LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
M.Com DEGREE EXAMINATION – COMMERCE
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FIRST SEMESTER – NOV 2006
CO 1810 – ADVANCED BUSINESS STATISTICS-I
Date & Time : 02-11-2006/1.00-4.00 Dept. No. Max. : 100 Marks
SECTION – A
Answer ALL the questions (10 x 2 = 20 marks)
- Give the formula for Geometric mean.
- Define Skewness
- State the three axioms of probability.
- Give the expression for expectation in the case of random variables X.
- State any two properties of normal distribution.
- Define null hypothesis
- Define probability of Type-I error
- Give the test statistic for testing equality of two means when n>30?
- Explain the non-parametric test
- Define probability
SECTION – B
Answer any FIVE questions (5 x 8 = 40 marks)
11.Calculate arithmetic mean from the following data
Marks scored: 0-10 10-20 20-30 30-40 40-50 50-60
No. of students: 5 10 25 30 20 10
- A perfect dice is tossed twice. Find the probability of getting (i) a total of 9 (ii) a total is
multiple of 3 (iii) a total of 5 (iv) a multiple of 6.
- Two boxes contain 12 white and 18 black and 15 white and 25 black balls respectively. One
box was taken at random and a ball was taken from the same. It is a black ball. What is the
probability that it is from the first box?
- A random variable x has the following probability function.
X 0 1 2 3 4 5 6 7
P(x) 0 k 2k 2k 3k k2 2k2 7k2+k
- Find k (ii) P(x<6) (iii) P (x ³6).
- Five coins are tossed 3,200 times, find the frequencies of the distribution of heads and tails
and tabulate the results in a binomial.
- A college conducts both day and night classes intended to be identical. A sample of 100 day
students yields examination results as = 72, , and a sample of 200 night students
as = 73.9 and Are the two means statistically equal at 10% level?
- Two sets of ten students selected at random from a college were taken: one set was given
memory test as they were and the other was given the memory test after two weeks of
training and the scores are given below:
Set A: | 10 | 8 | 7 | 9 | 8 | 10 | 9 | 6 | 7 | 8 |
Set B: | 12 | 8 | 8 | 10 | 8 | 11 | 9 | 8 | 9 | 9 |
Do you think there is nay significant effect due to training? (null and alternative
hypothesis should be stated (Given t = 2.10 at df =18, a = 0.05).
- 200 digits are chosen at random from a set of tables. The frequencies of the digits are as
follows:
Digit: 0 1 2 3 4 5 6 7 8 9
Frequency: 18 19 23 21 16 25 22 20 21 15
Use x2 test to assess the correctness of the hypothesis that the digits were distributed in
equal numbers in the tables from which they were chosen. (df @ 5% x2 =16.92)
SECTION – C
Answer any TWO questions (2×20=20 marks)
- a) Three urns contain respectively 3 green and 2 white balls, 5 green and 6 white balls and 2 green and 4 white balls. One ball is drawn from each urn. Find the expected number of white balls drawn out. (12 marks)
- b) Two cards are drawn at random with replacement from a box which contains four
cards numbered 1, 1, 2 and 2. Let X denote the sum if the numbers shown on the
two cards. Find the distribution of X. Also find E(X) and var (X). (8 marks)
- a) After correcting the proofs of the first 50 pages of a book, it is found that on the
average there are 3 errors per 5 pages. Use Poisson probabilities and estimate the
number of pages with 0,1,2,3 errors in the whole book of 1000 pages (e-6 = 5488).
(12 marks)
- b) Three samples below have been obtained from normal populations with equal variances.
Test the hypothesis at 5% level that the population means are equal.
8
10
7
14
11
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7
5
10
9
9
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12
9
13
12
14
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The table value of Fat 5% level = 17 is 3.88. (use One Way ANOVA) (8 Marks)
21 .a) Find the equation of regression lines for the following data.
X | 25 | 28 | 35 | 32 | 36 | 36 | 29 | 38 | 34 | 32 |
y | 43 | 46 | 49 | 41 | 36 | 32 | 31 | 30 | 33 | 39 |
(12marks)
- b) Two salesmen A and B are working in a certain district. From a sample survey
conducted by the Head office, the following results were obtained. State whether
there is any significant difference in the average sales between the two salesmen:
A | B | |
No. of sales
Average sales (in Rs.) Standard Deviation (in Rs.) |
20
170 20 |
18
205 25 |
(8 marks)