Statistics (Ex – 15.3)
Question 1.
From the data given below state which group is more variable, A or B?
Solution:
For Group A :
Question 2.
From the prices of shares X and Y below, find out which is more stable in value:
Solution:
Question 3.
An analysis of monthly wages paid to workers in two firms A and B, belonging to the same industry, gives the following results:
(i) Which firm A or B pays larger amount as monthly wages?
(ii) Which firm, AorB, shows greater variability in individual wages?
Solution:
(ii) Since both the firms have same mean of monthly wages, so the firm with greater variance will have more variability in individual wages. Thus firm B will have more variability in individual wages.
Question 4.
The following is the record of goals scored by team A in a football session:
For the team B, mean number of goals scored per match was 2 with a standard deviation 1.25 goals. Find which team may be considered more consistent?
Solution:
For team A:
Question 5.
The sum and sum of squares corresponding to length x (in cm) and weight y (in gm) of 50 plant products are given below:
Which is more varying, the length or weight?
Solution: