Practical Question 2023
Practical Question 2023
X 1 5 3 2 1 1 7 3
Y 6 1 0 0 1 2 1 5
(i) Predict “y” when x =10 (ii) Predict “x” when y = 2.5
The life time of Bulb for a random sample of 10 provides following figures:
2.
ITEMS 1 2 3 4 5 6 7 8 9 10
LIFE 5 5.5 4.5 3.5 2.4 4 3.5 4.3 2.4 4.5
Null hypothesis: Average Life of bulb is 5 years. Analyze the above problem through
1. Sample T test.
2. Paired T test.
3. The times required by three workers to perform an assembly-line task were recorded on five randomly
selected occasions. Here are the times, to the nearest minute.
Hank 8 10 9 11 10
Joseph 8 9 9 8 10
Susan 10 9 10 11 9 (Note: y 1 = 9.6, y 2 = 8.8 , y 3 = 9.8 , s1 2 = 1.3, s2 2 = 0.7, s3 2 = 0.7, and y = 9.4
.) Construct the one way ANOVA table for the data.
4. A meteorologist has measured the average amount of rain in four cities for six months. The researcher
wants to know whether an amount of rain differs among the four cities. The following table shows the
raw data and compute using Kruskal Wallis test.
5. Find the co efficient of correlation between price and sales from the following data
Price 103 98 85 92 90 84 88 90 93 95
(Rs)
Sales( 500 610 700 630 670 800 800 750 700 680
units)
A research was taken among 15 students; the data collected was “preparatory hours of the student”,
6.
“Exam percentage of the student”. The Researcher was to see the direction of correlation between
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the preparatory hours and Exam percentage through correlation analysis. He also wants to
calculate the how much Exam percentage will increases when the preparatory time is increased by
1 hour. Apply regression to calculate the Unit increase.
Preparato 4 5 3 4 2 1 5 4 3 2 5 3 2 4 3
ry hours of
the
student
Exam 76 90 8 7 6 5 90 8 8 7 9 9 7 8 78
percentag 8 8 5 6 9 7 5 4 5 6 7
e
Using SPSS.
Let's say you want to know if gender has anything to do with political party preference. You poll 440
7. voters in a simple random sample to find out which political party they prefer. The results of the survey
are shown in the table below:
The following data represent fitness scores from two groups of boys of the same age from Rural homes
8. and urban homes. Find out significant difference between the groups using Mann-Whitney test.
Rural 14. 7.3 5.6 6.3 9.0 4.2 10.6 12.5 14 9.9 10.1 10.6 11.2 12.1 10.9
boys 1 .1
Urba 12. 14. 12. 2.1 17.7 11.8 16.9 7.9 16 10.6 8.2 9.1 9.8 10.8 11.3
n 7 2 6
boys
Calculate the chi-square statistic. Say we roll a die 600 times and get the following results:
9.
outcome: 1 2 3 4 5 6
frequency 95 72 103 105 97 128
15 cars were test driven with and without the ethanol and the number of kilometers per liter were
recorded. The cars used for the tests were having either automatic or manual transmission
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2) Whether efficiency of engine with and without the ethanol differ between manual and automatic
cars. (Independent group T test) Frame hypothesis and determine the significant difference between
two set of scores.
Car 1 1 2 2 1 2 1 2 1 2
DESTINATION
SOURCE D1 D2 D3 D4 SUPPLY
O1 3 1 7 4 250
O2 2 6 5 9 350
O3 8 3 3 2 400
DEMAND 200 300 350 150 900
12
Determine the initial basic feasible solution to the following transportation problem using
The least cost method
Sources Destinations Supply
D1 D2 D3 D4
S1 1 2 1 4 30
S2 3 3 2 1 50
S3 4 2 5 9 20
Demand 20 40 30 10
13
EOQ MODEL
An organization estimates the demand of an item as follows:
Month JAN FEB MAR APR MAY JUNE JULY AUG SEP OCT NOV DEC TOT
AL
Maximize Z = 2 X1 + 3 X2
Subject to X1 + X2 > 6 7
X1 + X2 > 14
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X1, X2 > 0
Solve the following linear programming problem using Simplex Method.
Maximize Z = 6 X1 + 8 X2
Subject to 5 X1 + 10 X2 < 60
4 X1 + 4 X2 < 40
X1, X2 > 0
JOBS Machine
15.
M1 M2 M3 M4
S1 5 7 11 6
S2 8 5 9 6
S3 4 7 10 7
Find optimal assignment.
16. A seven star hotel near a university always fills up on the evening before football games. History
has shown that when the hotel is fully booked, the number of last-minute cancellations has a mean
of 5 and standard derivation of 3. The average table rate is Rs. 80. When the hotel is overbooked,
policy is to find a room in a nearby hotel any to pay for the restaurant for the customer. This
usually costs the hotel approximately Rs.200 since room booked on such late notice are expensive.
How man room should the hotel overbook?
17. You are expected to get 5 monthly payments of Rs.450, 850, 600, 465, 850 respectively. At the
discount rate of 10% per annum. Find the Net Present Value (NPV).
18. Forecast the sales using Exponential smoothing method. Take alpha value as 0.2
Month 1 2 3 4 5 6 7 8 9 10 11 12
Sales 1050 1120 980 110 1200 900 1040 990 1200 1190 1170
a) Fred Corp. is considering a project that has the following cash flow data. What is the project's
19.
IRR?
YEAR 0 1 2 3 4 5 6 7 8
CASH -1000 450 425 600 450 750 300 550 650
FLOWS
20. Suppose if you want to take a loan of Rs.4, 00,000 at an annual interest rate of 14%. The loan has
to be repaid in 15 years in equal monthly installments. Find out the EMI.
21.
The following table gives an analyst’s expected the return on two stocks for particular market return.
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12% 4% 16%
40% 60% 32%
The risk free rate is 14%.
What are the betas of the aggressive and defensive stocks?
What are the alphas of the aggressive and defensive stocks?
22.
In a random selection of 64 of the 2400 intersections in a small city, the mean number of scooter
accidents per year was 3.2 and the sample standard deviation was 0.8. (1) Make an estimate of the
standard deviation of the population from the sample standard deviation. (2) Work out the standard
error of mean for this finite population. (3) If the desired confidence level is .90, what will be the upper
and lower limits of the confidence interval for the mean number of accidents per intersection per year
23
The mean produce of wheat of a sample of 100 fields in 200 lbs. per acre with a standard deviation of
10 lbs. Another samples of 150 fields gives the mean of 220 lbs. with a standard deviation of 12 lbs. Can
the two samples be considered to have been taken from the same population whose standard deviation
is 11 lbs? Use 5 per cent level of significance.
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