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Business Statistics Assessment

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0% found this document useful (0 votes)
78 views7 pages

Business Statistics Assessment

Uploaded by

yashna285
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
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APPENDIX A: ASSESSMENT COVER SHEET

ASSESSMENT COVER SHEET

Harisunker
Surname
Yashna Heeralall
First Name/s
185457
Student Number
Business Statistics
Subject
2
Assessment Number
Mzwandile Makhoba
Tutor’s Name
18 March 2024
Date Submitted

Submission () First Submission Resubmission
06 Eleanor Cresent
Padfield Park
Postal Address
Pinetown

yharisunker@gmail.com
E-Mail
(Work)
079 501 7778 (Home)
Contact Numbers
067 932 3624 (Cell)

July 2023 Semester 2


Course/Intake

Declaration: I hereby declare that the assignment submitted is an original piece of work produced by myself.

Signature: Date: 18 March 2024


Contents
Course/Intake ............................................................................................................................ 1
July 2023 Semester 2 ................................................................................................................. 1
Declaration: I hereby declare that the assignment submitted is an original piece of work produced by
myself. ...................................................................................................................................... 1
QUESTION 1.......................................................................................................................... 3
QUESTION 2.......................................................................................................................... 5
QUESTION 1

1)i
Ascending order:
2, 3, 5, 5, 7, 7, 10, 11, 11, 11, 12, 14, 14, 14, 15, 15, 18, 19, 19, 19, 20, 20, 22, 23, 25, 28, 29, 30,
31, 34.

A)2 x 2.50
=5

B)8 x 12.50
=100.00

C)4 x 22.50
=90.00

D)24 + 3
=27

E)5+30+100+105+90+82.50+97.50
=510

ii)
∑𝑓𝑚
Mean: 𝑥̅ = 𝑛
510
= 30

=17

iii) An OGIVE curve depicting the grouped data in Table 2!


Y (Cumulative Freq)
35

30

25

20

15

10

0
0 5 10 15 20 25 30 35 40
X (Upper limits)
QUESTION 2

2) i) 𝑥̅ =9
U=7.5 years
𝜎=2.5 years

𝑥−𝑈
𝑧= 𝜎
9−7.5
= 2.5

=0.6

z-table= 0.00 – 0.6


=0.2257

=0.5 – 0.2257
=0.2743

9−7⋅5
𝑃(𝑥 > 9)= 𝑝(𝑧 > )
2⋅5

= 𝑃(𝑧 > 0.6)


=0.5 – 0.2257
=0.2743
There is a 27.43% chance that a randomly selected audio speaker will work for more than 9 years
without any trouble.

2)ii
P= 27.43% = 0.2743
Q= 72.57% = 0.7257
N= 12
R= 7
𝑛!
× 𝑝𝑟 × 𝑞 𝑛−𝑟
𝑟(!𝑛−𝑟)!
12!
× 0.27437 × 0.72575
7!(12−7)!

=0.019
There is a likelihood of less than a 1% chance that exactly 7 out of the 12 audio speakers
purchased by the company will work for over 9 years without any problem.

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