BAMS1743: Jan-2024- Indicate whether this variable is a quantitative discrete, quantitative continuous, or qualitative variable: Quantitative Methods, Assignment , TAR UMT, Malaysia
| University | Tunku Abdul Rahman University of Management and Technology (TAR UMT) |
| Subject | BAMS1743: Jan-2024- Quantitative Methods |
Question 1
The following frequency distribution shows the monthly spending amounts of 60 randomly chosen users of a popular e-wallet app.
a) State the variable of interest. Indicate whether this variable is a quantitative discrete, quantitative continuous, or qualitative variable.
b) Draw a “less than” ogive according to the data above.
c) Use the “less than” ogive to estimate
(i) the median and interpret your result.
(ii) the monthly spending exceeded by 30% of the users.
(iii) the quartile deviation.
d) Calculate the mean and the standard deviation of the above data.
Stuck in Completing this Assignment and feeling stressed ? Take our Private Writing Services.
Get Help By Expert
Answer
Recent Solved Questions
- MGT555: Business Analytics Assignment, UiTM, Malaysia Calculate the frequency distribution of customer demographics such as age, gender, race, education, and occupation
- Big Data and Ethics Essay, APU, Malaysia The U.S. firm Apple operates a digital ecosystem with its own hardware and software. Part of this ecosystem is an app store
- Design Thinking Assignment, TU, Malaysia I once attended a meeting with an entrepreneur and managers who were responding to a competitor’s new application launch
- LAW1014: Business Law Course Work, SU, Malaysia Discuss the application of the doctrine of caveat emptor with particular reference to the implied conditions
- KT34103: Artificial Intelligence Case Study, UMS, Malaysia Hand, foot, and mouth disease is a mild, contagious viral infection common in young children. The enteroviruses that cause HFMD
- MEDS1159: Corporate Communications Case Study, UOG, Malaysia Coursework is receipted on the understanding that it is the student’s own work
- UGB363: It is 31 January 2024 and the managers of Redsea are considering a change in the company’s dividend policy: Strategic Corporate Finance Assignment, USM, Malaysia
- UGB363: Company A has 8 million shares in issue and Company B 10 million. On day 1 the market value per share is £6: Strategic Corporate Finance Assignment, USM, Malaysia
- CL101: Criminal Law Course Work, BAC, Malaysia Mr. M aged 65, with colon cancer, had a colectomy surgery. An Assessment finding shows he appears depressed
- Statistics for Engineering Technology Case Study, UniKL, Malaysia What is the correlation coefficient of the linear regression equation? What does this tell you? Explain
