1 Whlch of Lhe followlng would be approprlaLe cosL unlLs for a passenger coach company?

(l) vehlcle cosL per passengerkllomeLer

(ll) luel cosL for each vehlcle per kllomeLer
(lll) llxed cosL per kllomeLer

A (l) only
8 (l) and (ll) only
C (l) and (lll) only
2 1he followlng lnformaLlon ls avallable for a hoLLesL company for Lhe laLesL LhlrLy day perlod
number of rooms avallable per nlghL 40
ercenLage occupancy achleved 63
8oom servlclng cosL lncurred $3900
1he room servlclng cosL per occupled roomnlghL lasL perlod Lo Lhe nearesL penny was
A $323
8 $300
C $9730
u$13000
3 1he followlng lnformaLlon relaLes Lo a managemenL consulLancy organlzaLlon
$
Salary cosL per hour for senlor consulLanLs 40
Salary cosL per hour for [unlor consulLanLs 23
Cverhead absorpLlon raLe per hour applled Lo all hours 20

1he organlzaLlon adds 40 Lo LoLal cosL Lo arrlve aL Lhe flnal fee Lo be charged Lo a cllenL
AsslgnmenL number789 Look 34 hours of a senlor consulLanL's Llme and 110 hours of [unlor
consulLanLs 'Llme

WhaL ls Lhe flnal fee Lo be charged for AsslgnmenL 789?
A $6874
8 $10696
C $11466
u$12642

4 Whlch of Lhe followlng are llkely Lo use servlce cosLlng?
l A college
ll A hoLel
lll A plumber

A (l) (ll) and (lll)
8 (l) and (ll)
C (ll) only

3 1he followlng sLaLemenLs refer Lo quallLles of good lnformaLlon
(l) lL should be communlcaLed Lo Lhe rlghL person
(ll) lL should always be compleLely accuraLe before lL ls used
(lll) lL should be undersLandable by Lhe reclplenL
Whlch of Lhe above sLaLemenLs are correcL?
A (l) and (ll) only
8 (l) and (lll) only
C (ll) and (lll) only
u (l) (ll) and (lll)
6 1he essence of sysLemaLlc sampllng ls LhaL
A each elemenL of Lhe populaLlon has an equal chance of belng chosen
8 members of varlous sLraLa are selecLed by Lhe lnLervlewers up Lo predeLermlned llmlLs
C every nLh member of Lhe populaLlon ls selecLed
u every elemenL of one deflnable subsecLlon of Lhe populaLlon ls selecLed
7 A flrm whlch boLLles shampoo selecLs some fllled boLLles for examlnaLlon 1he procedure used ls LhaL
Lwo random numbers x and y are chosen SLarLlng aL Lhe xLh boLLle fllled every boLLle aL an lnLerval
of y ls Lhen chosen for examlnaLlon 1hls Lype of sampllng ls known as
A MulLlsLage
8 8andom
C SysLemaLlc
u SLraLlfled
8 1he followlng sLaLemenLs are ofLen made abouLslmple random sampllng
(l) lL ensures a represenLaLlve sample
(ll) lL ellmlnaLes selecLlon blas
Whlch of Lhe followlng ls always Lrue?
A (l) only
8 (ll) only
C 8oLh (l) and (ll)
u nelLher (l) nor (ll)
9 An accounLanL has Lo check a sample of lnvolces 1he lnvolces are dlvlded lnLo Lhree groups by value
as follows under 100100 300 and over 300 Samples are Lhen selecLed randomly from each
group
Whlch CnL of Lhe followlng sampllng meLhods ls lnvolved?
A ClusLer
8 MulLlsLage
C CuoLa
u SLraLlfled
10 1he followlng lnformaLlon for adverLlslng and sales revenue has been esLabllshed over Lhe pasL slx
monLhs
Month 5o/es revenue 4dvertisinq expenditure

133 3
2 123 23
3 200 6
4 173 33
3 130 43
6 223 63

uslng Lhe hlghlow meLhod whlch of Lhe followlng

ls Lhe correcL equaLlon for adverLlslng and sales
revenue from Lhe above daLa?
A Sales revenue 62300 + (23 x adverLlslng expendlLure)
8 AdverLlslng expendlLure 2300 + (004 x sales revenue)
C Sales revenue 93000 + (20 x adverLlslng expendlLure)
u AdverLlslng expendlLure 4730 + (003 x sales revenue)
11 A companys weekly cosLs ($C) were ploLLed agalnsL producLlon level () for Lhe lasL 30 weeks and
a regresslon llne calculaLed Lo be C 1000 +230 Whlch sLaLemenL abouL Lhe breakdown of
weekly cosLs ls Lrue?
A Weekly flxed cosLs are $1000 varlable cosLs per unlL are $3
8 Weekly flxed cosLs are $230 varlable cosLs per unlL are $1000
C Weekly flxed cosLs are $1000 varlable cosLs per unlL are $230
u Weekly flxed cosLs are $20 varlable cosLs per unlL are $3
12 1he correlaLlon coefflclenL (r) for measurlng Lhe connecLlon beLween Lwo varlables (x and y) has been
calculaLed as 06
Pow much of Lhe varlaLlon ln Lhe dependenL varlable (y) ls explalned by Lhe varlaLlon ln Lhe
lndependenL varlable (x)?
A 36
40
C 60
u 64
1he fo||ow|ng data are to be used for quest|ons 13 and 14
1he managers of Lhe caLerlng dlvlslon of a hosplLal wlsh Lo develop an lndex number serles for
measurlng changes ln food prlces As an experlmenL Lhey have chosen four lLems ln general use
whlch are summarlzed below

9rices per unit uontities
20x1 20x2 20x1 20x2
llour (kgs) 023 030 8000 10000
Lggs (boxes) 100 123 4000 3000
Mllk (llLres) 030 033 10000 10000
oLaLoes (kgs) 003 006 6000 10000

13 8ased on 20x1 as 100 calculaLe Lhe aasche prlce lndex for 20x2
A 824
8 12136
C 12108
u 826
14 8ased on 20x1 as 100 calculaLe Lhe Laspeyres prlce lndex for 20x2
A 824
8 12136
C 12108
u 826