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Case Study Unit 1

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9 views3 pages

Case Study Unit 1

Uploaded by

mzpneeraj58
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 DOCX, PDF, TXT or read online on Scribd
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BUSINESS STATISTICS & ANALYTICS

(KMBN 104)
Unit 1
Numerical Questions for practice

Question 1: Mean, Median, and Mode Calculation

Data Set: The following are the scores of students on a math test: 45, 52, 60, 45, 70, 55, 60, 62,
70, 68, 55, 52, 70, 60, 62, 58, 52.

Tasks:

1. Calculate the mean score.


2. Determine the median score.
3. Identify the mode of the scores.

Question 2: Data Set with Multiple Modes

Data Set: The monthly expenses (in dollars) of a sample of 20 families are as follows: 3200,
2800, 3000, 3100, 2800, 2900, 3000, 3200, 3100, 3300, 3400, 3200, 3000, 2900, 3300, 3400,
3100, 2800, 3000, 3200.

Tasks:

1. Calculate the mean of the monthly expenses.


2. Find the median of the monthly expenses.
3. Determine the mode of the monthly expenses.

Question 3: Mixed Data Set

Data Set: The number of books borrowed by 15 students in a month is recorded as follows: 3, 5,
7, 3, 6, 7, 8, 5, 9, 7, 3, 5, 6, 8, 9.

Tasks:

1. Calculate the mean number of books borrowed.


2. Find the median number of books borrowed.
3. Determine the mode of the number of books borrowed.
Question 4: Quartiles and Range

Data Set: The following are the ages (in years) of a group of 12 people: 23, 27, 31, 29, 25, 30,
24, 28, 32, 26, 35, 34.

Tasks:

1. Find the first quartile (Q1), median (Q2), and third quartile (Q3).
2. Determine the range of the ages.

Question 5: Measures of Dispersion

Data Set: The following are the scores of 10 students on a test: 82, 76, 91, 85, 79, 88, 92, 78, 84,
90.

Tasks:

1. Calculate the variance and standard deviation of the test scores.


2. Find the mean deviation (mean absolute deviation) of the test scores.
3. Compute the coefficient of variation (CV) for the test scores.

Question 6: Quartiles, Variance, and Standard Deviation

Data Set: The monthly salaries (in thousands of dollars) of 15 employees are: 45, 55, 60, 50, 65,
55, 70, 60, 50, 45, 55, 65, 70, 80, 75.

Tasks:

1. Determine Q1, Q2 (median), and Q3.


2. Compute the variance and standard deviation of the salaries.

Question 7: Standard Deviation, Variance, and Coefficient of Variation

Data Set: The following are the weights (in kg) of 8 packages: 12, 15, 13, 14, 17, 16, 14, 15.

Tasks:

1. Calculate the variance of the weights.


2. Find the standard deviation of the weights.
3. Compute the coefficient of variation (CV) for the weights.
Question 8: Variance and Standard Deviation

Data Set: A sample of 6 daily temperatures (in °C) is recorded as follows: 22, 24, 20, 23, 25, 21.

Tasks:

1. Calculate the mean temperature.


2. Compute the variance of the temperatures.
3. Find the standard deviation of the temperatures.

Question 9: Coefficient of Variation

Data Set: The monthly sales figures (in units) for 5 products are: 150, 200, 180, 220, 170.

Tasks:

1. Calculate the mean of the sales figures.


2. Determine the variance and standard deviation of the sales figures.
3. Compute the coefficient of variation (CV) for the sales figures.

Question 10: Coefficient of Variation

Data Set: The following are the annual incomes (in thousands of dollars) of 12 individuals: 32,
45, 48, 50, 51, 52, 53, 55, 58, 60, 65, 80.

Tasks:

1. Calculate the mean and standard deviation of the incomes.


2. Determine the third central moment of the data set.
3. Compute the skewness of the income distribution

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