Download as pdf or txt
Download as pdf or txt
You are on page 1of 5

Statistics Help Online

Contact Us:
Economics Help Desk
Mark Austin
Web: http://economicshelpdesk.com/
Email: info@economicshelpdesk.com
Twitter: https://twitter.com/econ_helpdesk
Facebook: https://www.facebook.com/economicshelpdesk
Blog: http://economicshelpdesk.blogspot.com/
Tel: +44-793-744-3379

Copyright 2012-2014 Economicshelpdesk.com, All rights reserved

About Statistics Assignment:


The statistics assignment help of the online statistics tutors can be
availed by the students on our website very conveniently. Most of the
services of online tutors in statistics nowadays are no longer free.
Statistics means the practice or science of collecting and analysing
numerical data in large quantities, especially for the purpose of
inferring proportions in a whole from those in a representative
sample. But the prices we offer are very affordable and the students
will surely like the benefits of their helpful guides and solutions while having a tutorial lesson in
Statistics for their assignments. All our statistics experts are capable of handling different kinds
of Statistics Help Online that are present in the course curriculum of university and colleges in
the present time.
Statistics assignment Sample Questions and Answers:

Question 1 : Define Rank Correlation and derive p (X. Y).


Ans. Let us suppose that a group of n individuals is arranged in order of merit or proficiency in
possession of two characteristics A and B. These ranks in the two characteristics will, in general,
be different B. These ranks in the two characteristics will, in general. be different For example, if
we consider the relation between intelligence and beauty. it is not necessary that a beautiful
individual is intelligent also. Let (x, y) : I = 1, 2. n be the rank of the ith individual in two
characteristics A and B respectively. Pearsonian coefficient of correlation between the ranks x, s
and is called the rank correlation coefficient between A and B for that group of individuals.
Derivation of p(X, Y) : We have
P(X,Y) = [

x x Y Y
(x x)2 . (Y Y)2

2. 2

(1)

Where x = X - . y = Y - .
If X and Y each takes the values 1,2,.. n then =
2
=

and n

2
=

Also

2 = ( )2 = ( ) (Y - )]2 =

2 =

2 =

2 +

= ( 2 +

1
2

( 2 1)
12

and n

2 =

+1
2

( 2 1)

(2)

12

2 - 2
2 -

Copyright 2012-2016 Economicshelpdesk.com, All rights reserved

We shall now investigate the effect of common ranking (in case of ties). on the sum of squares of
the ranks. Let 2 and S12 denote that sum of the squares of united and lied ranks respectively.
Then we have:

Question 2 : Report the data given in the illustration 13 by a frequency polygon drawn
straightway.
Solution
Frequency Polygon
(Showing the wage distribution of a group of workers)

Copyright 2012-2016 Economicshelpdesk.com, All rights reserved

Question 3 : The equation for yearly sales (in 000 $.) for a commodity with the year, 2003 as
origin is
Yc =91.6 + 28.8X. Determine the trend equation to give the monthly trend values with Jan 04.
Since, the conversion is required to be made from a higher periodical base (annual) to a lower
periodical base (monthly), it is necessary to attempt on the conversion first, and then on shifting
of the trend origin as follows :
(ii) Conversion of the trend
By the formula of conversion of an annual trend into a monthly one we have,

Yc = 12 + 12 12
Substituting the respective values, in the above we get,
Yc =

91 .6
12

28.8

+ 12 12 = 7.63 + 0.2X

Thus, Yc = 7.63 + 0.2 Y


When X unit = 1 month, and Y unit = monthly sales
(ii) Shifting of the Trend Origin
Here, it is required to shift forward the trend origin by 6.5 months i.e. from 1st July, 03 (the
midpoint of the year, 03) to the 15th Jan, 04 (the midpoint of the month).
Thus, K = 5.5
Copyright 2012-2016 Economicshelpdesk.com, All rights reserved

By the formula of shifting a trend we have,


Yc = a + b (X + K)
Substitution the respective values in the above we get,
Yc = 7.63 + 0.2 (X + 6.5)
= 7.63 + 0.2X + 1.3
= 8.93 + 0.2 Y
Yc = 8.93 + 0.2 X
Where, the point of origin is Jan 03, X unit = 1 month, and Y unit monthly sales.
(iii) Calculation of the trend value for March 04
The time deviation of March 04 from the trend origin Jan 04, or X = 2
Thus, when X = 2, Yc = 8.93 + 0.2 (2)
= 8.93 + 0.4 = 9.33
Hence, the trend value for March 04 will be 9.33.

Copyright 2012-2016 Economicshelpdesk.com, All rights reserved

You might also like