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Archive for the ‘Accounting’ Category

finance and accounting

The credit data file CREDIT12.XLS represents a random sample of 118 data records for individuals applying for credit at a well-known store. The file is available on the Excel sheet and the meaning of the field variables is given overleaf. Attempt the following tasks, showing your working when appropriate: 1 Based on this sample, and clearly showing workings, appropriate graphics and your response to blank values in the data, calculate the following: (a) the probability of randomly picking two men under 40 from the sample (b) given that we’re picking from men in the sample, the probability of picking a man whose job income is between £2,000 and £3,000 per month (c) a sub-sample group of five unmarried men under 35 are to share their more detailed views of credit in a focus group. Calculate how many different ways are there of putting these groups of five together from this sample? 2 Assume that Total Income is the sum of Job Income and Additional Income. (a) produce frequency dis