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MT 115 Question Bank

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Integral University, Lucknow

Question Bank

Course Code: MT115 Credits: 4 Date: 27-12-2016


Course Name: B.B.A. (III SEM.)
Units to be covered in Mid-Sem Exam 1: Unit 1 and 2 Mid-Sem Exam 2: Unit 3 and 4(Half)
Difficulty Index: ‘easy’ (A); ‘moderate’ (B); ‘difficult’ (C)

Unit Q. Question Max. Difficulty


1 No. marks Index
1 An individual observation of any variable is known as 1 A
a) Constant c) coefficient
b) Variate d) none of these
2 Who is the father of modern Statistics? 1 A
a) Bowley c) Churchill
b) Sylow d) Karl Pearson
3 Which of the following is not quantitative character 1 A
a) Height of plants c) weight of boys
b) Volume of solid d) petal color of flower
4 Measure describing the characteristics of a sample, is called 1 B
a) Parameters c) continuous variable
b) Statistics d) Discrete variable
5 Which of the followings is not type of bar diagram 1 B
a) Simple bar diagram
b) Divided bar diagram
c) Pie diagram
UNIT-1

d) Line diagram
6 Bar diagram is also known as ________ diagram 1 B
a) Two dimensional c) Three dimensional
b) One dimensional d) none of these
7 Which of the following is representation of frequency 1 B
distribution
a) Multiple bar diagram
b) Divided bar diagram
c) Percentage divided bar diagram
d) Histogram
8 A graph of cumulative frequency distribution is called 1 C
a) Frequency polygon c) frequency curve
b) Ogive d) Histogram
9 A collection of the items under consideration is called 1 C
a) Sample c) Sampling
b) Population d) variable
10 Histogram is _________ dimensional representation 1 C
a) Two c) Three
b) One d) None of these
11 Any quantity or quality liable to show variation from one 2 A
individual to the next in the same population is known as
_________ .
12 ___________ variable to one where the individual are 2 A
distinguished by measurement.
13 The selection of a part of a population to represent the whole 2 B
population is known as ________.
14 Measures when they describe the characteristics of a 2 B
population, are called _________.
15 Population in which it is theoretically impossible to observe all 2 C
the values , is an _________ one.
16 A continuous variable can take any numerical value within a 2 C
___________ range.
17 Frequency distribution can be portrayed graphically by means 2 A
of a ________ polygon.
18 There are two methods of constructing Ogive, are _________ 2 B
and _________.
19 Methods used for diagrammatic representation of data are 2 B
_________ and _________.
20 A graph is __________ of representation of statistical data. 2 C
21 What are the four stages of Statistics according to Croxton and 2 A
Cowden?
22 Write Bowley’s definition of Statistics. 2 A
23 Write four limitations of Statistics. 2 B
24 What is primary data? 2 B
25 What do you understand by ungrouped data? 2 C
26 Define continuous frequency distribution. 2 C
27 Write scope of Statistics in Business briefly. 4 A
28 Define Bar diagram with examples and also define subdivided 4 A
and percentage bar diagram with examples.
29 Define the line and Bar diagram briefly. 4 B
30 Describe scope of Statistics in different fields of life. 4 B
31 Explain the followings 4 C
a) Pie diagram c) Frequency polygon
b) Histogram
With examples.
32 What do you understand by “Less than Ogive” and “Greater 4 C
than Ogive”? Explain with example.
33 Explain Ogives and Lorenz curve with examples. 8 A
34 Average production of rice, maize, bajra and wheat for the 8 A
years in Andhra Pradesh as given below
Year Rice Maize Bajra Wheat Total
1984 1383 521 573 573 2930
– 85
1985 2021 1383 521 513 4438
– 86
1986 1914 1413 651 600 4578
– 87
1987 2264 1636 524 356 4780
– 88
Construct simple, subdivided and percentage bar diagram.
35 Distribution of employees among the companies as given 8 B
below
Companie Male Female
s
A 427 317
B 559 412
C 521 367
D 122 85

Construct a Pie diagram and Multiple bar diagram.


36 Frequency distribution of number of grains per spike as given 8 B
below in table
Class
20 - 22

23 - 25

32 - 34

35 - 37
17 - 19

26 - 28

29 - 31

38 - 40

41 - 43
interval

Frequenc 8 15 18 21 26 19 12 7 4
y
Construct Histogram, frequency polygon and frequency curve.
37 Draw “ less than “ and “ more than “ Ogives for the following 8 B
data
C.I 0 -10 10 - 20 - 30 - 40 - 50 –
20 30 40 50 60
Frequenc 3 9 15 30 18 5
y
38 Draw a histogram, frequency polygon and frequency curve 8 B
represent the following data
C.I

Frequenc 5 9 17 20 18 12 5
y
39 Draw a pie diagram of the following data relating to the areas 8 C
under production of different products in West Bengal in the
year 1987 – 88.
Products A B C D E
Productions 3123 1573 324 296 11
40 Explain diagrammatic and graphical representation with 8 C
examples.
Unit Q. Question Max. Difficulty
2 No. marks Index
1 Sum of absolute deviations about median is 1 A
(a) Least
(b) Greatest
(c) Zero
(d) None of these

2 The sum of squares of deviations is least when measured from 1 A


(a) Median
(b) Mean
(c) Mode
(d) None of these

3 In any discrete series (when all the values are not same) the 1 A
relationship between M.D. about mean and S.D. is
(a) M.D. = S. D.
(b) M.D. ≥S. D.
(c) M.D. < S. D.
(d) M.D. ≤S. D.
UNIT-2

4 Which of the following is the most unstable average? 1 B


(a) Mode
(b) Median
(c) Geometric mean
(d) Harmonic mean

5 The best measure of central tendency is: 1 B


(a) Arithmetic mean
(b) Geometric mean
(c) Harmonic mean
(d) None

6 When calculating the average growth of economy, the correct 1 B


mean to use is?
(a) Weighted mean
(b) Geometric mean
(c) Arithmetic mean
(d) None

7 The point of intersection of the ‘less than’ and ‘more than’ 1 B


ogive corresponds to:
(a) Mean
(b) Median
(c) Geometric mean
(d) None

8 The quartile deviation includes the: 1 C


(a) First 50%
(b) Last 50%
(c) Central 50%
(d) None

9 Which of the following is a relative measure of dispersion? 1 C


(a) Variance
(b) Coefficient of variance
(c) Standard deviation
(d) None

10 The square of the variance of a distribution is the: 1 C


(a) Median
(b) Mean
(c) Mode
(d) None

11 Harmonic mean is a reciprocal of ………………………….. 2 A

12 The geometric mean of 2, 4, 16 and 32 is 2 A


…………………………………..
13 Arithmetic mean is always the …………………… measure of 2 B
central tendency.

14 Median is same as ……………………….. quartile. 2 B


15 The geometric mean of a set of values lies between arithmetic 2 C
mean and ……………………………………
16 Variance is …………………….. of standard deviation. 2 C
17 Quartile deviation is …………………………. measure of dispersion. 2 A
18 Mean deviation can never be ……………………………. 2 B
19 Standard deviation are calculated only from 2 B
……………………………..
20 . ……………………………………. deviation are calculated from mean, 2 C
median or mode.

21 Find out the A.M. of the numbers 1, 2, 3, …, n 2 A


22 Define Arithmetic mean and Geometric mean. 2 A
23 Define Median and Mode. 2 B

24 Calculate the arithmetic mean of the following observation: 2 B


30, 33, 34, 35, 37, 39, 41, 45, 48
25 The arithmetic mean of the following data is 30.5 marks. Find 2 C
the missing figure:
Marks(x) 10 20 ? 40 50
Frequency(f) 8 10 20 15 7
26 Find the median for the following frequency distribution 2 C
X 3 5 6 9 10 15
F 5 9 18 13 8 7
27 Find median for the following frequency distribution: 4 A
Class(marks) 0-10 10-20 20-30 30-40 40-50
No. of 5 8 20 10 7
candidates

28 Define relationship between A.M., G. M. and H.M. 4 A


29 Find mode: 4 B
Class 52-55 55-58 58-61 61-64
Frequency 15 20 25 10

30 Define Geometric Mean. Calculate geometric mean of the 4 B


following:
50, 72, 54, 82, 93

31 Define Harmonic Mean. The monthly incomes of 10 families in 4 C


Rs in a certain village are given below:
85, 70, 10, 75, 500, 8, 42, 250, 40, 36
Calculate Harmonic mean.
32 Define Dispersion and find the range of weights of 7 students 4 C
from the following:
27, 30, 35, 36, 38, 40, 43

33 Calculate the quartile deviation and quartile coefficient from 8 A


the following:
Age in 20 30 40 50 60 70 80
years
No. of 3 61 132 153 140 51 3
members

34 Find the standard deviation and variance from the following 8 A


frequency distribution:
X 2 4 6 8 10 12 14 16
F 2 4 5 15 8 5 4 6

35 Explain step deviation method. Find the standard deviation 8 B


from the following frequency distribution using step deviation
method:
Class 20- 30- 40- 50- 60- 70- 80-
interval 30 40 50 60 70 80 90
Frequency 3 6 13 15 14 5 4

36 Calculate mean deviation from mean for the following data: 8 B


Class interval 2-4 4-6 6-8 8-10
Frequency 3 4 2 1

37 Find missing frequencies f 1 and f 2 in the following 8 B


distribution. It is given that median of the distribution is 26
and the total number of candidates is 50:
Marks 0-10 10-20 20-30 30-40 40-50
No. of 5 f1 20 f2 7
candidates

38 Calculate Harmonic mean of the following data: 8 B


Marks 30- 40- 50- 60- 70- 80- 90-
40 50 60 70 80 90 100
Frequency 15 13 8 6 15 7 6

39 Calculate mean deviation from mean and median for 8 C


100, 150, 200, 250, 360, 490, 500, 600, 671
Also calculate coefficient of mean deviation.

40 Calculate mode from the following series: 8 C


Size of 0- 5- 10- 15- 20- 25- 30- 35- 40-
items 5 10 15 20 25 30 35 40 45
Frequency 20 24 32 28 20 16 34 10 8
Unit Q. Question Max. Difficulty
3 No. marks Index
1 The coefficient of correlation: 1 A
(a) Has no limits
(b) Can be less than 1
(c) can be more than 1
(d) varies between ± 1

2 Which of the following is the highest range of r? 1 A


(a) 0 and 1
(b) -1 and 0
(c) -1 and +1
(d) None

3 The coefficient of correlation: 1 A


(a) Cannot be positive
(b) cannot be negative
(c) can be either positive or negative
(d) none
UNIT-3

4 The regression coefficient of Y on X is denoted by the symbol 1 B


(a) xy (b) b xy (c) b yx (d) none

5 When the two regression lines coincide, then r is: 1 B


(a) 0 (b) - 1 (c) 1 (d) 0.5

6 If r = 0, the lines of regression are 1 B

(a) coincide
(b) perpendicular to each other
(c) parallel to each other
(d) none of the above

7 Regression coefficient is independent of 1 B

(a) origin
(b) scale
(c)both origin and scale
(d) neither origin nor scale.

8 The geometric mean of the two-regression coefficientsb yx and 1 C


b xy is equal to

(a) r ( b) r 2 ( c) 1 ( d) √ r

9 If r = 0 the cov (x,y) is 1 C

(a) 0 (b) -1 (c) 1 (d) 0.2

10 Rank Correlation was found by 1 C

(a) Pearson
(b) Spearman
(c) Galton
(d) Fisher

11 The coefficient of correlation is never …………………….. 2 A


12 The rank correlation coefficient was developed by 2 A
………………………….
13 If r = 0, r 2 will be ……………………….. 2 B

14 The coefficient of correlation is independent of change of 2 B


………………….. and …………………………….
15 The coefficient of correlation is square root of two 2 C
……………………………………….
16 When one regression coefficient is positive, the other would 2 C
also be ……………………………………

17 The square root of two ……………………………… coefficients give us 2 A


the value of correlation coefficient.
18 The term regression was first used by 2 B
……………………………………………….
19 Regression analysis reveals average relationship between 2 B
………………………………………..
20 There is no ………………………………….. between correlation 2 C
coefficient and regression coefficient.
21 Calculate the covariance of the following pairs of observations 2 A
of two variates

(1,4), (2,2), (3,4), (4,8), (5,9), (6,12)

22 Define correlation and calculate the correlation coefficient 2 A


between the following data
X 5 9 13 17 21
Y 12 20 25 33 35
23 2 B
Explain Scatter diagram.
24 Define Spearman’s Rank Correlation. 2 B

25 What is meant by correlation? What are the properties of 2 C


coefficient of correlation?
26 Define Karl Pearson’s coefficient of correlation? 2 C

27 Calculate the correlation coefficient for 4 A

X 2 4 6 8 10
Y 20 12 18 10 40

28 Calculate the rank correlation coefficient for 4 A

Rank 9 10 6 5 7 2 4 8 1 3
in
Maths
Rank 1 2 3 4 5 6 7 8 9 10
in
Physics
29 What is meant by Regression? And explain the lines of 4 B
regression.
30 Distinguish clearly between Correlation and Regression analysis. 4 B

31 Find the equation of two lines of regression for the following 4 C


data:
X 1 2 3 4 5
Y 7 6 5 4 3

Find an estimate of y for x = 3.5 from the appropriate line of


regression.

32 The equation of two lines of regression are 4x + 3y + 7 = 0 and 4 C


3x + 4y + 8 = 0. Find
(i) The mean values of x and y.
(ii) The regression coefficient b yx and b xy .
(iii) The correlation coefficient between x and y.
(iv) The standard deviation of y, if the variance of x is 4.
(v) The value of y for x = 5.

33 The two regression lines of the variables x and y are x = 19.13 – 8 A


0.87 y and y = 11.64 – 0.50x. Find
(i) Mean of x and mean of y.
(ii) Correlation coefficient between x and y.

34 The following table gives age(x) in years of cars and annual 8 A


maintenance cost(y) in hundred rupees

X 1 3 5 7 9
Y 15 18 21 23 22

Find the maintenance cost for a 4 years old car after finding
appropriate line of regression.

35 Obtain the rank correlation coefficient for the following data: 8 B

X 68 64 75 50 64 80 75 40 55 64
Y 62 58 68 45 81 60 68 48 50 70

36 Calculate the coefficient of correlation between the values x and 8 B


y from the following data using karl pearson’s coefficient of
correlation

X 78 89 97 69 59 79 61 61
Y 125 137 156 112 107 136 123 108

37 The marks obtained by 9 students in English and Physics are 8 B


given below:

Marks 35 23 47 17 10 43 9 6 28
in
English
Marks 30 33 45 23 8 49 12 4 31
in
Physics

Find the rank correlation coefficient.

38 Two judges in a music competition were asked to rank seven 8 B


different types of teams. The ranks given by them are given
below. Calculate Spearman’s rank correlation coefficient:

Team A B C D E F G
Judge I 2 1 4 3 5 7 6
Judge II 1 3 2 4 5 6 7
39 Find Karl Pearson’s coefficient of correlation from the following 8 C
data:

Wages 100 101 10 102 10 99 97 98 96 95


2 0
Cost 98 99 99 97 95 92 95 94 90 91
of
living

40 From the following regression equations find the mean values of 8 C


x and y series. Given that the variance of x = 9.
8x – 9y = -66
40x – 18y = 214
Find
(i) Averages values of x and y.
(ii) Correlation coefficient between the two variables.
(iii) Standard deviation of y.
Uni Q. Question Max Difficul
t4 N . ty
o. mar Index
ks
1 Index number is a 1 A
(a) measure of relative changes
(b) a special type of an average
(c) a percentage relative
(d) all the above

2 Most preferred type of average for index number is 1 A


(a) arithmetic mean
(b) geometric mean
(c) hormonic mean
(d) none of the above

3 Laspeyre’ s index formula uses the weights of the 1 A


(a) base year
(b) current year
(c) average of the weights of a number of years
(d) none of the above

4 The geometric mean of Laspeyere’s and Passche’s price indices is 1 B


also known as
(a) Fisher’s price index
(b) Kelly’s price index
(c) Marshal-Edgeworth index number
(d) Bowley’ s price index

5 The condition for the time reversal test to hold good with usual 1 B
notations is
(a) P01 × P10 = 1
(b) P10 × P01 = 0
(c) P01 / P10 = 1
(d) P01 + P10 = 1

6 An orderly set of data arranged in accordance with their time of 1 B


occurrence is called:
U (a) Arithmetic series
N (b) Harmonic series
(c) Geometric series
I (d) Time series
T 7 A time series consists of: 1 B
- (a) Short-term variations
(b) Long-term variations
4 (c) Irregular variations
(d) All of the above

8 The graph of time series is called: 1 C


(a) Histogram
(b) Straight line
(c) Historigram
(d) Ogive

9 Secular trend can be measured by: 1 C


(a) Two methods
(b) Three methods
(c) Four methods
(d) Five methods

10 The secular trend is measured by the method of semi-averages 1 C


when:
(a) Time series based on yearly values
(b) Trend is linear
(c) Time series consists of even number of values
(d) None of them

11 Index numbers help in framing of ____________. 2 A


12 Fisher’s ideal index number is the _________of Laspeyer’s and 2 A
Paasche’s index numbers.
13 Index numbers are expressed in __________. 2 B
14 __________ is known as Ideal index number. 2 B
15 In family budget method, the cost of living index number is 2 C
_________.
16 The method of moving average is used to find the___________. 2 C
17 A complete cycle consists of a period of_____________. 2 A

18 A complete cycle passes through_________________. 2 B


19 _______________model is the most frequently used mathematical 2 B
model of time series
20 A time series consists of______________ mathematical models. 2 C

21 What is the formula for Fisher’s Ideal Index number? 2 A


22 What is Laspeyre’s price index number? 2 A
23 Why we use of Factor Reversal Test? 2 B
24 If ∑ p0 q 0=344 , ∑ p1 q1=425, ∑ p0 q1 =400 and ∑ p1 q0 =389 then 2 B
find Laspeyre’s and Paaschee’s price index number.
P L
25 If P01 =148 and P01=150 then find Fisher’s Ideal Index number. 2 C

26 Define Time Series 2 C


27 Define Secular trend with example 4 A
28 Give the name of any four methods of measuring trends. 4 A

29 Define irregular fluctuations with suitable example. 4 B


30 Discuss the limitations of free hand curve method. 4 B

31 What is meant by consumer price index number? What are its uses? 4 C
32 Prove that the Fisher’s Ideal Index satisfies both time and factor 4 C
reversal test.

33 Calculate price index number by 8 A


(i) Laspeyre’s method
ii) Paasche’s method
(iii) Fisher’s ideal index method.

2011 2016
Commodit Price Quantit Price Quantity
y y
A 20 15 30 10
B 15 10 20 5
C 30 20 25 12
D 20 15 10 10
34 Calculate Fisher ideal index for the following data. Also test 8 A
whether it satisfies time reversal test and factor reversal test.

Commodit Price 2011 Quantity 2016


y
A 20 30 15 10
B 15 20 10 5
C 30 25 20 12
D 20 10 15 10
35 . Explain the following terms 8 B
(i) Laspeyre’s method
(ii) Paasche’s method
(iii)Fisher’s ideal index method.
(iv)Bowley’s Method
(v) Kelly’s Method

36 What do you understand by Quantity Index Number? Explain 8 B


Laspeyre’s, Paaschee’s and Fisher’s ideal quantity index number.
37 What are the various methods of measuring trends, discuss in 8 B
detail?
38 Calculate 5‐yearly moving average trend for the time series given 8 B
below.

Year : 199 199 199 199 199 199 199 199 199 199 200
Quan 023 242 1 2 2 252
3 4 2 5 2 6 2 7 2 8 2 9
288 0
284
tity : : 200
Year 9 200 2003 200 5 200
200 5 200
7 7 200
200 6 201
Quantity 1 : 300
2 303
3 298
4 313
5 317
6 309
7 329
8 333
9 327
0
282

39 Illustration : Fit a trend line by the method of four‐yearly moving 8 C


average to the following time series data.

Year : 19951996 1997 1998 1999200020012002


Sugar production (lakh 5 6 7 7 6 8 9 10
Year
tons):: 2003 2004 2005 2006
Sugar production (lakh 9 10 11 11
tons) :
40 Illustration : Fit a straight line trend on the following data : 8 C
Year: 1996 1997 1998 1999 2000 2001 2002 2003 2004
Value: 4 7 7 8 9 11 13 14 17
Unit Q. No. Question Max. Difficulty
5 marks Index
1 Probability of an event A, denoted by P(A), satisfies 1 A
a. 0 ≤ P ( A ) ≤ 1
b. −1 ≤ P ( A ) ≤1
c. 0 ≤ P ( A ) ≤ 2
d. None of these

2 If the probability of success(p) is ½, then the 1 A


probability of failure(q) is
a. 1/2
b. -1/2
c. 1
d. 0

3 The sum of probabilities of happening and non- 1 A


happening of event is equal to
a. ½
b. 0
UNIT-5

c. 1
d. -1

4 If A and B are any two events, then 1 B


a. P ( A ) + P ( B ) + P ( A ∩B )
b. P ( A ) + P ( B ) −P ( A ∩ B )
c. P ( A )−P ( B )+ P ( A ∩ B )
d. None of these

5 In a binomial distribution, the mean is 1 B


a. npq
b. np/q
c. np
d. none of these

6 The variance of binomial distribution is 1 B


a. n
b. np
c. npq
d. none of these
7 The mean of poisson distribution is 1 B
a. m
b. −m
c. 0
d. None of these

8 The mean of normal distribution is 1 C


a. 1
b. np
c. 0
d. None of these

9 In a Poisson probability distribution 1 C


a. The mean and variance of the distribution are
same (equal)
b. The probability of success is always greater
than 5
c. The number of trials is always less than 5
d. None of these

10 Two events A and B are said to be mutually exclusive 1 C


if
a. P ( A ∩ B )=0
b. P ( A ∩ B )=1
1
c. P ( A ∩ B )=
2
d. None of these

11 If A and B are two independent events, then 2 A


P ( A ∩ B ) is equal to……………………….

12 If A and B are two mutually exclusive events of a 2 A


random experiment, then P ( A ∪ B ) is equal to
……………………………..

13 The sum of probabilities of happening and non- 2 B


happening of an event is equal to
……………………………..

14 The probability of simultaneous occurrence of two or 2 B


more event is called ………………………….. probability of
events.

15 The mean of normal distribution is ……………………. 2 C

16 The variance of binomial distribution is …………………… 2 C


17 The variance of poisson distribution is equal to 2 A
………………………..

18 If n=5 and p=2 then mean of binomial distribution is 2 B


………………….

19 Poisson distribution is a ……………………….. form of the 2 B


binomial distribution.

20 ……………………≤ P ( A ) ≤ …………………. 2 C

21 Define Sample space. 2 A

22 Define Equally likely outcomes. 2 A

23 A bag contain 3 black and 4 white balls. What is the 2 B


probability of drawing a white ball?

24 Define Binomial distribution. 2 B

25 Define poisson distribution. 2 C

26 Define Normal distribution. 2 C

27 What is the chance that a leap year, selected at 4 A


random will have 53 Sundays.

28 State Bayes Theorem. 4 A

29 The mean and variance of a binomial variate X with 4 B


parameters n and p are 16 and 8 respectively. Find
P(X=0).

30 If the mean and variance of a binomial variable are 4 B


12 and 4, respectively, find the distribution.

31 The sum of probabilities of an event A and its 4 C


complementary event A' is equal to unity, i.e.,
P(A)+P( A' )=1
32 Define independent and dependent events. 4 C
33 Ten coins are thrown simultaneously. Find the 8 A
probability of getting at least seven heads.

34 The mean and variance of a binomial variate X with 8 A


parameters n and p are 16 and 8 respectively. Find
P(X=1) and P(X≥2).
35 If x is a poisson variate such that P(x=1)=P(x=2), then 8 B
Evaluate P(x=4).
36 If X is a Poisson variate such that 8 B
P(X=2)=9P(X=4)+90P(X=6), find the variance.

37 If X is a poisson random variable such that 8 B


P(X=1)=P(X=2), find the mean and variances of X.

38 A binomial distribution with parameter n=5 satisfies 8 B


the property
8P(X=4)=P(X=2). Find p

39 From a pack of 52 cards two are are in drawn at 8 C


random. Find the probability that one is king and the
other is queen.

40 A bag contains 6 white, 7 red and 5 black balls. Find 8 C


the chance that 3 balls drawn at random are all
white.

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