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CLASS-WORK

1. Give specific examples of data that might be gathered from each of the following business disciplines and the industry.

Functional Areas :- Accounting, Finance, Production, Marketing,

Industry: Manufacturing, Agriculture, Insurance, Banking, Travel,  Healthcare

2. The following is the marks obtained by students in Statistics:-

105

133    

127

110

129

118

148

73

87

108

79

103

144

78

98

101

142

98

99

86

94

101

115

79

144

132

136

101

111

88

94

125

110

126

147

80

103

99

107

80

127

138

116

94

123

75

124

106

93

96

a. Construct a frequency distribution for the data using a class interval of ten. 

b. Find relative frequencies of each categories.

c. Find Cumulative Frequencies.

d. Construct a Histogram

e. Construct a Frequency Polygon

f. Construct an Ogive

(For question Number 3,4,5,6 find all the measures of central tendency and measures of variation/dispersion)

3. Consider the following data concerning the number of defects being produced by a manufacturing unit

65

67

71

67

69

65

70

71

67

66

71

72

67

66

68

(Median is the value at {(n+1)/2th} observation. Percentile:- Pith percentile occurs at {Pi=(i xn)/100} value. (i) in case this value is a whole number then the Pith percentile is the average of the value occurring at the whole number and the next higher whole number. (ii) in case this multiplication is not a whole number then the Pith percentile occurs at the next higher whole number value of data arranged in ascending order)

4. The rain fall (In mm)  in Delhi in the first days of the month of June was as follows:-

65.22, 65.45, 66.62, 65.22, 65.22, 63, 67.82, 63, 64.12, 63

5. A random sample of voters in Delhi, is classified by age group, as shown by the following data.

Age Group

Frequency

18

-

under

24

80

24

-

under

30

85

30

-

under

36

89

36

-

under

42

98

42

-

under

48

96

48

-

under

54

93

54

-

under

60

95

60

-

under

66

84

66

-

under

72

78

6. The students were asked to rate " how important is price in choosing a laptop/mobile". The rating was to be given on a scale measuring 1 to 5 with the following annotations

1

2

3

4

5

Highly Unimportant

Unimportant

Neither Important nor Unimportant

Important

Highly Important

The scores obtained from the survey of 50 students is as follows :

PRICE RATING

FREQUENCY (f)

1

65

2

66

3

73

4

78

5

83

TOTAL

n=Σf= 365

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M93065136

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