point outside the point pattern. Copy the data to a new location in the worksheet. You now have 2 sets of data.
Data that are more tha 1.5 IQR below Q1 or more than 1.5 IQR above Q3 are considered outliers and must be investigated.
It was determined that the outlying point resulted from data entry error. Remove the outlier in the copy of the data.
Make a new scatterplot linked to the cleaned data without the outlier, and add title ("Scatterplot without Outlier,") trendline, and regression equation label.
X Y
1.01 2.8482
1.48 4.2772
1.8 4.788
1.81 5.3757
1.07 2.5252
1.53 3.0906
1.46 4.3362
1.38 3.2016
1.77 4.3542
1.88 4.8692
1.32 3.8676
1.75 3.9375
1.94 5.7424
1.19 2.4752
1.56 4.5708
1.16 2.842
1.22 2.44
1.72 5.1256
1.45 4.3355
1.43 4.2471
1.19 3.5343
2 5.46
1.6 3.84
1.58 3.8552
Compare the regression equations of the two plots. How did removal of the outlier affect the slope and R2? Explain why the slope and R Square change the way they did
20)

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