Bus - Stats Unit-I, II.Q.B

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Business Statistics (BB33A)

UNIT – I

2 Mark Questions

1. What is Statistics? (or) What do you mean by Statistics?


2. Mention any two limitations of statistics.
3. State the different types of data.
4. Define primary data.
5. What do you understand by secondary data?
6. Distinguish between Primary and Secondary Data.
7. What are the objectives of classification?
8. What is meant by Tabulation? **
9. Define Histogram. ***
10. Define frequency Polygon
11. State any two uses of graphical presentation of data.
12. Define - Lorenz Curve.
13. What is pie-diagram? **
14. What is meant by measure of central tendency?
15. What are the measures of Central Tendency?
16. What is mean? (Or) Define Average.
17. Define Median.
18. Define ‘Mode’ (or) what is mode? ****
19. Write the Empirical relation between mean, median and mode.
20. What is the geometric mean of 3 and 27 ?
21. Define Harmonic Mean. **

5 Mark Questions

1. Explain main the characteristics of Statistics. ***


2. State the important features of statistics.
3. How will you classify data on different criteria?
4. What are the requisites of a good table ? (or) Explain Tabulation of a statistical data.
5. Write the difference between diagram and graphs.
6. What are the uses of statistical diagrams?
7. What are the main rules to be followed for construct a graph?
8. What are the different types of graphs?
9. Explain the various sources of collecting secondary data.
10. Compute median from the following data :
Mid values : 115 125 135 145 155 165 175 185 195
Frequency : 6 25 48 72 116 60 38 22 3
11. Find the Harmonic mean for the following data: X : 5, 7, 10, 24, 30.
12. Find the Harmonic Mean for the following data:
Value (X) : 10 12 14 16 18 20
Frequency : 5 18 20 10 6 1
13. The median of a distribution is 27.73 and its mode is 27.78. Find out mean of the
same.
14. Calculate A.M, G.M, H.M of the following values : 3, 6, 24, 48.
15. Find the co-efficient of skewness from the following information,
Difference of two quartiles = 8, Mode = 11, Sum of two quartiles = 22, Mean = 8.

10 Mark Questions

1. Explain the importance of statistics.


2. Explain the types of classification.
3. Discuss the different types of diagrams.
4. Compute the Mean, Median and Mode of the following series.
Marks : 0-10 10-20 20-30 30-40 40-50 50-60 60-70
No.of students : 7 18 34 50 35 20 6
5. From the following data find out Arithmetic Mean and Median.
Height (cms) : 120 122 124 126 128 130
No.of Students : 5 7 9 6 4 10
6. Find mean, median and mode from the following data.
Marks : 5-10 10-15 15-20 20-25 25-30 30-35 35-40 40-45 45-50
7. No. of students : 7 15 24 31 42 30 26 15 10

UNIT – II

2 Mark Questions

1. What are the objectives of the measure of Dispersion? **


2. What is Range? How is it calculated? **
3. Explain Quartile Deviation. (or) What is Quartile deviation? **
4. Define the term mean deviation (M.D) **
5. What is standard deviation (S.D) **
6. Define Co-efficient of variation (C.V).
7. State the meaning of skewness. (or) What is meant by skewness? ***
8. Define Kurtosis. (or) What is meant by kurtosis?
9. What are the types of Kurtosis?
10. Whatdo you mean by scatter diagram.
11. Define Correlation.*** (or) What do you mean by correlation?**
12. State any two types of correlation. **
13. Define the term Regression
14. What is simple Regression?
15. What are the uses of regression?
16. What are the merits of rank correlation.
17. What is negative correlation?

5 Mark Questions

1. Find the range and co-efficient of Range for the following data:
158, 160, 165, 166, 168, 170, 173
2. Find the range and co-efficient of range for the following data:
C.I : 10-20 20-30 30-40 40-50 50-60
Frequency : 8 10 12 8 4
3. Calculate quartile deviation from the following data :
25, 15, 30, 45, 40, 20, 50.
4. Compute mean deviation for given series ·
X : 5 10 15 20 25 30
Y: 3 4 8 12 7 2
5. From the under mentioned details, calculate standard deviation.
Marks : 10 20 30 40 50 60
No. of students : 8 12 20 10 7 3
6. Calculate the Standard Deviation for the following data:
Wages (Rs.) : 50 60 70 80 90 100
No.of Workers : 17 22 15 13 27 31
7. Explain Scatter Diagram.
8. Calculate Karl Pearson’s co-efficient of Correlation from the following data:
X : 10 12 18 24 23 27
Y : 13 18 12 25 30 10
9. Calculate Rank correlation co-efficient.
X : 48 33 40 9 16
Y : 13 15 24 6 20
10. Calculate Rank correlation co-efficient.
Judge-A : 1 2 3 4 5 6 7 8 9 10
Judge-B : 3 4 10 7 8 5 1 2 6 9

10 Mark Questions

1. Calculate the standard deviation from the following data :


C.I : 0-5 5-10 10-15 15-20 20-25 25-30 30-35 35-40
F: 2 5 7 13 21 16 8 3
2. Find the standard deviation from the following data :
Age : 0-10 10-20 20-30 30-40 40-50 50-60 60-70 70-80
No. of persons : 15 15 23 22 25 10 5 10

3. Compute standard deviation for following data :


X: 0 –10 10–20 20–30 30–40 40–50 50–60 60-70
Y: 1 4 17 45 26 5 2
4. Calculate Bowleys Co-efficient of skewness:
No.of Children for family : 0 1 2 3 4 5 6
No.of familes : 7 10 16 25 18 11 8
5. Calculate co-efficient of correlation:
X : 65 66 67 67 69 70 72
Y : 67 68 65 68 72 69 71
6. Calculate co-efficient of correlation:
X : 22 24 38 35 69 78 46
Y : 66 59 63 68 75 86 68
7. Calculate the value of ‘r’ for following data :
X: 8 10 13 19 21 24
Y: 12 16 11 13 16 28

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