Paper 4: Fundamentals of Business Mathematics & Statistic

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FUNDAMENTALS OF BUSINESS MATHEMATICS AND STATISTICS I 5.13


  1. Find the weekly average wage from the given frequency :


Wages (`) No. of Workers
30–40 80
40–50 20
50–60 40
60–70 18
70–80 10
80–90 4
[Ans. ` 47.44]


  1. Find A.M. from the following table :


Wages (`) No. of Workers
20–25 200
25–30 700
30–35 900
35–40 800
40–45 600
45–50 400
[Ans. ` 35.97]


  1. Compute A.M. of the following distribution :
    Class Interval Frequency
    1–4 6
    4–9 12
    9–16 26
    16–27 20
    [Ans. 8.68]

  2. A.M. of the following distribution is 124 lb.
    Weight (lb) No. of Persons
    100 1
    110 2
    120 3
    135 2
    x + 5 2
    Total 10 [Ans. 140 ]
    Find the value of x.
    [Hint. Use direct method

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