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Business Statistics I Assignment

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13 views4 pages

Business Statistics I Assignment

Uploaded by

farmuuse1
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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UNIVERSITY OF

BURAO

Faculty: Social Science

Department: Business Administration

Semester: Five

Course: Business Statistics I

Assignment

Name: ---------------------------------------------------
---------------------------------- ID: ------
1
1) The following table shows different variables, distinguish these terms
No Variable Scale Discrete or Continuous
1 Head office Region
2 Earnings per share
3 Share price
4 Turnover
5 Dividends per share

2) The following data represents the ages of 30 students in a statistics class. Construct
a frequency distribution that has five classes and represent the data tally chart. Ages
of Students.

12 22 26 37 29 20

17 30 36 19 34 19

25 29 18 37 38 22

30 40 32 45 34 46

54 49 18 62 21 22

3) Nimson compmay is studying the number of minutes used monthly by customers in


a particular cell phone rate plan. A random sample of 14 customers showed the
following number of minutes used last month.
46 84 90 88 112 108 120
92 96 98 80 116 122 120
a) Compute the sample mean
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4) The Najax Construction Company pays its hourly employees $12, $14, or $18 per
hour. There are 22 hourly employees, 8 of them are paid at the $12 rate, 10 at the
$14 rate, and 4 at the $18 rate. Compute the mean hourly rate paid by 22
employees
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5) The data set below shows the amount of mass of 44 mobile telephones produced by
Apple manufacturing Company. Compute (2marks)
Mass (kg) No of Mobiles
10 – 20 8
20 – 30 14
30 – 40 10
40 – 50 6
50 – 60 4
60 – 70 2

a) The mean for grouped data


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b) Variance for grouped data
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6) The table below shows the number of 25 students who achieved GPA grade in their
business mathematics examinations at the end of the semester. Represent the data
in appropriate bar chart.
GPA Grade Frequency
A 4
B 9
C 7
D 3
E 2
Total 25

7) ABC Company sold 40 items of its stock and the prices of the goods are represented
below: 48, 20, 33, 23, 25, 49, 40, 27, 28, 41, 29, 47, 33, 30, 31, 44, 31, 36, 31, 36,
32, 33, 35, 41, 35,36, 36, 37, 40, 37,37, 40, 41, 43, 44, 40, 37, 39, 45, 37. Compute
a) lower quartile
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b) Middle quartile
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c) Upper quartile
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8) The marks obtained by 20 students in a business statistics class are given below.
Create a dot plot to represent this data visually.

5 1 0 7 8 0

1 0 2 4 1 1

2 1 4 3 2 9

1 0

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