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Assignment 1

This document contains instructions for a business mathematics and statistics assignment. It asks the student to: 1) Define statistics and its two types, and draw diagrams of a population and sample. 2) List two types of summary measures - measures of central tendency/location and measures of variance/dispersion. 3) Write about the usage and application of statistics in business. 4) Define frequency, frequency distribution, relative frequency distribution, and percentage frequency distribution. 5) Define data and types of data, and draw a chart of data types. It also provides instructions for converting an ungrouped frequency distribution to a grouped frequency distribution, and calculating relative and percentage frequencies to draw a histogram.

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Maaz Satti
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0% found this document useful (0 votes)
25 views

Assignment 1

This document contains instructions for a business mathematics and statistics assignment. It asks the student to: 1) Define statistics and its two types, and draw diagrams of a population and sample. 2) List two types of summary measures - measures of central tendency/location and measures of variance/dispersion. 3) Write about the usage and application of statistics in business. 4) Define frequency, frequency distribution, relative frequency distribution, and percentage frequency distribution. 5) Define data and types of data, and draw a chart of data types. It also provides instructions for converting an ungrouped frequency distribution to a grouped frequency distribution, and calculating relative and percentage frequencies to draw a histogram.

Uploaded by

Maaz Satti
Copyright
© © All Rights Reserved
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Assignment-1

(Business Mathematics and Statistics Course Code: ASC361)


Q- 1: Define Statistics & its two types. Also draw diagram of population & sample.

Q- 2: List two types of summary measures i.e. measures of central tendancy / location and
measures of variance / dispersion.

Q- 3: Write down usage and application of statistics in business.

Q- 4: Define Frequency, Frequency distribution, Relative and percentage frequency


distribution.

Q- 5: Define Data and types of data. Also draw its chart.
Practical Assignment : On next slide we have an un-Grouped Frequency
Distribution. Convert this table into grouped frequency distribution. Also find
Relative frequency and percentage frequency. Draw a frequency histogram for
the “Scores” frequency distribution. Use the class Interval.

Hint: Use frequency “f” on y - axis and Scores class interval along
x-axix for Histogram. See the formulae.

Each Class frequency f


Relative frequency = 
Sample size or Sum of all frequencies n

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