Tamil Nadu Open University (TNOU) 2009 M.Com Commerce Applied business statistics - Question Paper
wk 9
PG-221
M.Com. DEGREE EXAMINATION JUNE 2009. (AY 2003 and CY 2004 batches only)
MCO-5
First Year APPLIED BUSINESS STATISTICS Time : 3 hours Maximum marks : 75
PART A (3 x 5 = 15 marks)
Answer any THREE questions.
All questions carry equal marks.
1. What is meant by stratified random sampling? and explain when it is to be used?
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2. Write a short note on standard error of estimate.
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3. Discuss various theorems of Probability.
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4. The incidence of occupational disease in an industry is such that the workmen have 20% chances of suffering from it. What is the probability that out of six workmen 4 or more will contact the disease?
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5. The simple co-efficient correlations between two variables out of three are as follows r12 = .8, 713 = .7 r23 = 0.6.
Find the partial co-efficient of correlations r12.3 .
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PART B (4 x 15 = 60 marks)
Answer any FOUR questions.
All questions carry equal marks.
6. A can solve the 90 percent of the problems given in a book and B can solve 70 per cent of the problems given in the book and C can solve 60 per cent of problems given in the book. What is the probability that atleast one of them will solve the problem selected at random.
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7. The number of defects per unit in a sample of 330 units of manufactured product was found as follows :
No of 0 1
2 3 4
20 3 1
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No. of 214 92
Units
Fit a Poisson distribution to the data and test for goodness of fit.
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8. Calculate the Spearman Rank Correlation co-efficient for the following data.
X : 22 28 31 23 29 31 27 22 31 18
Y : 18 25 25 37 31 35 31 29 18 20
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X : 22 28 31 23 29 31 27 22 31 18
Y : 18 25 25 37 31 35 31 29 18 20
9. You are supplied the with the following data only Variance of x = 9 Regression equation :
40X - 5Y + 33 = 0
20X - 9Y - 107 = 0
Find the mean values of X and Y
The standard deviation of Y and The Co-efficient of correlation between X and Y.
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10. The figures relates to the number of refrigerators sold by 4 salesmen in three months is given below
May |
16 |
8 |
12 |
14 |
June |
14 |
10 |
10 |
6 |
July |
4 |
10 |
8 |
8 |
Do the data indicate that the sales in the three months are significantly different (Given F value for 2 and 10 d.f. at 5% lelvel of confidence 3.98)
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11. The Rural Bank is reviewing its service charges and interest paying policies on cheque accounts. The bank has found that the average daily balance on personal cheque accounts in Rs. 550.00, with a standard deviation of Rs. 150.00. In addition, the average daily
balances have been found be normally distributed.
(2 values are 0.33=0.1293, 1.66=0.4515 2.33=0.4898).
(a) What percentage of personal cheque account customers carry average daily balances in excess of Rs. 800.00?
(b) What percentage of customers carries a balance Rs. 200.00 or lower?
(c) What percentage of customers carries a balance of more than Rs. 600.00 and less than Rs. 800?
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12. Explain the multivariate analysis and uses in managerial decision making.
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7 PG-221
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