Business Finance - Accounting Business Statistics: Chapter 2 Homework

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Chap2-HW.docx

Claudia Pena

September 10, 2023

BUS219

Please use the following sample data to answer the following questions. Note: the purpose of this homework is to focus on how to do various calculations BY HAND.  You are welcome to complete each item using pencil and paper, and scan or take a picture of the result.  Or you may complete them by typing the same information into Word.

Data:

3, 2, 4, 4, 3, 5, 5, 4

a) Make a Frequency Table

b) Make a Relative Frequency Table

c) Draw a Relative Frequency Histogram

d) Calculate the Mean

· 3+2+4+4+3+5+5+4= 27/8= 3.375

e) Calculate the Median

· 2, 3, 3, 4, 4, 4, 5, 5

· The median is 4

f) Calculate the Sample Standard Deviation

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