Question: Question One The data below relate to the wage distribution(in thousands of Kshs) of as sample of 50 employees in a large multinational organisation 31

Question One

  1. The data below relate to the wage distribution(in thousands of Kshs) of as sample of 50 employees in a large multinational organisation

31 13 46 31 30 45 36 42 30 9

30 30 46 36 2 41 44 18 29 63

44 30 19 5 44 15 7 25 12 30

6 22 24 37 15 6 39 32 21 20

42 31 19 14 23 28 17 53 22 21

Required:

  1. Classify the data using exclusive method of classification.
  2. Represent the data in (i) above in form of a cumulative frequency curve and estimate the number of workers earning less than 40000 shillings
  3. Present the data inform of a Histogram
  4. Compute the mean wage Compute the median wage 3 marks
  5. Compute standard deviation and comment on the results
  6. Compute Pearson's coefficient of Skewness and comment on the results
  7. Compute 95% confidence limits of the population mean

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