S EZTC

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SAINOS ENGINAS ZION TECHNICAL COLLEGE

DEPARTMENT OF ACCOUNTING

PROGRAMME: NATIONAL CERTIFICATE IN ACCOUNTING

MODULE: FINANCIAL MATHEMATICS AND STATISTICS 1

COURSE CODE: 310/22/M05

TASK: THEORY ASSIGNMENT 2

LECTURER: L. WACHENUKA (0782430113/0716519061)

Email-lisbanewache@gmail.com

1
1. Define the following terms

a) Statistics

b) Measures of central tendency

c) Measures of dispersion

d) Mean

e) Median

f) Mode

g) Data

h) Population

i) Sample

j) Sampling (20marks)

2. Explain the uses of statistics in business. (16marks)

3. Discuss the limitations of statistics in business. (16marks)

4. Discuss any three methods of data collection. (16marks)

5. Explain any four sampling methods that you know (12marks)

6. Evaluate the effectiveness of the following data presentation methods

a) Stem and leaf

b) Histogram

c) Pie chart

d) Cumulative frequency curve. (20marks)

TOTAL …………………………………. 100 Marks