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
Recent Solved Questions
- The Effect Of Traditional Classroom Management On Student Performance In An Ib Myp Classroom: Education, Research Paper, Malaysia
- Ernest Shackleton’s Leadership & Gig Economy’s Impact
- Database Systems Report, MMU, Malaysia You and your group of friends have recently decided to launch a startup company
- Statistical Decision Making Assignment, SU, Malaysia Briefly describe your chosen research area or problem statement, and identify the issues to be investigated
- GACT5113: Managerial Accounting Assignment, UTAR, Malaysia Due to rising labour costs in Malaysia, Domain Computer, based in Singapore, is considering shifting part of its production facilities
- Business Law Assignment, UCSI, Malaysia Discuss the relationship between Company Law and Consumer Protection Law in Malaysia
- Finance Assignment, APU, Malaysia Salma is considering investing in either one of the jewelry companies – Pearl Berhad or Diamond Berhad
- MPU2163: Pengajian Malaysia Essay, IIU, Malaysia Mencapai keputusan yang cemerlang dalam pelajaran adalah pencapaian yang diidam-idamkan oleh semua yang bergelar pelajar
- Counseling Assignment, UM, Malaysia Seiring dengan era globalisasi sekarang, profesion perguruan memainkan peranan yang penting dalam
- Innovation management and new product development Assignment, APU, Malaysia Discuss the growth strategies in Ansoff s Matrix that can be opted to Influence the growth of the newly developed product