UNIVERSITY EXAMINATIONS: 2021/2022

ORDINARY EXAMINATION FOR THE DEGREE OF BACHELOR OF

COMMERCE, BACHELOR OF PROCUREMENT AND LOGISTICS,
BACHELOR OF PUBLIC MANAGEMENT AND INTERNATIONAL
BUSINESS MANAGEMENT

MAT 1203: MANAGEMENT MATHEMATICS II

WEEKEND AND DISTANCE LEARNING
DATE: AUGUST, 2022 TIME: 2 HOURS

INSTRUCTIONS: Answer Question ONE and Any Other TWO

QUESTION ONE [20 MARKS]

a) Define the following:
i) Primary data. (1 Mark)
ii) Secondary data. (1 Mark)
iii) Simple random sampling. (1 Mark)
b) The table given shows the performance of mathematics in a class.

Gender Pass Fail

Male 130 10
Female 100 8

i) Given that a student chosen at random passed, find the probability it was a
male student. (2 Marks)
ii) Calculate the probability of male students passing. (2 Marks)
iii) Given that the student chosen at random is a female student, find the
probability of passing. (2 Marks)

c) Easy Bus Company offers intercity transportation to surrounding locations. One particular run
carries passenger as shown by the probability distribution.
 Number of 30 35 40 45
passengers
Relative 0.2 0.25 0.3 0.25
frequency

(i) Costs are fixed at Sh.200 per trip regardless of the number of passengers. If CBC wants
to average a profit of Sh.100 for each run, find how much should be charged per
passenger. (4 Marks)
(ii) What variation in revenue will result if it charges the amount specified in part (i)?
(2 Marks)
d) Given the following data:
2, 2, 2, 3, 3, 4, 5, 5, 6, 7, 8, 10
Calculate the:
i) Standard deviation. (3 Marks)
ii) Harmonic mean (2 Marks)

QUESTION TWO [15 MARKS]

A Household has its purchasing trend recorded below.

2018 2019
Commodity Price (Shilligs) Quantity Price Quantity
(Shillings)
Bread 60 400 125 800
Milk 55 500 61 500
Rice 240 2 242 2
Beans 130 1 135 1

Use the base year of 2018 to calculate the:

a) Laspeyres’ price index. (4 Marks)
b) Paasche’s price index. (4 Marks)
c) Fisher’s price index. (3 Marks)
d) Marshall’s edgeworth quantity index. (4 Marks)
QUESTION THREE [15 MARKS]
A sample of diameters of washers in millimetres from a factory was recorded as shown in the table.

Diameter 10-13 14-17 18-21 22-25 26-29

Frequency 6 8 16 6 4

Calculate the:
a) Mean. (3 Marks)
b) Standard deviation. (2 Marks)
c) Mode. (3 Marks)
d) Pearson’s first coefficient of skewness. (2 Marks)
e) Median. (3 Marks)
f) Number of washers with diameters of at least 15 millimetres. (2 Mark)

QUESTION FOUR [15 MARKS]

1 1 1
a) The probability of two machines P, Q and R breaking down are , and respectively. Find
4 6 5
the probability that:
i) All will break down. (2 Marks)
ii) Only one will break down. (2 Marks)
iii) At least two will be working. (2 Marks)
b) If you are given 20 students from class A, 35 students from class B and 45 students from class
C. Choose an appropriate random sampling technique you would use to select 30 students for
a trip with good representation from each group. (3 Marks)
c) The Marks scored by students in mathematics test were recorded as shown.
Marks 10 12 14 16 18
Frequency 3 8 10 4 2

Calculate the:
i) Geometric mean. (3 Marks)
ii) Harmonic mean. (3 Marks)
iii)