Note: for office use only

Question Marks Obtained K. J. SOMAIYA INSTITUTE OF MANAGEMENT ,Vidyavihar, Mumbai- 400077

1 Subject: Business Statistics-(MBA-IMC-I Trim)
2 Mid Term Exam : MM 10
3 Time: 1.5 hours (4.15 p.m.-5.45 p.m.)
4 Date: 17 Sept,2020
5
0 Instructions
1. Attempt all 5 questions. (2 marks each)
2. Take assumptions wherever necessary and make a note of it.
3. Submission on or before 6 pm.

Name:
Roll No:
ai- 400077
ID number Area Gender Satisfaction Salary
1 1 1 3 51 Q1 (2marks) An Alumni department of a leading BBA college in India takes a survey from the
2 4 1 3 38 2003. Among several questions asked data was collected on the fields given in the Excel sheet
employment are:
3 5 1 3 51 1. Accounting
4 1 1 2 52 2. Finance
5 2 1 3 49 3. General Management
4 marketing /sales
6 2 1 3 54 5 Others
7 3 1 2 45
8 1 1 2 51
9 4 1 2 52
10 1 1 3 48 Additional questions were asked and the questions were recorded in the following way:
11 1 1 2 57 column Variable
12 4 1 1 49 1 Identification No.
13 3 1 4 45 2 Area
14 1 1 3 51 3 Gender: 1 Female, 2 Male
15 4 1 1 49 4 Jobsatisfaction : 1: none, 2 little,3 quiet,4 very
16 1 1 3 56
17 5 1 1 34 1. The Alumni officer wants to know the following descriptive stastics based on the data abo
of 2000-2003
18 4 1 2 45 2. Do the female and male Graduates differ in their areas of employment? If so how?
19 5 1 2 37 3. The area of employment and job satisfaction is related? If so how?
20 1 1 2 52 4. Comment on the skewness of the salary.
21 4 1 1 47
22 1 1 2 50
23 3 1 1 46
24 4 1 2 47
25 2 1 1 58
26 4 1 2 44
27 1 1 3 55
28 4 1 1 35
29 4 1 4 42
30 2 1 1 62
31 2 1 1 53
32 1 1 2 43
33 1 1 2 49
34 3 1 3 41
35 4 1 2 45
36 1 1 1 62
37 5 1 1 45
38 1 1 1 57
39 2 1 1 64
40 1 1 2 51
41 1 1 2 55
42 4 1 2 48
43 5 1 3 45
44 3 1 2 41
45 2 1 2 53
46 4 1 3 40
47 4 1 3 54
48 4 1 1 44
49 4 1 1 52
50 3 1 3 43
51 1 1 3 50
52 3 1 1 41
53 1 1 1 52
54 5 1 2 37
55 1 1 4 44
56 2 1 3 51
57 4 1 2 38
58 3 1 1 48
59 2 1 2 49
60 1 1 2 48
61 1 1 3 47
62 1 1 1 44
63 1 1 3 57
64 1 1 2 46
65 3 1 2 34
66 2 1 3 48
67 1 1 2 48
68 1 1 1 47
69 3 1 3 47
 70 4 1 3 37
71 4 1 1 47
72 1 1 2 44
73 3 1 2 45
74 2 1 3 53
75 4 1 4 47
76 4 1 1 42
77 3 1 1 36
78 4 1 3 49
79 4 1 4 45
80 1 1 1 44
81 4 1 2 39
82 3 1 1 41
83 4 1 1 45
84 2 1 1 55
85 1 1 2 56
86 1 1 2 54
87 2 1 2 58
88 1 1 1 50
89 1 1 2 56
90 2 1 3 37
91 2 1 2 53
92 2 1 1 52
93 5 1 2 46
94 1 1 3 51
95 4 1 1 41
96 4 1 2 42
97 2 1 1 54
98 2 1 1 55
99 4 1 3 39
100 4 1 3 44
101 4 1 3 44
102 4 1 2 50
103 5 1 2 36
104 1 1 2 55
105 3 1 3 42
106 4 1 2 48
107 4 1 1 47
108 5 1 2 47
109 2 1 2 58
110 1 1 2 52
111 4 1 3 35
112 1 1 2 51
113 4 1 2 43
114 1 1 2 53
115 3 1 2 41
116 5 1 3 38
117 2 1 1 43
118 1 1 2 48
119 4 1 1 44
120 1 1 1 44
121 5 1 2 39
122 3 1 1 45
123 1 1 1 55
124 1 2 1 55
125 1 2 2 42
126 5 1 2 36
127 1 2 3 50
128 4 1 2 49
129 1 2 2 51
130 4 1 1 46
131 2 1 2 53
132 2 2 2 47
133 4 1 3 49
134 2 2 2 59
135 1 2 2 53
136 2 2 1 59
137 1 2 3 53
138 4 2 2 45
139 3 1 1 45
140 1 2 2 58
141 4 2 4 51
142 1 2 3 45
143 2 2 2 60
144 4 2 1 42
145 4 2 3 49
146 2 2 3 44
147 3 1 1 46
148 2 2 2 39
149 3 2 3 42
150 5 1 4 50
151 5 2 4 37
152 2 2 3 54
153 2 2 2 55
154 4 2 2 42
155 1 2 1 44
156 5 2 3 36
157 5 2 2 44
158 1 2 1 61
159 3 2 1 37
160 2 2 1 53
161 2 2 1 46
162 2 2 1 60
163 2 2 1 65
164 1 2 3 43
165 1 2 2 49
166 4 2 2 48
167 5 2 2 36
168 4 2 3 41
169 2 2 2 51
170 2 2 2 59
171 1 2 2 40
172 3 2 1 43
173 4 2 3 51
174 2 2 3 53
175 3 2 2 38
176 5 2 2 33
177 1 2 2 52
178 1 2 3 60
179 3 2 2 48
180 1 2 1 47
181 1 2 3 51
182 4 2 4 50
183 2 2 2 53
184 4 2 1 40
185 4 2 1 52
186 1 2 2 46
187 2 2 1 49
188 4 2 3 47
189 4 2 1 43
190 1 2 2 42
191 4 2 1 45
192 4 2 2 43
193 5 2 2 35
194 3 2 3 54
195 2 2 1 51
196 1 2 3 54
197 2 2 1 41
198 2 2 2 45
199 5 2 3 38
200 1 2 1 40
201 3 2 2 44
202 3 2 2 44
203 5 2 1 43
204 2 2 2 45
205 4 2 3 44
206 4 2 4 46
207 4 2 3 46
208 5 2 2 34
209 2 2 1 63
210 1 2 2 49
211 4 2 2 42
212 3 2 1 49
213 5 2 2 46
214 5 2 3 44
215 4 2 2 48
216 2 2 1 45
217 4 2 1 42
218 5 2 3 46
219 3 2 1 52
220 5 2 1 32
221 4 2 2 38
222 3 2 2 40
223 4 2 2 33
224 2 2 1 46
225 1 2 3 51
226 2 2 2 55
227 3 2 1 44
228 2 2 2 46
229 1 2 2 49
230 3 2 1 48
231 1 2 1 59
232 2 2 1 46
233 2 2 2 59
234 1 2 2 46
235 3 2 1 35
236 1 2 2 44
237 4 2 3 43
238 1 2 2 54
239 3 2 1 41
240 1 2 1 51
241 3 2 3 47
242 2 2 1 44
243 5 2 2 26
244 2 2 1 58
245 2 2 1 46
246 3 2 2 45
247 5 2 2 29
248 1 2 3 60
249 1 2 1 49
250 3 2 3 49
251 4 2 3 48
252 1 2 2 54
253 1 2 1 45
 takes a survey from the batch of 2000-
s given in the Excel sheet. The area of

in the following way:

tics based on the data about the batch

oyment? If so how?
w?
Year Month U.S. Imports from X U.S. Exports to X
1985 1 1303.3 1135.4
1985 2 1501.6 1117.1 Q2 (2 marks)Economists use the BOT to measure the relative
strength of a country's economy. The balance of trade is also
1985 3 1698.2 1260.9 referred to as the trade balance or the international trade
1985 4 1937 1236.7 balance. A country that imports more goods and services than it
1985 5 1327.5 863.3 exports in terms of value has a trade deficit. The way
1985 6 1719.6 1377.3 to calculate this balance of trade is to take the total value of all
imports and subtract the total value of all exports between the
1985 7 1708 820.3 two countries, or between one country and the rest of the
1985 8 1461 1405.7 world.
1985 9 1479.4 1015.7
The value of monthly U.S. exports to 'X' country and imports
1985 10 1562.7 1170.8 from 'X'country (in $ million) since 2000 is recorded.
1985 11 1647.1 1214.1
1985 12 1786.3 1017.4 1.Draw a chart that depicts the Export and Import
2. Compute a trade balance and graph these data. What does
1986 1 1501.1 1023.2 this data depicts about the relative strength of U.S economy
1986 2 1474.4 1064.8
1986 3 1487.7 1029.4
1986 4 1376.9 1100.9
1986 5 1707.2 1121
1986 6 1237.9 1060.7
1986 7 1667 1039.1
1986 8 1249.7 1009.6
1986 9 1381.3 964.9
1986 10 1311.3 1087.1
1986 11 1525.1 945.8
1986 12 1382.1 945.2
1987 1 1155.9 1016.7
1987 2 1827.3 1030.9
1987 3 1712.9 1276.8
1987 4 1601.6 1120.9
1987 5 1764.1 1192.5
1987 6 1838.3 1243.6
1987 7 1653.3 1225.5
1987 8 1630.9 1192.8
1987 9 1724.4 1327.7
1987 10 1871.4 1258.2
1987 11 1783.3 1414.6
1987 12 1707.4 1282.1
1988 1 1742.3 1286
1988 2 1961.4 1382.8
1988 3 2021.2 1667.6
1988 4 1795.9 1540.4
1988 5 1953.3 1852.5
1988 6 2117.5 1593.7
1988 7 1688.5 1621.1
1988 8 2013.8 1828.5
1988 9 1943.8 1936.1
1988 10 1998.3 2047.4
1988 11 2056.7 1954.5
1988 12 1967.1 1917.9
1989 1 2017.1 1901.1
1989 2 2094.3 2029.3
1989 3 2289.6 2180.8
1989 4 2361.3 2044.4
1989 5 2529.9 2096.6
1989 6 2244.2 2151
1989 7 2173.1 2061.2
1989 8 2360.6 2148.1
1989 9 2210.8 1956.5
1989 10 2463.6 2351.7
1989 11 2359.4 2004.1
1989 12 2058.2 2057.2
1990 1 2380.3 2131.3
1990 2 2373.2 2063.2
1990 3 2636.4 2295.1
1990 4 2180.3 2047.8
1990 5 2497.4 2483.6
1990 6 2488.6 2532.4
1990 7 2309.9 2339.9
1990 8 2570.7 2499.4
1990 9 2625.3 2384.3
1990 10 3067.7 2903.4
1990 11 2789 2485.7
1990 12 2238 2112.9
1991 1 2476.2 2395.1
1991 2 2194.2 2364.2
1991 3 2409.2 2353
1991 4 2678.9 2758.8
1991 5 2642 2838
1991 6 2573.2 2860.9
1991 7 2479.8 2929
1991 8 2642.5 2849.1
1991 9 2695.5 2740.2
1991 10 3150.9 3225.4
1991 11 2778 3042.7
1991 12 2409.2 2920.8
1992 1 2493.6 3060.6
1992 2 2612.4 3201.1
1992 3 2944.4 3527.8
1992 4 2940.8 3514.1
1992 5 2962.6 3404.8
1992 6 3147.4 3472.4
1992 7 2860.8 3522.6
1992 8 2996 3149.7
1992 9 3007.7 3532.1
1992 10 3398.4 3437.2
1992 11 3014.9 3400.9
1992 12 2832.1 3369
1993 1 2796.1 3192.5
1993 2 2991.5 3288.5
1993 3 3455 3754.8
1993 4 3354.9 3613.6
1993 5 3263.6 3503.9
1993 6 3527.2 3648.2
1993 7 3083.8 3180
1993 8 3157.6 3253.6
1993 9 3472.7 3392
1993 10 3748.2 3346.2
1993 11 3774.8 3956.3
1993 12 3292.1 3451.2
1994 1 3496.2 3799
1994 2 3613.5 3682.1
1994 3 4207 4378.2
1994 4 3828 3822.3
1994 5 4032.7 4380.9
1994 6 4193.6 4416.9
1994 7 3614.3 4207
1994 8 4355.4 4455.1
1994 9 4376.5 4381.2
1994 10 4581.3 4499.7
1994 11 4929.9 4557.1
1994 12 4265.3 4264
1995 1 4722.1 4001.2
1995 2 4787.1 3672.4
1995 3 5480.8 3920.6
1995 4 4727.8 3382.5
1995 5 5305 3781.2
1995 6 5262.9 3704
1995 7 4773.4 3466
1995 8 5353.2 4186.9
1995 9 5388.6 4062.3
1995 10 5717.1 4312.5
1995 11 5677.6 3967.8
1995 12 4904.8 3834.7
1996 1 5607.1 4276.4
1996 2 5582.3 4264.7
1996 3 5700.9 4459.3
1996 4 5993.6 4358.7
1996 5 6419.5 4740.4
1996 6 6166.1 4560.4
1996 7 6040.5 4567.1
1996 8 6471.8 4830.1
1996 9 6497.2 4950
1996 10 7116 5627.2
1996 11 6603.2 5116
1996 12 6099 5041.3
1997 1 6187.2 4917.4
1997 2 6533.6 5329.9
1997 3 6957.5 5424.5
1997 4 7096.9 5720.8
1997 5 7111.9 5419.7
1997 6 7108.3 5912.8
1997 7 7022.9 5984.3
1997 8 7279.3 6271.1
1997 9 7706.7 6325.8
1997 10 8458.4 7165.2
1997 11 7518.4 6618.3
1997 12 6956.5 6298.7
1998 1 7005.6 6234.2
1998 2 6959.7 6421.1
1998 3 8325.6 6911.4
1998 4 7812.7 6396.2
1998 5 7942.6 6408.3
1998 6 7982.8 6448.7
1998 7 7345.8 6141.9
1998 8 7960.9 6181.3
1998 9 8335.1 6896.1
1998 10 8979.5 7268.8
1998 11 8200.2 6979.1
1998 12 7778.5 6485.5
1999 1 7442.8 6021.1
1999 2 7930.2 6016.6
1999 3 9304.2 6909.7
1999 4 8430.8 6648
1999 5 8940.1 6658.5
1999 6 9550 7069.1
1999 7 9161.1 7120.5
1999 8 9671.9 7474.7
1999 9 9843.5 7805.2
1999 10 10018.8 8460.9
1999 11 10001.4 8201.8
1999 12 9425.7 8522.8
2000 1 9583.1 7964.5
2000 2 10365.4 8464.3
2000 3 11652.5 9641.1
2000 4 10554.9 9043.5
2000 5 11366.7 9143.8
2000 6 11944.2 9407.5
2000 7 10946.5 9084.4
2000 8 12305.9 10448.8
2000 9 12344 9755.9
2000 10 12814 10331.5
2000 11 11939.7 9927.1
2000 12 10109.4 8136.6
2001 1 10706 8648
2001 2 10297 8768.1
2001 3 12045.2 9272.2
2001 4 10480.8 8198.4
2001 5 11430.8 8649.4
2001 6 11437.5 8404.7
2001 7 10578.2 7675.2
2001 8 11564.7 9023.4
2001 9 10687.4 7700.4
2001 10 11908.5 9273.4
2001 11 10873.1 8346
2001 12 9328.7 7337.3
2002 1 9981.9 7734
2002 2 10022.5 7249.8
2002 3 11054.8 7624.1
2002 4 11471.3 8257.5
2002 5 11928.5 8530.3
2002 6 11311.3 8087.9
2002 7 11292.7 7962.9
2002 8 11854 8559.4
2002 9 11409.2 8282.8
2002 10 12657.9 9220.8
2002 11 11483.8 8606.4
2002 12 10148.1 7354.2
2003 1 10830.5 7780.1
2003 2 10957.7 7092.8
2003 3 11782.9 7804.9
2003 4 11154.8 7815.6
2003 5 11494.7 8082.3
2003 6 11419.8 8011.6
2003 7 11124.7 7904.3
2003 8 11403 7941.4
2003 9 11816.9 8533.6
2003 10 12965.7 9519.7
2003 11 11692.5 8621.3
2003 12 11416.9 8304.1
2004 1 11200.7 8084
2004 2 11709.2 8073.4
2004 3 13593.8 9712.1
2004 4 12575.9 9341.9
2004 5 13049.7 9216.3
2004 6 13850 9171.7
2004 7 12213.1 8744.4
2004 8 13278.7 9493.7
2004 9 13520.9 9616.6
2004 10 14475.1 10076.3
2004 11 13908.9 9977.2
2004 12 12525.6 9223.7
2005 1 12073.9 9217.1
2005 2 12607.1 9010.1
2005 3 14114.4 9914.4
2005 4 14281.7 9840
2005 5 14413.5 9929.3
2005 6 14848.6 10113.5
2005 7 12710.2 9200.9
2005 8 14895.6 10626.1
2005 9 14517.6 10284.5
2005 10 15720.3 10941.5
2005 11 15499.1 10939.4
2005 12 14426.7 10230.7
2006 1 15227.9 10483.9
2006 2 14820.1 10031.2
2006 3 17363.4 11968
2006 4 15665.3 10772.5
2006 5 17154.6 11569.6
2006 6 17787.3 11714.6
2006 7 15464.5 10408.1
2006 8 18038.7 11715.2
2006 9 16897.5 10980.4
2006 10 17515.2 12300.9
2006 11 17246.6 11736.3
2006 12 15072.1 10041.1
2007 1 15373.4 10683.5
2007 2 15142.8 9980
2007 3 18190.6 11493.5
2007 4 16254.9 10893.2
2007 5 18018.9 11956
2007 6 17977.4 11561.2
2007 7 16896.9 11188.7
2007 8 19115.3 12282.9
2007 9 17810.1 11364.6
2007 10 19855.8 12330.2
2007 11 19356.1 12127.2
2007 12 16721.8 10057
2008 1 17054.5 11990.6
2008 2 17674.5 11961.9
2008 3 17707.1 11793.1
2008 4 19364.9 12492.9
2008 5 18837.2 12297.9
2008 6 19179.9 13383.3
2008 7 19238 13800.8
2008 8 19522.8 13749.7
2008 9 17926.2 12789.2
2008 10 19695.7 14875.5
2008 11 15471.6 11944.7
2008 12 14269.1 10140.5
2009 1 12474.6 9790.6
2009 2 12371.7 9277
2009 3 13929.9 10020.1
2009 4 13697.1 9580.1
2009 5 13339.6 9397.8
2009 6 13995.8 10569
2009 7 14084.7 11151
2009 8 15022.3 11072.4
2009 9 16150.3 11590.6
2009 10 17292.1 12737.8
 sure the relative
e of trade is also
national trade
and services than it
The way
he total value of all
ports between the
he rest of the

ntry and imports

corded.

mport
data. What does
of U.S economy
 Table-3
Region
South West Northeast Midwest
Q3 (2 marks)The decision about where to built a new plant is a major
<High school 0.024 0.024 0.059 0.036 decision about any Multi National company having operations across
High school 0.063 0.078 0.117 0.059 the globe. One of the attributes which is taken is the educational
Some college 0.023 0.039 0.061 0.045 level of the local residents. after analysisng the recent Census, a
Associate's 0.015 0.021 0.03 0.02 company produced the following Joint probabilities(refer table3).
Bachelor's 0.038 0.04 0.065 0.046 1. Determine the probability that a person living in west has a
Advanced 0.024 0.02 0.032 0.023 bachelor's degree
2. Find the probability that a High school graduate lives in North East
3. What is the probability that a person selected at random does not
live in south?
4. What is the probability that a person selected at random lives in
south?
ant is a major
ations across
ucational
ensus, a
r table3).

has a

n North East
om does not

om lives in
Q4 (2 marks) You follow Indian Premier League (IPL) and your favourite
team is in the final payoffs. You have assigned a probability of 60% that
it will win the championship. Past records indicate that when teams
win IPL championship, they win the first game of the series 70% of the
times. When they lose the series they win the first game 25% of the
time.

1. What is the prior probability of winnig the game as per the given
information
2Assume first game is over ; your favourite team has lost. What is the
posterior probability that it will win the series.
Brand Tar Nicotine CO Q5 (2 marks)Cigarette trade commission rates the cigarette brands according to their levels
Alpine 14.1 0.86 13.6 of Tar and Nicotine, substances that are hazardous to human health. Besides, this
Benson&Hedges 16 1.06 16.6 department also collects the data on amount of carbon monoxide, which is the by-product of
burning tobacco that seriously affects the heart. A random sample of 25 brands was taken
BullDurham 29.8 2.03 23.5 and required data is collected.
CamelLights 8 0.67 10.2
Carlton 4.1 0.4 5.4 1. Show graphically if the levels of tar and nicotine are linearly related. Comment on the your
findings.
Chesterfield 15 1.04 15 2. Are the levels of nicotine and carbon monoxide linearly related? Show graphically using
GoldenLights 8.8 0.76 9 scatter plot and comment.
Kent 12.4 0.95 12.3
Kool 16.6 1.12 16.3
L&M 14.9 1.02 15.4
LarkLights 13.7 1.01 13
Marlboro 15.1 0.9 14.4
Merit 7.8 0.57 10
MultiFilter 11.4 0.78 10.2
NewportLights 9 0.74 9.5
Now 1 0.13 1.5
OldGold 17 1.26 18.5
PallMallLight 12.8 1.08 12.6
Raleigh 15.8 0.96 17.5
SalemUltra 4.5 0.42 4.9
Tareyton 14.5 1.01 15.9
Trues 7.3 0.61 8.5
ViceroyRichLight 8.6 0.69 10.6
VirginiaSlims 15.2 1.02 13.9
WinstonLights 12 0.82 14.9
ng to their levels
es, this
s the by-product of
ands was taken

mment on the your

raphically using