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Hamdard University Islamabad
Campus
Hamdard Institute of Management Sciences
Final Terminal Examination Semester Fall
2014
MBA II Descriptive Type Paper
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Statistical 29 Dec,
Course Title: Inferences Date of Exam: 2014
Course Code : QS 306 10:00 a.m
Time of Exam :
Facultys Shahid Masood Du 3.00hours
Name: Butt ration of Exam:
Weightage of 40 Marks Total Number of Two
Exam: Pages(including this):

INSTRUCTIONS :
a) There are ______ questions. Attempt all.
b) This examination is closed book. The students are NOT allowed to carry any helping material.
c) Programmable Calculators, Cellular phones and other electronic gadgets are NOT allowed
except scientific calculator.
d) Dont raise any query concerning this question sheet. Understanding of questions is ability.
e) Dont return the question paper while submitting the Answer Book. It is your property.
Students Name: Enrollment No:
(in upper case letters)

Q.No.1
If a hurricane forms in the eastern half of the Gulf of Mexico, there is a 76 percent
chance that it will strike the western coast of Florida. From data gathered over the
past 50 years, it has been determined that the probability of a hurricanes occurring
in this area in any given year is 0.85.
a) What is the probability that a hurricane will occur in the eastern Gulf of Mexico and
strike Florida this year?
b) If a hurricane in the eastern Gulf of Mexico is seeded (induced to rain by addition of
chemicals from aircraft), its probability of striking Floridas west coast is reduced by
one-fourth. If it is decided to seed any hurricane in the eastern gulf, what is the new
value for the probability in part (a)? Mark = (4+4)

Q.No.2
The universitys library has been randomly surveying patrons over the last month
to see who is using the library and what services they have been using. Patrons are
classified as undergraduate, graduate, or faculty. Services are classified as reference,
periodicals, or books. The data for 3.50 people are given below. Assume a patron
uses only one service per visit.

Patron Refere Periodi Boo

nce cals ks
Undergrad 44 26 72
uate
Graduate 24 61 20
 Faculty 16 69 18
Total 84 156 110

a) Find the probability that a randomly chosen patron is a graduate student.

b) Visited the periodicals section, given the patron is a graduate student.
c) Is a faculty member, given a reference section visit.
d) Is an undergraduate who visited the book section.
Mark = (2+2+2+2)
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Q.No.3
A recent study of how Americans spend their leisure time surveyed workers
employed more than 5 years. They determined the probability an employee has 2
weeks of vacation time to be 0.45, 1 week of vacation time to be 0.10, and 3 or more
weeks to be 0.20.
Suppose 20 workers are selected at random. Answer the following questions:

a) What is the probability that 8 have 2 weeks of vacation time?

b) What is the probability that only one worker has 1 week of vacation?
c) What is the probability that at most 2 of the workers have 3 or more weeks of
vacation time?
Mark = (3+2+2)

Q.No.4

The technician of a Spiffy Lube auto lubrication shop is trying to revise his policy on
ordering grease gun cartridges. Currently, he orders 110 cartridges per week, but he
runs out of cartridges 1 out of every 4 weeks. He knows that, on average, the shop
use 95 cartridges per week.
He is also wailing to assume that demand for cartridges is normally distributed.

a) What is the standard deviation of this distribution?

b) If the technician wants to order enough cartridges so that his probability of
running out during any week is no greater than 0.2, how many cartridges should
he order per week?
Mark = (4+3)
The End of Question Sheet