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SECTTON . A 1.An analysis of the hourly wages paid to workers in two firms A and B belonging to the same industry gives the following results: Number of wage-earners Average hourly wage Variance of the distribution of wage Firm A 586 Firm B 648 Rs.47.5 121

Rs.52.5

100

(a)Which firm, A or B pays out the larger amount as hourly wages? (b)In which firm A or B, is there greater variability in individual wages? 2. Bag A contains 2 white and 3 red balls and bag B contains 4 white and 5 red balls. One ball is drawn at random from one of the bags and is found to be red. Find the probability that it was drawn from bag A. conditional probability problem. P[bag A & red] = [1/2][3/5] = 3/10 = 27/90 P[bag B & red] = [1/2][5/9] = 5/18 = 25/90 P[red] = sum of the above = 52/90 P[bag A | red] = P[bag A & red] / P[red] = 27/52 3. What do you understand by probability sampling ? Describe stratified and cluster sampling Designs. What is the difference between a cluster and a strata ? 4. A course in Quantitative Applications is taught to L2 students by conventional classroom procedure. A second group of 10 students was given the same course by programmed materials. The same examination was given to each Soup at the end of the course. The 12 classroom students scored 85 marks on an average with the standard deviation 4, while 10 students using programmed material scored SL marks on an average with a standard deviation of 5. Test whether the two methods of learning are equally effective? Use 0.10 level of significance. 5. The information given below relates to the advertisement and sales of a company (in lakhs of Rupee ) Advertisement Expenditure (X) 20 3 Sales (Y) 100 12

Arithmetic Mean Standard Deviation

0410 < p < 0.32-0. (b) What should be the advertisement expenditure if the company wants to attain sales target of Rs 120 lakhs ? 6.68/500) = 0. Find a 95% confidence interval for the actual proportion of people who preferred seafood. In a random sample of 500 people of a city. Solve the following system of linear equations using matrices 2x+3y+3Z=5 x .96*sqrt(0.0410 8.Write short notes on any three of the following : (a) Marginal Revenue (b) Exponential Smoothing (c) Less than type Ogive (d) Probability density Function (pdf) (e) Significance level SECTTON – B 7.8 (a) Find the two regression equations.Correlation coefficient between X & Y = 0.0410 ---95% CI: 0. p-hat = 160/500 = 0. it was found that 160 preferred seafood.32+0.32*0.4 3x-y-2z=3 .32 --ME = 1.2y + z = .

5-37. B. Then P(E1) = 25/100.5-40.5 14 34. A bolt is drawn at random and is found to be defective.P(E/E1) + P(E2).Term-End Examination December. P(E/E1) = 5/100. Of their output 5%.5-43. P(E/E2) = 4/100. P(E2/E) = [P(E2).5 24 Over 43.The following data describes the age at which employees reach to the level of 'senior manager' in a multinational company Age in years No of people reaching the level Below 34.P(E/E2)]/[P(E1). Therefore. E2 and E3 be the event of drawing a bolt produced by the Machines A.5 95 40. 35% and 40% of the total production. A 1. P(E/E3) = 2/100. P(E2) = 35/100.P(E/E3)] = [(35/100)(4/100)]/[(25/100)(5/100) + (35/100)(4/100) + (40/100)(2/100)] = [35×4]/[25×5 + 35×4 + 40×2] . 2009 MS-8: QUANTITATIVE ANALYSIS FOR MANAGERIAL APPLICATIONS SECTTON . machines A. Let E1.5 60 37. B and C respectively.P(E/E2) + P(E3). In a bolt factory. What is the probability that it is manufactured by machine B ? Solution : Let E be the probability of drawing defective bolt. C manufacture respectively 25%. 4% and 2% respectively are defective bolts. P(E3) = 40/100.5 7 Find the quartile deviation 2.

(f )Power curve of a test. It is desired to know how many out of 18000 families have a weekly income of Rs.] 3. 70 at Kolkata from the following data Average Price in Kolkata Rs. 2.Write short notes on any three of the following : a)Cramer's Rule.62 where the measurements are in inches.8 s1= 2. b)Exponential Smoothing. 67 Standard Deviation of prices in Kolkata Rs. 500 or less. 4. d)Cumulative Density Function (cdf) of a e)continuous random variable.Describe the design of stratified sampling. In a study to test whether there is difference between the average heights of adult females born in two different countries. random samples yielded the following results.05 level of significance to test the difference between the average heights.5 Correlation coefficient between two + 0.7 x2 = 61.5 Standard Deviation of prices in Mumbai Rs. What is a strata ? Discuss about proportional allocation and disproportional allocation. SECTION-B 7. n1 = 120 n2 =150 x1= 62. .8 prices in two towns 6.= 140/(125 + 140 + 80) = 140/345 = 28/69. 3. Of these 840 families 206 families were found to have a weekly income of Rs. Use 0.[Ans.Find the most likely price of commodity A in Mumbai corresponding to the price of Rs.50 s2 = 2. 65 Average Price in Mumbai Rs. 500 or less. 5.In a locality containing 18000 families a sample of 840 families was selected at random. Use 3 sigma limits. c)More than type ogive.

What are the steps involved in hypothesis testing ? Discuss the two types of errors in testing of hypothesis.A tour operator charges Rs.8. 136 per passenger for 100 passengers with a discount of Rs. 1. The company proposes to increase the annual subscription and it is believed that for every increase of Re. one subscriber will discontinue the service. Explain Hypothesis testing. Find what increase will bring maximum revenue to the company. 3. 4 for every group of 10 passengers in excess of 100. The probability of husband's selection is 1/7 and that of wife's selection is l/5. 2. 400 per subscriber per year. December. What is the probability that .A husband and wife appear in an interview for two vacancies in the same post.A telephone company in a town has 1000 subscribers on its list and collects a fixed charge of Rs. 2OO8 SECTION A l. Determine the number of passengers that will maximize the amount of money the tour operator receives.

can it be concluded that the model appeal is independent of the agegroups? (Given v = 3.(a) both of them will be selected ? (b) only one of them will be selected ? (c) none of them will be selected? (d) at least one'of them will be selected ? 4. The result of the tests was as under: Participant 1 10 2 12 10 3 15 18 4 18 32 5 10 25 Score before training Score after training 15 Can the training be regarded as effective at 5 percent level of significance? 5.05) = 7. x 1 2 3 4 5 .39 80 50 130 40. Chi-square (0.59 40 ≥ 60 20 80 100 Total 280 30 70 220 500 On the basis of this data. To test the effectiveness of training. An automobile company gives you the following information about age-groups and the liking for a particular model of car which is expected to be introduced : Age Persons Liked the car Disliked the car Total ≤ 20 140 60 200 20 .815) 6. Write short notes on any three of the following : (a) Minor of an element of matrix (b) Equally likely events (c) Advantages of probability sampling (d) Mini max criterion of decision making (e) Standard deviation and standard error SECTION B 7. a group of 5 participants were selected and given a test before and after the training. Obtain the two regression equations for the following data using the method of least squares.

population mean = 25. Sample mean = 23 and the degree of precision is 99%. . Determine the sample size if sample standard deviation s = 6.y 5 7 9 10 11 8.

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