Republic of the Philippines

CAMARINES NORTE STATE COLLEGE

F. Pimentel Avenue, Brgy. 2, Daet, Camarines Norte – 4600, Philippines

College of Business and Public Administration

ELECTIVE 101 – Economics Statistics
1st Semester, AY 2020 – 2021
Prelim Examination

Name: Carmen V Gadil Score:

Course, Year Level & Block Section: BSBA BE-3A Date: October 2 2020

A. Some variables are listed in the table below. Identify their type and level of measurement. Write
your answer in another sheet of paper.

Variables a.Type b. Level of Measurement

1. zip code Qualitative Nominal
2. Size of t-shirt Qualitative Ordinal
3. Speed of a car Quantitative Ratio
4. bank account Qualitative Nominal
5. Entrance exam score Quantitative Interval

B. The following is a list of Marco’s Pizza stores in Lucas City. Also noted is whether the store is
corporate-owned© or manager-owned (M). A sample of 5 location is to be selected and inspected
for customer convenience, safety, cleanliness and other features.

1. What is the total number in the population?

Answer: 24
2. A sample is to consist of every seventh location. The number 03 is the starting point. Which
locations will be included in the sample?

Answer: 03 630 Dixie Hwy

04 3510 Dorr St
05. 5055 Glendale Av
06. 3382 Lagrange
07. 2525 W. Laskey Rd

3. What sampling techniques was used in numbers 2? Why?

Answer : Non- Probality sampling because some of elements have no chance to select.

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 Republic of the Philippines
CAMARINES NORTE STATE COLLEGE
F. Pimentel Avenue, Brgy. 2, Daet, Camarines Norte – 4600, Philippines

College of Business and Public Administration

ELECTIVE 101 – Economics Statistics
1st Semester, AY 2020 – 2021
Prelim Examination

C. The following data and pie chart is the expenses of Lucky Lottery Inc. in 2019.

1. What makes the largest expense of the company? By how much?

Answer: Prizes (1,148.1)

2. How much is the combined expenses for payments to education and bonuses/commissions?
Answer: 761.8

3. If operating expenses is increased by $5 million. How does will it affect the expenses distribution of
Lucky Lottery Inc.? Operating expense will be having a highest in percent of share.And the profit will
decrease .

D. The following is the number of minutes to commute from home work for a sample of aerospace
workers in JN High School.

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 Republic of the Philippines
CAMARINES NORTE STATE COLLEGE
F. Pimentel Avenue, Brgy. 2, Daet, Camarines Norte – 4600, Philippines

College of Business and Public Administration

ELECTIVE 101 – Economics Statistics
1st Semester, AY 2020 – 2021
Prelim Examination

1. How many classes would you recommend?

Answer: 25
2. What class size would you suggest?
Answer: 6
3. What is the lower limit of the first class?
Answer: 16
4. Formulate all the class interval

Class Interval

16-21

22-27

28-33

34-39

40-45

46-51

5. Organize the data into a frequency distribution.

CClass Interval Tally Frequency
16-21 III 3
22-27 IIII-I 6
28-33 IIII-III 8
34-39 IIII 4
40-45 III 3
46-51 I 1
Total 25

Prepared by:
Maria Elena A. Bidar, M.Math.Ed.
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 Republic of the Philippines
CAMARINES NORTE STATE COLLEGE
F. Pimentel Avenue, Brgy. 2, Daet, Camarines Norte – 4600, Philippines

College of Business and Public Administration

ELECTIVE 101 – Economics Statistics
1st Semester, AY 2020 – 2021
Prelim Examination

Faculty

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