Quantitative Methods

ASSIGNMENT-1

SUBMITTED TO:

SUBMITTED BY:

Prof. V. Shekhar

Amanjot Sharma
Enrolment Id. 10BSP0291

MONEY SPENT (in Rs.)

DAY
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Sunday
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Sunday
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Sunday
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Sunday
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Sunday
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday

DATE
07-06-2010
08-06-2010
09-06-2010
10-06-2010
11-06-2010
12-06-2010
13-06-2010
14-06-2010
15-06-2010
16-06-2010
17-06-2010
18-06-2010
19-06-2010
20-06-2010
21-06-2010
22-06-2010
23-06-2010
24-06-2010
25-06-2010
27-06-2010
28-06-2010
29-06-2010
30-06-2010
01-07-2010
02-07-2010
03-07-2010
04-07-2010
05-07-2010
06-07-2010
08-07-2010
09-07-2010
10-07-2010
11-07-2010
12-07-2010
13-07-2010
14-07-2010
15-07-2010
16-07-2010
17-07-2010
18-07-2010
19-07-2010

AMT(Rs.)
105
120
65
100
50
320
280
470
190
180
0
370
575
520
45
30
90
115
130
310
520
160
172
236
78
94
330
410
30
100
45
90
145
590
120
88
25
290
180
60
390

Functions

Values

Mean
Median
Mode
Skewness
Kurtosis

200.4390244
130
120
0.993154704
-0.098302725

Statistical representation of total money spend

Intervals
0-50
50-100
100-150
150-200
200-250
250-300
300-350
350-400
400-450
450-500
500-550
550-600

frequency
6
8
8
5
1
2
3
2
1
1
2
2

Histogram
10
8

8
5

6
4

0
50-100 100-150 150-200 200-250 250-300 300-350 350-400 400-450 450-500 500-550 550-600
50-100

100-150

150-200

200-250

250-300

350-400

400-450

450-500

500-550

550-600

300-350

Analysis:
1)
2)
3)
4)

Mean=200.43 implies that I spend on an average Rs. 200.43 daily.

Median= 130 implies that 50 % of values lie below 130 and 50% above.
Mode = 120 implies I spend Rs. 120 on most of the days.
Skewness = 0.99. Positive skewness indicates that graph is right tailed
and left skewed.
5) Kurtosis is negative -0.09 which implies that the curve is plateau shaped.