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24 views

Assignment

Uploaded by

mujtabahannan01
Copyright
© © All Rights Reserved
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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ALLAMA IQBAL OPEN UNIVERSITY, ISLAMABAD

(Department of Statistics)
WARNING
1. PLAGIARISM OR HIRING OF GHOST WRITER(S) FOR SOLVING
THE ASSIGNMENT(S) WILL DEBAR THE STUDENT FROM AWARD
OF DEGREE/CERTIFICATE, IF FOUND AT ANY STAGE.
2. SUBMITTING ASSIGNMENT(S) BORROWED OR STOLEN FROM
OTHER(S) AS ONE’S OWN WILL BE PENALIZED AS DEFINED IN
“AIOU PLAGIARISM POLICY”.
Course: Statistics for Management (5412) Semester: Autumn, 2024
Level: BS Accounting & Finance

Total Marks: 100 Pass Marks: 50


ASSIGNMENT No. 1
(Units: 1–5)
Q. 1 (a) What are the meaning of the word statistics in plural and singular sense? (10)
(b) What is primary data and how does it differ from secondary data? (10)

Q. 2 (a) Describe the advantages and disadvantages of diagrammatic representation.


Also describe the important types of diagrams. (12)
(b) The following table gives the sales of a certain factory in 7 years. Show this
data in a graph. (8)
Years 1910 1911 1912 1913 1914 1915 1916
Sales (Rs.) 120 132 170 162 155 180 170

Q. 3 (a) What are the merits and demerits of Mean, Median and Mode? (10)
(b) For the following data obtain the A.M., G.M. AND H.M. (10)
Marks: 30–39 40–49 50–59 60–69 70–79 80–89 90–99
Frequency 6 10 11 12 22 18 8
Q. 4 (a) Discuss the different measures of dispersion. Describe the methods of
computation of any two of them with suitable examples. (8)
(b) Find out the standard deviation and co-efficient of variation of the following
series. (12)
Marks 0–5 5–10 10–15 15–20 20–25 25–30 30–35
f 4 6 10 16 12 9 4

Q. 5 (a) Define and discuss the following kinds of index numbers.


i. Fixed based method (4)
ii. Chain based methods (4)
(b) Compute the index numbers Marshall-Edgeworth and Fishers Ideal type for
the following data. (12)
Base Year Current Year
Commodity
P Q P Q
A 7 70 5 49
B 5 27 7 28
C 10 35 9 29
D 9 50 4 42
E 3 16 10 25

ASSIGNMENT No. 2
Total Marks: 100 Pass Marks: 50
Q. 1 (a) Describe the properties of the correlation coefficient. (6)
(b) Given marks as: (14)
Student 1 2 3 4 5 6 7 8 9 10 11 12
Economics Paper 36 56 41 46 59 46 65 31 68 41 70 36
Physics Paper 62 42 60 53 36 50 42 66 44 58 65 71
Find the coefficient of correlation and interpret it.
Q. 2 A study was made by s retail merchant to determine the relation between
weekly advertising expenditure and sales. The following data were recorded.
Advertising Cost (Rs.) 40 20 25 20 30 50
Sales 385 400 395 365 475 440
Advertising Cost (Rs.) 40 20 50 40 25 50
Sales 490 420 560 525 480 510
Obtain:
i. The equation of regression line of Y on X to predict weekly sales from
advertising expenditure. (10)
ii. Estimate the weekly sales when advertising cost was Rs.35. (10)
Q. 3 (a) Describe the general procedure for testing of hypothesis. (10)
(b) Past records shows that the average score of students is 57 with standard
deviation 10. A new method of teaching is employed and a random sample of
70 students is selected. The sample average is 60. Can we conclude on the
basis of these results, at 5% a level of significance, that the average score has
increased? (10)
Q. 4 (a) The means of random samples of sizes 20 and 25 are 58 and 60 inches
respectively., Can the samples be regarded as drawn from a normal
population with variance 12.25? Use 5% and 1% level of significance. (10)
(b) For the following information test the hypothesis and interpret the results. (10)
H0: μ=80000, H1: μ 80000 when σ=100, =79,600, α=0.05.

Q. 5 (a) How does hypothesis testing for the difference between means of two normal
populations with paired observations differ from testing with independent
observations? (7)
(b) 11 school boys were given a test in Economics. They were given on months’
further tuition and a second test of equal difficulty was held at the end of it.
Do the marks given evidence the students have benefited by the extra
coaching? Given that: (13)

Roll No. 1 2 3 4 5 6 7 8 9 10 11
Marks in 1st Test 28 20 19 21 18 20 18 17 23 16 9
Marks in 2nd Test 24 19 22 18 20 22 20 20 20 20 17

____[ ]____

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