MASTERS OF BUSINESS ADMINISTRATION

BUSINESS STATISTICS (MBA-105)

INSTRUCTIONS:
(i) The question papers must be typed in the format provided. Technical terms should be written
in the capital letters.
(ii) Please avoid using multiple choice types questions, TRUE/FALSE and Fill in the blanks type
questions in the question paper.
(iii) Every question and every part of a question should be in clear language and free from
ambiguity. Split down even relatively short sentences if they contain a lot of
condensed information.
(iv) Repetition of a question must be avoided.
(v) File should be sent in MS-Word Format.
(vi) Font size of the content should be Arial (font size 12).
(vii) Where the question papers are set in Hindi & English, the Hindi Version of the question
should be followed immediately after each question of English Version.
(viii) In case of MBA, Section-C may contain case studies/ Numericals (atleast 04)

SECTION-A (Very Short Answer Type Questions)

Q.1.
UNIT-I
a) Define Statistics in singular and plural sense?
b) Define median.
c) Write merits and demerits of mode.
d) Calculate mean of the following data:-
10,12,15,23,21,27,26
e) Define frequency polygon and frequency curve.
UNIT-II
a) Define various types of data.
b) Define dispersion.
c) Define skewness.
d) Define Standard deviation.
e) Define variance and coefficient of variation.
UNIT-III
a) Define correlation.
b) Define regression.
c) Define various types of correlation.
d) Define regression equation and regression coefficients.
e) Define t-Test
UNIT-IV
a) Define time series.
b) Define index numbers.
c) Define price and quantity index numbers.
d) Define additive model of time series.
e) Differentiate between seasonal variations and cyclical variations.
UNIT-V
a) Define Probability.
b) define random experiment.
c) Define mutually exclusive cases.
d) Define importance of probability in business.
e) Two dice are thrown once. Find the probability of getting an even number on
the first dice.
 SECTION-B (Short Answer Type Questions)
Q.2.
UNIT-I
a) What is meant by Classification? Explain different methods of classifying statistical
data.
b) Find mean and median from the given frequency distribution:
Class 0-10 10-20 20-30 30-40 40-50
Frequency 5 6 10 14 13
c) Prepare histogram, frequency polygon and frequency curve for the following
frequency distribution.
Classes 10-20 20-30 30-40 40-5- 50-60 60-70
Frequency 7 20 25 18 11 6

d) Discuss the scope of statistics in various fields.

e) Describe different methods of Collecting data. Distinguish between sample and
census survey.
UNIT-II
a) Define various measures of dispersion.
b) Explain briefly why a sample survey is usually preferred to census survey. Give
one example of a situation where a census survey is imperative.
c) Obtain standard deviation of the following data and also find its coefficient of
variation:
Class interval Frequency
1-8 5
8-15 8
15-22 7
22-29 3
29-36 4
36-43 6
43-50 2

d) Differentiate between Skewness and Kurtosis.

e) The mode of the following distribution is 48.6, find out the missing frequency-
class 10-25 25-40 40-55 55-70 70-85
frequency 6 20 44 ? 3

UNIT-III
a) Differentiate between correlation and regression.
b) Calculate Karl Pearson’s coefficient of correlation.
X 20 22 24 25 25 26 27 29 30 32
Y 38 40 37 35 33 34 35 36 27 25
c) Find Spearman's rank correlation coefficient between X and Y for this set of data:

X 19 21 25 22 33

Y 30 24 28 31 35

d) Under what conditions do we make use of F-test?

e) Discuss scope of correlation and regression in business.
 UNIT-IV
a) Define various components of time series.
b) Define various kinds of index numbers along with formula.
c) Fit a straight line trend by least squares method to the data given below and
estimate trend for 2013
Year 2006 2007 2008 2009 2010 2011
Sales in 10 12 15 16 18 19
(000 Rs)
d) From the following fixed base index number given below, calculate chain base
index numbers:-
Year 2012 2013 2014 2015 2016
Index 267 275 280 290 320
e) Define seasonal and cyclical variations.
UNIT-V
a) State additive theorem of Probability. From a bag containing 4 white and 6 red
balls, 2 balls are drawn together. Find the probability that:
(a) Both the balls are white
(b) Both the balls are black
(c) One is white and other is black
b) Define axiomatic definition of probability.
c) Find the probability that in a random arrangement of the letters of the word
‘ASSASSINATION’ and ‘MISSISSIPPI’.
d) Define permutation and combination. In how many ways can the letters of the
word FATHER be arranged so that H is always next to T?
e) A box contains 6 red, 4 white, and 5 black balls. A person draws 4 balls from the
box at random. Find the probability that among the balls drawn there is at least 1 ball
of each colour.
SECTION-C (Descriptive Answer Type Questions)
Q.3.
UNIT-I
a) Statistics affects everybody and touches life at many points. It is both a science
and an art. Comment
b) Find out arithmetic mean, Median and Mode from the following data:-
Class 10-19 20-29 30-39 40-49 50-59 60-69 70-79 80-89 90-99
Freq. 7 15 18 25 30 20 16 7 2
c) From the following observations prepare a frequency distribution table in
ascending order starting with 10-15 (exclusive series) and calculate Median. Size of
items:-
10, 12, 15, 11, 60, 46, 38, 25, 20, 18, 16, 26
29, 18, 17, 54, 48, 36, 13, 27, 23, 44, 18, 27
16, 37, 49, 53, 57, 21, 41, 11, 52, 45, 50, 34
UNIT-II
a) Calculate the mean deviation by step- deviation method of the following
distribution:-
Age 20-25 25-30 30-35 35-40 40-45 45-50
No. of 170 110 80 45 40 35
Persons
(Take assumed average= 32.5)
b) Why is it important to study measure of Dispersion? Explain the need of standard
deviation for decision making in management.
c) Calculate quartile deviation and its coefficients from the following data:
weight 60 61 62 63 65 70 75 80
No. of 1 3 5 7 10 3 1 1
workers

UNIT-III
a) Find equation of regression line Y on X and X on Y for the following data:
X 28 43 48 34 65 52 70 61 25 24
Y 68 53 42 25 38 60 62 20 80 82

b) Find rank correlation coefficient:

Marks in Economics 80 45 55 56 58 60 65 68 20 75 85
Marks in Maths 82 86 50 48 60 62 64 65 70 74 90
c) Distinguish between correlation and Regression.

UNIT-IV
a) Compute Laspeyre’s , Paasche’s, Fisher’s and Marshall-Edgeworth’s Index
numbers from the following data:
1998 1999
ITEM PRICE QUANTITY PRICE QUANTITY
A 5 25 6 30
B 3 8 4 10
C 2 10 3 8
D 10 4 3 5
b) Discuss the various uses of index number in business.
c) Find the price and quantity index numbers by using fisher’s formula:
Base Year Current Year
Commodity Price Quantity Price Quantity
A 3 7 4 5
B 4 12 6 8
C 6 10 5 15
D 3 15 2 18

UNIT-V
a) a) A committee of 4 people is to be appointed from 3 offices of the production
department, 4 officers of the purchase department, two officers of the sales
department and one chartered accountant. Find the probability of forming the
committee in the following manner:
(i) There must be one from each category.
(ii) The committee should have at least one from the purchase
department.
(iii) The chartered accountant must be in the committee.

b) A manufacturing firm purchases a certain component, for its manufacturing

process ,from three sub-contractors A, B and C. These supply 60%, 30% and 10% of
the firm’s requirement respectively. It is known that 2%, 5% and 8% of the items
supplied by the respective suppliers are defective. On a particular day, a normal
shipment arrives from each of the three suppliers and contents gets mixed. A
component is chosen at random from the day’s shipment. If this component is found
to be defective, what is the probability that it was supplied by -
(i) A (ii) B (iii) C

c) Define scope of statistics in various fields of management.

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Teacher(s)

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