A person owns two petrol filling stations A and B. At station A, a representative sample of 200 consumers who purchase petrol was taken. The results were as follows: Number of Litres of Number of

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solve 4.31
May
June
July
August
September
October
130
100
127
he
ed
125
109
125
110
120
ces
104
110
er
112
135
Determine the arithmetic mean and standard
deviation of prices of shares. In which market are the
share prices more stable?
B
[HP Univ., MBA 2005]
ev
he
4.31 A person owns two petrol filling stations A and B. At
station A, a representative sample of 200 consumers
who purchase petrol was taken. The results were as
follows:
Number of Litres of
Petrol Purchased
ree
D0.
Number of
Consumers
B?
0 and < 2
2 and < 4
15
nd
40
are
4 and < 6
65
6 and < 8
8 and < 10
10 and over
40
30
10
A similar sample at, station B users showed a mean
of 4,litres with a standard deviation of 2.2 litres. At
which station is the purchase of petrol relatively more
variable?
256 hours
4.24 Variance (new machine)
59,000
= 590 cheques per day
Transcribed Image Text:May June July August September October 130 100 127 he ed 125 109 125 110 120 ces 104 110 er 112 135 Determine the arithmetic mean and standard deviation of prices of shares. In which market are the share prices more stable? B [HP Univ., MBA 2005] ev he 4.31 A person owns two petrol filling stations A and B. At station A, a representative sample of 200 consumers who purchase petrol was taken. The results were as follows: Number of Litres of Petrol Purchased ree D0. Number of Consumers B? 0 and < 2 2 and < 4 15 nd 40 are 4 and < 6 65 6 and < 8 8 and < 10 10 and over 40 30 10 A similar sample at, station B users showed a mean of 4,litres with a standard deviation of 2.2 litres. At which station is the purchase of petrol relatively more variable? 256 hours 4.24 Variance (new machine) 59,000 = 590 cheques per day
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