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Ba4206 QB Ans
Ba4206 QB Ans
Ba4206 QB Ans
BA4206 - QB Ans
6. Define probability.
Probability is the mode of expression of knowledge or belief whether the event has
occurred or will occur.
7. What is point estimation?
The specific value of the sample statistic used to estimate a population parameter
is known as point estimation.
8. Write three objectives of measures of central tendency.
i) Compute the mean, median and mode of distributions.
ii) Find the five-number summary of a distribution.
iii) Apply measures of central tendency to compare data sets
No. of Persons 4 10 15 20 11
8. a) Calculate range and its coefficient from the following data: 53,46,18,16,75,84,28
b) Calculate median from the following data
Wages 35 45 55 65 75
No. of workers 4 10 15 20 11
9. Briefly explain the point estimation of population proportion and population variance.