4.

(a) A manufacturer of chocolate candies uses

machines to package candies as they move along a line. Although the packages are
labeled as 8 ounces, the company wants the packages to contain a mean of 8.17
ounces so that virtually none of the packages contain less than 8 ounces. A sample
of 50 packages is selected periodically, and the packaging process is stopped if
there is evidence that the mean amount packaged is different from 8.17 ounces.
Suppose that in a particular sample of 50 packages, the mean amount dispensed is
8.159 ounces, with a sample standard deviation of 0.051 ounce. Is there evidence
that
(iii) What would be the price of silver at the
end of the year 2018?
P.T.O.
1911
1911
7
the population mean amount is different from 8.17 ? (Use a 0.05 level of
significance.) (6)
(b) What is trend analysis and what are the basis for
selecting a trend model? The following time series the number of passengers per
year (in millions) on XYZ airlines :
(b) All male and female consumers are divided into
three different classes: “Willing to Buy
Year 2010 2011 2012 2013 2014
distribution, the arithmetic mean is 100 and the Coefficient of Variation is 35 and
Pearson's Coefficient of skewness is 0.2. Find the mode and median.
(4)
\
5.
(a) For a sample of top 20 large pharmaceutical
companies, the average profitability (PAT) was found to be equal to Rs. 300 crores
with a variance of Rs.10 crores. A sample of 20 large IT companies has average
profitability (PAT) of Rs. 340 crores with a variance of Rs. 30 crores. Is the
difference in mean PAT significantly different from zero between the two sectors at
5% level of significance?
(b) The average Consumption of Diesel in factory A
is found to be 460 litres with a standard deviation of litres in a period of 10
months. Factory B on an average consumes 490 litres of diesel with a
(6)P.T.O.
1911
1911
Exponential Table
2-1 10.367
x=-1.5 x=-2.0 Tx=-2.5 0.223 0.135
0.082 STANDARD NORMAL TABLE (2)
standard deviation of 40 litres in a period of 8 months. Find out which factory
consumes higher amount of diesel? What is the mean and $.D. for the two factories
taken together?
(5).

regression analysis? The equation of regression of savings $ on income Y for the

last year in respect of a sample from the population of an industrial town is : $ =
120 + 0.18Y. Explain the meaning of numbers 120 and 0.18.
30.00 E200HB 0.02 0.03 0.04 0.05 0.06 0.07 0.08 0,09 0.0 0.0000 0.0040 0.0080
0.0120 0.0160 0.0190: 0,0239 0.0279 0.0319 0.0359 0.03 0.0398 0.0438 0.0478 0.0517
0.0557 0.0596 0.0636 0.0675 0.0714 0.0753 202 0.0793' 20832 0.0871 0,0910 0.0948
0.0987 0.1026 01064 0.1103 0.1141 03. 0.1179 0.1217 0.1255 0.1293 0.1331 0.1368
0.1406 0.1443 0.1480 0.1617
4 0.1554 01591 : 0.1628 0.1664 0.1700 0.1736 0.1772 0.1808 0.1844 0.1879
0.61 .1915 0.1950 0.1984887 0.4890 23.0.4893 0.4896" 0.4898 0.4901 0.4904 0.4906
0.4909 0.4931 0.4913 0.4916 2464918 0.4920 0.4922 0.4925 * 0,4927. 0.4929, 0.4931
0.4932 0.4934 0.4936 25 0.4938 0.4040 0.4841 0.4943 0.4945 0.4946 0.4948 0.4949
0,4951 "0.4952 2604054 0.4955 0.4956 0.4957 0.4959" 0.4960, 0.4961 0.4962 0.4963
0.4064 27 4965 0.4966 0.4987 0.4968 0:4989 0.4970 0.4971 0.4972 0.4973 0:4974.
280,4074 0.4975 0.4976 0.4977 0.49770.4978 0.4979 0.4979 0.4980 0.4981 29) 0.4981
0.4982 0.4982 0.4983 0.4984 0.4984: 0.4985 0.4985 0,4986 0.4986 2010.4987 0.4987
0.4987 0.4988 0.4988 0.4989 0.4989 0.4989 0.4990 0.4990 13.13 0.4990 0.4891 0.4991
0.4991 0:4992 0.4992 0.4992 0.4992 0.4993" 0.4993 22 0.4993 0.4893 0.4994 0.4994
0.4994 0.4994 0.4994 0.4995. 0.4995 0.4995 33 .4995 0.4995 0.4995 0.4996 0.4996
0.4996 0.4996 0.4996 0.4996 0.4997 3.4 0.4997 0.4997 0.4997 0.4997 0.4997 0.4997
0.4997 0.4997 0.4997 0.4998
P.T.O.
1911
10
Numbers in each row of the table are values on a t-distribution with (dl) degrees
of freedom for selected right-tail (greater-than) probabilities (p).
6
MWWMWWWW
M
dupl 0.40 0.25 0.10 0.051 0.025 0.01 0.005 0.0005 1 1 10.324920 1.000000 T 3.077684
T 6.313752 12.706201 31.820521 83.65674 636.6192
2 0.288675 0.816497 1.885618 2.9199864.30265 16.964581 9.9248431.5991 3 0.276671
0.764892 1.637744 2.3533633.18245 4.540705.84091129240 4 0.270722 0.740897
1.5332062131847 2.77645 3.746954.60409 8.8103 5 0.267181 0.726687 1,475884 2.015048
2.57058 3.38493 4032146.8888
0264835 07176581.4397561.943180 2.44691 3.74267 3.70743 5.9588 7 0.263167 10.711142
T 1414924 1.894579 236462 2.99795 3.49948 5.4079 | 8 0.261921 0.706387
1.3968157 .859548 T 2.30660 2.89646 3.35639 T 5.0413
9 0.260955 0.702722T 1.383029 T 1.833113 2.26216 T 2.82144 3.24984 14.7809 10 |
0.260185 10.899812 1 1.3721841.812461 1 2.22814 276377 3.169274.5869 | 11 |
0.259556 0.697445 1.363430 5.795885 2.20099 2.71808 3.10581 4 .4370
120.259033 0.6954831356217 1.782288217881 T 2.68100 3.05454 43178 130.258591
0.693829 1.350171 1.770933 2.160372.6503T 201228 4.2208
14 0.258213 0.692417 1.345030 1.761310214479 T 2.62449 2 97684 4.1405 ( 15 0.257885
0.691197 T 1.340606 T 1.753050 1 2.13145 2 .60248 2.94671 4.0728
16 0.257599 0.690132 131.336757 T 1745884 T 211991 T 2.58349 2.92078 4.0150 | 17
0.257347 1 0.609195 1.333379 1.739607210932 2:56693 2.89823 3.9651
18 0.257123 0.688364 1.330391 1 1734064210092 T 2.55238 2878443.9216
190 .256923 0.687621 1.327728 1.729133.8834 I 20T0.256743 T 0.688954 1.325341
1724718 T 2.08586 T 2.52798 T 2.84534 3.8495 1 21 0.256580 0.686352 1.323188
1.7207432.07961 2.51765 2.831363,8193
22 0.258432 0.685805 1.321237 1517144 2.07387 2.50832 281876 3.7921
230.2562970.6853051319460 1.713872 2.06888 2.499872807343.7876 24 0.256173 0.684850
1.317836 1 1.710882 T 2.06390 T 249216 T 279694 T 3.7454 25 0.256060 0.684430
1316345 1.708141 2.05954 T 2.48511 2.78744 3 9251
28 0.255955 0.684043 | 1.314972 T 1.705618 T 205553 T 247863 T 277871 T 3.7066 | 27
0.255858 T 0.6836851 1.313703 T 1.703288 T 2.05183 T 2.47266 277068 3.6896 | 28 |
0.255768 0.683353 | 1.312527 1.701131 2.01841 2.46714 2 76326 3.6739
29 0.255684 0.683044 1.311434 1 1.699127 204523 2.46202 275639 3 .6594 30 0.255605
0.882756 1.310415 1.6972612.04227 2.45726 2.75000 3.6460 0.253347 0.674490
1.281552T 1.644854 1.95996 T 2.32635 2.57583 3.2905
alebo 80% 90% 95% 98% 99% 99.9%
M
CI
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