TEST 2

MODULE Business Statistics 102

INSTRUCTIONS TO CANDIDATES:

• Students are advised to carefully read and understand the questions

before answering them.

• Students should follow all specific instructions for individual questions (e.g., “list”, “in

point form”, “show all workings”).

• The mark allocation is an indication of the weight and the length of the

question.

• The re spo n se s must be your own work. Plagiarism is a form of

academic dishonesty and will not be tolerated.

DATE: 20 May 2023 TIME: 18h00 – 19h30

DURATION: 90 minutes MARKS: 50

1. Classify the following variable as qualitative or quantitative. If the variable is quantitative, state
whether it is discrete or continuous: Weight of a diamond in carats. (2)
A. Qualitative
B. Quantitative and continuous
C. Quantitative and discrete
D. Qualitative and continuous

2. Classify the following variable as qualitative or quantitative. If the variable is quantitative, state
whether it is discrete or continuous: Brand name of a pair of running shoes. (2)
A. Qualitative
B. Quantitative and continuous
C. Quantitative and discrete
D. Qualitative and continuous

3. Which one of the following terms best describes data that were originally collected at an earlier
time by a different person for a different purpose? (2)
A. Primary data
B. Secondary data
C. Experimental data
D. Observational data

4. Solve the following:

(12 − 8) + (8  2 ) (2)
( 3  4 )    
1 1
4 2
A. -13
B. 3/10
C. 40/3
D. 10/3

3 8 2  3 7 6
5. Solve the following:       + −  (2)
 4 10 30   6 4 8 
A. 13.5
B. 6
C. 24
D. 36/24

6. Convert the following decimal (0.125) to a simplified fraction (2)

A. 125/100
B. 12.5/50
C. 5/40
D. 3/5

7. Convert the following decimal (0.45) to a simplified fraction (2)

A. 7/100
B. 9/20
C. 45/50
D. 45 /100
8. Write the following decimal in scientific notation: 3.215 (2)
A. 32.15 X 101
B. 3.215 X 100
C. 0.3215 X 101
D. 0.03215 X 10-2

9. Write the following decimal in scientific notation : 132.7 (2)

A. 0.1327 X 103
B. 13.27 X 102
C. 1.327 X 10-2
D. 1.327 X 102

The annual salaries, (In R’000), of part-time employees at a wholesale Cash-and-Carry firm are
illustrated in the following histogram

16
14
Number of employees

12
10
8
6
4
2
0
4 6 8 10 12 14 16 18
Salaries (R'000)

10. This distribution is: (2)

A. Positively skewed
B. Negatively skewed
C. Symmetrical
D. Uniform

11. In which interval will you find the most employees? (2)
A. Earning between R6 000 and R8 000
B. Earning R18 000
C. Earning between R4 000 and R6 000
D. Earning between R16 000 and R18 000
The weights (in grams) of a sample of specimens received by a health laboratory on a randomly
selected day are as follows:

200 325 172 200 186 378 325 196

12. The mean weight of the specimens is 247.75. Determine the standard deviation weight of
the specimens. (2)
A. 80.79 gr
B. 6 527.07 gr
C. 75.57 gr
D. 10.58 gr

13. The mode of the weights weight is: (2)

A. 300 gr
B. 200 gr and 325 gr
C. 200 gr
D. 247.75 gr

14. The median weight is: (2)

A. 193
B. 293
C. 200
D. 275

A total of 250 students have written a Statistics exam. They must obtain 50% to pass. The ogive
distribution of marks is as follows:

100 100
90
85
90 80
80
70 60
% of students

60
45
50
40 30
30
15 18
20
8
10 0
0
0 10 20 30 40 50 60 70 80 90 100
% Marks obtained
15. How many students obtained less than 30%? (2)
A. 18
B. 20
C. 45
D. 82

16. How many students passed the examination? (2)

A. 45
B. 112
C. 138
D. 75

Each prospective employee who applies for a job at a certain bank is given a test. The length of
time (in minutes) it took a sample of 42 applicants to write the test is summarised in the
following frequency distribution table:

Length of time in Number of applicants Midpoint x Cumulative

Midpoint
minutes (frequency) frequency frequency
[1 ; 4) 4 2.5 10 4
[4 ; 7) 8 5.5 44 12
[7 ; 10) 14 8.5 119 26
[10 ; 13) 9 11.5 103.5 35
[13 ; 16) 5 14.5 72.5 40
[16 ; 19) 2 17.5 35 42

17. What is the mean time it took the applicants to write the test? (2)
A. 10 min
B. 1.43 min
C. 9.25 min
D. 64 min

18. What is the median time taken to write the test? (2)
A. 9.036
B. 8.5
C. 8.929
D. 12.333

19. What is the mode for this data set? (2)

A. 8.5
B. 8.636
C. 11.5
D. 14
The prices and quantities of bread were compared over a two year period for the weekly
average numbers of different types of bread per household. Use the data in the table below to
answer the next 3 questions.

Years
Commodity 2019 2021 2019 2021 PiQb PbQb
Pb Pi
White bread 10.50 12.00 8 2 96.00 84.00
Brown bread 7.00 8.50 5 7 42.50 35.00
Rye bread 18.00 12.00 2 5 24.00 36.00
Total 35.50 32.50 15 14 162.50 155.00

20. Which type of bread shows the largest relative change in price over the two years? (2)
A. White bread
B. Brown bread
C. Rye bread
D. No significant increase in prices

21. Calculate and Interpret Laspeyre’s price index for 2021 using 2019 as base year. (2)
A. Increase of 4.84%
B. Decrease of 4.62%
C. Decrease of 7.42%
D. Increase of 8.01%

At most shoe factories, there exists a linear relationship between the cost of material and the
turnover of the factory. The cost of material x (in R1 000) and the turnover y (in R1 000) of five
shoe factories are as follows:

Turnover Cost of material

95 21
230 51
85 18
180 43
25 15

Given: y2= 102 175 x2= 5 440 xy = 23 370 x = 148 y = 615
𝑦̂ = −21.37 + 4.88 Answer the following TWO questions:

22. Calculate the correlation coefficient for the sample data and interpret the value. (2)
A. A strong positive correlation of 0.975
B. A strong negative correlation of -0.975
C. A positive correlation of 0.949
D. The cost of material explains 97% of the variation of the turnover
A medical trial into the effectiveness of a new medication was carried out on 210 patients, 120
females and 90 males. At the end of the trials the medical team classified them as responded
positively or negatively to treatment. The data was summarized on the table below:

Female Male Total

Positive 50 30 80

Negative 70 60 130

Total 120 90 210

23. If a patient is selected at random, what is the probability that the patient will respond
positively? (2)
A. 0.381
B. 0.800
C. 0.619
D. 0.571

24. If a patient is selected at random, what is the probability that the patient will respond
negatively? (2)
A. 0.381
B. 0.800
C. 0.619
D. 0.571

25. If a patient is selected at random, what is the probability that the patient will respond
positively and the patient is male? (2)
A. 0.381
B. 0.375
C. 0.143
D. 0.429