PracticeExercise3

Question1
Followingarethepastearningspershareofawellestablishedcompany.
Rs.4,Rs.8,Rs.7,Rs.6,Rs.10,Rs.16,Rs.24,Rs.5
Analyzethedataasapotentialinvesterandfindthefollowing:
i)ExpectedEarningPerShare(ArithmeticMean)
ii)Riskaroundexpectedearning(StandardDeviation)
iii)Perrupeerisk(CoefficientofVariation)

EarningPerShare(x)
x

4
16

8
64

7
49
x
n

ArithmeticMean=
i)

16
256

80
8

StandardDeviation=

x2
n

StandardDeviation=

1122
8

StandardDeviation=

140.25

x
n

)2

80
8

)2

100

40.25

6.34

StandardDeviation=

RiskaroundexpectedearningisRs.6.34pershare.

Coefficientofvariation=

Coefficientofvariation=
Coefficientofvariation=
iii)

10
100

ExpectedEarningPerShare=Rs.10.00

StandardDeviation=

ii)

6
36

PerrupeeriskisRs.0.63

StandardDeviation
ArithmeticMean
6.34
10.00
63%

X100

X100

)%

24
576
10.00

5
25

80
1122

Question2:
InanadmissiontestofBBAatIBA,UniversityofthePunjab1005candidateswere
appeared.Thedistributionofcandidatesbytheirscoretheymadeintestis
reportedasunder:
Score
ModelClass==>

020
2040
4060
6080
80100
Total

Candidates
(f)
350
250
200
155
50
1,005

MidPoint
(x)
10
30
50
70
90

fx

fx

3,500
7,500
10,000
10,850
4,500
36,350

35,000
225,000
500,000
759,500
405,000
1,924,500

EvaluatethereporteddatawithreferencetoCentralTendency(A.M),Dispersion(S.D)
andSkewness.
fx
f

ArithmeticMean=
i)

ii)

36,350
1,005

36

CentralTrendency(A.M)=36
2

StandardDeviation=

fx
f

StandardDeviation=

1,924,500
1,005

StandardDeviation=

1,914.93

StandardDeviation=

606.72

Standard Deviation
StandardDeviation

25

fx
f

)2

36,350
1,005

)2

1,308.21

Dispersion(S.D)=25

Mode=

L+

0+

Mode=

(fmf1)
(fmf1)+(fmf2)

Xh

(3500)
X20
(3500)+(350250)

0+

350
450

X20

0+

350
450

X20

15.56
ArithmeticMeanMode
StandardDeviation

Skewness=

3615.56
25
20.44
25
A.M=
S.D=
SK=

36
25
0.83

Positive

0.83

Question3:
Thenumberofpassengerscarriedbyaboatduring24asgivenbelow:
x

ArrangedData

x2

52
58
82

84
50
58

71
78
50

57
55
78

61
41
49

65
66
89

77
35
95

64
62
55

35
57
71

41
58
77

49
58
78

50
61
78

50
62
82

52
64
84

55
65
89

55
66
95

1225
3249
5041

1681
3364
5929

2401
3364
6084

2500
3721
6084

2500
3844
6724

2704
4096
7056

3025
4225
7921

3025
4356
9025

1532
x=
n=
24
x2=
103144
Median=
61.50 58
78
Compute:AnymeasureofCentralTendency(A.M),Dispersion(S.D)andSymmetry(SK)
consideringallthevaluesreportedinthedata.
x
n

ArithmeticMean=
i)

ii)

1,532
24

CentralTrendency(A.M)=63.83
StandardDeviation=

x2
n

x
n

)2

StandardDeviation=

103,144
24

1,532
24

)2

StandardDeviation=

4,297.67

4,074.69

StandardDeviation=

222.97

StandardDeviation=

14.93

Dispersion(S.D)=14.93

Skewness=

3(ArithmeticMeanMedian)
StandardDeviation

3(63.8361.5)
15

7
15

0.47

A.M= 64
S.D= 15
SK= 0.47

Positive

Question4:
Inanorganizationof30persons,sicknessandabsencerecordswerekeptdailyforthreemonths.

63.83

Thenumberofworkersabsenteachdayisshownbelow.Findthemean,median,mode,standard
daviationandcoefficientofSkewnessofthenumberofemployeesabsentperday.
No.of
Employees
Absent
(x)
No.ofDays(f)

0
44

f
0
1
2
3
4
5

MedianClass==>

1
19

3
8

4
7

5 6ormore
3
0

fx
44
19
10
8
7
3
0
91

6ormore

2
10

0
19
20
24
28
15
0
106

fx
f

ArithmeticMean=

fx
cf

19
40
72
112
75

318

44
63
73
81
88
91
91

106
91

1.16

46

Ontheaverage,therewere1to2absentees.

Maximumvaluein(f)=
44
valueofxagainstthevalueoff
So,ontheaverage,majorityofthedaysthereisnoabsent.
Modeis0
Median=Thevalueof
Median=1

n+1
th=
2
46isincludedin63sothexvalueagainst63is1.
2

StandardDeviation=

fx
f

StandardDeviation=

318
91

StandardDeviation=

3.49

StandardDeviation=

2.14

StandardDeviation=

1.46

91+1
2

fx
f

)2

106
91

)2

1.36

MeanMode
S.D

CoefficientofSkeeness(S.K)=

1.160
15.37

=
=

0.075

Mean=
1.16
Median=
1
Mode=
0
StandardDeviation= 1.46
CoefficientofSkewness=
0.075 Positive
Question5:
ClassInterval

MidPoint(x)

fx

cf

fx

MedianClass==>
ModeClass==>

0305
0608
0911
1214
1520
2126
2729
3035
3639

6
8
9
14
16
17
11
8
4
93

4
7
10
13
17.5
23.5
28
32.5
37.5

fx
f

ArithmeticMean=

24
56
90
182
280
399.5
308
260
150
1749.5
=

Median=Thevalueof

n+1
th=
2
Asthe46.5isincludedin53sothevalueofxagainst63is17.5.
Median=
17.5
MaximumValuein(f)=
ValueofxintheModeClass=
Mode=
fx2
f

StandardDeviation=

40,741
93

StandardDeviation=

438.08

StandardDeviation=

84.19

StandardDeviation=

9.18

18.81

93+1
2

46.5

)2

1,750
93

)2

353.88

X100

49%
MeanMode
S.D
18.8123.5
9.18
4.69
9.18

fx
f

9.18
X100
18.81

SK=

1,750
93

)%

S.D
Mean

96
392
900
2366
4900
9388.25
8624
8450
5625
40741.25

17
23.5
23.5

StandardDeviation=

C.V=

6
14
23
37
53
70
81
89
93

ArithmeticMean(A.M)=
18.81
Median=
17.5
Mode=
23.5
StandardDeviation(S.D)= 9.18
CoefficientofVariation(C.V)=
49%
Skewness(SK)=
0.51 (Negative)

0.51