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Module 3 (Bustat Elestat) - Act. 3

The document provides gasoline price data from 10 random gas stations each in City A and City B. The statistician calculated the mean, variance, and standard deviation of the gasoline prices for each city. Based on the results, City A has a more stable gasoline price, with a standard deviation of 3.94%, compared to City B which has a 4.14% standard deviation, indicating greater price fluctuations over time. Therefore, the analysis found that gasoline prices were more consistent in City A than City B.

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RACHEL NAVARRO
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92 views5 pages

Module 3 (Bustat Elestat) - Act. 3

The document provides gasoline price data from 10 random gas stations each in City A and City B. The statistician calculated the mean, variance, and standard deviation of the gasoline prices for each city. Based on the results, City A has a more stable gasoline price, with a standard deviation of 3.94%, compared to City B which has a 4.14% standard deviation, indicating greater price fluctuations over time. Therefore, the analysis found that gasoline prices were more consistent in City A than City B.

Uploaded by

RACHEL NAVARRO
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 5

Name: Rachel M.

Navarro Date: September 26, 2022

Section: II-D HRDM Professor: Julius Labonete Score:

Activity 3
1. You are employed as a statistician for a company that makes household products,
which are sold by part-time salesperson who work during their spare time. The
company has four salespersons employed in a small town. Let us denote these
salespersons by A, B, C, and D. The sales records (in million pesos) for the past
6 months of these four salespersons are shown in the following table.

Month A B C D

January 17 22 13 14

February 18 15 12 16

March 18 23 15 15

April 19 19 11 18

May 18 20 11 17

June 17 16 14 14

Your supervisor has asked you to prepare a brief report comparing the sales volumes
and the consistency of sales of these four salespersons. Use the mean sales for each
salesperson to compare the sales volumes, and then choose an appropriate statistical measure
to compare the consistency of sales. Make the calculations and write a report.

Answer:

Based on the statistical computation for the consistency of sales, the Salesperson A have 4.21%,
Salesperson B has 20.46%, Salesperson C has 12.87% and Salesperson D has 10.40%. According to the
result on a span of 6 months, the Salesperson A is the most consistent on his sales than the rest
followed by Salesperson D, Salesperson C, and the least one is the Salesperson B.
2. You are a consumer journalist for a newspaper. You have received several letter and
e-mails from readers who are concerned about the price of gasoline. Your editor asks
you to investigate the gasoline prices from different gas stations of two cities. You have
gathered the data given below. The data represent the price (in pesos) paid for one liter
of a regular gasoline from a random sample of gas stations of two cities.

City A 46.85 46.15 46.30 51.10 47.80 47.25 45.45 48.50 45.30 49.70

City B 47.90 47.10 46.20 45.15 48.25 45.50 49.15 46.80 48.30 51.90

Compare the prices of gasoline of the two cities? Which city has a more stable
price of gasoline? Show a statistical analysis of data for this problem.

Answer:

Based on the statistical computation regarding the prices of gasoline of the two cities, City A has a more
stable price of gasoline which resulted as 3.94% only. City B result is 4.14% which means the price
change of the gasoline rate is high and is not stable.

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