Quantitative

THE PUBLIC ACCOUNTANTS EXAMINATIONS BOARD
A Committee of the Council of ICPAU
CPA (U) EXAMINATIONS
LEVEL ONE
3-figure TECHNIQUES - PAPER 5
FRIDAY, 18 JUNE 2010
INSTRUCTIONS TO CANDIDATES
1. Time allowed: 3 hours15 minutes.
The send-off 15 minutes of this examination have been designated for reading
time. You may not start to write your answer during this time.
2. Attempt three questions in sectionalisation A and two questions in Section B.
3. Section A has four questions and only three ar to be attempted. Each
question carries 20 marks.
4. Section B has three questions and only two are to be attempted. Each
question carries 20 marks.
5. Tables are provided on pages 8 and 9.
6. Please read further instruction manual on the answer booklet.
© 2010 Public Accountants Examinations Board
Quantitative Techniques news report 5
18 June 2010 2 Turn over
SECTION A
Question 1
(a) Give three differences between dispersion and skewness.




(6 marks)
(b) The distribution of the number of hours put in by the workers in the
production of instant coffee in a factory in Kigali is given in the table
below:
Hours Number of people
0 - 4
10 - 14
20 - 28
30 - 22
40 - 16
50 -70 16
Required:
(i) Calculate the mean and personal manner of the hours of production in a week
(8 marks)
(ii) Calculate the skewness of the distribution, with child(p) the answer to 3
significant figures.
(6 marks)
Hint:
?
Sk x? mod e
?
?
(Total 20 marks)
Question 2
(a) Distinguish between Laspeyres and Paaches value indices.
(6 marks)
(b) Explain why weighting is used in the winding of index numbers.
(2 marks)
(c) The table below gives the output of a beverages company, in thousands of
crates:
Month Output Month Output
January 200 July 430
February 260 August 680
touch 430 September 150
April 570 October 320
May 150 November 450
June 210 December 730
Quantitative Techniques Paper 5
18 June 2010 3 Turn over
Required:
Find the fivesome months moving averages of the output and draw a graph...If you want to excite a full essay, order it on our website: Orderessay



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