AWASH VALLEY COLLEGE
DEPARTMENT OF ACCOUNTING AND FINANCE
COURSE TITLE: BASIC STATISTICS
MODE: GROUP ASSIGNMENT
DIVISION: WEEKEND
COMPILED BY: Dagnachew. G
ARITHMETIC MEAN
1. The mean salary of 100 laborers working in a factory , running in two shifts of 40 and 60 workers
respectively is birr 380. The mean salary of the 40 laborers working in the morning shift is birr 350.
Find the mean salary of the 60 laborers working in the evening shift.
GEOMETRIC MEAN
2.A machine depreciated by 10% each in the first two years and by 40% in the third year. Find out
the average rate of depreciation.
HARMONIC MEAN.
[Link] a factory a mechanic takes 15 days to fabricate a machine, the second mechanic takes 18 days,
the third takes 30 days and the fourth takes 90 days. Find the average number of days taken by the
workers to fabricate the machine.
MEASURES OF CENTRAL TENDENCIES
[Link] life of eighty condensers obtained in a life testing experiment has been presented as follows
and the mean life of a condenser was 5.39 years.
Life of Less Less Less Less Less Less Less Less Less Less
than than than than 4 than 5 than 6 than 7 than 8 than 9 than 10
condensers
1 2 3
(in years)
Number of 3 12 14 A+14 A+25 A+38 A+B+ A+B+ A+B+ A+B+
condensers
38 46 55 60
a. Obtain the missing frequencies, A and B.
b. Find the median and modal life of condensers and interpret them.
2 In a certain investigation, 460 persons were involved in the study, and based on an enquiry
on their age, it was known that 75% of them were 22or more. The following frequency
distribution shows the age composition of the persons under study.
Mid-age in years 13 18 23 28 33 38 43 48
Number of persons 24 f1 90 122 f2 56 20 33
a. Find the median and modal life of condensers and interpret them.
b. Find the values of all quartiles.
The mean annual salary of all employees in a company is 2500. The mean salary of male and female is
2700 and 1700 respectively. Find the percentage of males and females employed in the company
MEASURES OF VARIATION
1. Goals scored by two teams A and B in a football season were as follows:
No of goals scored No of match
in a match
A B
0 27 17
1 9 9
2 8 6
3 5 5
4 4 3
Which team is considered more consistent in its performance?
2. The first of the two groups has 100 items with mean 45 and variance 49. If the
combined has 250 items with mean 51 and variance 130, find the mean and
standard deviation of the second group.