Statistics for Business and Economics
BUSF-SHU 101-002
Assignment 1
Points:
100 points total
Due date:
2020-FEB-27, 12:00PM China Standard Time
Submission instructions
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Submit files via Classes by the due date marked at the top. Acceptable file formats include
Word, pdf, pdf scans created from photos (I recommend the iPhone free app GeniusScan)
Include your name and NYU ID, there will be an automatic 5 point deduction if either of these
are missing
Make sure all handwriting is legible, if it can’t be read, no points will be awarded
Feel free to work in groups but you are responsible for submitting your own work
o If you do work with other students, list their names at the top of the assignment.
o Review the syllabus and undergraduate bulletin to familiarize yourself with NYU’s
academic integrity policy.
Textbook questions
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1.27 (20 points)
1.32 (20 points)
1.39 (20 points)
Obtaining data
Part 1
Watch the videos that your classmates made on Flipgrid (https://flipgrid.com/haaf). Choose a variable
that is available for a minimum of 5 students and record the student’s name and the associated variable
value in Excel. Recommendation: watch a handful of videos first to gauge what types of information are
available, select your variable, THEN watch all the videos while recording data.
Submit the file for credit. (15 points)
Example (there are only 3 students here, but you would need at least 5, more are encouraged):
Student name
Russel Sy
Jiaying Liang
Beca Zhang
Time recorded
12:47pm
9:26am
9:00am
Part 2
(5 points)
2a – What type of data collection method is this?
2b – Is the variable you selected to record quantitative or qualitative?
Excel
Part 1
(5 points)
Complete draws of “Sample 1 – simple random sample” (in class activity)
Part 2
(15 points)
Write a formula in the cells in column N to draw Sample 2 according to the systematic sample
generation method.
Part 3 (extra credit)
(5 points)
Add formulas to complete the “Income” table in the Summary statics box (blank cells Q11:U13),
following the set up of the “Gender” and “Age” tables.