ACKNOWLEGEMENT

I have taken efforts in this project. However, it would not have been possible
without the kind support and help of our instructor Mr.Syed Anwer Husnain. I
would like to extend our sincere thanks to him, because this project has Broaden
our view in Statistical tools.
I am highly indebted to Two Petroleum companies for their guidance and as well
as for providing necessary information regarding the project.
I would like to express my gratitude towards my parents for their kind co-operation
and encouragement which help us in completion of this project.
We would also like to thank
Al-Shakoor Petroleum Ans Mehar Group of Petroleum.

Al-Shakoor petroleum History

History:ThefounderofAlShakoorpetroleumisMr.AbdulShakoor.ItwasstartedinAugust
2005.ItdealswithCaltexpetrolanddiesel.ItislocatedatAirPortroadSialkot.Caltexbeganin
1936astheCaliforniaTexasOilCompany,ajointventurebetweenTheTexasCompany(later
namedTexaco)andStandardOilofCalifornia(laternamedChevron).ItwasrenamedCaltex
PetroleumCorporationin1968.Thetwoparentcompaniesmergedin2001toform
ChevronTexaco(renamedChevronin2005)andCaltexremainsoneofitsmajorinternational
brandnames.Thetwoparentcompaniesmergedin2001toformChevronTexacoandCaltex
remainsoneofitsmajorinternationalbrandnames.

Company Address:

ItislocatedatAirPortroadSialkot.

Mehar Group Of Petroleum

History:
The founder of Mehar group of petroleum is Haji Lal Din. It was started in 1936. Mehar
Group is one of the leading group of Pakistan at the line of Petroleum and CNG industry. Product
line includes CNG Equipments, CNG Machinery, CNG Kits, CNG Cylinders and CNG, fuel and
lubricants. Product lines that include CNG Equipments, Machinery, Kits & Cylinders are
imported from Italy, United Kingdom, United State of America, Argentina, Brazil, U.A.E and
India. Products are sold through its outlet, CNG filling stations and CNG Marketing
Agents/Consignment Agreement through out in Pakistan. Mehar group is in petroleum business
for more than 5 decades and is one of the pioneers of CNG industry in Pakistan and now by the
grace of God, is the largest CNG provider in Pakistan. Our retail outlets are being recognized the
symbol of trust by our valued clients.

Company Address:-

It is located at G.T Road Gujranwala

Sr. No.

Month

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

2007 Nov
Dec
2008 Jan
Feb
March
April
May
June
July
Aug
Sep
Out
Nov
Dec
2009 Jan
Feb
March
April
May
June
July
Aug
Sep
Oct
Nov
Dec
2010 Jan
Feb
March
April

Sales (LTR)
102260
63400
45820
51190
66200
64260
134720
83640
111210
37180
49230
49400
45400
46300
37410
40920
52150
73855
81350
142665
156640
78010
74710
97910
122340
97530
71300
52155
104420
89065

Al-Shakoor petroleum

Al-Shakoor petroleum company office is in Sialkot, Pakistan. The overall monthly sales of
company at Pakistan are 71300. I want to check that the sales of the Company at Pakistan
are not 71300. I have collected the data of 30 months from November 2007 to April 2010.
The sales of Al-Shakoor petroleum are mentioned in the above table.

71300

n= 30
Mean of sales of Al-Shakoor Petroleum:-

X
n

232, 2640
30

77421.33

Standard deviation of sale of Al-Shakoor Petroleum:-

1
S
n 1

2322640

1
S
210800276900

30 1
30

1
210800276900 179821885653
29

1
30978391247
29

S 106822088
S

10335.48

Testing of Hypothesis:I will test the hypothesis that the average monthly sales of Al-Shakoor Petroleum are not 71300.

1. Null and Alternative Hypothesis:-

H0 :

H1 :

71300

71300 (two tailed test)

2. Level of Significance:Level of significance = 5 %

3. Test statistics:-

0.05

X
s
n

77421.33 71300
10335.48
30

6121.33
1886.04

4. Calculation:-

3.24

5. Critical rejoin:-

d.f =n-1=29
= 2(.00005)
P-Value = 0.00001

6. Result:-

H0

H1

Since our p-value= 0.00001 falls in rejection region so we reject

and accept .
Finally we conclude that the average mothly sale of Al-Shakoor Petroleum are not 71300.

Margin of Error:-

s
n

ME t 2

10335.48

30

ME 0.025

ME 0.025 1886.04

ME

47.15

Confidence Interval:95% confidence interval for population mean.

X t 2

s
n
10335.48

30

77421.33 0.025

77421.33 47.15
77374.18 to 77468.48
Thus the sale of Al-Shakoor Petroleum is between the 77374.18 to 77468.48

Point Estimation:-

77421.33

The sale of average Al-Shakoor Petroleum.

Sr. no
Months
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

2007, Nov
Dec
2008, Jan
Feb
March
April
May
June
July
Aug
Sep
Oct
Nov
Dec
2009, Jan
Feb
March
April
May
June
July
Aug
Sep
Oct
Nov
Dec
2010, Jan
Feb
March
April

Sales(LTR)
61230
74950
65465
58140
86755
81190
98750
141430
166555
88130
135760
99300
160440
793010
66485
73910
98150
101570
143730
168270
192715
101745
96310
111745
167030
122800
98790
86625
141960
113590

Mehar Group Of Petroleum

Mehar group of petroleum located on G.T Road Gujranwala, Pakistan. The overall
monthly sales of company at Pakistan are 66,500. I want to check that the sales of the
Company at Pakistan are different from 66,500. I have collected the data of 30 months
from November 2007 to April 2010. The sales of Mehar group of petroleum are mentioned
in the above table.

66,500

n= 30

Mean of sales of Mehar group of petroleum:-

X
n

3996530
30

133217.67

Standard deviation of sale of Mehar group of Petroleum:-

1
S
n 1

3996530

1
S
1020666540200

30 1
30

1
1020666540200 532408401363.33
29

1
488258138836.67
29

S 16836487546.1
S

129755.5

Testing of Hypothesis
I will test the hypothesis that the average monthly sales of Mehar group of Petroleum are
66500.

1. Null and Alternative Hypothesis

H 0 : 66500
H1 : 66500

2. Level of Significance
Level of significance = 5 %

0.05

(Two tailed test)

3. Test statistics:-

X
s
n

133217.67 66500
129755.5
30

66717.67
23678

4. Calculation:-

2.82

5. Critical Region
d.f

=n-1=29
= (2)0.0005

P-Value= 0.0001

6. Result

H0

H1

Since our P-Vale= 0.0001 falls in rejection region so we reject

and accept . Finally we
conclude that the average mothly sale of Mehar Group of Petroleum are not 66500.

Margin of Error:-

s
n

ME t 2

129755.5

30

ME 0.025

ME 0.025 23678

ME

592

Confidence Interval:95% confidence interval for population mean.

X t 2

s
n
129755.5

30

133217.67 0.025

133217.67 592
132625.67 to 133809.67
Thus the sale of Al-Shakoor Petroleum is between the 132625.67 to 133809.67

Point Estimation:-

133217.67

Testing of Population (Comparison)

X 1 77421.33

X 2 133217.67

n1

n2

s1
s12

30

s2

10335.48

s22

106822146.8304

1. Null and Alternative hypothesis

H 0 : 1 2
H1 : 1 2

(Two tailed test)

2. Level of Significance
Level of Significance = 5%

0.05

3. Test Statistics

30

129755.5

16836489780.25

X 2 1 2
1 1

n1 n2

s 2p

4. Calculation

2
p

n1 1 s12 n2 1 s22

s 2p

s 2p

30 1 106422146.8304 30 1 16836489780.25
30 30 2

29 106422146.8304 29 16836489780.25
58

s 2p

30864242258.1 488258203627.25
58

s 2p

519122445885.35
58

s 2p

T-Test

n1 n2 2

8950386998

X 2 1 2
1 1

n1 n2

s 2p

77421.33 133217.67 0
1
1

30 30

8950386998

55796.34 0
8950386998 0.067

55796.34 0
599675928.87

55796.34
24488.28

2.28

5. Critical region:-

d.f=

n1 n2 2

= 30+30-2=58
P-Value= 0.0175

6. Result:-

H0

H1

Since our P-value= 0.0175 falls in rejection region so we reject

and accept
.
Finally we conclude that there is a difference between the sale of Al-Shakoor Petroleum and
Mehar Group of Petroleum.

Point Estimation:-

X1 X 2
77421.33-133217.67
= -55796.34

Margin of Error:-

n1 n2 2

1 1

n
1 n2

s 2p

ME=

1
1

30 30

t 0.025 30302 8950386998

2.002 24488.28

ME=

49025.54

Confidence Interval:-

0.05

2
t

.95

0.025

= .025(n1+n2-2)

= .025(58)
= 2.002

X 2 t

n1 n2 2

77421.33 133217.67 t

0.025

1 1

n
1 n2

s 2p

30302

55796.34 2.002 24488.28

55796.34 49025.54
-104821.9 to -6770.8

1
1

30 30

8950386998