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BUSINESS MATH

MINDANAO MISSION ACADEMY


Accountancy, Business and Management
Final Examination
October 11-12, 2018

Name:_____________________________ Score:_______________
The LORD himself goes before you and will be with you; he will never leave you nor forsake you. Do not be afraid; do not be
discouraged.” Deuteronomy 31:8
Examination Rules:
a. Use Blue/Black ink ball pens only
b. Minimize Erasures
c. Ask directly to the proctor if you have questions.
d. Talking to your seatmates while taking the exam is considered cheating.

I. Multiple Choice: Encircle the letter of the best answer.


1. The branch of mathematics that focuses on collecting, organizing, analyzing, and interpreting data.
a) Journalizing c) Frequency
b) Statistics d) hypothesis
2. A graphical display of data using bars of different heights
a) Frequency Polygon c) Histogram
b) Polygon d) Frequency Histogram
3. A summary measure that attempts to describe a whole set of data with a single value that represents the middle or center of
its distribution
a) Measure of Centre Tendency c) Measure of Center Tendency
b) Measure of Central Tendency d) Measurement of Center Tendency
4. The number which appears most often
a) Mean c) Mode
b) Median d) Range
5. The middle value or midpoint in a distribution when the values are arranged in ascending or descending order.
a) Mean c) Mode
b) Median d) Range
6. The result of adding up all the numbers, then dividing the result by how many numbers there are.
a) Mean c) Mode
b) Median d) Range
7. The simplest measure of variability. It is the difference between smallest number and the largest number.
a) Mean c) Mode
b) Median d) Range
8. ______ are directional hypotheses and are tested by a directional or one-tailed test.
a) Null hypothesis c) Level of significance
b) Alternative hypotheses d) hypothesis
9. Probability of committing a type I error denoted by alpha.
a) Null hypothesis c) Level of significance
b) Alternative hypotheses d) hypothesis
10. A statement about a population
a) Null hypothesis c) Level of significance
b) Alternative hypotheses d) hypothesis

II. Labeling: Label the parts of the statistical table by writing your answers after each number.

---1.

---2.

---3.

---4. ---5.

---6. ---7.

III. Chart Making: Below are the score of the ABM Students in a business math for a certain exam.
BUSINESS MATH
80 85 82 81 80 83 85 80 80 82 78 77 79 78 83

 Use the above data for the following requirements:


1. Prepare a Frequency Table

Score Frequency

2. Prepare a Histogram
frequency

3. Prepare a Pie Chart

IV. Problem Solving: show all your solutions.

You are given the following set of numbers.

8 32 25 16 14 20 35

Find the:
1) Mean:_______________ 5) Variance
2) Median:__________________
3) Range:__________________

4) Interquartile range:_______________
6) Standard Deviation________

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