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QB Stat

The document contains 27 questions related to business tools for decision making. The questions cover topics like data classification, measures of central tendency, measures of dispersion, index numbers, time series analysis, correlation and regression.

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jesimayasminj131
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0% found this document useful (0 votes)
31 views

QB Stat

The document contains 27 questions related to business tools for decision making. The questions cover topics like data classification, measures of central tendency, measures of dispersion, index numbers, time series analysis, correlation and regression.

Uploaded by

jesimayasminj131
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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JAIRAMS ARTS AND SCIENCE COLLEGE 14. Write the meaning of Standard Deviation.

15. What is mean by Correlation?


(Affiliated to Bharathidasan University, Tiruchirappalli) 16. What is mean by Regression?
NH-7, Madurai Bye-Pass Road, Aattamparappu, 17. Define Semi Average.
18. Define Moving Average Method.
Kakkavadi Po, Karur-639003. 19. What is Index Number?
Email: jairamskarur@gmail.com Web: www.karurjairams.ac.in 20. What is cost of living Index?
21. What is “Pie Chart”?
BUSINESS TOOLS FOR DECISION MAKING 22. What is “Harmonic Mean”?
SUBJECT CODE:22CCCCA4 23. Define Range.
QUESTION BANK 24. What is Standard Deviation?
25. Write the formula of Pearson’s Correlation Coefficient.
I-B.COM(CA) 26. What are the Types of Correlation?
27. What are the Components of Time Series?
2 Marks: 28. What are the kinds of Interpolation?
1. What are the four types of data classification? 29. What is “Time Reversal Test”?
2. List out the uses of Geometric Mean. 30. Write any two uses of Living Index Number.
3. Find the arithmetic mean 45, 50, 55, 60 and 40. 31. What is tabulation of data?
4. Define Quartile deviation. 32. What is meant by dispersion?
5. What is standard deviation? 33. What do you mean by quartile deviation?
6. Mention any two uses of regression. 34. What is Concurrent deviation method?
7. Mention any two uses of correlation. 35. What is Regression?
8. Give the meaning of index number. 36. What are the uses of Time series?
9. Which is the most frequently used index number formula? 37. What is Interpolation?
10. What do you mean by method of semi-average? 38. What are the characteristics of Index numbers?
11. Define Statistics. 39. Bring out the term of Cost of living index?
12. What is meant by Mode? 40. What is Arithmetic Mean?
13. What do you mean by Mean Deviation?
respectively. Find the equation of the regression line of age on
5 MARK
weight. Based on this data, what is the approximate weight of a six
1.Write the Meaning and Uses of Statistics.
year old child?
2.Given the following frequency distribution of first year students of
6. The grades of five students in mathematics and chemistry are:
a particular
Mathematics 6 4 8 5 3
college, calculate the harmonic mean.
Chemistry 6 4 7 5 4
Age(Years) 13 14 15 16 17
Determine the regression lines and calculate the expected grade in
Number of Students 2 5 13 7 3
chemistry for a student who has a 7 in mathematics.
3. The following distribution gives the number of houses and the
7. Estimate the trend values using the data given below by taking 3-
number of persons per
yearly moving
house.
averages.
No. of Persons 1 2 3 4 5 6 7 8 9 10
Year 1980 1981 1982 1983 1984 1985 1986 1987
No. of Houses 26 113 120 95 60 42 21 14 5 4 1988

Calculate the Range and Co-efficient of Range. Sales 65 95 80 115 105 135 125 150
140
4. Write and explain the types of Measures of Dispersion and also
write its sub types? 8. Write the meaning of Interpolation and Uses of Interpolation.

5. Five children aged 2,3,5,7 and 8 years old weigh 14, 20, 32,42 9. Construct index numbers of prices of items in the year 2012 from
and 44 kilograms the following data
by: (i) Laspeyre's method (ii) Paasche's method (iii) Fisher's method. F: 5 18 42 27 8

Item Price Quantity Price Quantity 13. Ranking of 10 trainees at the beginning (x) and at the end (y) of
a course are given
(2004) (2004) (2012) (2012)
below.
A 10 10 5 25
Calculate Rank Correlation
B 35 4 35 10
x : 1 6 3 9 5 2 7 10 8 4
C 30 3 15 15
y : 6 8 3 7 2 1 5 9 4 10
D 10 25 20 20
14. From the following information. Calculate Regression line of y
E 40 3 40 5
on x.
10. Calculate Harmonic mean of the following data
x y Average 40 60 Standard deviation 10 15 Correlation co-efficient
Marks: 30–40 40–50 50–60 60–70 70–80 80–90 90- 0.
100
15. From the following data construct on price index for 2014 taking
Frequency : 15 13 8 6 15 7 6 2013 as base.
11. Calculate standard deviation for the following data Commodities A B C D E
x: 10 20 30 40 50 60 Price 2013 50 40 80 110 20
y: 8 12 20 10 7 3 Price 2014 70 60 90 120 20
12. Calculate range and its co-efficient from the following 16. Explain the use of index numbers.
distribution:Size : 60–63 63–66 66–69 69–72 72– 75
17. Calculate 4 year moving average from the following data.

Year : 2008 2009 2010 2011 2012 2013 X 15 20 28 12 40 60 20 80

Production : 374 311 387 393 395 479 Y 40 30 50 30 20 10 30 60

18. Fit a trend line by the method of semi-averages. 24.Calculate the coefficient of correlation between X and Y.

Year : 2009 2010 2011 2012 2013 2014 X 10 12 18 8 13 20 22 15 5 17

Sales: 60 75 81 110 106 120 Y 88 90 94 86 87 92 96 94 88 85

19. Explain the characteristics of Statistics. 25.Find three yearly moving averages for the following data

20. Calculate Arithmetic Mean and Median for the following data. Year 2001 2002 2003 2004 2005 2006 2007 2008

Marks 50 30 20 10 5 Sales 30 45 39 41 42 46 46 49.

No .of Students 7 9 18 4 2 26.Briefly Explain the advantages of Time series.

21.Find the Coefficient of variation from the following data. 27.Calculate Price Index number.

SKp = 0 , A = 86 and Median = 80. Commodity A B C D E

22. Calculate Mean and Standard deviation. Quantity 10 15 15 20 5

X 10 20 30 40 50 60 Price in 2016 100 15 70 20 5

F 8 12 20 10 7 3 Price in 2017 120 20 60 30 7

23.Find the rank correlation.


Y 88 90 94 86 87 92 96 94 88 85

28.Construct the Cost of living index from the following. 25.Find three yearly moving averages for the following data.

Item A B C D E Year 2001 2002 2003 2004 2005 2006 2007 2008

Index No. 352 22 230 160 190 Sales 30 45 39 41 42 46 46 49.

Weight 48 10 8 12 15 26.Briefly Explain the advantages of Time series.

21.Find the Coefficient of variation from the following data. 27.Calculate Price Index number.

SKp = 0 , A = 86 and Median = 80. Commodity A B C D E

22. Calculate Mean and Standard deviation. Quantity 10 15 15 20 5

X 10 20 30 40 50 60 Price in 2016 100 15 70 20 5

F 8 12 20 10 7 3 Price in 2017 120 20 60 30 7

23.Find the rank correlation. 28.Construct the Cost of living index from the following.

X 15 20 28 12 40 60 20 80 Item A B C D E

Y 40 30 50 30 20 10 30 60 Index No. 352 22 230 160 190

Weight 48 10 8 12 15

24.Calculate the coefficient of correlation between X and Y.

X 10 12 18 8 13 20 22 15 5 17
Hours (X) 80 79 83 84 78 60 82 85 79

10 MARKS 84 80 62

1.Find out Mean, Median and Mode from the following data. Production (Y) 300 302 315 330 300 250 300 340

x: 0–10 10–20 20–30 30–40 40–50 50–60 60– 70 315 330 310 240

f: 5 12 30 45 50 37 21 5. What you mean by Time Series? Explain its Components.

2. Compute the co-efficient of variation from the following 6. Write the meaning and Characteristics of Index Numbers.

information given below :


7. Calculate Mean, Median and Mode.

Marks : 0–10 10–20 20–30 30–40 40–50 50–60 60– 70


C 0-10 10-20 20-30 30-40 40-50 50-60 60-70

No students : 8 12 17 14 9 7
f 10 20 35 40 25 25 15

3. Compute Karl Pearson’s correlation co-efficient for the data given


8.Calculate two Regression lines for the following.
below.
X 10 12 13 12 16 15
x: 65 66 67 67 68 69 71 73
Y 40 38 43 45 37 43
y: 67 68 64 68 72 70 69 70

4. Find Correlation
9.Fit a straight line trend by using the method of Least Square and

estimate the production for the year 2009.

Year 2001 2002 2003 2004 2005 2006

Production 7 9 12 15 18 23

10. Calculate Fisher’s index and Check Time reversal test and Factor

reversal test.

Commodity 2014 2015

A Price Qty Price Qty

X 32 50 30 50

Y 30 65 25 40

Z 16 55 18 50

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