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Statistics Question Sample From Data Dazzlers PDF

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49 views3 pages

Statistics Question Sample From Data Dazzlers PDF

Uploaded by

Alliance Associates
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Statistics Question Sample from Data Dazzlers

Contributor

1. ALI EMRAN (MGT- 22030)


2. ABDULLAH AL SAIF ( MGT-22023)
3. VOBESH CHANDRA ROY ( MGT- 22005)
4. Waziha Shahid Neha ( MGT- 22022 )
5. Md Sakibul Hasan Sakib ( MGT-22035)

Introduction

Business Statistics is an important subject that plays a crucial role in the decision-making process of any
business organization. With the growing demand for data-driven decision-making in the corporate world,
the knowledge of Business Statistics holds immense value. In today's rapidly evolving market scenario, all
BBA students need to have a thorough understanding of basic statistical concepts and their applications in
the business world.
This question paper is designed to test the student's knowledge, understanding, and application of
fundamental statistical concepts in business scenarios. It covers various topics such as descriptive statistics,
probability, hypothesis testing, correlation, regression analysis, and time series analysis. This paper also
aims to assess the student's ability to use statistical software such as SPSS or Excel to analyze data and
draw meaningful insights.
This question paper is divided into 8 parts; each part will have 3 or 4 questions of 14 marks. So I am starting
this assignment by remembering the Most Merciful Almighty Allah. And many thanks to you for giving us
such a wonderful opportunity, and for introducing us to the subject of statistics so well. Not only thank you
for your availability but I hope your heart will not break and I will perform well in the exam inshallah.

In conclusion, mastering the principles of Business Statistics is essential for any business student aiming to
excel in a corporate career. This question paper is a valuable tool for BBA students to hone their analytical
skills and build a deep understanding of statistical analysis in the context of business scenarios.

Sincerely
Ali Emran (on behalf of everyone on my team )

Question set – 01
a. Define statistics as a subject. (2 marks)
b. Discuss the importance of statistics in business decision-making. (4 marks)
c. Using appropriate examples, describe the different types of graphs that are commonly used to
present data. (8 marks)
Question set – 02

a. What is meant by central tendency? (4 marks)


b. Discuss the different measures of central tendency used in statistical analysis. (4 marks)
c. Define the terms 'mean' and 'median.' How are these measures of central tendency used in
statistical analysis? (6 marks)

Question set – 03

a. Explain the concept of 'dispersion.' (4 marks)


b. What are the various measures of dispersion used in statistical analysis? (4 marks)
c. What is a Quartile? How can it be used to represent data? (6 marks)

Question set – 04

a. What is the difference between a population and a statistic? (2 marks)


b. Distribute frequency with (CF, RF, and PF) and present it graphically. (12 marks)
Question set – 5
a) Define what is meant by moment in statistical analysis and explain its significance in determining the
shape of a distribution. (4 marks)
b) Calculate the first and second moments of the following data set: 2, 5, 7, 8, 10. (4 marks)

c) A distribution has a mean of 25 and a standard deviation of 4. Calculate the coefficient of variation.
What does the coefficient of variation reveal about the distribution? (6 marks)
Question – 6
a) Define the term 'Simple correlation’ and explain what it reveals about the relationship between
two variables. (4 marks)
b) Calculate the correlation coefficient between the following two variables: X = {1, 2, 3, 4, 5} and
Y = {2, 4, 6, 8, 10}. (5 marks)
c) What is the difference between a positive and a negative correlation in simple correlation
analysis? Provide an example for each. (5 marks)
Question set- 7
a) What is Regression analysis? Explain the difference between Regression and Correlation. (4
marks)
b) Why time series analysis is important in business decision-making? (4 marks)
c) The following data are the number of business organizations started in Bangladesh. (6)

Year 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

No. of 30 22 22 20 19 23 25 34 22 29 35 45
started

d) Calculate 4 yearly and 7 yearly centered moving averages.


Question set- 8

a) Define consumer price index number and mention uses of index number in business. (4 marks)
b) The following table gives the prices and quantities of a number of commodities in Dhaka. (10
marks)

1979 1984
Commodity Unit Price Quantity Price Quantity
(Tk) (Tk) (Tk) (Tk)
Rice Kg 8 4 10 8
Ghee Kg 25 2 30 3
Egg Dozen 5 5 7 6
Milk Litre 2 3 4 7

Requirements:
I. Compute simple aggregative price index using 1979 as the base period.
II. Compute Laspre’s, Passche’s, and Fisher’s Ideal price index for 1984 using 1979 as the
base period.
III. Determine a value index for 1984 using 1979 as the base period.

The End
Thanks for the wonderful opportunity

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