MAIN ASSESSMENT

SUBJECT: QUANTITATIVE TECHNIQUES SUBJECT CODE: KWN10AB / QTH115E

PROGRAMME: PROGRAMME CODE:

N DIP: MANAGEMENT BBNDBU
N DIP: COST AND MANAGEMENT ACCOUNTING BRNDCO
N DIP: MUNICIPAL ADMINISTRATION BRHSAB

ASSESSOR: DR DH DELPORT MODERATOR:

DATE: JULY 2022 SESSION: 09H00 ONLINE

DURATION: 2 HOURS TOTAL: 60

STATIONERY:
1. MULTIPLE CHOICE ANSWER SHEET
2. CALCULATOR

INSTRUCTIONS TO CANDIDATES

1. MAKE SURE THAT YOUR QUESTION PAPER CONSISTS OF 13 PAGES.

2. ANSWER ALL THE QUESTIONS.

3. MAKE USE OF TWO DECIMAL PLACES IN ALL YOUR CALCULATIONS, UNLESS INSTRUCTED
OTHERWISE.

4. ANSWERS MUST BE PROVIDED ON THE MULTIPLE CHOICE ANSWER SHEET

 2 KWN10AB: MAIN ASSESSMENT

1. …………….. is defined as a set of mathematically based tools and techniques to transform

raw data into a few summary measures that represent useful and usable information to
support effective decision making.

(A) Information
(B) Data
(C) Statistics
(D) Management decision making
(E) None of the above

2. The transformation process from data to information looks as follow:

(A) Data ̶ Statistical analysis ̶ Information ̶ Management decision making

(B) Statistical analysis ̶ Data ̶ Management decision making ̶ Information
(C) Information ̶ Management decision making ̶ Data ̶ Statistical analysis
(D) Management decision making ̶ Data ̶ Statistical analysis ̶ Information
(E) None of the above

3. Statistical modelling:

(A) condenses sample data into a few summary descriptive measures

(B) generalizes sample findings to the broader population
(C) builds models of relationships between random variables
(D) test for genuine patterns or relationships in the population based on sample data
(E) None of the above

4. Is the following example qualitative or quantitative:

A consumer’s choice of mobile phone service provider is either Vodacom, MTN, Cell C or
Telkom

(A) Quantitative
(B) Qualitative
(C) None of the above

ASSESSOR MODERATOR
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5. The sample statistic for the statistical measure “Mean” is:

(A) µ
(B) x
(C) σ
(D) π
(E) None of the above

6. The sample statistic for the statistical measure “Standard deviation” is:

(A) s
(B) x
(C) σ
(D) s
2

(E) None of the above

7. The population parameter for the statistical measure “Variance” is:

(A) σ
(B) σ
2

(C) V
2
(D) s
(E) None of the above

8. The population parameter for the statistical measure “Mean” is:

(A) µ
(B) x
(C) σ
(D) π
(E) None of the above

9. A population parameter:

(A) is a subset of a population

(B) is categorical data, but has an implied ranking between the different categories of
the qualitative random variable
(C) is the actual values (numbers) or outcomes recorded on a random variable
(D) is a measure that describes a characteristic of a population
(E) None of the above

ASSESSOR MODERATOR
 4 KWN10AB: MAIN ASSESSMENT

Question 10 – 12 is based on the following:

The number of students enrolled in the first year of a business course at a technical college is
shown in the following table for each of 7 years:

Year Enrolment F(<)

2003 160 A
2004 192 B
2005 221 C
2006 301 D
2007 280 E
2008 298 F
2009 316 G

10. The percentage of students who enrolled in the year 2006 is:

(A) 1768
(B) 17.02
(C) 34.44
(D) 301
(E) None of the above

11. The value of A in the table is:

(A) 2003
(B) 9.05%
(C) 1.60
(D) 160
(E) None of the above

12. The value of F in the table is:

(A) 16.86%
(B) 298
(C) 2008
(D) 1452
(E) None of the above

ASSESSOR MODERATOR
 5 KWN10AB: MAIN ASSESSMENT

Question 13 – 16 is based on the following:

A market researcher, Gavin, was interested in the discrepancy in the prices charged by
supermarkets for a leading brand of pet food. To check this, he selected a random sample of 12
stores and recorded the price displayed for the same brand of a 400g can. The prices (in cents)
were:

89 72 77 78 82 94 76 78 73 80 88 85

13. The sample size is:

(A) 972
(B) 81
(C) 12
(D) 77
(E) None of the above

14. The arithmetic mean is:

(A) 12
(B) 972
(C) 81
(D) 77
(E) None of the above

15. The median is:

(A) 85
(B) 80
(C) 77
(D) 79
(E) None of the above

16. The third quartile position is:

(A) 73
(B) 85
(C) 9
(D) 88

ASSESSOR MODERATOR
 6 KWN10AB: MAIN ASSESSMENT

(E) None of the above

Question 17 – 22 is based on the following set of data:

The systolic blood pressure (in mm Hg) was recorded for 40 salespeople at 5 pm of a Friday. The
results are shown in the following table:

Blood pressure (mm Hg) F

110 - < 120 5
120 - < 130 9
130 - < 140 15
140 - < 150 11

17. The sample size is:

(A) 10
(B) 4
(C) 40
(D) 15
(E) None of the above

18. The arithmetic mean is:

(A) 133
(B) 10
(C) 40
(D) 5320
(E) None of the above

19. The lower limit of the Q3 interval:

(A) 120
(B) 140
(C) 110

ASSESSOR MODERATOR
 7 KWN10AB: MAIN ASSESSMENT

(D) 130
(E) None of the above

20. The third quartile is:

(A) 11
(B) 140.9
(C) 30
(D) 15
(E) None of the above

21. The mode is:

(A) 130 - < 140

(B) 15
(C) 136
(D) 40
(E) None of the above

22. The median is:

(A) 125
(B) 130 - < 140
(C) 20
(D) 134
(E) None of the above

Question 23 – 27 is based on the following:

The following table shows the promotion status of police officers over the past two years.

Men Women
Promoted 288 36
Not promoted 672 204

23. P(Promoted):

(A) 288/324
(B) 324/1200

ASSESSOR MODERATOR
 8 KWN10AB: MAIN ASSESSMENT

(C) 36/324
(D) 324
(E) None of the above

24. P(Man and is promoted):

(A) 960
(B) 288
(C) 288/1200
(D) 288/960
(E) None of the above

25. P(Women or is not promoted):

(A) 204/1200
(B) 204/240
(C) 204/876
(D) 912/1200
(E) None of the above

26. P(Not promoted):

(A) 672/876
(B) 876
(C) 672/1200
(D) 876/1200
(E) None of the above

27. P(Promoted given women):

(A) 36/240
(B) 36/1200
(C) 36/324
(D) 240/1200
(E) None of the above

ASSESSOR MODERATOR
 9 KWN10AB: MAIN ASSESSMENT

Question 28 – 30 is based on the following:

A college that specialises in training people for top-level management positions administers
various types of physical and psychological tests. In one such test, objects must be assembled and
pictures arranged in order. Although the maximum possible score for this test is 130, the college
has found that results in the past have followed an approximate normal distribution with a mean
of 91.7 and a standard deviation of 8.3. What percentage of people obtain scores in the following
ranges? [Round off the z scores to 2 decimal places and use all digits as they are in the table]

28. Above 105?

(A) 1.60
(B) 0.4452
(C) 0.0548
(D) 0.9452
(E) None of the above

29. Above 74?

(A) -2.13
(B) 0.9834
(C) 0.4834
(D) 0.0166
(E) None of the above

30. Between 80 and 100?

(A) -1.41
(B) 0.7620
(C) 0.0794
(D) 0.41
(E) None of the above

ASSESSOR MODERATOR
 10 KWN10AB: MAIN ASSESSMENT

ASSESSOR MODERATOR
 11 KWN10AB: MAIN ASSESSMENT

FORMULAE

M e =+Ome
c ( n2 −f ¿ )
( )

c (f m−f m−1)
M o = Omo +
2 f m−f m−1−f m +1

Q1=Oq 1 +
c ( n4 −f (¿))
f q1

Q3=O q 3+
c ( 34n −f (¿))
f q3

~
x=
∑ xi
n

~
x=
∑ f i xi
∑ fi

ASSESSOR MODERATOR
 12 KWN10AB: MAIN ASSESSMENT

n+1
Q 1 use
4

3 ×(n+1)
Q3 use
4

~
x ∶=
∑ fm
∑f

Range=x max−x min +1

s2=
∑ x 2i −n x 2
(n−1)

2
s=
∑ ( x i−x )
2

( n−1 )

s= √ s2

s
CV = %
x

SK p=3 ¿ ¿

ASSESSOR MODERATOR
 13 KWN10AB: MAIN ASSESSMENT

P(A or B) = P(A) + P(B)

P(A or B) = P(A) + P(B) - P(A and B)

P(A and B) = P(A) × P(B)

P(A) + P(B) = 1

P(A and B)
P(A ∕ B) =
P(B)

P(at least n successful outcomes) = 1 – P(less than n successful outcomes)

x−μ
z=
σ

x=μ+ zσ

ASSESSOR MODERATOR
 14 KWN10AB: MAIN ASSESSMENT

x−μ
z=
σ
√n

ASSESSOR MODERATOR