ARITMETIC MEAN
WEIGHTED MEAN
Q1. An investor is fond of investing in equity shares. During a period of falling
prices in the stock exchange, a stock is sold at Rs 120 per share on one day, Rs
105 on the next and Rs 90 on the third day. The investor has purchased 50 shares
on the first day, 80 shares on the second day and 100 shares on the third day.
What average price per share did the investor pay? Ans: 101.7
Grouped Data - Without Class
Q2. Find the mean from the following data:
X f
5 15
15 20
25 25
35 24
45 12
55 31
65 71
75 52
Grouped Data (with class) - Direct Method (Midpoint Method)
No. of persons
Q3. Age dying
0-10 15
10-20 30
20-30 53
30-40 75
40-50 100
50-60 110
60-70 115
70-80 125
Q4. The following table gives the marks of 58 students in Statistics.
Calculate the average marks of this group. Ans: 33.45
Marks No. of students
0-10 4
10-20 8
20-30 11
30-40 15
40-50 12
50-60 6
60-70 2
Total 58
Q5. Use short cut ( assumed mean) method for the above problem?
Q6. Use Step Deviation Method for Q4.?
Soln. Marks No. of students m d d' = d/10 fd'
0-10 4 5 -30 -3 -12
10-20 8 15 -20 -2 -16
20-30 11 25 -10 -1 -11
30-40 15 35 0 0 0
40-50 12 45 10 1 12
50-60 6 55 20 2 12
60-70 2 65 30 3 6
Total 58 Σfd' -9
Q7. The mean of the following frequency distribution was found to be 1.46.
Calculate the missing frequencies.
No. of
Accidents No. of days
0 46
1 ?
2 ?
3 25
4 10
5 5
Total 200 days
MEDIAN AND MODE
Find the median and mode:
Q1. X 69 75 72 70 71 73 74 76 70
Salary (in '000)
Q2. 10 14 18 22 24 30 32
No. of Workers 5 7 10 16 14 8 4
Q3. X 1 2 3 4 5 6
f 7 12 17 19 21 24
Q4. Salary Frequency ( class should be made in continous form; subtract 0.5 from UL &
260-269 6 add 0.5 to LL)
270-279 14
280-289 29
290-299 23
300-309 16
310-319 10
320-329 2
from UL &
QUARTILES
Find Quartiles:
Salary
Q1. ('000) 10 14 18 22 24 30 32
No. of
Workers 5 7 10 16 14 8 4
Q2. X 1 2 3 4 5 6
f 7 12 17 19 21 24
Q3. Class Frequency
20-24 2
24-28 3
28-32 5
32-36 10
36-40 8
40-44 6
44-48 16
48-52 12
52-56 10
56-60 7
60-64 5
Q4. Class Frequency
70-80 12
80-90 18
90-100 40
100-110 58
110-120 32
120-130 25
130-140 15
Name: …………………………………………
MEASURES OF VARIATION
Range
Mean Deviation
Standard Deviation
Coefficient of Variation
RANGE
Range = L-S where L: Largest Value S: Smallest Value
;2
Calculate Range and Co-efficient of Range from the following data:
Profits
(Rs.
Lakhs) No. of Co.(s)
10-20 8
20-30 10
30-40 12
40-50 8
50-60 4
MEAN DEVIATION/ AVERAGE DEVIATION
Ungrouped Data:
Average Deviation , A. D(Med) = Σ Mod( X - Med )/N
A. D (Mean) =Σ Mod ( X- X)/N where X is the mean.
Co-efficient of A. D (Med) = A.D/Median
Grouped Data:
A. D (Med) = Σf Mod( X - Med)/N
Q1. Calculate the average deviation and coefficient of average deviaiton of the two
income groups of five and Branch
seven workers
I working in two different branches of a firm.
Income Branch II
Sl. No (Rs) Sl No. Income (Rs)
1 4000 1 3000
2 4200 2 4000
3 4400 3 4200
4 4600 4 4400
5 4800 5 4600
6 4800
7 5800
53
Q2. Calculate the average deviation from mean of the following data.
Sales No. of days
10-20 3
20-30 6
30-40 11
40-50 3
50-60 2
STANDARD DEVIATION
By taking deviaitions from Actual Mean
σ = sqrt ( Σ ( X - X)2/ N)
σ = sqrt ( Σ X2/N - (ΣX/N)2
By taking deviaitions from Assumed Mean
σ = sqrt ( Σ d2/N - (Σd/N)2
d = (X - A)
Q3. Find the S. D from the weekly wages of ten workers working in a factory:
Workers Weekly Wages
A 1320
B 1310
C 1315
D 1322
E 1326
F 1340
G 1325
H 1321
I 1320
J 1331
Q4.
Σ
Name:………………………………………………
SPEARMAN'S RANK CORRELATION
Rank Correlation R = 1-6ΣD2/(N3-N) (no repeatition)
R = 1-6[ ΣD2+ Correction Factor]/N3-N (repeatition)
Correction Factor = ΣM3-M/12
Q1. Two managers are asked to rank a group of employees in order of potential for
eventually becoming top managers.
The rankings are as follows:
Employee Manager I (R1) Manager II (R2) D = R1 -R2 D2
A 10 9 1 1
B 2 4 -2 4
C 1 2 -1 1
D 4 3 1 1
E 3 1 2 4
F 6 5 1 1
G 5 6 -1 1
H 8 8 0 0
I 7 7 0 0
J 9 10 -1 1
14
Compute the coefficient of rank correlation and comment on the value?
Q2. Two housewives, Geeta and Rita, asked to express their preference for different
kinds of detergents, gave the following replies:
Detergent Geeta Rita
A 4 4
B 2 1
C 1 2
D 3 3
E 7 8
F 8 7
G 6 5
H 5 6
I 9 9
J 10 10
To what extent the preferences of these two ladies go together?
Q3. Calculate the rank correlation coefficient for the following data of marks for 2 tests
given to candidates for a clerical job:
Prelims Final
92 86
89 83
87 91
86 77
83 68
77 85
71 52
63 82
53 37
50 57
Q4. An examination of 8 applicants for a clerical post was taken by a firm. From the marks
obtained by the applicants in the two papers, compute rank coefficient of correlation.
Applicants Marks - I Marks - II
A 15 40
B 20 30
C 28 50
D 12 30
E 40 20
F 60 10
G 20 30
H 80 60
