Department of Business Administration

Final Exam (Take-Home) Spring - 2020
Subject: Probability & Statistics Submission Day: Thursday
Instructor: Syed Haider Abbas Naqvi Submission Date: 11 – June -2020
Program: B.B.A. Submission Time : 15 : 00
Max. Marks: 40
Department of Business Administration
Please follow the instructions carefully:
1. Write your answers in a Word file and upload the file before the due date on VLE.
2. Name your Word file in the following format: (StudentID_Student’s
Name_Coursename_Instructor’s name_ Spring2020)
3. Use 12 pt. font size and Times New Roman font style along with 1-inch page margins.
4. Follow the requirements of the word limit and the marking criteria while writing your
answers.
5. Provide relevant, original and conceptual answers, as this exam aims to test your ability to
examine, explain, modify or develop concepts discussed in class.
6. Do not copy answers from the internet or other sources. The plagiarism of your answers
will be checked through Turnitin software.
7. Recheck your answers before the submission on VLE to correct any content or language
related errors.
Question Number 01: [5 Marks]
The sale price of shares of a certain organization on each month during five years is mentioned
as follows:
243 240 217 283 268 212 251 263 275 208 230 288
259 225 252 236 190 247 280 234 250 236 277 218
245 268 231 269 224 259 258 231 255 228 202 245
246 271 249 255 265 235 243 219 255 245 238 257
254 284 197 200 276 294 210 300 225 193 243 269
(a) Construct frequency distribution.

(b) Sketch Histogram and Frequency Polygon.
Calculate the CGPA for the subjects from the grades as mentioned in Table 1:
Serial Number Courses: Credit Grade Achieved

Hours
1. Business Analytics 3 B
2. Organization Behavior 3 C+
3. Pakistan Studies 2 B+
4. Business Communication 2 B+
5. Cost Accounting 3 C+
6. Probability & Statistics 3 C
7. SPSS Lab. 1 A
Table 1.
The corresponding GPA for grades are:
A = 4.0 , B+ = 3.5 , B = 3.0 , C+ = 2.5 , C = 2.0 , F = 0.0

(a) A device is loaded in such a way that an ODD number is twice as likely occur as an EVEN
number. If E is an event of occurrence of number less than 4, find the probability of E?
(b) Three cards are drawn in succession without replacement from an ordinary deck. Find the
probability of the event A1 Π A2 Π A3, where A1 is the event that the first card is “Black Ace”, A2
is the event that the second card is King or Jack and A3 is the event of the third card which is
greater than 2 and less than 8?

Following Table 2 shows the frequency distribution for the number of minutes per week spent
watching TV by junior high school students. Calculate :
a. Arithmetic Mean. Viewing Time Number of
(Minutes) Students
b. Median.
300-399 07
c. All Quartiles.
400-499 16
d. 3rd and 8th Deciles. 500-599 28
e. 6th and 87th Percentiles. 600-699 36
700-799 31
800-899 22
900-999 18
1000-1099 12
1100-1199 10
Table 2.

Goals scored by two Football teams, France and Argentina, in last 5 years international matches
are mentioned in the following Table 3:
Number of Goals in match Number of Matches of Number of matches of

FRANCE ARGENTINA
0 26 20
1 18 17
2 10 12
3 08 09
4 06 08
5 05 06
Table 3
(a) Estimate the Coefficient of Variation of both teams.
(b) According to the results of (a), which team is more consistent?

In an experiment to study the relationship of hypertension and smoking habits, the following
data are collected and mentioned in following Table 4:
Non smoker Moderate Smokers Heavy Smokers
Hypertension (H) 21 36 30
No 48 26 19
hypertension(NH)
Table 4
If one of these individuals is selected at random, find the probability that the person is;
(a) experiencing hypertension, given that the person is a heavy smoker.
(b) a non-smoker, given that the person is experiencing no hypertension.
Following data, in Table 5, reveals the production and defective percentages of items produced
from the relevant machines in a factory:
MACHINE Production Percentage Defective Items Percentage
A 28 2.0
B 22 3.5
C 31 2.5
D 19 4.0
Table 5
(a) If an item is selected at random; find the probability that the item is defective?
(b) If the selected item at random is found to be defective, find the probability that the item was
produced by Machine B.

(a) How many different letter arrangements can be made from the letters in the word of
COMMUNICATION ?
(b) A young boy asked his mother to get 6 game cartridges from his selection of 11 arcade and 7
sport games. How many ways are there that his mother will get 4 arcade and 2 sports games?
(c) In a cricket team there are 12 players, among these 12 players there is one captain, 4
batsmen, 3 all-rounders, 3 regular bowlers and one extra player. How many different ways can
they be arranged?
According to the research conducted by the geologists of University of Texas, the temperatures
of soil in 0C at 750 meters deep inside the ground on different locations of earth are mentioned
below:
68.4 72.3 58.7 48.3 53.8 73.2 37.9 55.4 42.7 84.6 67.4 58.5 92.4 62.5 87.8
Calculate:
(i) Arithmetic Mean
(ii) Harmonic Mean
(iii) Geometric Mean
(iv) Root Mean Squares

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Final Exam (Take-Home) Spring - 2020

Subject: Probability & Statistics Submission Day: Thursday

Instructor: Syed Haider Abbas Naqvi Submission Date: 11 – June -2020

Program: B.B.A. Submission Time : 15 : 00

Department of Business Administration

Please follow the instructions carefully:

(a) Construct frequency distribution.

Question Number 02: [2 Marks]

Serial Number Courses: Credit Grade Achieved

Question Number 03: [04 Marks]

Question Number 04: [8 Marks]

Question Number 05: [4 Marks]

Number of Goals in match Number of Matches of Number of matches of

Question Number 06: [04 Marks]

Question Number 08: [06 Marks]

Question Number 09: [04 Marks]

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