Skip to main content

Elements of Statistics

BACHELOR'S DEGREE PROGRAMME


Term-End Examination


June, 2010


ELECTIVE COURSE: COMMERCE


ECO-7: ELEMENTS OF STATISTICS


Time: 2 hours                                                                                       Maximum Marks: 50


Note :Attempt any four question. All question carry equal marks.

  1. (a) Fill in the blanks with the appropriate word given in the brackets:



  • In construction of Index numbers __________mean is specially used. (weighted / unweighted)

  • It take_____________ time to collect secondary data compared to primary data. (less / more)

  • Use of_______________ is an appropriate method of data collection when the information is to be obtained at regular intervals over a wide area. (Interview / corespondents)

  • Data array________________ provide any information regarding the range of data. (does / does not)

  • It is not always necessary that the magnitude of different classes must be_____________ . (unequal / equal)

  • Mode and Median_____________ are measures. (calculative / positional)



  • For a moderately skewed distribution, the emperical relation is given_______________________as .(3Me -2x̄/ 2Me -3x̄)

  • The title given to rows of a table is called a. (stub / caption)


(b) State any four limitations of statistics.

  1. (a) The median, mean and coefficient of skewness for a certain distribution are 80, 86 and 0.42 respectively. Calculate coefficient of variation. 6+61/2


(b) The mean and standard deviation of 100 items are 50 and 5 respectively. The mean and standard deviation of another 150 items are 40 and 6 respectively. Find the standard deviation of all the 250 items taken together.

  1. Explain the methods of collecting primary data.                                                          12 ½


4. Find the mode of the following data graphically.                                                               12 ½

x:  0-10   10 - 20   20 – 30    30 - 40   40 - 50   50 – 60   60 – 70

f:     1           6         15            20         15            6          1

  1. (a) Calculate mean deviation about median.                                                             10+2 ½


x: 20   30   40   50   60   70

f:   8   12    20   10    6     4

(b) What is spurious accuracy?

  1. (a) Calculate any geometric mean of the following data:


Mark:                   5    15    25    35    45

No. of Students:  5     7     15    25     8

(b) State any four Reasons of non–sampling error.

  1. Draw a pie diagram to represent the following                                                         12 ½


Information:

Items                    Amount (Rs.)

Food                        800

Clothing                    200

Rent                         300

Other expenses          500

Comments

Popular posts from this blog

MANAGEMENT RESEARCH -I

POST GRADUATE DIPLOMA IN TEACHING AND RESEARCH IN MANAGEMENT   Term-End Examination June 2010   PGDTRM-03: MANAGEMENT RESEARCH -I Time: 3 hours                                                              Maximum Marks: 100 Note:   (i) There are two Sections A and B .             (ii) Attempt any three questions from Section A . All questions  carry 20 marks each.             (iii) Section B i s compulsory. And carries 40 marks.                                                SECTION – A                                  3x20=60   What is meant by the term "research design" ? Examine some of the commonly used research designs. Distinguish between probability and non-probability sampling. Explain the different methods used in both types of sampling. Examine the importance of ethics in research with special reference to the rights and responsibilities of participants. Briefly discuss the different methods of research. Also mention the situations in which they are appli...

OPERATIONS MANAGEMENT

COMMONWEALTH EXECUTIVE MBA/MPA PROGRAMME   Term-End Examination June 2010 C-4: OPERATIONS MANAGEMENT Time: 3 hours                                                              Maximum Marks: 100                                                                                               (Weighting 70%)   Note:    Section-A has five questions of 20 marks each. Attempt any three  Questions from Section-A . Section-B is compulsory   40 marks. SECTION – A (a) Discuss the process of launching a new product in the market. Explain with the help of suitable examples.    10+10=20    (b) A manufacturing firm has three proposals for a product. Either it can be       purchased from an outside vendor at Rs. 4.00 per unit or it can be manufactured in-plant. There are two alternatives for in-plant manufacturing. Either, a fully automatic unit is procured, involving fixed cost of Rs.30,000 and variable cost of Rs. 2.75 per  unit. Alternatively a semi-automatic unit would cost Rs. 20,000 as fixed...

Steps in starting up the small-scale business

Steps in starting up the small-scale business. A potential entrepreneur has to pass through various stages for setting up small scale unit. These are as follows:- The decision to be self-employed: - An educated person has to decide between two option either to work for other as employees or to work for himself as an entrepreneur. If the person possesses the right of knowledge, skill, experience and aptitude the best option for him is to set his own enterprise. This would give him best opportunity to invest, to innovate and  to give the best shape of this ideas. Identification of opportunity: - The viability of units means the business should identify the market needs. The entrepreneur has to do, but the consumer wants he has to produce according to needs and demands of the consumer. Selection of product on the basis of the market survey: - An entrepreneur has to select the product on the basis of the market survey, An entrepreneur should select the product keeping in view his own ca...