PUNJAB COLLEGE BHALWAL

INTER PART – II
BUSINESS STATISTICS
PHASE TEST –
OBJECTIVE

Time: 15 Minutes. Roll No. T. Marks 50

Q1. You have four choices for each objective type question as A, B, C and D. Tick the right choice. 10
S# STATEMENT (A) (B) (C) (D)
Angles are calculated in the
1. Histogram Historigram Pie Chart Bar Chart
construction of

2. A source note and foot note are Different Same Complex Easy

Graph of frequency distribution is

3. Histogram Historigram Pie Chart Bar Chart
called

A process of arranging data into Frequency

4. Classification Tabulation Bar chart
rows and columns is called distribution
5.
A statistical table has at least One part Two parts Three parts Four parts

6.
Graph of time series is called Histogram Historigram Pie Chart Bar Chart

7. For averaging relatives we never

A.M G.M Median Mode
use
8. Fisher Index is ____of Laspeyre’s
A.M G.M Median Mode
and Paasche’s Index no’s
9. In chain base method the base
Fixed Variable Both a & b 100
period is
10. Index numbers are called
Mathematics Statistics Economics None of these
barometers of
 SUBJECTIVE

Time: 1 hr 15 Minutes. Roll No. Marks 40

SECTION – I
Q2. Write short answers to any 12 parts. 12X2=24
1. Write any four types of charts. 11. Define simple index number
2. Define Pie diagram. Write formula to find angle 12. Define price index number
of sector. 13. What is link relative write its formula
3. Define histogram. 14. Define laspeyre’s index. Write formula
4. If area of sector is 100 and total area is 300. 15. Which index is called current year weighted
Find angle of sector for a pie diagram. index. Write its formula
5. Define historigram 16. If Laspeyre’s Index number = 120, Fisher Index
6. Define frequency distribution number = 115. Find Paasche’s Index number.
7. Define classification 17. If Laspeyre’s Index number is 119.89 and
8. Write names of the four types of classification Paasche’s Index number is 119.65. Find Fisher
9. Define ogive. Ideal Index.
10. Define index number 18. What is consumer price index?
SECTION – II
Solve any 2 questions. All questions carry equal marks 8 x 2 = 16

Q – 3: (a) Find index number by taking: (i) 1980 as base (ii) average of last five years as base
Years 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989
Price 60 70 70 80 100 140 120 130 140 150
Q – 3: (b) Calculate chain index using A.M as average

Commodities
Years
Wheat Rice Cotton Ghee
2005 20 30 120 160
2006 21 32 132 180
2007 22 33 140 200
2008 24 35 144 225
2009 25 36 150 240
Q – 4: (a) For the data given below make frequency distribution taking intervals 0–4, 4–8, 8–12, ...
10 3 5 3 7 9 2 8 6 11 20 6 15 13 13 9 1
12 12 8 5 17 3 16 12 10 9 2 1 11 10 5 13 8
18 7 21 4 4 11 16 19 3 6
Q – 4: (b) For the data given below construct Histogram.
Marks 21 – 30 31 – 40 41 – 50 51 – 60 61 – 70 71 – 80 81 – 90
No. of Students 5 12 25 15 8 5 2
Q – 5: (a) Construct fisher index number for the given data.
A B C
Year Quantit
Price Quantity Price Price Quantity
y
2015 6 10 7 24 5 12
2017 4 12 8 25 7 13
Q – 5: (b) Construct a pie diagram to represent the cost of construction of a house in Lahore.
Items Labour Bricks Cement Steel Timber Other
Expenditure 2500 1500 2000 1500 1000 1500