Assignment BBA III

Business Statistics
1. What is Statistics ?How do you think that the knowledge of statistics is
essential in management decision .Give examples

2. The frequency distribution of weights in grams of mangoes of a given variety

is given below .calculate mean and median.

Weight 410-419 420-429 430-439 440-449 450-459 460-469 470-479

in gms
No of 14 20 42 54 45 18 7
mangoes
3. In the following grouped data x are the mid –values of the class intervals and
c is a constant .If the A.M of the original distribution is 35.84 find its class
interval.

x-c -21 -14 -7 0 7 14 21 total

f 2 12 19 29 20 13 5 100

4. (a)The average monthly wage of all the workers in a factory is 444 .If the
average wages paid to male and female workers are Rs.480 and Rs.360
respectively, find the percentage of male and female workers employed by the
factory.

(b)Mohan lends a sum of Rs.10000 for 5 years to Ramesh on the condition

that after 5th he will return Rs.12294. Find the average rate of interest.

5.(a)A train starts from rest an travels successive quarters of mile at an average
speed of 12,16,24 & 48 per hour .The average speed over the whole mile is
19.2 m.p.h and not 25 m.p.h comment.

(b)The bacterial count in a certain culture increased from 1000 to 4000 in 3 days.
What was the average percentage increase per day

6.Calculate mode from following data

Income (above) 0 10 20 30 40 50 60 70
No of persons 100 87 73 60 44 20 10 5

7.Calculate the lower quartiles,6th deciles&75 percentile from the following data

Marks (less than) 80 70 60 50 40 30 20 10

No of students 100 90 80 60 32 20 13 5
 8.Find out missing frequency if mean is 21.9:

Class 0-2 0-20 0-30 0-40 0-50

Frequency 2 6 10 ? 13
9.The median &mode are 25 &24 respectively find the missing frequencies and
A.M.

Expenditure 0-10 10-20 20-30 30-40 40-50

No of families 14 ? 27 ? 15

10. Calculate quartile deviation , mean deviation from mean and mode and its
coefficient from data below .

11. Calculate mean & standard deviation.

Class 50-53 53-56 56-59 59-62 62-65 65-68

Fi 2 7 24 27 13 3
12. Calculate standard deviation.

x 40 60 80 100 120 140 160

f 2 5 2 4 4 3 1
13.
Compare the height of urban children & rural children in the given below

Scores 10-20 10-30 10-40 10-50 10-60 10-70 10-80

F 15 25 37 58 69 80 100

14. Below are the figures of production (in thousand) of a sugar factory .obtain
trend by fitting straight line.

Years 1990 1991 1992 1993 1994 1995 1996

Production 12 10 14 11 13 15 16
Height 60 61 62 63 64 65 66 67 68
Urban children 4 13 28 44 32 30 26 19 4
Rural children 2 6 11 21 33 46 36 29 16

15. A company wants to assess the impact of R &D expenditure (Rs in 1000s)on
its annual profit (Rs in 1000’s).
The following table presents the information for the last eight years :

Year 2001 2002 2003 2004 2005 2006 2007 2008

R& D
exp. 9 7 5 10 4 5 3 2
annual
profit 45 42 41 60 30 34 25 20

Find the Karl Pearson coefficient of correlation.

16. What do you mean by correlation & regression .Also writes the difference
between them.

17. Find the correlation coefficient between advertising expense and sales.
Also find sales when advertising expense is 60 lakhs.
(Figures in Rs lakhs)

Company 1 2 3 4 5 6 7 8 9 10
Advertising expense 50 15 40 80 65 35 75 50 60 70
sales 210 180 200 400 300 230 350 300 280 380

18. Fit the straight line trend by least square method and find sales for the year
2013 .
Year 2001 2002 2003 2004 2005 2006 2007 2008 2009
Sales 48 55 63 65 72 84 90 87 82

19. What do you mean by trend ,what are its major components.
20. Why Index Number are known as economic barometer.