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BASIC STATISTICS FOR NON

COMMERCE STUDENTS

by :
DR. T.K. JAIN
AFTERSCHO☺OL
centre for social entrepreneurship
sivakamu veterinary hospital road
bikaner 334001 rajasthan, india
afterschoool@in.com
mobile : 91+9414430763

5 DECEMBER 09 AFTERSCHOOOL centre for social 1


entrepreneurship
Find geometric mean of 3,6,12
In order to find geometric mean, first multiply
them together : 3*6*12 = 216
now find factors of 216:
2*2*2*3*3*3
thus we have 2 and 3 coming three times. We
have 3 numbers so we will take up that factor
which comes three times or triple root of 216 =
2*3 = 6 answer.
5 DECEMBER 09 AFTERSCHOOOL centre for social 2
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Find harmonic mean of 4,6,10

In order to find harmonic mean, first use 1/4,


1/6 and 1/10, now add them : we get :
(30+20+12)/120 = 62/120 now multiply it by
1/3 (as there are 3 numbers) : 62/360
now reverse it : 360/62 we get : 5.8 answer

5 DECEMBER 09 AFTERSCHOOOL centre for social 3


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Find 2 regression equations from
following data?
X  Y DX DY DXDY DX^2 DY^2
2 4 ­1 1 ­1 1 1
3 3 0 0 0 0 0
4 2 1 ­1 ­1 1 1
3 3 0 0 ­0.67 0.67 0.67

SUM OF Y = N*A + B * SUM OF X
SUM OF XY = A*SUM OF X + B * SUM OF X^2

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STEPS IN REGRESSION
Basic equation : Y = A + BX
XY = AX+BX^2
in these equation, we have to find values of A
and B.
First of find out covariance and variance
B = covariance / variance of x
on the basis of B, find value of A.

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Steps in regression
1. find DX and DY – DX is difference in each
value of X with reference to the average value
in X and DY is difference of each value in Y
from the average of Y.
2. Find DX^2, DY^2, DXDY.
3. the average of DX^2 is variance of X and
average of DY^2 is variance of Y. Average of
DXDY is covariance of X and Y.
4 divide covariance by variance of X we get B.
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solution....
Covariance in our example is : - .67
variance in our example : .67
thus B =-1
put the value of B in the first equation :
Y = A + BX
here Y (average of Y) = 3, and X = (average of
X) = 3
thus : 3= A+(-1)*3, we get A = 6, thus our
5 DECEMBER 09
regression equation is ready.
AFTERSCHOOOL centre for social 7
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Given the regression equations :
3X+Y=13 and 2X+5Y=20, which is the
regression equation of Y on X?
First equation : Y = 13- 3X
nd
2 equation : Y = 4-2/5X
square roots of products of B should be
between -1 and 1.
so try : (-3 * -2/5) = (-) 1.20, its square root is :
1.09, so this is not possible. However, only 2nd
equation can be taken up as its value is .4
which is between -1 and 1.
5 DECEMBER 09 AFTERSCHOOOL centre for social 8
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Given the following equation : 2x-
3y = 10, 3x+4y=15, which is
regression equation of X on Y?

X = 5+3/2Y here B is 1.5


X = 5-4/3Y here B is -1.33
B should be between -1 and +1, so both the
equations are not valid regression equations.

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Y on X is : Y =-2X+3 and that of
X on Y is 8X=-Y+3, what is
coefficient of correlation?

B in the first equation is : -2 and in second


equation is -1/8, now multiply them, we get :
1/4, which gives us ½ or .5 as answer. As both
the values are negative, the answer should be
-.05

5 DECEMBER 09 AFTERSCHOOOL centre for social 10


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If AM and HM for 2 numbers are
5 and 3.2 respectively, then the
GM will be ? Options: 4.1, 4.05, 4

Solution :
GM = gm of AM and HM, thus : sqrt (5*3.2) =
4
the two numbers must be 2 and 8. answer

5 DECEMBER 09 AFTERSCHOOOL centre for social 11


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What is the value of first quartile
for the observations 15,18,10,
20,23,28,12 and 16. options :
17,16,15.75,12
Put these in proper order :
10,12,15,16,18,20,23,28
as there are 8 numbers, so we will divide it by
4, we get (8+1)/4 = 2.25, thus answer is 12 +
(.25* (15-12) ) = 12.75 answer

5 DECEMBER 09 AFTERSCHOOOL centre for social 12


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If there are 2 groups containing 30
and 20 observations and having
50 and 60 as AM then the
combined AM ?

Total : ((30*50) + (20*60)/(30+20)


=2700/50
=54 answer

5 DECEMBER 09 AFTERSCHOOOL centre for social 13


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Average salary of a group of unskilled
workers is 10000, that of a group of
skilled workers is 15000, if the combined
salary is Rs. 12000, what is the % of
skilled workers? Options : 40,50,60

Let us try with 60 :


60% of 10000 = 6000
40% of 15000 = 6000
total =12000 answer
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entrepreneurship
What is the HM of 1, 1/2,
1/3,...1/n? Options : n, 2n, 2/
(n+1), n(n+1/2)

Take any value of N and find the answer- HM,


you find the same answer using the formula
: 2/(n+1), so this is the answer

5 DECEMBER 09 AFTERSCHOOOL centre for social 15


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If there are 2 groups with 75 and 65 as
HM and containing 15 and 13 observation
the combined HM is given by ? Options :
65, 70.36, 70, 71

1970/28 = 70.36 answer

5 DECEMBER 09 AFTERSCHOOOL centre for social 16


entrepreneurship
An aeroplane flies from A to B @500 km
per hour and comes back from B to A
@700 KM per hour, the average speed of
the aeroplane is ?

Find HM (harmonic mean of 700 and 500).


583.33 answer

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If AM and GM for 10
observations are both 15, then the
value of HM is ?

Also 15. answer

5 DECEMBER 09 AFTERSCHOOOL centre for social 18


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If Rx and Ry denote ranges of X and Y
respectively, where X and Y are related by
3x+2Y+10=0, what will be relation between
X and Y? Options : Rx=Ry, 2Rx=3Ry,
3Rx=2Ry, Rx=2Ry

3Rx=2Ry answer

5 DECEMBER 09 AFTERSCHOOOL centre for social 19


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What is the coefficient of range
for the following distribution:
10 to 19 11
20 to 29 25
30 to 39 16
40 to 49 7
50 to 59 3

5 DECEMBER 09 AFTERSCHOOOL centre for social 20


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solution...

Fomula of range = (highest – least) / (highest +


least) * 100
first convert the series to continuous series and
then solve it.
(59.5 – 9.5) / (59.5 + 9.5) * 100 = 72.46%
answer

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