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MQP Keys - MBF103 - Statistics For Management
MQP Keys - MBF103 - Statistics For Management
(4 Credits)
Group A
c. np, npq
d. np npq
28. The Poisson variate assumes values from
a. - to +
b. O to n
c. - to n
d. 0 to
29. In short time we gather information about population by
a. Enumeration
b. Counting
c. Sampling
d. Observation
30. A sample design that permits us to obtain tests and estimation about population parameters is called
a. Bernoulli principle
b. Principle of validity
c. Principle of persistence of small numbers
d. Principle of optimization
31. Sampling errors are also known as
a. Inherent error
b. Forced errors
c. Reading errors
d. Measurement errors
32. Standard error of mode is 1.20 and that of median is 1.02, then efficient estimator is
a. S.D
b. Mean
c. Mode
d. Median
33. If the population value follows normal distribution then to have 95% confidence interval for estimate
we use
a. Z = 1.645
b. Z = 2.05
c. Z = 1.96
d. Z = 2.58
34. Suppose we want to test the Null hypothesis that the population mean is 300, it is symbolized as
a. H0: = 300
b. HA: = 300
c. H0: > 300
d. H0: < 300
d. (0 – E) / E
2
(b) We have temperature of a malaria patient at 1 hour interval for the last 2 days
(c) We have data on equity share value of a company for the last one year
45. Classifications done on the basis of attributes blindness and region are known as
Freq 15 10 8 12 16 9
a. 35.44
b. 34.8
c. 33.2
d. 40
Freq 10 12 15 10
a. 159.7
b. 160.3
c. 162.1
d. 165.9
a. A = {1, 2} B = {2, 3}
b. A = {1, 2} B = {3, 4}
c. A = {1, 1} B = {2, 1}
d. A = {2, 1} B = {2, 2}
th 12
49. The 5 term in the expansion of (q+p) are
5 10
a. 12C5 q p
10 5
b. 12C6 q p
5 8
c. 12C5 q p
8 4
d. 12C4 q p
a. Number of leaves in three month old plants of same type and throwing a die infinite
b. Number of leaves in three month old plants of same type and tossing a coin once
52.
Testing of hypothesis
a. Proves H0 is true
c. Accepts or Rejects H0
d. Accepts HA
a. 1 / F (2 , 1)
b. F (2 , 1)
c. 1/F(2)
d. 1 / F (1)
54. Correlation is said to be linear and non-linear if
b. The ratio of change between the variables is constant and change in one variable is
a. Understanding the past, determining the phase of business activity to be measured, selection and
complication of data, Analysis
b. determining the phase, analyzing data, determining the phase of business activity,
c. Determining the phase of business activity to be measured the phase, analysis and
d. Determining the phase of business activity to be measured, the phase selection and compilation and
analysis
x
a. Y = (ab)
b
b. Y = ax
x
c. Y = ab
d. Y = a log x
b. Variations in time series that are periodic in nature and occur regularly over short
c. Variations in time series that are periodic in nature and occur regularly
d. Variations in time series that are not periodic in nature and occur regularly
60. The index number for 1998 is 120 and for 2002 is 150. Then index number 1998 calculated with 2002 as
base year is
a. 75
b. 80
c. 115
d. 120
Group C
61. An advertising agency mailed 100 questionnaires to the viewers to know the impact level of the
advertisement. It received only one questionnaire back. Choose the correct combination below.
d. It is not confidential
a. Oral interview
b. Telephonic interview
c. Mailed questionnaire
d. Schedule
a. Census method
b. Sampling method
d. Complete enumeration
a. Uneducated respondents
b. Unnecessary questions
c. Confidential questions
d. Superfluous questions
62. A hospital wants to start some new department for treating patients. Since the cost will be high they
decide to estimate the return.
c. Patients
a. Primary source
b. Secondary source
a. Net Return
b. Total Return
d. Break-even point
63. There are 200 employees in a firm. 81 of them are Male and the rest Female. 12 of them are Doctorates
53 of them are Graduates and the rest Post graduates. Education level of females are as follows: 8
doctorates 89 Post graduates and the rest graduates
d. Difficult to say
a. Text form
b. Quantitative form
c. Tabulation
d. Classification
a. Table 1
Doctorates 4 8 12
P.G 31 22 135
Graduates 46 89 53
81 119 200
b. Table 1
P.G 46 89 135
Graduates 31 22 53
81 119 200
c. Information insufficient
d. Table 1
Doctorates 4 8 12
P.G 56 84 140
Graduates 21 27 48
81 119 200
a. c
b. b
c. d
d. a
iv. Tabulation
64.
Study the following table to answer sub questions (i) to (iv)
Amount (Rs’000) 10 25 20 45
a. Body
b. Table No
c. Caption
d. Stub
a. 200
b. 180
c. 100
d. 250
d. Frequency curve
iv. The type of classification is
a. Manifold
b. Two-way
c. Geographical
d. One-way
65. Mr. Anil goes to a supermarket. He purchases 8 pieces of item A @ Rs.5/- each, 12 pieces of item B @
Rs.10/- each, 15 pieces of item C @ Rs.20/- each, 10 pieces of item D @ Rs.15/- each and 6 pieces of item
E @ Rs.12/- each.
Freq 8 27 16
Freq 15 20 16
c. Rs. 5 10 12 15 20
Freq 8 12 6 10 15
d. Pieces X 8 12 6 15 10
Freq 5 10 12 15 12
a. Table b
b. Table c
c. Table d
d. Table a
b. Continuous
c. Relative
d. Cumulative
a. 750
b. 682
c. 650
d. 600
a. 12.05
b. 13.88
c. 14.88
d. 13.37
66. A sales manager has ten salesmen working under him. He moves with them closely and know the
strengths and weakness of each. Under any new circumstances he knows that Rama, Ramu, Ranga and
Rathan will succeed in the ratio 2:3:4:6
a. 2 / 15
b. 3 / 15
c. 4 / 15
d. 6 / 15
a. 18 / 225
b. 25 / 225
c. 20 / 225
d. 4 / 75
a. 7 / 15
b. 6 / 15
c. 8 / 15
d. 10 / 15
a. Classical
b. Statistical
c. Subjective
d. Axiomatic
67.
In a Binomial distribution p = 0.4 and n = 6 then
i. P(x = 0) is
a. 0.062
b. 0.078
c. 0.78
d. 0.008
ii. P(X 4) is
a. 0.007
b. 0.006
c. 0.008
d. 0.010
iii. P(X 1) is
a. 0.1202
b. 0.1313
c. 0.1296
d. 0.1206
iv. P(X = 3) is
a. 0.029
b. 0.291
c. 0.009
d. 0.019
68. From a population whose mean is 40, a random sample of 10 are taken. The sample mean
is 39.2 and S.D 4.
b. 10, 40 0
c. 40, 39.2, 40 0
d. 40, 39.2 1
a. 0.9 0
b. 1.33 1
c. 1.25 0
d. 2.0 0
a. Confidence value 0
b. Internal estimate 0
c. Point estimate 1
d. Parameter 0
b. Accuracy is sufficient
d. Reliability is sufficient
70.
Mean of a sample size of 15 is 40. Its standard deviation is 8
a. 2.14
b. 1.42
c. 1.33
d. 1.25
ii. The standard deviation being same, for the standard error to be 1.07, the sample size
should be
a. 50
b. 30
c. 57
d. 38
a. 40 3.2
b. 40 4.6
c. 40 5.0
d. 40 3.5
a. 40 3.1
b. 40 4.2
c. 40 5.1
d. 40 3.8
71.
Given
Observed frequency 7 10 12 11
Expected frequency 4 8 15 13
i. (0-E) value is
2
a. 26
b. -26
c. 0
d. 14
a. 4.02
b. 3.66
c. 3.94
d. 3.51
a. 3
b. 4
c. 2
d. 5
a. 3.84
b. 7.91
c. 11.12
d. 5.99
72. Out of 1400 people 800 belonged to Rural area out of 700 people 200 from urban liked a
new movie
a.
b.
c.
d.
a. Table c
b. Table b
c. Table d
d. Table a
a. 400
b. 300
c. 600
d. 450
2
iii. (0-E) for the cell (urban disliked) is
a. 25
b. 0
c. 16
d. 36
iv. The degrees of freedom for the test is
a. 4
b. 2
c. 1
d. 3
73. A Business man would like to know what is Business forecasting. He has the following
doubts
b. Buying Mango
c. Share prices
b. To reduce wastages
c. To reduce labour effort
74.
i. The export and import statistics of leather and leather related goods acts as a barometer for
c. Specific individual
a. Local people
b. Some states
75. Mr.Ekabaram, the engineer of the firm, feels that the best fit for the following production data will be a
2
second degree equation, Viz Y = a+bx+cx the data is
No. of workers 25 28 33 39 45
i. The value of b is
a. 6.1
b. 5.1
c. 5.5
d. 6.5
a. 55
b. 60
c. 65
d. 70
iii. The value of C is
a. 0.7
b. 0.6
c. 0.5
d. 0.4
2
a. Y = 33 + 5.1x + 0.5x
2
b. Y = 32 + 0.5x + 5.1x
2
c. Y = 33 + 0.56x + 4.8x
2
d. Y = 34 + 0.56x + 4.8x