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Part A. [30 Harts] Students are required to answer ALL questions In this section. 1. In the table below indicate for each column the measurement

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Part A. [30 Harts] Students are required to answer ALL questions In this section. 1. In the table below indicate for each column the measurement level (5 marks] Hernia of Temperature HM Hunter at it: Brand them lth-UK ofgold 2. Using the car insurance sample data below, calculate the range. variance and stand deviation. Dismiss which of these three you would prefer to use as a measure of variation. {Smarlts} I_I_IE_EE_ _IE_E_ Type 1' Exmvhathn WWyofppedm mm Page} ofat 3. An analysis of the monme incentives received by 5 salesmen: The mean and median of the incentives is $000. The only mode among the observations is $12,000. Incentives paid to each salesman were in full thousands. What is the dilterence between the highest and the lowest incentive received by the 5 salesmen in the month? (Smarts) 4. The weight of bags of apples is nonnally distributed with a mean of 10kg and a standard deviation of 1kg. The weight of sack of carrots is also normally distributed with a mean of 10kg and a standard deviation of 2509. Based on this infonnation. which product will yield the highest probability of getting a very heavy sack? {Smartest 5. Suppose Stock A has had a mean price of $6.58 per share with a standard deviation of $1.38. and Stock B has had a mean price of $10.5? per share with a standard deviation of $3.02. Which stock is more volatile? {10marks}

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