Mary Leah A.

Olegenio

Business Statistics (Assignment # 1)

A. In each of these statements, tell whether descriptive or inferential statistics have

been used.

Descriptive 1. 6 out of 45 computers in the computer laboratory are defective.

Descriptive 2. This Year, the net income of MAI Company increased by 20%.
Inferential 3. In 2010, the sales volume of IBC Company will increase by 15%.
Descriptive 4. Seven out of ten on-the-job injuries are men
Descriptive 5. Gross sales of EGC Fashion were P12.6 million in the month of January 2009
Inferential 6. The price of crude oil may soon reach 20 dollars per barrel
Descriptive 7. The average number of absences of employees in a company was 14 per year
Descriptive 8. Expenditures for a cable company for 2008 was P15.5 million
Inferential 9. It is expected that interest rates will decrease by the year's end
Descriptive 10. The median income of people aged 24-35 is P20,000 per month

B. Classify each as nominal level, ordinal level, interval level, or ratio – level
measurement.

Ordinal level 1. Pages in this textbook

Ordinal level 2. Ranking of basketball teams in the PBA
Ratio level 3. Weights of the cargoes being disembarked at the SUBIC Economic
Zone.
Interval level 4. Temperatures at Tagaytay
Answer each of the following

Below is a Summary of the color preferences of 400 randomly selected car buyers in
Metro Manila.

Red Blue Gray Yellow Green

102 80 95 66 57

A. Construct a percentage or relative distribution

Red Blue Gray Yellow Green Total

102 80 95 66 57 400
25.5% 20% 23.75% 16.5% 14.25% 100%

B. Construct a Pie Chart to Describe the data

Selected Car Buyer

Green Red
14% 26%

Yellow
17%

Blue
20%
Gray
24%
The following is based on the values supplied in the Annual report of the F & F
Company for 1994. Construct a percentage pie chart for the order backlog according to
the category of order

Category Amount
Commercial Aircraft P 2732
Missiles & Space P 408
Military Aircraft P 639
Others P 45

Commercial Missiles Military Aircraft Others

Aircraft & Space
P2732 P 408 P 639 P 45
71.50% 10.68 % 16.72 % 1.18 %

Military Aircraft P Others P 45

639 1%
17%

Missiles & Space P

408
11%

Commercial
Aircraft P2732
71%

Annual report of the F & F Company for 1994

Commercial Aircraft P2732 Missiles & Space P 408 Military Aircraft P 639 Others P 45