Assignment 1 (MBA)
Assignment 1 (MBA)
Business Statistics
Definethefollowingtermsandsymbols: n
x
CopyrightPhilipDoty,UniversityofTexasatAustin,August2004
3.
Asampleofthevariablexassumesthefollowingvalues: 57 50 51 53 58 54 52 50 50 57 59 51 57 53 51 55 59 52 56 54
Generateafrequencydistributionindicatingx,frequencyofx,cumulative frequencyofx,relativefrequencyofx,mean,median,mode,G.M.,H.M. andcumulativerelativefrequencyofx. 4. Forthefrequencydistributioninproblem3,compute: (a)n x (b) (c) x (d)median (e)mode (f)range 5. 6. Generateahistogramforthedatainproblem3. Graphthefollowingsampledistributions(histogramandfrequency polygon)usingthreedifferentpairsofaxes. Distribution1 Distribution2 Distribution3
7.
CopyrightPhilipDoty,UniversityofTexasatAustin,August2004
thecurve. Isthemean>mode?Computetheanswerandalsoanswerit graphicallyasinpart(c)ofthisquestion. Whatisthevarianceofthedistribution? Whatisthestandarddeviationofthedistribution? Whatistherangeofthedistribution? Whatisthecoefficientofvariationofthedistribution? Whichmeasureofcentraltendency,mode,median,or(arithmetic) mean,isthefairestandclearestdescriptionofthedistribution? Why?
CopyrightPhilipDoty,UniversityofTexasatAustin,August2004
8.
CopyrightPhilipDoty,UniversityofTexasatAustin,August2004
10.Forthisdistributionofx,calculate: (a)Cumulativefrequency,relativefrequency,andcumulativerelative frequencyforeachvalue (b)N (c)therange (d)median (e)mode (h)Q 1 ,Q 2 ,andQ 3 11.Following figures relate to the weekly wages of workers in a factory. Wages (in 00 Rs.) 100 100 101 102 106 86 82 87 109 104 75 89 99 96 94 93 92 90 86 78 79 84 83 87 88 89 75 76 76 79 80 81 89 99 104 100 103 104 107 110 110 106 102 107 103 101 101 101 86 94 93 96 97 99 100 102 103 107 107 108 109 94 93 97 98 99 100 97 88 86 84 83 82 80 84 86 88 91 93 95 95 95 97 98 100 105 106 103 85 84 77 78 80 93 96 97 98 98 98 87 a) Prepare a frequency table by taking a class interval of 5. b) Draw histogram, Q.12 Calculate the arithmetic mean for the following frequency distribution Marks 0-10 10-20 20-30 30-40 40-50 50-60 No. of 6 5 8 15 7 6 students (i) By direct method (ii) By short cut method 60-70 3
Q.13 Show that the algebraic sum of the deviations of the given set of observations from their arithmetic mean is zero. Also verify this property by using the given data: Marks frequency 0-10 6 10-20 5 20-30 8 30-40 15 40-50 7 50-60 6 60-70 3
Q.14 The frequency distribution of weight in grams of mangoes of a given variety is given below. Calculate the arithmetic mean and the median Weights No. of mangoes 410-419 14 420-429 20 430-439 42 440-449 54 450-459 45 460-469 18 470-479 7
CopyrightPhilipDoty,UniversityofTexasatAustin,August2004
Q.15 Calculate the value of Harmonic mean from the following data: Values 10-20 20-30 30-40 40-50 Frequency 30 75 70 135 Q.16 From the following data calculate G.M. Marks No. of students 5 10 15 20 25 30 35 50 45 40
50-60 220
55 30
Q.17 Calculate the mode from the following data by using grouping method Marks 0-10 No .of 4 Students 10-20 2 20-30 18 30-40 22 40-50 21 50-60 19 60-70 10 70-80 3 80-90 1
Q.18 Locate the median graphically from the following data: Marks 0-10 10-20 20-30 30-40 No. of 10 20 30 20 Students
40-50 10
Q.19 Determine the value of mode graphically from the following data: Marks No. of Students 0-10 5 10-20 10 20-30 20 30-40 25 40-50 20 50-60 10 60-70 5
CopyrightPhilipDoty,UniversityofTexasatAustin,August2004