Page 259 - BA2 Integrated Workbook - Student 2017
P. 259

Answers to supplementary objective test questions




               10.2 A

                     The three Es in a not-for-profit organisation are:

                     Effectiveness (outputs)

                     Efficiency (the link between outputs and inputs)

                     Economy (inputs)


               10.3  The total gross profit for the period is $21,750


                      Senior           500 hours at $35            $17,500
                      Junior           2,000 hours at $15          $30,000
                      Overheads        2,500 hours at $10          $25,000
                                                                 ––––––––

                      Total cost                                   $72,500
                                                                 ––––––––
                      Mark-up          (30%)                       $21,750
                                                                 ––––––––



               CHAPTER 11 – RISK 1: SUMMARISING AND ANALYSING DATA


               11.1 The completed cumulative frequency distribution table is:

                     Days absent      Cumulative number of people
                     0                             94

                     1 – 5                       297
                     6 – 10                      402
                     11 – 20                     470

                     21 – 30                     485

                     31 – 40                     495
                     41 +                        500


               11.2 B

                     An ogive doesn't have bars. A bar chart looks similar to a histogram but in a bar
                     chart the height of the bar represents the frequency. In a histogram this is only
                     the case if the classes are of equal width. In general the area of the bar in a
                     histogram represents class frequency.





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