BUSINESS STATISTICS

UNIT 2
Types of averages (or) Measures of central tendency:-

The following are the important types of averages.

1) Arithmetic mean. (Simple arithmetic mean. Weighted arithmetic mean.)
2) Geometric mean. (Simple geometric mean. Weighted geometric mean.)
3) Harmonic mean
4) Median
5) Quartiles, deciles and percentiles.
6) Mode

Q.1 Calculate the marks obtained by 10 students: 15,20,30,22,25,18,40,50,55,65. Calculate using

Direct method.
Q.2 Calculate the mean for the following data: Direct, shortcut, step Deviation methods.

Value x 1 2 3 4 5
Frequency f 10 15 10 9 5

Q.3 Calculate the mean for the following data: Direct, shortcut, step Deviation methods.

Value x 10 20 30 40 50
Frequency f 4 5 3 2 5
Q.4 Continuous Series: Calculate the data using Direct, shortcut, step Deviation methods.

Class 0-10 10-20 20-30 30-40 40-50

Interval
f 20 24 40 36 20

Q.5 Compute the mean for following series

Class 0-10 10-20 20-30 30-40 40-50

Interval
f 5 15 25 8 7
Q.6 Weighted arithmetic mean
Marks obtained and weight assigned to the subject of the student. Calculate arithmetic mean

Sub Eng Mat Sci Soc lang

Marks 60 65 53 50 40
Weight 1 1 2 3 4

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Q.7 Compute simple weighted arithmetic mean

General Office
Designation Manager Supervisor Helpers
manager assistant
Monthly
25000 19000 14000 10000 8000
salary
Weight 10 20 10 50 25
Q.8 Command on performance of students two university
University Bombay Delhi
course x w x w
MBA 71 3 81 5
MCA 83 2 76 3
MA 73 5 58 3
MSC 75 2 76 1
MCOM 70 2 81 2

Q.9 Calculate combined mean:

Group 1 Group 2
Mean ¿ ¿) 75 60
No of workers¿) 1000 1500

Q.10 Mean for entire group calculate combine mean

Mean weight (bunds)
Medical No of examined ¿)
(x)
A 50 113
B 60 120
C 90 115
Q.11 Calculate the GM of the annual percentage growth rate of profit in business corporate
from the 2002 – 2005 is 50, 72,54,82,93.
Q.12 Calculate the GM for the weight of chocolate are 45,60,48,100,65,32,85.
Q.13 Geometric mean for discrete data:
Find GM from the data defective screws obtained in the factory
Diameter (in cm)
5 15 25 35
x
No of defective
5 8 3 4
screw (f)

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Q.14 Geometric for continuous grouped data;
Distinguish of marks obtained by 109 students in a subject in a institution. Find GM
Marks 4-8 8-12 12-16 16-20 20-24 24-28 28-32 32-36 36-40
No of
6 10 18 30 15 12 10 6 2
students

Q.15 Marks obtained by 9 students in statistics are given below.

52 75 40 70 43 65 40 35 48
calculate the arithmetic mean.

Q.16 The following table gives the monthly income of 10 employees in an office. Income (in Rs):
1780, 1760, 1690, 1750, 1840, 1920, 1100, 1810, 1050, 1950. Calculate the A.M.

Q.17 Calculate the mean for pH levels of soil 6.8, 6.6, 5.2, 5.6, 5.8

Q.18 Calculate the arithmetic mean of the following distribution

Variate 6 7 8 9 11 12

Frequency 20 43 57 61 72 45

Q.19 From the following data of the marks obta ined by 60 students of a class.
Marks 20 30 40 50 60 70
No of students 8 12 20 10 6 4
Q.20 Find the mean of the following distribution

Variate 0-10 10-20 20-30 30-40 40-50

Frequency 31 44 39 58 12

Q.21 Given the following frequency distribution, calculate the arithmetic mean

Marks : 64 63 62 61 60 59

Number of Students: 8 18 12 9 7 6

Q.22 Find the AM of marks obtained by 10 students of a class in a separate exam are;
Marks 25 30 21 55 47 10 15 17 45 35

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Q.23 Distance travelled by a person at the frequency are given below:
X 52 58 60 65 68 70 75
F 7 5 4 6 3 3 2
Q.24 The data on a number of patients attending a hospital in a month are;
No. of 0-10 10-20 20-30 30-40 40-50 50-60
Patients
No of Days 2 6 9 7 4 2

Q.25 Find the AM for the following frequency data:

Class 100- 120- 140- 160- 180- 200- 220-
interval 120 140 160 180 200 220 240
Frequenc 10 8 4 4 5 1 2
y

Q.26 Calculate the AM for the following marks obtained by the students in English:
Marks 5 10 15 20 25 30 35 40 45
No of 20 43 75 67 72 45 39 9 8
Students

Q.27 A candidate obtains the following percentage of marks in an Exam.

Subject Eng Math Soc Sci Eco
Marks 46.1 67.7 72.1 58.1 53
Weight 2 2 1 1 1
Find out the Arithmetic weighted mean.

Q.28 Calculate GM of 10,110,120,50,52,80,37,60

Q.29 Calculate GM :
X 12 13 14 15 16 17
f 5 4 4 3 2 1

Q.30 Find the GM :

x 0-10 10-20 20-30 30-40 40-50
f 4 8 10 6 7

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Q.31 Compute the arithmetic mean of the following by direct and short -cut methods:
Class 20-30 30-40 40-50 50-60 60-70
Frequenc 8 26 30 20 16
y
Q.32 Compute the mean of the following frequency distribution using step deviation method :

Class 0-11 11-22 22-33 33-34 44-55 55-66

Frequency 9 17 28 26 15 8

Q.33 For the frequency distribution of seed yield of plot given in table, calculate the
mean yield per plot.
Yield per plot 64.5- 84.5 84.5-104.5 104.5-124.5 124.5-144.5
(in g)
No of plots 3 5 7 20

Solution: mid x ; d value; fd direct and shortcut method.

Q.34 Harmonic Mean: The interest psid on 3 different sums of money yielding 3%, 4 %, 5%
simple interest per annum. What is the average percentage of yield on the total sum invested.

Q.35 HM: During the first 5 months, yuva bought share at Rs10, Rs 12, Rs15, Rs 20, Rs24 per
share. After 5 months what’s the average price he paid.

Q.36 HM: Calculate HM:

X 2 4 8 12
f 2 3 3 2

Q.37 Calculate HM:

X 11 12 13 14 15
f 3 7 8 5 2

Q.38 HM:
X 48 40 32
w 10 12 15

Q.39 Calculate HM: 5,10,17,24,30

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 Q.40 Number of tomatoes per plant are given below. calculate HM

No.of 20 21 22 23 24 25
Tomatoes
No. of 4 2 7 1 3 1
plants

Q.41 According to the census of 1991, following are the population figure, in
thousands, of 10 cities : 1400, 1250, 1670, 1800, 700,650, 570, 488, 2100, 1700.
Find the median.

Q.42 Find the median for the following distribution:

Wages in Rs. 0-10 10-20 20-30 30-40 40-50

No. of workers 22 38 46 35 20

Q.43 Find the median of the following frequency distribution:

Marks No. of Marks No. of students

students
Less than 10 15 Less than 50 106
Less than 20 35 Less than 60 120
Less than 30 60 Less than 70 125
Less than 40 84

Q.44 Weekly pocket expenses (in $) of 30 students of class VIII are 37, 41, 39, 34, 71, 26, 56,
61, 58, 79, 83, 72, 64, 39, 75, 39, 37, 59, 57, 37, 53, 38, 49, 45, 70, 82, 44, 37, 79, 76.
Q.45 Construct the grouped frequency table with the class interval of equal width such as 30 -
35. Also, find the range of the weekly pocket expenses.

MEDIAN:
1. The number of runs scored by 11 persons on a cricket team: 5,19,42,11,50,30,21,0,52,36,27.
2. Find the median weight of the following data: 31,35,27,29,32,43,37,41,34,28,36,44,45,42,30.
3. Find the median for the following data: 6,10,4,3,9,11,22,18.
4. Find the discrete frequency of the median:

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 X 10 20 30 40 50 60
Y 5 5 3 15 30 10

5. The weight of earphone: 45,60,48,100,65

6. Is the data represent the kilometer travelled by a family during the trip: 5,48,60,65,65,100.
Calculate the median.
7. From the following data. Find median value:
INCOME (X) 1000 1500 800 2000 2500 1800
NO. OF 24 26 16 20 6 30
PERSONS(Y)

8. From the following data. Find median value:

WEEKLY 0-10 10-20 20-30 30-40 40-50
EXPENDITURE
NO. OF FAMILY 14 23 27 21 15

9. From the following data. Find median value:

C.I 5-10 10-15 15-20 20-25 25-30 30-35 35-40 40-45 45-50
F 7 15 24 31 42 30 26 15 10

MODE:
10. In a rubber industry the wages received by 7 labours are: 5,6,6,8,8,8,10.
11. Find mode: The set consist of {4,4,4,4,5,5,5,5,5,8,8,8,8,8,8,8,8}.
12. Find the mode of following marks out of 10: {4,6,5,9,3,2,7,7,6,5,4,9,10,10,3,4,7,6,9,9}.
13. Find the mode of the following data. Size of shoes: {3,4,2,1,7,6,6,7,5,6,8,9,5}.
14. Find the mode:
WEIGHT 50 65 75 80 95 100
NO. OF 4 6 16 8 7 4
WATCHES

15. Find the mode:

VARIABLE 5 10 15 20 25
FREQUENCY 4 2 6 8 3

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16. Find the mode:
MARKS 1-5 6-10 11-15 16-20 21-25
NO. OF 7 10 16 32 24
STUDENTS

17. Find the mode:

EXPENDITUR 60-80 80-100 100-120 120-140 140-160
E
NO. OF 22 38 45 35 20
FAMILIES

18. Calculate the mean, median and mode

X 21-22 23-24 25-26 27-28 29-30
Y 7 11 22 10 8

EMPERICAL REALTION BETWEEN AVERAGE:

19. If the mean and median of 26.8, 27.9 respectively what would its mode ?
20. The values of mode and mean of 32.1,35.4 respectively. What is median?
21. Calculate mean, median and mode. Using the Emperical formula find mode.
MARKS 10 11 12 13 14 16 19 20
NO.OF STUDENTS 3 5 4 5 2 3 2 2

22. Find the mode for following data:

H 66 67 68 69 70 71 72 73 74 75
F 1 2 4 3 2 1 2 1 1 1

STANDARD DEVIATION:
23. Find the standard deviation of 16,13,17,22
24. Calculate standard deviation by direct method: 25,27,31,32,35
25. Calculate standard deviation (Assumed Mean): 48,43,65,57,31,60,37,48,59,78
26. Calculate the Standard Deviation by direct method for the following series
Wages in Rs 40 44 54 60 62 6 70 80 90 96
27. calculate the assumed mean(discrete):
X 10 11 12 13 14 15 16
f 2 7 11 15 10 4 1

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28. Find the standard deviation
X 10 11 12 13 14 15 16
f 2 7 11 15 10 4 1

29. Calculate Standard Deviation

M 10 20 30 40 50 60
No of 8 12 20 10 7 3
student

30. Calculate mean, standard deviation

M 10 20 30 40 50 60
No of 8 12 20 10 7 3
student

31. calculate mean, standard deviation

Class 0-10 10-20 20-30 30-40 40-50
Interval
No. of 7 12 24 10 7
student

32. Calculate standard deviation and coefficient of variation and variance

Wages: 40 44 54 60 62 6 70 90 96
KARL PEARSON CO-EFFICIENT OF SKEWNESS:
33. Find Karl Pearson coefficient of skewness
x 7 8 9 10 11 12 13 14
f 2 11 36 64 39 39 22 2

34. Find Karl Pearson co-efficient of skewness for the following distribution
X 0-20 20-40 40-60 60-80 80-100
f 20 50 59 30 23

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35. Find Karl Pearson co-efficient of skewness for the following distribution
X 0-10 10-20 20-30 30-40 40-50
f 8 15 28 16 9

36. Find Karl Pearson co-efficient of skewness for the following distribution
X 40 50 60 70 80 90
f 185 167 132 82 38 12

BOWLEY’S CO-EFFICIENT OF SKEWNESS:

37. Calculate bowley’s co-efficient of skewness for the following frequency distribution
No of childrens 0 1 2 3 4 5 6
per families
No of families 7 10 16 25 18 11 8

38. Calculate bowley’s co-efficiency of skewness based on the quartile and median from the following
data
X 0-10 10-20 20-30 30-40 40-50 50-60 60-70 70-80
Y 12 16 26 38 22 15 7 4

39. Compute the interquartile range of the following distribution.

Age 0-5 5-10 10-15 15-20 20-25 25-30 30-35 35-40 40-45
Not 7 10 16 32 24 18 10 5 1
person

SKEWNESS AND KURTOSIS:

40. Analyse the skewness of the following distribution by the method of moments about origin.
X 2 3 4 5 6
Y 1 3 7 3 1

41. Calculate the Moments:

X 0 1 2 3 5 6 7 8
Y 1 8 28 36 70 56 28 8 1

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42. Find the co-efficient of skewness and kurtosis based on Moments.
X 4.5 14.5 24.5 34.5 44.5 54.5 64.5 74.5 84.5 94.5
y 1 5 12 22 17 9 9 3 1 1

RANGE:
43. Find the range of weight of co students: 41,30,15,65,73,84,53,35,71,55
44. The following of the price of share of company from Monday to Saturday find its range and co-
efficiency of the range
Days monday tuesday wednesday thursday friday saturday
price 200 210 280 160 220 250

45. Calculate the range and co-efficient of range:

MARKS 10-20 20-30 30-40 40-50 50-60
NO OF 8 10 12 8 4
STUDENTS

PERCENTILE:
46. Score of a set of students in a math test are 20,30,15,75 What the percentile rank of the score 30.
47. The score obtain by the co students are 38,47,49,58,60,65,70,79,80,92 using the percentie formula
percentile score 70.
48. Scores of the some candidate in a test 40,45,49,53,61,65,71,79,85,91 what will be the score
percentile value of 90.

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