100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Mancosa Adbm Statistical Techniques in Business KCQ revision R50,00
Add to cart

Exam (elaborations)

Mancosa Adbm Statistical Techniques in Business KCQ revision

 13 views  0 purchase

These are past 2022 KCQ questions and answers for Advanced Diploma in Business Management students but if it fits in with your module and you are not a ADBM student then you are welcome to use it .Please rate and review this document

Preview 2 out of 12  pages

  • July 17, 2024
  • 12
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
All documents for this subject (1)
avatar-seller
athidikana803
ADBM Statistical Technique in Business KCQ’s_2022 Memo




Cumulative
frequency, f Midpoint, m fm2
Classes frequency
(Height)
(cm)

130<140 7 7 135 127575

140<150 15 B 145 315375

150<160 A 48 155 624650

160<170 12 60 C 326700

Σ 60




Question 1
The value of A is:
Total Frequency = 7 + 15 + 𝐀 + 12
60 = 7 + 15 + 𝐀 + 12
𝐀 = 60 − (7 + 15 + 12)
𝐀 = 60 − (7 + 15 + 12)
𝐀 = 60 − (34)
∴ 𝐀 = 26
The answer is A
Question 2
An example of Quantitative, discrete data is there:
The answer is A
Quantitative variables provide numerical measurements of the elements of the study.
Arithmetic operations such as addition and subtraction can be performed on the
values of the variable.




1|Page

, Discrete variables are countable and can assume a countable number of values,
such as the number of potatoes on the plant. Fractional values can also occur, but
must have distance between them, for example- interest rates and stock prices.

Question 3

Which one of the following data collection method is classically defined as
“manipulation of variables under controlled conditions”?

The answer is D

Experimentation

Question 4

Refer to the data set below:

28 32 26 32 38 44 36 42 50 32

Re-arranging the data in ascending order:

26 28 32 32 32 36 38 42 44 50

The mean:

∑x
x̅ =
n

(26 + 28 + 32 + 32 + 32 + 36 + 38 + 42 + 44 + 50)
x̅ =
10

(360)
x̅ = = 36
10

The answer is A




2|Page

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller athidikana803. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for R50,00. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

53068 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 14 years now

Start selling
R50,00
  • (0)
Add to cart
Added