Quantitative Techniques For Business-Ii
Quantitative Techniques For Business-Ii
Quantitative Techniques For Business-Ii
Name : .....................
Section I
Part A
Answer any ten questions.
Each question carries 2 marks.
5. Why the line of regression analysis are called' line of best fit
12. List the sample space in selecting two from 3 men and4 women
(10×2=20)
Part B
Answer any six questions.
Each question carries 5 marks.
15. Given the following data,what would be the possible yield of rice per acre when rainfall is
29cm?.Coefficient of correlation between rainfall and yield is 0.8.
Rainfall Yield
Mean 25 40
variance 9 36
From the following data, construct an Index Number of prices under Simple Aggregative
16.
Method and Average Relative Method for the year 2018 using 2017 as base year.
Commodities Price in 2017 Price in 2018
Rice 10 14
Wheat 7 12
Coconut Oil 52 66
Sugar 24 35
17. From the following data, compute Laspeyre’s, Paasche’s and Fisher’s Index Numbers,
taking 2012 as the base year.
2012 2018
Articles
Price Quantity Price Quantity
A 10 4 15 3
B 30 12 50 10
C 40 18 55 14
D 25 12 45 6
18. Explain how analysis of time series is useful to businessmen and industrialists.
19. Given the trend equation Y=35+5x+3x2 (Origin: 1999, x unit = 1 year). Change the origin of the
equation to 2005.
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20. A bag contains 7 red, 12 white and 4 green balls. Three balls are drawn. What is the
probability that a) 3 balls are all white ; and b)3 balls are one of each colour.
21. Four persons are chosen at random from a group containing 3 men, 2 women and 4
children. Find the probability that exactly 2 of them will be children.
(6×5=30)
Part C
Answer any two questions.
Each question carries 15 marks.
22. The following table shows the total number of foreign tourists visited at a tourist
destination, their age group and the number of persons interested in trucking.Compute
Pearsonian correlation co-efficient of the following variables.
Total number of
Age Total number of tourists
group tourists visited participated in
trucking
20-30 2000 500
30-40 5000 2000
40-50 6000 1500
50-60 4000 800
60-70 1000 100
23. You are given data relating to purchases and sales.Obtain the two regression equations
by the method of least squaresand estimate the likely sales when the purchases equal
100.
Purchases 62 72 98 76 81 56 76 92 88 49
Sales 112 124 131 117 132 96 120 136 97 85
24. Obtain the straight line trend equation and tabulate against each year after estimation of
the trend and short-term fluctuations
Year 2010 2011 2012 2013 2014 2015 2016 2017 2018
Value 38 40 65 72 69 62 67 95 104
25. An insurance company insured 2000 scooter drivers, 4000 car drivers and 6000 truck
drivers. The probability of accident is 0.01, 0.03 and 0.15 respectively. One of the insured
person meets with an accident. What is the probability that he is a scooter driver?
(2×15=30)
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