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Solved Practice Questions Lecture 32-34

This document contains practice questions from Lectures 32-34 on statistics topics like regression analysis, forecasting, and probability. Some key questions covered include: 1) Calculating slope and intercept values from regression lines given points. 2) Forecasting future values using simple exponential smoothing with given alpha values. 3) Calculating combinations and permutations to determine number of arrangements of items like letters in words or teams from groups. 4) Finding centered moving averages from time series sales data. 5) Solving probability problems to count number of ways items can be selected or arranged from given sets.

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175 views8 pages

Solved Practice Questions Lecture 32-34

This document contains practice questions from Lectures 32-34 on statistics topics like regression analysis, forecasting, and probability. Some key questions covered include: 1) Calculating slope and intercept values from regression lines given points. 2) Forecasting future values using simple exponential smoothing with given alpha values. 3) Calculating combinations and permutations to determine number of arrangements of items like letters in words or teams from groups. 4) Finding centered moving averages from time series sales data. 5) Solving probability problems to count number of ways items can be selected or arranged from given sets.

Uploaded by

Fun N
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Practice Questions for Lecture No.

32 to 34

Lecture # 32

Question 1:

If Y =7 +b X , find the value of b when Y = 12 andX = 3

Answer:

Y= 12 , X= 3

12=7+b*3

12-7=3b

3b=5

B=5/3

b  1.67

Question 2:

If Y  a  4 X , find the value of a when Y = 15and X = 3.

Answer:

Y=15 , X = 3

15 = a + 4*3

15 = a + 12

A =15-12

a 3

Question 3:

At any afternoon, the actual and trend values are 210 and 250 respectively; find the seasonal
variation at the afternoon

Answer:
Trend/expected = actual - seasonal

250 = 210 – seasonal

250 + seasonal = 210

Seasonal = 210-250

Seasonal variation = -40

Question 4:

If a point (5, 6) lie on the regression line Y  4  b X , find the slope b of the line

Answer:

From given point (5,6)

X=5, Y=6

6 = -4 + b*5

6+4 = 5b

5b = 10 , b = 10/5

b2

Question 5:

The estimated regression line of Y on X is

Y  a  b X , it passes through two points A (7,9) and B(0,0). Find the value of a and b .

Answer:

For point A(7,9) X = 7 , Y = 9 let a = 0

9=0+b*7

9 = 7b

b = 9/7

For point B(0,0) X=0 , Y=0 let b = 0

0 = a + 0 *0
a=0

a=0

b = 9/7

Question 6:

If Y  9  b X , find the value of b.

a) when Y = 5 and X = 2.

b) When Y = -7 and X = 4

Answer:

a) b = -2

b) b = - 4

Lecture # 33

Question 1:

From the data given below:

Week Actual sales Forecast

3 7000 7500

Given that   0.3 , find the forecast for the 3rd week.

Solution:
Old forecast = 7500 , Actual = 7000 α = 0.3

New forecast = old forecast + [ α ( actual – old forecast)

New forecast = 7500 + [ 0.3 * (7000-7500)]

= 7500 + [ 0.3 * (-500) ]

= 7500 + (-150)

= 7500 – 150

= 7350

Forecast week 4 = 7350

Question 2:

Find the centered average in the data given below:

Centered
Quarter Actual Moving Average
Average
1 72
2 98
3 79 355
4 106 362
1 79 386
2 122 408
3 101 445
4 143 460
1 94 479
2 141 506
3 128 523
4 160 554
1 125 556
2 143 563
3 135 590
4 187
Solution:

Centered
Quarter Actual Moving Average
Average
1 72
2 98
358.5
3 79 355 =(355+362)/2
=(362+386)/2=
4 106 362 374
397
1 79 386 =(386+ 408)/2
2 122 408 = 426.5
452.5
3 101 445 = (445+460)/2
4 143 460 452.5
1 94 479 492.5
2 141 506 514.5
3 128 523 538.5
4 160 554 555
1 125 556 559.5
2 143 563 576.5
3 135 590
4 187

Question 3:

From the data given below:


Week No. Actual sales Forecast
3 4500 5000
Given that   0.4 , find the forecast for the 4th week.
Old forecast = 5000 , Actual = 4500 α = 0.4

New forecast = old forecast + [ α ( actual – old forecast)

New forecast = 5000 + [ 0.4 * (4500-5000)]

= 5000 + [ 0.4 * (-500) ]

= 5000 + (-200)

= 5000 – 200

= 4800

Answer: 4800

Lecture 34

Question 1:

You have 3 hats and 4 shirts. How many ways a hat and a shirt can be chosen.

Answer:

As we have to move combination of two items ( 1 hat + 1 shirt).

So we assign 1 hat to 1 shirt , maximum combinations can be

To find number of ways = 4 * 3

Number of ways =12

Question 2:

How many different ways can you pick a team of 3 people from a group of 10?

It mean combination.

So C ( n , r )= n! / r! (n-r)!
n = 10 , r = 3

C ( 10 , 3) = 10! / 3! (10-3)!

= 10 ! / 3! * 7!

= 10 * 9 * 8 * 7! / 3! * 7!

= 10 * 9 * / 3!

= 720 / 3 *2 *1

= 720 / 6

= 120

Answer: 120.

Question 3:

How many different ways can you list 3 favorite desserts, in order, from a menu of 10.

Answer: 720

Question 4:

How many different arrangements are there of the letters of the word “numbers”?

As no letter is repeated so n!

n!= 7!

= 7 * 6 * 5 * 4* 3 *2 *1
Answer: 5,040

Question 5:
How many different 5-letter arrangements are there of the letters in the word   
 digit?  

Total number of letter in word “digit are 5 , I is repeated so.d=1 , i=2, g=1, t=1

nPr = 5! / 2! * 1! *1! *1!

= 5 * 4 * 3 *2! / 2!

=5*4*3

Answer: 60

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