100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4,6 TrustPilot
logo-home
Class notes

Statistics for Economics

Rating
-
Sold
-
Pages
3
Uploaded on
14-01-2021
Written in
2020/2021

Provides clear understanding of statistics for economics

Content preview

Chapter 2: Descriptive Statistics – Tabular and Graphical Methods
Textbook Exercises

1. The response to a question has three options: A, B, C. A sample of 120 responses provides 60 A, 24
B, 36 C. Construct the frequency and relative frequency distributions.


2. A partial relative frequency distribution is given below.

Class Relative frequency
1 0.22
2 0.18
3 0.35
4

a. What is the relative frequency of class 4?
b. The total sample size is 300. What is the frequency of class 4?
c. Construct the frequency distribution.
d. Construct the percentage frequency distribution.


3. In South Africa, Android is the most common operating system in newly-bought mobile phones, with
Apple IoS second most common. A sample of operating systems for 50 users with newly-bought
phones follows.
Android Android Android Android Apple Apple Android Apple Apple Android
Android Android Android Apple Windows Android Apple Apple Apple Windows
Windows Apple Android Apple Windows Android Android Windows Android Apple
Apple Windows Other Android Android Android Apple Android Android Android
Android Android Android Apple Android Android Apple Android Android Other

a. Are these data qualitative or quantitative?
b. Construct frequency and percentage frequency distributions.
c. Construct a bar chart.
d. On the basis of the sample, which mobile operating system was the most popular?
Which one was second?

Document information

Uploaded on
January 14, 2021
Number of pages
3
Written in
2020/2021
Type
Class notes
Professor(s)
Gibson mudiriza
Contains
All classes
R203,00
Get access to the full document:

100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached

Get to know the seller
Seller avatar
mtonxazanele21

Document also available in package deal

Thumbnail
Package deal
Statistics for economics
-
3 2021
R 549,00 More info

Get to know the seller

Seller avatar
mtonxazanele21 University of the Freestate
View profile
Follow You need to be logged in order to follow users or courses
Sold
-
Member since
5 year
Number of followers
0
Documents
3
Last sold
-

0,0

0 reviews

5
0
4
0
3
0
2
0
1
0

Trending documents

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their exams and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can immediately select a different document that better matches what you need.

Pay how you prefer, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card or EFT and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions