Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
Final Examination
Business Mathematics
Grade XI - ABM
SY: 2016 2017
I. MULTIPLE CHOICE: Identify the choice that best completes the statement or
answers the question.
_____ 3. The ANOVA procedure is a statistical approach for determining whether or not
_____ 5. Information is
1
Business Mathematics XI
B. It is processed to obtain information D. it is properly stated
_____ 10. An employer may require an employee to work on the employee's rest day.
_____ 11. According to the text, accepting the ______________ will lead to changes in
opinions or actions.
_____ 12. The ______________ is always the hypothesis that is tested, but can never
be accepted based on a single test.
_____ 13. One of the early steps a researcher must do when conducting a statistical
study is to
______14. A statistics professor gives a very easy 100 point test, with the highest score
being 98 and the lowest score being 71. We want to divide this data into
categories. Then, a reasonable width of categories could be
A. 1 B. 5 C. 10 D. 15
______15. The manager of a computer store wishes to track how many computer
monitors of different screen sizes are sold during the week. He tallies the
2
Business Mathematics XI
sales by the following categories: less than 15, 15-15.9, 16-16.9, 17-
17.9 18-18.9, 19-19.9, and 20 and above. The best way to represent the
data is using a
_____16. Which of the following is not a step in calculation of the chi-square statistic?
____17. Hypothesis tests are designed so that the _____ hypothesis will be rejected.
A. 0 B. -0.23 C. 12. D. 1
_____21. Many marketing research projects do not go beyond basic data analysis.
_____23. The mean, mode, and median are associated with the measures of location of
frequency distribution.
_____24. The most commonly used statistics associated with frequencies are measures
of location and measures of variability.
_____25. According to the text, the measures of variability is a statistic that describes a
location within a data set.
_____26. The mean is that value obtained by summing all elements in a set and
dividing by the number of elements.
3
Business Mathematics XI
_____27. The mode is used to estimate the average when the data have been
collected using an interval or ratio scale.
_____28. A measure of central tendency given as the value that occurs the most in a
sample distribution is called the median.
_____29. According to the text, the mode represents the highest peak of the
distribution.
_____30. The mean is a good measure of location when the variable is inherently
categorical or has otherwise been grouped into categories.
31 40. The amount of protein (grams) for a variety of fast-food sandwiches is reported
here. Construct a frequency distribution.
23 30 20 27 34 26 35 20 29 29
25 25 18 27 19 22 12 26 34 15
27 25 26 41 35 14
(4points)
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
Mean (2points)
Median (2points)
4
Business Mathematics XI
41 50. Staples, a chain of large office supply stores, sells a line of desktop and laptop
computers. Company executives want to know whether the demands for these
two types of computers are related in any way. Each day's demand for each
type of computers is categorized as Low, Medium-Low, Medium-High, or High.
The data shown in the table below is based on 200 days of operation. Based
on these data, can Staples conclude that demands for these two types of
computers are independent? Test at the 5% level of significance.
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
51 60. Data below is the Commercial Total tuna catch by species for 2010 2015 in
Metric Tons
Year
Skipjack Yellowfin Bigeye Total Mean
2010 177,698 85,351 8,575
2011 147,979 68,625 6,022
2012 163,026 77,730 7,912
2013 168,183 83,142 6,899
2014 194,583 94,256 6,188
2015 199,153 102,400 5,258
Total
Determine whether the tuna catch is the same throughout the six (6) years period.
You may use your Ipad to solve the significant difference. Use 5% level of significance.
Just indicate the Fcomputed value in this page and write the necessary interpretation.
Interpretation: _________________________________________________________
__________________________________________________________
__________________________________________________________
__________________________________________________________
5
Business Mathematics XI
IV. DISCUSSION:
Answer the following items as required.
61 64. Discuss the similarities and differences between Pearson Product Moment and
Spearman Rho. Which is more powerful as Statistical Tool? Why?
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
65 68. Five (5) applicants for a job are rated by two officers, with the following results.
Note that in this example the ranks are given initially. Usually the data must be
replaced by ranks.
Applicants A B C D E
Rater 1 4 1 3 2 5
Rater 2 3 2 5 1 4
Using Spearman Rank Correlation Coefficient, we find that the critical value for
n = 5 and =0.05 r = 0.8000.
Interpret the result of the statistics. so we must not reject the null hypothesis
and we conclude that we cannot say that the rankings agree.
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
69 72. Suppose the National Transportation Safety Board (NTSB) wants to examine
the safety of compact cars, midsize cars, and full-size cars. It collects a
sample of three for each of the treatments (cars types). Using the hypothetical
data provided below, test whether the mean pressure applied to the drivers
head during a crash test is equal for each types of car. Use = 5%.
6
Business Mathematics XI
655 427 456
702 525 402
Total 2000 1421 1342
X
666.67 473.67 447.33
S 31.18 49.17 41.68
Using the ANOVA: The following were computed:
F(observed) = 25.17 and F(critical) = 5.14.
Interpretation ____________________________________________________
____________________________________________________
___________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
77 80. In Biblical times, tax is already prevalent. According to Genesis 47:24; But
when the crop comes is, given a fifth of it to Pharaoh. The other four-fifth you
may keep as seed for the fields and as food for yourselves and your
households and your children.
Discuss the differences and similarities between taxation in Biblical times and the
current time.
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
7
Business Mathematics XI
GOD BLESS
8
Business Mathematics XI