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Mancosa Adbm Statistical Techniques in Business KCQ revision R50,00   Add to cart

Exam (elaborations)

Mancosa Adbm Statistical Techniques in Business KCQ revision

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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

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  • July 17, 2024
  • 12
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
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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.




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, 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




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