Aurora Textile Company

In: Business and Management

Submitted By pusky
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ASE 2009

Case Study

Record 40 – 60 data for two statistical variables (X and Y) at your choice.

I. For each of the two variables:

a) Calculate and interpret the average, standard deviation and the coefficient of variation for row data. Interpret the results. Is the data series homogenous?
b) Summarize the data in an appropriate number of classes. Construct the frequency distribution.
c) Calculate and interpret for the frequency distribution the average, standard deviation and coefficient of variance. Compare with the results from point a). Explain the differences.
d) Construct a histogram and describe the shape of the distribution based on the histogram.
e) In which interval is expected that about 95% of the data will fall? Is this assumption true for this data?

II. Using the “Pivot Table Wizard” in EXCEL, build a pivot table on your spreadsheet (using also the second variable). You may have to change the order of the rows (You should define the intervals first using VLookup function.

III. Calculate the regression line and interpret and test the regression coefficients, coefficient of determination and coefficient of correlation. Interpret the results.


We chose for analysis a sample of 41 countries, considering the relationship between the following two variables: the Human Development Index(HDI) and the Gross Product per Capita (GDP)[1]. The values…...

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