Statistics for Business Management 1 (MGTC2206)

Higher Institute of Commerce and Management (HICM)

Semester: Second Semester

Level: 200

Year: 2015

INSTRUCTIONS: ANSWER ALL QUESTIONS.
SECTION A: FILL IN THE BLANK SPACES OR CIRCLE THE RIGHT ANSWER.
(T = TRUE & F = FALSE)
1) The sum of the relative frequencies equals one while the cumulative frequency is equal to one
hundred. T F
2) The two branches of statistics are ____________________ & ______________________
3) The population in statistics refers to the total number of people living in a given area at a time.
T F
4) Data collected by going to the field is referred to as _______________________________
5) A non-numerical data is referred to as _______________________________________________
6) A simple bar chart is a set of joining bars to a height equals to the class frequency.
T F
7) Stratified sampling involves the splitting of the population in to mutually exclusive groups and
selecting the groups.
T F
8) An ogive curve plots the relative frequencies of the distribution.
T F
9) The class width is the difference between the lower and the upper-class limits.
T F
10) A variable which is arranged in a hierarchical manner is called ___________________________
11) A table that records each category and the number of times that it occurs is referred to as
____________________________________________________________________________
SCHOOL/FACULTY: H.I.C.M DEPARTMENT: Accounting/Finance
COURSE CODE: COURSE TITLE: Statistics for Business Management 1
SEMESTER: Second NATURE: C. A LEVEL:
LECTURER: DATE: HALL: DURATION: 1hour
REPUBLIC OF CAMEROON
Peace -Work Fatherland
UNIVERSITY OF BAMENDA
P.O BOX 39 BAMENDA
TEL: 33 36 36 94
REPUBLIQUE DU CAMEROUN
Paix -Travail Patrie
UNIVERSITE DE BAMENDA
P.O BOX 39 BAMENDA
TEL: 33 36 36 94
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12) The height of a boy is an example of a _____________________________________ data.
13) A sub set of a population or universe is called ____________________________________
14) Two examples of probability sampling techniques are _________________________________ and
_____________________________________________________________________________
15) A graphical method using pictures to represent magnitude of variables is called line chart.
T F
16) Two advantages of statistics to a business man are:
i. __________________________________________________________________________
ii. __________________________________________________________________________
17) A sampling technique with everyone having an equal chance of being selected is referred to as
________________________________________________________________________________
(20 x 1 Mark = 20 marks)
SECTION B: TURNOVER AND ANSWER QUESTION 18 (10 MARKS)
18) The following shows marks earned in a Statistic examination:
Marks (x) 0 10 10 20 20 -30 30 40 40 50 50 60 60 -70 70 -80
Frequency 2 4 8 15 25 28 10 8
REQUIRED:
a) Represent the information using a histogram and indicate the frequency polygon.
b) Using the histogram, what is the highest mark earned in the Statistic examination?
c) Using the ogive, how many students scored:
i. More than 40 marks.
ii. Less than 50 marks.
GOOD LUCK!!!
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