MGT207 Business Statistics

Business Statistics TU Board 2078 question paper

19 questionsSit this paper (timed)

Tribhuvan University

Bachelor of Business Studies

Year 1 · TU Board 2078

Course Title: Business Statistics (MGT207)

Time: 3 Hrs

Group A

Brief Answer Questions: (Attempt All Questions)(10 × 2 = 20)

  1. 1.

    Find the combined mean from the following data:GroupABCNumber200250300Mean251015

    2
  2. 2.

    Coefficient of variation of a distribution is found to be 20% and variance of distribution is 36. Find the mean value of the distribution.

    2
  3. 3.

    Find the Karl Pearson's Coefficient of Skewness, when mean = 45, mode = 48 and standard deviation = 15.

    2
  4. 4.

    If P(A) = 0.6, P(B) = 0.56 and P(A∪B) = 0.75 find P(A∩B). Where A and B are not disjoint events.

    2
  5. 5.

    The quartile deviation of a distribution is 2 and the difference between P9 and P10 is 8. Calculate the coefficient of Kurtosis.

    2
  6. 6.

    Calculate coefficient of correlation between X and Y if the regression coefficient of Y on X is -0.667 and regression coefficient of X on Y is -0.75.

    2
  7. 7.

    Find the simple aggregative price index number for the year 2021:CommoditiesABCDEPrice in 20201020181512Price in 20211522202218

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  8. 8.

    What are the components of a time series.

    2
  9. 9.

    Find the value of determinant:156237356

    2
  10. 10.

    7 8 6 3 Find 7(A - B) where A = 9 10 and B = 3 2 2 5 7 5

    2

Group B

Descriptive Answer Questions (Attempt any FIVE Questions)(5 × 10 = 50)

  1. 11.

    Calculate the Karl Pearson's Coefficient of Skewness and interpret the result.Class0-1010-2020-3030-4040-5050-6060-7070-80Freq.4514172518107

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  2. 12.

    Solve the following equations by using determinant or matrix method: 2x + 2y + z = 5 4x + 2y + 3z = 10 x + 3y + 4z = 7

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  3. 13.

    Following two groups of samples describes the age of the students in regular morning MBS program and evening MBS program of National College. If homogeneity of the class is a positive factor for learning which of the two programs will be easier to teach.24302823252226272825Evening MBS24302823252226272825Morning MBS28273433292728293326

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  4. 14.

    The following table gives the changes in the price and the consumption (quantity) of certain major constituents of the consumption basket of the labor class.CommodityUnit20202021PriceQtyPriceQtyWheatQuintals10001011006RiceQuintals150015170018ClothMeters50504030

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  5. 15.

    (a) The probability that a boy will get a scholarship is 0.9 and that a girl will get is 0.8. What is the probability that at least one of them will get the scholarship? (b) The following table is the conditional payoff table:StrategyN₀(10)N₁(11)N₂(12)N₃(13)N₄(14)S₁(10)400400400400400S₁(11)380440440440440S₁(12)360420480480480S₁(13)340400460520520S₁(14)320380440500560What will be your decision if: (i) Maximax criterion is used (ii) Maximin criterion is used (iii) Minimax regret criterion is used

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  6. 16.

    Solve the following Linear Programming problem graphically: Maximize Z = 30x + 50y Subject to constraints: x + y ≤ 30 x + 2y ≤ 40 and x ≥ 0, y ≥ 0

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Group C

Long Answer Questions (Attempt any TWO Questions)(2 × 15 = 30)

  1. 17.

    Test for the normality of these two distributions of wages (in Rs.) and interpret the result on the basis of the information given below:Daily wages in Rs.No. of Workers XNo. of Workers Y20 - 30152530 - 40304040 - 50446050 - 60603560 - 70302070 - 80141580 - 9075

    15
  2. 18.

    Before and after the implementation of an economic program to uplift the economic condition of a community following information were found.Monthly Income (in Rs. '00)Prior to the plan No. of familiesAfter the plan No. of families4 - 610656 - 870-8 - 10353710 - 12201512 - 14101514 - 163516 - 1825a. Find the highest income of the poorest 40% of the population before and after the plan. b. Find the lowest income of richest 40% of the population before and after the plan. c. Obtain the limits of income of middle 50% of families before and after the plan.

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  3. 19.

    The income and expenditure of 100 families is given below:Income (Rs)Expenditure (Rs)0 - 500500 - 10001000 - 15001500- 20000 - 1000---31000 - 2000-4942000 - 30003101983000 - 4000761254000 - 500097--Find (a) Two regression co-efficient. (b) Co-efficient of correlation between income and expenditure. (c) Estimate the expenditure when income is Rs 10,000.

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