You are on page 1of 15

Statistics

Statistics

 Data Interpretation
I. Mean
II. Median
III. Mode
IV. Quartile
V. Percentile
VI. Percentage
VII. Probability
 Standard Deviation
 Normal Distribution

1|Page
Statistics

Study the following line graph and answer the questions.

Exports from Three Companies Over the Years (in Rs. crore)

2|Page
Statistics

Average annual exports during the given


period for Company Y is approximately what
percent of the average annual exports for
Company Z?
A. 87.12%

B. 89.64%

C. 91.21%

D. 93.33%

3|Page
Statistics

In which year was the difference between the


exports from Companies X and Y the minimum?

A. 1994

B. 1995

C. 1996

D. 1997

4|Page
Statistics

In how many of the given years, were the exports from Company Z
more than the average annual exports over the given years?

A. 2

B. 3

C. 4

D. 5

5|Page
Statistics
The following pie-chart shows the percentage distribution of the
expenditure incurred in publishing a book.
Study the pie-chart and the answer the questions based on it.
Various Expenditures (in percentage) Incurred in Publishing a Book

if for a certain quantity of books, the publisher has to pay Rs. 30,600
as printing cost,
then what will be amount of royalty to be paid for these books?

A. Rs. 19,450

B. Rs. 21,200

C. Rs. 22,950

D. Rs. 26,150

6|Page
Statistics

20. Which of the following is closest to the mean of the prices of the
700 homes sold in 2012 and 2013 combined?
$265,000
$270,000
$275,000
$280,000
$285,000

21. By approximately what percent did the median price of homes sold
in County T decrease from 2011 to 2012?
10%
15%
25%
33%
50%

7|Page
Statistics

24. From 1930 to 1990, approximately what was the average increase
per year in per capita
income?
$150
$200
$250
$300
$350

25. In 1950 the revenue per student was approximately what percent
of the per capita income?
8%
11%
14%
17%
20%

8|Page
Statistics

26. For how many of the seven years shown was the revenue per
student less than 1/5 of the per capita income for the year?
One
Two
Three
Four
Five

9|Page
Statistics
Quartile
The company at which Mark is employed has 80 employees, each of
whom has a different salary. Mark’s salary of $43,700 is the second-
highest salary in the first quartile of the 80 salaries. If the company
were to hire 8 new employees at salaries that are less than the lowest
of the 80 salaries, what would Mark’s salary be with respect to the
quartiles of the 88 salaries at the company, assuming no other
changes in the salaries?

A The fourth-highest salary in the first quartile

B The highest salary in the first quartile

C The second-lowest salary in the second quartile

D The third-lowest salary in the second quartile

E The fifth-lowest salary in the second quartile

10 | P a g e
Statistics
Percentile
On a particular test Harry scored 46 percentile while Ron scored 27
percentile.

Quantity A: Quantity B:
The ratio of number of students who 0.5
scored less than Ron to the number
of students who scored the same or
higher than Harry

11 | P a g e
Statistics

Standard Deviation & Normal Distribution

12 | P a g e
Statistics

13 | P a g e
Statistics

14 | P a g e
Statistics
A random variable Y is normally distributed with a mean of 200
and a standard deviation of 10.

Quantity A Quantity B

The probability of the event


that the value of Y is 1/6
greater than 220

15 | P a g e

You might also like