SlideShare a Scribd company logo
1 of 4
Download to read offline
PRACTICE QUESTIONS FOR MEASURES OF CENTRAL TENDENCY
Example (the arithmetic mean p248):- The demand for a product on each of 20 days was as follows, (in
units).
3, 12, 7, 17, 3, 14, 9, 6, 11, 10, 1, 4, 19, 7, 15, 6, 9, 12, 12, 8
Calculate arithmetic mean
{Answer:- 9.25 units}
Example (grouped data p249):- From the following data, calculate arithmetic mean
Daily demand Frequency
> 0 ≤ 5 4
> 5 ≤ 10 8
> 10 ≤ 15 6
> 15 ≤ 20 2
{Answer:- 9.5 units}
Exercise 1(p 250):- For the week ended 15 November, the wages earned by the 69 operators employed in
the machine shop of Waves Ltd were as follow:
Wages Number of operative
Under Rs. 60 3
Rs. 60 and under Rs. 70 11
Rs. 70 and under Rs. 80 16
Rs. 80 and under Rs. 90 15
Rs. 90 and under Rs. 100 10
Rs. 100 and under Rs. 110 8
Rs. 110 and under Rs. 120 6
{Answer:- Rs. 84.56}
Example (weighted arithmetic mean p251):- The marks obtained by a student in Urdu, Science and
History were 60, 68 and 50 respectively. Find the appropriate average if weights of 6, 5, 4 are assigned to
these marks.
{Answer:- 60 marks}
Example (geometric mean p252):- Find the G.M of the values 4, 3, 6.
{Answer:- 4.160}
Example (geometric mean using logarithms p252):- Find the G.M for the values 3, 5, 8, 6, 7, 9, 10.
{Answer:- 6.43}
Example (geometric mean for probability distribution p253):- Find the G.M for the following
probability distribution:
X 10.20 12.30 11.50 13.00 15.70
f 1 3 4 2 3
{Answer:- 12.67}
Example (harmonic mean p253):- Find the H.M for the values 15, 20, 25, 23
{Answer:- 19.99}
Example (harmonic mean for the frequency distribution):- Find the H.M for the following frequency
distribution of weights:
Weights 20----40 41----61 62----82 83----103 104----124
f 8 7 10 6 4
{Answer:- 54.483}
Example (weighted harmonic mean):- Find the H.M of the values 20.0, 35.5, 40.0 and 37.0 with their
respective weights 7.0, 8.5, 3.0 and 6.0
{Answer:- 29.63}
Example (the mode p255):- The daily demand for stock in a ten day period is as follows:
Demand units 6 7 8
Number of days 3 6 1
{Answer:- 7}
Example (the formula for the mode):- Calculate the mode of the following frequency distribution
Value Frequency
At least Less than
10 25 6
25 40 19
40 55 12
55 70 7
70 85 3
{Answer:- 34.75}
Exercise 2(p 256):- An analysis of sales invoices outstanding at the end of February is as follows:
Invoice value Number of
invoicesAt least Less than
Rs. Rs.
10 25 4
25 40 8
40 55 18
55 70 9
70 85 3
{Answer:- Rs. 47.89}
Example (the median p258):- Find median of the following values:
(i) 8, 6, 9, 12, 15, 6, 3, 20, 11.
(ii) 8, 6, 7, 2, 1, 11, 3, 2, 5, 2
{Answer:- (i) 9 , (ii) 3 }
Example (median of an ungrouped frequency distribution):- Find the median of an ungrouped frequency
distribution
Value X 8 12 16 17 19
Frequency f 3 7 12 8 5
{Answer:- 16}
Example (the median of a grouped frequency distribution):- The average monthly earning of 135
employees of Honda Ltd. Have been analyzed as a grouped frequency distribution as follows:
Average monthly earnings Number of
invoicesMore than Not more than
Rs. Rs.
120 140 12
140 160 49
160 180 25
180 200 18
200 220 17
220 240 14
Calculate the median monthly earnings of employees of Honda Ltd.
{Answer:- Rs. 165.60}
Exercise 3(p 260):- The following grouped frequency distribution gives the annual wages of 200 employees
in an engineering firm.
Wages
Rs.
Number of employees
5000 and less than 5500 4
5500 and less than 6000 26
6000 and less than 6500 133
6500 and less than 7000 35
7000 and less than 7500 2
Calculate mean, median and mode of annual wages.
{Answer:- Mean = Rs. 6262.50 Median = Rs. 6263.16 Mode = Rs. 6260.98}
Practice question 9.1(LAHORE GARDENERS’ ASSOCIATION):- The following figures were
published by the Lahore Gardeners Association.
Earnings in 19x2 Number of
gardenersAt least Not more than
Rs. Rs.
0 500 1
500 1000 4
1000 1500 6
1500 2000 12
2000 2500 9
2500 3000 7
3000 3500 5
3500 4000 3
4000 4500 2
4500 5000 1
(a) Calculate the model earnings.
(b) Calculate the median earnings.
(c) Calculate the arithmetic mean earnings.
{Answer:- (a) Rs. 1833, (b) Rs. 2111.11, (c) Rs. 2240 }
Practice question 9.2(PAKISTAN TIMES):- (a) Set out the advantages and disadvantages of the mean,
median and mode as measure of central tendency.
{(i) THE MEAN
The mean has the following advantages;
(1) It is widely understood
(2) It uses every value in its computation
(3) It gives a unique value
It does, however, have two major disadvantages.
(1) It may give an impossible value (e.g. 2.2 children)
(2) It may be distorted by extremely high/low values.
(ii) THE MODE
Advantages of the mode are as follows
(1) It is an actual value
(2) It is not distorted by extreme values.
It has the following disadvantages.
(1) It may not be unique
(2) It ignores dispersion about the model value
(3) It does not take every value into account
(iii) THE MEDIAN
The median has the advantage that it is not distorted by extreme values but there is a disadvantange to the
median. It does not take every value into account.}
(b) Pakistan times to work of employees of a company were as follows
Time in Minutes No of employees
Less than 10 14
10 but less than 20 26
20 but less than 30 64
30 but less than 40 46
40 but less than 50 28
50 but less than 60 16
60 but less than 80 8
80 but less than 100 4
(i) Obtain the mean, median and mode of travel time to work
(ii) Negotiations are under consideration for payment for travelling time to work. State, giving reasons,
which measure of central tendency you would use if you are (1) the employer, and (2) a trade union
representing the employees.
{Answer: - (i) Mean = 32.67 minutes, Median = 29.84 minutes, Mode = 26.79 minutes
(ii) (1) The employer would seek to minimize paid for travelling time. He should therefore choose the mode,
perhaps arguing that the modal time is the most representative because the largest number of employees take
that long to come to work
(2) The trade union would seek to maximize the amount paid for travelling time. It should therefore choose
the mean, perhaps arguing that the mean time is the only average which takes inot account the travelling
times of all employees. }
Practice question 9.3(OUTPUT DISTRIBUTION):- Find the arithmetic mean for the following
distribution of output levels of product Q.
Output of Q kg No. of days (frequency)
350 – under 360 4
360----370 6
370----380 5
380----390 4
390----400 3
{Answer: - 373.18}
Practice question 9.4(COMPANY’S PROFIT):- The arithmetic mean of profit earned by two companies
“X” and “Y” is Rs.34 million whereas the geometric mean is Rs. 16 million. Find out the profit earned by
each company. It is known that company “X” earned more than “Y”.
{Answer: - Solution set = 64, 4}
Practice question 9.5(AVERAGE RATE OF INFLATION):-The rate of inflation in four successive years
in a country was 7 percent, 11 percent, 15 percent and 19 percent. Using the geometric mean, find the
average rate of inflation per year.
{Answer: - Average rate of inflation = 12.91%}
Practice question 9.6(SYMMETRICAL DISTRIBUTION):-
(a) In a perfectly symmetrical frequency distribution, the mean of the data is 88. Find median and mode.
(b) In a moderately skewed frequency distribution, mean = 60 and median = 55. Find mode.
{Answer: - (a) median = 88, mode = 88}

More Related Content

What's hot

Correlation and regression
Correlation and regressionCorrelation and regression
Correlation and regressionzcreichenbach
 
Provisional Population Totals Delhi
Provisional Population Totals DelhiProvisional Population Totals Delhi
Provisional Population Totals DelhiVarsha Joshi
 
9. transportation model
9. transportation model9. transportation model
9. transportation modelSudipta Saha
 
Logistic regression
Logistic regressionLogistic regression
Logistic regressionsaba khan
 
Application of Univariate, Bi-variate and Multivariate analysis Pooja k shetty
Application of Univariate, Bi-variate and Multivariate analysis Pooja k shettyApplication of Univariate, Bi-variate and Multivariate analysis Pooja k shetty
Application of Univariate, Bi-variate and Multivariate analysis Pooja k shettySundar B N
 
multiple regression
multiple regressionmultiple regression
multiple regressionPriya Sharma
 
Queuing theory
Queuing theoryQueuing theory
Queuing theoryAmit Sinha
 
PRM project report
PRM project reportPRM project report
PRM project reportneha singh
 
Statistics Project
Statistics ProjectStatistics Project
Statistics ProjectRonan Santos
 
Criteria for a good scale
Criteria for a good scaleCriteria for a good scale
Criteria for a good scalesai precious
 
Partial correlation
Partial correlationPartial correlation
Partial correlationDwaitiRoy
 
Hypothesis testing1
Hypothesis testing1Hypothesis testing1
Hypothesis testing1HanaaBayomy
 

What's hot (20)

Correlation and regression
Correlation and regressionCorrelation and regression
Correlation and regression
 
Provisional Population Totals Delhi
Provisional Population Totals DelhiProvisional Population Totals Delhi
Provisional Population Totals Delhi
 
Covariance vs Correlation
Covariance vs CorrelationCovariance vs Correlation
Covariance vs Correlation
 
Correlation.pdf
Correlation.pdfCorrelation.pdf
Correlation.pdf
 
Logistic regression analysis
Logistic regression analysisLogistic regression analysis
Logistic regression analysis
 
9. transportation model
9. transportation model9. transportation model
9. transportation model
 
Logistic regression
Logistic regressionLogistic regression
Logistic regression
 
Application of Univariate, Bi-variate and Multivariate analysis Pooja k shetty
Application of Univariate, Bi-variate and Multivariate analysis Pooja k shettyApplication of Univariate, Bi-variate and Multivariate analysis Pooja k shetty
Application of Univariate, Bi-variate and Multivariate analysis Pooja k shetty
 
Combined mean
Combined meanCombined mean
Combined mean
 
Testing of hypothesis
Testing of hypothesisTesting of hypothesis
Testing of hypothesis
 
multiple regression
multiple regressionmultiple regression
multiple regression
 
Queuing theory
Queuing theoryQueuing theory
Queuing theory
 
Regression analysis
Regression analysisRegression analysis
Regression analysis
 
Regression Analysis
Regression AnalysisRegression Analysis
Regression Analysis
 
PRM project report
PRM project reportPRM project report
PRM project report
 
Statistics Project
Statistics ProjectStatistics Project
Statistics Project
 
Criteria for a good scale
Criteria for a good scaleCriteria for a good scale
Criteria for a good scale
 
Regression
RegressionRegression
Regression
 
Partial correlation
Partial correlationPartial correlation
Partial correlation
 
Hypothesis testing1
Hypothesis testing1Hypothesis testing1
Hypothesis testing1
 

Similar to Ch 9-measures-of-central-tendency-practics-quesitons-for-pipfa

Six sigma case study-a good approach with example
Six sigma case study-a good approach with exampleSix sigma case study-a good approach with example
Six sigma case study-a good approach with examplebhanutomar
 
operation research
operation researchoperation research
operation researchujal70
 
Operational Research
Operational ResearchOperational Research
Operational ResearchBrendaGaytan6
 
Ddb29 ccceba547209ddab45a17330016
Ddb29 ccceba547209ddab45a17330016Ddb29 ccceba547209ddab45a17330016
Ddb29 ccceba547209ddab45a17330016Joseph Konnully
 
2010 May P2 May 2010for publication.pdf
2010 May P2 May 2010for publication.pdf2010 May P2 May 2010for publication.pdf
2010 May P2 May 2010for publication.pdfAshikurRahman396585
 
MBA 626- Fall 2012 exam1- What is the earliest completion time f.docx
MBA 626- Fall 2012 exam1- What is the earliest completion time f.docxMBA 626- Fall 2012 exam1- What is the earliest completion time f.docx
MBA 626- Fall 2012 exam1- What is the earliest completion time f.docxandreecapon
 
cost_and_management_acc_accounting-manual
cost_and_management_acc_accounting-manualcost_and_management_acc_accounting-manual
cost_and_management_acc_accounting-manualmuumaimar
 
Mba isbm case study answer sheets. emba bms dms 9902787224 - 9901366442
Mba isbm case study answer sheets. emba bms dms   9902787224 - 9901366442Mba isbm case study answer sheets. emba bms dms   9902787224 - 9901366442
Mba isbm case study answer sheets. emba bms dms 9902787224 - 9901366442NMIMS ASSIGNMENTS HELP
 
Isbm mba case study answer sheets. emba bms dms 9902787224 - 9901366442
Isbm mba case study answer sheets. emba bms dms   9902787224 - 9901366442Isbm mba case study answer sheets. emba bms dms   9902787224 - 9901366442
Isbm mba case study answer sheets. emba bms dms 9902787224 - 9901366442NMIMS ASSIGNMENTS HELP
 
Mb0048 operations research
Mb0048  operations researchMb0048  operations research
Mb0048 operations researchsmumbahelp
 
Smu mba sem 2 summer 2017 assignments
Smu mba sem 2 summer 2017 assignmentsSmu mba sem 2 summer 2017 assignments
Smu mba sem 2 summer 2017 assignmentssolved_assignments
 
Principles of economics c13
Principles of economics   c13Principles of economics   c13
Principles of economics c13Khriztel NaTsu
 
1.Which one of the following is the estimated rate (i.e., percen.docx
1.Which one of the following is the estimated rate (i.e., percen.docx1.Which one of the following is the estimated rate (i.e., percen.docx
1.Which one of the following is the estimated rate (i.e., percen.docxfredellsberry
 

Similar to Ch 9-measures-of-central-tendency-practics-quesitons-for-pipfa (20)

2nd Semester MBA (Dec-2013) Question Papers
2nd  Semester MBA (Dec-2013) Question Papers2nd  Semester MBA (Dec-2013) Question Papers
2nd Semester MBA (Dec-2013) Question Papers
 
Six sigma case study-a good approach with example
Six sigma case study-a good approach with exampleSix sigma case study-a good approach with example
Six sigma case study-a good approach with example
 
3rd Semester MBA (June-2015) Question Papers
3rd Semester MBA (June-2015) Question Papers3rd Semester MBA (June-2015) Question Papers
3rd Semester MBA (June-2015) Question Papers
 
5case
5case5case
5case
 
operation research
operation researchoperation research
operation research
 
Operational Research
Operational ResearchOperational Research
Operational Research
 
Ddb29 ccceba547209ddab45a17330016
Ddb29 ccceba547209ddab45a17330016Ddb29 ccceba547209ddab45a17330016
Ddb29 ccceba547209ddab45a17330016
 
2010 May P2 May 2010for publication.pdf
2010 May P2 May 2010for publication.pdf2010 May P2 May 2010for publication.pdf
2010 May P2 May 2010for publication.pdf
 
MBA 626- Fall 2012 exam1- What is the earliest completion time f.docx
MBA 626- Fall 2012 exam1- What is the earliest completion time f.docxMBA 626- Fall 2012 exam1- What is the earliest completion time f.docx
MBA 626- Fall 2012 exam1- What is the earliest completion time f.docx
 
Line Balancing In Garments Industry
Line Balancing In Garments IndustryLine Balancing In Garments Industry
Line Balancing In Garments Industry
 
cost_and_management_acc_accounting-manual
cost_and_management_acc_accounting-manualcost_and_management_acc_accounting-manual
cost_and_management_acc_accounting-manual
 
Mba isbm case study answer sheets. emba bms dms 9902787224 - 9901366442
Mba isbm case study answer sheets. emba bms dms   9902787224 - 9901366442Mba isbm case study answer sheets. emba bms dms   9902787224 - 9901366442
Mba isbm case study answer sheets. emba bms dms 9902787224 - 9901366442
 
Isbm mba case study answer sheets. emba bms dms 9902787224 - 9901366442
Isbm mba case study answer sheets. emba bms dms   9902787224 - 9901366442Isbm mba case study answer sheets. emba bms dms   9902787224 - 9901366442
Isbm mba case study answer sheets. emba bms dms 9902787224 - 9901366442
 
2nd Semester MBA (Dec-2015; Jan-2016) Question Papers
2nd Semester MBA (Dec-2015; Jan-2016) Question Papers2nd Semester MBA (Dec-2015; Jan-2016) Question Papers
2nd Semester MBA (Dec-2015; Jan-2016) Question Papers
 
Mb0048 operations research
Mb0048  operations researchMb0048  operations research
Mb0048 operations research
 
Barkha gupta 010012_mms.docx
Barkha gupta 010012_mms.docxBarkha gupta 010012_mms.docx
Barkha gupta 010012_mms.docx
 
Smu mba sem 2 summer 2017 assignments
Smu mba sem 2 summer 2017 assignmentsSmu mba sem 2 summer 2017 assignments
Smu mba sem 2 summer 2017 assignments
 
Principles of economics c13
Principles of economics   c13Principles of economics   c13
Principles of economics c13
 
Unit 3 review_session
Unit 3 review_sessionUnit 3 review_session
Unit 3 review_session
 
1.Which one of the following is the estimated rate (i.e., percen.docx
1.Which one of the following is the estimated rate (i.e., percen.docx1.Which one of the following is the estimated rate (i.e., percen.docx
1.Which one of the following is the estimated rate (i.e., percen.docx
 

Recently uploaded

212MTAMount Durham University Bachelor's Diploma in Technology
212MTAMount Durham University Bachelor's Diploma in Technology212MTAMount Durham University Bachelor's Diploma in Technology
212MTAMount Durham University Bachelor's Diploma in Technologyz xss
 
The Triple Threat | Article on Global Resession | Harsh Kumar
The Triple Threat | Article on Global Resession | Harsh KumarThe Triple Threat | Article on Global Resession | Harsh Kumar
The Triple Threat | Article on Global Resession | Harsh KumarHarsh Kumar
 
Quantitative Analysis of Retail Sector Companies
Quantitative Analysis of Retail Sector CompaniesQuantitative Analysis of Retail Sector Companies
Quantitative Analysis of Retail Sector Companiesprashantbhati354
 
government_intervention_in_business_ownership[1].pdf
government_intervention_in_business_ownership[1].pdfgovernment_intervention_in_business_ownership[1].pdf
government_intervention_in_business_ownership[1].pdfshaunmashale756
 
Call Girls Near Me WhatsApp:+91-9833363713
Call Girls Near Me WhatsApp:+91-9833363713Call Girls Near Me WhatsApp:+91-9833363713
Call Girls Near Me WhatsApp:+91-9833363713Sonam Pathan
 
Tenets of Physiocracy History of Economic
Tenets of Physiocracy History of EconomicTenets of Physiocracy History of Economic
Tenets of Physiocracy History of Economiccinemoviesu
 
House of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview documentHouse of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview documentHenry Tapper
 
Stock Market Brief Deck FOR 4/17 video.pdf
Stock Market Brief Deck FOR 4/17 video.pdfStock Market Brief Deck FOR 4/17 video.pdf
Stock Market Brief Deck FOR 4/17 video.pdfMichael Silva
 
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...Amil baba
 
Stock Market Brief Deck for 4/24/24 .pdf
Stock Market Brief Deck for 4/24/24 .pdfStock Market Brief Deck for 4/24/24 .pdf
Stock Market Brief Deck for 4/24/24 .pdfMichael Silva
 
NO1 WorldWide online istikhara for love marriage vashikaran specialist love p...
NO1 WorldWide online istikhara for love marriage vashikaran specialist love p...NO1 WorldWide online istikhara for love marriage vashikaran specialist love p...
NO1 WorldWide online istikhara for love marriage vashikaran specialist love p...Amil Baba Dawood bangali
 
The AES Investment Code - the go-to counsel for the most well-informed, wise...
The AES Investment Code -  the go-to counsel for the most well-informed, wise...The AES Investment Code -  the go-to counsel for the most well-informed, wise...
The AES Investment Code - the go-to counsel for the most well-informed, wise...AES International
 
NO1 Certified Ilam kala Jadu Specialist Expert In Bahawalpur, Sargodha, Sialk...
NO1 Certified Ilam kala Jadu Specialist Expert In Bahawalpur, Sargodha, Sialk...NO1 Certified Ilam kala Jadu Specialist Expert In Bahawalpur, Sargodha, Sialk...
NO1 Certified Ilam kala Jadu Specialist Expert In Bahawalpur, Sargodha, Sialk...Amil Baba Dawood bangali
 
Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170
Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170
Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170Sonam Pathan
 
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdfBPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdfHenry Tapper
 
(办理学位证)美国加州州立大学东湾分校毕业证成绩单原版一比一
(办理学位证)美国加州州立大学东湾分校毕业证成绩单原版一比一(办理学位证)美国加州州立大学东湾分校毕业证成绩单原版一比一
(办理学位证)美国加州州立大学东湾分校毕业证成绩单原版一比一S SDS
 
SBP-Market-Operations and market managment
SBP-Market-Operations and market managmentSBP-Market-Operations and market managment
SBP-Market-Operations and market managmentfactical
 

Recently uploaded (20)

212MTAMount Durham University Bachelor's Diploma in Technology
212MTAMount Durham University Bachelor's Diploma in Technology212MTAMount Durham University Bachelor's Diploma in Technology
212MTAMount Durham University Bachelor's Diploma in Technology
 
🔝+919953056974 🔝young Delhi Escort service Pusa Road
🔝+919953056974 🔝young Delhi Escort service Pusa Road🔝+919953056974 🔝young Delhi Escort service Pusa Road
🔝+919953056974 🔝young Delhi Escort service Pusa Road
 
The Triple Threat | Article on Global Resession | Harsh Kumar
The Triple Threat | Article on Global Resession | Harsh KumarThe Triple Threat | Article on Global Resession | Harsh Kumar
The Triple Threat | Article on Global Resession | Harsh Kumar
 
Quantitative Analysis of Retail Sector Companies
Quantitative Analysis of Retail Sector CompaniesQuantitative Analysis of Retail Sector Companies
Quantitative Analysis of Retail Sector Companies
 
government_intervention_in_business_ownership[1].pdf
government_intervention_in_business_ownership[1].pdfgovernment_intervention_in_business_ownership[1].pdf
government_intervention_in_business_ownership[1].pdf
 
Call Girls Near Me WhatsApp:+91-9833363713
Call Girls Near Me WhatsApp:+91-9833363713Call Girls Near Me WhatsApp:+91-9833363713
Call Girls Near Me WhatsApp:+91-9833363713
 
Tenets of Physiocracy History of Economic
Tenets of Physiocracy History of EconomicTenets of Physiocracy History of Economic
Tenets of Physiocracy History of Economic
 
House of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview documentHouse of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview document
 
Stock Market Brief Deck FOR 4/17 video.pdf
Stock Market Brief Deck FOR 4/17 video.pdfStock Market Brief Deck FOR 4/17 video.pdf
Stock Market Brief Deck FOR 4/17 video.pdf
 
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...
 
Q1 2024 Newsletter | Financial Synergies Wealth Advisors
Q1 2024 Newsletter | Financial Synergies Wealth AdvisorsQ1 2024 Newsletter | Financial Synergies Wealth Advisors
Q1 2024 Newsletter | Financial Synergies Wealth Advisors
 
Stock Market Brief Deck for 4/24/24 .pdf
Stock Market Brief Deck for 4/24/24 .pdfStock Market Brief Deck for 4/24/24 .pdf
Stock Market Brief Deck for 4/24/24 .pdf
 
NO1 WorldWide online istikhara for love marriage vashikaran specialist love p...
NO1 WorldWide online istikhara for love marriage vashikaran specialist love p...NO1 WorldWide online istikhara for love marriage vashikaran specialist love p...
NO1 WorldWide online istikhara for love marriage vashikaran specialist love p...
 
Monthly Economic Monitoring of Ukraine No 231, April 2024
Monthly Economic Monitoring of Ukraine No 231, April 2024Monthly Economic Monitoring of Ukraine No 231, April 2024
Monthly Economic Monitoring of Ukraine No 231, April 2024
 
The AES Investment Code - the go-to counsel for the most well-informed, wise...
The AES Investment Code -  the go-to counsel for the most well-informed, wise...The AES Investment Code -  the go-to counsel for the most well-informed, wise...
The AES Investment Code - the go-to counsel for the most well-informed, wise...
 
NO1 Certified Ilam kala Jadu Specialist Expert In Bahawalpur, Sargodha, Sialk...
NO1 Certified Ilam kala Jadu Specialist Expert In Bahawalpur, Sargodha, Sialk...NO1 Certified Ilam kala Jadu Specialist Expert In Bahawalpur, Sargodha, Sialk...
NO1 Certified Ilam kala Jadu Specialist Expert In Bahawalpur, Sargodha, Sialk...
 
Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170
Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170
Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170
 
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdfBPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
 
(办理学位证)美国加州州立大学东湾分校毕业证成绩单原版一比一
(办理学位证)美国加州州立大学东湾分校毕业证成绩单原版一比一(办理学位证)美国加州州立大学东湾分校毕业证成绩单原版一比一
(办理学位证)美国加州州立大学东湾分校毕业证成绩单原版一比一
 
SBP-Market-Operations and market managment
SBP-Market-Operations and market managmentSBP-Market-Operations and market managment
SBP-Market-Operations and market managment
 

Ch 9-measures-of-central-tendency-practics-quesitons-for-pipfa

  • 1. PRACTICE QUESTIONS FOR MEASURES OF CENTRAL TENDENCY Example (the arithmetic mean p248):- The demand for a product on each of 20 days was as follows, (in units). 3, 12, 7, 17, 3, 14, 9, 6, 11, 10, 1, 4, 19, 7, 15, 6, 9, 12, 12, 8 Calculate arithmetic mean {Answer:- 9.25 units} Example (grouped data p249):- From the following data, calculate arithmetic mean Daily demand Frequency > 0 ≤ 5 4 > 5 ≤ 10 8 > 10 ≤ 15 6 > 15 ≤ 20 2 {Answer:- 9.5 units} Exercise 1(p 250):- For the week ended 15 November, the wages earned by the 69 operators employed in the machine shop of Waves Ltd were as follow: Wages Number of operative Under Rs. 60 3 Rs. 60 and under Rs. 70 11 Rs. 70 and under Rs. 80 16 Rs. 80 and under Rs. 90 15 Rs. 90 and under Rs. 100 10 Rs. 100 and under Rs. 110 8 Rs. 110 and under Rs. 120 6 {Answer:- Rs. 84.56} Example (weighted arithmetic mean p251):- The marks obtained by a student in Urdu, Science and History were 60, 68 and 50 respectively. Find the appropriate average if weights of 6, 5, 4 are assigned to these marks. {Answer:- 60 marks} Example (geometric mean p252):- Find the G.M of the values 4, 3, 6. {Answer:- 4.160} Example (geometric mean using logarithms p252):- Find the G.M for the values 3, 5, 8, 6, 7, 9, 10. {Answer:- 6.43} Example (geometric mean for probability distribution p253):- Find the G.M for the following probability distribution: X 10.20 12.30 11.50 13.00 15.70 f 1 3 4 2 3 {Answer:- 12.67} Example (harmonic mean p253):- Find the H.M for the values 15, 20, 25, 23 {Answer:- 19.99} Example (harmonic mean for the frequency distribution):- Find the H.M for the following frequency distribution of weights: Weights 20----40 41----61 62----82 83----103 104----124 f 8 7 10 6 4 {Answer:- 54.483} Example (weighted harmonic mean):- Find the H.M of the values 20.0, 35.5, 40.0 and 37.0 with their respective weights 7.0, 8.5, 3.0 and 6.0 {Answer:- 29.63} Example (the mode p255):- The daily demand for stock in a ten day period is as follows: Demand units 6 7 8 Number of days 3 6 1 {Answer:- 7}
  • 2. Example (the formula for the mode):- Calculate the mode of the following frequency distribution Value Frequency At least Less than 10 25 6 25 40 19 40 55 12 55 70 7 70 85 3 {Answer:- 34.75} Exercise 2(p 256):- An analysis of sales invoices outstanding at the end of February is as follows: Invoice value Number of invoicesAt least Less than Rs. Rs. 10 25 4 25 40 8 40 55 18 55 70 9 70 85 3 {Answer:- Rs. 47.89} Example (the median p258):- Find median of the following values: (i) 8, 6, 9, 12, 15, 6, 3, 20, 11. (ii) 8, 6, 7, 2, 1, 11, 3, 2, 5, 2 {Answer:- (i) 9 , (ii) 3 } Example (median of an ungrouped frequency distribution):- Find the median of an ungrouped frequency distribution Value X 8 12 16 17 19 Frequency f 3 7 12 8 5 {Answer:- 16} Example (the median of a grouped frequency distribution):- The average monthly earning of 135 employees of Honda Ltd. Have been analyzed as a grouped frequency distribution as follows: Average monthly earnings Number of invoicesMore than Not more than Rs. Rs. 120 140 12 140 160 49 160 180 25 180 200 18 200 220 17 220 240 14 Calculate the median monthly earnings of employees of Honda Ltd. {Answer:- Rs. 165.60} Exercise 3(p 260):- The following grouped frequency distribution gives the annual wages of 200 employees in an engineering firm. Wages Rs. Number of employees 5000 and less than 5500 4 5500 and less than 6000 26 6000 and less than 6500 133 6500 and less than 7000 35 7000 and less than 7500 2 Calculate mean, median and mode of annual wages. {Answer:- Mean = Rs. 6262.50 Median = Rs. 6263.16 Mode = Rs. 6260.98}
  • 3. Practice question 9.1(LAHORE GARDENERS’ ASSOCIATION):- The following figures were published by the Lahore Gardeners Association. Earnings in 19x2 Number of gardenersAt least Not more than Rs. Rs. 0 500 1 500 1000 4 1000 1500 6 1500 2000 12 2000 2500 9 2500 3000 7 3000 3500 5 3500 4000 3 4000 4500 2 4500 5000 1 (a) Calculate the model earnings. (b) Calculate the median earnings. (c) Calculate the arithmetic mean earnings. {Answer:- (a) Rs. 1833, (b) Rs. 2111.11, (c) Rs. 2240 } Practice question 9.2(PAKISTAN TIMES):- (a) Set out the advantages and disadvantages of the mean, median and mode as measure of central tendency. {(i) THE MEAN The mean has the following advantages; (1) It is widely understood (2) It uses every value in its computation (3) It gives a unique value It does, however, have two major disadvantages. (1) It may give an impossible value (e.g. 2.2 children) (2) It may be distorted by extremely high/low values. (ii) THE MODE Advantages of the mode are as follows (1) It is an actual value (2) It is not distorted by extreme values. It has the following disadvantages. (1) It may not be unique (2) It ignores dispersion about the model value (3) It does not take every value into account (iii) THE MEDIAN The median has the advantage that it is not distorted by extreme values but there is a disadvantange to the median. It does not take every value into account.}
  • 4. (b) Pakistan times to work of employees of a company were as follows Time in Minutes No of employees Less than 10 14 10 but less than 20 26 20 but less than 30 64 30 but less than 40 46 40 but less than 50 28 50 but less than 60 16 60 but less than 80 8 80 but less than 100 4 (i) Obtain the mean, median and mode of travel time to work (ii) Negotiations are under consideration for payment for travelling time to work. State, giving reasons, which measure of central tendency you would use if you are (1) the employer, and (2) a trade union representing the employees. {Answer: - (i) Mean = 32.67 minutes, Median = 29.84 minutes, Mode = 26.79 minutes (ii) (1) The employer would seek to minimize paid for travelling time. He should therefore choose the mode, perhaps arguing that the modal time is the most representative because the largest number of employees take that long to come to work (2) The trade union would seek to maximize the amount paid for travelling time. It should therefore choose the mean, perhaps arguing that the mean time is the only average which takes inot account the travelling times of all employees. } Practice question 9.3(OUTPUT DISTRIBUTION):- Find the arithmetic mean for the following distribution of output levels of product Q. Output of Q kg No. of days (frequency) 350 – under 360 4 360----370 6 370----380 5 380----390 4 390----400 3 {Answer: - 373.18} Practice question 9.4(COMPANY’S PROFIT):- The arithmetic mean of profit earned by two companies “X” and “Y” is Rs.34 million whereas the geometric mean is Rs. 16 million. Find out the profit earned by each company. It is known that company “X” earned more than “Y”. {Answer: - Solution set = 64, 4} Practice question 9.5(AVERAGE RATE OF INFLATION):-The rate of inflation in four successive years in a country was 7 percent, 11 percent, 15 percent and 19 percent. Using the geometric mean, find the average rate of inflation per year. {Answer: - Average rate of inflation = 12.91%} Practice question 9.6(SYMMETRICAL DISTRIBUTION):- (a) In a perfectly symmetrical frequency distribution, the mean of the data is 88. Find median and mode. (b) In a moderately skewed frequency distribution, mean = 60 and median = 55. Find mode. {Answer: - (a) median = 88, mode = 88}