LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
B.Sc. DEGREE EXAMINATION – STATISTICS
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FIFTH SEMESTER – November 2008
ST 5502 – APPLIED STATISTICS
Date : 07-11-08 Dept. No. Max. : 100 Marks
Time : 9:00 – 12:00
SECTION – A ( 10 x 2 = 20 Marks)
Answer ALL questions.
- Define an index number. Mention its uses.
- Discuss the concept of deflating an index number.
- Define a Time series and give examples.
- List down different methods of measuring trend.
- Define total and specific fertility rates.
- Specify Pearle’s Vital index in the measurement of population growth.
- Define multiple correlation coefficient.
- Write down the formula for partial correlation coefficient r12.3.
- What is meant by financial statistics?
- Write a note on live stock statistics.
SECTION – B (5 x 8 = 40 Marks)
Answer any FIVE questions.
- What are the steps to be followed in the construction of consumer price index number?
- The following table gives the quantities and prices of five commodities for two periods. Compute the quantity and the price indices using Fisher’s formula.
Commodity | Base Year | Current Year | ||
Quantity | Price | Quantity | Price | |
A | 6 | 5 | 8 | 6 |
B | 8 | 3 | 10 | 2 |
C | 12 | 2 | 10 | 4 |
D | 2 | 8 | 2 | 7 |
E | 5 | 9 | 6 | 9 |
- What are the components of a time series? Explain them.
- The following data gives the yearly sales of a product. Compute the linear trend by the method of least squares. Estimate the trend for the year 2008.
Year | 2001 | 2002 | 2003 | 2004 | 2005 |
Sales(Lakhs) | 26 | 30 | 38 | 50 | 56 |
- What are the components of a Life Table. Explain them.
- Explain the Gross and Net Reproduction Rates.
- Discuss the functions of Central Statistical Organisation (CSO).
- Given the values of r12=0.8, r13=0.7 and r23=0.9, compute the values of R1.23 and 2.31.
SECTION-C (2 x 20 = 40 Marks)
Answer any TWO questions.
- (a). Discuss the unit test, time reversal test, factor reversal test and the circular test associated with index numbers.
(b). Construct the wholesale price index number for the years 2007 and 2008 given the following data.
Commodity | Wholesale price in rupees per quintal | ||
2006 | 2007 | 2008 | |
I | 140 | 160 | 190 |
II | 120 | 130 | 140 |
III | 100 | 105 | 108 |
IV | 75 | 80 | 90 |
V | 250 | 270 | 300 |
VI | 400 | 420 | 450 |
- (a). Discuss various methods of measuring Seasonal indices in Time series.
(b). The following table gives the cost of an item for the period of five years. Using the method of Link relatives, compute the Seasonal indices.
Quarter | Year | ||||
2001 | 2002 | 2003 | 2004 | 2005 | |
I | 60 | 62 | 65 | 70 | 72 |
II | 65 | 68 | 70 | 75 | 80 |
III | 62 | 65 | 64 | 68 | 70 |
IV | 69 | 68 | 62 | 67 | 78 |
- (a). Compute the crude and standardized death Rates of the two populations X and Y regarding X as the standard population.
Age group | Under 10 | 10-20 | 20-40 | 40-60 | Above 60 |
Population in X | 20000 | 12000 | 50000 | 30000 | 10000 |
Deaths in X | 600 | 240 | 1250 | 1050 | 500 |
Population in Y | 12000 | 30000 | 62000 | 15000 | 3000 |
Deaths in Y | 372 | 660 | 1612 | 325 | 180 |
(b). Derive the multiple regression equation of X1 on X2 and X3 in the usual notation.
- Write short notes on the following
- Partial and mulitiple correlations.
(ii) Discuss the methods of National Income estimation.
(iii) Economic census and labour statistics.
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