Bharat friends Association's

BHARAT COLLEGE OF ARTS & COMMERCE, BADLAPUR(W)

INTERNAL CLASS TEST

SUBJECT:BUSINESS STATISTICS DATE:

CLASS: F.Y.B.M.S MARKS: 20

Q.1 FILL IN THE BLANKS: (10)

1. Probability has ______________- unit of measurement.

2.A statiscal experiment means ____________.

3.In decision making problems there is only one decision maker & _______Alternatives.

4.A data collection on numerically measurable characteristics is known as __________.

5.With respect to time series data,variation which cannot be predicted is called _________.

6.Maximum criterion is a decision making under ________.

7.The data collected for first time is called ____________.

8.There are _____ components of time series.

9.The ____________ variation occur due to seasonal changes in time series.

10.Least square method is used to compute _________.

Q.2 EXPLAIN THE FOLLOWING CONCEPTS: (5)

1.Primary data.

2.Index number and their types

3.Time series.

4.Fishers Index number.

5.Statistics

Q.3 Attempt any two of the following: (10)

1. Draw a Histogram to represent the following data:

Income (in Rs) Number of families

10000-20000 27

20000-30000 30
 30000-40000 45

40000-50000 25

50000-60000 18

2. From a well-shuffled pack of cards,a card is drawn at random, Find the probability that the
card drawn is 1)an Ace, 2) a heart card, 3) a king of hearts

3.Explain the method of collecting primary data.