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MTH302Sample Paper For Practice MTH302

The document contains 31 multiple choice and short answer questions about statistics, probability, and financial concepts. The questions cover topics like measures of central tendency, correlation, distributions, and investment calculations. Respondents are asked to select the correct answer or provide calculations to solve problems involving statistical and mathematical formulas and analyses.

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skydiver1468
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944 views7 pages

MTH302Sample Paper For Practice MTH302

The document contains 31 multiple choice and short answer questions about statistics, probability, and financial concepts. The questions cover topics like measures of central tendency, correlation, distributions, and investment calculations. Respondents are asked to select the correct answer or provide calculations to solve problems involving statistical and mathematical formulas and analyses.

Uploaded by

skydiver1468
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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Question No: 1 ( Marks: 1 ) - Please choose one

The value of c2 is always ------------------

► Positive
► Negative
►
► None of these

Question No: 2 ( Marks: 1 ) - Please choose one

Which of the following indicates a strong positive correlation.


►r = 0
►r = -0.793
►r = 0.913
►r = 0.45

Question No: 3 ( Marks: 1 ) - Please choose one

Binomial expansion for (3 x  2 y )


0
is equal to

►1
► (3 x  2 y )
► (0  3 x  2 y )
► (3 x  0  2 y )

Question No: 4 ( Marks: 1 ) - Please choose one

New forecast =……

► Old forecast + proportion of error..


► Old forecast - proportion of error 

► Old forecast * proportion of error 

► Old forecast / proportion of error 

Question No: 5 ( Marks: 1 ) - Please choose one

Which is the correct syntax for the determinant of a matrix given by the following
array
► =DETERM(B4:E7)

► =MDTERM(B4:E7)

► =MDETERM(B4:E7)

► =MDETERM(B4;E7)

Question No: 6 ( Marks: 1 ) - Please choose one

If C is the cost and S is the selling price of a certain item then the formula for its
markup is given by

► (S-C)/S *100%

► (S-C)/C *100%

► (C-S)/S *100%

► (C-S)/C *100%

Question No: 7 ( Marks: 1 ) - Please choose one

There is an investment of _________ of basic salary on behalf of the employee in


Provident Fund
► 1/11th
► 2/11th
► 3/11th
► 5/11th
Question No: 8 ( Marks: 1 ) - Please choose one

VDB returns the depreciation of an asset for

►Zero period

►One period

►Two period

►Any arbitrary period

Question No: 9 ( Marks: 1 ) - Please choose one

Solve x – 16 = 12 for x.
►4
►28
►–4
►–28

Question No: 10 ( Marks: 1 ) - Please choose one

Syntax for the Poisson distribution is

►POISSON(x, mean, cumulative)

►POISSON(x, mode, cumulative)

►POISSON(x, median, cumulative)

►POISSON(x, y, mean, cumulative)

Question No: 11 ( Marks: 1 ) - Please choose one

Men tend to marry women who are slightly younger than themselves.
Suppose that every man married a woman who was exactly .5 of a year
younger than themselves. Which of the following is CORRECT?

► The correlation is −.5.


► The correlation is .5.
► The correlation is 1.
► The correlation is −1.
► The correlation is 0

Question No: 12 ( Marks: 1 ) - Please choose one


If high or low numbers have a significant effect on a list of numbers, the ----------- may
be better than the mean.

► mode
► median
► range
► quartile

Question No: 13 ( Marks: 1 ) - Please choose one

If you invest some amount at an interest rate of 8%, then at the end of 9 years.
What will be the value of Accumulation Factor?
► 12.736
► 12.487
► 12.965
► 12.856

Question No: 14 ( Marks: 1 ) - Please choose one

Which of the following is not a measure of central tendency


► Percentile
► quartile
► standard deviation
► mode

Question No: 15 ( Marks: 1 ) - Please choose one

If the dependent variable increases with the independent variable then the coefficient of
correlation is
► 0 to -1

► 0 to – 0.5

► 0 to -2

► 0 to 1

Question No: 16 ( Marks: 1 ) - Please choose one

There are 5 Rock songs, 6 Carnatic songs and 3 Indian pop songs. How many different
albums can be formed using the above repertoire if the albums should contain at least 1
Rock song and 1 Carnatic song?
► 15624
► 16384
► 6144
► 240

Question No: 17 ( Marks: 1 ) - Please choose one

In given Qrtly, data the first step in computing seasonal index is calculating
► 4 qtr moving average

► Discard highest and lowest values

► 4 qtr. Moving total

► 2 qtr. Moving total

Question No: 18 ( Marks: 1 ) - Please choose one

The variance is
► Found by dividing by N by the mean.
► In the same units as the original data.
► Found by squaring the standard deviation
► Calculate by dividing the S.D. with mean

Question No: 19 ( Marks: 1 ) - Please choose one

If many data points are close to the mean, then the standard deviation is -----------.

►0
► Small
► Large
► Middle value

Question No: 20 ( Marks: 1 ) - Please choose one

In a linear regression of y on x, y = a + bx,


► the variance of x is constant for all values of y
► a fitted straight line goes through (0, 0)
► Both variables have the same variance
► x is the explanatory variable

Question No: 21 ( Marks: 2 )


The answer of BINIMDIST is #NUM. Give the reason of this error message.

Question No: 22 ( Marks: 2 )

If Y = a + 2 X, find the value of a when Y = 7 and x = 2.

Question No: 23 ( Marks: 2 )

What is the mode of the following data?

Question No: 24 ( Marks: 3 )

Explain negative binomial distribution.

Question No: 25 ( Marks: 3 )

Construct a sample space S, if you toss a coin THREE times and observe the sequence of
heads ( H ) and tails ( T ) those appears.
Question No: 26 ( Marks: 3 )

Eleven subjects carried out the same task using a pocket calculator. The times (in
seconds) taken were: 69, 75, 83, 58, 95, 72, 86, 88, 77, 79, 90. Find the range & median .

Question No: 27 ( Marks: 5 )

The length of life for a washing machine approximately normally distributed, with a
mean of 4 years and a S.D of 1.5 years. If this type of washing machine is guaranteed
for 12 months. What percentage of the sale will require replacement?

Question No: 28 ( Marks: 5 )

If Sample space S = {1,2,3,..........,9}, event A ={2, 4, 6, 8} and event B ={1, 3, 5}


Find the probability of A or B happening.

Question No: 29 ( Marks: 5 )

Find the mean, median, mode, and range for the following list of values:
1, 2, 4, 7

Question No: 30 ( Marks: 10 )

Find the Median , Midhinge , Midrange for the following data values:
10, 13, 14, 12, 13, 19, 22,23,24

Question No: 31 ( Marks: 10 )

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