Department of Economics

Bharathidasan University
M.A. Economics - Semester Examination – April 2011
Subject: Statistics (09SM03)
Time : 3 Hours Max Marks : 60
Section A
(10 x 1 = 10 Marks )
Answer all the Questions
A. Chose the correct answer:

1. When is it appropriate to use median as a measure of central value?

2. What is the range in which the correlation co-efficient lie?

3. When is it appropriate to use the measure of co-efficient of variation?

4. What do you mean by standard deviation?

5. What is the difference between Directional and Non-directional Hypothesis?

6. What is a consumer price index?

7. What is the test used to test the significance of the intercept in a regression analysis?

8. give the a reason for converting the chain index numbers to fixed base index numbers

9. What is sample space in probability?

10. What is an impossible event in probability?

Section B
(6 x 5 = 30 Marks )
Answer any 6 Questions

11. What are the merits and demerits of arithmetic mean

12. Find out which of the following batsmen is more consistent in scoring.

Batsman A

5 7 16 27 39 53 56 61 80 101 105

Batsman B

0 4 16 21 41 43 57 78 83 93 95

13. Discuss the characteristics of Poisson distribution.

 14. Write short notes on
a. Systematic random sampling
b. Stratified random sampling
c. Components of Time Series data

15. Compute Laspeyers and Paasches Price Indices. Interpret the Index.
Yea 2007 2008
r/
Price Qty Price Qty
Commodity
Pepper 2 8 4 5
Cardamom 5 12 6 10
Clove 4 15 5 12
Nuts 2 18 4 20

16. Explain with suitable examples the different types of ‘t’ test available for hypothesis
testing.

17. A sample of 400 male students is found to have a mean height of 67.47 inches. Can it be
reasonably regarded as a sample from a large population with mean height of 67.39
inches and a standard deviation of 1.30 inches? Test at 5% Level of significance.

18. Discuss the normal probability curve. Explain the properties of normal distribution.

Section C

(2 x 10 = 20 Marks )
Answer any Two Questions

19. Explain the steps involved in Hypothesis Testing? Elaborate on the concepts of Level of
Significance and Critical regions with appropriate diagram.

20. Write short notes on any two concepts given below:

a) Lorenz Curve
b) Principle of Least Squares in regression analysis
c) Binomial Distribution
d) Bi-Variate or Contingency Table

21. Fit a regression model using and find out the influence of price on quantity supplied.

Park Size (in cents) 8 11 7 10 12 5 4 6

Sales of tender Coconut: 11 30 25 44 38 25 20 27

(b) Interpret the regression intercept and coefficient.

(a) What would be the quantity of tender coconut if the park size is 35?
http://bookboon.com/uk/textbooks/economics

Find out which of the following batsmen is more consistent in scoring.

Batsman A
5 7 16 27 39 53 56 61 80 101 105

Batsman B
0 4 16 21 41 43 57 78 83 93 95