STATISTICS FOR MANAGEMENT

1. What are mutually exclusive and exhaustive events?

2. Three cards are drawn in succession from a deck without
replacement. Find the probability distribution for the number of
spades?
3. What are the qualities of a good estimate?
4. What is sampling? Why is sampling necessary?
5. Define null and alternate hypotheses.
6. Define independence of attributes.
7. How do the non-parametric methods differ from parametric
methods?
8. When is Mann-Whitney ‘U’ test used?
9. Distinguish between correlation and regression.
10. What is time series? Give two examples.
11. Define probability as mathematical function.
12. Differentiate independent and mutually exclusive events.
13. What is meant by sampling distribution?
14. Define population Estimation.
15. What do you mean by hypothesis?
16. Classify the parametric and nonparametric tests.
17. Write the formula for Chi-square text of standard deviation.
18. Give an example for run test.
19. Define standard error.
20. How do you infer if R^2-0.9?
21. State the theorem of total probability.
 22. Write the mean and variance of uniform distribution.
23. Define sampling distribution.
24. What is called interval estimation?
25. State critical value.
26. Write down the format of the ANOVA table for one factor of
classification.
27. Write the format for Kristal Wallis test.
28. What are the uses of Chi-square distribution?
29. Define rank correlation coefficient and write down the formula.
30. Write down the regression co- efficient.
PART B – (5*16=65)
1. (a) Calculate the correlation coefficients for following data. The
heights of lather (x) and the sons (y)
X 65 66 67 67 68 69 70 72
Y 67 68 65 68 72 72 69 71
(Or)
(b) What are the different types of correlation in scatter diagram
method?
2. (a) substituting the values 1 to 8 into the probability distribution
gives.
X 1 2 3 4 5 6 7 8
P(x) 1/36 2/36 3/36 4/36 5/36 6/36 7/36 8/36
(Or)
 (b). Types of probability distribution.
3. (a) Consider the sampling distribution with p= 0.14 and sample
size n= 5000 we are need to find the mean and sampling distribution.
(Or)
(b) Is the difference between the sample mean significant.
4. (a) In an advertisement a pizza shop claims that the mean
delivery time is less than 30 minutes . A random selection of 36 delivery
times has a sample mean of 28.5 minutes and a standard deviation of
3.5 minutes. Is there enough evidence to support the claim at =.01?
(Or)
(b) What are the 7 steps in hypothesis testing?
5.(a) Calculate the correlation co-efficient between the highs
lather and son from the given data.
Height of father : 64 65 66 67 68 69 70
(in inches)
Height of son : 66 67 65 68 70 68 72
(in inches)
(Or)
(b) What are examples of parametric tests?