SlideShare a Scribd company logo
SHARP EL-735S/738/738FB
for Business Modelling and Analysis-
FIN60003
Step 1: Clear the memory
2nd F
ALPHA
0
0
Remember to clear the memory before each question
Step 2: Set your calculator at 4 decimal places
SET UP
4
0
0
You usually need to report your final answer up to 2 decimal places
Using second functions
You will need to use the ‘your second functions’ of your
calculator. To do so, need to press
e.g. to use the EFF second function, you need to press
+ as EFF is the second
function of PV on your Sharp calculator.
2nd F + the key with the second function required.
2nd F PV
Chapter 3: Mean Room Rented
22
13
10
16
23
What is the mean for room rented?
22
13 ENT
10 ENT
16 ENT
23 ENT
ENT
We need to change the mode to “STAT 0”
MODE 1 0
Then enter the values:
ALPHA 4 x̅ = 16.8={x̅ }
Chapter 3: Standard Deviation
What is the standard deviation for room
rented?
Remain at “STAT 0” mode
Don’t clear the memory, keep the data
For Population
ALPHA 6 = x̅ = 5.04
For Sample
ALPHA 5
{σx}
= x̅ = 5.63{sx}
Room Rented
22
13
10
16
23
We need to change the mode to “STAT 0”
MODE 1 0
(x,y)
Example: Toss 2 coins
X = number of heads. Compute expected value of x:
x P(X)
0 0.25
1 0.50
2 0.25
Value Probability
0 25
(x,y)1 50
(x,y)2 25
ALPHA {x̅ } = E(x) = 1.0
(When entering the probabilities,
you may multiply them by 100, as
they are provided to decimal
places, so 0.25 is entered as 25)
Chapter 5: Discrete Probability Distribution
ENT
ENT
ENT
For Expected value or Mean
ALPHA
4
= σ = 0.707
For Standard deviation
6 {σx}
Chapter 14: Correlation
What is the correlation between x and y?
We need to change the mode to “STAT 1”
1 1MODE
Then enter the values:
3 ENT(x,y) 487
5 ENT(x,y) 445
2 ENT(x,y) 272
8 ENT(x,y) 641
2 ENT(x,y) 440
ALPHA ( ={r}
r = 0.8173
Year (x) Sales (y)
3 487
5 445
2 272
8 641
2 440
Chapter 14: Regression, intercept and slope
Remain at “STAT 1” mode
Don’t clear the memory, keep the data
Year (x) Sales (y)
3 487
5 445
2 272
8 641
2 440For Intercept
ALPHA ÷ = a = 288.08
For Slope
ALPHA DEL
{a}
= b = 42.23{b}
Chapter 14: Coefficient of determination, R2
Remain at “STAT 1” mode
Don’t clear the memory, keep the data
Year (x) Sales (y)
3 487
5 445
2 272
8 641
2 440ALPHA ( ={r}
2nd F . {x2} =
r2 = 0.6680 = 66.80%

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Sharp Calculator Demonstration

  • 1. SHARP EL-735S/738/738FB for Business Modelling and Analysis- FIN60003
  • 2. Step 1: Clear the memory 2nd F ALPHA 0 0 Remember to clear the memory before each question
  • 3. Step 2: Set your calculator at 4 decimal places SET UP 4 0 0 You usually need to report your final answer up to 2 decimal places
  • 4. Using second functions You will need to use the ‘your second functions’ of your calculator. To do so, need to press e.g. to use the EFF second function, you need to press + as EFF is the second function of PV on your Sharp calculator. 2nd F + the key with the second function required. 2nd F PV
  • 5. Chapter 3: Mean Room Rented 22 13 10 16 23 What is the mean for room rented? 22 13 ENT 10 ENT 16 ENT 23 ENT ENT We need to change the mode to “STAT 0” MODE 1 0 Then enter the values: ALPHA 4 x̅ = 16.8={x̅ }
  • 6. Chapter 3: Standard Deviation What is the standard deviation for room rented? Remain at “STAT 0” mode Don’t clear the memory, keep the data For Population ALPHA 6 = x̅ = 5.04 For Sample ALPHA 5 {σx} = x̅ = 5.63{sx} Room Rented 22 13 10 16 23
  • 7. We need to change the mode to “STAT 0” MODE 1 0 (x,y) Example: Toss 2 coins X = number of heads. Compute expected value of x: x P(X) 0 0.25 1 0.50 2 0.25 Value Probability 0 25 (x,y)1 50 (x,y)2 25 ALPHA {x̅ } = E(x) = 1.0 (When entering the probabilities, you may multiply them by 100, as they are provided to decimal places, so 0.25 is entered as 25) Chapter 5: Discrete Probability Distribution ENT ENT ENT For Expected value or Mean ALPHA 4 = σ = 0.707 For Standard deviation 6 {σx}
  • 8. Chapter 14: Correlation What is the correlation between x and y? We need to change the mode to “STAT 1” 1 1MODE Then enter the values: 3 ENT(x,y) 487 5 ENT(x,y) 445 2 ENT(x,y) 272 8 ENT(x,y) 641 2 ENT(x,y) 440 ALPHA ( ={r} r = 0.8173 Year (x) Sales (y) 3 487 5 445 2 272 8 641 2 440
  • 9. Chapter 14: Regression, intercept and slope Remain at “STAT 1” mode Don’t clear the memory, keep the data Year (x) Sales (y) 3 487 5 445 2 272 8 641 2 440For Intercept ALPHA ÷ = a = 288.08 For Slope ALPHA DEL {a} = b = 42.23{b}
  • 10. Chapter 14: Coefficient of determination, R2 Remain at “STAT 1” mode Don’t clear the memory, keep the data Year (x) Sales (y) 3 487 5 445 2 272 8 641 2 440ALPHA ( ={r} 2nd F . {x2} = r2 = 0.6680 = 66.80%