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    45 views19 pages

    Statistics 3rd & 4th

    Uploaded by

    Shimul Hossain

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
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    if | Department of Accou!!"8 & Informati Za a8, Sagat vey wo atch 2" Year 1 Seo" Ser Final Exam ser ag an eminaon, 2020 Course No: ACCT 2103, Time: 3 Hours Course Title: Basic Statistics Total Marks: 60 Answer ar J ‘question must be sllsWered sequentially, Question# 01 b. Explai 9 ane of statistics as a business Nd managerial tool. efficacy enna Questionnaire containin& Not more than 20 questions to find out the 'A program, Jagannath university, Bangladesh. Question# 02 a Discus i SS the vatious-methods-of collecting primary-data, Indicate the situations in which be Tae these methods shouldbe used lowing frequency distribution related to the number of hours worked per month of 50 workers of a factory, Numbers of hours worked | Frequency | 30-55 3 35-80 4 30-105 6 105-130 9 130-155 2 155-180 iT 180-205 3 Construct avhistogram and frequency:polygon with the above data and comment on the shape of the distribution. i The following funds in assistance were sanctioned and disbursed during 2015-16 to 2020- 21 by a financial institution. Year Amount sanctioned | Amount disbursed (taka crore) (taka crore) 2013-14 2444 2066 2014-15 2607 2339, 2015-16 2905 2582 2016-17 3449 2961 2017-18 4394 3293 2018-19 4378 3781 2019-20 S791 4258 2020-21 5727 5041 Represent the data by appiediagram-y 2 Why standard deviation te most iy wed as a metus varton? b. For the two firms A and B belonging to same industry, the following details are available: Details & Firm B Number of employees 240 ‘Average wage per month Tk. 170 Standard deviation ofthe wage per month TS ‘Which firm pays out larger amount as monthly wages? Which firm shows greater variability in the distribution of wages? Find average monthly wage and the standard deviation ofthe wages of all employees in both the firms. Find- iii, | Combined 200 [7-746 Questioni# 04 ent of b. Why do we need relative measures of dispersiga? Explain he superiority of eo-effici as follows: variation over standard deviation, ¢. Inasurvey, data on daily wages paid to workers of two factories A and B are Daily Wages [Factory A [Factory B 20-30 15 25 30-40 30 40 40-50 45 60 50-60 60 35. 60-70 30 30 70-80 4 15 80-90 7 5 Find out; I. Which factory pays higher average wages? By how much? D sc coefficient. Question# 05 Il. Monthly wage bill of both factori (month 25 days) [fis 4 5 a. A study was made by a reiail merchant to determine the relation between weekly 10 advertising expenditure and sales. The following data are recorded Expenditure(TK.) [40 20 25% E130 50. 40, 20 50 Sales (TK.) 385 400 395 | 365 475, 440 490. 420 i, Plot a scatter diagram and interpret ii, Calculate the correlation coefficient and interpret ‘a iii, Find the regréssion line to predict weekly sales from advertising expenditure iv. Find coefficient of determination and interpret v. Estimate the weekly sales when a. Briefly discuss some of the reasons why a samy ivertising costs are 350 and 450 5 ple is chosen instead of instead of testing the 5 entire population? State the importance of sampling in business. b. Distinguish between sampling error and non -sampling error. What are their sources and 5 how these can be controlled? ©. What do you understand by simple random sampling? Discuss how can you draw simple 5 random sample of size 10 from a population of size 100? = _Lieio Plehales — Shetisties 2@. Definethe farm Plelstes 2 Accomeling wh the Croxton £ Gucden, Sietsties isthe adience uhleh dale wit-the collection presattetin, and analygis of nwneriaal data. LO_ ease he vetious methda vf collecting. prémaney chta? “The ‘imporctinit metods oft collexeting primacy chfa one? A Tigh Trkewieus 2 “Threw Questionnaires 3. Sehadyles 4. “Through LocaaS agents a “Mictough Observectons 6. Dire Experimentation. 20 Harrogrcam? Histogram 1s ore of he yg popula 2 ticket used graphical p metils, re mernoenting tre Frequency dytributon. less fitheneval are marked feng thes X ate 4. the, Shaquendies alkeng, fhe Y as: according fo citable gade., Frejueney Clygon Freeney Paygen. 6 a gar teat ~fo represcerct Frequeney. ctetdbutin. —Wetrichaes [oP Class “wherval arc settee! m X ola and the Frequencies dene the YX ads. 20_, fe ciegran _ A pi] liagrarm is prcelly_ used to aout howe @ whole is divided among sayercal erdepsrdas. Effective may of presenting pores shen Hee tutho fe quart fo saken as JOD. OY pa " ancl| deviation 4 ee, i ae ea NE tance nee tO I aul agi slang eviatin 2s sthe bent Merruce of agen ey ch HS medthemadtan! charzeserd shies zt Sry Heme of the dintkibletton. is amen le to algebra treatment Gi) TH tons, aPeated by Muastion Phrehucction of >ampting: than mot other: meanuress of vardation. WY) Ty prniihle Jo ailaulate, the combined astandate ceviatim of shoo oe mote qrceups« This in mot Pordble. Sth any. sthen_ mearurers. Fore eempariing. the vari bitty of hon ore mee ees coetetant of yard ation ‘nm @nkidered 0 be mist appreprd ce. and thin mearuwen baned en mean arel ortanclred! deviation, WA) Skandared ceviadtn in moat prceminertly ured in Parcdhre rt seta retical perk. SS 4, lhe} do pe mean con, by idiapert Siem Solution: The eae men of es of He valves of ay data j= among 7 them malves a calles a Teter of) diapercnion ore ‘esuaton when “The /laBere the, meanurce of cnperesiion “GW be the are at hol A motce sir lee che cover rare fo each othe. “The Figherc meanurce of inp pion, All be, the a> Bmtilare the »e0mer aree Ho ah there - init oiea ithe Hrepiben'of matauesd of dixperction 2 2 Eehetiones, Meanicen lof), tixpercrston up needed! br ZA. Syste! Yaa sve.) pureporer « There! EE toh ne deteratiine the, yectialility. of aa 7 Qe reme ana aan tel the control ot the vari 5.7% omens fe ors. ese _DeS™ rth veapard fo 1 Sere etal. 1 onMiins "go daha ahi aanpurfecnn ‘ot atherc wadriieal _meanurte Tig etre Starchoed desialon! ond GV. @ Slativns: “Stncksel Devielen The poxttiye ‘aquoree reo of Varianes “th aalledt standard deviatton. Rpulatin sskmcloed devialfo. in daroted by oo ard “tt ts aalaulated by the feremufa— rye ee St Gottibert of Venda): 1 Re ty the mann and © “tp the otemdared deviatin 6 a popul tion, chia ret the ave Hato of Variety Conte by Vw defined by ee !lefhen arttlhymatio MEAN V9 md gq acral! Yorctona © tah Del mecneuree of hen q Moke wre mediqn (2% before | a. u AS ane qed Megsurce wf eantel ef | 18 are Trak skewed "deta 8nd. ¢f edireme Values, 2 Gem vet eaiaulate quatttartive dele, 4. Gan net Roel Frapicdly. Awe a QV is baller flan 3b, re (Qor > Bes SD am nod comporee the vark i ten ore mre dstritoudin. hee wre numbsy th an eaxmparne ev sa ep ah fuse oC OTE Aystrabvstions - Verclal fi 7 7 & Sperkzmen's Tank eo recelastren at ad advan: ye of > (ation . Is oa 6VETT pram Rw used Xo “in be eafe reecclation Gan : Z Aitinere rel adfonship ase od \ineou and Cw befocen ty variables. 3. Pate. amredatin am be weal bre Brding ‘| Hhe easodatin befmeen ows qualitative as Woe gg fun quartiedtive varvables. whee Sample corereetohhn er ee fetes pied vary ables » “fol »{@; Leegclaoy Mace the Redetombip, betwcay spe oe More yar’, Aplen a oe t ‘are ration Dot Fel he fie" fetctonaip tachoeen the vexctoblen . 1@ a value of correlation effet icy hofacen el ad 34 e_averen rectectinskap oe rs he ramebrd variable 4 ye the tet Verciblex, KV! a J essinn vale ‘ny an | abmutrbe, value . tren Aneore relefornhip Ibehaeen she variables, @ “he value of Freep reason, evothiavort hes belaeen. — end ae ae Br cect 3 bekaesm Jory or mone yerciqbles ee addin, the Jeedishre aid @) sf the. be elftcnent of forreedetin tn postive. “then Hhe tao yaodables ace paitvey. coraolated & |i | | Mae -vertrc- i \ 4 “Ny Oe! repose | era explain at the decrease. in! axe one. sadable jn arneaighal ‘ath the inaness= tn the. ctherd variable. : vi) The (i) Qorercelation ere dia ut Rls | OD) Regreeasriran asf fidient in ndependert z Ghemge| 1) ackapondert ok there rit. de n Sout nod diseale. af) eercrectetion ih reqrceacion anchfi dant, ore same.) 1 J ha ' : (® comclain eeehtetent D Ceeension cnetiiead » fare -gummeddaalsfmefons Hats Gye Bye, | ho ay We ete rot aymmetrae Ractive Department of Accounting & Information Systems np. -g Jagannath University, Dhaka BBA (14 Batch) 2" Year 2" Semester Final Examination-2020 srime:3 hours Cus Codeand Name: ACCT 2208 (Staistis for Business Deeion) (OB, Anover ay fou questions Fewest the right margin indicate fal marks. Difeen pars f Nt, be placed sequentially} 1. (a)Define Random-variable? Wi 4 (1) Mr Rahaman just bought # VCR from Khan's Videotape service ata cost of TK. 3000, Now he has an option $ of buying an extended service warranty offering 5 years of coverage for TK. 100. After talking to his fiends and reading reports, Mr. Rahaman believes the following maintenance could be incurred during the next eyes Expense_[ 0 [so [too [150 | 200 [250 | 300 Probal 35 [25 | 1s [10 | 08 | 05 [02] Find the expected value oF the anticipated maintenance cosis. Should Mr. Rahaman pay TK. 100 forthe warranty? (©) A production Manager knows that 5% of. ‘components produced by a particular manufacturing process have 6 Some defect. Six ofthese components, whose characteristics can be assumed to be independent of each other, are examined, 1. What is the probability that none of these components has a defect? Tl What is the probability that one of these components has a defect? Ill. What is the probability that at least two of these components have a defect? Ao )) Write some examples which may be analyzed with the use of Poisson distribution. 3 (®) X is a random variable which indicates the production of wheat per one acre plot. Mean of rice production is 6 458 kg and standard deviation is 32 kg. Production is normally distributed. How many one acre plots in a batch of 10,000 plots would expect to have a production o i)” More than 650 kg. ii) Less than $40 kg. Between 400 kg and 600 kg. iv) Whatis the best production of the best 1000 plots? (©) Two electric tube lights of manufacturer A have mean lifetime of 1400 hours with a standard deviation of 6 200 hours, while those of manufacturer B have mean lifetime of 1200 hours with a standard deviation of 100 hours. If random sample of 125 tubes of each manufacturer are tested, what is the probability that the ‘manufacturer A tubes will have a mean lifetime which is at east: (i) 160 hours more than the manufacturer B tubes, (ii) 250 hours more than the manufacturer B tubes? (a) When do we apply non parametric methods of hypothesis testing instead of parametric method? 3 3 9 ) (c) An agriculture experiment designed to assess differences in yields of corn for four different varieties, using three different fertilizers, produced the results (in bushels per acre) shown in the table, Variety Fertilizers [A |B [ C[D 1 [86 [88 [77] 84 2 [92 {91 [81 [93 3 [75 [80 [83 | 79 1. Set out two way analysis of variance table, Test the null hypothesis that the population mean yields are identical for all four varieties of I. corn. II. Test the null hypothesis that population mean yields are the same for all three brands of fertilizers. 4 4 ; is : 8 Ina random sample of 500 persons from town A, 300 are found to be consumers of wheat. Ina sample of 5 400 from town B, 220 are found to be consumers of wheat. Do these data reveal a significant difference between Page 1 of 2 a a af e oe ea ve o Ss & ce . a ignifica 4 level of sign hours spew random 50 ned? Test at 5% jon owes consumers concerned? Test Se (el agate ANE hon (NCAAY pred a he EAN NU Week oh Coaching "ening ty calle etal sistant coaches during th St © oF S0 assistant coaches showed the sample mean to be 68.6 hours, with a S. i. Using sample data, construct 99% CI for the population mean. by NCL Does the 99% confidence interval include the values suggested by fii, Suppose you decided 10 swi calculations LA? Interpret the result, ‘i forming any Jy From a 99% to a 95% confidence interval. Without Pe will the interval increase, decrease, Or stay’ the same? ® What is fisher's ideal index? Why is it so-called? ‘Show that it satisfies the 5 sw) ft ime rev test? 6 : lowing data _{Gatelate the Laspeyre's and Paasche's price and quantity indices for the following data Base year 2020 | Current year 2021 ‘Commodity | Price | Quantity | Price | Quantity A 4 [io Ts 12 B 6] 8 7 10 Cc Cn 12 4 D. 312 4 1s zm E s [7 3 8 : 4 (peenquiry imo the budgets of middle class Families in ‘Chittagong gave the following information: Item a Fuel & Transport & Food Rent clothing Electricity Others Price (2015) 140 30 10 224 70 Price (2020) 17469 1s 2s 80 What changes in the cost of living figures of 2020 have taken place as compared to 20157 6. (a) What conditions must be satis! (b) A researcher is interested in data from a random sample of 15 fied for applying the “Chi-Square test’? State the applications of it, 4 the effect of gender on the tyPe of soaps used and has collected the following $ 0 person: Soap, Male | Female | Total] A 30 25 35 B 15 40 35 c 10 30 40 Total 35 95 150 Test at 10% level 1 of significance whether the types of soap and gender are independent, (©) An agriculture experiment designed to assess differences i ields of com for four different varieties, using 6 three different fertilizers, produced the results (in bushels er acre) shown in the table, Variet Fertilizers [ A | B | c¢ | D 1 86 | 88 | 77 | 84 2 g2 [or [ar [93 3 75 | 80 [3 | 79 i. Test whether the population mean yields are identical for all four Varieties of cor. il, Test whether population mean yields are the same forall three brands of fertilizers, #0 The End*ee Page 2 of 2 feandom — Verésalole. i Define Feemcom Variable’? fandom Varciable : ' Random’ “Varciable im a variable dhona! veluen ore any tefinide namberenquartitien dhat arcine an renutt of chance Shatyre ouch shed they aamth eomctly be predeted kn andonae. eamphe: ! : ' Supprare we have eared a com twice and we are, srbexe nad in the numbere of head, e we rds» a coin “ee, the rane apace in: Paw TH TTY, we tn He numbere o& heats then secon Hake vale 0,40. “Thun >< aan Be Taemmdered an’ random yartiabfe: : Bi Define dinexede. ranclom variable and cowkiriour ranclom variable wlth example + | Ammer: Tere. ace tae yp of random One: 4. Dinarefe tandem vardabhe variable. There 2. GoenFiriowr reanclom vertiaote. FLA probability Pnation ace Rnetomy on yeh all Bets are preloabilily Stvetionn. PNY [Bi Groabilihy Panelim ay a Panakion pacrids Ux do aompuhe probes ity Bye ay exent thet an defined ‘in = trerms of value of the rrandam: Vardialle. JB mean Mok probability dunedionn reelahe Shejreadem variable and probability of each jsutomen, ie cl On the other. hand, Finetio ‘pn. an ore expreanion “mve.hing. one ore mare , vardiabsen. Finatonn scefiere fo the ceokecfiennkivp behoaen apenderk ‘ard “mele pendent Variahley. Tt meaenn Phat Sunetish® ead bo lth vemctrm ard nm_yrandem Vardabser. he PThene “Letom trebihe fe reamclon vardiatbite with pedbobili Hom ba called probability meta, oShere dime nab: 2, pe aan may Hhak afl pedal hedy Pmationn orce : Simetionn bat not at Simei are probability dimationy, Z ho tomesSear Slatelias Gr Oniman, Dotto {2 Bme eocamples, of Baan cbeirdbacton: 4A Nhe hnumbere. of cord erasing Hrcwah 2 eertolin smack iy lime 2. We numbert of svicictias reeporcted pet choy 2. The number of pcg mistakes pac page of a Pook 4, Wee number of tefeprone aulls 27 Wombere of death from an disence, akodonk. [2 —> -@ ARE! BW) When gry, populetin hes equal SD and Plone orcmal dishébutim ahi prpuladin ace elf ae then ANOVE appieble. Hoc ne! 4, The pypulection Llloas the neremal charhrés bation 2 Aie peulation have

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