Excel Data file: Name: Anupama Jha

Roll No: 2023119

ASRM Assignment

1. Question 1
t-Test: Two-Sample Assuming
Unequal Variances

Vendor 1 Vendor 2
Mean 450.06 454.8333333
Variance 5.70 5.088235294
Observations 18.00 18
Hypothesized Mean Difference 0.00
df 34.00
t Stat -6.17
P(T<=t) one-tail 0.00
t Critical one-tail 1.69
P(T<=t) two-tail 0.00
t Critical two-tail 2.03

a. Appropriate Method T-test: Two assuming unequal variances

for the Question
b. Hypothesis H0: The mean length of connecting rods from
Vendor 1 (μ1) is equal to the mean length of
connecting rods from Vendor 2 (μ2).
HA: The mean length of connecting rods from
Vendor 2 (μ2) is not equal to the mean length
of connecting rods from Vendor 1 (μ1).
c. Interpretations P-Value is less than Significant value 0.05 so
we reject H0, Hence we fail to prove that
mean of length of connecting rods is equal
 2. Question 2
Varianc
Sum Average e
286 71.5 7
131.583
257 64.25 3
190.916
191 47.75 7
278.666
264 66 7

264 66 196
204 51 198
11.3333
292 73 3
269.666
238 59.5 7

df MS F P-value F crit
418.416 4.89217 0.02761 3.86254
3 7 3 7 8
351.583 3.86254
3 3 4.11075 0.04303 8
85.5277
9 8

15

a. Identify an appropriate method for the Anova: Two-Factor Without Replication

said situation

b. hypothesis H0: There is no significant difference in the

hourly output of the product due to the
type of technology or the manufacturing
plant. In other words, the means are equal
for all technology types and all plants.
HA:At least one of the means for
technology types or manufacturing plants
is different.
c. Inference For the Plant the P-value, is less than
significant value, so that there is significant
differnce between group
 For technology the p-value (0.0430) is also
less than the significance level, indicating a
statistically significant difference between
at least one pair of technology groups.

3. Question 3

t-Test: Paired Two Sample

for Means

Before Placing After Placing

Hoarding Hoarding
Mean 15.08333333 16.25
Variance 7.901515152 11.47727273
Observations 12 12
Pearson Correlation 0.245815922
Hypothesized Mean
Difference 0
df 11
t Stat -1.054201217
P(T<=t) one-tail 0.157198071
t Critical one-tail 1.795884819
P(T<=t) two-tail 0.314396142
t Critical two-tail 2.20098516

a. Identify an appropriate method for the Paired smaple t-test

said situation.

b. hypothesis H0:The average monthly sales before

placing the hoarding is equal to the average
monthly sales after placing the hoarding.
HA: The average monthly sales after placing
the hoarding is greater than the average
monthly sales before placing the hoarding
by at least 5 lakhs.
c. Inferences The inferences from t-stat and critical valus
rejects the null hypothesis and there is
significant difference in sales and it is
greater than the avg sales before.
 4. Question 4

SUMMARY OUTPUT

Regression Statistics
0.19943080
Multiple R 8
0.03977264
R Square 7
-
Adjusted R 0.01357331
Square 7
494.387272
Standard Error 3

Observations 20

ANOVA
Significanc
df SS MS F eF
0.74556
Regression 1 182229 182229 1 0.399245
244418.
Residual 18 4399538 8

Total 19 4581767

Standard Upper
Coefficients Error t Stat P-value Lower 95% 95%
381.638215 0.88728 0.38662
Intercept 8 430.1169 9 5 -522.004 1285.28
3.00722064 0.86345 0.39924 10.3242
X Variable 1 7 3.482762 8 5 -4.30979 3
RESIDUAL OUTPUT

Observation Predicted Y Residuals

745.511914
1 1 332.4881
619.208646
2 9 -204.209
892.865725
3 7 -451.866
862.793519
4 3 329.2065
613.194205
5 6 -355.194
823.699650
6 9 361.3003
727.468590
7 2 -588.469

8 610.186985 -183.187

9 712.432487 -403.432

10 805.656327 -394.656
682.360280
11 5 -176.36
628.230308
12 9 -187.23
628.230308
13 9 -33.2303
724.461369
14 5 1003.539

15 712.432487 794.5675
871.815181
16 2 -353.815
658.302515
17 3 804.6975
892.865725
18 7 463.1343
808.663547
19 6 -381.664
790.620223
20 8 -375.62
 2000
1800
1600
Chart Title
1400
1200 Box-office collection Predicted Y
Axis Title

1000
800
600
400
200
0
60 80 100 120 140 160 180
Axis Title

a. Fit an appropriate predictive model to To estimate the box-office collection based on

estimate the Box-office collection based on the length of the movie, you can use linear
the length of the movie using MS Excel/SPSS. regression analysis in Excel.

b. Significance of model higher R-squared indicates a better fit of the

model.
This p-value tests the null hypothesis that all
coefficients (including the intercept) in the
model are equal to zero, meaning the
independent variable (length of the movie)
has no significant effect on the dependent
variable (box-office collection).
If the p-value is less than your chosen
significance level (e.g., 0.05), conclude that the
model is significant, and at least one of the
independent variables (length of the movie) has
a statistically significant effect on the
dependent variable (box-office collection).
c. Interpretations The R-squared value of 0.0398 indicates that
only about 3.98% of the variance in the
dependent variable (Box-office collection) can
be explained by the independent variable
(Length of the movie). This suggests that the
linear regression model does not explain much
of the variability in box-office collection.
 Coefficients:

The Intercept (381.6382) represents the

estimated box-office collection when the length
of the movie is zero. However, it's not
statistically significant as its p-value is greater
than the typical significance level (e.g., 0.05).
The coefficient for X Variable 1 (3.0072)
represents the estimated change in box-office
collection for a one-unit change in the length of
the movie. In this case, it's also not statistically
significant as its p-value is greater than 0.05.
ANOVA:

The p-value for the regression model's F-

statistic is 0.3992, which is greater than the
typical significance level of 0.05. This suggests
that the overall regression model is not
statistically significant, indicating that the
length of the movie does not significantly
explain the variation in box-office collection.

Summary: There is no strong evidence to suggest that the

length of the movie has a statistically
significant linear relationship with box-office
collection.