MSTS000 DATE: 12/04/2023

SEMESTER TEST 1 MEMO TOTAL MARKS: 50

Question 1 [10 Marks]

1.
1.1. Descriptive statistics summarise (profile) sample data, and inferential statistics
generalize sample findings to a broader population.
1.2.
i. Performance appraisal system used
ii. All JSE companies
iii. The 68 managers surveyed
iv. A JSE-listed company
v. 46% is a sample statistic
vi. Random sampling is necessary to allow valid inferences to be drawn based on the
sample findings.
Question 2 [16 Marks]
2.
i. Numeric, ratio-scale, continuous {21.4 years }
ii. Numeric ration-scale, continuous {412.2 m^2}
iii. Categorical, nominal-scaled, discrete {matric/diploma..}
iv. Categorical, nominal-scaled, discrete {married/single}
Question 3 [20 Marks]
3.
3.1.

Quality Rating Frequency

Poor 2
Below Average 3
Average 5
Above Average 9
Excellent 1
Total 20
3.2.

Relative Percent
Quality Rating Frequency Frequency
Poor 0.10 10
Below Average 0.15 15
Average 0.25 25
Above Average 0.45 45
Excellent 0.05 5
Total 1.00 100
3.3.
MSTS000 DATE: 12/04/2023
SEMESTER TEST 1 MEMO TOTAL MARKS: 50

Marada Inn Quality Ratings

Frequency
10
8
6
4
2
0
Poor Below Average Above Excellent
Average Average

Quality Rating

3.4

Marada Inn Quality Ratings

Poor
10%
Excellent Below Av-
5% erage
15%

Above Av-
erage
Average
45%
25%

Question 4 [4 Marks]
4.
4.1. 64
4.2. 240
4.3. 24