GREAT COLLEGE DISTANCE EDUCATION DIVISION

T E L. 0 9 7 9 -7 7 -7 7 -7 0 /7 1 /7 2

ASSIGNMENT
ON
STATISTICS for Finance

Date: - _____________

Total Weight: - 30 %

Name: - ____________________________ ID NO: - ______________

Department: -_______________ Study center: -_____________ Entry year: -
___________

Program: DEGREE
This is the only assignment of this course.

This assignment is to be completed and submitted to the office of your center. Do not
attempt the assignment until you are certain that you have understood the units it covers
and have revised your self-test exercises and learning activities, and other necessary
references.

If you have any question about the units and activities, state the item/s clearly on a
separate sheet of paper and attach to your assignment paper .
 1. Calculate the number of shops corresponding to class interval 30 - 40 of the following
distribution if the mean profit is 28.

Profit per Shop 0-10 10-20 20-30 30-40 40-50 50-60

# of Shops 12 18 27 f4 17 6

2. The mean weight of 150 students of a class is 60kgs. The mean weight of boys is
70kgs and that of girls is 55kgs. Find the number of boys and girls in the class.
3. Find the arithmetic mean , the mode , the median and the standard deviation

x 28 30 32 34 36 38 40 42
f 14 15 16 24 16 10 6 4

4. Discuss the difference between primary data and secondary data

5. Dinkinesh Ethiopia Tour has 2000 employees placed in 4 departments, finance &
accounting, personnel, operations, and Marketing. A student wanted to make some
kind of research in this company and decided to take a stratified sample of 650
employees. Moreover, it is known that there are 350 employees in personnel, 500 in
operations, 900 in Accounting and finance, and the rest in marketing. What number
of employees should be taken from each of these 4 departments, using the
proportional allocation method?
6. 100 employees were surveyed in a factory to find out their ages. The result was
obtained as follows.

32 21 28 31 35 46 48 49 49 48
36 37 22 31 28 34 20 45 44 48
38 33 33 23 28 29 33 26 36 30
43 42 32 36 24 27 27 32 45 45
39 39 38 32 33 25 30 28 37 36
42 43 38 40 35 34 20 30 36 32
40 38 38 40 46 36 35 21 31 35
41 42 39 40 46 44 32 37 22 27
41 39 40 38 44 45 48 36 32 23
40 41 40 44 49 49 49 49 37 33

Construct a Grouped Frequency Distribution (GFD) with seven classes for the above data and
draw the histogram