CIMA PAPER C3 – BUSINESS MATHEMATICS6
GROUPED FREQUENCY DISTRIBUTIONS
One of the primary roles of a management accountant is to communicate technical data toothers. Complicated data is more meaningful and easier to understand if it is effectivelypresented. In this session we shall learn about various ways to collate, present, analyse andsummarise data.Data that is unstructured is difficult to understand. Ungrouped data may be known as
data.It is often useful to group the data together into appropriate categories. This will give the user an overview of the information.
Below are the ages of 25 accountancy students:19 25 19 32 2225 27 21 27 2128 33 23 21 2418 21 26 18 2624 24 24 26 29Group the data into appropriate categories.
Space is provided below for your solution.
Age (years) Tally count Number of students
18 – 2021 – 2526 – 3031 - 35Total number: A
grouped frequency distribution
is simply a table of collated data with various categoriesand a frequency column indicating the number of items in each category.
Discrete and continuous data
All data is classed as being either discrete or continuous. It is important to distinguish betweendiscrete and continuous data when forming a grouped frequency distribution.
– this data can only take specific values, usually integers (whole numbers); for example: number of children in a family, number of rejected items produced, etc. We tend to
discrete data. The information in Question 1 is discrete data.
– this data can take any value, including fractions, for example: height,temperature, speed, etc. We tend to