Question: QUESTION 9 ( 4 Marks ) Considering the details outlined in question 8 and assuming a stratified sampling approach informed the random selection of the

QUESTION 9(4 Marks)
Considering the details outlined in question 8 and assuming a stratified sampling approach informed the random selection
of the 20 graduate interns, how many of the total population of 50 interns who participated in the internship program were
probably offered employment letters by ABC Ltd?
A.18
B.14
C.12
D.10
Study the information provided below and answer questions 1012.
INFORMATION
A team of product testing engineers has established that the lifespan of an XXXTM brand of digital smartwatch is normally
distributed, with a mean of 60 months and the standard deviation of 10 months. According to the manufacturer's policy, any
XXXTM smartwatch malfunctioning within 43 months of purchase will be replaced with a new one.
QUESTION 10(4 Marks)
What is the probability that a recently purchased XXXTM digital smartwatch will last between 40 months and 85 months?
A.0.8867
B.0.9710
C.0.7848
D.0.9290
QUESTION 11(4 Marks)
What is the probability that a recently purchased XXXTM digital smartwatch will last at least 82 months?
A.0.9861
B.0.0861
C.0.4861
D.0.0139
QUESTION 12(4 Marks)
Based on the manufacturers policy, what percentage of the XXXTM digital smartwatches are expected to be replaced?
A.5.00%
B.4.46%
C.7.81%
D.2.83%
Use the information provided below to answer questions 1315.
INFORMATION
According to the Automobile Association of South Africa, sixty percent of vehicles on South African roads lack insurance
coverage. During a recent roadblock, ten motorists were randomly stopped and asked about their vehicle insurance status.
QUESTION 13(4 Marks)
What is the probability that exactly six of the motorists will report having insurance for their vehicles?
A.0.1115
B.0.0124
C.0.0154
D.0.2230
QUESTION 14(4 Marks)
What is the probability that at least two of the motorists will report having insurance for their vehicles?
A.0.9861
B.0.0464
C.0.9536
D.0.0343
QUESTION 15(4 Marks)
What is the probability that at most seven of the motorists will report not having insurance for their vehicles?
A.0.8327
B.0.4861
C.0.5861
D.0.1673
Based on the information provided below, answer questions 1619.
INFORMATION
A researcher aiming to examine the impact of organisational resilience culture (ORC) on firm productivity (FP) across the
South African tourism sector collected the data presented in the table below.
Firm # 123456789101112131415
ORC (%)685282612941593822738749526472
FP (%)564263433635443221597643455264
The researcher measured ORC using an Index which consolidates measures of adaptability, flexibility, leadership support,
communication effectiveness, and employee empowerment. FP was measured using a multifactor tool.
QUESTION 16(4 Marks)
The plot below is a graphical illustration of the researchers data.
Which of the following best characterises the relationship between Organizational Resilience Culture (ORC) and Firm
Productivity (FP) across the 15 tourism firms examined by the researcher?
A. Organisational Resilience Culture (ORC) strongly correlates with Firm Productivity (FP) across the 15 firms studied.
B. Organisational Resilience Culture (ORC) weakly correlates with Firm Productivity (FP) across the 15 firms studied.
C. Organisational Resilience Culture (ORC) moderately correlates with Firm Productivity (FP) across the 15 firms studied.
D. Organisational Resilience Culture (ORC) correlates disproportionately with Firm Productivity (FP) across the 15 firms
studied.
QUESTION 17(4 Marks)
What is the Pearson correlation coefficient of the researchers data?
A.0.9147
B.0.9550
C.0.8861
D.0.9776
QUESTION 18(4 Marks)
Which of the following represents the accurate underlying trend equation describing the relationship between organisational
resilience culture (x) and firm productivity (y) across the 15 tourism firms?
A. y =0.7284x -6.1752
B. y =6.1752+0.7284x
C. y =0.7284+6.1752x
D. y =6.1752-0.7284x
QUESTION 19(4 Marks)
What is the expected productivity of a tourism firm with a resilience culture score of 60%?
A.50%
B.45%
C.61%
D.56%
Using the information provided below, answer questions 2022.
INFORMATION
The data in the table below represents the trade between South Africa and four major trading partners in their respective
currencies during the twelve months of 2010 and 2020.
Major Currency 20102020
Exchange Rate, R Trade volume,
(in Billions of foreign
currency)
Exchange Rate, R Trade volume,
(in Billions of foreign
currency)
US Dollar (US$)7.307.216.4714.5
Euro (EUR)9.703918.6734
Japanese Yen (JPY)0.086.50.158.4
Chinese Yuan (CNY)1.08186.52.39245.5
QUESTION 20(4 marks)
Using 2020 as the base year, calculate the Laspeyres Price Index for 2020.
A.100.38%
B.230.97%
C.125.97%
D.204.40%
QUESTION 21(4 marks)
Using 2020 as the base year, calculate the Paasches Quantit

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