Subjective questions

Short Answer Questions:

Instruction: Candidates are required to give their answer in their own words far as

practical. Each question consists of 2 equal marks.

1. What is the probability that (a) a leap year and (b) non leap year selected at random

will contain 53 Fridays?

2. On the basis of the given information, find the regression coefficient of Y on X.

∑ = 190, ∑ = 165, ∑ = 25, ∑ = 30, ∑ = 220.

3. The mean of 200 items was found to be 80, later it was found that 61 and 45 were

misread as 16 and 15. Find correct mean.

4. Discuss about the methods of probability sampling.

5. The year origin of the following straight line trend equation of profits in lakhs of

rupees is 2008.

= 45 + 2

Estimate profit for the year 2015.

6. The following calculations were based on the life of Solar batteries of two companies.

Company A Company B

Average life 10 years 9 years

Standard deviation 15 years 8years
Which company’s solar batteries show greater consistency in terms of life?

7. The sum of 5 observations is 125 and sum of their squares is 625. The median is 15.

Find the karl pearson’s coefficient of skewness and coefficient of variation.

8. Write short notes on the rules for constructing diagrams.

9. Calculate 8th decile, 3rd quartile and sixty-first percentile from the following data of

the marks obtained by the 8 students in an examination. 22, 26,14, 30, 32, 41, 35, 40.

Prepared By: Puskar Raj Bist

 10. The coefficient of correlation between 5 pairs of values of demand and supply was

found to be 0.8.Test the significance of the result.

Descriptive Answer Questions:

Instruction: Candidates are required to give their answer in their own words far as

practical. Each question consists of 5 equal marks.

1. A company has two plants to manufacture scooters. Plant I manufactures 80%of

scooters and plant II manufactures 20%. At plant I, 85 out of 100 scooters are rated

Standard Quality. At plant II, only 65 out of 100 scooters are rated Standard Quality.

What is the probability that scooter came from plant II if it is known that the scooter

is of Standard Quality?

2. Why is it necessary to analyze time series data? Discuss various components of time

series.

3. A commodity is produced by using 3 units of labour and 2 units of capital. The total

cost of comes to Rs.62. If the commodity is produced by using 4 units of labour and

1unit of capital, the cost comes to Rs.56. what is the cost per unit of labour and

capital?

4. A factory has two machines P and Q, both of which produce two articles A and B. P

makes 5 pieces of A and 8 pieces of B per day and Q makes 7 pieces of A and 6

pieces of B per day. If the products from P are sold for Rs. 340 and those from Q are

sold for Rs. 320, find the selling price of each article of A and B.

5. In a certain distribution, the first four moments about an arbitrary point were 1, 3, 7

and 21. Test the skewness of the distribution.

6. The following is the net profit of two companies in millions of rupees, which

company shows greater consistency in net profit. Justify

Year 2006 2007 2008 2009

Company A 15 16 20 16

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 Company B 14 15 19 20

7. The Nanglo chain has significantly increased its investment inventory over the last six

months. The information is printed below.

Months Aug. Sept. Oct. Nov.

Inventory (Rs. 100000) 4 4 6 8
Develop the linear estimating equation to estimate the inventory level in December.

8. What do you understand by sampling distribution? Differentiate between point and

interval estimate.

9. Regression coefficient of Y on X and X on Y are given as -2.002 and -0.461. Find the

value of correlation coefficient between X and Y. If means of X and Y are 87.2 and

127.2, estimate X when Y=133.

10. (a) Suppose a group of 50 children have a distribution of I.Q. scores with mean 100

and S.D. 10. If one child with I.Q. is removed, what will be the effect on the mean and

standard deviation?

(b). the mean of 200 items is 48 and their standard deviation is 3. Find the sum and

sum of squares of all items.

Prepared By: Puskar Raj Bist

Analytical Answer Questions:

Instruction: Candidates are required to give their answer in their own words far as

practical. Each question consists of 15 equal marks.

1. A classroom has space for 50 students. Let x represents the number of girls and y the

number of boys, find the maximum numbers of students possible if there are at least 2

boys and 3 girls. Formulate a linear programming model and solve it graphically.

2. What are Index numbers? Discuss the types of Index numbers. An inquiry into the

budget of the middle class families of a town revealed that on an average, the

expenses on the different groups were – food 55%, rent 10%, clothing 12%, fuel 8%,

and miscellaneous 15%. The group indices for the current year as compared with a

base year were respectively 440, 160, 340, 220 and 270. Calculate the consumer price

index for the current year. Mr. Thapa was getting Rs. 440 in the base period and

Rs.660 in the current year. State how much he ought to have received as extra

allowance to maintain his former standard of living?

3. Compute the four moments about the mean and measure skewness and kurtosis by the

method of moments and explain the characteristics of the following distribution by

interpreting the computed values.

4. Daily wages in Rs. 5. No. of persons

6. 0-200 7. 50
8. 200-400 9. 70
10. 400-600 11. 160
12. 600-800 13. 200
14. 800-1000 15. 280
16. 1000-1200 17. 120
18. 1200-1400 19. 100
20. 1400-600 21. 20
22. 23. N = 1000

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 24. A form manufacturers two types of electrical items A and B. The profit contribution

per unit of A and B are Rs. 1600 and Rs. 2400 respectively. Both A and B make use

of two essential components, a motor and a transformer. Each unit of A requires 3

motors and 2 transformers and each unit of B requires 2 motors and 4 transformers.

The total supply of components per month is restricted to 210 motors and 300

transformers. B is an expert model requiring a voltage stabilizer, which has supply

restriction to 65 units. Formulate the above problem in a mathematical form

describing the objective and limitations of the problem. Solve the formulated problem

by graphic method with an objective of maximization of profit.

25. Following table reveals that the annual trend of sales turnover ( in millions Rs.) and

net profit of two different companies seeking investment for their factor expansion

project. As an investment, advisor, on the company would you suggest your client for

investment, support your advice with statistical information you can extract from the

table.

26. Fiscal 27. Sales 28. Net profit in million Rs.

year turnover 29. Company A 30. Company B
in million
Rs.
31. 2045-46 32. 20-29 33. 5 34. 4
35. 2046-47 36. 30-39 37. 6 38. 5
39. 2047-48 40. 40-49 41. 10 42. 9
43. 2048-49 44. 50-59 45. 6 46. 10
47. 2049-50 48. 60-69 49. 12 50. 11
51. 2050-51 52. 70-79 53. 10 54. 12
55. 2051-52 56. 80-89 57. 14 58. 12
59. -

Prepared By: Puskar Raj Bist