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Applied Quantitative Methods

This group assignment requires students to demonstrate their understanding of business research principles and statistical analysis techniques taught in the course.

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Added on  2022-11-14

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Get solved assignments, essays, dissertation on Applied Quantitative Methods from Desklib. Frequency distribution, standard deviation, regression equation, probability, Central Limit Theorem and more.

Applied Quantitative Methods

This group assignment requires students to demonstrate their understanding of business research principles and statistical analysis techniques taught in the course.

   Added on 2022-11-14

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APPLIED QUANTITATIVE METHODS
HA1011
Student Name
[Pick the date]
Applied Quantitative Methods_1
Question 1
(a) Frequency distribution
(b) Frequency histogram
(c) Mean, median and mode of number of passengers computation has been carried out below.
1
Applied Quantitative Methods_2
2
Applied Quantitative Methods_3
Mean = 58594/60 = 976.57
M edian= {(60/2) + (60/2+1)}/2 = (30th term +31th term)/2 = (733+862)/2 = 797.5
Maximum repetitionfor a given data value from the given data is for 401
Mode = 401
Question 2
(a) The data that has been provided with regards to weekly attendance and sale of chocolate
pertains only for a handful of weeks and does not pertain to each week in the year. As a
result, the data provided is a sample and not a population.
(b) Standard deviation
Mean = (472 +413 + 503 + 612 +399 +538 +455) /7 = 484.57
Standard deviation of sample = SQRT{((32909.7143))/(7-1)} =74.06
(c) Inter quartile range
Percentile location formula= P ( n+1 )
100
3
Applied Quantitative Methods_4

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