Calculate the mean and median acres and interpret the result. If there are highly different from each other

INSTRUCTIONS TO CANDIDATES

ANSWER ALL QUESTIONS

This is the data collected for the real estate market. The next 4 questions are

based on the above

table.

1. Describe each of the variable as per the category to which they belong. If they are

categorical in nature then are they ordinal or nominal?

2. Is this data time series or cross sectional? Give reason for your reply.

3. Does this data seem to come from a designed survey or experiment? What problems you

may encounter in analysing this data?

4. Calculate the mean and median acres and interpret the result. If there are highly different

from each other, then what is the reason for it?

5. Define the terms relative frequency and cumulative frequency. How are they related to

frequency distribution?

6. A man travelled by car for 3 days. He covered 480 km each day. On the first day he

drove for 10 hours at 48 km an hour, on the second day he drove for 12 hours at 40 km an

hour, and on the last day he drove for 15 hours at 32 km per hour. What was his average

speed?

Attachments:

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