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# MM255 Business Math and Statistical Measures Unit 7: Instructor Graded Assignment - Version 4 Business Statistics Unit 7 focuses on descriptive...

Question 1: (10 Points)

Find the mean, median and mode of the following:

Shop Parts Company sales for the month of February.

(NOTE: The company is closed on Sundays.)

 February 2: \$4,704 February 3: \$5,955 February 4: \$3,309 February 5: \$3,106 February 6: \$7,124 February 7: \$2,159 February 9: \$3,124 February 10: \$4,129 February 11: \$3,197 February 12: \$2,198 February 13: \$7,287 February 14: \$1,123 February 16: \$4,598 February 17: \$3,988 February 18: \$3,099 February 19: \$3,098 February 20: \$5,980 February 21: \$3,209 February 23: \$6,532 February 24: \$3,098 February 25: \$4,598 February 26: \$4,874 February 27: \$9,876 February 28: \$5,878

Question 2: (20 Points)

Set up a frequency distribution table and calculate the relative frequency for the following quiz scores that Pat achieved in his Algebra course:

Matt’s Quiz Scores: 84, 88, 92, 80, 100, 78, 61, 60, 79, 99, 100, 69, 98, 85, 92, 79, 81, 85, 100, and 100.

Use the following frequency intervals:

60 – 70

70 – 80

80 - 90

90 – 100

Calculate the variance and standard deviation for Pat’s quiz scores.
Suggestion: set the problem up in steps within a table like the textbook illustrates.

Question 3: (10 Points)

Mark’s Average Sales:

Monday \$4,199

Tuesday \$6,900

Wednesday \$0

Thursday \$11,000

Friday \$8,007

Saturday \$9,766

Sunday \$0

Is it better for Mark to earn 7.5% based on his average daily sales or a flat \$4,000 for the week?

MM255 Business Math and Statistical Measures 4. Email Your Instructor : Your instructor is only an email away; when you cannot make any more progress on a problem, reach out. Send your instructor the work you started and steps of the problem you have completed so far, and ask for help. Your instructor will respond within 24 hours. Business Statistics Assignment (Total 40 Points) Question 1: (10 Points) Find the mean, median and mode of the following: Shop Parts Company sales for the month of February. (NOTE: The company is closed on Sundays.) February 2: \$4,704 February 3: \$5,955 February 4: \$3,309 February 5: \$3,106 February 6: \$7,124 February 7: \$2,159 February 9: \$3,124 February 10: \$4,129 February 11: \$3,197 February 12: \$2,198 February 13: \$7,287 February 14: \$1,123 February 16: \$4,598 February 17: \$3,988 February 18: \$3,099 February 19: \$3,098 February 20: \$5,980 February 21: \$3,209 February 23: \$6,532 February 24: \$3,098 February 25: \$4,598 February 26: \$4,874 February 27: \$9,876 February 28: \$5,878 Question 2: (20 Points) a) Set up a frequency distribution table and calculate the relative frequency for the following quiz scores that Pat achieved in his Algebra course: Matt’s Quiz Scores: 84, 88, 92, 80, 100, 78, 61, 60, 79, 99, 100, 69, 98, 85, 92, 79, 81, 85, 100, and 100. Use the following frequency intervals: 60 – 70 70 – 80 80 - 90 90 – 100 b) Calculate the variance and standard deviation for Pat’s quiz scores. Suggestion: set the problem up in steps within a table like the textbook illustrates.
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MM255 Business Math and Statistical Measures
Unit 7: Instructor Graded Assignment - Version 4

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