Question Tag: Data Analysis

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  • 8 Marks

AAA – Nov 2021 – L3 – Q3b – Audit of IT Systems and Data Analytics

Discuss audit team activities using CAATs on client premises and analyze two types of audit software.

You have been appointed as the auditor of a company that processes its accounting functions using a computer system. You have decided to use computer-assisted audit techniques (CAATs) to generate necessary audit evidence for this engagement.

Required:

i. Discuss the activities members of the audit team could perform with their computers in the client’s office. (4 Marks)

ii. Analyze TWO types of audit software in use in computer-based information systems. (4 Marks)

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  • 1 Marks

QTB – Nov 2014 – L1 – SA – Q14 – Data Collection Analysis

Calculates the mean deviation of a given set of values.

The mean deviation of the values: 7, 8, 10, 14, 25, 30 is:
A. 16.86
B. 14.89
C. 7.89
D. 6.89
E. 5.89

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  • 1 Marks

QTB – Nov 2014 – L1 – SA – Q13 – Data Collection Analysis

Determines the classification of the mode in a given data set.

The mode in the set of data 2, 3, 5, 5, 5, 7, 7, 7, and 6 is described as:
A. Unimodal
B. Bimodal
C. Modal average
D. Trimodal
E. Multimodal

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  • 10 Marks

QTB – Nov 2015 – L1 – SB – Q5a – Data Collection Analysis

Calculate the mean, median, and mode for the given distribution of student scores.

A group of 24 final year students participated in an Economic Theory Test and their scores were recorded as follows:

12, 14, 18, 7, 11, 15,
8, 15, 10, 14, 19, 9,
14, 6, 13, 14, 12, 16,
10, 9, 12, 15, 8, 17

Required:

Determine the:

  1. Mean,
  2. Median, and
  3. Mode of this distribution.

(Total: 10 Marks)

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  • 20 Marks

QTB – Nov 2015 – L1 – SB – Q3 – Data Collection Analysis

Calculate the semi-interquartile range and standard deviation for the income distribution of families.

The table below shows the hypothetical incomes of some families in a locality:

Income (N) Percent (%)
1000 – 1999 6.2
2000 – 2999 5.9
3000 – 3999 7.2
4000 – 4999 8.8
5000 – 5999 7.8
6000 – 6999 15.0
7000 – 7999 17.6
8000 – 8999 12.8
9000 – 9999 8.5
10,000 – 10,999 10.2

Required:

a. Determine the semi-interquartile range for the incomes of the families. (10 Marks)

b. Determine the standard deviation for the incomes of the families. (10 Marks)

(Total: 20 Marks)

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  • 1 Marks

QTB – MAY 2016 – L1 – SA – Q8 – Statistics

Calculate the number of items in original data set given mean changes

The mean of a certain number of observations is 40. If two items with values 50
and 64 are added to this data, the mean rises to 42. The number of items in the
original data is

A. 12
B. 13
C. 14
D. 15
E. 16

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  • 20 Marks

QTB – May 2015 – L1 – SB – Q1 – Data Collection Analysis

Analyzing average daily sales data to compute frequency, median, and mode.

The table below shows average daily sales of Rice Krispies in the month of August 2014 in Flavour Restaurant:

Sales Sales Sales Sales Sales Sales Sales Sales Sales Sales
32 8 12 18 26 18 32 28 15 14
22 44 24 18 32 46 52 62 72 78
29 32 10 14 16 24 32 40 24 42
17 20 23 13 16 17 19 36 25 60
25 15 20 42 32 16 20 25 24 50
10 9 11 21 19 12 48 32 32 30

You are required to:
a. Use tally method to prepare a frequency table starting from 1 – 10, 11 – 20, etc. (8 Marks)
b. Compute:
(i) The median (6 Marks)
(ii) The mode (6 Marks)
(Total 20 Marks)

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  • 10 Marks

MA – May 2018 – L2 – Q2a – Performance analysis

Analyze a survey comparing attitudes towards Japanese and German cars based on service, economy, reliability, and comfort.

Diligence Research Ltd, a research and advocacy company, has undertaken an attitude survey of recent buyers of particular brands of cars in Ghana. As part of this study, recent buyers of Japanese cars and recent buyers of German cars were asked to agree or disagree with a number of statements. They were asked to choose only one out of the four options and indicate whether they agree or disagree. One of the summary tables from the survey is shown below.

Agree Disagree
Japan cars are:
Easy to get serviced 65 35
Economical 81 19
Reliable 76 24
Comfortable 69 31
German cars are:
Easy to get serviced 32 68
Economical 61 39
Reliable 74 26
Comfortable 85 15

Required:
Analyse the above data highlighting the most significant features of these data. Illustrate your analysis with tables.

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  • 8 Marks

AAA – Nov 2021 – L3 – Q3b – Audit of IT Systems and Data Analytics

Discuss audit team activities using CAATs on client premises and analyze two types of audit software.

You have been appointed as the auditor of a company that processes its accounting functions using a computer system. You have decided to use computer-assisted audit techniques (CAATs) to generate necessary audit evidence for this engagement.

Required:

i. Discuss the activities members of the audit team could perform with their computers in the client’s office. (4 Marks)

ii. Analyze TWO types of audit software in use in computer-based information systems. (4 Marks)

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  • 1 Marks

QTB – Nov 2014 – L1 – SA – Q14 – Data Collection Analysis

Calculates the mean deviation of a given set of values.

The mean deviation of the values: 7, 8, 10, 14, 25, 30 is:
A. 16.86
B. 14.89
C. 7.89
D. 6.89
E. 5.89

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  • 1 Marks

QTB – Nov 2014 – L1 – SA – Q13 – Data Collection Analysis

Determines the classification of the mode in a given data set.

The mode in the set of data 2, 3, 5, 5, 5, 7, 7, 7, and 6 is described as:
A. Unimodal
B. Bimodal
C. Modal average
D. Trimodal
E. Multimodal

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  • 10 Marks

QTB – Nov 2015 – L1 – SB – Q5a – Data Collection Analysis

Calculate the mean, median, and mode for the given distribution of student scores.

A group of 24 final year students participated in an Economic Theory Test and their scores were recorded as follows:

12, 14, 18, 7, 11, 15,
8, 15, 10, 14, 19, 9,
14, 6, 13, 14, 12, 16,
10, 9, 12, 15, 8, 17

Required:

Determine the:

  1. Mean,
  2. Median, and
  3. Mode of this distribution.

(Total: 10 Marks)

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  • 20 Marks

QTB – Nov 2015 – L1 – SB – Q3 – Data Collection Analysis

Calculate the semi-interquartile range and standard deviation for the income distribution of families.

The table below shows the hypothetical incomes of some families in a locality:

Income (N) Percent (%)
1000 – 1999 6.2
2000 – 2999 5.9
3000 – 3999 7.2
4000 – 4999 8.8
5000 – 5999 7.8
6000 – 6999 15.0
7000 – 7999 17.6
8000 – 8999 12.8
9000 – 9999 8.5
10,000 – 10,999 10.2

Required:

a. Determine the semi-interquartile range for the incomes of the families. (10 Marks)

b. Determine the standard deviation for the incomes of the families. (10 Marks)

(Total: 20 Marks)

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  • 1 Marks

QTB – MAY 2016 – L1 – SA – Q8 – Statistics

Calculate the number of items in original data set given mean changes

The mean of a certain number of observations is 40. If two items with values 50
and 64 are added to this data, the mean rises to 42. The number of items in the
original data is

A. 12
B. 13
C. 14
D. 15
E. 16

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  • 20 Marks

QTB – May 2015 – L1 – SB – Q1 – Data Collection Analysis

Analyzing average daily sales data to compute frequency, median, and mode.

The table below shows average daily sales of Rice Krispies in the month of August 2014 in Flavour Restaurant:

Sales Sales Sales Sales Sales Sales Sales Sales Sales Sales
32 8 12 18 26 18 32 28 15 14
22 44 24 18 32 46 52 62 72 78
29 32 10 14 16 24 32 40 24 42
17 20 23 13 16 17 19 36 25 60
25 15 20 42 32 16 20 25 24 50
10 9 11 21 19 12 48 32 32 30

You are required to:
a. Use tally method to prepare a frequency table starting from 1 – 10, 11 – 20, etc. (8 Marks)
b. Compute:
(i) The median (6 Marks)
(ii) The mode (6 Marks)
(Total 20 Marks)

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  • 10 Marks

MA – May 2018 – L2 – Q2a – Performance analysis

Analyze a survey comparing attitudes towards Japanese and German cars based on service, economy, reliability, and comfort.

Diligence Research Ltd, a research and advocacy company, has undertaken an attitude survey of recent buyers of particular brands of cars in Ghana. As part of this study, recent buyers of Japanese cars and recent buyers of German cars were asked to agree or disagree with a number of statements. They were asked to choose only one out of the four options and indicate whether they agree or disagree. One of the summary tables from the survey is shown below.

Agree Disagree
Japan cars are:
Easy to get serviced 65 35
Economical 81 19
Reliable 76 24
Comfortable 69 31
German cars are:
Easy to get serviced 32 68
Economical 61 39
Reliable 74 26
Comfortable 85 15

Required:
Analyse the above data highlighting the most significant features of these data. Illustrate your analysis with tables.

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