Question Bank for Statistics
Question Bank for QT -1 –POQ 511
Topic : A) Descriptive Statistics :
A1. A bank recorded the age at which an individual first opened a Savings Bank Account and were as follows:
42
44
52
32
23
25
34
33
37
18
19
18
14
16
18
18
23
21
18
23
24
24
26
28
32
43
33
34
19
23
22
21
18
19
18
22
25
24
54
20
21
17
22
24
25
22
23
5
8
29
18
16
17
15
19
21
32
33
34
35
36
37
23
24
25
21
22
33
33
43
27
28
29
30
31
33
17
25
23
25
33
23
25
26
27
28
18
19
20
21
16
16
17
19
21
22
20
21
22
23
a) Draw a frequency distribution for the above data.
b) Draw a suitable chart to indicate the age at which individuals open a Savings Account.
c) What type of distribution does the data reveal.
d) Is there any data which you would not like to consider for exhibiting the data
e) Calculate the different measures of descriptive statistics and indicate the measure of central tendency which would be the most appropriate.
A2. The following firms have submitted their request for availing loan for their project and these are as follows:
Firms
a b c d e f g h Loan amount ( Rs. In lakhs)
5.6
2.5
8.6
4.6
3.75
1
2.5
20.5
Purpose
Buy tractor
Purchase of car
Buy drilling machine marriage Purchase of car
Flat renovation
Purchase of car
Plot of land
Period for which loan is required( months)
18
10
24
18
12
6
12
120 a) Indicate the scales in which each of the variable has been measured. b) What is the modal purpose for which loan is availed by the firm. c) What is the average loan amount given by the bank. d) Is there any type of loan for which this bank is specializing.
A3. A manager in a bank is evaluating the performance of his Relationship Managers and has collected the following information :
Employee
RM1
RM2
RM3
RM4
Number of sales calls a month
100
120
60
90
Amount of deposits obtained(in lakhs)
250
200
Topic : A) Descriptive Statistics :
A1. A bank recorded the age at which an individual first opened a Savings Bank Account and were as follows:
42
44
52
32
23
25
34
33
37
18
19
18
14
16
18
18
23
21
18
23
24
24
26
28
32
43
33
34
19
23
22
21
18
19
18
22
25
24
54
20
21
17
22
24
25
22
23
5
8
29
18
16
17
15
19
21
32
33
34
35
36
37
23
24
25
21
22
33
33
43
27
28
29
30
31
33
17
25
23
25
33
23
25
26
27
28
18
19
20
21
16
16
17
19
21
22
20
21
22
23
a) Draw a frequency distribution for the above data.
b) Draw a suitable chart to indicate the age at which individuals open a Savings Account.
c) What type of distribution does the data reveal.
d) Is there any data which you would not like to consider for exhibiting the data
e) Calculate the different measures of descriptive statistics and indicate the measure of central tendency which would be the most appropriate.
A2. The following firms have submitted their request for availing loan for their project and these are as follows:
Firms
a b c d e f g h Loan amount ( Rs. In lakhs)
5.6
2.5
8.6
4.6
3.75
1
2.5
20.5
Purpose
Buy tractor
Purchase of car
Buy drilling machine marriage Purchase of car
Flat renovation
Purchase of car
Plot of land
Period for which loan is required( months)
18
10
24
18
12
6
12
120 a) Indicate the scales in which each of the variable has been measured. b) What is the modal purpose for which loan is availed by the firm. c) What is the average loan amount given by the bank. d) Is there any type of loan for which this bank is specializing.
A3. A manager in a bank is evaluating the performance of his Relationship Managers and has collected the following information :
Employee
RM1
RM2
RM3
RM4
Number of sales calls a month
100
120
60
90
Amount of deposits obtained(in lakhs)
250
200