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Eco452 2021 1

The document outlines the examination details for the course 'Applied Statistics' at the National Open University of Nigeria, including instructions to answer any three questions. It includes questions on Two-Way Analysis of Variance, hypothesis testing, multiple regression analysis, and time series components. The examination consists of various statistical problems and calculations related to fertilizers, pesticides, and cable breaking strengths.

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0 views2 pages

Eco452 2021 1

The document outlines the examination details for the course 'Applied Statistics' at the National Open University of Nigeria, including instructions to answer any three questions. It includes questions on Two-Way Analysis of Variance, hypothesis testing, multiple regression analysis, and time series components. The examination consists of various statistical problems and calculations related to fertilizers, pesticides, and cable breaking strengths.

Uploaded by

oladeleibrahim007
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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NATIONAL OPEN UNIVERSITY OF NIGERIA


FACULTY OF SOCIAL SCIENCES 1234

DEPARTMENT OF ECONOMICS
2021_1 EXAMINATION

COURSE TITLE:APPLIED STATISTICS


COURSE CODE: ECO 452
UNITS: 2
TIME ALLOWED: 2HOURS
INSTRUCTION: ANSWER ANY THREE QUESTIONS
1. (a) What is Two-Way Analysis of Variance? 2Marks

(b) Table 1 gives the outputs of an experimental farm that used each of four fertilizers and
three pesticides such that each plot of land had an equal probability of receiving each fertilizer-
pesticide combination (completely randomized design).
Table 1: Output with 4 Fertilizers and 3 Pesticides
Fertilizer 1 Fertilizer 2 Fertilizer 3 Fertilizer 4
Pesticide 1 21 12 9 6
Pesticide 2 13 10 8 5
Pesticide 3 8 8 7 1

(i) Find the average output for each fertilizer X j for each pesticide X i . and for the sample as a
whole X . (2Marks)

(ii) Find the total sum of squares, SST, the sum of squares for fertilizer or factor A, SSC, for
pesticides or factor B, SSR, and for the error or unexplained residual, SSE. 3Marks
(iii) Find the degrees of freedom for SSC, SSR, SSE, and SST. 3Marks
(iv) Find MSC, MSR, MSE, MSC/MSE, and MSR/MSE.3Marks
(v) From the results, construct an ANOVA Table. 4Marks (for correctly filled Table)
(vi) Test at the 1% level of significance the hypothesis that the means for factor A populations
(fertilizers) are identical. 3Marks
(vii) Test at the 1% level of significance the hypothesis that the means for factor B populations
(pesticides) are identical.3.3Marks
23.3 Marks
2a. Define hypothesis testing and highlight the procedures for hypothesis testing. 9Marks
2b. Highlight five Significances of Statistics in Social Sciences. 5Marks
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2c.The breaking strengths of cables produced by a manufacturer have a mean of 1800 pounds
and a standard deviation of 100pounds. By a new technique in the manufacturing process, it is
claimed that the breaking strength can be increased. To test this claim, a sample of 50 cables is
tested and it is found that the mean breaking strength is 1850 pounds. Can we support the claim
at the 0.01 significance level? Note: Z-tabulated at 0.01 is 2.33. 9.3Marks
23.3 Marks
3.aWhat do you understand by multiple regression analysis?3Marks
3b.Highlight the assumptions of multiple regression you know.9Marks
3c. Table 2 contains observations on the quantity demanded (Y) of a certain commodity, its price
(X1) and consumers’ income (X2). Compute the fitted linear regression (that is, estimate the
values for the parameters) 11.3Marks
Table 2: Quantity demanded, price and income
n Y (quantity demanded) X1 (price) X2 (Income)
1 100 5 1000
2 75 7 600
3 80 6 1200
4 70 6 500
5 50 8 300
6 65 7 400
7 90 5 1300
8 100 4 1100
9 110 3 1300
10 60 9 300
23.3 Marks

4.a Define Time series.3.3 Marks


4b. Itemize and discuss the Components of Time Series you know: 20Marks (with detailed
explanations)

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