Business Statistics - 1 (External)

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Max marks 60

Section — A (Answer all questions) (5 #4 = 20 marks)

Q.1 Draw a less than cumulative frequency curve for the following data and find the
value of the
seventh decile

Monthly Income | No. of workers | Monthly Income | No. of workers


0-100 12 500-600 20
100-200 28 600-700 20
200-300 35 700-800 7
300-400 6 [___ 800-900) 13
400-500 30 [900-1000 10.

Q. 2 The following is the wage distribution of a certain factory:

Monthly wages (00 Rs) 50-80 80-100 [100-110 [110-120


No, of workers 30 127 140. 240
Monthly wages (00 Rs) 120-130 [130-150 | 150-180 | 180-200
No. of workers 176 135 20 3
Find the median w:

(a) A fund is to be raised and it is decided that worker g less than Rs 12000
should
contribute 5% of their wages and those getting more than Rs 12000 should contribute
10% of their wages. What sum would be collected.

Q. 3 Samples of polythene bags from two manufacturers, A & B are tested by a


prospective
buyer for bursting pressure and the results are given in the table.

Burst No. of Bags


pressure(ibs) A B
50-99 | 2 °

10-149 9 il
15.0- 19.9 9 18
200-249 | 54 32
25.0 29.9 U1 27
300-349 | 5S B

Which set of bags have more uniform pressure? if prices are the same, which

manufacturer's bags would be preferred by the buyer? Why?


Q.4.A group of 200 persons was classified according to age and sex as given below:

Age in years | Male Female | Total


Below 30 60 [50 10
30and above | 80 10 90
Total 140 (60) [200

(3) What is the probability that a randomly chosen person from this group is a male
below
30 years of age’
Gi) What is the probability that a person is below 30 years of age, given that he
is male?

Q.5.A bag contains 2 white balls and 3 black balls. Four persons A, B, C & D in the
order
named, each draw 2 ball and do not replace it, The first to draw a white ball
receives Rs 20.
Determine their expectations.

Section — B (Answer all questions) (5 *8 = 40 marks)

Q. 1 Calculate the proportion of farms in which costs of production are within the
range A.M.

S.D. in the following distribution:

Cost of prod” (RS /]46 [68 ]810 [10-12 [1214 [1416 | Tow!
litre) |
No. of dairy farms 13 fui fis2 ios ie B34
Q. 2 From the following data of the age of employees, calculate the Karl Pearson’s
coefficient
of skewness and comment on the result:

0 [3s [18 [50 *Y


20 [40 [6s 8092

5
(00

Q. 3 With the following data of 6 cities, calculate the coefficient of correlation


by Pearson’s
method between the density of population (Population per unit area) and the death
rate (No,
of deaths / population). Also discuss its significance.

Gities | Area in square miles | Population (in 000) [ No. of deaths

A 150 30. 300


B 180 90 140
¢ 100 40
D 0 B
E 120 72
F 80. By

iven in the following table. Find the two lines of


.¢ height of the son when the height of the

Q. 4 The heights of fathers and sons


regression and estimate the expected avers
father is 67. 5 inches.

Height of fuher Gn inches) [63 [6667] 67 68 [@ 71] 73


Height of son (in inches) [67 [os [ot [os [72 [70 [69 [70

Q.5 Time taken by the crew, of a company, to construct a small bridge is a normal
variate with
mean 400 labour hours and a standard deviation of 100 labour hours.

(i) What is the probability that the bridge gets constructed between 350 to 450
labour
hours?

Gi) If the company promises to construct the bridge in 450 hours or less and agrees
to pay
a penalty of Rs 100 for each labour hour spent in excess of 450, what is the
probability
that the company pays a penalty of at least Rs 2000 /-

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