LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
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M.Com. DEGREE EXAMINATION – COMMERCE
FIRST SEMESTER – APRIL 2008
CO 1810 – ADVANCED BUSINESS STATISTICS-I
Date : 05/05/2008 Dept. No. Max. : 100 Marks
Time : 1:00 – 4:00
PART A
Answer all questions: (10 x 2 = 20)
- Define Harmonic mean?
- Give formula for β1?
- Explain Type I error?
- Frame equation x on y?
- What do you mean by Pascal’s Triangle?
- Discuss the Addition theorem?
- Give any two properties of Bionomical distribution?
- Differentiate large samples from small samples?
- What is ANOVA?
- Analyse the term sign test?
PART B
Answer any five questions: (5 x 8 = 40)
- Explain the BAYES’ Theorem?
- Discuss the role of poission distribution?
- For a random sample of 10 persons, fed on diet A, the increased weight in pounds in a certain period were:
For another random sample of 12 persons, fed on diet B, the increase in the same period were:
Test whether the diets A and B differ significantly as regards their effect on increase in weight.
Given the following:
- A sample analysis of examination results of 500 students was made. It was found that 220 students had failed, 170 had secured a third class, 90 were placed in second class and 20 got a first class. Are these figures commensurate with the general examination result which is the ratio of 4: 3: 2: 1 for the various categories respectively (the table value of for 3 d.f. at 5% level of significance is 7.81)?
- From the following data, obtained from a sample of 1000 persons, calculate the standard error of the mean.
If the average of the population was Rs. 42, what conclusion can you arrive at about the reliability of the sample?
- A bag contains 4 white and 6 black balls. Two balls are drawn at random. What is the probability that (a) both are white, (b) both are black, (c) one white and one black?
- Find the Median for the following frequency distribution.
- Use the sign test to see if there is a difference between the number of days until collection of an account receivable before and after a new collection policy. Use the 0.05 significance level.
Before: 30 28 34 35 40 42 33 38 34 45 28 27 25 41 36
After: 32 29 33 32 37 43 40 41 37 44 27 33 30 38 36
PART C
Answer any two questions: (2 x 20 = 40)
- a. A book has 700 pages. The number of pages with various numbers of misprints is recorded below. At 5% significant level are the misprints distributed according to Poisson law?
(14 marks)
- A problem in statistics is given to five students A, B, C, D and E. Their chances of solving it are 1/2, 1/3, 1/4, 1/5, and 1/6. What is the probability that the problem will be solved?
(6 marks)
- a. Assume the mean height of soldiers to be 68.22 inches with a variance of 10.8 inches. How many soldiers in a regiment of 1,000 would you expect is be over six feet tall? (6 marks)
- The yield of four strains of Grallipoli wheat planted in five randomized blocks in kgs per plot is given below:
| Strains | Blocks | |||||
| 1 | 2 | 3 | 4 | 5 | ||
| A | 32 | 34 | 34 | 35 | 36 | |
| B | 33 | 33 | 36 | 37 | 34 | |
| C | 30 | 35 | 35 | 32 | 35 | |
| D | 29 | 22 | 30 | 28 | 28 | |
Test for differences between blocks and differences between strains. Subtract 30 from numbers (4, 12) TV of F = 5.91.(3, 12) TVof F = 8.74. (14 marks)
- If 10% of the screws produced by an automatic machine are defective, find the probability that of 20 screws selected at random, there are
- Exactly two defectives
- At the most three defectives
- At least two defectives; and
- between one and three defectives (inclusive)
Find also the mean, variance and skewness of the number of defective screws. (use binomial distribution)
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