Numerical

IIFP QT UNIT 2

Measure
Of
Central Tendency
 Question No - 1

A man travelled 12 miles at 4 miles per hour and

again 10 miles at 5 miles per hour. What was the
average speed?
 Question - 2

The daily expenditure of 1.000 families is given below:

Daily Expenditure No. of families
(Rs.)
40 – 49 50
60 –79 ?
80 – 99 500
100 – 119 ?
120 – 139 50

The value of both mean and median for the distribution is

87.5. calculate the missing frequencies
 Question No - 3

In a moderately asymmetrical distribution, the mode and

mean are 32.1 and 35.4 respectively. Find out the median
 Question No - 4

From the following data calculate the first quartile and 4th
Decile
CI: 0-5 5-10 10-15 15-25 25-35 35-60 60-80
F: 12 30 51 84 66 50 7
 Question No - 5

For the following observations –

5 6 3 6 11 7 9 10 2
4 10 6 2 1 5
a) Compute the mode.
b) Compute the mean.
c) Compare parts a) and b) and comment on
which is the better measure of central tendency
of the data.
 Question No - 6

The ages of the students in a class are –

19 17 15 20 23 41 33 21 18
20 18 33 29 24 19 18 20 17
22 55 19 22 25 28 30 44 19
20 39

A) Construct a frequency distribution with intervals 15-19, 20-24, 25-29, 30-

34 and 35 and older.
B) Estimate the modal value.
C) Calculate the mean of the raw data.
D) Compare your answers in b) and c) and comment for this data between
mean and mode which one is a better measure of central tendency. Why?
 Question No -7

For the following data –

1 0 2 2 3 4 2 1 2
0 2 2 3 1 0 7 3 5
4 2
a) Compute mode.
b) Compute mean
c) Which one is a better measure and why?
 Question No - 8

What are the modal values for the following

Distributions?
a) Hair Color: Black Brunette Redhead Blonde
Frequency: 11 24 6 18

b) Blood Type AB O A B
Frequency: 4 12 35 16

c) Day of Birth: Mon Tue wed Thu Fri sat Sun

Frequency 22 10 32 17 13 32 14
 Question No -9

Earnings Students How many of the student’s

Earning is less than 10% of
0 – 499 231 the modal value?
500 – 999304
1000 – 1499 400
1500 – 1999 296
2000 – 2499 123
2500 – 2999 68
3000 or more23
 Question No - 10

for the following data –

1.08 0.98 1.09 1.24 1.33 1.14 1.55 1.08 1.22
1.05

a) Calculate the median value.

b) Calculate the mean value.
c) Which value is a better measure of central tendency of
these data?
 Question No - 11

The average dividend declared by a group of 10 chemical

companies was 18%. Later on it was discovered that one
correct figure, 12, was misread as 22. Find the correct
Average dividend.
 Question - 12

The annual rates of growth of output of a factory in five

years are 5.0, 6.5, 4.5, 8.5, and 7.5 per cent respectively.
What is the compound rate of growth of output per annum
for the period?
 Question - 13

Geometric mean of two numbers is 15. If by mistake one

figure is taken as 5, instead of 3, find the correct geometric
mean.
 Question - 14

The annual rate of growth achieved by a nation for 5 years

are 5.0, 7.5, 2.5, 5.0, and 10 percent respectively. What is
the compound rate of growth for the 5 year period?
 Question - 15

If the AM and GM of two values are 10 and 8 respectively

find the values.
 Question - 16

. Find the missing information in the following table

 Question - 17

A machine is assumed to depreciate at the rate of 35.5%

per annum in value in the first year, @ 22.5% p. a in the
second year and @ 9.5% p. a in value in the third year,
each percentage being computed on the diminishing value.

What is the average percentage depreciation for the three

years?
 Question – 18

If x1 and x2 are two positive values of a variate, prove that

their GM is equal to the GM of their AM and HM
 Question – 19

As a financial analyst you are asked to analyse two mutual

funds. Total returns for five years of these two mutual funds
is given. Calculate the GM and AM returns of the two
funds.
Year: 2005 2006 2007 2008 2009
Fund A: 16.2% 20.3% 9.3% -11.1% -17.0%

Fund B: 9.2% 3.8% 13.1 1.6 -13.0

 Question - 20

A hypothetical investments in a single stock initially cost

Rs. 100.One year later, the stock is trading at Rs. 200. At
the end of the second year, the stock price falls back to the
original price of Rs. 100. Calculate the AM and GM of
annual returns.
 Question -21

Find the Harmonic Mean from the following

2574, 475, 75, 5, 0.8, 0.08, 0.005, 0.0009

 Question - 22

Calculate the Harmonic Mean from the following data

3834, 382, 63, 8, 0.4, 0.03, 0.009, 0.0005

 Question - 23

An automobile driver travels from plain to hill station, a

distance of 100 km at an average speed of 30km per hour.
He then makes the return trip at a average speed of 20 km
per hour. What is the average speed of the entire distance?
 Question - 24

A cyclist covers his first five km at an average speed of 10

km per hour, another km at a speed of 8 km per hour and
the last two km at a speed of 5 km per hour.

Find the average speed.

 Question - 25

An automobile driver travels for one hour from plain to hill station, at an
average speed of 30km per hour. He then makes the return trip again for one
hour at a average speed of 20 km per hour. What is the average speed of the
entire distance?
 Question - 26

The AM of two observations is 25 and their GM is 15. Find

their HM and the two observations.
 Question No - 27

For the following observations –

5 6 3 6 11 7 9 10 2
4 10 6 2 1 5
a) Compute the mode.
b) Compute the mean.
c) Compute parts a) and b) and comment on
which is the better measure of central tendency
of the data.
 Question No - 28

The ages of the students in a class are –

19 17 15 20 23 41 33 21 18
20 18 33 29 24 19 18 20 17
22 55 19 22 25 28 30 44 19
20 39

A) Construct a frequency distribution with intervals 15-19, 20-24, 25-29, 30-

34 and 35 and older.
B) Estimate the modal value.
C) Calculate the mean of the raw data.
D) Compare your answers in b) and c) and comment for this data between
mean and mode which one is a better measure of central tendency. Why?
 Question No -29

For the following data –

1 0 2 2 3 4 2 1 2
0 2 2 3 1 0 7 3 5
4 2
a) Compute mode.
b) Compute mean
c) Which one is a better measure and why?
 Question No -30

What are the modal values for the following

Distributions?
a) Hair Color: Black Brunette Redhead Blonde
Frequency: 11 24 6 18

b) Blood Type AB O A B
Frequency: 4 12 35 16

c) Day of Birth: Mon Tue wed Thu Fri sat Sun

Frequency 22 10 32 17 13 32 14
 Question No -31

Earnings Students How many of the student’s

Earning is less than 10% of
0 – 499 231 the modal value?
500 – 999304
1000 – 1499 400
1500 – 1999 296
2000 – 2499 123
2500 – 2999 68
3000 or more23
 Question No -32

for the following data –

1.08 0.98 1.09 1.24 1.33 1.14 1.55 1.08 1.22
1.05

a) Calculate the median value.

b) Calculate the mean value.
c) Which value is a better measure of central tendency of
these data?
 Question No – 33

A man travelled 12 hours at 4 miles per hour and again 10

hours at 5 miles per hour. What is the average speed?