Assessment Ex2024 IDA
Assessment Ex2024 IDA
PROGRAMME:
BSC BUSINESS INTELLIGENCE AND DATA ANALYTICS
BI201- INTRODUCTION TO DATA ANALYTICS Year 2 Semester1
ASSESSMENT EXAMINATION
Instructions to candidates
[Link].12.F02.V1.0
Question 1
Questions 1 to 20 are multiple-choice. Only one answer is correct for each question.
Provide only one answer. If you provide more than one answer, your response will be
marked as incorrect. Each question is worth (one) 1 mark.
1. An equity analyst has grouped stocks from the Botswana Stock Exchange (BSE)
according to their industry sector. For example, they have categorised Letshego
Holdings Limited, which operates in the financial sector. What type of measurement
scale is the analyst most likely applying?
A. Interval
B. Nominal
C. Ordinal
4. Which of the following is least likely to be true for a binomial random variable?
A. The standard deviation is calculated as np(1 – p).
B. The probability of success (p) remains the same for every trial.
C. The experiment has only two possible outcomes.
5. Which of the following statements is least likely to be true for a normal probability
distribution?
A. The excess kurtosis is 3.0.
B. The mean and median are equal.
C. It is fully described by its mean and standard deviation.
Page 2 of 11
6. A health researcher is studying the effects of vaccination on COVID-19 recovery rates.
She estimates that there is a 0.3 probability that a patient will recover within a week if
they are fully vaccinated. Additionally, 50% of the patients in the study are fully
vaccinated. What is the probability that a patient is fully vaccinated and will recover
within a week?
A. 15%
B. 30%
C. 80%
9. You obtained the following data about the return of stock A for six years:
Year Return (%)
2014 8
2015 14
2016 22
2017 16
2018 -23
2019 -6
The arithmetic mean is closest to:
A. 60%.
B. 5.17%.
C. 1.17%.
Page 3 of 11
10. A school is tracking the performance of two categories of students, "Males" and
"Females," across four different classes (Class A, Class B, Class C, and Class D). The
school principal wants to know the following:
1. The individual performance of males and females in each class.
2. The total performance of each class, including the contribution of males and females
combined.
You are provided with two charts: a bar chart and a stacked bar chart.
Which chart would be most appropriate for each of the following tasks?
1. To compare the performance of males and females’ side by side for each class.
2. To compare the total performance of each class while also showing the
contribution of males and females to the total.
Page 4 of 11
13. A factory produces light bulbs with an average lifespan of 1,000 hours and a standard
deviation of 50 hours. A quality control manager randomly selects a sample of 30 light
bulbs and calculates the mean lifespan of the sample. The manager repeats this
process many times, each time with a different random sample of 30 light bulbs.
Which of the following best describes the distribution of the sample means?
A. It will follow a skewed distribution with a mean of 1,000 hours.
B. It will be normally distributed with a mean of 1,000 hours, regardless of the
population distribution, due to the Central Limit Theorem.
C. It will follow the distribution of the individual lifespans of the light bulbs in
the factory.
D. It will be normally distributed with a mean of 1,000 hours, only if the
population distribution is normal.
14. A researcher is conducting a study to estimate the average height of adult males in a
city. The population standard deviation is known to be 6 cm. The researcher collects
two different samples:
Sample 1: 25 randomly selected males.
Sample 2: 100 randomly selected males.
How will the standard error of the sample mean differ between Sample 1 and Sample
2, and why?
A. The standard error will be smaller for Sample 1 because it is based on fewer
individuals.
B. The standard error will be smaller for Sample 2 because larger samples reduce
the standard error.
C. The standard error will be the same for both samples because the population
standard deviation is the same.
D. The standard error will be larger for Sample 2 because it includes more
variability in the larger sample.
15. A sales representative makes cold calls, and each call has a 15% chance of resulting in
a sale. What is the probability that the next call will not result in a sale?
A. 0.85
B. 0.15
C. 0.75
D. 0.50
Page 5 of 11
16. A survey is conducted where each respondent is asked whether they prefer coffee or
tea. The probability that a randomly selected respondent prefers coffee is 0.6. The
surveyor asks 15 randomly selected people for their preference and records the
number of respondents who choose coffee. Which of the following statements best
describes the distribution used to model the number of people who prefer coffee in
this survey?
A. It follows a normal distribution because there is a large sample size.
B. It follows a binomial distribution because there is a fixed number of trials, and
each respondent either prefers coffee or tea.
C. It follows a uniform distribution because all respondents have an equal chance
of being selected.
D. It follows a Poisson distribution because we are counting events over a fixed
period.
17. A researcher is analysing the heights of adult men in a large population. The heights
are normally distributed with a mean of 175 cm and a standard deviation of 10 cm.
Which of the following statements is true about the distribution of men's heights?
A. Most men’s heights will be exactly 175 cm.
B. There are fewer men with heights far from 175 cm than those close to it.
C. The number of men with heights between 165 cm and 185 cm will be the same
as those between 155 cm and 165 cm.
D. The distribution of men's heights is skewed to the left.
18. A person is deciding between two vacation destinations: Hawaii or Paris. They can
only afford one trip, and once the choice is made, they will not go to the other location.
How would you best describe the relationship between the events of choosing Hawaii
or Paris?
A. The events are mutually exclusive because choosing one prevents choosing the
other.
B. The events are independent because choosing Hawaii does not affect the
chance of choosing Paris.
C. The events are neither mutually exclusive nor independent.
D. The events are independent because the person can change their mind and
choose both.
Page 6 of 11
19. How many different 4-member delegations is it possible to create from a group of 14
people?
A. 1,001
B. 1,344
C. 32,256
20. Which of the following functions, defined on S = { a1, a2, a3} form a valid probability
space.
A. P(a1) = 2/3, P(a2) = -1/3, P(a3) = 2/3
B. P(a1) = 0, P(a2) = 1/3, P(a3) = 3/2
C. P(a1) = ¼, P(a2) = 1/3, P(a3) = ½
D. None of the provided options form a valid probability space.
Question 2
a. A company is evaluating the performance of its employees based on four key factors:
Punctuality, Task Completion, Teamwork, and Innovation. The weights assigned to
each factor are based on the company’s priorities as follows:
• Punctuality: 20%
• Task Completion: 40%
• Teamwork: 30%
• Innovation: 10%
Employee John received the following scores out of 10:
• Punctuality: 7
• Task Completion: 9
• Teamwork: 6
• Innovation: 8
What is John’s overall weighted performance score?
[5 marks]
Page 7 of 11
b. Laptop Comparison website provides a wide variety of information about laptop
computers. Their website enables consumers to easily compare different laptops using
factors such as price, operating system, screen size, battery life, and processor brand.
A sample of 10 laptop computers is shown in Table 1.
Table 1 Sample of Laptop Computers
c. A scatter diagram to explore the relationship between Y values and X values is shown
in figure 1.
i. Is there a relationship between Y values and X values. If there is, state and
explain the type of relationship. [2 marks]
ii. Given the relationship and the presence of outliers, how would you interpret
the strength of the relationship between X and Y? [2 marks]
Page 8 of 11
Figure 1 Scatter Plot
Question 3
a. Consider the following two-way pivot table of brand preference for digital camera and
their primary usage (professional or personal).
Page 9 of 11
b. Ella creates a spinner with 8 sections, each labelled with a number less than 10. She
spins the spinner 1000 times, and her results reveal the following probabilities:
• The probability of landing on the number 1 is 25%.
• The probability of landing on a number greater than 7 is 0%.
• The probability of landing on a number less than 5 is 75%.
• The probability of landing on an odd number is 50%.
Fill in the missing numbers on the spinner sections so that these probabilities are
accurate. [8 marks]
?
2 ?
3 Spinner 4
? 3
?
Question 4
a. A manufacturing company tracks the use of its new industrial equipment across
different factories. Data shows that 35% of factories use the company's automated
machines for production, while others still rely on manual labour or older equipment.
Now, suppose 10 factories are randomly selected to be surveyed about their usage of
the automated machines.
i. Would randomly selecting 10 factories and asking whether they use the
automated machines be considered a binomial experiment? Explain your
answer. [9 marks]
ii. What is the probability that none of the 10 factories uses the automated
machines? [3 marks]
iii. What is the probability that at least 2 of the 10 factories use the automated
machines? [4 marks]
Page 10 of 11
b. A logistics company uses GPS tracking for its deliveries. It is reported that 40% of all
deliveries are monitored with real-time GPS software that tracks when, where, and
how the delivery was made. Now, suppose we randomly select 50 deliveries.
i. What is the expected number of these deliveries that are tracked with GPS
software? [2 marks]
ii. What is the standard deviation for the number of these deliveries that are
tracked with GPS software? [2 marks]
Question 5
a) Given that z is a standard normal random variable, compute the following
probability
P(0.52 < z < 1.22) [4 marks]
b) Automobile repair costs continue to rise with the average cost now at P367 per
repair. Assume that the cost for an automobile repair is normally distributed with
a standard deviation of P88. Answer the following questions about the cost of
automobile repairs.
i. What is the probability that the cost will be less than P250? [4 marks]
ii. If the cost for your car repair is in the lower 5% of automobile repair
charges, what is your cost? [4 marks]
Page 11 of 11
Frequently Used Statistics Formulas and Tables
Chapter 2
Chapter 3 Chapter 3
About 68%: P -V to P V
w weight Empirical Rule
¦x
n
Population mean: P
¦( w x x)
N s
Sample coefficient of variation: CV < 100%
¦w V
x
Weighted mean: x
¦( f x x) P
Population coefficient of variation: CV < 100%
¦f
Mean for frequency table: x
highest value + lowest value Sample standard deviation for frequency table:
n [ ¦( f x x 2 ) ] [ ¦( f x x) ]
Midrange 2
2
n (n 1)
s
Range = Highest value - Lowest value
xx
¦( x x ) 2
Sample z-score: z
s
n 1 xP
Sample standard deviation: s
¦( x P ) V
Population z-score: z
Population standard deviation: V
2
Q3 Q1
N
Interquartile Range: (IQR)
Sample variance: s 2
Modified Box Plot Outliers
Population variance: V 2 lower limit: Q1 - 1.5 (IQR)
upper limit: Q3 + 1.5 (IQR)
Chapter 4 Chapter 5
P ( A) x P ( B, given A) V ¦[ x 2 x P( x)] P 2
General multiplication rules
P ( A) x P ( A, given B )
P ( A and B )
P ( A and B )
P ( A) + P ( B ) P ( A and B )
General addition rule q = probability of failure
q 1 p p q=1
P ( A or B )
Mean: P np
Standard deviation: V
n!
r !(n r )!
Combination rule: n Cr npq
Poisson Distributions
Permutation and Combination on TI 83/84
r number of successes (or x)
P = mean number of successes
n Math PRB nPr enter r (over a given interval)
Poisson probability distribution
e P P r
n Math PRB nCr enter r
P(r )
r!
e | 2.71828
P
Note: textbooks and formula
sheets interchange “r” and “x” mean (over some interval)
V P
for number of successes
V2 P
2
Chapter 6 Chapter 7
xP
2
V
Standard score: z Error = Upper limit - Lower limit
2
Mean of x distribution: P x P Sample Size for Estimating
V
Standard deviation of x distribtuion: V x
means:
§ zD / 2V ·
¨ E ¸
2
© ¹
n n
(standard error)
x P
V/ n
Standard score for x : z proportions:
§z ·
ˆ ˆ ¨ D / 2 ¸ with preliminary estimate for p
2
© E ¹
n pq
Chapter 7
§z ·
0.25 ¨ D / 2 ¸ without preliminary estimate for p
2
© E ¹
One Sample Confidence Interval n
p (1 p ) Confidence Intervals
where E zD / 2
z-value ( zD / 2 )
n
r Level of Confidence
pˆ
n
70% 1.04
for means (P ) when V is known:
75% 1.15
x E P x E
V
80% 1.28
where E zD / 2
n 85% 1.44
for means (P ) when V is unknown: 90% 1.645
x E P x E 95% 1.96
s
where E tD / 2
n 1
n 98% 2.33
with d . f .
99% 2.58
(n 1) s 2 (n 1) s 2
for variance (V 2 ) : < V2
F R2 F L2
with d . f . n 1
3
Standard Normal Cumulative Probability Table
Cumulative probabilities for NEGATIVE z-values are shown in the following table:
z 0.00 0.01 0.02 0.03 0.04 0.05 0.06 0.07 0.08 0.09
-3.4 0.0003 0.0003 0.0003 0.0003 0.0003 0.0003 0.0003 0.0003 0.0003 0.0002
-3.3 0.0005 0.0005 0.0005 0.0004 0.0004 0.0004 0.0004 0.0004 0.0004 0.0003
-3.2 0.0007 0.0007 0.0006 0.0006 0.0006 0.0006 0.0006 0.0005 0.0005 0.0005
-3.1 0.0010 0.0009 0.0009 0.0009 0.0008 0.0008 0.0008 0.0008 0.0007 0.0007
-3.0 0.0013 0.0013 0.0013 0.0012 0.0012 0.0011 0.0011 0.0011 0.0010 0.0010
-2.9 0.0019 0.0018 0.0018 0.0017 0.0016 0.0016 0.0015 0.0015 0.0014 0.0014
-2.8 0.0026 0.0025 0.0024 0.0023 0.0023 0.0022 0.0021 0.0021 0.0020 0.0019
-2.7 0.0035 0.0034 0.0033 0.0032 0.0031 0.0030 0.0029 0.0028 0.0027 0.0026
-2.6 0.0047 0.0045 0.0044 0.0043 0.0041 0.0040 0.0039 0.0038 0.0037 0.0036
-2.5 0.0062 0.0060 0.0059 0.0057 0.0055 0.0054 0.0052 0.0051 0.0049 0.0048
-2.4 0.0082 0.0080 0.0078 0.0075 0.0073 0.0071 0.0069 0.0068 0.0066 0.0064
-2.3 0.0107 0.0104 0.0102 0.0099 0.0096 0.0094 0.0091 0.0089 0.0087 0.0084
-2.2 0.0139 0.0136 0.0132 0.0129 0.0125 0.0122 0.0119 0.0116 0.0113 0.0110
-2.1 0.0179 0.0174 0.0170 0.0166 0.0162 0.0158 0.0154 0.0150 0.0146 0.0143
-2.0 0.0228 0.0222 0.0217 0.0212 0.0207 0.0202 0.0197 0.0192 0.0188 0.0183
-1.9 0.0287 0.0281 0.0274 0.0268 0.0262 0.0256 0.0250 0.0244 0.0239 0.0233
-1.8 0.0359 0.0351 0.0344 0.0336 0.0329 0.0322 0.0314 0.0307 0.0301 0.0294
-1.7 0.0446 0.0436 0.0427 0.0418 0.0409 0.0401 0.0392 0.0384 0.0375 0.0367
-1.6 0.0548 0.0537 0.0526 0.0516 0.0505 0.0495 0.0485 0.0475 0.0465 0.0455
-1.5 0.0668 0.0655 0.0643 0.0630 0.0618 0.0606 0.0594 0.0582 0.0571 0.0559
-1.4 0.0808 0.0793 0.0778 0.0764 0.0749 0.0735 0.0721 0.0708 0.0694 0.0681
-1.3 0.0968 0.0951 0.0934 0.0918 0.0901 0.0885 0.0869 0.0853 0.0838 0.0823
-1.2 0.1151 0.1131 0.1112 0.1093 0.1075 0.1056 0.1038 0.1020 0.1003 0.0985
-1.1 0.1357 0.1335 0.1314 0.1292 0.1271 0.1251 0.1230 0.1210 0.1190 0.1170
-1.0 0.1587 0.1562 0.1539 0.1515 0.1492 0.1469 0.1446 0.1423 0.1401 0.1379
-0.9 0.1841 0.1814 0.1788 0.1762 0.1736 0.1711 0.1685 0.1660 0.1635 0.1611
-0.8 0.2119 0.2090 0.2061 0.2033 0.2005 0.1977 0.1949 0.1922 0.1894 0.1867
-0.7 0.2420 0.2389 0.2358 0.2327 0.2296 0.2266 0.2236 0.2206 0.2177 0.2148
-0.6 0.2743 0.2709 0.2676 0.2643 0.2611 0.2578 0.2546 0.2514 0.2483 0.2451
-0.5 0.3085 0.3050 0.3015 0.2981 0.2946 0.2912 0.2877 0.2843 0.2810 0.2776
-0.4 0.3446 0.3409 0.3372 0.3336 0.3300 0.3264 0.3228 0.3192 0.3156 0.3121
-0.3 0.3821 0.3783 0.3745 0.3707 0.3669 0.3632 0.3594 0.3557 0.3520 0.3483
-0.2 0.4207 0.4168 0.4129 0.4090 0.4052 0.4013 0.3974 0.3936 0.3897 0.3859
-0.1 0.4602 0.4562 0.4522 0.4483 0.4443 0.4404 0.4364 0.4325 0.4286 0.4247
0.0 0.5000 0.4960 0.4920 0.4880 0.4840 0.4801 0.4761 0.4721 0.4681 0.4641
Standard Normal Cumulative Probability Table
Cumulative probabilities for POSITIVE z-values are shown in the following table:
z 0.00 0.01 0.02 0.03 0.04 0.05 0.06 0.07 0.08 0.09
0.0 0.5000 0.5040 0.5080 0.5120 0.5160 0.5199 0.5239 0.5279 0.5319 0.5359
0.1 0.5398 0.5438 0.5478 0.5517 0.5557 0.5596 0.5636 0.5675 0.5714 0.5753
0.2 0.5793 0.5832 0.5871 0.5910 0.5948 0.5987 0.6026 0.6064 0.6103 0.6141
0.3 0.6179 0.6217 0.6255 0.6293 0.6331 0.6368 0.6406 0.6443 0.6480 0.6517
0.4 0.6554 0.6591 0.6628 0.6664 0.6700 0.6736 0.6772 0.6808 0.6844 0.6879
0.5 0.6915 0.6950 0.6985 0.7019 0.7054 0.7088 0.7123 0.7157 0.7190 0.7224
0.6 0.7257 0.7291 0.7324 0.7357 0.7389 0.7422 0.7454 0.7486 0.7517 0.7549
0.7 0.7580 0.7611 0.7642 0.7673 0.7704 0.7734 0.7764 0.7794 0.7823 0.7852
0.8 0.7881 0.7910 0.7939 0.7967 0.7995 0.8023 0.8051 0.8078 0.8106 0.8133
0.9 0.8159 0.8186 0.8212 0.8238 0.8264 0.8289 0.8315 0.8340 0.8365 0.8389
1.0 0.8413 0.8438 0.8461 0.8485 0.8508 0.8531 0.8554 0.8577 0.8599 0.8621
1.1 0.8643 0.8665 0.8686 0.8708 0.8729 0.8749 0.8770 0.8790 0.8810 0.8830
1.2 0.8849 0.8869 0.8888 0.8907 0.8925 0.8944 0.8962 0.8980 0.8997 0.9015
1.3 0.9032 0.9049 0.9066 0.9082 0.9099 0.9115 0.9131 0.9147 0.9162 0.9177
1.4 0.9192 0.9207 0.9222 0.9236 0.9251 0.9265 0.9279 0.9292 0.9306 0.9319
1.5 0.9332 0.9345 0.9357 0.9370 0.9382 0.9394 0.9406 0.9418 0.9429 0.9441
1.6 0.9452 0.9463 0.9474 0.9484 0.9495 0.9505 0.9515 0.9525 0.9535 0.9545
1.7 0.9554 0.9564 0.9573 0.9582 0.9591 0.9599 0.9608 0.9616 0.9625 0.9633
1.8 0.9641 0.9649 0.9656 0.9664 0.9671 0.9678 0.9686 0.9693 0.9699 0.9706
1.9 0.9713 0.9719 0.9726 0.9732 0.9738 0.9744 0.9750 0.9756 0.9761 0.9767
2.0 0.9772 0.9778 0.9783 0.9788 0.9793 0.9798 0.9803 0.9808 0.9812 0.9817
2.1 0.9821 0.9826 0.9830 0.9834 0.9838 0.9842 0.9846 0.9850 0.9854 0.9857
2.2 0.9861 0.9864 0.9868 0.9871 0.9875 0.9878 0.9881 0.9884 0.9887 0.9890
2.3 0.9893 0.9896 0.9898 0.9901 0.9904 0.9906 0.9909 0.9911 0.9913 0.9916
2.4 0.9918 0.9920 0.9922 0.9925 0.9927 0.9929 0.9931 0.9932 0.9934 0.9936
2.5 0.9938 0.9940 0.9941 0.9943 0.9945 0.9946 0.9948 0.9949 0.9951 0.9952
2.6 0.9953 0.9955 0.9956 0.9957 0.9959 0.9960 0.9961 0.9962 0.9963 0.9964
2.7 0.9965 0.9966 0.9967 0.9968 0.9969 0.9970 0.9971 0.9972 0.9973 0.9974
2.8 0.9974 0.9975 0.9976 0.9977 0.9977 0.9978 0.9979 0.9979 0.9980 0.9981
2.9 0.9981 0.9982 0.9982 0.9983 0.9984 0.9984 0.9985 0.9985 0.9986 0.9986
3.0 0.9987 0.9987 0.9987 0.9988 0.9988 0.9989 0.9989 0.9989 0.9990 0.9990
3.1 0.9990 0.9991 0.9991 0.9991 0.9992 0.9992 0.9992 0.9992 0.9993 0.9993
3.2 0.9993 0.9993 0.9994 0.9994 0.9994 0.9994 0.9994 0.9995 0.9995 0.9995
3.3 0.9995 0.9995 0.9995 0.9996 0.9996 0.9996 0.9996 0.9996 0.9996 0.9997
3.4 0.9997 0.9997 0.9997 0.9997 0.9997 0.9997 0.9997 0.9997 0.9997 0.9998