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MU CBE Marketing Management Business Stat.

Group Assignment

1. The mean of four numbers is 70. When a fifth number is included. The mean of the five
numbers is 80. What is the fifth number?
2. The arithmetic mean of 25 students in first quiz test is 4.8. Find the number of students
scoring 3 and 8. The results of students is summarized as follow;

Test Score 1 2 3 5 6 8
Number of Students 3 3 X 2 10 y
3. The average weight of a class of 30 students is 60kg. If the mean weight of the boy is
65kg and the mean weight of the girls is 50kg. How many boys and girls are there in the
class?
4. The mean monthly salary of ten workers in a factory is Birr 4450. One more worker joins
the factory. If the monthly salary of the new worker is Birr 5000. What is the mean salary
of all workers in the factory?
5. The following data shows the number of books sold in XYZ Book distributor

30 25 30 31 22 29 60 22 32 29
28 30 68 29 22 30 30 28 30 26
30 31 32 29 29 30 31 20 30 22
a) Organize the data in to discrete frequency distribution and compute mean,
median, mode, Q2, D6, P45, range, IQR, QD, CoQD, Deviation from mean, median
& mode, variance and standard deviation.
b) Organize the data in to continuous frequency distribution and compute class
boundary, class mark, R/F, R/f in %, cumulative frequency in %, mean, median,
mode, Q1, D8, P70, range, IQR, QD, CoQD, Deviation from mean, median &
mode, variance and standard deviation.
c) Compare the results of a) and b) then provide your comment.
6. In ABC firm there are 40 skilled workers earning an average wage of Birr 500 per month
and 60 unskilled workers earning an average wage of Birr 300 per month. What is the
average wage of a worker in this firm?
7. The following data have been arranged in ascending order: 12, 14, 17, 20, 22, x, 26, 28,
32, and 36.
If the median of the data is 23, find the value of x.
8. The mean of 5 numbers is 18, if one number is excluded, their mean is 16.
Find the excluded number.
9. The mean weight of 60 students of a class is 52.75 kg. If the mean weight of 25 students
of this class is 51 kg, find the mean weight of the remaining 35 students of the class.
10. The mean of the marks secured by 25students of section A of class X is 47 and that of 35
students of section B is 51 and that of 30 students of section C is 63.
Find the mean of the marks of the students of 3 sections of class X.
11. Suppose the mean wage of 100 workers is Birr 340. But the wages of two workers were
wrongly noted as Birr 325 and Birr 305 respectively. What is the correct mean wages of
workers?
12. The following data shows the results of 32 students with a mean score of 28 in certain
course. Find the number of students missed in the data.

Submitted on/before/:- 03 March 2017


MU CBE Marketing Management Business Stat. Group Assignment

Test result 6 14 15 23 24 32 33 41 42 50
No of students x 9 7 y 5

13. A distribution having 6 classes has constant class width. If the class marks of the third
class and fifth class are 15 and 25 respectively; find the class boundaries of the
distribution.
14. The average salary of 20 individuals working in a small scale industry was Birr 1000. But
five qualified persons were employed and then increased the average salary in to Birr
1200. What was the mean salary of the newly employed persons?
15. ABC Company surveyed its prospective buyers by recording their gender and age. The
following table summarizes the result of the survey:
Age
Sex Under 35 b/n 36 & 54 Over 55 Total
Male 27 87 26 140
Female 14 25 3 42
Total 41 112 29 182
If you randomly select what is the probability that will be;
a) Male?
b) B/n ages of 35 and 54?
c) Both male and b/n the ages of 35 and 54?
d) Both female and over 55?
e) Either male or b/n ages of 35 and 54
f) Either female or over 55?
g) Male, given that they are under 35?
h) Male, given that they are over 55?
i) Over 55, given that they are male?
j) Over55, given that they are female?
16. In certain organization there were 40 employees the highest salary of the employee was
1,998 and the lowest salary was 800.
a) If you want to organize the data in to continuous frequency distribution, how
many classes would you recommend?
b) What are the LCL and UCL of 2nd and 3rd class respectively?
c) Compute class mark of 6th and 8th class.
d) What are the lower class boundary and upper class boundary of 3rd and 4th class?
17. Certain company trying to encourage women to fill the executive positions. For the last
batch of executive trainees, it wishes to fill 7 vacancies with 5 women and 2 men. The
company has 7 women and 8 men. In how many ways the vacancies will be filled, using
principles of combination?
18. Suppose Zangena textile factory produces different types of clothes. To produce this cloth
the company buys raw material from two different suppliers, the company acquires 30%
of its raw material from supplier A, and the remaining raw material from supplier B.

Submitted on/before/:- 03 March 2017


MU CBE Marketing Management Business Stat. Group Assignment

Some of the raw material the company buy are defectivethe defective rate is 6% for
supplier A, 4% for supplier B; one of these raw material is chosen at random; what is the
probability that...
a) The overall raw material is defective?
b) The raw material is not defective?
c) The raw material came from supplier A given that it is defective?
d) The raw material came from supplier B given that it is defective?
e) The raw material came from supplier A given that it is not defective?
19. Assume that the monthly expenditures of 500 families of a certain economic group are
normally distributed with a mean of Birr 300 and a standard deviation of Birr 50 per
week.
a) What percent of the expenditure is in b/n birr 300 and 350 per week?
b) What percentage of the expenditures is in b/n birr 153 and 250 per week?
c) What percentage of the expenditures is less than birr 217 per week?
d) What percentage of the expenditure is in b/n birr 212 and 397 per week?
e) How many families will expend more than birr 398 per week?

20. A tire manufacturer wants to estimate the average number of miles that may be driven on
a tire of a certain type before the tire wears out. A random sample of 32 tires is chosen;
the tires are driven on until they wear out, and the number of miles driven on each tire is
recorded. The data in thousands of miles are summarized as follows:
32, 33, 28, 37, 29, 30, 25, 27, 39, 40, 26, 26, 27, 30, 25, 30, 31, 29, 24, 36, 25, 37, 37, 20,
22, 35, 23, 28, 30, 36, 40, 41.
a) Construct 99% confidence interval and interpret the result.
21. A group of young businesswomen wish to open a high fashion boutique in a vacant store,
but only if the average income of households in the area is more than $45,000. A random
sample of 9 households showed the following results.
48,000, 44,000, 46,000, 43,000, 47,000, 46,000, 44,000, 42,000, 45,000.
a) Can they open the boutique in the area or not? Test at 0.01 level of significance.

22. The following data shows the scores of examination on in certain course
Male: 72, 69, 98, 66, 85, 76, 79, 80, 77.
Female: 81, 67, 90, 78, 81, 80, 76.
a) Is there difference between the mean score of male and female? Test at 98%
confidence level.
b) Is the mean score of female is higher than male? Test at 0.01 level of significance.

Submitted on/before/:- 03 March 2017