Total number of printed pages-8

47 (2) BUST 2.3

2019

B U S I N E S S STATISTICSS

Paper 2.3

Full Marks : 80

Time Three hours

indicate
The figures in the margin
full marks for the questions.

1. Choose the correct altermative :

1x10 10

(a) What is the probability of a sure.

event?

1/2
(tt) 1

(tu) -1.

Contd
 (b) The range ol simple correlatio
coeffictent (r) is - (0 When x and y are indcpendent then
(0 0 to»
(0
(
-

to +o
(0 = 0
(tw O to1
(it) -

1 to 1.

c) Which is true 1or negaively skewe

distribution?
(iu) ayo
0 AM < Median < Mode (g) If 'a' is any constant then E(a) = ?
(0 AM Median > Mode
(i AM =
Median Mode =

(ii)
(tv) None of the above.
(ito
dRelationship between AM, GM and HM (tv) 2.
S-
(h) The relationship between mean
( AM+HM =GM
i AM x HM = (GM)2 deviation (M.D.) and standard deviation
(S.D.) is
(i AM + HM = (GM)2 (0 3MD = 2SD
(0 6MD = 5SD
ti) HM
CM (it) 5MD = 4SD
fiv) MD= SD.
(e) Fluctuations due to earthquake is
attached to the component of the time 0 If r=t1, the two ines of regression
series are
(0 Secular trend (0 Coincident
( Seasonal trend (0 Parallel
Li Cyclical trend (iti Perpendicular to each other
(iv) Irregular trend. (iv) None of the above.
47 (2) BUST
2.3/G (2) BUST 2-3/G 3 Contd
 observation
of a series is divided ring
The out the fallacy of thedistribution
statement.
Ifbyeach
10. the SD ot the new observation
is 13 a
le1 and
o a Dinomlal
nstandard deviation is 3
s

(0 1/5th of the SD of the original (g

observations
Write down tuo properties of regression
coellicient.
10 times the SD of original
(0 observations
(h Write down tuo limitations of statistics.

(ü9 T th of the SD of the original Answer the following:

3. (any four)
observations 5x4-20
(iw) 5 times the SD of original a)Explain the functions ol statistics.
observations.
(b) The average daily wage of 100 workers
2. Answer the following: (any Jive) 1s
2x5=1
n
wage
a tactory Rs. 72. The average daily
ol 70 male workers is
Rs. 7.
(al Write down tuo properties of correlation nd the average daly weages of female
WorkersS.
coelicieTIt.

then find
(C)There are 50 balls which are numbered
b) If b =0.2 and byx =0-8,. fromto 50. A ball is drawn at random.
the value ol r. Findthetheballprobability that the number
is multipie of either 2 or
c)For any two
events A and B. if
on
5.
(d)Xis a discrete randoin variable having
the following probability distribuion
P(A) =
P(B)= and
P(ANB)=5
find P(AUB). x):01 2 2K 3K
P(X): 0 K 2K 2 K2 2k2
2K (7K
(7K2 ++K)
K
find E(10X). Determine the values of K.
d1f E(X)=10
e) Write methods of collecting (e Write a short note on Skewness and
primary data.
down
tuo
Kurtosis.

47 12) BUST 2-3/G 47 (2) BUST 2:3/G Contd.

coo o o o (o o o to 7 5 9333

3
:
 Find mean deviation (M.D.) from mean
and the coefficient of mean deviation
from mean

Age (in year) No. of people

0-5 15
5-10 20

10-15 60

15- 50
20-2-25 40

-30 45
30-35 70
55
35-40
40-45 35
45-3-50 42

47 (2) BUST 2-3/G 8 800