Practical 1.

Arithmetic Mean, Median and Mode

1. a. For the following data calculate arithmetic mean

Height 160 161 162 163 164 165 166 167 168
in cms
No of 78 123 149 256 278 178 102 53 13
people

b. For the following data calculate arithmetic mean

Income 2000- 3000- 4000- 5000- 6000- 7000- 8000-
in Rs 3000 4000 5000 6000 7000 8000 9000
No of 55 78 101 162 97 63 44
workers

c. For the following data, construct a frequency distribution table

taking classes 0-50, 50-100, … and calculate arithmetic mean
109, 178, 103, 204, 113, 35, 140, 16, 135, 7, 66, 148, 102, 125,
163, 110, 212, 136, 236, 14, 128, 205, 104, 125, 187, 141, 127,
132, 89, 136, 63, 10, 59, 101, 123, 93, 3, 172, 163, 56, 100, 61,
163, 78, 187, 80, 150, 98, 196, 60

2. a. For the data given in 1.c above, find median

b. For the data given in 1.b above, find median

3. a. For the data given in 1.c above, find mode

b. For the data given in 1.b above, find mode
Practical 2. Quartiles, Deciles and Percentiles

1. For the following data giving the distribution of workers according

to income, calculate:
a. Third Quartile
b. Fourth Decile
c. 37th Percentile
Income 2000- 3000- 4000- 5000- 6000- 7000- 8000-
in Rs 3000 4000 5000 6000 7000 8000 9000
No of 55 78 101 162 97 63 44
workers

2. For the above data in question (1) draw a less than cumulative
frequency curve and a more than cumulative frequency curve on
the same graph and hence locate the median.
Practical 3: Range, Quartile Deviation
and their coefficients
1. Enter the following data in an excel sheet. Calculate the maximum value, minimum
value, range and coefficient of range for the given data.

2. Enter the following data in excel. Calculate the three quartiles (Q1, Q2 and Q3) and find
the semi-interquartile range and its coefficient for the following data:
12, 34, 56, 74, 57, 23, 42, 45, 67, 62, 47, 23, 57, 84, 92, 38, 47, 74.

3. Enter the following data in excel and calculate the quartile deviation and coefficient of
quartile deviation for the data:

4. Calculate the quartile deviation and coefficient of quartile deviation for the following data
in excel:
 PRACTICAL No: 4

Mean Deviation from Mean, Median & Mode and their Coefficients

1. Find Mean deviation from

a. i) Mean ii) Median iii) Mode for the following data and also find the
coefficient of mean deviation

i) 19,22 18,19,17,18,21,20,24, 19,25,19,23, 21,20.

ii)
X 10 11 12 13 14 15 16
f 8 12 15 18 21 24 12

b. From your observation of solutions of above Problem i) & ii) Mean

deviation from which measure of central tendency is minimum.?
2. Find Mean deviation from Mean for the following data.
Age in 20-25 25-30 30-35 35-40 40-45 45-50 50-55 55-60
years
No.of 20 36 44 24 38 17 13 10
Employees

3. Find Mean deviation from Median & Mode for the following data also find
the coefficient of mean deviation

Weight in 5-10 10-15 15-20 20-25 25-30

Kg.
No. of 4 8 12 10 6
Children
Practical 5. Standard Deviation, Variance, Coefficient of
Variation

1. Calculate mean, standard deviation, variance and coefficient of

variation for the following data giving the marks obtained by 10
students in a test: 67, 24, 44, 51, 78, 67, 39, 80, 47, 72

2. For the following data calculate mean, standard deviation and

coefficient of variation:
Shoe Size 4 5 6 7 8 9 10
No of pairs sold 17 26 33 21 14 11 8

3. For the following data calculate mean, standard deviation and

coefficient of variation:
Income in 2000- 3000- 4000- 5000- 6000- 7000- 8000-
Rs 3000 4000 5000 6000 7000 8000 9000
No of 55 78 101 162 97 63 44
workers

4. For the given data of income for two groups of workers, find which
group shows more consistency using coefficient of variation:
Group A Group B
Mean Income Rs. 7825 Rs. 8110
Standard Deviation Rs. 65 Rs. 58
Practical 6: Scatter Plots
1. Using Scatter Plot show the relationship between (a) Cost Price and Profit, (b) Sales
Price and Profit, for the following data in Excel:

Product Sale Price Cost Price

A 500 250

B 1000 450

C 250 150

D 125 25

E 60 30

F 350 220

G 450 230

H 200 70

I 435 375

J 750 520

2. For the following data, make a scatter plot in Excel. Also display its trendline and
equation.

Time Spent on 10 20 30 40 50 60
Website (in minutes)

Number of Products 2 5 8 12 15 18
Purchased

3. How does the increase in advertising spending (in dollars) correlate with the
corresponding change in product sales (in units) over the past six months? Use a scatter
plot in Excel to visualize the data and analyze the relationship between these two
variables using a trendline.

Advertising Spending (in rupees):

₹200, ₹400, ₹600, ₹800, ₹1000, ₹1200

Product Sales (in units):

50, 120, 180, 240, 300, 360
PRACTICAL NO: 07

KARL PEARSON & SPEARMAN’S COEFFICIENTS

1. Define Karl Pearson's coefficient of correlation. Find Karl Pearson's coefficient of

correlation, for each of the following.
a) Σ(x-x¯)2 =120, Σ(y-y¯)2 =235, Σ(x-x¯) (y-y¯) = -139
b) n=16, Σx =12.3, Σ y= 213, Σxy =183, Σx2 =15.76, Σy2 =3600
c) For a bivariate data the sum of squares of difference between the ranks is 22. The rank
correlation coefficient is 0.9. Find the number of pairs of observations.
2. The coefficient of correlation between 2 variables x and y is 0.32. Their covariance is 15.
The variance of x is 9. Find the standard deviation of y
3. Compute the Karl Pearson’s correlation coefficient between the salesmen experience &
commission earned for the Following:

Salesmen experience in 3 2 3 4 1 2
years
Commission earned in 40 45 43 35 50 48
thousand of rupees

4. Calculate Karl Pearson’s coefficients of correlation between the price & demand from the
following data and interpret the result.
Price in Rs. 4 2 5 7 3 4 8
Demand 5 7 8 6 5 4 6

5. Find the coefficient of rank correlation for the following data

Rank I 6 1 5 7 3 4 2
Rank 2 5 4 3 6 7 2 1
6. Find the coefficient of rank correlation for the following data.
Marks I 60 81 59 97 93 74 72
Marks 2 85 84 63 86 70 52 61

7. Seven participants in a music competition were assigned score by two judges as follows:
X 54 60 59 45 60 45 58

Y 58 45 30 48 49 37 58
Compute Spearman's rank correlation coefficient
Practical 8. Plotting Linear Equations

1. Plot a line graph using the following data:

X 2 4 6 8 10 12 14 16 18
Y 5 9 13 17 21 25 29 33 37
(Can you guess the equation of the line?)

2. Plot a graph for the linear equation y = 4x + 3 taking values of x

from 1 to 10.

3. A company decides to set up a small production plant for

manufacturing shoes. The fixed cost for the set-up is Rs.9 lakhs.
The variable cost per pair of shoes is Rs.300. Each pair of shoes is
sold at Rs.750. Plot the revenue and the total cost function on the
same graph and find the break-even point. (The quantities to be
produced are in batches of 500).

4. The demand and supply curves are given by the linear equations
2x + y – 600 = 0 and 5x – y – 100 = 0 where x is the price of the
commodity and y is the quantity. Plot both lines on the same graph
and find equilibrium price and quantity. (The price of the
commodity varies from 70 to 160, in steps of 10).
Practical 9: Linear Regression
1. Find the regression equation of Y on X for the following data:

X 23 37 42 61 57 68 95 64 56 45

Y 34 43 57 72 60 71 105 72 61 53

Insert a scatter plot and display the trend line along with the R2 value. Give the graph
chart title and axes titles.

2. Find the regression equation of y on x for the following data:

x 40 47 53 50 55 45 40 39 38 49

y 54 45 41 56 41 59 39 43 56 50

Insert a scatter plot and display the trend line along with the R2 value. Give the graph
chart title and axes titles. Find the values of y when x = 50 and when x = 5.

3. Insert a scatter plot and display the trend line along with the R2 value for the following
data. Give the graph chart title and axes titles. Calculate the correlation coefficient, slope
and intercept value.
Sales (in thousands): 100 150 200 250 300 350 400 450 500
550
Expenditure on Advertising (in thousands): 5 7 9 11 13 15
17 19 21 23

4. Insert a scatter plot and display the trend line along with the R2 value for the following
data. Give the graph chart title and axes titles. Calculate the correlation coefficient, slope
and intercept value. Find the values of y when x = 53200 and when x = 78900. (take x
as advertising expenditure and y as sales revenue).
 Advertising Expenses Sales Revenue
Month
(in thousands) (in lakhs)

January 50 2.5

February 60 3.0

March 55 2.8

April 65 3.2

May 70 3.5

June 75 3.7

July 80 3.9

August 85 4.2

September 90 4.5

October 95 4.7

November 100 4.8

December 105 5.0

 PRACTICAL No: 10
CALCULATING MOVING AVERAGES

1) Calculate 3 yearly moving averages for the following time series giving the gross
revenue data (Rs. in millions) for a travel agency for a 10-year period. Plot the given
data and moving averages on a graph paper.

Year 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

Gross 3 6 10 8 7 12 14 14 18 19
revenue

2) Find five yearly moving averages for the following time series of a company. Plot the
given data and moving averages on a graph paper.

Year 1998 1999 2000 2001 2002 2003 2004 2005

No. of 35 38 42 45 42 41 50 48
Policyholders
in Thousands

3) Calculate 4 yearly moving averages for the following time series Plot the given data
and moving averages on a graph paper.

Year 1990 1991 1992 1993 1994 1995 1996 1997

No. of 12 35 54 70 87 100 84 70
Policyholders
in Thousands

4) Find trend values using 4 yearly centered moving average method.

Week 1 2 3 4 5 6 7 8

Production 90 88 85 92 90 88 92 94
(1000 kgs)

5) Solve all the above problems in Excel.

Practical 11. Forecasting using Time Series

1. Fit a straight line to the following data and hence estimate the
sales for the year 2018. Also plot the trend line on graph.
Year 2011 2012 2013 2014 2015 2016 2017
Sales (in 23 21 26 27 30 29 33
1000s)

2. Fit a trend line to the following data and hence estimate the
production for the year 2009. Also plot the trend line on graph.
Year 2001 2002 2003 2004 2005 2006 2007 2008
Production 112 116 120 118 125 130 132 129
(in tonnes)

3. Fit a trend line to the following data and hence estimate the
Imports for the year 2013. Also plot the trend line on graph.
Year 2005 2006 2007 2008 2009 2010 2011 2012
Imports 68 65 63 64 60 59 61 57

4. Find seasonal indices for the following data giving the expenditure
of a company in lakhs of rupees over 4 quarters.
Year I II III IV
2008 55 62 58 60
2009 57 63 60 62
2010 58 65 57 64
2011 57 66 59 66
2012 59 67 61 68
Practical 12: Index Numbers
1. Find Index Numbers for the following data using:
a. Simple Aggregative method
b. Simple Average of Price Relatives method
c. Weighted Aggregative Method
d. Weighted Average of Price Relatives method

Price
Commodity Weight
Base year Current Year

A 7.5 10 13

B 9 11 16

C 20 27 27

D 12 19.5 44

2. Using 2018 as the base period, calculate the following values:

a. Simple Aggregative method
b. Simple Average of Price Relatives method
c. Weighted Aggregative Method
d. Weighted Average of Price Relatives method

Price
Commodity Weight
2018 2019 2020

Rice 12.5 14 18.5 12

Wheat 7 13 20 24

Pulses 25 27.5 29 7

Sugar 15 17 20 7

3. For the following data calculate

a. Laspeyres Index Number
b. Paasche’s Index Number
c. Fisher’s Index Number
d. Marshall - Edgeworth’s Index Number
e. Dorbish - Bowley’s Index Number
 Base Year Current Year
Commodity
Price Quantity Price Quantity

A 5 12 7 14

B 6 16 12 20

C 7 13 8 14

D 3 2 6 3

4. Using 2018 as the base period, calculate the following values:

a. Laspeyres Index Number
b. Paasche’s Index Number
c. Fisher’s Index Number
d. Marshall - Edgeworth’s Index Number
e. Dorbish - Bowley’s Index Number

Price Quantity
Commodity
2018 2019 2020 2018 2019 2020

Rice 12.5 14 18.5 20 23 25

Wheat 7 13 20 43 46 52

Pulses 25 27.5 29 17 23 29

Sugar 15 17 20 36 37 39