Assignment No: 02 in Business Statistics Issued by: Sir Habib Nawaz
Submitted by: Syed Hezbullah Shah Bukhari(BBA-IT) University of Science & Technology Bannu
QUESTION:
The following table gives the frequency distribution for marks obtained by 40
students in an examination.
No: of
Marks
students
18 - 26 3
27 - 35 5
36 - 44 9
45 - 53 12
54 - 62 5
63 - 71 4
72 - 80 2
a) Calculate the median & mode of the frequency distribution.
b) Calculate the 2nd & 4th moment about the mean and comment of the shape of the
distribution with regard to kurtosis.
c) Calculate standard deviation & Co-efficient of variance.
SOLUTIONS:
Mid Points Cumulative
Class fi
Classes Frequency
Boundaries xi (F)
18 - 26 17.5 - 25.5 22 3 3
27 - 35 26.5 - 34.5 31 5 8
36 - 44 35.5 - 43.5 40 9 17
45 - 53 44.5 - 52.5 49 12 29
54 - 62 53.5 - 61.5 58 5 34
63 - 71 62.5 - 70.5 67 4 38
72 - 80 71.5 - 79.5 76 2 40
40 169
a)
Median:
h n
Formula: Median = l C ------------- (A)
f 2
Where
l = Lower class limit / class boundary of the median group.
h = Class interval. (Difference of two upper or two lower class limits)
C = Cumulative frequency preceding the median group.
n = Total number of observation.
Syed Hezbullah Shah Bukhari (BBA-IT) http://bukhari1986.itgo.com
University of Science & Technology Bannu 1 Roll No: 21
Assignment No: 02 in Business Statistics Issued by: Sir Habib Nawaz
Submitted by: Syed Hezbullah Shah Bukhari(BBA-IT) University of Science & Technology Bannu
n 40
Median group = = = 20th student
2 2
h 27 18 9
Putting the values in eq=n (A) , we get:
9 40 40 34
Median = 44.5 17 = 44.5 0.75
12 2 2
6
Median = 44.5 0.75 = 44.5 0.75(3) = 44.5 2.25
2
Median = 46.75 marks
Mode:
fm f 1
Formula: Mode = l h
( fm f 1) ( fm f 2)
Where
l = lower class boundary of the modal class.
fm = frequency of the modal class.
f1 = frequency associated with the class preceding the modal class
f2 = frequency associated with the class following the modal class
h = width of the class interval
Putting the values in the formula, we get:
12 9 3
Mode = 44.5 9 = 44.5 9
(12 9) (12 5) (3) (7)
3
Mode = 44.5 9 = 44.5 2.7
10
Mode = 47.2 ANS
Syed Hezbullah Shah Bukhari (BBA-IT) http://bukhari1986.itgo.com
University of Science & Technology Bannu 2 Roll No: 21
Assignment No: 02 in Business Statistics Issued by: Sir Habib Nawaz
Submitted by: Syed Hezbullah Shah Bukhari(BBA-IT) University of Science & Technology Bannu
b)
Mid
Classes Points fi fx ( xi x ) ( xi x ) 2 ( xi x ) 4
xi
18 - 26 22 3 66 -24.975 623.750625 389064.8422
27 - 35 31 5 155 -15.975 255.200625 65127.359
36 - 44 40 9 360 -6.975 48.650625 2366.883313
45 - 53 49 12 588 2.025 4.100625 16.81512539
54 - 62 58 5 290 11.025 121.550625 14774.55444
63 - 71 67 4 268 20.025 401.000625 160801.5013
72 - 80 76 2 152 29.025 842.450625 709723.0556
40 1879 14.175 2296.704375 1341875.011
Mean x
fx 1879 46.975
f 40
Moments:
1
Formula: Moment = m r =
n
( xi x ) r , for sample data
1
Moment = r =
N
( xi ) r
, for population data
Calculation:
1 1
0.025
n 40
2nd moment:
1
Moment = m 2 =
n
( xi x ) 2 = 0.025(2296.704375)
m2 = 57.41760938
4th moment:
1
Moment = m 4 =
n
( xi x ) 4 = 0.025(1341875.011)
m4 = 33546.87527
Syed Hezbullah Shah Bukhari (BBA-IT) http://bukhari1986.itgo.com
University of Science & Technology Bannu 3 Roll No: 21
Assignment No: 02 in Business Statistics Issued by: Sir Habib Nawaz
Submitted by: Syed Hezbullah Shah Bukhari(BBA-IT) University of Science & Technology Bannu
Shape of the distribution:
m4 33546.87527
2 2 = = 10.17564
(m2 ) (57 .41760938) 2
2 > 3 so it is lepto-kurtic
c)
Standard Deviation:
fx fx
2 2
Formula: S =
n n
Putting values, we get:
2
95797 1879 3530641
S = = 2394.925
40 40 1600
S = 2394.925 2206.650 = 188.275
S = 13.72 ANS
Co-efficient of Variation:
S
Formula: Co-efficient of Variance = 100 (For Sample Data)
x
Co-efficient of Variance = 100 (For Population Data)
Calculation:
S 13.72
C.V = 100 = 100
x 46.975
C.V = 4697.5
THE END
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University of Science & Technology Bannu 4 Roll No: 21
