BBS First Year Business Statistics | MGT202 | Model Question 2020 | TU | Set B | Download in PDF.
Group ‘A’
Brief Answer Questions.Attempt All Questions. (10X2=20)
1. The mean of marks in Statistics of 100 students in a class was 72. The mean of marks of 70 boys was 75. Find out the mean marks of girls in the class.
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BBS First Year Business Statistics | MGT202 | Model Question 2020 | TU | Set A | Download in PDF.
BBS First Year Financial Accounting and Analysis | MGT211 | Model Question 2020 | TU | Set A | Download in PDF.2. The difference between the upper quartile and the lower quartile of a certainfrequency distribution is 4 and their sum is 16. Calculate the quartile deviation and its coefficient.
3. In a single throw of two dice, what is the probability of getting the same numbers on both dice ?
5. The coefficient of variation of a symmetrical distribution is 9 % and mean of the distribution is 40. Find the value of standard deviation and variance.
6. What do you mean by five number summary?What is its application in statistics ?
7. Reconstruct the following index number by shifting the base year as 2053.
Year |
2049 |
2050 |
2051 |
2052 |
2053 |
2054 |
2055 |
Index Number |
100 |
115 |
126 |
134 |
147 |
155 |
163 |
PAY-OFF
TABLE |
|||
|
N1 |
N2 |
N3 |
S1 |
200 |
50 |
40 |
S2 |
100 |
60 |
30 |
S3 |
40 |
30 |
10 |
Σ = 156 , Σ = 132 , Σ = 4162 , Σ = 2434 , Σ = 2884
Find out if there exists any relationship between sales and pricing.
10. Find the adjoint matrix of the matrix given below.
Group ‘B’
Descriptive Answer Questions.Attempt any FIVE Questions.. (5X10=50)
|
Factory A | Factory B |
Average weekly wage | Rs. 4600 | Rs. 4900 |
Standard Deviations | Rs. 50 | Rs. 40 |
Number of workers | 100 | 80 |
Which factory has greater variability in the distribution of weekly wages?
Justify your result with appropriate Statistical tool.
13. (a) Solve the following linear programming problem using graphical method.
Maximize Z = 30 x + 50 y
Subject to constraints:
x + y ≤ 30
x + 2y ≤ 40
x , y ≥ 0
Year | Product X | Product Y | Product Z | |||
Price | Quantity | Price | Quantity | Price | Quantity | |
1980 | 4 | 54 | 3 | 10 | 2 | 5 |
1985 | 10 | 40 | 8 | 8 | 4 | 5 |
Income(00 Rs.) | Below 200 | 200-400 | 400-600 | 600-800 | 800-1000 | 1000 & above |
No. of families | 25 | 40 | 80 | 75 | 20 | 16 |
Group ‘C’
Analytical Answer Questions.Attempt any TWO Questions. (2X15=30)
17. The following table represents the annual trend of net profit of two different companies seeking investment for their development project. As an investment advisor, in which company would you suggest to invest money ? Justify your answer by using necessary statistical tools.
Year |
Net Profit (in million Rs.) |
|
Company - A |
Company - B |
|
2007 |
16 |
16 |
2008 |
32 |
16 |
2009 |
40 |
22 |
2010 |
24 |
36 |
2011 |
40 |
40 |
2012 |
32 |
44 |
2013 |
88 |
48 |
Advertisement Expenditure
(in 00 Rs.) |
Sales
Revenue ( in 000 Rs. ) |
||||
0 - 50 |
50 - 100 |
100 - 150 |
150 - 200 |
200 - 250 |
|
0
- 40 |
12 |
6 |
8 |
- |
- |
40
- 80 |
2 |
18 |
4 |
5 |
1 |
80
– 120 |
- |
8 |
10 |
2 |
4 |
120
- 160 |
- |
1 |
10 |
2 |
1 |
160
- 200 |
- |
- |
1 |
2 |
3 |
No. of copies sold |
10 |
11 |
12 |
13 |
14 |
Probability |
0.10 |
0.15 |
0.20 |
0.25 |
0.30 |
a. Calculate the expected monetary value ( EMV ) for each strategy.
b. How many copy should be ordered ?
c. Compute expected profit with perfect information ( EPPI ).
d. Also calculate expected value of perfect information ( EVPI ).
BBS First Year Business Statistics Code-MGT202 Model Question 2020 TU Set-B | Download in PDF.
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