Paper 4: Fundamentals of Business Mathematics & Statistic

FUNDAMENTALS OF BUSINESS MATHEMATICS AND STATISTICS I 4.5

A table broadly consists of five parts –
(i) Number and Title indicating the serial number of the table and subject mater of the table.
(ii) stub i.e. the column indicating the headings or rows.
(iii) Caption i.e. the headings of the column (other than stub)
(iv) Body i.e. figures to be entered in the table
(v) Foot-note is source from which the data have been obtained.
Thus table should be arranged as follows :-
Table
Title
Stub Caption Total

Body

Total
Footnote :-
Types of Tabulation :
Mainly there are two types of tables – Simple and Complex. Simple tabulation reveals information regarding
one or more groups of independent question, while complex table gives information about one or more
interrelated questions.

4.2 FREQUENCY DISTRIBUTION

Frequency of a value of a variable is the number of times it occurs in a given series of observations. A tally-
sheet may be used to calculate the frequencies from the raw data (primary data not arranged in the
Tabular form). A tally-mark (/) is put against the value when it occurs in the raw data. The following example
shows how raw-data can be represented by a tally-sheet :
Example 2 : Raw data Marks in Mathematics of 50 students.
37 47 32 26
21 41 38 41
50 45 52 46
37 45 31 40
44 48 46 16
30 40 36 32
47 37 47 50
40 45 51 52
38 26 41 33
38 39 37 32
40 38 50 38
48 41 36 41
41 52