Statistical Analysis of the "Statistics Marks" of PGDM Students

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STATISTICAL ANALYSIS OF THE “STATISTICS MARKS” OF PGDM STUDENTS

Transcript of Statistical Analysis of the "Statistics Marks" of PGDM Students

STATISTICAL ANALYSIS OF THE “STATISTICS MARKS” OF PGDM

STUDENTS

Procedure & Objective Collected 30 samples [marks of statistics

bridge course and midterm exam], 10 samples each from PGDM A, B, and C classes.

Converted the marks to their percentages. Calculated the measures of Central

Tendency and measures of Dispersion. Analyse the relation between Bridge course

marks and midterm marks by using scatter diagram and Karl Pearson’s Correlation coefficient.

Hypothesis Testing on the midterm marks.

DataSl. No Bridge Midterm

1 70 28

2 50 17

3 40 20

4 43 37

5 77 73

6 57 67

7 83 33

8 80 70

9 73 40

10 60 50

11 60 80

12 83 90

13 47 73

14 70 55

15 63 88

Sl. No Bridge Midterm

16 67 23

17 37 53

18 70 58

19 50 73

20 37 48

21 80 27

22 63 20

23 80 27

24 83 43

25 80 47

26 47 47

27 80 73

28 90 93

29 73 80

30 70 53

Measures of Central Tendency

MeanThe mean is the same of what is generally referred to as the ‘average’, and it is calculated in the following manner:

MedianThe median is the point corresponding to the score that lies in the middle of the distribution (i.e., there are as many data points above the median as there are below the median).

Mode

The value that is repeated most often in the data set

Measures of Central Tendency of Mid Term & Bridge Course Marks

MEAN MEDIAN MODE

MID TERM 52.866% 51.5% 73%

BRIDGE 65. 433% 65% 80%

Measures of Dispersion

Standard Deviation

The standard deviation measures the amount of variation or dispersion from the average. It is represented by the Greek letter sigma, σ.

Variance

Variance measures how far a set of numbers is spread out. It is denoted by for population and s2 for sample.

Measures of Dispersion of Midterm & Bridge Course

Standard Deviation Variance

Midterm Exam 22.854 522.326

Bridge Course 15.525 250.27

SPSS Output

Correlation Scatter Diagram

A scatter diagram is a graph that shows the relationship between two quantitative variables measured on the same individual. Each individual in the data set is represented by a point in the scatter diagram.

Karl Pearson's Correlation Coefficient

It summarizes the strength of linear relationship between two metric variables i.e. ratio or interval variables.

It ranges from +1 to -1. Correlation of +1: there is perfect positive relation between

variables. Correlation of -1 : there is perfect negative relation between

variables. Correlation is 0 : there is no relationship between variables.

Scatter Diagram

Regression and Co-relation Coefficient

Interpretation From the scatter diagram it is clear that the

relation is positive and it is not a strong relation. From the SPSS output it is clear that correlation

coefficient; r = 0.203, which implies that the relation between Bridge marks and midterm marks are weak & positive.

The value of Coefficient of determination; r² = .0412 means that only 4.12% of the total variation of the midterm marks can be explained by linear relationship between bridge marks.

Hypothesis Testing – ‘T test’

Why T test?

1. Population standard deviation of the data is not known.

2. Sample size is 30.

T test for Midterm

H˳ ≥ 40

H1 < 40 One tailed test

Left tailed test Assume level of significance, α = 5% From SPSS; Zcal = 3.084 From T table; Zcr = 1.699 From SPSS; P value = 0.004

0.5 0.5

0.05

SPSS Output

T test for Bridge Course

H˳ ≥ 40

H1 < 40 One tailed test

Left tailed test Assume level of significance, α = 5% From SPSS; Zcal = 8.802 From T table; Zcr = 1.699

Rejection Rules

Rejection rule using p-value:

Reject H0 if p-value ≤ α

Rejection rule using critical value:Reject H0 if |TSCAL| > |TSCR|

Test Result

Result for Mid Term Exam Critical value approach:

|Zcal| > |Zcr| (3.084>1.699)

Hence the Null Hypothesis H˳ is rejected.

Result for Bridge Course Critical value approach: 8.802 >1.699 Hence the Null Hypothesis H˳ is rejected.

Test Result

P value approach:

P value < α (.004 < .05)

Hence the Null Hypothesis H˳ is rejected.

Conclusion Using SPSS data was analysed and we calculated

1. Measures of central tendency and measures of dispersion.

2. By studying co-relation we found that the relation between bridge course marks and midterm marks are weak and positive.

3. Hypothesis testing is done using P value approach and critical value approach and found out that null hypothesis is rejected.

4. Hence it is clear that the percentage marks of most of the students lies below 40%.

THANK YOU