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.Statistics.

2.Secondary data.

3.Paasche's Index number.

4.Maximin criterion.

5.Decision making.

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

1. Decide the best decision using criteria, Maximax, Maximin, Minimin, Laplace.

S1 S2 S3

A1 30 60 20

A2 40 0 -20
 A3 65 75 50

2.If two fair dice are rolled, find the probability that the sum of the numbers appearing on the
uppermost faces of the dice is 1) greater than 7, 2) a perfect square.

3. Explain the requisites of good questionaire?