Cost QB

UNIT 1
a) Define: i) Range ii) Deciles iii) Variance iv) Geometric Mean v) Percentiles vi)
IQR vii) Quartile
b) Calculate mode for following data giving amount of purchases by 100 customers:
Amount 4 - 6 6 - 8 8 - 10 10 - 12 12 - 14 14 - 16
Customers 5 10 30 25 20 10
c) Calculate third Decile D3 from the following:

X 0-5 5 - 10 10 - 15 15 – 20 20 - 25
F 7 18 25 30 20
d) Calculate S.D. and Variance of given data: 120, 60, 80, 20, 100, 40, 140
e) Explain- central tendency ‘Mode’
f) Find coefficient of range of given data:
80, 90, 60, 63, 68, 61, 67, 65, 100, 75, 89, 84, 86
g) Calculate the second quartile Q2 from the given data:
Marks 0 - 10 10 - 20 20 - 30 30 - 40 40 - 50 50 - 60
No. of students 10 20 30 50 40 30
h) Calculate coefficient of standard deviation and coefficient of variation if sd and mean are
1.516 and 9 respectively.
i) Calculate the mean deviation from mean for given distribution:
X 7 8 9 10 11 12 13
F 14 10 8 17 5 4 1
j) Define Geometric Mean. Also find G.M. of 10, 40 and 160

k) Define Harmonic Mean. Also calculate H.M. of the data: 250, 12, 4.5, 119.5, 30, 42,
35.4, 75.
l) Explain --- measure of central tendency ‘Mode’ with example.
UNIT 2
a) Define Kurtosis. Explain its types with suitable diagram.
b) Explain - Sampling theory
c) Calculate coefficient of Skewness and state nature of distribution
when Q1 = 10.5, Q2 = 22.7 and Q3 = 31.5
d) Find the probability that a single toss of a die will result in a number less than 4 if it is
given that the toss resulted in an odd number.
e) A random variable X has the following probability distribution:
x 0 1 2 3 4 5 6 7 8
P(x) a 3a 5a 7a 9a 11a 13a 15a 17a
Determine i) value of a ii) P(X < 3) iii) P(0 < X < 5)

f) Compute coefficient of Skewness and state nature of distribution
if mean = 32, median = 27 and variance = 50
g) Evaluate 50! using Stirling’s Approximation formula.
h) A couple has 2 children. Find the probability that both are boys, if it is known that the
elder child is a boy.
i) In a group of 50 persons, 14 drink tea but not coffee and 30 drink tea. Create a Venn
diagram and determine the probability that if a person is selected at random:
i) drinks tea and coffee both ii) drinks coffee but not tea.
j) Note on measure of central tendency ‘Median’
k) Define Skewness. Explain its types with suitable diagram.
UNIT 3
a) Differentiate the following

(i) Parameter and Statistic.
(ii) Population and Sample.
b) Explain -- Statistical Hypothesis in detail and its types
c) One Tailed test and Two Tailed test in Statistical Decision theory.
d) Complete the following:
Confidence level z-value
80% ------
------ 1.645
------ 1.96
99% ------
100% ------
e) Define Hypothesis. Complete the following:

Decision True False
Reject H0 ____ ____
Not Reject H0 ____ ____
f) A survey of 40 retired women revealed the mean age at which their income was
maximum to be 45 years with a S.D. of 6.3 years. Find 95 % confidence limits for the
mean age of earnings of women .who survive till they retire.
g) Estimate the average weight of the bolts produced by a machine on the basis of a 10
samples having weights (in gms): 5.10, 4.98, 5.03, 4.99, 5, 5.07, 5.04, 5.03, 4.91, 4.97
h) Explain types of Errors in Statistical Decision theory.
i) Draw the classification of Statistical Analysis
j) The runs scored by a team in five completed innings out of 20 innings are 286, 334,
420, 274 and 189. Estimate the average runs scored by the team in all the complete
innings in the year 1996.
k) A sample of 60 typical round trips of a truck of a transport company showed the mean
time of 50 hours with a S.D. of 4 hours. Find the 100% confidence limits within which
the mean time required for the round trip lies almost certainly.
UNIT 4
a) Properties of t-distribution, Chi-square distribution.
b) Test procedure of Chi-Square test.
c) Calculate the Chi-Square variate using Yate’s correction from given Contingency
table.
Health Conditions Yes No
Improved 71 42
Not Improved 49 78
d) Steps for test procedure of t-distribution.
e) Calculate the Variance(x), Mean(x) and Mode(x), where x is a chi-square variate with
S.D. of 10.
f) If x is a chi-square variate with standard deviation 4. Find the Variance, Mean and
Mode of x.
g) State the difference between t-test and Z-test.
h) Calculate the value of Chi-square variate using Yate’s correction if a=11, b= 31, c=14,
d=4.
i) Explain the use of Chi-Square variate 𝑥 2 in a test of goodness of fit.
j) Data represent the last digit of 180 scooter passing through signal, calculate the value
of Chi-Square variate.
Last Digit 0 1 2 3 4 5 6 7 8 9
Frequency 12 20 14 12 21 18 17 26 19 21
i) A survey of a sample of 25 graduating students is conducted and they got average

GPA of 3.2. The S.D. of sample is 4. Over the last 10 years the average GPA has been 3,
hence calculate the value of t- statistic.
UNIT 5
a) Find the equation of straight line if the line passes through the points A(3, 4) and B(2,
-2). Also find x-intercept and y-intercept.
b) Define Correlation. Explain its types and scatter diagram.
c) Find the coefficient of correlation for the given data and state type of correlation.
x 2 5 8 10 6 3 1
y 4 6 7 8 5 4 3
d) Find the Regression line of y on x for given data.

e) If r = 0.8 then calculate the coefficient of determination and coefficient of non-
determination.
f) Find the equation of the least-squares line of y on x for given data.
Year 2000 2001 2002 2003 2004 2005 2006
Marks 265 270 280 290 300 320 310
g) Find the coefficient of determination and coefficient of correlation if explained

variation is 19.214 and unexplained variation is 19.703
h) Draw the graph using Freehand method of curve fitting and measure the trend in year
2016 from given data.
Year 2010 2011 2012 2013 2014
No. Cars Sold (in Thousands) 11 30 38 50 56

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UNIT 1

c) Calculate third Decile D3 from the following:

j) Define Geometric Mean. Also find G.M. of 10, 40 and 160

P(x) a 3a 5a 7a 9a 11a 13a 15a 17a

Determine i) value of a ii) P(X < 3) iii) P(0 < X < 5)

a) Differentiate the following

e) Define Hypothesis. Complete the following:

Reject H0

Not Reject H0

i) A survey of a sample of 25 graduating students is conducted and they got average

d) Find the Regression line of y on x for given data.

Marks 265 270 280 290 300 320 310

g) Find the coefficient of determination and coefficient of correlation if explained

No. Cars Sold (in Thousands) 11 30 38 50 56

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