[go: up one dir, main page]

33% found this document useful (3 votes)
2K views3 pages

Business Statistics Exercise Guide

1. The document provides instructions and examples for 12 statistical exercises involving data collection, organization, graphing, and analysis. Students are asked to calculate measures like means, variances, distributions, and correlations and represent data visually through charts, plots, and diagrams. 2. Examples involve blood group and gender data, product defect rates, apple weights, car battery lifespans, student gender, country birth/death rates, and rivet head measurements. Students must tabulate, distribute, average, and graph this data to analyze patterns and relationships. 3. Calculations of central tendency, dispersion, distributions and graphical representations are required to summarize and interpret the various sets of sample data. Proper labeling, formatting and step
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
33% found this document useful (3 votes)
2K views3 pages

Business Statistics Exercise Guide

1. The document provides instructions and examples for 12 statistical exercises involving data collection, organization, graphing, and analysis. Students are asked to calculate measures like means, variances, distributions, and correlations and represent data visually through charts, plots, and diagrams. 2. Examples involve blood group and gender data, product defect rates, apple weights, car battery lifespans, student gender, country birth/death rates, and rivet head measurements. Students must tabulate, distribute, average, and graph this data to analyze patterns and relationships. 3. Calculations of central tendency, dispersion, distributions and graphical representations are required to summarize and interpret the various sets of sample data. Proper labeling, formatting and step
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 3

BBA-403 Business Statistics (Exercise 1)

Note: Do all questions in this assignment manually. All work must be your OWN. Show each step
for FULL credit. Your work should be WELL ORGANIZED and IN SEQUENCE.

1. What is the importance/signicance of Statistics in your eld of study. Write down atleast 5 examples
of each type of variable. Compare the Interval and Ratio scale of measurement with the help of
examples.
2. Following data represents the blood groups of 12 blood donors at hospital on a certain day along
with there sex. Tabulate the data and nd row as well as column percentages and interpret your
Blood Groups O+ O+ B+ B+ O+ AB+ AB+ O+ AB+ B+ AB+ O+
Sex M F M F M M M F F M M F

results. Make an appropriate graph to show the data graphically.


3. Following data represents number of defective articles found from a sample of 70 dierent packings.
Construct frequency distribution and appropriate graph of the data.
2 4 6 1 3 3 5 7 8 6 4 7 6 4
4 2 1 5 0 5 9 9 10 3 6 4 2 5
7 9 6 1 2 10 4 8 9 2 3 1 0 4
10 1 1 2 2 2 3 4 4 4 6 6 5 5
4 5 8 5 4 3 3 2 1 8 6 9 10 6

4. Make a frequency distribution from the following data, relating to the wieght recorded to the nearest
grams of 60 apples picked out at random from a consignment.
106 107 76 82 109 107 115 93 187 95 123 125
111 92 86 70 126 68 130 129 139 119 115 128
100 186 84 99 113 204 111 141 136 123 90 115
98 110 78 185 162 178 140 152 173 146 158 194
148 90 107 181 131 75 184 104 110 80 118 82

(a) (i) Construct frequency distribution, Class boundaries, Midpoints, Cumulative frequency, rel-
ative frequency, percentage frequency, relative cumulative frequency, percentage cumulative
frequancy.(ii) Also construct histogram, a freqency polygon, frequency curve and an ogive.
(b) Construct a stem-and-leaf plot using one row per stem.
5. The following data species the life of 40 similar car batteries recorded to the nearest tenth of a year.
The batteries are guaranteed to last 3 years.

2.2 4.1 3.5 4.5 3.2 3.7 3.0 2.6 3.4 1.6 3.1 3.3 3.8 3.1
4.7 3.7 2.5 4.3 3.4 3.6 2.9 3.3 3.9 3.1 3.3 3.1 3.7 4.4
3.2 4.1 1.9 3.4 4.7 3.8 3.2 2.6 3.9 3.0 4.2 3.5

(a) Prepare a frequency distribution, using a class interval of 0.5. Indicate the class limits and class
boundries clearly.
(b) Construct Midpoints, Cumulative frequency, relative frequency, percentage frequency, relative
cumulative frequency and percentage cumulative frequancy.
(c) Draw a histogram, freqency polygon, frequency curve and an ogive.
6. (a) The data represent the gender of 10 students Male, Male, Female, Male, Female, Male, Female,
Male, Male, Female. Construct a frequency Distribution.
(b) Represent the following data with the help of (i) Simple Bar Chart (ii) Multiple Bar Chart (iii)
Pie Chart.
Country Japan Germany Egypt France
Birth Rate 32 16 44 21
Death Rate 19 10 24 16

(c) Draw a simple bar diagram to represent the population of ve Asian Countries in 1988.

Country China India Indonesia Japan Pakistan


Population (million) 1088 816 175 123 106

(d) Draw component bar diagram to represent the male and female population (in lac) of ve
divisions of the punjab in 1981, given below.
Division Rawalpindi Bahawalpur Multan Gujranwala Lahore
Males 23 24 39 39 44
Females 21 23 36 37 43

(e) Draw a pie chart to show the distribution of punjab government Employees by their academic
qualications.
Qualication No Edu Primary Middle Matric Intermediate
No. of Employees 47 25 63 97 26

7. Write the following sums in expanded form. 2


(i) 5i=1 Xi (ii) 6m=4 Wm+2 (iii) 5i=2 Xi2 (iv) 6i=1 100 (v) (vi) ni=1 Yi (vii) ni=1 Yi2
P P P P P5 P P
i=1 X i + 2
(viii) 7i=1 (Xi − Yi ) (ix) 4i=1 X4i .
P P

8. Consider a following data on variable Xi and Yi :


Xi 4 6 8 10 11 13 18
Yi 34 35 36 40 43 41 44

Then calculate the values of the following expressions. Show each step.
(a) What is the sample size for the above data?
(b)
P7
i=1 Xi
(c)
P7
i=1 Yi
(d) Find X̄ and Ȳ
(e) and 7i=1 (Yi − Ȳ )
P7 P
i=1 (Xi − X̄)
(f) and 7i=1 (Yi − Ȳ )2
P7 2
P
i=1 (Xi − X̄)
(g)
P7
i=1 (Xi + Yi )
(h)
P7 2
i=1 Xi
(i)
P7 2
i=1 Yi
( 7i=1 Xi )
(j)
P

( 7i=1 Yi )
P

(k)
Q7
i=1 Xi
(l)
Q7
i=1 Yi
qQ
(m) ( i=1 Xi ) or 7 7i=1 Xi
Q7 1/7

(n) 7i=1 ( X1i )


P

(o) P7 n 1
i=1 ( X )
i

9. (a) The following data are the measures of the diameters of 24 rivet heads in 1/100 of an inch.

6.72 6.77 6.82 6.70 6.78 6.70 6.62 6.75 6.66 6.66 6.64 6.76
6.73 6.80 6.72 6.76 6.76 6.68 6.66 6.62 6.72 6.76 6.70 6.78

Compute the Arithmetic Mean, variance, standard deviation, Coecient of Variation, Coe-
cient of Skewness and Coecient of Kurtosis..
(b) The mean of the 10 numbers is 8. If an eleventh number is now included in the results, the
mean becomes 9. What is the value of the eleventh number.
(c) For three sections of a statistics class consisting of 62, 68 and 40 students, the mean grades on
the nal examination were 83, 80 and 76. Find the mean of the combined class.
(d) In an examination a candidate scored the marks as English 73, Urdu 62, Mathematics 57,
Statistics 82, Economics 60. Find (i) the simple average of the marks obtained, (ii) the wieghted
mean if the weights of 1,1,2,3,3 respectively are assigned to these subjects.
10. Find the median, Q1 , Q3 , D7 , P35 and mode of each of the following sets of data:-
(a) 27, 29, 27, 25, 24, 27, 25, 29, 28, 23, 30, 26, 25, 23, 24, 19, 20, 30
(b) 412, 426, 435, 412, 427, 428, 435, 436, 437, 440, 417, 415, 420, 421
Also construct box plot for both the above data sets.
11. (a) Find Geometric Mean and Harmonic Mean of the data in Q.5 (a).
(b) The Reciprocals of 12 dierent observations are

0.0222, 0.0115, 0.0213, 0.0111, 0.0179, 0.0135


0.0120, 0.0250, 0.0233, 0.0278, 0.0189, 0.0112

Calculate their harmonic mean, arithmetic mean and geometric mean. Verify that A.M >
G.M > H.M .

12. The following measurements were recorded for the drying time, in hours, of a certain brand of latex
paint.

3.4 2.5 4.8 2.9 3.6 2.8 3.3 5.6


3.7 2.8 4.4 4.0 5.2 3.0 4.8

Assume that the measurements are a simple random sample. (i) What is the sample size for the
above sample? (ii) Calculate the sample mean for these data. (iii) Calculate the sample median.
(iv) Calculate variance, standard deviation, Coecient of Variation, Coecient of Skewness and
Coecient of Kurtosis.

Best of Luck!

You might also like