STAT - Answer Key 2024-01-25
STAT - Answer Key 2024-01-25
STAT - Answer Key 2024-01-25
SECTION - A
Choose the correct option from the given options of 1 to 20 objective questions below
(Marks - 20)
and write the answer. (1 mark each)
1. Which prices are considered in the construction of the cost of living index number?
A. Retail price B. Average price C. Wholesale price D. Market price
2. Which consumption is used in the calculation of Laspeyre’s index number?
A. Consumption of any year B. Consumption of average year C. Consumption of current year
D. Consumption of base year
3. What is the value of r, if all the points plotted in a scatter diagram lie on a single line only?
A. -0.5 B. 0.5 C. 1 or -1 D. 0
4. What is the range of the correlation coefficient r ?
A. -1 to 0 B. 0 to 1 C. D.
5. Which of the following indicates the functional relation between the two variables?
A. Variance B. Mean C. Regression D. Correlation
6. The best fitted line of regression can be obtained by which method?
A. Bowley’s Method B. Maximum Square Method C. Karl Pearson’s Method D. Least Square
Method
7. Which type of variations are produced in the time series variable due to seasonal component?
A. Regular B. Long-term C. Zero D. Irregular
8. Which variation is shown in 'decrease in the production of a company’ due to strike?
A. Cyclical B. Seasonal C. Trend D. Random
9. What Is the other name of the classical definition of probability?
A. Geometric definition B. Statistical definition C. Axiomatic definition D. Mathematical
definition
10. What is the value of for events A and A’?
A. 1 B. 0 C. 0.5 D. between 0 and 1
11. Which variable of the following will be an illustration of continuous variable?
A. Number of children In a family B. Maximum temperature during a day C. Number of rainy
days during a year D. Number of accidents occurring at any place
12. Mean and variance of a discrete probability distribution are 3 and 7 respectively. What will be
E ( ) for this distribution?
A. 16 B. 40 C. 4 D. 10
13. For a positively skewed binomial distribution with n = 10, which of the following values might
be the value of mean?
A. 7 B. 9 C. 3 D. 5
14. For a normal variable X with mean and standard deviation , which of the following is
standard normal variable Z for it?
A. Z = B. Z = C. Z = D. Z =
15. Which of the following are mean and variance of standard normal variable?
A. Mean= 1, Varlance= 1 B. Mean =0, Variance =0 C. Mean = 1, Variance = 0 D. Mean =
0, Variance = 1
16. What Is the total area under normal curve among the following?
A. 0.5 B. 1 C. 0 D. — 1
17. What is the interval form of 0.02 neighbourhood of - 2?
A. ( - 2.02, 1.98) B. ( - 1.98, 2.02) C. ( - 2.02, - 1.98) D. (1.98, 2.02)
18. What Is the interval form of ?
A. ( - 5.25, 4.75) B. ( - 4.75, +5.25) C. ( - 5.25, - 4.75) D. (4.75, 5.25)
19. What is the formula for derivative of function f(x)?
A.
B.
C.
D.
SECTION - B
Write the answers to any 4 (four) questions out of the 6 questions from question number
(Marks - 20)
56 to 61 given below. (5 marks each)
1. Find the Paasche’s and Fisher’s index numbers for the year 2015 with the base year 2014
using the data given below:
Item A B C D E
Price(Rs.) 100 100 150 180 250
Year2014
Total expenditure 400 500 600 1080 1000
Price(Rs.) 120 120 160 200 300
Year 2015
Total expenditure 720 600 800 1000 1200
2. A local cottage industry making various snacks sells each snack in a packet of 100 gm. From
a study for price determination regarding a new kind of wafer, the following information is
obtained for the price and the demand:
Price(Rs) 24 26 32 33 35 30
Demand (thousand units) 27 24 22 20 15 24
3. The demand of an imported fruit in a local market is very uncertain. To know the relation
between the price of the fruit and its supply, a vendor collects the information about the
average price and supply for last ten months:
Average price per
65 68 43 38 77 48 35 30 25 50
unit (Rs)
Supply (hundred
52 53 42 60 45 41 37 38 25 27
units)
Find the rank correlation between the average price and the supply.
4. To know the relationship between the heights of father and sons, obtain the regression line of
height of son on the height of father from the following information of eight pairs of fathers and
adult sons:
Height of father (cm)
167 169 171 168 173 166167165
x
Height of son (cm) y 158170169172170168164167
Estimate the height of a son whose father’s height is 170 cm.
5. The average monthly closing prices of shares of a company in the year 2016 are given in the
following table. Find the trend using four monthly moving averages.
Month Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec
Share price (Rs) 253 231 350 261 262 266 263 261 281 278 278 272
6. The number of two wheelers registered (in thousand) in a city in different years is as follows.
Use the method of fitting linear equation to these data to obtain the estimates for the number
of vehicles registered in the year 2016 and 2017. Also find the trend values for each year.
Year 2010 2011 2012 2013 2014 2015
No. of vehicles
69 75 82 91 101 115
(thousand)
Subject : STAT Exam Time : 1 HOUR
Standard : 12 (EM) ANSWERS Date : 26/01/2024
Chapter : ALL Marks : 40
SECTION - A
Choose the correct option from the given options of 1 to 20 objective questions below
(Marks - 20)
and write the answer. (1 mark each)
1. Retail price
2. Consumption of base year
3. 1 or -1
4.
5. Regression
6. Least Square Method
7. Regular
8. Random
9. Mathematical definition
10. 0
11. Maximum temperature during a day
12. 16
13. 3
14. Z =
15. Mean = 0, Variance = 1
16. 1
17. ( - 2.02, - 1.98)
18. (4.75, 5.25)
19.
20. a
SECTION - B
Write the answers to any 4 (four) questions out of the 6 questions from question number
(Marks - 20)
56 to 61 given below. (5 marks each)
1. IP = 115.2, IF =115.14
2. r = -0.90
3. r = 0.54
4. and for a father’s height x = 170 cm, estimate of height of the son
(cm)
5. Month Jan Feb March April May June July Aug Sep Oct Nov Dec
Four yearly
- - 274.88 280.38 273.88 263 265.38 368.25 272.63 275.88 - -
moving average
6. , = 120.54 thousand for year 2016 = 129.6 thousand for year 2017
Year 2010 2011 2012 2013 2014 2015
Estimsted values of trend(thousand vehicales) 66.18 75.24 84.3 93.36 102.42 111.48