Universitat Pompeu Fabra

Permutation Number: 1
Use only black pencil, ballpen or marker and fill the cells completely. On the upper part of the
answer sheet write your First Name and Last Name, as well as the group.
Fill (marking the cells in the answer sheet) your DNI, PERMUTATION and GROUP.
DNI: the number of your ID card (if you do not have DNI, the number that you were assigned when
you registered at UPF).
PERMUT.: Enter 1
GRUP: Write your group number (01)
Enter the answers in the lines below the personal information, from 1 to 6. There are two lines
available for each answer, the first one is for the correct answer and the second one to cancel an
incorrect answer:

Model Exam (December 2005)

Exercise 1: One numerical variable (10 punts)
Answer the questions on the basis of the data and graphs of this section. The number of
unemployed people by autonomous community (in thousands) during the month of November of
2005 was the following:

Question 1: The coefficient of variation shows us:

(A)
(B)
(C)
(D)
(E)

How many units of mean there are per unit of standard deviation
How many units of standard deviation there are per unit of mean
How many units of median there are per unit of standard deviation
How many units of median there are per unit of mean
None of the above answers is correct

Question 2: The interquartilic range is equal to

(A)
(B)
(C)
(D)
(E)

130.5
110.5
100.5
120.5
None of the above answers is correct

Question 3: The interquartilic range is a measure of

(A)
(B)
(C)
(D)
(E)

spread
form
position
center
None of the above answers is correct

Question 4: The distribution shows

(A)
(B)
(C)
(D)
(E)

one outlier
no outlier
two outliers
three outliers
None of the above answers is correct

Question 5: To describe the center of this distribution, the most appropriate measure is:

(A)
(B)
(C)
(D)
(E)

The difference between the quartiles

La mode
La median
La mean
None of the above answers is correct

Question 6: The distribution is

(A)
(B)
(C)
(D)
(E)

neither symmetrical nor skewed

skewed to the right
symmetrical
skewed to the left
None of the above answers is correct

Draw a stemplot rounding so that the unit of the leaf is 10,000 unemployed people (tens of
thousands) and without splitting. On the basis of this stemplot answer the following the quations:
Question 7: The number of stems that you get is equal to:
(A)
(B)
(C)
(D)
(E)

7
4
6
5
None of the above answers is correct

Question 8: The stems represent intervals going

(A)
(B)
(C)
(D)
(E)

from 1,000 to 1,000 people

from 1,000,000 to 1,000,000 people
from 100,000 to 100,000 people
from 10,000 to 10,000 people
None of the above answers is correct

Question 9: The stemplot is adequate to represent the distribution of

(A)
(B)
(C)
(D)
(E)

a categorical variable
a variable with reduced spread
two categorical variables
a numerical variable
None of the above answers is correct

Question 10: The stems that groups the provinces with less unemployment is
(A)
(B)
(C)
(D)
(E)

1
0
4
2
None of the above answers is correct

Exercise 2: Inequality among three friends (6 punts)

Joan has 1,000 euros, Merc`e has 50 and Pere has 10. On the basis of this information answer
the following questions:
Question 11: The Lorenz-Gini index is equal to

(A)
(B)
(C)
(D)
(E)

0.9040
0.8540
0.8040
0.9340
None of the above answers is correct

Question 12: The difference index (rounded to four decimals) is equal to:
(A)
(B)
(C)
(D)
(E)

0.8040
0.9040
0.8540
0.9340
None of the above answers is correct

Question 13: If we convert the quality of Joan, Merc`e and Maria to dollars, the Lorenz-Gini index
(A)
(B)
(C)
(D)
(E)

changes in relation with the exchange rate between the dollar and the euro
does not change
decreases
increases
None of the above answers is correct

Question 14: If Joan transfers 100 euros to Merc`e and to Pere, the difference index
(A)
(B)
(C)
(D)
(E)

will not change

will decrease its value
will become negative
will increase its value
None of the above answers is correct

Question 15: If Joan, Marc`e and Pere had the same amount of money, the Lorenz-Gini index
would be equal to
(A)
(B)
(C)
(D)
(E)

0
0,5
it depends on how much they have
1
Cap de les respostes anteriors es correcta

Question 16: If Joan had 1060 and Merc`e and Pere had nothing, the difference index will be equal
to
(A)
(B)
(C)
(D)
(E)

0,5
0,25
1
0
Cap de les respostes anteriors es correcta

Exercise 3: Concentration indices (6 punts)

In the sweets industrial sector there is the firm El Meu Dolc S.A. with annual sales of 18
millions of euros, the firm Empalagos S.A. with 10 millions sales and the firm C`aries segura
S.A. selling 3 millions during 2000. Answer the following questions:

Question 17: During the year 2000, the Herfindahl index for this sector (rounding to two decimals)
is equal to:
(A)
(B)
(C)
(D)
(E)

0.65
0.45
0.35
0.55
None of the above answers is correct

Question 18: The degree of concentration of this sector is

(A)
(B)
(C)
(D)
(E)

quite high
the minimum that it can be
the maximum that it can be
very low
None of the above answers is correct

In 2001 the firm La Dolce Vita enters into the industry without affecting the sales of the other
firms, and it manages to sell 2 millions of euros.
Question 19: During 2001, the new Herfindahl index (rounded to two decimal points) is:
(A)
(B)
(C)
(D)
(E)

0.30
0.50
0.60
0.40
None of the above answers is correct

Question 20: Compared to 2000, with three firms, the concentration of 2001:
(A)
(B)
(C)
(D)
(E)

is larger
is smaller
is the same
is two times higher
None of the above answers is correct

During 2002, the C`aries Segura S.A. is subdivided in two equal firms, each one with total
sales equal to 1.5 millions of euros.
Question 21: During year 2002 the Herfindahl index will be:
(A)
(B)
(C)
(D)
(E)

smaller than in 2001

equal to 2001
larger than in 2001
two times larger than in 2001
None of the above answers is correct

Question 22: During 2002 the C2 index will be:

(A)
(B)
(C)
(D)
(E)

two times larger than in 2001

smaller than in 2001
the same as in 2001
larger than in 2001
None of the above answers is correct

Exercise 4: Index numbers(6 punts)

We want to construct a price index of textbooks for the Freshman year in Economics and
Business studies in UPF. During curs 2005-2006 the students only buy one unit of each textbook:
Economic principles by Mankiew (52 euros) and Basic Applied Statistics by Moore (38 euros).
It is expected that for the 2006-2007 course prices will increase 2% for Mankiew and 3% for Moore.
On the basis of this information answer the following questions:
Question 23: The weights for the expenditure in textbooks for the 2006-2007 course in percentages
and rounded to two decimal points are:
(A)
(B)
(C)
(D)
(E)

Mankiew: 77.54%, Moore: 22.46%

Mankiew: 57.54%, Moore: 42.46%
Mankiew: 47.54%, Moore: 52.46%
Mankiew: 67.54%, Moore: 32.46%
None of the above answers is correct

Question 24: The weights in the expenditure in textbooks for the 2005-2006 course, in percentages
and rounded to two decimal points are:
(A)
(B)
(C)
(D)
(E)

Mankiew: 47.78%, Moore: 52.22%

Mankiew: 77.78%, Moore: 22.22%
Mankiew: 67.78%, Moore: 32.22%
Mankiew: 57.78%, Moore: 42.22%
None of the above answers is correct

Question 25: The Laspeyres index rounded to four decimal points is:
(A)
(B)
(C)
(D)
(E)

100.0000 for 2005-2006 and 102.2292

100.0000 for 2005-2006 and 102.6702
100.0000 for 2005-2006 and 102.3220
100.0000 for 2005-2006 and 102.4222
None of the above answers is correct

foor 2006-2007
for 2006-2007
for 2006-2007
for 2006-2007

Question 26: If we express the Laspeyres index that we have obtained using now the base year
2006-2007, the values for the index (rounded to four decimal points) are now:
(A)
(B)
(C)
(D)
(E)

102.4222 for 2005-2006 and 100,0000 for 2006-2007

97.6351 for 2005-2006 and 100 for 2006-2007
100.0000 for 2005-2006 and 102,4222 for 2006-2007
100.0000 for 2005-2006 and 97,6531 for 2006-2007
None of the above answers is correct

Question 27: If the weights on total expenditures do not change from one period to the next
(A)
(B)
(C)
(D)
(E)

will give the same result for he Laspeyres and Passche index
will show that prices have no changed
the Passche index will be larger than the Laspeyres index
the Lasypeyres index will be larger than the Paasche index
None of the above answers is correct

Question 28: The interannual growth rate of the prices of the textbooks for first year textbooks
(using the Laspeyres index) is (rounding to four decimal points):

(A)
(B)
(C)
(D)
(E)

102.4222%
2.4222%
3.0000%
103.0000%
None of the above answers is correct

Exercise 5: Normal Distribution (3 punts)

The agroindustrial complex Drink Team produces grapes for wine production, and it employs
1,000 workers. The management of the firm figures out that during the grape-picking season each
worker picks an average of 50 kgs. of grapes with a standard deviation of 3 kgs and an approximately
normal standard distribution.
Question 29: What percentage of workers produce less than a worker who collects a standardized
amount of 0.45?
Question 30: The firm wants to give a prize to all workers producing more than 57 kgs., and has
a budget of 1,000 euros for this. How much will each of the worker getting a prize receive?
Question 31: The less productive workers will be moved to truck loading tasks. If all workers
picking less than 43 kgs. a day are moved to these tasks, how many workers will be moved to truck
loading tasks?

Exercise 6: Unemployment and marriage (3 punts)

The distribution of sex and marriage is one of the most relevant indicators unemployment.
During 1992 the number of unemployed people, according the the Active Population Survey (EPA,
Encuesta de Poblacio Activa) was 3,047 thousands of people, from which 1,494 were women. On
the other hand, within married women the percentage of unemployed women was 27%, and between
married men the percentage of unemployed men was 41%. On the basis of information:
Question 32: Construct the table with absolute and relative frequencies of the joint distribution
of sex and marriage.
Question 33: Do you think that marriage and sex is related for unemployed people?

Exercise 7: Obtaining the regression line (3 punts)

Let us consider two numerical variables, X and Y . We have the following data for these variables:
Mean of X = 2,
Standard deviation of X = 2,

Mean of Y = 2
Standard deviation of Y = 0.5

Covariance between X and Y = 1

Question 34: Compute the regression line where X is the explanatory variable and Y is the
dependent variable.
Question 35: What is the percentage of the variation of Y that we can explain with the variation
of X?
Question 36: Compute the sum of the squares of the residuals.
Question 37: Predict variable Y for a value of the variable X equal to 100.

Exercise 8: Rainfall in a country (3 punts)

The following data correspond to variable V : volume of average rainfall collected in a county
during year 1997 and 2001 (in liters per square meter):

1997
Quarter I
3,7
Quarter II 5,6
Quarter III 3,9
Quarter IV 2,3

1998
3,6
5,4
3,9
2,0

1999
4,2
5,7
3,9
1,8

2000
4,0
6,7
3,6
1,3

2001
4,2
-

Question 38: Comment on the properties for the main components of the series according to the
following time series graph:

Question 39: The farmers have obtained worse returns from their crops during the last years and
they attribute this to a progressive fall in the volume of rain during the last three quarters. If V is
the variable that describes the rain, and t = 1, ..., 17, we are given the following information:
1. The covariance between V and t is equal to SV t = 0, 63
2. The standard deviations of V and t are SV = 1.46 and St = 5 respectively.
3. The means of V and t are V = 3.88 and t = 9. respectively.
Do you think that the farmers are right? Justify numerically your answer.
Question 40: Compute the second quarter seasonal component assuming an additive series.
Question 41: Predict the volume of rainfall for the second quarter of 2002.