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Ahmed Akoojee

Ahmed A.

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Kirsty Gledhill verified

Numerade educator

Questions 14 and 15 refer to the problem below. The average mass (in grams) of lemons from an orchard is 85 g with a standard deviation of 9 g. Assume that the masses of these lemons are normally distributed. QUESTION 14 (4 Marks) What is the probability that a randomly selected lemon from this orchard has a mass exceeding 100 g? A. 0.0375 B. 0.0575 C. 0.4525 D. 0.0475 QUESTION 15 (4 Marks) What is the probability that a randomly selected lemon from this orchard has a mass between 80 g and 99 g? A. 0.6529 B. 0.2283 C. 0.5612 D. 0.6820 Questions 16 – 18 refer to the problem below. The research productivity of academics at a university depends on their teaching load. In the table below, the teaching load (hours per week) of five academics and the number of publications (per year) are given. Teaching load (hours) (x) Number of publications (y) xy x2 y2 8 7 12 5 16 4 20 2 25 1 S 81 19 QUESTION 16 (4 Marks) The values of Sxy, Sx2 and Sy2, respectively are: A. 245, 1498 and 95 B. 245, 1489 and 95 C. 254, 1489 and 95 D. 245, 1489 and 90 QUESTION 17 (4 Marks) The Pearson’s correlation coefficient is: A. 0.949 B. 0.989 C. – 0.899 D. – 0.989 QUESTION 18 (4 Marks) The linear regression equation is: A. y = - 9.55 – 0.355x B. y = 9.55 + 0.355x C. y = 9.55 – 0.355x D. y = - 9.55 + 0.355x

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Lucas Finney verified

Numerade educator

Airplanes land at an airport at an average rate of six planes every 20 minutes. Assume a Poisson distribution. QUESTION 10 (4 Marks) What is the probability that exactly fifteen planes will land in an hour? A. 0.0529 B. 0.1029 C. 0.0921 D. 0.0786

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Shu Naito verified

Numerade educator

Questions 19 – 20 refer to the problem below. The price (in R) and quantity of a basket of three items for the years 2021 and 2023 are given in the table below. 2021 2021 2023 2023 ITEM PRICE (R) QUANTITY PRICE (R) QUANTITY SWEETENER (kg) 140 100 170 150 CRACKERS (BOX) 40 60 50 80 TEABAGS (BOX) 65 90 75 110 QUESTION 19 (4 Marks) Using 2021 as the base year, the Laspeyre’s price index for this basket of items is: A. 120.22% B. 119.78% C. 122.87% D. 141.12% QUESTION 20 (4 Marks) Using 2021 as the base year, the Paasche’s quantity index for this basket of items is: A. 143.16% B. 139.65% C. 141.12% D. 145.80% Consider the table which shows the quarterly sales of a company for 2021 and 2022. YEAR QUARTER SALES (R 000) 2021 1 800 2 740 3 900 4 860 2022 1 950 2 770 3 990 4 1020 The first centred average is: A. 878.75 B. 825.00 C. 843.75 D. 770.00 QUESTION 22 (4 Marks) How long will it take an amount of money to triple in value if the interest rate offered is 12% per annum compounded yearly? A. 10.4 years B. 9.7 years C. 8.6 years D. 9.1 years QUESTION 23 (4 Marks) R 4500 is invested for seven years. Three years after the initial investment, another R 2500 is deposited into the account. The interest rate for the first three years is 15% per annum compounded quarterly and for the next four years it changes to 12% per annum compounded semi-annually. A. R 15 567.03 B. R 14 983.42 C. R 16 245.91 D. R 15 140.83 Questions 24 and 25 refer to the problem below. A businessman is contemplating purchasing a company for R 950 000. The company is expected to operate for 3 years, and the following profits are expected: YEAR PROFIT (R) DISCOUNT FACTOR PRESENT VALUE (R) 1 450 000 0.909 409 050 2 740 000 J 611 240 3 890 000 0.751 668 390 S D A company of this type is expected to return a yearly profit of 10%. QUESTION 24 (4 Marks) The missing values J and D, respectively, are: A. 0.826 and 1 688 680 B. 0.859 and 1 688 680 C. 0.826 and 1 563 290 D. 0.793 and 1 688 680 QUESTION 25 (4 Marks) What should be the final decision? A. Do not buy the company since there is a nett loss of R 738 680 B. Buy the company since there is a nett profit of R 648 680 C. Buy the company since there is a nett profit of R 738 680 D. Do not buy the company since there is a nett loss of R 648 680

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Aparna Shakti verified

Numerade educator

Questions 10 and 11 refer to the problem below. Airplanes land at an airport at an average rate of six planes every 20 minutes. Assume a Poisson distribution. QUESTION 10 (4 Marks) What is the probability that exactly fifteen planes will land in an hour? A. 0.0529 B. 0.1029 C. 0.0921 D. 0.0786 QUESTION 11 (4 Marks) What is the probability that at least two planes will land in a 4-minute period? A. 0.3374 B. 0.4981 C. 0.6626 D. 0.5183 Questions 12 – 13 refer to the problem below. Records show that a football team wins 35% of their matches, draw 45% and lose the remainder. Consider the next five matches the team plays. QUESTION 12 (4 Marks) What is the probability that they win two of these matches? A. 0.3971 B. 0.3720 C. 0.2476 D. 0.3364 QUESTION 13 (4 Marks) What is the probability that they win at most four of these matches? A. 0.9709 B. 0.9947 C. 0.9638 D. 0.8791 Questions 14 and 15 refer to the problem below. The average mass (in grams) of lemons from an orchard is 85 g with a standard deviation of 9 g. Assume that the masses of these lemons are normally distributed. QUESTION 14 (4 Marks) What is the probability that a randomly selected lemon from this orchard has a mass exceeding 100 g? A. 0.0375 B. 0.0575 C. 0.4525 D. 0.0475 QUESTION 15 (4 Marks) What is the probability that a randomly selected lemon from this orchard has a mass between 80 g and 99 g? A. 0.6529 B. 0.2283 C. 0.5612 D. 0.6820 Questions 16 – 18 refer to the problem below. The research productivity of academics at a university depends on their teaching load. In the table below, the teaching load (hours per week) of five academics and the number of publications (per year) are given. Teaching load (hours) (x) Number of publications (y) xy x2 y2 8 7 12 5 16 4 20 2 25 1 S 81 19 QUESTION 16 (4 Marks) The values of Sxy, Sx2 and Sy2, respectively are: A. 245, 1498 and 95 B. 245, 1489 and 95 C. 254, 1489 and 95 D. 245, 1489 and 90 QUESTION 17 (4 Marks) The Pearson’s correlation coefficient is: A. 0.949 B. 0.989 C. – 0.899 D. – 0.989 QUESTION 18 (4 Marks) The linear regression equation is: A. y = - 9.55 – 0.355x B. y = 9.55 + 0.355x C. y = 9.55 – 0.355x D. y = - 9.55 + 0.355x

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Kirsty Gledhill verified

Numerade educator

Consider the following random variables: Jessie’s weight, Ayanda’s monthly salary, Number of items Carey purchased in a week. The data types, respectively, are: A. Continuous, Discrete, Discrete. B. Discrete, Continuous, Discrete. C. Continuous, Continuous, Discrete. D. Continuous, Continuous, Continuous. Questions 2 – 8 refer to the (incomplete) grouped frequency distribution below which depicts the test scores (%) of 40 students. Test scores (%) Number of students Midpoint (m) fm fm2 0 < 20 5 10 20 < 40 9 30 40 < 60 16 50 60 < 80 7 70 80 < 100 3 90 S 40 - A B QUESTION 2 (4 Marks) The values of A and B, respectively, are: A. 1808 and 107 200 B. 1880 and 107 200 C. 1880 and 172 000 D. 1880 and 3534 400 QUESTION 3 (4 Marks) The estimated mean score (%) is: A. 50 B. 45 C. 42 D. 47 QUESTION 4 (4 Marks) The median score (%) is: A. 47.5 B. 45.5 C. 43.5 D. 49.5 QUESTION 5 (4 Marks) The modal score (%) is: A. 48.75 B. 47.25 C. 45.75 D. 50.5 QUESTION 6 (4 Marks) The variance is closest to: A. 407.6 B. 341.0 C. 576.8 D. 483.1 QUESTION 7 (4 Marks) The coefficient of variation is closest to: A. 42.5% B. 38.9% C. 46.8% D. 49.0% QUESTION 8 (4 Marks) The 80th percentile is closest to: A. 69.5% B. 65.7% C. 71.8% D. 62.9% QUESTION 9 (4 Marks) Which one of the following is NOT a binomial experiment? A. The tossing of a coin. B. The response to the question “What is your favourite colour?” C. Rolling a dice to see if a “six” is the result. D. The recurrence of a hernia after surgery.

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Kirsty Gledhill verified

Numerade educator

QUESTION 3 (4 Marks) The estimated mean score (%) is: A 50 B 45 C 42 D 47 QUESTION 4 (4 Marks) The median score (%) is: A 47.5 B 45.5 C 43.5 D 49.5 QUESTION 5 (4 Marks) The modal score is: A 48.75 B 47.25 C 45.75 D 50.5 QUESTION 6 (4 Marks) The variance is closest to: A 407.6 B 341.0 C 576.8 D 483.1 QUESTION 7 (4 Marks) The coefficient of variation is closest to: A 42.5% B 38.9% C 46.8% D 49.0% QUESTION 8 (4 Marks) The 80th percentile is closest to: A 69.5% B 65.7% C 71.8% D 62.9%

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Robin Corrigan verified

Numerade educator

SECTION A [100 MARKS] Answer ALL the questions in this section. Type ONLY the letter that represents the correct answer next to the corresponding number in your online answer booklet. E.g. 26 B QUESTION 1 (4 Marks) Consider the following random variables: Jessie's weight, Ayanda's monthly salary, Number of items Carey purchased in a week. The data types, respectively, are: a. Continuous, Discrete, Discrete. b. Discrete, Continuous, Discrete. c. Continuous, Continuous, Discrete. d. Continuous, Continuous, Continuous. Questions 2 – 8 refer to the (incomplete) grouped frequency distribution below which depicts the test scores (%) of 40 students. | Test scores (%) | Number of students | Midpoint (m) | fm | fm² | | :--- | :--- | :--- | :--- | :--- | | 0 < 20 | 5 | 10 | | | | 20 < 40 | 9 | 30 | | | | 40 < 60 | 16 | 50 | | | | 60 < 80 | 7 | 70 | | | | 80 < 100 | 3 | 90 | | | | S | 40 | - | A | B | QUESTION 2 (4 Marks) The values of A and B, respectively, are: a. 1808 and 107 200 b. 1880 and 107 200 c. 1880 and 172 000 d. 1880 and 3534 400

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