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Business Statistics/Series-2-2011(Code3009)

Business Statistics/Series-2-2011(Code3009)

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Published by Hein Linn Kyaw

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Published by: Hein Linn Kyaw on Jun 06, 2012
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Model Answers
Series 2 2011 (3009)
For furtherinformationcontact us:Tel. +44 (0) 8707 202909Email. enquiries@ediplc.comwww.lcci.org.uk
LCCI International Qualifications
Business StatisticsLevel 3
 
 3009/2/11/MA
Page 1 of 18
Business Statistics Level 3
Series 2 2010
How to use this booklet
Model Answers have been developed by EDI to offer additional information and guidance to Centres,teachers and candidates as they prepare for LCCI International Qualifications. The contents of thisbooklet are divided into 3 elements:(1) Questions reproduced from the printed examination paper(2) Model Answers – summary of the main points that the Chief Examiner expected tosee in the answers to each question in the examination paper,plus a fully worked example or sample answer (where applicable)(3) Helpful Hints where appropriate, additional guidance relating to individualquestions or to examination techniqueTeachers and candidates should find this booklet an invaluable teaching tool and an aid to success.EDI provides Model Answers to help candidates gain a general understanding of the standardrequired. The general standard of model answers is one that would achieve a Distinction grade. EDIaccepts that candidates may offer other answers that could be equally valid. © Education Development International plc 2011All rights reserved; no part of this publication may be reproduced, stored in a retrieval system ortransmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwisewithout prior written permission of the Publisher. The book may not be lent, resold, hired out orotherwise disposed of by way of trade in any form of binding or cover, other than that in which it ispublished, without the prior consent of the Publisher.
 
 3009/2/11/MA Page 2 of 18
QUESTION 1
The Marketing Manager of an internet trading company has been investigating a possible link betweenthe different parts of the world and customer expenditure. A random sample of 1250 customersshowed the following distribution.
ExpenditureWorld RegionEurope AsiaNorthAmericaRest of theWorld
Under £200 60 90 115 35£200 andunder £750120 260 280 40£750 andover70 50 105 25(a) Test whether there is a significant association between different parts of the worldand customer expenditure.(12 marks)Before trading on the internet, the company operated a mail order business, and the percentagedistribution of customer expenditure was as follows:(b) Has the distribution of customer expenditure changed since the company changedtrading from mail order to the internet?(8 marks)
(Total 20 marks)Europe AsiaNorthAmericaRest of theWorld
19% 33% 40% 8%

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