DECEMBER 2013 P/ID 37502/PBAB

Time : Three hours Maximum : 80 marks

PART A (5 5 = 25 marks)
Answer any FIVE questions.
All questions carry equal marks.
1. State application of decision tree in business
research.
2. Write short notes on concept of Bayes theorem.
3. Distinguish between population and sample.
4. What is a null hypothesis? Why it is formulated?
5. What are the advantages of multiple regression
analysis?
6. State the uses of cluster analysis in business
research.
7. Distinguish between average revenue and total
revenue.
8. What are the characteristics of a research report?
P/ID 37502/PBAB 2
PART B (4 10 = 40 marks)
Answer any FOUR questions.
All questions carry equal marks.
9. Explain the Hurwitz and Laplace criteria in
business decision making.
10. The distribution of typing mistakes committed by
a typist is given below. Assuming a Poisson model
find out the expected frequencies.
Mistakes per page : 0 1 2 3 4 5
Number of pages : 142 156 69 27 5 1
11. Set up an analysis of variance of the following
data :
A B C
20 20 12
10 14 18
18 16 20
8 14 22
12. Find the correlation co-efficient for the following
data :
X : 65 66 67 68 69 70 71
Y : 67 68 66 69 72 72 69
P/ID 37502/PBAB 3
13. Consumer surplus and producer surplus
Discuss with an example.
14. Explain the steps involved in planning report
writing work.
PART C (1 15 = 15 marks)
Compulsory.
15. Find the regression co-efficient for the following
data :
X 158 160 163 165 167 170 172 175 177 181
Y 163 158 167 170 160 180 170 175 172 175
Estimate Y when 164 = X .