NMIMS September 2018 Assignments: Contact us for solutions at assignmentssolution@gmail.com

Business Statistics
NMIMS September 2018 solved assignments: Contact us at assignmentssolution@gmail.com

Team Revenue (USD Mn.) Valuation (USD Mn.)
Atlanta 103 306
Boston 144 433
Charlotte 96 278
Chicago 168 511
Cleveland 159 476
Dallas 154 446
Denver 115 321
Detroit 171 479
Golden State 113 315
Houston 160 470
Indiana 97 281
Los Angeles Clippers 102 295
Los Angeles Lakers 209 607
Memphis 88 257
Miami 126 364
Milwaukee 91 254
Minnesota 96 268
New Jersey 92 269
New Orleans 95 267
New York 202 586
Oklahoma City 111 310
Orlando 107 361
Philadelphia 115 344
Phoenix 148 429
Portland 121 338
Sacramento 109 305
San Antonio 133 398
Toronto 133 386
Utah 118 343
Washington 110 313

1. For the data on revenue and valuation of teams in the National Basketball Association (NBA), conduct the following analysis:
i. Determine the measures of central tendency and of dispersion for revenue and valuation.
ii. Provide the five-number summary i.e. the minimum, 1st quartile, median, 3rd quartile and maximum value for revenue. Interpret the above results and comment on how the data is distributed. (10 Marks)

2. For the same data on NBA revenue and valuation given above:
i. Is there a strong association between revenue and valuation?
ii. Create a scatterplot diagram depicting the association between the two variables.
iii. The franchise owners want to understand if the valuation is dependent on revenue. How can you assess this?
iv. Using the regression equation, predict the valuation of a team whose revenue was USD 300 mn. (10 Marks)

3. There are 300 students in an online MBA program for working professionals, for whom the attendance in online classes is 70%, i.e. on an average, 210 students are present in an online session. Fifty new students are admitted in this batch.
a. What is the probability of attendance being at least 70% among the new students, thus ensuring the overall attendance does not fall below 70%? (5 Marks)
b. The Program Dean thinks that this probability will increase, if the new batch size is 40 instead of 50 students. Is he right in assuming so? (5 Marks)
NMIMS September 2018 solved assignments: Contact us at assignmentssolution@gmail.com