IE 3301 PROJECT
Fall 2020
Due Wednesday, December 2 by 11:59pm via Canvas
 
 
Project submission is individual and should not be shared with other classmates. Any form of copying and pasting from other sources and projects will be reported to the UT Arlington Office of Student Conduct.
 
Aim: The overall aim of these projects is to analyze real-world data.  The specific objectives are:
 

1. To sample two sets of data from the real-world.
2. To summarize each set of data statistically.
3. To perform statistical chi-square tests on each set of data.
4. To describe the above steps, data, and results in a report.

 
On the cover of each Project Part report, please transcribe the following statement:
 
“I _________________ did not give or receive any assistance on this project, and the report submitted is wholly my own.”
 
Write your name in the blank and sign below it. You may use an electronic signature, such as Adobe Sign.
 
Tasks for Part 1
 
Data Collection: Students will collect two sets of data from the real world. Set 1 will be collected from a large number of observations (at least 100) for a continuous random variable from a population that is suspected to be Normally distributed. Examples of such data include the body weight of adult males, the circumferences of oranges, the extension length of rubber bands at the point at which they burst, etc. Set 2 will be the inter-arrival time of a sequence of 100 or more events.  First, record the actual clock time (to the nearest second, e.g. 2:43:18pm) of each of at least 100 consecutive events, such as the actual time that a customer enters the post office. Then, determine the interval between occurrences by taking the difference between successive event times.  Consequently, Set 2 will comprise of at least 99 inter-arrival times. You may use ‘second’ as a unit of time.
 
Descriptive Statistics: For both Sets 1 and 2, use software to do the following:

• Calculate the sample mean and sample standard deviation.
• Calculate the quartiles Q1, Q2, and Q3.
• Construct a box-and-whisker plot.
• Construct a frequency table.
• Construct a frequency histogram.

 
Report: The project report is to be typewritten in clear English with complete sentences. Be sure to define all notations and include descriptions of all tables and figures in the text.  To improve your writing, you should consider taking your report to the UTA Writing Center. Your report should include a cover page, the following sections, and two appendices:

1. Data. Describe the data collection process for Sets 1 and 2 with enough detail that the reader could replicate the process.  Appendices I and II should include tables of your raw data for Sets 1 and 2, respectively.  The raw data for Set 2 should consist of the recorded actual clock times.
2. Descriptive Statistics: Include and explain your descriptive statistics analysis. Interpret the results of the analysis using your data application topic.  Does Set 1 appear to follow a Normal Distribution?  Does Set 2 appear to follow an Exponential Distribution?

 
 
Tasks for Part II
 
Chi-Square Goodness-of-Fit Test: Using a Chi-Square Goodness of Fit Test with a significance level of 0.05, test the hypothesis that Set 1 is sampled from a Normal Distribution with a population mean equal to the sample mean and a population standard deviation equal to the sample standard deviation. Similarly, test the hypothesis with a significance level of 0.05 that Set 2 is sampled from an Exponential Distribution with a population mean equal to the sample mean. For each test, start with the data classes from your histogram and merge them to ensure each class has a sufficient number of observations. Then, for each data class, calculate the following:

• Numbers of observations in the data.
• Class probability.
• Class expected value.
• Chi-square component values.

Finally, for each test, calculate the chi-square value, describe the degrees of freedom, and explain your conclusion.
 
EXAMPLE SETUP

 
Report: The project report is to be typewritten in clear English with complete sentences. Be sure to define all notations and include descriptions of all tables and figures in the text.  To improve your writing, you should consider taking your report to the UTA Writing Center. Your report should include a cover page and the following additional section:
Goodness-of-Fit Tests: Describe the chi-square tests with tables for the calculated values and clearly stated conclusions.  Show the Excel formulas for your table calculations in an Appendix.

Use the Internet or Basic Search: Strayer University Online Library to research articles on hypothesis testing and its application in business. Choose one company or organization that used a hypothesis testing technique for its business process (for example, whether providing flexible work hours improves employee productivity.) Give your opinion as to whether use of such a technique improved business process for the selected company or organization. Justify your response.