NAME 1. Differentiate between parameter and statistic. 2. Write down the parts of the table 3. The following national weather report gives the temperatures and weather conditions on the previous day in cities across the nation. a. b. c. d. e. City Hi Lo Condition Albany, N.Y. Chicago Dallas-Ft.Worth Denver Hartford Honolulu Kansas City Los Angeles Nashville New York City Philadelphia 88 92 89 75 88 86 93 80 94 90 90 60 64 72 54 61 70 74 62 72 69 67 cloudy clear cloudy clear cloudy clear clear cloudy rain rain rain How many elements are in this data set? How many variables are in this data set? How many observations are there in the above data set? Which variables are categorical and which are quantitative? What measurement scale is used for temperature and weather conditions? 4. The following data shows the students in millions on rolls at school/university stage in India according to different class groups and gender for the year 1970-71 as on 31st March Stage Boys Girls Total Class I to V 35.74 21.31 57.05 Class VI to VIII 9.43 3.89 13.32 Class XI to XI 4.87 1.71 6.58 University/College 2.17 0.64 2.81 Represent the data by (i) Component Bar Diagram (ii) Multiple Bar diagram 5. Draw Histogram for the following frequency distribution, frequency polygon Variable: 10-20 20-30 30-40 40-50 50-60 60-70 70-80 Frequency: 12 30 35 65 45 25 18 NAME 1. Mention the ways of classifying the data 2. What do you mean by outliers? Give an example 3. The following information regarding the ten richest Americans was reported in a recent issue of Forbes. Name Gates, William Buffett, Warren Adelson, Sheldon Ellison, L. J. Brin, Sergey Page, Larry Kerkorian, Kirk Dell, Michael Koch, Charles Koch, David a. b. c. d. e. Ranking 1 2 3 4 5 5 7 8 9 9 Worth ($Billions) 59.0 52.0 28.0 26.0 18.5 18.5 18.0 17.2 17.0 17.0 Age 51 77 74 63 34 34 90 42 71 67 Marital Status married married married married married single divorced married married married Source Microsoft Berkshire Hathaway casinos, hotels Oracle Google Google investments, casinos Dell oil, commodities oil, commodities How many elements are in the above data set? How many variables are in this data set? How many observations are in this data set? Which variables are categorical and which are quantitative? What measurement scale is used for each variable? 4. The weekly observations on cost of living index in a certain city for the year 2000-2001 are given below: COL Index : 140-150 150-160 160-170 170-180 180-190 190-200 No. of workers : 5 10 20 9 6 2 Prepare ‘less than’ and ‘more than’ cumulative frequency distributions and draw a suitable diagram 5. Following are the marks obtained by 24 students in English and economics in a test. (15,13) (0,1) (1,2) (3,7) (16,8) (2,9) (18,12) (5,9) (4,17) (17,16) (6,6) (19,18) (14,11) (9,3) (8,5) (13,4) (10,10) (13,11) (11,14) (11,7) (12,18) (18,15) (9,15) (17,3) Taking class intervals as 0-4, 5-9, etc, for both X and Y, Construct i.Bivariate Frequency Table ii.Marginal Frequency Tables of X and Y NAME 1. Differentiate between Population and Statistic 2. Write down the functions of classification 3. The highway patrol is interested in determining the average speed of automobiles traveling on I-75 between Chattanooga and Atlanta. To accomplish this task, the speed of every tenth car passing a particular point on I-75 is recorded. a. b. c. d. What is the population for this study? What constitutes the sample? Is speed a categorical or a quantitative variable? What type of measurement scale is used? 4. A portfolio contains 50 stocks whose prices are given below. Summarize these stock prices in the form of a frequency distribution. Also calculate the relative frequency distribution. 67 34 36 48 49 31 61 34 43 45 38 32 27 61 29 47 36 50 46 30 40 32 30 33 45 49 48 41 53 36 37 47 47 30 50 28 35 35 38 36 38 43 34 62 69 50 28 44 43 60 5. Represent the following data by a deviation Bar diagram Year Income (in Crores Expenditure (in Crores Rs) Rs) 1994 15 18 1995 16 17 1996 17 16 1997 18 20 1998 19 17 1999 20 18 NAME 1. Write down the applications of statistics in business. 2. Differentiate between Descriptive statistics and inference statistics. 3. The following information regarding a sample of seven students is provided. Student Adam Brandon Jason Marissa Michelle Wendy Webster a. b. c. d. e. Identification number 1234 8978 6578 2345 8901 7789 6780 Grade Point Average 2.89 2.01 3.97 3.98 2.67 4.00 3.77 Classification Gender Senior Junior Freshman Sophomore Senior Senior Freshman Male Male Male Female Female Female Male Rank in Class 15 25 3 2 18 1 4 How many elements are in the above data set? How many variables are in this data set? How many observations are in this data set? Which variables are categorical and which are quantitative variables? What measurement scale is used for each variable? 4. In a degree colleges of a city no teacher is less than 20 years or more than 60 years in age. Their cumulative frequencies are as follows. Age (Less than) : 60 55 50 45 40 35 30 25 Cumulative frequency 980 925 810 675 535 380 220 75 Find the frequencies in the class intervals 25-30, 30-35,… 5. A company wants to pay daily bonus to its employees. The bonus is to be paid as under: Daily salary (Rs): 100-200 200-300 300-400 400-500 500-600 600-700 Daily Bonus (Rs): 10 20 30 40 50 60 Actual daily salaries of the employees in rupees are as under: 175, 225, 375, 478, 525, 650, 570, 451, 382, 280, 375, 465, 530, 480, 320, 515, 225, 345, 471, 450 Find out the total daily bonus paid to the employees. NAME 1. Define Statistics and its scope 2. Write down the various levels of measurement along with an example 3. Michael, Inc., a manufacturer of electric guitars, is a small firm with 50 employees. The table below shows the hourly wage distribution of the employees. Hourly Wages (In Dollars) 10 - 13 14 - 17 18 - 21 22 - 25 Number of Employees 8 12 20 10 a. How many employees receive hourly wages of at least $18? b. What percentage of the employees has hourly wages of at least $18? c. What percentage of the employees has hourly wages of less than $14? 4. Construct a. Bivariate Frequency Table b. Marginal Frequency Tables of L and M L 1 2 3 6 2 3 4 5 9 6 5 4 6 9 8 7 10 M 600 610 620 630 640 650 680 690 680 690 660 700 720 710 730 740 710 L 7 7 9 8 11 13 16 11 10 13 13 16 M 730 700 750 780 760 760 750 780 800 830 850 880 5.A survey of 400 college seniors resulted in the following crosstabulation regarding their undergraduate major and whether or not they plan to go to graduate school. Undergraduate Major Graduate School Business Engineering Others Total Yes 35 42 63 140 No 91 104 65 260 Total 126 146 128 400 a. Are a majority of the seniors in the survey planning to attend graduate school? b. Which discipline constitutes the majority of the individuals in the survey? c. Compute row percentages and comment on the relationship between the students' undergraduate major and their intention of attending graduate school. d. Compute the column percentages and comment on the relationship between the students' intention of going to graduate school and their undergraduate major.