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The Institute of Finance Management (Ifm) Department of Mathematics MTT 04101: Tutorial Questions For 13 - 17 2020

This document contains tutorial questions for finance management students for the week of January 13-17, 2020. Question One involves analyzing and representing scored data and job data using histograms, frequency polygons, bar charts, line graphs, and pie charts. Question Two involves calculating measures of central tendency (mean, median, mode) and dispersion (range, mean deviation) for some given data, and estimating measures of central tendency for grouped data.

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Hamisi Warioba
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117 views1 page

The Institute of Finance Management (Ifm) Department of Mathematics MTT 04101: Tutorial Questions For 13 - 17 2020

This document contains tutorial questions for finance management students for the week of January 13-17, 2020. Question One involves analyzing and representing scored data and job data using histograms, frequency polygons, bar charts, line graphs, and pie charts. Question Two involves calculating measures of central tendency (mean, median, mode) and dispersion (range, mean deviation) for some given data, and estimating measures of central tendency for grouped data.

Uploaded by

Hamisi Warioba
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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THE INSTITUTE OF FINANCE MANAGEMENT (IFM)

Department of Mathematics
MTT 04101:
Tutorial Questions for 13th Jan – 17th Jan 2020

QUESTION ONE

a) Given the scores data

24 13 28 15 25 29 15 17 22 23 17 22 23 17 16 32 11 12 18 20
13 27 18 22 20 14 19 19 40 31 17 21 23 26 18 24 21 27

i) Formulate the grouped frequency distribution (make your class size 5)


ii)Represent the above information by using Histogram and Frequency Polygon charts
drawn on the same graph.
b) Consider the following data from Automobile Company;
Jobs Number of workers
Electricians 12
Mechanics 8
Welders 7
Painters 11
Drivers 10

i) Draw a Bar chart and a line graph to represent the above information on the same
graph.
ii) Represent the above information using a pie chart.

QUESTION TWO

a) Using the following data calculate Arithmetic Mean, Median, Mode, Range and Mean Deviation.
10,14,20,16,12,11,10,17,19,18,16,16,13,16,17,16.
b) Consider the following grouped data frequency distribution.
Frequency
20-24 8

25-29 5
30-34 6
35-39 4
40-44 3
45-49 2
50-54 1

Estimate Mode, Median, Mean

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