FYBMS DIVISION A AND B WILL SUBMIT ASSIGNMENT 1, 2 ON 5th NOVEMBER 2022.

ASSIGNMENT 1:
1. Represent the following data by a Subdivided Bar Diagram.

Year
Exports 1995 2000 2005
Foods & Drinks 25 32 35
Raw Materials 18 20 30
Miscellaneous 12 15 18
Total 55 67 83
2. Calculate Median, Upper & Lower Quartile for the following data:

Marks 0-10 10-20 20-30 30-40 40-50

No. of Students 18 22 30 28 15
3. Find the mode of the following data and also locate it graphically:

Daily Wages in Rs 200-300 300-400 400-500 500-600 600-700

No. of Employees 15 26 36 20 10
4. Draw “less than Ogive” for the following data and find three quartiles graphically.

Commission in Rs 100-140 140-180 180-220 220-260 260-300 300-340 340-380

No. of Students 14 45 52 80 32 23 24

5. Write short notes on: (ANY 3 ) (5 points each)

i. Uses of Statistics.
ii. Merits of Arithmetic Mean.
iii. Sources of Collection of Primary data
iv. Merits and Demerits of Median
v. Distinguish Primary and Secondary Data.
vi. Demerits of A.M.
vii. Explain the term “BUSINESS STATISTICS”

ASSIGNMENT 2:
1. Find mean deviation from mean for the following data.
Age in 20-22 22-24 24-26 26-28 28-30 30-32 32-34
Years
No. of 70 90 110 140 130 80 80
Employees
2. The following data represents the product time in weeks (X) and the output in thousands
of units (Y) of a factory. Find the coefficient of correlation also interpret it
X 7 5 4 11 10 12 14 9
Y 14 8 8 19 16 19 20 16
 3. Calculate Karl Pearson’s Co-efficient of correlation for the following data:
X 17 8 12 13 10 12
Y 13 7 10 11 8 9
4. Calculate Rank Correlation coefficient of following data:
Marks in 25 28 32 36 40 32 39 42 40 45
Economics
Marks in 70 80 85 70 75 65 59 65 54 70
Mathematics
5. Regression equations of two series are 5x – 6y +90 = 0 and 15x – 8y -180 = 0. Find the
mean values of x and y. Also find the correlation coefficient.
6. Write short notes on: Kurtosis. (5 POINTS)
ASSIGNMENT 3:
1. For the following data calculate (1) Laspeyre’s (2) Paasche’s (3) Fisher’s Index Number
Base Year Current Year
Commodity
Price Quantity Price Quantity
A 4 15 5 20
B 8 20 12 30
C 6 25 8 20
D 6 3 8 4
E 14 2 20 3
2. Fit a straight-line trend by the method of least squares for the following data representing
production in thousand units. Plot the data and the trend line on graph paper. Hence or
otherwise estimate the trend for the year 1998.
Year 1999 2000 2001 2002 2003 2004 2005
Production 14 15 17 16 17 20 23
(in thousand units)
3. Calculate Five Yearly Moving Average and represent it graphically.
Year 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Exports 51 53 50 57 60 55 59 62 68 70 72
4. For the following data calculate: (i)Unweighted Index Number (ii) Weighted
5. Aggregate Index Number (ii) Weighted Index using Arithmetic Mean Rule
Current Year
Commodity Weight
Base Year Current Year
A 130 550 1345
B 450 630 1250
C 75 150 335
D 225 450 778
E 120 225 886
6. Write short notes on: (ANY 2 ) (5 points each)
 1) Limitations of Index Numbers.
2) Components of Time Series
3) Time series and its components.

ASSIGNMENT 4:
1. A box contains 20 tickets numbered 1 to 20. A ticket is drawn at random from the box.
Find the probability that the number on the ticket drawn is (i) divisible by 3 (ii) not
divisible by 5. (iii) divisible by 3 and 4 (iv) divisible by 3 or 4.
2. Draw the decision tree for the following decision problem. Calculate the EMV and hence
deduce the decision to choose the best action. The Pay-off table is:
Course of Action States of Nature
S1 S2 S3
A1 25000 35000 40000
A2 50000 20000 10000
Probability 0.3 0.5 0.2
3. Write ANY 2 short notes on: (5 POINTS EACH)
i. Components of Decision Making.
ii. Define with two examples: Sample Space, Complementary Events, Impossible Event,
Certain Event.
iii. Explain: i. Experiment ii. Sample Space iii. Exhaustive Events iv. Independent Events
v. Complimentary Events.

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