Professional Documents
Culture Documents
Stats Questions
Stats Questions
Stats Questions
Question No 2
A firm produces 3 products P, Q, and R; each of which passes through
3 stages of production A, B, and C before being converted into the
finished product. The relevant data are given below
Question No 3
Question No 4
Question No 5
Current states A B C
D
A 0.95 0.05 0
0
B 0.10 0.80 0.10
0
C 0 0.15 0.70
0.15
D 0 0 0.30
0.70
a) Election day is a long way off. With no special campaign, how
many votes can BJP expect for Rajasthan Constituency for BJP?
b) The special campaign will focus on fence sitters (C) making them
more favorable to BJP. This will result in a transition matrix
identical to the above except for the new row C of transitional
probabilities matrix as follows
A B C D
Question No 6
A pharmaceutical company produces three products X,Y and Z which
are partially used in manufacture of these products. However, none of
the products is used in its own manufacture. The quantities of the
outputs of each product which are used as inputs in the manufacture
of one unit of each of other products are:
Input Products
X Y
Z
X 0 0.3
Output Products 0.4
Y 0.2 0
0.3
Z 0.1 0.5
0
The production targets for each product are worth Rs. 1, 50,000 for X,
Rs. 2, 00,000 for Y and Rs. 1, 00,000 for Z. These products are to reach
the final consumer. Using Leontief’s input-output analysis determines
how much of each of the products should be produced?
Question No 7
1 -2 3 1 -2 3
A X 0 2 -1 = -4 5 2
-4 5 2 0 2 1
b) A box contains 10 light bulbs two of which are defective. If three
bulbs are selected in succession without replacing those already
selected, then
(i) What is the probability that all these bulbs selected will be
good?
(ii) What is the probability that the third bulb selected will be
good?
(iii) What is the probability that two are good and one is the
defective?
(iv) What is the probability that at least two are good?
Question No 8
Activity A B C D E F G H I J K L
Duration 30 7 10 14 10 7 21 7 12 15 13 15
(Days)
Predeces -- - A B,C D E B,C F F,G H,I B F,G,K
sors -
Draw PERT network for this project and find its critical path. Determine
the duration of project and tabulate the total float, free float,
interfering float of all non critical activities in resourse mobilization?.
Question No 10
1. Find the limit of the following functions :
(A)
_
e) Lim 2x2 7x +6
x→ 2 5x2 - 11x + 2
( B ) An automobile manufacturer finds that his car can be assembled
at a total cost
C(x) = 200 + 30x, where x is the number manufactured.
Assuming that the price at which the automobile manufacturer
can sell each unit of car is given by
p = 150 – (x/5). What level of production will maximize the total
profit? What is the corresponding selling price per unit and what
is the total profit at this level of production?
Question No 11
Question No 12
Question No 13
(A) (a) The demand for a commodity is given by x = 48 – 3p2. Find the
point elasticity of demand when p =3. if this price of 3 is decreased
by 4% , determine the relative increase in demand hence an
approximation to the elasticity of demand.
Question No 14
Question No15
(a) The marks of the students are normally distributed. 15% get more
than 75 marks and 25% of get less than 40 marks. Find the mean and
standard deviation of distribution.
(b) The mean and standard deviation of the wages of 10000 workers
engaged in a factory are Rs. 2000 and Rs. 400 respectively. Assuming
the distribution to be normally distributed estimate:
i. Percentage of worker getting wages above Rs. 1,750.
ii. Numbers of workers getting wages between Rs. 1,100 and Rs.
2,500.
Question No 16
Advertising Sales
Expenditure (Rs. Crore)
(Rs. Lakhs)
Mean 50 100
S.D 10 20
variance of X=25
5x-y=22
Find:
Question No 17
15 42 23 43 25 51 32 61 34 35 66 36 38 41 41
42 23 42 24 49 27 57 34 62 63 35 70 70 76 92
(g) Add nos. until the mean is between 43 – 44 for the below
mentioned data whose current mean value is 47.44. (Minimum no. of
additions needed = 4; add any value between 0 – 99)
1 3 4 1 8 4 6 5 8 4 9 1 6 4 3 3 7 6 9 9 1 1 2 6
4 8 4 1 0 7 7 7 4 4 0 2 2 2 6 2 5 4 4 8 1 2
4 1 1 5 8 8 8 8 8 7 5 9 8 4 6 4 3 8 3
5 1 6 6 4 9 3 4 1 0 6 0 8 3 8 9 8