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Business Statistics Formative Assessment Questions and Answers

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Struggling with your Business Statistics Case Study Assessment Questions? Get expert guidance with our Business Statistics Assignment Help Services and ace your case study with well-researched, data-driven solutions. Our professionals provide in-depth Business Case Study Assistance, covering statistical analysis, interpretation, and real-world applications. Don’t let complex data hold you back. Order now for high-quality, plagiarism-free answers and boost your academic success!

Business statistics helps analyze data, identify trends, and support decision-making. A case study assessment tests skills in data interpretation, hypothesis testing, regression analysis, and probability to solve real-world business problems. This guide covers key questions to enhance analytical and problem-solving abilities.

Related Questions: Solved NQF Level 6 Advanced Certificate in Management Studies

PROGRAMME: Advanced Certificate in Management Studies

MODULE: Business Statistics

QUESTION ONE (30 MARKS)

A case study was conducted by a blood donation clinic. The mass (in kg) of 40 blood donors is shown in the grouped frequency distribution below.

Mass (kg) Number of donors
40 < 60 4
60 < 80 Q
80 < 100 17
100 < 120 6
120 < 140 5
S 40

 

2.1  What is the value of Q? (2 marks)

2.2  Calculate the estimated mean mass of these (8 marks)

2.3  Determine the median mass of these (5 marks)

2.4  Find the modal mass of these (5 marks)

2.5  Compute the standard deviation and interpret the value (10 marks)

 

 

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