General Santos Hope Christian School

Block 8, Dadiangas Heights

General Santos City

Final Examination
Business Mathematics
Grade XI - ABM
SY: 2016 2017

Name: ____________________________ Score: _________

Teacher: Rogelio B. Pontejo

I. MULTIPLE CHOICE: Identify the choice that best completes the statement or
answers the question.

______1. In hypothesis testing, the hypothesis tentatively assumed to be true is

A. the alternative hypothesis

B. the null hypothesis
C. either the null or the alternative
D. None of these alternatives is correct.

_____ 2. If a hypothesis is rejected at the 5% level of significance, it

A. will always be rejected at the 1% level

B. will always be accepted at the 1% level
C. will never be tested at the 1% level
D. may be rejected or not rejected at the 1% level

_____ 3. The ANOVA procedure is a statistical approach for determining whether or not

A. the means of two samples are equal

B. the means of two or more samples are equal
C. the means of more than two samples are equal
D. the means of two or more populations are equal

_____ 4. A random sample of 121 bottles of cologne showed an average content of 4

ounces. It is known that the standard deviation of the contents (i.e., of the
population) is 0.22 ounces. In this problem the 0.22 is

A. a parameter C. the standard error of the mean

B. a statistic D. the average content of colognes in the long run

_____ 5. Information is

A. data C. manipulated input

B. processed Data D. computed output

_____ 6. Data by itself is not useful unless

A. it is massive C. it is collected from diverse sources

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 B. It is processed to obtain information D. it is properly stated

_____ 7. For taking decisions data must be

A. very accurate C. processed correctly

B. massive D. collected from diverse sources
______ 8. In motor car manufacturing, the following type of information is strategic

A. Decision on introducing a new model

B. Scheduling production
C. Assessing competitor car
D. Computing sales tax collected

______ 9. It would be appropriate for the payroll accounting department to be

responsible for which of the following functions?

A. approving employee time records

B. maintaining records of employment, discharges, and pay increases
C. preparing periodic government reports as to employees earnings and
withholding taxes
D. temporarily retaining unclaimed employee paychecks

_____ 10. An employer may require an employee to work on the employee's rest day.

A. to avoid irreparable loss to the employer

B. only when there is a state of calamity
C. provided he is paid an extra of at least 50% of his regular rate
D. subject to 24-hour advance notice to the employee

_____ 11. According to the text, accepting the ______________ will lead to changes in
opinions or actions.

A. null hypothesis C. random hypothesis

B. alternative hypothesis D. standardize hypothesis

_____ 12. The ______________ is always the hypothesis that is tested, but can never
be accepted based on a single test.

A. alternative hypothesis C. null hypothesis

B. random hypothesis D. standardize hypothesis

_____ 13. One of the early steps a researcher must do when conducting a statistical
study is to

A. gather and collect data.

B. use a computer or a calculator to analyze the data.
C. draw conclusions from the data.
D. interpret the collected data

______14. A statistics professor gives a very easy 100 point test, with the highest score
being 98 and the lowest score being 71. We want to divide this data into
categories. Then, a reasonable width of categories could be

A. 1 B. 5 C. 10 D. 15

______15. The manager of a computer store wishes to track how many computer
monitors of different screen sizes are sold during the week. He tallies the

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 sales by the following categories: less than 15, 15-15.9, 16-16.9, 17-
17.9 18-18.9, 19-19.9, and 20 and above. The best way to represent the
data is using a

A. Histogram. B. Frequency polygon. C. Ogive. D. All of the above.

_____16. Which of the following is not a step in calculation of the chi-square statistic?

A. Formulate the null hypothesis and determine the expected frequency of

each answer.
B. Determine the appropriate significance level.
C. Calculate the sample mean.
D. Calculate the chi-square value.

____17. Hypothesis tests are designed so that the _____ hypothesis will be rejected.

A. null B. alternative C. incorrect D. alpha

____ 18. A beauty competition is an example of which scale of measurement?

A. ordinal B. nominal C. ratio D. interval

__ ___19. If Test A and Test B have a correlation of -.85, it means that

A. as the scores on A increase the scores on B increase

B. the scores on B are consistently lower than scores on A
C. Test A and Test B are not related
D. as the scores on A increase the scores on B decrease.

______20. Which of the following could not be a correlation coefficient?

A. 0 B. -0.23 C. 12. D. 1

II. TRUE OR FALSE:

Write True is the statement given is correct and write False if the statement
given is wrong. Write your answer in the space provided before each item.

_____21. Many marketing research projects do not go beyond basic data analysis.

_____22. A mathematical distribution whose objective is to obtain a count of the

number of responses associated with different values of one variable as to
express these counts in percentage terms is called frequency distribution.

_____23. The mean, mode, and median are associated with the measures of location of
frequency distribution.

_____24. The most commonly used statistics associated with frequencies are measures
of location and measures of variability.

_____25. According to the text, the measures of variability is a statistic that describes a
location within a data set.

_____26. The mean is that value obtained by summing all elements in a set and
dividing by the number of elements.

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 _____27. The mode is used to estimate the average when the data have been
collected using an interval or ratio scale.

_____28. A measure of central tendency given as the value that occurs the most in a
sample distribution is called the median.

_____29. According to the text, the mode represents the highest peak of the
distribution.

_____30. The mean is a good measure of location when the variable is inherently
categorical or has otherwise been grouped into categories.

III. PROBLEM SOLVING:

Solve the following problems. Show your solutions.

31 40. The amount of protein (grams) for a variety of fast-food sandwiches is reported
here. Construct a frequency distribution.

23 30 20 27 34 26 35 20 29 29
25 25 18 27 19 22 12 26 34 15
27 25 26 41 35 14

(4points)
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Compute the following:

Mean (2points)

Median (2points)

Third Quartile (2points)

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 41 50. Staples, a chain of large office supply stores, sells a line of desktop and laptop
computers. Company executives want to know whether the demands for these
two types of computers are related in any way. Each day's demand for each
type of computers is categorized as Low, Medium-Low, Medium-High, or High.
The data shown in the table below is based on 200 days of operation. Based
on these data, can Staples conclude that demands for these two types of
computers are independent? Test at the 5% level of significance.

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51 60. Data below is the Commercial Total tuna catch by species for 2010 2015 in
Metric Tons

Year
Skipjack Yellowfin Bigeye Total Mean
2010 177,698 85,351 8,575
2011 147,979 68,625 6,022
2012 163,026 77,730 7,912
2013 168,183 83,142 6,899
2014 194,583 94,256 6,188
2015 199,153 102,400 5,258
Total

Determine whether the tuna catch is the same throughout the six (6) years period.

You may use your Ipad to solve the significant difference. Use 5% level of significance.
Just indicate the Fcomputed value in this page and write the necessary interpretation.

Null hypothesis : _______________________________________________________

Alternative hypothesis: __________________________________________________

Interpretation: _________________________________________________________
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 IV. DISCUSSION:
Answer the following items as required.

61 64. Discuss the similarities and differences between Pearson Product Moment and
Spearman Rho. Which is more powerful as Statistical Tool? Why?

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65 68. Five (5) applicants for a job are rated by two officers, with the following results.
Note that in this example the ranks are given initially. Usually the data must be
replaced by ranks.

Applicants A B C D E

Rater 1 4 1 3 2 5
Rater 2 3 2 5 1 4

Using Spearman Rank Correlation Coefficient, we find that the critical value for
n = 5 and =0.05 r = 0.8000.

Interpret the result of the statistics. so we must not reject the null hypothesis
and we conclude that we cannot say that the rankings agree.
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69 72. Suppose the National Transportation Safety Board (NTSB) wants to examine
the safety of compact cars, midsize cars, and full-size cars. It collects a
sample of three for each of the treatments (cars types). Using the hypothetical
data provided below, test whether the mean pressure applied to the drivers
head during a crash test is equal for each types of car. Use = 5%.

Compact cars Midsize cars Full-size cars

643 469 484

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 655 427 456
702 525 402
Total 2000 1421 1342
X
666.67 473.67 447.33
S 31.18 49.17 41.68
Using the ANOVA: The following were computed:
F(observed) = 25.17 and F(critical) = 5.14.

State the following:

Null hypothesis: ___________________________________________________

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Alternative hypothesis: ___________________________________________________

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Interpretation ____________________________________________________
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73 76. List some examples and discuss De minimis

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77 80. In Biblical times, tax is already prevalent. According to Genesis 47:24; But
when the crop comes is, given a fifth of it to Pharaoh. The other four-fifth you
may keep as seed for the fields and as food for yourselves and your
households and your children.

Discuss the differences and similarities between taxation in Biblical times and the
current time.

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 GOD BLESS

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