Assignment 1 CL01&3 Q1. Consider the following data set. 3 Marks Annual Sales (i
ID: 3332913 • Letter: A
Question
Assignment 1 CL01&3 Q1. Consider the following data set. 3 Marks Annual Sales (in million) 86.6 36.1 81.2 17.3 273.7 Exchange (where to trade) OTC OTC NYSE OTC OTC Earnings per share Cache Inc. Koss Corp Par Technology Scientific Tech Western Beef 0.25 0.89 0.32 0.46 0.78 . What are the variables for this data set? b. How many observations are in this data set? e. How many elements does this data set contain? 2. Consider the following data set: Marks 50 40 41 17 51 54 42 86 29 33 46 31 39 20 69 30 80 56 18 29 34 73 77 36 39 The data set shall be grouped using 7 classes. Complete the following (a) The maximum value is (c) The approximate class width (round it) 21 19 23 37 41 78 72 56 31 53 44 b) The minimum values is Page 1 of 2Explanation / Answer
Maximum value = 86
Minimum value = 7
Width of the class interval = max- min/no.of classes
Widht = (86-7)/7
= 11.2857
~= 12