7 EQUAL INTERVALS

CLASS INTERVEL FREQUENCY

MAX 99 35-44 3
MIN 38 45-54 5
55-64 9
CLASS WIDTH 8.714286 65-74 16
CLASS WIDTH 4.692308 75-84 11
85-94 4
95-104 2
SUM 50

A) The program is not in compliance with the policy

B) YES, 13-interval relative frequency distribution help answer part (a) betterthan your 7
C) We can better estimate the answer with 13 interval relative frequency table
 13 EQUAL INTERVALS
RELATIVE FREQUENCY CLASS INTERVAL FREQUENCY
0.06 35-40 1
0.1 41-45 2
0.18 46-50 1
0.32 51-55 6
0.22 56-60 4
0.08 61-65 6
0.04 66-70 9
71-75 5
76-80 5
81-85 5
86-90 2
91-95 2
96-100 2
SUM 50

lp answer part (a) betterthan your 7-interval distribution

al relative frequency table
RELATIVE FREQUENCY
0.02
0.04
0.02
0.12
0.08
0.12
0.18
0.1
0.1
0.1
0.04
0.04
0.04
 5 EQUAL INTERVALS
MAX 69 CLASS INTERVAL FREQUENCY RELATIVE FREQUENCY
MIN 15 15-25 3 0.066666666666667
26-36 4 0.088888888888889
CLASS WIDTH 10.8 37-47 12 0.266666666666667
CLASS WIDTH 4.909091 48-58 18 0.4
59-69 8 0.177777777777778
SUM 45

A) The motorists do no follow the U.S dots report as the percentage exceeds more than
B) 11 Equal interrval distribution is used to answer part A
C) 66.66% of the motorists drive between 36-59, 5 Equal interval distribution is used to a
 11 EQUAL INTERVALS
CLASS INTERVAL FREQUENCY RELATIVE FREQUENCY
15-19 3 0.066666666666667
20-24 0 0
25-29 2 0.044444444444445
30-34 2 0.044444444444445
35-39 5 0.111111111111111
40-44 3 0.066666666666667
45-49 11 0.244444444444444
50-54 3 0.066666666666667
55-59 8 0.177777777777778
60-64 5 0.111111111111111
65-69 3 0.066666666666667
SUM 45

xceeds more than 10% i.e 35.5%

ibution is used to answer

 CLASS INTERVAL OF 6
MAX 24 CLASS INTERVAL FREQUENCY
MIN 4 4 TO 10 8
11 TO 17 8
18 TO 24 4
SUM 20

B) The effectiveness of the order processing is more during 4 to 17 days and decresed from
C) It dint reach the goal as there are only 8 orders which is less than 50%.
D) We can find out the percentage ranges with relative frequency which cannot be done wit
 RELATIVE FREQUENCY
0.4
0.4
0.2

ys and decresed from 18th day

0%.
ch cannot be done with frequency table
LOWER LIMIT UPPER LIMIT FREQUENCY CF RELATIVE FREQUENCY
2000 2999 1 1 0.05
3000 3999 2 3 0.1
4000 4999 4 7 0.2
5000 5999 3 10 0.15
6000 6999 4 14 0.2
7000 7999 3 17 0.15
8000 8999 2 19 0.1
9000 9999 1 20 0.05
20

A) Roughly 65% of the trips breaks even for Homer

B) 5800 is the approximate middle value in the data entry
C) Homers boat exceed 4200 pounds of fish 80% of the times
 CUMULATIVE RELATIVE FREQUENCY
0.05 OGIVE CURVE
0.15 7000
0.35
0.5
6000
0.7
0.85
5000
0.95
1
4000

3000

2000

1000
he data entry
0% of the times 0
0 0.1 0.2 0.3 0.4
GIVE CURVE

0.3 0.4 0.5 0.6

1) The ages of the children are 8, 5, 9, 10, 9, 12, 7, 12, 13, 7, 8.

2) The average age of children (MEAN) = 8+5+9+10+9+12+7+12+13+7+8/11

= 9.0909

As the average age of the children is not below 9, they are not eligible for the
e not eligible for the county social services
14,500 The average annual incomes = 10,782
15,600
12,500
8,600 A) As the average income is below $12500 chid care qualify for country supp
7,800 B) _
6,500 C) Family income can rise upto $1718
5,900
10,200
8,800
14,300
13,900
qualify for country support.
 Income for 6 months
234
216
195
400
315
274

Average monthy income for 6 months is 272.33

The owner cannot build because the average of the 6 months is

 Income for 12 months
234
216
195
400
315
274 Average monthly income for the year is 302.25
302
291
275
300
375
450

rage of the 6 months iss below 300

 VALUE (X)
2.84
2.89
2.9
2.92
2.93
2.94
2.95
2.96
2.97
2.99
3.01
3.02
SUM

The average volume is 2.9478

The company needs to recalibrate as the average volume is more than 0.04
 FREQUENCY (f) fx
1 2.84
1 2.89
1 2.9
2 5.84
1 2.93
2 5.88
2 5.9
1 2.96
3 8.91
2 5.98
1 3.01
1 3.02
18 53.06

re than 0.04
 Relative variability = variance/mean

Group 1 Group 2
Relative Variability = 2.1205 Relative Variability

Group 1 has less relative variablity com

 Relative Variability = 3.602

s relative variablity compared to group 2

BLUB 1 BLUB 2
Relative variability = 0.106122 Relative Variability = 0.057857

B3<B2<B1

Blub 3 is the best blub

BLUB 3
Variance = 36
Relative variability = 0.026667
 REGULAR MBA
value(x) frequency(f) fx x-mean x-mean^2
23 1 23 -1.8 3.24
29 1 29 4.2 17.64
27 2 54 2.2 4.84
22 1 22 -2.8 7.84
24 2 48 -0.8 0.64
21 1 21 -3.8 14.44
25 1 25 0.2 0.04
26 1 26 1.2 1.44
SUM 10 248 -1.4 50.12

MEAN = 24.8
VARIANCE = 5.5688889
RELATIVE VARIABILITY = 0.22455197

EVENING MBA HAS LOWER RELATIVE VARIABIITY

 EVENING MBA
Value(x) frequency(f) fx x- mean x-mean^2
27 1 27 -3.4 11.56
34 2 68 3.6 12.96
30 2 60 -0.4 0.16
29 2 58 -1.4 1.96
28 2 56 -2.4 5.76
35 1 35 4.6 21.16
SUM 10 304 0.6 53.56

MEAN = 30.4
VARIANCE = 5.951111
RELATIVE VARIABILTY = 0.19576

R RELATIVE VARIABIITY SO IT WILL BE EASIER TO TEACH

COMPANY A

relative dispersion = standard deviation/mean

= 0.1893

COMPANY A IS MORE RISKIER AS RELATIVE DISPERSI

 COMPANY B

Relative Dispersion = standard deviation/mean

= 0.127

S RELATIVE DISPERSION IS HIGH

MACHINE 1

Relative Dispersion = standard deviation/mean

= 0.052
= 5.20%

Machine 1 has more relative dispersion and low accura

 MACHINE 2

Relative Dispersion = standard deviation/mean

= 0.047778
= 4.70%

persion and low accuracy

 GRADE 1 GRADE 2
VALUE(X) FREQUENCY(F) FX X-MEAN X-MEAN^2 VALUE(X) FREQUENCY(F) FX
88 1 88 0.2 0.04 87 1 87
91 1 91 3.2 10.24 92 1 92
92 1 92 4.2 17.64 88 1 88
89 1 89 1.2 1.44 90 1 90
79 1 79 -8.8 77.44 92 1 92
SUM 5 439 106.8 SUM 5 449

MEAN 87.8 MEAN 89.8

SD 5.16720427311 SD 2.280350850198
COEFICIENT OF VARIATION = 0.0589 COEFICIENT OF VARIATION =

Wyatt’s grading doesn’t make sense because as super gr

 GRADE 3
X-MEAN X-MEAN^2 VALUE(X) FREQUENCY(F) FX X-MEAN X-MEAN^2
-2.8 7.84 90 1 90 2.2 4.84
2.2 4.84 89 1 89 1.2 1.44
-1.8 3.24 79 1 79 -8.8 77.44
0.2 0.04 93 1 93 5.2 27.04
2.2 4.84 88 1 88 0.2 0.04
20.8 SUM 5 439 110.8

MEAN 87.8
SD 5.263078946776
0.0254 COEFICIENT OF VARIATION = 0.0599

because as super grade has more variation than the remaining 2

 FIRST WEEKEND(X) AND U S GROSS (Y)
X Y X-MEAN(I) Y-MEAN(J) X-MEAN^2 Y-MEAN^2 IJ
90.295 317.558 -12.68525 18.986125 160.915567563 360.472943 -240.8437
88.375 261.988 -14.60525 -36.583875 213.313327563 1338.37991 534.3166
93.687 249.539 -9.29325 -49.032875 86.3644955625 2404.22283 455.6748
102.335 290.013 -0.64525 -8.558875 0.4163475625 73.2543413 5.522614
77.108 292.005 -25.87225 -6.566875 669.373320063 43.1238473 169.8998
77.836 301.46 -25.14425 2.888125 632.233308063 8.34126602 -72.61974
125.017 295.001 22.03675 -3.570875 485.618350563 12.7511483 -78.69048
169.189 381.011 66.20875 82.439125 4383.59857656 6796.20933 5458.191
823.842 2388.575 6631.8332935 11036.7556 6231.451

MEAN (X) = 102.98025 SD(X) = 30.77

MEAN (Y) = 298.571875 SD(Y) = 39.7
VARIANCE(X) = 947.404756 VARIANCE(Y) = 1576.679

COVARIANCE(XY) = 890.20733

coefficient of correlation = 0.728

THE COFFICIENT OF CORELATION IS MORE EFFICIENT BECAUSE IT EXPLAINS THE RELATION BETWEEN THE TW

WE CAN SAY THAT Y AND Z HAVE VERY STRONG CO RELATION FOLLOWED BY X&Z AND X&Y
 WORLD WIDE GROSS(X) AND U S GROSS(Y)
X Y X-MEAN(I) Y-MEAN(J) X-MEAN^2
976.458 317.558 13.5085 18.986125 182.47957225
878.988 261.988 -83.9615 -36.583875 7049.5334822
795.539 249.539 -167.4105 -49.032875 28026.27551
896.013 290.013 -66.9365 -8.558875 4480.4950322
938.469 292.005 -24.4805 -6.566875 599.29488025
934.601 301.46 -28.3485 2.888125 803.63745225
955.417 295.001 -7.5325 -3.570875 56.73855625
1328.111 381.011 365.1615 82.439125 133342.92108
7703.596 2388.575 174541.37557

MEAN (X) = 962.9495 SD(X)

MEAN (Y) = 298.571875 SD(Y)
VARIANCE(X) = 24934.482224 VARIANCE(Y)

COVARIANCE(XY) = 6045.5727

coefficient of correlation =

E RELATION BETWEEN THE TWO FIELDS WHERE AS COVARIANCE IS THE RELATION BETWEEN TWO VARIABLES AND HOW THEY VARY TOGE

X&Z AND X&Y

U S GROSS(Y)
Y-MEAN^2 IJ
360.472943 256.4741
1338.37991 3071.637
2404.22283 8208.618
73.2543413 572.9011
43.1238473 160.7604
8.34126602 -81.87401
12.7511483 26.89762
6796.20933 30103.59
11036.7556 42319.01

= 157.9
= 39.7
= 1576.679

0.8233

ABLES AND HOW THEY VARY TOGETHER