Revision 7 (AM025)

1. The selling price and quantity for several grocery items are given below.
Item 2009 2010
Price Quantity Price Quantity
(RM/kg) (kg) (RM/kg) (kg)
A 0.25 210 0.40 210
B 0.85 180 1.15 210
C 10.00 40 8.00 60
D 0.35 35 0.60 40
2009 : 100
Calculate
(a) the simple aggregate price index. Explain the value obtained.
[3 marks]
(b) the Laspeyres quantity index.
[2 marks]
(c) the Paasche price index.
[2 marks]

2. The amount spent by college students for lunch in a day at a campus café is normally
distributed with mean  and standard deviation RM2.00. It is found that 2.5% of the
students spend more than RM12.
(a) Show  = RM8.08.
[4 marks]
(b) Find the probability that a randomly chosen college student spends between
RM7.50 and RM10.00 lunch.
[3 marks]
(c) Ten college students are chosen at random. Find the probability that
(i) two of them spend more than RM12.00 for lunch.
[3 marks]
(ii) not more than two of them spend more than RM12.00 for lunch.
[3 marks]

Mathematics Unit KMJ |

 Revision 7 (AM025)

3. (a) A survey conducted by a consumer association on the quality of car lubricant

is given in the table below:
Brand A B C D E F G
Price/litre 23.50 18.70 17.70 18.90 25.00 17.90 23.00
(RM)
Quality 2 6 7 4 3 5 1
Ranking

Find the Pearson’s correlation coefficient. Hence, determine whether the

consumers generally get value for their money.
[4 marks]

(b) The summary statistics of the turnover (Y in RM million) and number of stores
(X) in six regions are as follows.
 x = 952,  x = 159728,  y = 95,
2
 y = 1597,  xy = 15957
2

(i) Obtain a least squares regression line of turnover on stores.

[4 marks]
(ii) Find the Pearson’s correlation coefficient.
[2 marks]
(iii) For a region of 200 stores, predict the turnover. Comment on the
accuracy of the prediction.
[3 marks]

END OF QUESTION BOOKLET

Mathematics Unit KMJ |