Business Statistics

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Business Statistics

Attribution Non-Commercial (BY-NC)

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Center for Applicable Mathematics & Statistics UCP Business School University of Central Punjab

Chapter 1

1: The food services division of KFC is studying the amounts of families who visit KFC spend per day on food and drink. A sample of 50 families is selected who visited yesterday spent the following amounts. Construct the frequency distribution table and plot frequency polygon of the data. 2: The manager of Metro Pakistan gathered the following information on the number of times a customer visits the store during a month. The responses of 40 customers were: Construct the frequency distribution table and plot histogram of the data. 3: KenLube, the oil company has number of outlets in the metropolitan area of Lahore. The numbers of oil changes at one of its outlet in the past 45 days are: Construct the frequency distribution table and plot frequency polygon of the data. 4: The food services division of KFC is studying the number of families who visit KFC for lunch per day. A sample of 40 days in spring 2012 is selected and the count for the number of families is as follows: Construct the frequency distribution table and plot histogram of the data. 5: The amount (in thousands) drawn by ATM transactions per day was recorded at 55 locations in a city are as follows: . Construct the frequency distribution table and plot frequency polygon of the data. 6: The food services division of KFC is studying the amounts of time that families spend when they visited their nearest KFC outlet. A sample of 40 families is selected who visited yesterday spent time in minutes at outlet is as follows: Construct the frequency distribution table and plot histogram of the data.

Center for Applicable Mathematics & Statistics UCP Business School University of Central Punjab

7: The National Bank of Pakistan selected a sample of 40 student checking accounts. Below are the end-of-the-month balances: Construct the frequency distribution table and plot frequency polygon of the data. 8: The food services division of KFC is studying the amounts of families who visit KFC spend per day on food and drink. A sample of 40 families is selected who visited yesterday spent the following amounts: Construct the frequency distribution table and plot histogram of the data. 9: The number of ATM transactions per day was recorded at 55 locations in a city are as follows:

. Construct the frequency distribution table and plot frequency polygon of the data. 10: The manager of Metro Pakistan gathered the information about the amount (in thousand rupees) spend by customers on kitchen items during a month. The responses of 50 customers were: Construct the frequency distribution table and plot histogram of the data. 11: The National Bank of Pakistan selected a sample of its 40 branches in Pakistan. Following is the figure about the number of new accounts opened during the last month: Construct the frequency distribution table and plot frequency polygon of the data. 12: KenLube, the oil company has number of outlets in the metropolitan area of Lahore. The company count the number of days during the two oil changes of a repeated customer. Following data is collected from 45 customers: Construct the frequency distribution table and plot histogram of the data. 13: A multinational Bank in Pakistan is offering Auto Finance facility to its clients. The bank gathered the data about the number of cars financed during the last 6 months at its 40 selected branches as follows: Construct the frequency distribution table and plot frequency polygon of the data. 14: The food services division of KFC is studying the amounts of families who visit KFC spend per day on food and drink. A sample of 40 families is selected who visited yesterday spent the following amounts.

Center for Applicable Mathematics & Statistics UCP Business School University of Central Punjab

Construct the frequency distribution table and plot histogram of the data. 15: The number of ATM transactions per day was recorded at 55 locations in a city are as follows: 165, 135, 149, 225, 250, 130,165, 240, 155, 152, 276, 248, 325, 147, 232, 140, 82, 265, 168, 90, 114, 172, 230, 142, 86, 125, 235, 212, 169, 151, 156, 162, 118, 139, 249, 232, 202, 262, 226, 216, 195, 127, 261, 235, 172, 152, 220, 229, 119, 87, 128, 226, 161, 235 and 160. Construct the frequency distribution table and plot frequency polygon of the data. 16: The manager of Metro Pakistan gathered the information about the amount (in thousand rupees) spend by customers on kitchen items during a month. The responses of 50 customers were: Construct the frequency distribution table and plot histogram of the data. 17: The National Bank of Pakistan selected a sample of its 40 branches in Pakistan. Following is the figure about the number of new accounts opened during the last month: Construct the frequency distribution table and plot frequency polygon of the data. 18: KenLube, the oil company has number of outlets in the metropolitan area of Lahore. The company count the number of days during the two oil changes of a repeated customer. Following data is collected from 45 customers: Construct the frequency distribution table and plot histogram of the data. 19: A multinational Bank in Pakistan is offering Auto Finance facility to its clients. The bank gathered the data about the number of cars financed during the last 6 months at its 40 selected branches as follows: Construct the frequency distribution table and plot frequency polygon of the data. 20: The food services division of KFC is studying the amounts of families who visit KFC spend per day on food and drink. A sample of 40 families is selected who visited yesterday spent the following amounts. Construct the frequency distribution table and plot histogram of the data. 21: The manager of Metro Pakistan gathered the following information on the number of times a customer visits the store during a month. The responses of 40 customers were:

Center for Applicable Mathematics & Statistics UCP Business School University of Central Punjab

Construct the frequency distribution table and plot frequency polygon of the data. 22: KenLube, the oil company has number of outlets in the metropolitan area of Lahore. The numbers of oil changes at one of its outlet in the past 45 days are: Construct the frequency distribution table and plot histogram of the data. 23: The food services division of KFC is studying the number of families who visit KFC for lunch per day. A sample of 40 days in spring 2012 is selected and the count for the number of families is as follows: Construct the frequency distribution table and plot frequency polygon of the data. 24: The amount (in thousands) drawn by ATM transactions per day was recorded at 55 locations in a city are as follows: Construct the frequency distribution table and plot histogram of the data. 25: The food services division of KFC is studying the amounts of time that families spend when they visited their nearest KFC outlet. A sample of 40 families is selected who visited yesterday spent time in minutes at outlet is as follows: Construct the frequency distribution table and plot frequency polygon of the data. 26: The National Bank of Pakistan selected a sample of 40 student checking accounts. Below are the end-of-the-month balances: Construct the frequency distribution table and plot histogram of the data. 27:

The number of ATM transactions per day was recorded at 50 locations in a city are as

follows:

Construct the frequency distribution table by taking classes as 80 129, 130 179, etc. and hence plot cumulative frequency polygon of the data.

28:

The following table shows percentage returns over five years of 55 corporate bond funds:

Center for Applicable Mathematics & Statistics UCP Business School University of Central Punjab

78.3 83.1 57.5 98.1 78.2 78.6 83.6 85.6 93.4 71.5 88.3 99.7 83.5 63.8 96.8 75.4 79.2 77.4 83.8 63.0 69.5 75.6 94.4 95.5 93.7 81.7 92.0 81.5 62.6 46.9 73.8 92.3 69.0 88.3 83.2 85.3 82.1 84.2 86.3 79.6 90.3 77.6 94.3 83.6 74.2 94.7 90.4 77.5 86.5 106.3 121.3 Construct frequency distribution by using appropriate class size and draw histogram. Following is the distribution of marks obtained by 50 students in English. Make a frequency distribution. Also draw its frequency polygon.

29:

Marks No of Students

X>0 50

X>10 46

X>20 40

X>30 20

X>40 10

X>50 3

The following ungrouped frequency distribution was used to represent the size of families.

30:

No of Children No of Women

0 25

1 21

2 15

3 8

4 5

5 3

a) Which row represents the size of families? And the Frequency of those sizes? b) Construct a frequency histogram.

31:

Weights of 100 students of a BBA class are given below: Weights (Kg) Number of students 60 - 62 63 65 5 18 66 - 68 40 69 - 71 25 72 - 74 10 75 - 77 2

Represents the data of weight of students through histogram and a frequency polygon?

The following data gives the frequency distribution of the lifetimes in hours of 400 light bulbs tested at a certain company. Draw ogive for the lifetime of light bulbs.

32:

Lifetime No of Bulbs 300-399 74 400-499 46 500-599 58 600-699 77 700-799 68 800-899 55 900-999 22

The following are the amounts for food and lodging claimed on expense accounts of a sample of 12 salespersons for same day. For these data plot Histogram.

33:

Salesperson

10

11

12

Center for Applicable Mathematics & Statistics UCP Business School University of Central Punjab

Amount in $ 55

34:

84

63

57

52

70

56

74

66

68

64

68

Following table shows the frequency distribution of the number of years with their last employer of 70 persons who recently retired from their jobs. We wish to Cumulative Frequency Curve. No. of Years 09 No. of Persons 8

35: 36: 37: 38: 39: 40:

10 19 13

20 29 15

30 39 21

40 49 10

50 59 3

Center for Applicable Mathematics & Statistics UCP Business School University of Central Punjab

30:

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