Centre for Open and Lifelong Learning

Assignment Book
ALL PARTICULARS REQUIRED MUST BE PROVIDED BY STUDENT
Student Number 2 1 5 0 2 3 5 2 8 ID Number 9 6 0 7 0 2 0 0 3 3 0
Name and Surname O t t o T a n g e n i S i l v a n u s
Course (e.g. Introduction to Mathematics) B a s i c B u s i n e s s S t a t i s 1 B
Course Code (e.g. ITM111S) B B S 1 1 2 s
Assignment Number 2
Student’s Tel. Number:0818054386
Marker-Tutor’s Name:Charles Mbazuvara
Due Date of Assignment:13 OCT 2023
Refer to Information Manual for Distance Education Students/Yearbook

Extended due date of assignment in

case of study material issued late

DATE STAMP (RC, CAS)

Indicate your centre with an X
Gobabis STATEMENT BY STUDENT
Katima Mulilo • I declare that I have read the current rules and
Keetmanshoop instructions on submission of assignments and
undertake to comply with these rules.
X Ongwediva
• I declare that this is my own, original work
Opuwo prepared specifically for this course and that all
Otjiwarongo the sources I have used or quoted have been
indicated and acknowledged by means of
Outapi complete references.
Rundu • I declare that I have read the current rule AC 3.2
Tsumeb on academic honesty and integrity and
undertake to comply with this rule.
Walvis Bay
Windhoek COLL Office Student’s Signature .........................................................................................

REGIONAL CENTRE DATE STAMP COLL WINDHOEK DATE STAMP

SEE MARKER-TUTOR’S COMMENTS ON LAST

PAGE

%
Marker-Tutor’s Signature:
=

Date Marked: Marks Awarded

 Rules for the submission of
assignments

(a) Indicate your student number, course name and course code, e.g. Introduction to Mathematics, ITM111S, and the
assignment number on the assignment cover page before submission of an assignment.
(b) Number the assignment with the same number appearing in the tutorial letter. For example, Assignment 02 should be
numbered “02”. Use one Assignment book for each assignment. Handwritten assignments should be in black ink only.
(c) Adhere to due dates. Assignments that are submitted after the due date will be returned unmarked and may not be
resubmitted.
(d) Medical and humanitarian reasons are the only reasons accepted for the late submission of assignments. Late
submission of assignments will only be approved 7 days (including public holidays and weekends) after the due date.
Valid documentary proof must be attached as part of the assignment before any late submission will be considered, if
not it will be returned unmarked and may not be submitted. Travelling, workshops, job related activities and
conferences are not valid excuses for late submission of assignments.
(e) Distance Education students will have the opportunity to write a 2nd opportunity/make-up test on the pre-determined
dates similar to full-time and part-time students if they were unable to write or fail the scheduled tests as set out in
the Information Manual or Distance Education Students, the Pocket Guide and in the Tutorial Letter. There will be no
provision made to any student if he/she failed to write the 2nd opportunity/make up test.
(f ) Assignments based on wrong instructional material and tutorial letters will not be marked.
(g) Ensure that all information as requested on the assignment cover is completed and correct. Incorrect or incomplete
information will prevent it from being accepted for marking. This also applies to submitted CDs. All information
must be on the CD itself.
(h) Marked assignments will be scanned and e-mailed to students on their generic e-mail address received upon
registration.
Students therefore need to check e-mails on a regular basis. No hardcopies of assignments/tests will be returned to
students. Assignments will be returned via generic e-mail address and should not be collected at the COLL offices.
(i) Students may send assignments via e-mail. Students should download the Electronic Assignment Book available in
MS Word format from http://www.nust.na/centres/docs/coll/coll_assbook.doc to complete assignments. Ensure that
all information as requested on the assignment cover is completed and correct. Incorrect or incomplete information
will prevent it from being accepted for marking. After completion of the assignment, email the Electronic Assignment
Book as an attachment to: collassignments@nust.na
(j) Completed assignments must never be emailed/submitted to the relevant Marker-Tutor, Student Support Officer or the
Store and Dispatch Officer.
(k) Always supply sufficient stamps when posting your assignments. Students who use express post for mailing their
assignments must pay the costs attached to this service themselves. The Namibia University of Science and
Technology will not pay penalties for assignments with insufficient postage. Such assignments will be returned
unmarked to the students. Posted/couriered assignments received after the due date of the assignment will be
returned unmarked.
(l) Warning: Any loose pages increase the possibility for loosing assignment marks.
(m) Students living in the vicinity of Windhoek and who prefer to submit their assignments personally should drop them
in the COLL assignment box located at the COLL building. Students living in the vicinity of Regional Centres should
preferably submit their assignments at these Centres.
(n) Students are encouraged to form study groups to discuss their studies, but identical assignments by different
members of a study group are not acceptable. Copying assignments constitutes a transgression of the Student
Regulations of the Namibia University of Science and Technology.
(o) Students found guilty of copying assignments will be awarded zero (0) for such an assignment.
(p) Upon submission of assignments, students have to acknowledge by means of complete referencing, all sources used
and/or quoted. Students found guilty of plagiarism will be penalised and may be awarded zero (0).
(q) A student, who has strong reasons to believe that an assignment mark may be incorrect, may apply that such mark
be re-checked, regardless of the mark obtained. An application for a re-check must be directed to the Director: COLL
on or before the last working day of May for the examinations taking place in June and on or before the last working
day of October for the examinations taking place in November. Applications must be accompanied by a full
motivation explaining why a re-check is sought. Such a re-check shall not necessarily lead to a re-mark of the
assignment, unless so determined by the Marker-Tutor conducting the re-check. Applications for re-check based on
 requests to be condoned for admission to the examination will not be considered.
(r) No comments or assignments/test results will be announced by telephone.

Assignment 2

Question 1

(a) (n-1)s^2/ x^2 a/2,n-1 < σ^2< (n-1)s^2/ x^2 1-a/2,n-1

x̄ = ( Σ xi ) / n
=(61+63+64+65+65+67+71+72+73+74+75+77+79+80+81+82+83+83+84+85+89+95+95)=2127.16/23=76.65

s2=∑ni=1(xi−x¯)2n−1= (61-76.65=-15.65^2=224.92)(63-76.65=-13.65^2=186.32)(64-76.65=-12.65^2=160.02)
(65-76.65=-11.65^2=135.72)(65-76.65=-11.65^2=135.72)(67-76.65=-9.65^2=93.12)(71-76.65=-5.65^2=31.92)(72-
76.65=-4.65^2=21.62)(73-76.65=-3.65^2=13.32)(74-76.65=-2.65^2=7.02)(75-76.65=-1.65^2=2.72)(77-
76.65=0.35^2=0.12)(79-76.65=2.35^2=5.52)(80-76.65=3.35^2=11.22)(81-76.65=4.35^2=18.92)(82-
76.65=5.35^2=28.62)(83-76.65=6.35^2=40.32)(83-76.65=6.35^2=40.32)(84-76.65=7.35^2=54.02)(85-
76.65=8.35^2=69.72)(89-76.65=12.35^2=156.52)(95-76.65=18.35^2=336.72)(95-76.65=18.35^2=336.72) =
∑x^2=2127.16 S^2=2127.16/23-1=96.69

n=23

a=0.5

x^2 a/2,n-1=0.25,22= 26.03927

x^2 1-a/2,n-1=1-0.25=0.75,22=17.23962

(n-1)s^2/ x^2 a/2,n-1 < σ^2< (n-1)s^2/ x^2 1-a/2,n-1

=9.83^2(23-1)/26.03927 < σ^2< 9.83^2(23-1)/17.23962
=96.69(22)/26.03927 < σ^2< 96.69(22)/17.23962
=2127.18/26.03927 < σ^2<2127.18/17.23962
√81.69 √123.389
=9.038 11.108

We are 50% confident that the standard deviation of the resting heart rates in this particular class lies
between 9.038 and 11.108

Question 1
b)
a=0.05
x̄ =76.65
S^2=96.69
S=9.83
N=23
x^2 a/2,n-1=0.025,22=36.78071
x^2 1-a/2,n-1=1-0.025=0.975,22=10.98232
H0: σ^2=144
H1: σ^2≠144

(n-1)s^2/ σ^20 :x^2(n-1)

=96.69(23-1)/144
=96.69(22)/144
=2127.18/144
=14.7720833>10.98232
14.7720833<36.78071

We fail to reject the null hypothesis(H0)

There is not enough evidence to conclude that the population varience is different from 144 at the 5%
significance level.

Question 2
a)
SPI=P1 /P 0 *100
price index = (price in 2017/price in 2016)*100
(16/18)*100
=88.89
The price index is 88.8 meaning that the price of oranges in 2017 relative to the base year 2016 is 88 of the
price in 2016. The price of oranges decreased by 11.11% from 2016 to 2017. The oranges became cheaper in
2017 compared to 2016.

b)

2016 Prices (P0) 2016 Quantity(Q0) 2017 Prices(P1) 2017 Quantity(Q1)

18 500 16 600
15 273 20 371
22 382 27 321
12 431 18 284

PPI=(P1Q1/P0Q1) *100
P1Q1=16*600+20*317+27*321+18*284=29719
P0Q1=18*600+15*317+22*321+12*284=26025
=(29719/26025)*100
=114.19
=14.19%
Commodities namely banannas,strawberries and mangos have become expensive in 2017 as compared to
2016 by 14.19%,while oranges became cheap in 2016.

c)LPI= (P1Q0/P0Q0)*100
P1Q0=500*16+273*20+382*27+431*18=31532
P0Q0=18*500+15*273+22*382+12*431=26671

(31532/26671)*100
=118.23
=18.23%
The value of laspeyres quantity index is 118.23(18.23%),which means the composite quantity of these fruits
from 2016 has decreased by 81.77%.

Question 3
a)

4 period
moving
average
2
4 4.5
7 5 4.75
5 5.75 5.375
4 6.75 6.65
 7 8.5 7.625
11 10 9.25
12 10.25 10.125
10 10.50 10.375
8 11 10.75
12 12.25 11.625
14 14.75 13.5
15 14.50 14.625
18
11

b)

Xt Sales YtXt Xt^2

(Yt)
3 2 6 9
4 4 16 16
5 7 35 25
6 5 30 36
7 4 28 49
8 7 56 64
9 11 99 81
10 12 120 100
11 10 110 121
12 8 96 144
13 12 25 169
14 14 196 196
15 15 225 225
16 18 288 256
17 11 187 289
∑Xt=150 ∑Yt=140 ∑YtXt=151 ∑Xt^2=1780
7

a=∑Yt-b∑Xt /n= Ȳt-bx̄t =140/15 -150/15 =9.3333 – 10b

b==∑ YtXt -nȲtx̄t/∑Xt^2 -n(x̄t)^2=1517-15(9.3333)(10)/1780-15(10)^2=117,005/280=0.417875

a=∑Yt-b∑Xt /n= Ȳt-bx̄t =9.3333-10(0.417875)=5.15455

=yt=5.1545+0.417875xt
Monday-18
 Tuesday-19
Wednesday-20
Thursday-21
Friday-22
=yt=5.1545+0.417875(22)
==yt=5.1545+9.19325

=14.34775
=14.3461

c)

Period Sales Xt YtXt Xt^2

(Yt) -(n-
1)/2
2 -7 -14 -49

4 -6 -24 -36

7 -5 -35 -25

5 -4 -20 -16

4 -3 -12 -9

7 -2 -14 -4

11 -1 -11 -1

12 0 0 0

10 1 10 1

8 2 16 4

12 3 36 9

14 4 56 16

15 5 75 25

18 6 108 36

11 7 77 49

∑Yt=140 ∑Xt =0 ∑YtXt=248 ∑Xt^2=0

a=∑Yt-b∑Xt /n= Ȳt-bx̄t =140/15 -150/15 =9.3333 – 0b

b==∑ YtXt -nȲtx̄t/∑Xt^2 -n(x̄t)^2=248-15(9.3333)(0)/0-15(0)^2=108.0005/0=0.417875

a=∑Yt-b∑Xt /n= Ȳt-bx̄t =9.3333-0(108.0005)=9.3333+108,0005

=yt=9.3333+108,0005
Monday-16
Tuesday-17
Wednesday-18
Thursday-19
Friday-20
Monday-21
Tuesday-22
Wednesday-23
Thursday-24
Friday-25
=yt=9.3333+108,0005(25)
=2709.34
 Assignment Due Date: ...................................................................................................................................................................................
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