SIES (NERUL) COLLEGE OF ARTS, SCIENCE & COMMERCE

Practice Question Paper

SEMESTER I (FYB.Com)
Subject: Mathematical and Statistical Techniques - I
Total Marks: 100
Note: 1. All questions are compulsory subject to internal choice.
2. Figures to the right indicates full marks.
3. Use of simple calculator is allowed.

Section-I

Q.1 Attempt any 4 from the following: 20

a) Mr. Kailash, a share broker invested Rs. 34,200 to buy Rs.100 shares of 05
HANGAMA Industries at Rs.570. Five months later, the company declared
bonus shares to its existing shareholders in the ratio 4 bonus shares for
every 5 existing shares. Post bonus, Mr. Kailash sold the shares at the
market price which was down to Rs.460. Find the percentage gain or loss.

b) Mr. Deshmukh purchased 250 Rs. 100 shares quoted at 10% discount and 05
sold them 4 months later at 6% premium. The brokerage in each of the
transaction was 0.27%. Find his rate of return on investment.

c) Mr. Karma invested Rs. 50,000 in MF on 7th March, 2017 with NAV of 05
Rs.82.5. He sold all units on 18th October 2017 when NAV was Rs.72.5 with
exit load of 2.25% of NAV. Find the no. of units he purchased, total gain
and rate of return. (the no. of units to be rounded off to 4 decimal places)

d) Niharika invested RS. 20,000 on 2th of every month for three months in a 05
SIP of a mutual fund with NAV’s as RS. 53.12, Rs. 56.26 and Rs. 48.86
respectively. The entry load was 2.25% though out this period.Find the
average acquisition cost per unit. (the no. of units to be rounded off to 3
decimal places)

e) Mr. Singhania invested Rs. 24,000 in ‘Global Future – Dividend 05

Reinvestment Plan’ on 20-01-2012 when its NAV was Rs. 15.72 at an entry
load of 1.15%. A dividend of Rs. 3 per unit was declared on 12-5-2012
when the Ex-dividend NAV was Rs.15.85. Find the no. of units before
dividend and after Dividend Reinvestment Plan. (the no. of units to be
rounded off to 3 decimal places)

Q.2 Attempt any 4 from the following: 20

a) Find the no. of ways in which 7 books can be arranged on a shelf, so that
two particular books are not together.
b) 5 professors and 5 students are selected to form a committee. Find 05
number of ways 7 members comittee 3 from professors, 4 from students
can be form for the following situation.
a.perticular professor always there b. particular student is always
excluded.
c) A company produces two products X and Y. One unit of X requires 2 05
machine hours and 5 labour hours. One unit of Y requires 4 machine
hours and 2 labour hours. Availability of machine hours is 100 and
labour hour is 200. Profit per unit of X and Y is Rs. 10 and Rs. 6
respectively. Formulate this problem as a LPP to maximize the cost.

d) Solve the following LPP. Graphically. 05

Minimize: 𝑍 = 9𝑥 +10𝑦
subject to the constraints
𝑥+2𝑦≥30
3𝑥+𝑦≥ 30
𝑥≥ 0, 𝑦≥ 0
e) Solve the following LPP. Graphically. 05
Maximize: 𝑍 = 5x + 3 𝑦
subject to the constraints
2𝑥+𝑦≤ 28
3𝑥+ 2𝑦≤ 48
𝑥≥ 0, 𝑦≥ 0
Section-II

Q.3 Attempt any 4 from the following: 20

a) Calculate mean for the following data: 05

Class 0-5 5-10 10-15 15-20 20-25

intervals

frequency 7 18 25 30 20

b) Find out the D7 and P13 for the following data: 05

Rent in 15-20 20-25 25-30 30-35 35-40 40-45

thousands

Frequency 4 20 38 24 10 9

c) Write merits and demerits of mode. 05

d) Calculate Standard deviation for the following data: 05

X 10 30 50 70 90

F 5 12 32 40 11

e) Calculate mean deviation from mode for the given data: 05

Class 0-10 10-20 20-30 30-40

intervals

Frequency 7 13 20 15
Q.4 Attempt any 4 from the following: 20

a) Four cards are to be selected from a pack of well shuffled 52 playing cards, 05
find the probability that (i) all are black; (ii) only one is king.

b) If the two fair dices are rolled, find the probability that the sum of the 05
numbers appearing on the uppermost face of the dices is (i) less than 6;
(ii)an odd no.

c) A committee of 5 persons is to be formed out of 5 men and 4 women. 05

What is the probability that the random formed committee will contain 2
or 3 women?

d) If A and B are two events in a sample space S such that 05

P(A B) =0.2, P(A U B)=0.7 and P(B/A) = 0.4

Then find P(A), P(B) and P( ̅ ).

e) Find value of k and hence find E(x)for the following probability 05

distribution.

x 0 1 2 3 4 5 6

P(X=x) k 2k 3k 5k 4k 2k k

Q.5 Attempt any 4 from the following: 20

a) The demand of a certain product follows the following probability 05

distribution. The sales and cost of the product is Rs. 90 and Rs.60
respectively. Any unsold product becomes worthless on the next day, if
not sold on the same day. Find the best decision.

No. of pieces 200 300 400

demanded

probability 0.2 0.5 0.3

b) Suggest the optimal solution for the following pay-off matrix using EMV. 05

Course of Action State of Nature

S1 S2 S3

A1 40 50 80

A2 20 0 10

A3 35 45 60

Probability 0.40 0.25 0.35

c) Write a short note on decision tree. 05

d) Solve the given decision problem using i) Maximax ii) Minimax iii) Laplace 05
criteria.

State of Nature Course of Action

A1 A2 A3

S1 0 80 200

S2 70 0 20

S3 300 20 0

e) Solve the given decision problem using EOL criteria. 05

Course of Action State of Nature

S1 S2 S3

A1 10 18 25

A2 12 24 30

A3 25 10 20

Probability 0.35 0.33 0.32