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QuantitativeMethods

DataSetsfordiscussion

1. Travel&Livingconductsanannualsurveyofsubscribersinordertodeterminethebestplaces
tostay.Thefollowingtableshowsasampleof9Europeanhotelsfromoneoftheirsurveys.The
overall score includes subscribers evaluation of each hotels rooms, service, restaurants,
location/atmosphere and public areas (a high score indicates high level of satisfaction). The
priceoftheroomvariesfrom$(lowest)to$$$$(highest).

Name of Property
Graveteye Manor
Villa d'Este
Hotel Prem
Hotel d'Europe
Palace Luzern
Royal Crescent
Hotel
Hotel Sacher
Duc de Bourgogne
Villa Gallici

Room
Rate
$$
$$$$
$
$$
$$

Country
England
Italy
Germany
France
Switzerland
England
Austria
Belgium
France

$$$
$$$
$
$$

Number
of
Rooms
18
166
54
47
326

Overall
Score
83.6
86.3
77.8
76.8
80.9

45
120
10
22

73.7
85.5
76.9
90.6


2. Allinonesoundsystems,calledminisystems,typicallyincludeanAM/FMtuner,adualcassette
tape deck,andaCDchangerinabooksizedbox with twoseparatespeakers.Thedatainthe
following table shows the retail price, sound quality, CD capacity, FM tuning selectivity and
sensitivity,andthenumberoftapedecksforasampleof10minisystems.

Price
($)
250

Brand & Model


Aiwa NSX-AJ800
JVC FS-SD1000

500

JVC MX-G50
Panasonic SCPM11
RCA RS 1283
Sharp CD-BA2600

200

Sony CHC-CL1
Sony MHC-NX1

300
500

Yamaha GX-505
Yamaha MCRE100

400

170
170
150

500

Sound
Quality
Good
Good
Very
Good

Fair
Good
Good
Very
Good
Good
Very
Good
Very
Good

Tape
Decks
2
0

3
5

Excellent
Very
Good
Poor
Good
Very
Good
Excellent

Excellent

Excellent

5
3
3

CD
FM
Capacity Tuning
3
Fair
Very
1
Good

2
1
0
2
1
2

3. Thefollowingdatashowsthepercentageofmusicsalesbythegenreofthemusicoveraperiod
of5years.

Type
Rock
Country
R&B
Pop
Rap
Gospel
Classical
Jazz
Other

1996
32.6
12.1
12.1
9.3
8.9
4.3
3.4
3.3
14.0

1997
32.5
11.2
11.2
9.4
10.1
4.5
2.8
2.8
15.5

1998
25.7
12.8
12.8
10.0
9.7
6.3
3.3
1.9
17.5

1999
25.2
10.8
10.5
10.3
10.8
5.1
3.5
3.0
20.8

2000
24.8
10.7
9.7
11.0
12.9
4.8
2.7
2.9
20.5

4. In alphabetical order the six most common last names in the United States are Brown, Davis,
Johnson,Jones,SmithandWilliams.Asampleof50individualsprovidesthefollowingdataon
theirlastnames.

S. No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25

Last Name
Brown
Smith
Davis
Johnson
Williams
Williams
Johnson
Jones
Davis
Jones
Williams
Jones
Smith
Smith
Davis
Johnson
Smith
Jones
Jones
Johnson
Williams
Smith
Brown
Smith
Johnson

S.No.
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50

Last
Name
Jones
Smith
Smith
Williams
Brown
Williams
Johnson
Williams
Johnson
Williams
Smith
Brown
Smith
Davis
Johnson
Brown
Smith
Johnson
Brown
Johnson
Brown
Jones
Davis
Smith
Davis

5. AsurveyonclientsatisfactionconductedbyaFinance&Bankingmajoraskstheclients(60in
number)toindicateonascaleof1to7(1=verydissatisfied,7=verysatisfied)howsatisfiedthey
arewiththeirfinancialconsultant.

S. No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

S. No.
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60

Rating
5
7
6
5
6
5
7
7
6
7
5
6
6
6
4
5
3
6
6
6
4
7
7
7
7
6
7
6
7
7

Rating
5
5
6
4
6
5
5
5
7
7
6
6
7
6
6
5
6
4
3
7
7
7
6
6
6
7
6
6
5
6

6. A.C.Nielsonshometechnologyreportprovidedinformationabouttechnologyanditsusageby
personsaged12andolder.Thefollowingdataarethehoursofpersonalcomputerusageduring
oneweekforasampleof50persons.

S.No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25

S.No.
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50

Hours
4.1
3.1
4.1
10.8
7.2
1.5
4.8
4.1
2.8
6.1
10.4
2.0
8.8
9.5
5.7
5.9
14.8
5.6
12.9
5.9
3.4
5.4
4.3
12.1
4.7

Hours
5.7
4.2
3.3
0.7
3.9
1.6
3.9
7.1
4.0
3.7
6.1
4.1
10.3
9.2
3.1
3.0
11.1
6.2
4.4
6.1
3.7
3.5
7.6
5.7
3.1

7. In a study of job satisfaction, a series of tests was administered to 50 subjects. The following
datawereobtained(wherehigherscoresrepresentgreaterdissatisfaction).

S. No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25

S. No.
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50

Score
87
73
65
46
76
69
92
84
67
61
77
76
58
88
71
78
92
46
70
64
59
85
74
69
41

Score
97
53
76
50
50
43
78
90
47
61
67
75
81
89
74
80
87
84
64
81
75
83
70
60
70

8. Thefollowingtableprovidesfinancial informationforasampleof36companieswhosestocks
trade on NYSE. The data on Sales/Margins/ROE are a composite rating based on a companys
salesgrowthrate,itsprofitmarginsanditsreturnonequity(ROE).EPSratingisameasureof
growthinearningspershareofthecompany.

Company
McDermott
Bowater PLC
NYMAGIC
Mattel
Atmos Engy
Goodyear
York Intl.
Reebok
Callaway Golf
Teco Energy
Hanson PLC
AlaskaAirGp
Nordstrom
Office Depot
US West
Praxair
Wachovia
Dole Food
Elec. Data Sys
Central Parking
ICN Pharm.
Payless Shoes
Fed. Dept. Stor.
Jefferson plt
Murphy Oil
Texaco
Advo
Gateway
Winnebago
Alliant Tech
Dean Foods
Kroger
Bnk of Am.
Safeway
Monaco
United Rental

EPS
Rating
6
14
17
18
21
21
28
31
46
49
57
58
58
58
60
62
69
70
72
76
76
76
79
80
80
80
81
82
83
84
84
84
87
91
97
98

Relative Price
Strength
6
46
45
20
9
9
14
72
62
48
32
17
57
40
65
32
36
54
69
18
56
59
21
38
62
31
74
68
49
22
7
24
38
61
21
12

Industry Group
Relative Strength
A
C
D
E
C
E
D
C
B
D
B
C
B
B
B
C
E
E
A
B
A
B
D
D
B
D
B
A
D
B
B
D
C
D
D
C

Sales/Margins/ROE
C
D
D
D
E
D
B
E
E
B
B
B
C
B
A
B
B
C
B
C
D
B
B
C
B
C
A
A
A
B
C
A
A
A
A
A

PE
Ratio
7
51
15
29
25
19
7
15
20
12
12
6
21
14
22
15
14
17
36
19
18
12
11
16
26
23
14
42
8
10
9
17
11
24
8
9

9. Astudyofjobsatisfactionwasconductedfor4occupations.Thejobsatisfactionwasmeasured
usingand18itemquestionnairewitheachquestionreceivingaresponsescoreof1to5(high
scoreindicatinghighersatisfaction).Thesumof18scoresprovidedasatisfactionscoreforeach
individualinthesample(total40innumber).

Satisfaction
Score

Observation

Lawyer
Physical
Therapist

42

21

86

22

42
55
38
79
44
41

23
24
25
26
27
28

9
10

Lawyer
Systems Analyst
Lawyer
Cabinetmaker
Lawyer
Systems Analyst
Physical
Therapist
Systems Analyst

55
66

29
30

11

Lawyer

53

31

12
13

65
74

32
33

52

34

Systems Analyst

62

15
16

Cabinetmaker
Lawyer
Physical
Therapist
Physical
Therapist
Systems Analyst

Systems Analyst
Physical
Therapist
Cabinetmaker
Cabinetmaker
Cabinetmaker
Systems Analyst
Systems Analyst
Physical
Therapist
Cabinetmaker
Physical
Therapist
Physical
Therapist
Cabinetmaker

78
44

35
36

45
84

17
18
19
20

Systems Analyst
Lawyer
Lawyer
Cabinetmaker

71
50
48
69

37
38
39
40

Lawyer
Cabinetmaker
Physical
Therapist
Systems Analyst
Cabinetmaker
Lawyer

Observation Occupation
1
2
3
4
5
6
7
8

14

Occupation
Physical
Therapist

Satisfaction
Score
80
64
55
64
59
54
76
60
59
78
60
50
79

62
73
60
64

10. Agoalofmanagementistohelptheircompanyearnasmuchaspossiblerelativetothecapital
invested. One measure of success is the return on equity (net income / stockholders equity).
ThefollowingtablesummarizestheROEpercentagesfor25firms.

S. No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25

RePercnt
9
19.6
22.9
41.6
11.4
15.8
52.7
17.3
12.3
5.1
17.3
31.1
9.6
8.6
11.2
12.8
12.2
14.5
9.2
16.6
5
30.3
14.7
19.2
6.2

10

11. Aninternetsurveyorganizationconductssurveysofsalarydataandpresentssummariesonits
website. The organization reported that the salaries of benefit managers ranged between
$50935to$79577.Thefollowingtablepresentsthedataofannualsalaries(in000dollars)from
asampleof30benefitmanagers.

S. No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

Salary
57.7
63
64.2
63
68.7
59.3
64.4
64.7
63.3
66.7
63.8
69.5
62.1
61.2
62.2
60.3
59.2
61.7
59.1
66.8
61.2
74
60.3
58.9
71.1
61.8
59.4
62.8
56.6
63.1

11

12. BPOEMPLOYEEDATA
Table 1 shows the employee data collected for a Business Process Outsourcing (BPO) firm for the
annualappraisalofitsemployees.Theemployeedataiscollectedonsixvariables:Name,Gender,Date
ofBirth,PresentsalaryinUSdollars,BeginningSalaryinUSdollarsandthepreviousexperienceofthe
employeeinmonths.

TABLE -1 : BPO EMPLOYEE DATA

Name

Gender

Date of
Birth

Present
Salary

Beginning
Salary

Experience
in months

Akram
Rahman
Tine
Neelam
Arden
Adolf
Jack
Jill
Joey
Ramaya
Ramana
Suresh
Kadir
Kusum
Veer
Bosco
Dan
Dany
Roney
Rosy
Leela
Mathew
Karuna
Sabrina

M
M
F
F
M
M
M
F
F
F
F
M
M
F
M
M
M
M
M
F
F
M
F
F

3-Feb-1952
23-May-1958
26-Jul-1929
15-Apr-1947
9-Feb-1955
22-Aug-1958
26-Apr-1956
6-May-1966
23-Jan-1946
13-Feb-1946
7-Feb-1950
11-Jan-1966
17-Jul-1960
26-Feb-1949
29-Aug-1962
17-Nov-1964
18-Jul-1962
20-Mar-1956
19-Aug-1962
23-Jan-1940
19-Feb-1963
24-Sep-1940
15-Mar-1965
27-Mar-1933

$57,000
$40,200
$21,450
$21,900
$45,000
$32,100
$36,000
$21,900
$27,900
$24,000
$30,300
$28,350
$27,750
$35,100
$27,300
$40,800
$46,000
$103,750
$42,300
$26,250
$38,850
$21,750
$24,000
$16,950

$27,000
$18,750
$12,000
$13,200
$21,000
$13,500
$18,750
$9,750
$12,750
$13,500
$16,500
$12,000
$14,250
$16,800
$13,500
$15,000
$14,250
$27,510
$14,250
$11,550
$15,000
$12,750
$11,100
$9,000

144
36
240
190
138
67
114
0
115
244
143
26
34
137
66
24
48
70
103
48
17
315
75
124

12

13. Table - 3 presents a company's data on revenue generated through each of its customers. The
table also provides information about the type of customer and the region and industry the each
customer belongs to. The variable description is provided at the bottom of the table.
Table -3 Revenue Data of a Company
id
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19

customer
1
1
2
2
2
1
2
1
1
2
2
2
2
2
2
2
2
1
2

Variable

revenue
$3,787
$1,734
$2,126
$2,259
$1,587
$0
$1,838
$1,847
$1,714
$1,718
$4,388
$3,155
$3,834
$2,291
$4,140
$2,194
$2,938
$3,313
$3,327

region
4
2
4
4
1
4
2
4
3
2
4
1
4
1
2
2
2
3
3

industry
1
2
1
2
1
3
1
1
3
3
1
2
1
2
2
3
1
2
3

id
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38

Description

id
customer

Customer Identification Number


Status of customer;
1 - Regular, 2 - Preferred

revenue
region

Revenue generated
Teritorry;
1 - North, 2 - South,
3 - East, 4 - West

industry

Industry
1 - Government, 2 - Commercial,
3 - Academics

13

customer
1
2
2
1
1
1
2
2
2
2
1
2
2
2
1
2
2
2
1

revenue
$1,449
$2,696
$3,272
$4,096
$4,340
$2,462
$3,630
$465
$1,871
$1,377
$3,797
$4,253
$3,057
$3,395
$1,387
$2,148
$2,205
$2,022
$2,738

region
3
1
2
1
2
4
3
4
1
4
2
1
2
4
4
1
4
2
3

industry
1
3
2
3
3
1
2
3
2
3
1
3
1
1
1
2
2
3
1

14. Demographical Data for Asian Countries

Table -2 represents the demographical data collected for 46 Asian countries in the year 2006-07 on 13 variables. The descriptions of the variables are provided at the bottom of the table

TABLE - 2: Demographical Data for Asian Countries


geoname
Bahrain

totpop

totmpop
301,659

Bangladesh

520,653
109,291,00
0

Bhutan

1,596,000

Brunei Darussalam

267,800

Cambodia
China

5,816,469
1,130,510,6
38

581,820,407

Georgia

5,400,841

2,562,040

Hong Kong

3,015,800

Indonesia

5,919,000
849,638,00
0
179,247,78
3

Iran

55,837,163

Iraq
Israel

India

Japan

totfpop

pop0_14

pop15_64

pop65p

mal0_14

mal15_64

mal65p

fml0_14

fml15_64

fml65p

218,994

164,849

344,117

11,687

84,620

210,775

6,264

80,229

133,342

5,423

56,381,000

52,910,000

47,854,000

61,437,000

24,366,000

32,015,000

23,488,000

29,422,000

141,300

126,500

92,300

168,100

7,400

47,600

89,900

3,800

44,700

78,200

3,600

2,909,138

2,907,331

2,637,078

3,031,984

147,407

1,332,565

1,504,903

71,670

1,304,513

75,737

548,690,231

313,001,854

754,515,392

62,993,392

162,863,598

390,295,692

28,661,117

150,138,256

1,527,081
364,219,70
0

2,838,801

1,338,474

3,584,418

477,949

682,327

1,721,616

158,097

656,147

1,862,802

319,852

2,903,200

1,184,400

4,192,900

541,700

615,100

2,159,000

241,700

569,300

300,000

440,455,000

409,183,000

305,868,000

509,041,000

34,729,000

157,952,000

265,082,000

17,421,000

147,916,000

2,033,900
243,959,00
0

89,375,677

89,872,106

65,690,343

106,801,919

6,751,106

33,733,081

52,497,717

3,142,674

31,957,262

54,304,202

3,608,432

28,768,450

27,068,713

24,723,874

29,164,731

1,890,193

12,669,898

14,996,642

1,065,753

12,053,976

14,168,089

824,440

17,250,267

8,864,163

8,386,104

7,678,074

8,984,018

588,175

3,942,808

4,639,396

281,959

3,735,266

4,344,622

306,216

5,123,500
124,451,93
8

2,543,000

2,580,500

1,550,200

3,094,800

478,600

795,400

1,537,300

210,000

754,900

1,556,900

268,400

61,095,667

63,356,271

21,364,031

86,845,460

16,242,447

10,954,261

43,547,265

6,594,141

10,409,770

43,298,195

9,648,306

34,332,275

17,308,000

Jordan

4,012,000

2,054,000

1,958,000

1,713,100

2,198,600

100,300

883,200

1,116,800

54,000

829,900

1,081,800

46,300

Kazakhstan
Korea Dem.
People's Rep.

16,721,113

8,115,857

8,605,256

5,247,906

10,474,265

998,942

2,659,586

5,158,149

298,122

2,588,320

5,316,116

700,820

23,048,000

Korea, Republic of

43,663,405

21,978,677

21,684,728

10,832,386

30,547,617

2,283,402

5,653,647

15,473,943

851,087

5,178,739

15,073,674

1,432,315

Kuwait

2,142,600

1,210,575

932,025

784,214

1,332,575

25,811

395,767

801,693

13,115

388,447

530,882

12,696

Kyrgyzstan

4,451,824

2,183,079

2,268,745

1,673,654

2,550,132

228,038

847,384

1,258,922

76,773

826,270

1,291,210

151,265

Lebanon

2,126,325

1,080,015

1,046,310

906,450

1,112,010

107,865

463,410

562,635

53,970

443,040

549,375

53,895

Malaysia

18,180,853

9,164,113

9,016,740

6,658,266

10,808,849

713,738

3,425,941

5,408,738

329,434

3,232,325

5,400,111

384,304

Maldives

238,363

122,045

116,318

111,571

119,737

7,055

57,058

60,759

4,228

54,513

58,978

2,827

Mongolia

2,043,400

855,000

1,105,400

83,000

Myanmar

38,541,119

19,107,650

19,433,469

14,380,355

22,669,755

1,491,009

7,178,126

11,207,019

722,505

7,202,229

11,462,736

768,504

Nepal

17,143,503

8,819,688

8,323,815

7,243,898

9,384,548

515,057

3,775,488

4,774,006

270,194

3,468,410

4,610,542

244,863

14

Oman

2,017,591

Pakistan

84,253,644

44,232,677

40,020,967

37,516,634

43,175,890

3,561,120

19,392,174

22,794,185

2,046,318

18,124,460

20,381,705

1,514,802

Papua New Guinea

3,727,250

1,928,120

1,799,130

1,504,560

2,131,510

91,180

770,260

1,110,780

47,080

734,300

1,020,730

44,100

Philippines

62,868,212

31,585,390

31,282,822

24,036,287

36,642,221

2,189,704

12,285,909

18,296,395

1,003,086

11,750,378

18,345,826

1,186,618

Qatar

247,852

121,227

102,452

262,764

3,770

52,610

192,980

2,189

49,842

69,784

1,581

Russian Federation

369,079
148,310,17
4

69,562,474

78,747,700

33,314,753

98,913,416

16,082,005

16,960,599

48,099,915

4,501,960

16,354,154

50,813,501

11,580,045

Saudi Arabia

17,119,000

Singapore

2,873,800

1,449,900

1,423,900

663,000

2,024,700

186,100

343,300

1,022,800

83,800

319,700

1,001,900

102,300

Sri Lanka

17,619,000

8,981,000

8,638,000

6,203,000

10,655,000

761,000

3,160,000

5,419,000

402,000

3,043,000

5,236,000

359,000

Syrian Arab Rep.

13,393,000

6,842,000

6,551,000

6,590,000

6,217,000

586,000

3,411,000

3,136,000

295,000

3,179,000

3,081,000

291,000

Taiwan

20,878,000

Tajikistan

5,092,603

2,530,245

2,562,358

2,186,585

2,712,536

191,908

1,107,418

1,347,734

74,177

1,079,167

1,364,802

117,731

Thailand

57,760,000

28,948,000

28,812,000

18,069,000

37,340,000

2,351,000

9,179,000

18,717,000

1,052,000

8,890,000

18,623,000

1,299,000

Turkmenistan
United Arab
Emirates

3,522,717

1,735,179

1,787,538

1,428,405

1,962,581

131,731

721,422

967,912

45,845

706,983

994,669

85,886

862,000

613,700

248,300

227,100

621,400

13,500

119,100

486,900

7,700

108,000

134,500

5,800

Uzbekistan

19,810,077

9,784,156

10,025,921

8,083,202

10,922,650

803,864

4,088,211

5,412,404

283,370

3,994,991

5,510,246

520,494

Yemen

12,301,970

6,104,940

6,197,030

6,377,230

5,551,700

373,040

3,264,600

2,662,340

178,000

3,112,630

2,889,360

195,040

Afghanistan

15,513,267

7,962,397

7,550,870

7,146,575

7,791,404

575,288

3,610,630

4,014,894

336,873

3,535,945

3,776,510

238,415

Vietnam

64,375,762

31,230,737

33,145,025

25,222,598

36,112,508

3,034,303

12,914,427

17,109,546

1,203,212

12,308,171

19,002,962

1,831,091

Laos

2,962,000

1,499,000

1,463,000

1,236,000

1,649,000

77,000

625,000

836,000

38,000

611,000

813,000

39,000

Variable Lable

Description

Variable
Lable

totpop

Country
Name
Total
Population
Total Male
Polulation

pop15_64

totmpop

fml15_64

fml0_14

Female
Population
between 014
years of age

fml65p

Female
Population
more than
65 years of
age

geoname

totfpop
pop0_14

Variable
Lable

Description
Total Female Polulaton
Population between 0-14 years of age
Population between 15-64 years of age

Female Population between


15-64 years of age

15

pop65p

Population more than 65 years of age

mal0_14

Male Population between 0-14 years of age

mal15_64

Male Population between 15-64 years of age

mal65p

Description

Male Population more than 65 years of age