Business Statistics (2023)

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SYMBIO: INTERNATIONAL (DEEMED UNIVERSITY) (Established under Section 3 of the UGC Act, 1956) Re-accredited by NAAC with ‘ew Grade (3.56/4) Awarded Category - I by UGC ait gress [Seat No, LL] Institute: (0102)SYMBIOSIS LAW SCHOOL, NOIDA Programme: (010224) BACHELOR OF BUSINESS ADMINISTRATION AND BACHELOR OF LAWS Bateh: 2020-25,2021-26 Semester: Ill Course: Business Statistics Course Code: 0102240303 Date: 26/05/2023 Ma: Day: Friday Time: jum Marks: 45 = 15:30 NOTE : DO NOT WRITE ANYTHING ON THE QUESTION PAPER Part -I (Objective Type Questions) Instructions: 1) All questions are compulsory. 2) Each question carries two Marks (Total 10 Marks) Q.1. Which of the following measure of Central Tendency is not affected by extreme observations? (2 Marks) (CO 1) Mean Median Deviation aroufid the Mean Deviation around the Median peer Q2. The lower limit of the elass interval is considered for calculating: @ Marks) (CO 1) a, ‘Less than’ cumulative frequency b. ‘More than’ cumulative frequency c. Relative frequency - : d.. Marginal frequency Q.3. Goals scored by a hockey team in successive matches are 5,7,4,2,4,0,5,5, and 3. What is the number of goals, 2 team must score in the 10" match in order that the average comes to 4 goals? (@ Marks) (CO 2) «5 2 b 4 3 6 - a7 Q.4. For a certain data one the regression coefficient is 0.80, coefficient of correlation is 0.715, calculate another regression coefficient. (@ Marks) (CO 4) a, 0.658 b. 0.785 c, 0.80 4. 0.639 QS. The lowest strength of association is reflected by which of the correlation coefficient? ore Marks) (CO3) 0.95 -0.60 0.35 0.29 eoge Part-II (Subjective Type Questions) Instructions: All questions are compulsory (Total 35 Marks) Q.1. An investment company provides the following information to the subscriber to enable them to evaluate the performance of mutual funds they are considering as potential investment vehicles. A recent deployment of funds whose investment goal was growth and income produced the following data on a total annual rate of return over the past five years: ‘Annual Returns | Frequency : (%) TOTS 2 12,0-12.9 2 13.0-13.9 8 14.0-14.9 18 15,0-15.9 i 16.0-16,9 « 8 17.0-17.9 3 18.0-18.9 t Calculate the Standard Deviation and its corresponding coefficient. (15 Marks) (CO 2) OR Q.1. Compare the dispersion of the following series using the co-efficient of mean deviation from median: Age [16 17 18 19 120 2 2 B 2 | (years) No.of | 4 3 7 12 20 13 5 0 4 Boys No.of | 2 oO 4 8 1S 10 6 3 2 Girls (15 Marks) (CO2) Q2. The following table gives the quantity of bubble wraps rolls (in kg) purchased by Dykaa at specific prices during the last few months: Month [Price perkg | Quantity Gn (inRs.) Kg) 1 96 250 z 10 200 3 100 250 4 90 280 5 86 300. 6 92 300) 2. 112 220 8 112 220 9 108 200 10 116 [210 i 86 300 12 92 «1250 Q2. Qa. Q3. a. Find the Regression equations based on the above data b. Can you estimate the approximate quantity likely to be purchased if the price shoots to Rs. 200 per ke? c. What is the strength of the association between the 2 variables? (15 Marks) (CO 4) OR Following are the marks obtained by a certain number of students in a class test of Computer Programming & Java Language: Roll No, 1.2 |3 (4 |s 6 |7 [s [9 fo [at [2 Marksin [16 |0 |S [4 [18 {2 [20 {5 |S [is {7 [20 Computer Programming : Marksin [15.]2 13 [10 {@ [9 {ts {9 [20 [16 |i0 [19 Java Language Roll No. 13 [14 [is |16 fiz fis fio [20 [21 [22 [23 [24 Marksin [15 [10 {8 |i [is |iz |i [iz [10 [is [10 [17 Computer : | Programming 3S Marksin [123.13 {3 [to |[i2 |i (7 [19 [16 |is [4 Java Language Prepare a correlation table taking the magnitude of each class interval as 4 marks. Calculate Karl Pearson's Coefficient of Correlation between marks in Computer Programming & Java Language and comment. (15 Marks) (CO 3) Calculate the second decile,.fourth decile, and range of mid-70 % data from the following information: (5 Marks) (CO 1) ‘Age of Head | Number ‘Age of Head of | Number ofFamily | (inMillionsy | Family (Years) | ( Wane Under 25 | 2.22 25-29 4.05 ss, ai6 30-34 5.08 Over 50 1.66 35-39 10.45, 40-44 9.AT OR ‘Taking thonumber of letters in each word as a variable, construct a frequency distribution table and calculate the mode and median "4 candidate at the time of applying for registratton as a student of the institute should be not less than eighteen years of age and have passed the intermediate examination of a university constituted by lawin India or an examination recognized by Central Government as equivalent thereto, or the National Diploma in Commerce Examination or the diploma in Rural Service Examination conducted by the National Council of Rural Higher Education" - (S Marks) (CO 1)

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