MGT 203 Homework Instructions 1. Answer all questions 2. Submission date: 14 October 2021 3. All work should be typed - New Times Roman Font 12 4. Should you wish to, please provide references Question 1 Provide definitions with suitable examples for the following terms a. Population b. Sample c. Parameter d. Statistic e. Variable: f. Random sample Question 2 Fill in the formulae and statistical notations for the following; Mean Variance Standard Deviation Statistical notation Sample statistic Population Parameter ? 2 2 ? ? ? ? NB: Please use proper symbols from the computer. No writing with ink Question 3. The number of breakdowns each day on a section of road were recorded for a sample of 250 days as follows Number of breakdowns 0 1 2 3 4 5 Calculate a. The range b. Quartile Deviation. c. Standard deviation. Number of days 100 70 45 20 10 5