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Saturday, June 21, 2014

Business Research Methodology Assignment for home work part-2



MANARAT INTERNATIONAL UNIVERSITY
Department of Business Administration
BBA Program
Business Research Methodology
Assignment for home work


Chapter six

1.
a)
Distinguish between primary data and secondary data? Point out the main sources of primary data and secondary data? 


b)
What is personal interview? Discuss the advantages and disadvantages of personal interview?


c)
What is Telephone interview? Discuss the advantages and disadvantages of interview.


d)
What is Questionnaire? Discuss the advantages and disadvantages of Questionnaire.


e)
Discuss briefly the main aspect of a Questionnaire?


f)
What is the basic difference between questionnaire and Schedule?


g)
Discuss briefly the guidelines for constructing Questionnaire/ Schedule.


h)
Discuss briefly the guidelines for Successful interviewing.



Chapter seven

1.
a)
What do you mean by correlation analysis? What are the characteristics of correlation analysis?


b)
What do you mean by Regression Analysis?


c)
What are the basic difference between simple regression and multiple regressions?


d)
Haverty's Furniture is a family business that has been selling to retail customers in the Chicago area for many years. The owner would like to review the relationship between sales and the amount spent on advertising. Below is information on sales and advertising expenses for the last four months.
Month
Advertising Expense
($ million)
Sales Revenue
($ million)
July
2
7
August
1
3
September
3
8
October
4
10
a)      Determine the coefficient of correlation and interpret the result.
b)      Determine the coefficient of determination. Interpret.


e)
A department store gives in-service training to its salesmen which are followed by a test. It is considering whether it should terminate the services of any salesman who does not do well in the test. The following data gives the test scores and sales made by the salesmen during a certain period.
Test Scores
15
20
25
22
27
23
16
21
20
Sales (Thousand Tk)
32
37
49
38
51
46
33
41
39
a)      Determine the coefficient of correlation and make a comment.
b)      Determine the coefficient of determination and interpret the result.


f)
A sample of 6 families in the New York City revealed the following figures for family size and the amount of spent on food per week.
Family size
3
6
5
4
2
7
Amount spent on food($)
99
104
151
74
91
150

a)      Compute the coefficient correlation and interpret the result.
b)      Determine the coefficient of determination and interpret the result.


g)
A departmental store has the following statistics of sales(x) for a period of last one year of 10 salesmen, who have varying year of experience(y).
(i) Find the regression line of y on x.
(ii) Interpret the estimated slope of the regression line.
(ii) Predict the annual sales volume of persons who have 12 and 15 years of sales experience.
Salesperson
1
2
3
4
5
6
7
8
9
10
Years of  experience
1
3
4
4
6
8
10
10
11
13
Annual Sales
80
97
92
102
103
111
119
123
117
136


h)
The following table shows the data on incomes and food expenditure on the seven households of California. Use income as an independent variable and food expenditure as a dependent variable.
Income ($)
35
49
21
39
15
28
25
Expenditure($)
9
15
7
11
5
8
9
(i) Fit the regression line of food expenditure on income.
(ii) Interpret the estimated slope and the intercept of the regression line.
(iii) Find the coefficient of determination and interpret the result.


i)
The Bradford Electric Illuminating Company is studying the relationship between kilowatt-hours (thousands) and number of rooms in a private single-family residence. A random sample of 10 homes yielded the following.
Number of Rooms
12
9
14
6
10
8
10
10
5
7
Kilowatt-hours(thous)
9
7
10
5
8
6
8
10
4
7
(i)                 Determine the regression equations
(ii)               Determine the number of kilowatt-hours, in thousands, for a six-room house.


j)
Mr. James McWhinney, president of Daniel-James Financial Services, believes there is a relationship between the number of client contacts and the dollar amount of sales. To document this assertion, Mr. McWhinney gathered the following sample information. The X column indicates the number of client contacts last month, and the Y column shows the value of sales ($ thousands) last month for each client sampled.
Number of Contacts
14
12
20
16
46
23
48
50
55
50
Sales ($ thousands)
24
14
28
30
80
30
90
85
120
110
(i)                 Determine the regression equation
(ii)               Determine the estimated sales if 40 contacts made.


k)
A study involving multiple regression showed that a person’s income ( y) expressed in thousands of dollars can be determined based on the person’s years of education( X1) and the person’s sales experience in years(X2) . For a sample of 30 people, the following equation was calculated.
Y=25.4+3.65 X1 + 1.83 X2
a)      Interpret the constants
b)      Estimate a person’s income if he has 4 years of education and 2 years of sales experience.
c)      Estimate a person’s income if he is illiterate and does not have any sales experience.
d)     What would be the person’s income if he has 10 years of education regardless of his sales experience?


l)
A course teacher of Business Research Methodology wished to determine the relationship of grades on final examination to grades on two exams during the semester. X1 denotes the grades on the mid-term exam, X2 denotes the grades on the final exam and Y denotes the grades on the final examination.
x1:
25
15
23
22
18
20
28
21
30
26
x2:
15
17
16
15
12
18
19
13
17
10
y:
70
60
65
80
66
70
90
85
100
90
(i)                 Estimate the regression coefficient of Y on X1 and X2


m)
For 10 families, the following data were available on their income ( in ‘000) expenditure in ( in ‘000) and family size. We will use these4 data to compute the multiple regression equation and the coefficient of determination.
Expenditure (y):
7
8
9.5
10
11
15
18
18
20
25
Income(x1):
10
12
15
18
18
20
20
19
20
29
Family size (x2):
4
5
5
8
7
9
8
9
9
10
(i)                 Estimate the regression coefficient of Y on X1 and X2
(ii)               Compute the average family expenditure for a family with 6 members and an income of 17000 taka.
(iii)             Compute the coefficient of multiple determination and comment on the result



Chapter : Eight

1.
a)
What do you mean by Sampling? Discuss briefly the importance of Sampling


b)
What points a researcher should keep in mind for sample size and its determination.


c)
A university student wants to determine the mean amount of members of city councils in large cities earn per month as remuneration for being a council member. The error in estimating the mean is to be less than Tk.100 with a 95 percent level of confidence. The student found a report by the Department of Labor that estimated the standard deviation to be Tk.1000. What is the required sample size?


d)
A consumer group would like to estimate the mean monthly electricity charge for a single family house in June. The error in estimating the mean is to be within Tk.5 with a 99 percent level of confidence. Based on similar studies the standard deviation is estimated to be Tk.20.00. How large a sample is required?


e)
A real estate company would like to estimate the mean monthly electricity consumption in their apartment complexes located in a city within ±50kw/h of the true value and desires to be 95% confident of correctly assessing the true mean.  On the basis of a study undertaken elsewhere in a similar environment, the company believes that the standard deviation can be estimated as 200kw/h. How large a sample is required?


f)
Determine the size of the sample for estimating the true weight of the cereal containers for the universe with N = 500 on the basis of the following information: (1) The variance of weight = 4 ounces on the basis of past records.
(2) Estimate should be within 0.8 ounces of the true average weight with 99% probability. Will there be a change in the size of the sample if we assume infinite population in the given case? If so, explain by how much?


g)
The National Board of Revenue (NBR) suspects on the basis of a preliminary enquiry that 20% businessmen provide false statement in their tax return. They now plan to undertake a statistical study to estimate the true proportion of person who falsifies their returns. How large a sample would be needed if they want to 90% certain that the error in the estimation in the true proportion will be within ±5%.


h)
The Dhaka Club wanted to estimate the proportion of children that have a dog as a pet.  If the club wanted the estimate to be within 3% of the population proportion, how many children would they need to contact?  Assume a 95% level of confidence and that the club estimated that 30% of the children have a dog as a pet.


i)
A study needs to estimate the proportion of cities that have private refuse collectors. The investigator wants the margin of error to be within 0.10 of the population proportion, the desired level of confidence is 90 percent, and no estimate is available for the population proportion. What is the required sample size?


j)
What should be the size of the sample if a simple random sample from a population of 4000 items is to be drawn to estimate the percent defective within 2 percent of the true value with 95.5 per cent probability? What would be the size of the sample if the population is assumed to be infinite in the given case?


K)
Book Illustration: 1, 2, 3 &4.



Chapter nine

1.
a)
What is a Hypothesis? What are the characteristics of Hypothesis? 


b)
What do you mean by Level of Significance?


c)
What do you mean by Type I and Type II Errors?


d)
What do you mean by One tailed test? How it is differ from two tailed test. Show it through a diagram.


e)
What are the basic difference between critical region and critical value?


f)
Discuss briefly the procedure for hypothesis testing.


g)
When Z, t, F and Chi-squire test will be applicable.


h)
A sample of 400 male students is found to have a mean height 67.47 inches. Can it be reasonably regarded as a sample from a large population with mean height 67.39 inches and standard deviation 1.30 inches? Test at 5% level of significance.


i)
Suppose we are interested in a population of 20 industrial units of the same size, all of which are experiencing excessive labour turnover problems. The past records show that the mean of the distribution of annual turnover is 320 employees, with a standard deviation of 75 employees. A sample of 5 of these industrial units is taken at random which gives a mean of annual turnover as 300 employees. Is the sample mean consistent with the population mean? Test at 5% level.


j)
The mean of a certain production process is known to be 50 with a standard deviation of 2.5. The production manager may welcome any change is mean value towards higher side but would like to safeguard against decreasing values of mean. He takes a sample of 12 items that gives a mean value of 48.5. What inference should the manager take for the production process on the basis of sample results? Use 5 per cent level of significance for the purpose.


k)
The specimen of copper wires drawn form a large lot has the following breaking strength (in kg. weight):578, 572, 570, 568, 572, 578, 570, 572, 596, 544 Test (using Student’s t-statistic) whether the mean breaking strength of the lot may be taken to be 578 kg. Weight (Test at 5 per cent level of significance).


l)
Raju Restaurant near the railway station at Falna has been having average sales of 500 tea cups per day. Because of the development of bus stand nearby, it expects to increase its sales. During the first 12 days after the start of the bus stand, the daily sales were as under: 550, 570, 490, 615, 505, 580, 570, 460, 600, 580, 530, 526 On the basis of this sample information, can one conclude that Raju Restaurant’s sales have increased? Use 5 per cent level of significance.


m)
The mean produce of wheat of a sample of 100 fields in 200 lbs. per acre with a standard deviation of 10 lbs. Another sample of 150 fields gives the mean of 220 lbs. with a standard deviation of 12 lbs. Can the two samples be considered to have been taken from the same population whose standard deviation is 11 lbs? Use 5 per cent level of significance.


n)
A simple random sampling survey in respect of monthly earnings of semi-skilled workers in two cities gives the following statistical information:
City
Mean monthly
earnings (Rs)
Standard deviation sample data of monthly earnings
Size of sample
A
695
40
200
B
710
60
175

Test the hypothesis at 5 per cent level that there is no difference between monthly earnings of workers in the two cities.


o)
Sample of sales in similar shops in two towns are taken for a new product with the following results:
Town
Mean sales
Variance
Size of sample
A
57
5.3
5
B
61
4.8
7
Is there any evidence of difference in sales in the two towns? Use 5 per cent level of significance for testing this difference between the means of two samples.


p)
A sample survey indicates that out of 3232 births, 1705 were boys and the rest were girls. Do these figures confirm the hypothesis that the sex ratio is 50: 50? Test at 5 per cent level of significance.


q)
The null hypothesis is that 20 per cent of the passengers go in first class, but management recognizes the possibility that this percentage could be more or less. A random sample of 400 passengers includes 70 passengers holding first class tickets. Can the null hypothesis be rejected at 10 per cent level of significance?


r)
A certain process produces 10 per cent defective articles. A supplier of new raw material claims that the use of his material would reduce the proportion of defectives. A random sample of 400 units using this new material was taken out of which 34 were defective units. Can the supplier’s claim be accepted? Test at 1 per cent level of significance.


s)
Two random samples drawn from two normal populations are:
Sample 1:  20 16 26 27 23 22 18 24 25 19
Sample 2:  27 33 42 35 32 34 38 28 41 43 30 37
Test using variance ratio at 5 per cent and 1 per cent level of significance whether the two populations have the same variances.


t)


u)
Book Illustration:  2, 3 ,4,5,6,7,8,9,10,13,14,15,19,20.



Chapter ten

1.
a)
What do you mean by Chi Square test? Conditions for the application of x2 test


b)
Weight of 10 students is as follows :
S.. No.
1
2
3
4
5
6
7
8
9
10
Weight (kg)
38
40
45
53
47
43
55
48
52
49
Can we say that the variance of the distribution of weight of all students from which the above sample of 10 students was drawn is equal to 20 kgs? Test this at 5 % and 1% level of significance.


c)
A sample of 10 is drawn randomly from a certain population. The sum of the squared deviations from the mean of the given sample is 50. Test the hypothesis that the variance of the population is 5 at 5 per cent level of significance.


d)
Find the value of Chi-squire(x2) for the following information.
Class
Observed frequency (Oi)
Expected frequency(Ei)
A
37
31
B
44
38
C
19
31
.


e)











.

Class
Observed frequency (Oi)
Expected frequency(Ei)
A
8
7
B
29
24
C
44
38
D
15
24
E
4
7
Find the value of Chi-squire(x2) for the following information.


f)
Genetic theory states that children having one parent of blood type A and the other of blood type B will always be of one of three types, A, AB, B and that the proportion of three types will on an average be as 1 : 2 : 1. A report states that out of 300 children having one A parent and B parent,30 per cent were found to be types A, 45 per cent per cent type AB and remainder type B. Test the hypothesis by  χ2 test.


g)













.
The table given below shows the data obtained during outbreak of smallpox:

Attacked
Not Attacked
Total
Vaccinated
31
469
500
Not Vaccinated
185
1315
1500
Total
216
1784
2000





Test the effectiveness of vaccination in preventing the attack from smallpox. Test your result with the help of  χ2 at 5 per cent level of significance.


h)








.

Investigators
Income groups
Total
Poor
Middle
Rich

A
160
30
10
200
B
140
120
40
300
Total
300
140
50
500
Show that the sampling technique of at least one research worker is defective.


i)
Discuss briefly the steps involved in applying chi-square test.



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