Name- Registration Number- Section- Assignment

Number-
HIM CIA 3.1

Note-

1. Every question should start from the first page-

2. Question should also be written before the Answer
3. Mention each step clearly
4. After due date Assignment will not be considered
5. Marks will be given only for the complete and correct solution
6. Last Date for this Assignment is 12-8-16

Q1. Where do women most often buy casual clothing? Data from the U.S. Shopper Database
provided the following percentages for women shopping at each of the various outlets (The Wall
Street Journal, January 28, 2004).

Outlet Percentage Outlet Percentage

WalMart 24 Kohls 8
Traditionaldepartmentstores 11 Mailorder 12
JCPenney 8 Other 37

The other category included outlets such as Target, Kmart, and Sears as well as numerous
smaller specialty outlets. No individual outlet in this group accounted for more than 5% of the
women shoppers. A recent survey using a sample of 140 women shoppers in Atlanta, Georgia,
found 42 Wal-Mart, 20 traditional department store, 8 JC Penney, 10 Kohls,
21 mail order, and 39 other outlet shoppers. Does this sample suggest that women shoppers in
Atlanta differ from the shopping preferences expressed in the U.S. Shopper Database? Use
=.05. What is your conclusion?

Q2. Consumer Reports measures owner satisfaction of various automobiles by asking the survey
question, Considering factors such as price, performance, reliability, comfort and enjoyment,
would you purchase this automobile if you had it to do all over again? (Consumer Reports
website, January 2009). Sample data for 300 owners of four popular midsize sedans are as
follows.
Automobile
Purchase Chevrolet Ford Toyata
HondaAccord
Again Impala Taurus Camry Total
Yes 49 44 60 46 199
No 37 27 18 19 101

Conduct a test of independence to determine if the owners intent to purchase again is

independent of the automobile. Use a .05 level of significance. What is your conclusion?

Correlation and Regression

Q1. The cost of a previously owned car depends upon factors such as make and model, model
year, mileage, condition, and whether the car is purchased from a dealer or from a private seller.
To investigate the relationship between the cars mileage and the sales price, data were collected
on the mileage and the sale price for 10 private sales of model year 2000
Honda Accords (PriceHub website, October 2008).
Miles Price
(1000s) ($1000s)
90 7.0
59 7.5
66 6.6
87 7.2
90 7.0
106 5.4
94 6.4
57 7.0
138 5.1
87 7.2

a. find correlation between the two variables and interpret the result. Can chi square be used
here in place of correlation for miles and price, if yes why and if not why.
b. Estimated the regression equation, considering appropriate independent and dependent
variable among miles and price
c. Provide an interpretation for the slope of the estimated regression equation.
d. Predict the sales price for a 2000 Honda Accord with 100,000 miles.
e. estimate the coefficient of determination

Q2. The following data are the monthly salaries y and the grade point averages x for students
who obtained a bachelors degree in business administration with a major in information systems.
The estimated regression equation for these data is y= 1790.5 +581.1x.

GPA MonthlySalary($)
2.6 3300
3.4 3600
3.6 4000
3.2 3500
3.5 3900
2.9 3600

a. Compute SST, SSR, and SSE.

b. Compute the coefficient of determination. Comment on the goodness of fit.