Punjab College, Sambrial Assignment: Value of Mode?
Punjab College, Sambrial Assignment: Value of Mode?
Punjab College, Sambrial Assignment: Value of Mode?
Assignment
Subject: Business Statistics Class: I.Com Part-II
Time Allowed: 5 hours
1. Write short answers to the following questions.
1) Write two merits of median.
2) For a certain frequency distribution, the value of Mean is 15 Median is 20 what will be
value of Mode?
3) Define composite index number.
4) Define Chain Base Method.
5) Differentiate between link relative and price relatives.
6) Find A.M given that x=10+5u, ∑fu=46 and n=125.
7) Calculate A.M using Indirect Method from the data: 5, 10, 15, 5, 7, 3, 20, 40, 0, 35.
8) Find Mean from the following distribution.
f 5 15 20 12 3
x 60 61 62 63 64
9) Define median.
10) Write any two properties of A.M.
11) Define simple index.
12) Define arithmetic mean.
3. Compute chain index using median as an average for the following data.
9. Calculate price index numbers for 2001 to 2004 by taking 2001 as base using simple
aggregative and simple average method.
Prices
Years A B C
2001 18 85 52
2002 22 76 60
2003 28 80 66
2004 31 85 80
10. Calculate price index number for given data:
iv. By taking 1990 as base
v. By taking average of first 3 years as base
vi. By chain base method
Years 1990 1991 1992 1993 1994 1995
Price 65 72 75 80 85 82
11. From the following data compute chain index numbers using mean as average.
Year A B C
1991 8.50 9 11.42
1992 8.25 8.5 10.63
1993 10.20 8 12.50
1994 10.58 7.5 9.78
1995 9.50 7 10