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Accountind Standards Essay

853 words - 4 pages



Assignment Questions:

Each task requires you to obtain an Excel output. Copy and paste these outputs to your assignment.

Explanations must be short, preferably one or two sentences. Charts and tables must have appropriate titles and numerical figures must have the correct units of measure.

Question 1 (10 Marks)

Based on Problem 2.19, page 36 in the book and the BULB data for two manufacturers, A and B:
a. Construct a frequency distribution, percentage distribution and cumulative percentage for each manufacturer.

...view middle of the document...

31 |
|Skewness |- 0.17 |Skewness | |
| | | |0.05 |
|Range | 3,187.00 |Range | 3,043.00 |
|Minimum | 5,544.00 |Minimum | 6,701.00 |
|Maximum | 8,731.00 |Maximum | 9,744.00 |
|Sum | 295,093.00 |Sum | 330,436.00 |
|Count | 40.00 |Count | |
| | | |40.00 |

a) the dispersion and
We know,
➢ Range = Maximum data value – Minimum data value
Manufacturer A
= 873 - 5544
Manufacturer B
=9744 - 6701

➢ Variance
Manufacturer A= 733,128.43
Manufacturer B= 827,788.91
➢ Standard deviation
Manufacturer A= 856.23
Manufacturer B= 909.83
b) the shape, of bulbs produced by each manufacturer.
➢ Kurtosis
Manufacturer A= 1.01
Manufacturer B= 1.31
➢ Skewness
Manufacturer A= 0.17
Manufacturer B= 0.05

e. Which manufacturer has bulbs with a longer life- manufacturer A or manufacturer B? Explain.
Manufacturer B has bulbs with longer life because the average life or mean life of bulbs B is higher than that of bulb A.

Question 2 (15 Marks)

The ages, to the nearest year, of all employees at A and B fast-food outlets are respectively:
Fast food A: 19, 19, 45, 20, 21, 21, 18, 20, 23, 17
Fast food B: 17, 16, 13, 18, 15, 17, 12, 19, 45, 17.

a. Based on the Descriptive Statistics obtained from Microsoft Excel for each fast food, calculate the: mean, median, variance, standard deviation.
|Fast food A |  | Fast food B |  |
| | | | |
| Mean | | Mean | |
| |22.30 | |18.90 |
| Median | | Median | |
| |20.00 | |17.00 |
| Mode | | Mode ...

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