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MEPFC 114

Assignment 1
TBS July 22, 2017

1. What is the median of the following set of data?


1, -1, 2, -2, 3, -3, 4, -4, 5, -5, 6, -6, 7, -7

2. Which of the following sets of data has the highest variability relative to the mean?
a. 10, 15, 19, 26, 28, 34, 48, 55
b, 62, 65, 68, 71, 75, 76, 79, 80
c. 120, 120, 124, 125, 128, 128

3. Listed below are the average monthly incomes in pesos of Filipino families for each of the 13
regions in the country: Determine the ungrouped mean, median and modal monthly income.
Which of the three measures best describes the data? Why?
1249.50 7500.00 20.000.00
2250.00 7249.00 10,250.00
5249.00 8250.00 2250.00
6250.00 9249.00 6250.00
6500.00

4. During the dry season, when there is a peak of construction activity, shortages of cement and
consequent price fluctuations occur. A materials purchaser for a construction firm makes a
random check on 15 cement dealers and obtains the following prices in pesos per 45 kg bag of
cement:
105, 105, 105, 110, 110, 115, 115, 120, 120, 120, 125, 125, 130, 130, 135
What is the current price range of a 45 kg bag of cement?
Compute for the standard and mean deviations of the given data.

5. The IQ distribution of first year Engineering students has a mean of 120 and a standard deviation
of 8. Use Chebyshev’s theorem to determine the interval containing
At least three-fourths of the IQs
At least what percentage of these scores must lie between 104 and 136?

6. A real estate broker is in charge of selling lots in two new subdivisions. The mean selling price of
a lot in Jade Park Village is P250,000 with a standard deviation of P15,000. In Ruby Valley
Subdivision, the mean price is P300,000 and the standard deviation is P25,000. Which subdivision
has the larger variation in lot prices?

7. Shown below are John’s scores, mean, and the standard deviation of each of the three tests given
to 1000 students. On which test did John stand highest? Lowest?

Test Mean Std. Deviation John’s Score


Math 47.2 4.8 53
English 64.2 8.3 71
Physics 75.4 11.7 72
8. By stopwatch method, the completion time for a particular task in an assembly line is measured
for a sample of 40 workers. The results are summarized below. The production manager has
determined that a median completion time of 3.75 minutes or less is acceptable. He would
however pull out workers for further training if the median time is found to be greater than 3.75
minutes. Will training be necessary?