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Question 1 -

Visit the Australian Stock Exchange website, and from "Prices and research" drop-down menu, select "Company information". Type in the ASX code "COH" (Cochlear Limited), and find out details about the company. Also, type in the ASX code "RHC" (Ramsay Health Care Limited), and find out the details about that company. Both these companies trade in healthcare sector. Information available in the ASX website will be inadequate for your purpose, you will need to search the internet for more information. Your task will be to get the opening prices of COH and RHC shares for every quarter from January 2006 to December 2016 (unadjusted prices). If you are retrieving the monthly prices, read the values in the beginning of every Quarter (January, April, July, October) for every year from 2006 to 2016. To provide you with some guidance as to what the unadjusted prices look like, two charts accompany this question obtained from ANZ Share Investing, Australia. After you have researched share prices and healthcare sector, answer the following questions:

(a) List all the quarterly opening price values in two tables, one for COH and the other for RHC. Then construct a stem-and-leaf display with one stem value in the middle, and COH leaves on the right side and RHC leaves on the left side. (Must use EXCEL or similar for the plot.)

(b) Construct a relative frequency histogram for COH and a frequency polygon for RHC on the same graph with equal class widths, the first class being "$0 to less than $10". Use two different colours for COH and RHC. Graph must be done in EXCEL or similar software.

(c) For sector comparisons, draw a bar chart of annual dividends in 2016 (in Australian cents) of the following companies in healthcare sector listed in ASX: COH, RHC, SHL, RMD, SRX, ANN and CSL.  Graphing must be done in EXCEL or with similar software.

(d) What proportion of stock prices (quarterly opening values) were above $60 for each of COH and RHC?

142_Figure.png

(Note: Use only the original values of share prices and not adjusted values.)

Question 2 -

There are four major supermarkets and grocery chains in Australia, which are Woolworths Ltd with a market share of 33.6% and brand names Woolworths, Safeway and Thomas Dux; Wesfarmers Ltd with a market share of 29.3% and brand names Coles and Bi-Lo; ALDI Stores Supermarket Pty Ltd with a market share of 8.9% and brand name ALDI; and Metcash Ltd with a market share of 7.1% and brand names IGA and Foodland. Details about these companies can be found in the Website IBISworld. The following table provides the percent changes in sales revenue for each of these companies from the previous financial year. From the data answer the questions below for the supermarkets. (Website accessed on 22 February 2017.)

Annual percentage change in sales revenue

Year

Woolworths

Wesfarmers

ALDI

Metcash

2007-08

9.29

12.90



2008-09

4.48

-3.00


3.35

2009-10

3.45

-8.50

5.50

8.73

2010-11

6.82

5.84

7.00

4.77

2011-12

0.83

5.83

9.00

7.07

2012-13

6.10

5.30

19.00

2.20

2013-14

3.00

4.30

12.00

-1.10

2014-15

3.30

5.60

14.30

0.70

2015-16

-0.30

6.00

25.00

0.30

 (a) Compute the mean, median, first quartile, and third quartile of revenue changes for each supermarket (with only the data provided in the table, do not add or change anything in the table) using the exact position, (n+1)f, where n is the number of observations and f the relevant fraction for the quartile.

(b) Compute the standard deviation, range and coefficient of variation from the data in the table for each supermarket.

(c) Draw a box and whisker plot for the percent changes of each supermarket and put them side by side on one graph with the same scale so that the percent changes can be compared. (This graph must be done in EXCEL or similar software and cannot be hand-drawn.)

(d) Visit the IBISworld website and identify at least three other supermarket and grocery chains in Australia and quote the market share of each.

Question 3 -

The Table below is taken from the Australian Government's Department of Health. It provides data on mental health workforce distribution in Australia by States and Profession. The data is taken from the website Australian Government's Department of Health. In the table FTE stands for full-time equivalent, MHN for mental health nurse, OT for occupational therapist, MHW for mental health worker and HW for health worker.

Based on the information available in the table above and the fact that total number of mental health workers in WA, VIC, TAS, QLD, SA, NT and NSW were at the time 28 000, 66 000, 7 500, 51 000, 21 000, 2 000 and 76 000, respectively, answer the questions below:

(a) If a mental health worker is randomly selected in Australia, what is the probability that she or he is a social worker?

(b) If a mental health worker is randomly selected in Australia, what is the probability that she or he is a clinical psychologist and located in Tasmania?

(c) Given that the mental health worker is located in South Australia, what is the probability that she or he is an occupational therapist?

(d) What percentage of psychologists live in either New South Wales or Victoria?            

Question 4 -

(a) The following data collected from the Australian Bureau of Meteorology Website gives the daily rainfall data (includes all forms of precipitation such as rain, drizzle, hail and snow) for the year 2016 in Perth, Western Australia. The zero values indicate no rainfall and the left-most column gives the date. Assuming that the weekly rainfall event (number of days in a week with rainfall) follows a Poisson distribution (There are 52 weeks in a year and a week is assumed to start from Monday. The first week starts from 4 January 2016 - you are expected to visit the website and get the daily values which are not given in the table below. Part of the 52nd week runs into 2017.):

(i) What is the probability that on any given week in a year there would be no rainfall?

(ii) What is the probability that there will be 2 or more days of rainfall in a week?

(b) Assuming that the weekly total amount of rainfall (in mm) from the data provided in part (a) has a normal distribution, compute the mean and standard deviation of weekly totals.

(i) What is the probability that in a given week there will be between 10mm and 20mm of rainfall?

(ii) What is the amount of rainfall if only 15% of the weeks have that amount of rainfall or higher?

Question 5 -

The following data is taken from the UCI machine learning data repository. It lists the number of bikes rented (Count) as recorded by Capital Bikeshare System, Washington D.C. and the weather conditions (1 = clear or partly cloudy, 2 = misty, 3 = light snow or light rain, and 4 = heavy rain and/or thunderstorm). The table is a subset of 200 instances of the dataset - use only the values provided in the table and do not bring in additional instances from the website to answer the questions below.

(a) Test for normality of the variables Temperature, Humidity and Windspeed separately using normal probability plot.

(b) Construct a 95% confidence interval for each of the variables in part (a).

(c) Test the hypothesis that less bikes are rented when the weather condition is 3 or 4 compared to the weather condition 1 or 2. Use 1% level of significance.

Weather

Temperature (0C)

Humidity (%)

Windspeed (km/hr)

Count

2

14.1

80.6

10.7

985

2

14.9

69.6

16.7

801

1

8.1

43.7

16.6

1349

1

8.2

59.0

10.7

1562

1

9.3

43.7

12.5

1600

1

8.4

51.8

6.0

1606

2

8.1

49.9

11.3

1510

2

6.8

53.6

17.9

959

1

5.7

43.4

24.3

822

1

6.2

48.3

15.0

1321

2

6.9

68.6

8.2

1263

1

7.1

60.0

20.4

1162

1

6.8

47.0

20.2

1406

1

6.6

53.8

8.5

1421

2

9.6

49.9

10.6

1248

1

9.5

48.4

12.6

1204

2

7.2

53.8

13.0

1000

2

8.9

86.2

9.8

683

2

12.0

74.2

14.0

1650

2

10.7

53.8

13.1

1927

1

7.3

45.7

23.7

1543

1

2.4

40.0

11.5

981

1

4.0

43.7

16.5

986

1

4.0

49.2

10.6

1416

2

9.2

61.7

8.7

1985

3

8.9

86.3

19.7

506

1

8.0

68.8

7.6

431

2

8.3

79.3

8.3

1167

1

10.7

55.1

22.9

1872

1

12.0

42.1

8.1

2133

2

12.1

77.5

14.8

1891

3

16.0

0.0

17.5

623

1

13.5

59.5

14.8

2132

1

15.8

52.7

18.1

2417

1

13.3

49.7

9.2

2046

2

13.0

65.6

12.3

2056

3

11.0

91.8

14.6

1685

2

12.3

68.6

17.3

2227

2

12.9

65.4

13.2

2252

2

16.9

81.9

16.8

2162

1

19.2

54.0

7.4

3267

1

18.3

67.1

15.2

3126

3

17.7

88.8

22.8

795

1

18.7

48.0

20.3

3744

1

21.0

54.3

11.0

3429

2

20.7

66.6

10.6

3204

1

24.4

61.4

16.2

3944

1

18.8

40.7

21.8

4189

2

13.8

73.0

14.7

1683

2

31.3

67.7

13.9

3974

1

29.3

30.5

19.6

4968

1

25.4

35.4

17.0

5312

1

26.0

45.6

8.3

5342

2

26.6

65.3

9.3

4906

1

27.8

60.0

8.2

4548

1

29.0

59.8

12.6

4833

1

31.8

62.2

9.2

4401

2

33.1

56.8

10.0

3915

2

25.8

68.8

13.8

3767

1

26.6

73.6

9.6

4844

1

28.6

67.0

8.0

5119

2

28.7

66.7

6.8

4744

2

26.0

74.6

10.4

4010

2

27.9

77.0

11.5

4835

1

30.1

70.8

11.5

4507

2

29.9

70.3

16.0

4790

1

29.7

57.3

14.9

4991

1

29.0

56.2

20.4

4334

1

26.1

55.5

10.7

4634

1

26.2

54.8

8.4

5204

1

26.9

59.8

5.6

5058

1

26.9

63.9

9.5

5115

2

26.4

72.7

9.4

4727

1

27.4

71.7

12.4

4484

1

29.1

74.2

13.8

4940

2

27.6

79.0

14.3

3351

3

22.1

88.7

23.0

2710

3

24.6

91.7

6.5

1996

3

26.0

94.0

12.9

1842

2

26.7

89.8

8.3

3544

1

27.1

75.4

10.3

5345

1

26.8

71.4

7.7

5046

1

26.4

69.2

6.0

4713

1

26.7

71.3

9.5

4763

1

27.6

69.7

11.2

4785

1

20.9

68.4

1.5

4985

1

21.4

70.1

3.0

5409

1

22.2

72.8

4.3

5511

1

23.4

73.4

2.8

5117

2

23.2

80.9

9.6

4563

3

22.3

90.6

16.6

2416

2

24.2

89.7

9.5

2913

2

22.6

71.6

15.0

3644

1

20.8

48.3

17.3

5217

1

21.0

48.7

18.9

5041

1

21.9

58.0

11.8

4570

2

21.8

70.2

7.4

4748

3

22.2

89.5

16.3

2424

3

10.4

88.3

23.5

627

1

13.1

62.4

11.8

3331

1

13.9

70.3

7.1

3669

1

16.4

68.4

9.1

4068

1

15.5

71.9

5.5

4186

3

18.7

93.0

9.2

1817

2

14.0

57.6

20.5

3053

1

11.2

41.0

11.3

3392

1

13.5

50.2

15.0

3663

2

19.0

68.5

12.5

3520

3

18.3

91.0

9.2

2765

3

17.1

96.3

8.0

1607

3

19.0

95.0

15.6

2594

3

16.8

97.0

17.8

705

1

10.9

58.0

16.1

3322

1

11.9

69.6

5.5

3620

1

11.3

50.8

15.6

3190

2

10.8

78.0

8.2

2832

2

10.9

68.8

11.8

2947

1

11.6

62.2

10.3

3784

1

14.5

49.6

9.9

4375

2

10.5

72.3

9.0

2802

1

10.9

56.2

13.0

3830

2

11.5

54.0

7.8

3831

3

9.2

73.1

19.4

2169

1

5.2

46.5

27.4

1529

1

9.1

41.1

11.2

3422

2

13.1

50.9

9.5

3922

1

14.3

53.1

12.2

4169

2

13.0

75.3

6.1

3005

1

11.8

35.0

15.1

4118

1

14.8

47.7

14.9

4911

1

19.1

48.9

13.9

5298

1

23.2

61.8

15.9

5847

1

23.5

50.7

7.7

6312

1

22.9

58.0

10.0

6192

2

17.9

84.2

7.6

4378

2

21.1

75.6

7.4

7836

2

19.4

81.0

8.5

5892

1

22.3

72.9

10.9

6153

1

23.0

80.8

8.1

6093

2

21.8

82.1

6.0

6230

1

22.7

83.1

7.9

6871

2

24.7

69.4

7.8

8362

2

20.6

88.5

12.9

3372

2

17.9

88.1

14.8

4996

1

18.3

47.8

25.9

5558

1

13.3

29.0

12.5

5102

1

19.9

48.1

19.5

5698

1

20.3

43.9

21.4

6133

2

15.2

58.1

9.3

5459

2

17.4

73.8

16.8

6235

2

17.5

67.6

11.5

6041

1

17.8

50.4

20.9

5936

1

23.4

68.3

19.0

6624

3

16.3

83.5

23.1

1027

2

13.2

76.7

20.3

3214

1

16.9

45.4

16.7

5633

1

19.5

42.8

8.0

6196

2

20.4

75.7

11.8

5026

1

18.8

40.1

23.3

6233

2

15.4

49.0

8.7

4220

1

33.6

50.6

7.7

6786

1

32.5

57.7

9.2

5713

1

31.6

60.0

11.1

6591

2

27.3

84.4

14.0

5870

3

24.4

86.5

14.3

4459

2

27.4

76.3

6.3

7410

1

30.4

69.4

9.3

6966

1

30.8

65.5

14.2

7592

1

31.0

61.3

10.5

6685

1

29.6

62.4

11.4

6597

1

30.0

66.9

10.3

7105

1

29.2

70.4

11.1

7216

1

29.4

67.8

9.5

7580

1

30.9

66.0

8.7

7261

2

31.4

64.3

14.5

7175

1

32.5

61.3

17.2

6824

1

31.5

65.3

19.5

5464

2

30.9

65.4

8.7

7013

2

30.2

70.4

7.8

7273

2

30.8

67.3

7.4

7534

1

21.6

58.3

9.0

6889

2

21.4

64.9

6.1

6778

3

24.2

87.2

7.0

4639

2

27.0

79.4

4.5

7572

2

27.0

72.3

7.9

7328

2

19.6

69.5

26.7

4459

3

18.0

88.0

24.0

22

2

13.0

82.5

14.3

1096

2

14.7

66.7

11.2

5566

2

15.0

58.2

10.5

5986

1

14.6

52.2

17.8

5847

2

14.1

49.1

18.1

5138

1

13.4

53.3

12.0

5107

1

13.1

49.4

15.8

5259

2

13.4

55.7

25.1

3623

1

10.9

44.1

27.3

1749

1

10.1

51.5

8.9

1787

2

9.5

79.1

5.2

920

2

11.9

73.5

11.3

1013

3

10.0

82.3

21.2

441

Attachment:- Assignment File.rar

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92307614

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