BBA (Semester-Ist) Internal Examination-2016

104 - Statistics for Business Decision

Time: 01 Hour [Max. Marks: 15]
Note: All Questions are compulsory and figure to the right indicating their maximum marks.
[Section A: Objective Type]

Q.1: Choose the correct answer from the following:

(i): In a moderately asymmetrical distribution the Mode and Mean are 32.1 and 35.4 respectively. The value
of Median will be? 1
(a) 32.1 (b) 34.3
(c) 33.2 (d) 36.4
(ii): The value of variation and the second moment is equivalent to? 1
2
(a) (Standard Deviation) (b) (Standard Deviation)
(c) (Standard Deviation) (d) None of the above
(iii): Ogive curve is useful to determine graphically the value of 1
(a) Mean (b) Median
(c) Mode (d) None of the above
(iv): Quantitative techniques helps in minimizing costs [True/False] 1
(v): A small value of standard deviation means a high degree of uniformity. [True/False] 1
[Section B]
Q.2: What is business statistics? Explain some important function of statistics 2
OR
Define Mode and state the empirical relationship between mode, median and arithmetic mean of a
frequency distribution
Q.3: Calculate the Geometric mean of following: 2
Class 0-10 10-20 20-30 30-40 40-50
Frequency 14 23 27 21 15
OR
From the result of two colleges A and B given below state which of them is better and why?
College A College B
Name of Exam
Appeared Passed Appeared Passed
M.Com 30 25 100 80
MBA 50 45 120 95
B.Com 200 150 100 70
BBA 120 75 80 50
Total 400 295 400 295

[Section C]
Q.4: An incomplete distribution is given below:
Variables 10-20 20-30 30-40 40-50 50-60 60-70 70-80 Total
Frequenc 12 30 ? 65 ? 25 18 229
y
You are told that the median value is 46. You are required to fill up the missing frequencies. 5
OR
Lives of two models of refrigerators in recent survey are:
Life Number of refrigerator
(No. Of years) Model A (frequency) Model B (frequency)
0-2 5 2
2-4 16 7
4-6 13 12
6-8 7 19
8-10 5 9
10-12 4 1
What is the average life of each of these refrigerators? Which model has greater variation?