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QMS 102 (188)
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Lecture 4

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Ryerson University
Quantitative Methods
QMS 102
Clare Chua

Announcement Quiz 1 marks will be posted on BB in one-week time Lecture 4 Matter related to online homework Each online homework is worth 0.45%. Measure of Central Tendency I urge you to focus more on the other evaluation components as well. 1. What are the measures of Location? . Compon en t Percen tWe igh t 2. How to compute mode? Qu i#11 # 10% Test 25% 3. How tto computet med diian?? Qu iz #2 10% 4. How to compute mean? 11 On lin e 5% ho m ew ork 5. How to use the Casio calculator to obtain Fina l Exa m 50% the mean, median and mode? The online homework is designed to help you master the concepts. Read the instructions carefully. Learning Objectives By the end of this module, you will be able to Calculate mode with raw data and grouped 3.1 Descriptive Statistics 1: data. Measures of Central Tendency Caalcuulatte meeddiann wiith raww ddaata aandd grrouupeed pagge 1330 data. Mean Calculate mean with raw data and grouped data. Median Mode What are Data? Recap of what you have learned? Minimum Minimum Monthly Online Bank Deposit to Balance to Service Bounced Foreign Account Name Open avoid Fee Charge Check Fee ATM Fee Access Making Data Informative Newton Federa$100.00 $500.00 $12.00 $22.00 $1.00 No Organizing Stem and Leaf Display Bank of North$100.00a $1,000.00 $8.00 $24.00 $0.00 No Herita $50.00 $500.00 $5.00 $25.00 $0.00 No Frequency Distribution Middlesex Savi$1.00 $1,000.00 $5.00 $15.00 $0.00 No Present (RelativePercent) Cambridge Savi$10.00 $1,000.00 $6.00 $20.00 $1.00 Yes Mid America $50.00 $500.00 $6.00 $21.00 $1.50 Yes OGIVE LaSalle $100.00 $750.00 $10.00 $22.00 $1.50 Yes Guaranty Fede$100.00 $1,000.00 $10.00 $20.00 $1.50 Yes Describe Bank One, Tex$100.00 $800.00 $9.00 $25.00 $1.25 Yes Chapter 2 Bank of Americ$25.00 $500.00 $7.00 $25.00 $1.25 Yes Compass $100.00 $750.00 $10.00 $25.00 $1.00 Yes Analyze FirstBank of $500.00o $500.00 $7.00 $15.00 $1.00 Yes 1
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