This question paper contains 16+4 printed pages] 18 hata Bs S. No. of Question Paper : 7019 Unique Paper Code : 22417511 J Name of the Paper : Business Statistics Name of the Course : B.Com. (Hons.) : DSE-2 Semester vey Duration : 3 Hours Maximum Marks : 75 (Write your Roll No. on the top immediately on receipt of this question paper.) Note :— Answers may be written either in English or in Hindi; but the same medium should be used throughout the paper. femuft ga yeaa SI SR SST oT fet feet cH AT 4 df, afer at oni ar aream um Gt eT wafer | Attempt Al/ questions. All questions carry equal marks. Log Tables will be paavided on demand. Use of simple calculator is allowed. weit wei aif wt ai & sie wa Ei A He aT aot et arert BIR HeHeaA HI WAM AT eI PTO.@ (Had 7019 © The rate of sales tax, as a percentage of sales, paid by 400 shopkeepers of a market, during an assessment year, ranged from 0 to 25%. The sales tax paid by 18% of the shopkeepers was below 5% and 8% shopkeepers paid sales tax at a rate greater than 20%. The median rate was 10% and 75th percentile was 15%, Summarise _ the information in the form of a frequency distribution () © (a) and find the modal rate of sales tax. 5 In a frequency distribution, the coefficient of skewness based on quartiles is 0.5. If the sum of upper and lower quartiles is 28 and median is 11, find out the values of lower and upper quartiles. Also find the quartile deviation. i What are Sheppard’s corrections ? Under what conditions are they applied ? 3 Uh AIK F 400 GHMENt ETT grat feat Ta, fant ax at a, famt @ vied B wT F, we atcha ad & au, 0 8 25% TH MT 18% Garant sre fea war fast FX 5% B aH TT AM 9% SHE 720% A afte at ae a faa ax ar yaa feat miferaT ee 10% TAT qsai waa 15% M1 state fam ew Ft arrert at aif sift ae fat at st Hisa a wa wi : C8 me 4 cq) ew angfa from Faas HK omer FHT is 0.5 @! af. oat ix frat aq am 25 & wen afer 11 &, @ free ote srt aqis & qed a ae sf) mais fae at aa wife) (ay are S gee aE? we fer Tent 4 ay fra am & 2 Ori AOAT (a) Distinguish between mathematical and positional 5 averages. (® __ The following facts are gathered before and after the ‘settlement of an industrial dispute : Before Dispute | After Dispute No. of workers rs Mean wages & 51.75 . % 50.00 Median wages Variance of wages Compare the position before and after the dispute in respect of : (i), total wages (ii) modal wages 5 (iii) variability (iv) skewness. PTO.ee) 7019 < (c) For a distribution, the mean is 10, standard deviation is 4, VB, =1 and B, = 4. Obtain the first four moments about origin and comment on the nature of the distribution. 5 (a) aria an feafie staat 4 fate sifr, (3) ] steifte fare & freer @ vet ok ac a frafatar cea usta fea 7a © Ba Ae w) Fea FIGs Gi hadaetaT @) Fam S del F fae S wes am ae at feat at gen aif (a) feet fro # few area 10 8, ame frac 4%, \p,=1 7 p= 41 waft & at F wea aR amet wre aifra am faa at weft wz four stare (@) @) © [eae 7019 Distinguish between correlation and regression. 5 A computer, while calculating the correlation coefficient between two variables X and Y, obtained the following constants: N = 30, EX = 120, =X? = 600, ZY = 90, ZY? = 250, IXY = 356 It was later on discovered that it had copied down two pairs of observations as : While the correct values were: x ¥: x ¥ 8 10 8 12 2 a 10 8 Obtain correct coefficient of correlation between X and Y. : 5 Given that the variance of x is 9 and the regression equations are 8x — 10y + 66 = 0 and 40x — 18y = 214. Find : (i) mean values of x and y (ii) coefficient of correlation between x and y (iii) standard deviation of y. > P.T.O.£8 7019 (3) meas cen afer A ae atten, < (a) Qt x am ye ate weedy qe st am we wrt we aR frefafian fees ora a & : N30) =X = 120; =X? = 600, LY = 90, Ey? = 250, Exy = 356 ae ae A va wen f at sade S a sist oR er A att fea ag wafe wi am a: Xicy x a 8 10 8 a Beer 10 8 Xai y Sta wet weacis qos wa sfc) (a) fat grt fe, aw wat o F ae wt WAAL B+ — 10y + 66 = 0 aK 40x— 18-214 Fy a atin : @ xy F meq aA @ xy & my ery WOE Gi) y Fl Ae frat @ Code a 7019 Orl RAAT A departmental store gives in-service training to its salesmen, which is followed by a test. The management is considering whether it should terminate the services of the salesman who did not do well in the test. The following table gives the test scores and the sales made by the salesmen : Test Scores Sales (in % 7000) 14 31 19 36 mA 48 21 37 26 0 2 45 15 33 20 41 19 39 Calculate the correlation between test scores and sales. Does it indicate that the termination of services for the low test score is justified ? If the firm wants a minimum sales value of % 30,000 from each salesman, what is the minimum test score that will ensure the termination of service ? Also estimate the value of sales for a salesman having a test score of 28. 10 PTO.CBS y 7019 (4) A student calculated the value of » as 0.72 when the ae of items is 25. Find the limits within which lies’ for another sample from the same universe, 5 (S) we feuéiee ek omit dew at patie ohm tar &, fret ae 2 ar ti vies ea ™ frm a wit fe ama a ara oT Sasi at aera at 2 fh te rr weet Te frm fie often de eR war Seer ga at ae fast a vehi ax &: eH urate (eat feet ~& -000 4) 4 . 19 o a 48 21 = 2 50 = 4s Is é a 4 Sieg en ae cain ¢ fe an te eh S form Sens st venta stan & 2 cafe wah yee Rea 8 & 30.000 at =p feet yea crect Coo. y 7019 %, 0 =m te Ge ef 2 ot Aaa affvat etm 2 29 @ te SER ae ae @ fou faet & yea aw Mt sqaR emeU! (@) & wt, an wt THORS IF at vate age at dem 25 t1 ae sa a site fred siete , set aiiad @ GR TH & faq fifa @ (a) From the chain base index number given below, prepare fixed base index numbers : 5 Years : 2010 2011 2012-2013. 2014 Index: 110 160 140 200 150 (b) Given the data for 2014-15 and 2015-16 : 5 ‘Commodity ‘Commodity A B A B Po 1 1 Pi 2 x % 1 5 ay 2 where p and q respectively stands for price and quantity and subscripts stands for time period, find x, if the ratio between Laspeyres’ (ly and Paasche’s (P) Index number is : LL. 3 Pee ey (c) Why is Fisher’s index called ideal index number ? 5 PL:G70) 7019 (3) 4 ft Fae se yanis a fer ST: wae wa sf : ast #2010 2011-2012 2013-2014 qaate : 10 16) 150 (A) 2014-15 TI 2015-16 H few fr sis RA AE; we p Tg HAR: AT sk aT S foe =F aa subscripts WT safe # fee % x wa Fifa afe CER () ak Ua @) Gass Sd a ayia @ : L:P=28: 27 (a) fre S qaeie a ore quate ait azar mm & ? OrkAAAT (a) Distinguish between sampling and non-sampling error. 3 CaaS) 7019 (6) The following information is given regarding two commodities A and B. Splice the series to make a continuous series : x Commodities Year B A Price Indices Link Relatives (©) _ A worker of a factory is getting monthly salary = 400. The cost of living index number of a particular month is 250. From the following table, find the expenses towards house rent and clothing. 5 Food Clothing House Rent Fuel PTO.Coles 7019 (a) sire der whe gfeat A ae aif (@) fefafar smart a age aaa pa at (a) Haw tw hm gon wR SF fea jaa wt sifsu : 2010 2011 2012 2013 2014 2015 2016 UW Sten F stant az 400 wae aad fat 21 we fate we a ster fate yaaie yer 250 81 fra afea @ wa feet aa ari & wd ae aim : @ (6) © (21303 7019 What do you mean by Time series ? Explain the components of Time series. 5 The quarterly seasonal indices of the sales of a popular brand of LCD TV of a company in Delhi are given below : ; 5 Seasonal Index 130 If the total sales in the first quarter of 2017 is % 6,50,000, estimate the worth of televisions, to be kept in store to meet the demand in other quarters. Assuming that there is no trend. The linear trend sales of a company is % 6,50,000 in 2014 and it rises by % 16,500 per year. Se (i) Write down the trend equation. (ii) If the company knows that its sales in 2017 will be 10% below the forecasted trend sales, find its expected sales in 2017. (a) we aot a wn af % 2 ae Fh FS weal at caren aifsal ETO:CoD 7019 (a) fare Fo ue Hert F icp dat & ah ais at fast Sofee chet qaeie fa fe 2017 at rect ferret a ae fat & 650,000 Cod sqm cme fe aq fae F ain OM ee & feu sei & ae a om 4 tar om caifee ae ama ge fe ae ean wet %1 (@) 2014 4 we wert st ae ea (aafh) at fast & 650,000 % ait ae ufad z 16,500 3G ort & : @ an whem fafan: (i) We wert soa & fH 2017 F gaat feet weigh tar et fast @ 10% =H ert 2017 4 gaat orate fat ar ae ea Onstrat (a) Explain various methods of sampling. 5 Cass 7019 (®) Fit a parabolic trend to the following time-series data and estimate the production in 2021 = 5 Year Production (in 7000 units) 2010 2 2011 2012 Q 2013 b 2014 2 2015 12 “2016 158 () " The sales of a company rose from % 30,000 in the month of February to 35,000 in the month of March. The seasonal indices for these two months are 105 and 140 respectively. The owner of the company was not satisfied by this increase of % 5,000 in the month of March. He expected much more because of the seasonal index. How much could he expect on the basis of seasonal index ? z s (a) viewer (ofeest) at fafae fafeat ar ac alfa PTO.Rise) 7019 CA 19 a if (3) frafefiad ares ast FS feu te noah 5. (a) Explain the concept of posterior probability. 4 vafa fre aifere TH 2021 F SeaTEA Fl Sah (6) A company has three plants to manufacture 8,000 i scooters in a month. Out of 8,000 scooters, Plant I at FAST 000 sarseit % manufactures 4,000 scooters, Plant II manufactures 3,000 scooters and Plant III manufactures 1,000 scooters. At 2010 2 Plant I, 85 out of 100 scooters are rated of standard 2011 ® quality or better, at Plant , only 65 out of 100 scooters 2012 Q are rated of standard quality or better and at Plant III, 2013 5 60 out of 100 scooters are rated of standard quality or better. What is the probability that the scooter 2014 2 selected at random came from (ji) Plant I, (ii) Plant II 2015 Poree t. : 122 and (iii) Plant III if it is known that the scooter is 2016 158 of standard quality. 5 (2) wed Sad A ue wert st fate ae (Q) The mean and standard deviation of the wages of 6000 2 ape: wi oath 4 al 3 workers engaged in a factory are % 1,200 and % 400 " Tea I respectively. Assuming the wages to be normally Boo neh & fee thet gaaie oa: 105 aR 140 Far we He 5.000 st ge af 4 seri & mts cig we a) chet quate % Sr Se aeT site Be ety thet Gaeie e sR Rae feat sig ax sam $2 distributed, estimate : 6 () Number of workers getting wages between % 1,000 and 2 1,500. (ii) Percentage of workers getting wages above = 1,600. (iii) Number of workers getting wages below % 800. P.T.O.€ 18°) 7019 GD Tem wrem st san st ater) (3) & sari S ve uw mH 4 8000 caee aR # fem a wiz €1 8000 med Fa wie 14,000 RX waa &, wie 3,000 SX SATA © a ce mm 1,000 mex aa #1 1H 100 4 & 85 weet AR Ma ae a dea wh FE, wie uF 100% @ 65 aE Ba AM TIM ae a ae sot B= ait wiz m4 100 4 8 60 eX AR Ma a F aI Fen €1 gaat en wife & fe afer STOTT A TAM FT TT () THE 1, Gi) HE UA Wi) we ma arn & ? (8) UH Sar HFA ooo afiat at asgd a sia sit ure fact arm: < 1.200 a 2400 81 ST faafa at aA are aE wl ama shia aif : © % 1,000 Re 1,500 F sta wad oA ae aftret at ean @) % 16008 SR wat WA aa afte a ‘fasta | (i) % 800 4 A at IA aa aft at wen (19-9) 7019 Or/ RAAT (a) If the probability of defective bolts is 0.2, find out : 7 ()) Mean and standard deviation for the distribution of defective bolts in a total of 600. (ii) The probability of getting more than 2 defectives ina sample of 60. (b) A problem of statistics is given to two students A and B. The odds in favor of A solving the problem are 6 to 9 and against B solving the problem are 12 to 10. If A and B both attempt, find the probability of the problem being solved. 4 (A speaks truth in 60% cases and B speaks truth in 70% cases. In what percentage of cases are they likely ‘ to contradict each other in stating the same fact 24 (& ae aepi dees at whem 02%, Tt aM afar () BR 600 H Sept aieer FH fame + fore meq sik ae frac! W) 60% Vere HA 2 ae sept at Saert| PIO© x20.) 7019 (a) sifest a we ve a. ori Aan Ba fea TIM 81 Wea Hl ea eA HAH ya F faonant 6a 90m Bat fammd 12 8 10 f ae a ae pet wre a @ ad we wa a wien ae wife) (A) A 60% WAH F art aera & ak B 70% ACH A wea stem 2&1 fet vara amet 4 we a wa So ad wl Ss ue # fave Tat @ st wen & ? 7019 20 1,800