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Assignment 2

1. A survey was conducted of a residential colony in Mumbai to analyze income distribution. It showed the number of families and earning members within different income brackets. The document asks to calculate the average monthly income per family and per earning member. 2. A quality control lab tested electric bulbs from two suppliers. The results showed the number of bulbs from each supplier within different life expectancy ranges. The document asks which supplier's bulbs had a greater average life. 3. Two brands of tires were tested for average life and variability. The results showed the number of tires from each brand within different life ranges. The document asks which brand had a greater average life and which would be better for a fleet of trucks.

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205 views

Assignment 2

1. A survey was conducted of a residential colony in Mumbai to analyze income distribution. It showed the number of families and earning members within different income brackets. The document asks to calculate the average monthly income per family and per earning member. 2. A quality control lab tested electric bulbs from two suppliers. The results showed the number of bulbs from each supplier within different life expectancy ranges. The document asks which supplier's bulbs had a greater average life. 3. Two brands of tires were tested for average life and variability. The results showed the number of tires from each brand within different life ranges. The document asks which brand had a greater average life and which would be better for a fleet of trucks.

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Copyright
© © All Rights Reserved
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1.

The following table gives income distribution of a residential colony on the basis of sample survey
carried out in one of the suburbs in the city of Mumbai.
Income Group No. of Families Earning Members
(in Rs. per month for families)
0-100000 32 35
10000-20000 50 60
20000-30000 70 80
30000-40000 25 52
40000-50000 15 43
50000-60000 8 30
Calculate average monthly income
a) Per family
b) Per earning member
2. A quality control Laboratory received samples of electric bulbs for testing their lives, from two
suppliers. The results were as follows:
Length of life (in hrs.) Company A Company B
1500-2000 16 18
2000-2500 26 22
2500-3000 8 8
Which company’s bulbs have the greater length of life?
3. Two brands of tyres are tested with the following result:
Life (in ’000 miles) No. of tyres of brand
X Y
20-25 1 0
25-30 22 24
30-35 64 76
35-40 10 0
40-45 3 0
a) Which brand of tyres has greater average life?
b) Compare the variability and state which brand of tyres would you use on your use on your
fleet of trucks?
4. A business school reported its findings from a study of recent graduates. A sample of n=10 finance
majors had a mean stating salary of $45000, a median starting salary of $45000, and a standard
deviation of $10000. A sample of n=10 information systems majors had a mean stating salary of
$56000, a median starting salary of $45000, and a standard deviation of $37000. Discuss the central
tendency, variation, and shape of starting salaries for two majors.
5. Marks obtained by 45 students (Section B) in Quiz of Marketing Management Paper out of 10 are as
follows:
5 6 5 6 6 7 5 7 8 8 6 9 7 8 9 8 7 6 7 6 5 7 6 4 6 7 5 4 8 4 9 5
7 8 4 7 5 8 8 7 4 5 8 6 7

Suppose you present this set of data as it is to The Director. At best it will be boring to him. So that, Arrange
the data in.
6. End of Term, Marks obtained by these students in a marketing management out of full marks 100
are as follows:
78 25 25 40 30 29 35 42 43 43 44 20
48 44 43 48 36 46 48 47 36 60 31 47
33 65 68 73 39 12 60 20 47 49 51 38
49 35 52 61 34 76 79 20 16 70 65 39
60 45
Arrange the data in a frequency distribution table and find no. of students above 70% marks & less
than 50%marks.

7. Tabulate the following.


Situation 1:
Out of a total number of 10,000 candidates who applied for jobs in a government department, 6,854
were males, 6200 were graduates and other, non-graduates. The number of male graduate was
4146.

Situation 2:
Out of a total number of 10,000 candidates who applied for jobs in a government department, 6,854
were males, 3146 were graduates and other, non-graduates. The number of candidates with some
experience was 2623 of whom 1860 were males. The number of male graduates was 2012. The
number of graduates with experience was 1093 that includes 323 females.

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