Final: 15-2-2017 ALLAMA IQBAL OPEN UNIVERSITY, ISLAMABAD (Department of Statistics) WARNING 1. 2. PLAGIARISM OR HIRING OF GHOST WRITER(S) FOR SOLVING THE ASSIGNMENT(S) WILL DEBAR THE STUDENT FROM AWARD OF DEGREE/CERTIFICATE, IF FOUND AT ANY STAGE. SUBMITTING ASSIGNMENT(S) BORROWED OR STOLEN FROM OTHER(S) AS ONE’S OWN WILL BE PENALIZED AS DEFINED IN “AIOU PLAGIARISM POLICY”. Course: Statistics for Management (5412) Level: Associate Degree in Commerce Semester: Spring, 2017 Total Marks: 100 Pass Marks: 50 ASSIGNMENT No. 1 Q. 1 (a) (b) Define Descriptive and Inferential Statistics. Write a short note on arranging data using the data array and the frequency distribution. (10) Find mean, median, mode, lower quartile (Q1) and upper quartile (Q3) from the following data: (10) Class Interval 1-5 5-10 10-15 15-20 20-25 25-30 30-35 Frequency 3 10 24 30 25 8 4 Q. 2 (a) (b) Explain the difference between absolute measure and relative measure. (10) Draw a Histogram giving the steps involved for the following frequency distribution: (10) Mid values (x) 30 35 40 45 50 55 60 65 Frequency (f) 5 19 25 45 52 30 12 5 Q. 3 (a) What is meant by measures of central tendency? Explain various methods of finding Central tendency. (10) Find Arithmetic Mean, Median, Mode, Standard Deviation and Variation for the following data: (10) Class 3.7-4.1 4.2-4.6 4.7-5.1 5.2-5.6 5.7-6.1 6.2-6.6 Frequency 9 12 8 15 4 3 (b) Q. 4 (a) (b) (c) Q. 5 (a) (b) Explain what is meant by i) Statistical hypothesis ii) Test-statistic iii) Significance Level (10) The masses in grams, of thirteen ball bearings taken at random from a batch are 21.4, 23.1, 25.9, 24.7, 23.4, 21.5, 25.0, 22.5, 26.9, 26.4, 25.8, 23.2 and 21.9. Calculate a 95% confidence interval for the mean mass of the population, supposed normal, from which these masses are drawn. (05) In a random sample of 400 adults and 600 teenagers who watched a certain television programme. 100 adults and 300 teenagers indicated that they liked it. Construct 95% and 99% confidence limits for the difference in proportions of all adults and all teenagers who watched the programme and liked it. (05) What is difference between a one-sided and a two-sided test? When should each be used? (10) A random sample of 100 workers with children in day care shows a mean day-care cost of Rs. 2,600 and a standard deviation of Rs. 500. Verify the department’s claim that the mean exceeds Rs. 2,500 at the 0.05 level with this information. (10) ASSIGNMENT No. 2 Q. 1 (a) (b) Q. 2 (a) (b) Q. 3 (a) (b) Explain how the null hypothesis and the alternative hypothesis are formulated? Write down all the steps involved in testing of hypothesis. (10) A random sample of 16 values from a normal population gave a mean of 42 inches and a sum of squared deviations from this mean as 135 (inches) 2. Test the hypothesis that the mean in the population is 43.5 inches. Another random sample of 9 values from another normal population gave a mean of 41.5 inches and a sum of squares of deviations from this mean is 128 (inches)2. Test the hypothesis that mean of first population equals the mean of the second population, assuming that the variances of the two populations are equal. (10) Means of random samples, each of size 10, from two normal populations with the same standard deviation were found to be 16 and 20 respectively, Further; the sample standard deviations were equal to 5 and 7 respectively. Test the hypothesis that the populations have the same mean, using 0.05 level of significance. (10) The test was given to a group of 100 scouts and to a group of 144 guides. The mean score for the scouts was 27.53 and the mean score for the guides was 26.81. Assuming a common population standard deviation of 3.48, test, using a 5% level of significance, whether the scouts performance in the test was better than that of the guides. (10) Differentiate between regression and correlation problems, giving examples. (10) Fifteen boys took two examination papers in the same subject and their marks as percentages were as follows, where each boy’s marks are in the same column. Paper I xi Paper II yi Q. 4 (a) (b) Q. 5 (a) 65 78 73 88 42 60 52 73 84 92 60 77 70 84 79 89 60 70 83 89 57 73 77 88 54 70 66 85 89 89 Calculate the equation of the line of regression of Y on X. (10) What is a scatter diagram? Describe its role in the theory of regression? The following are the measurements of height and weight of 8 men: Height (inches) xi 78 89 97 69 59 79 68 Weight (pound) yi 125 137 156 112 107 136 123 Calculate the correlation coefficient between the height and weight. (10) 61 104 (10) Construct the simple index numbers from the following data taking i) 1990 as base year ii) average of first three years as base iii) average of all years as base. (10) Years Prices (b) Total Marks: 100 Pass Marks: 50 1990 20 1991 18 1992 23 1993 24 1994 25 1995 27 1996 28 1997 30 1998 32 1999 33 The prices and quantities of three items are given below. Using 2015 as base period, compute Laspeyre’s Index, Paasche’s Index and Fisher’s Ideal Index Numbers. (10) Prices Quantities Year 2015 2016 2015 2016 Books 45 50 5 6 Copies 55 70 6 7 Pens 12 18 12 13 ____[ ]____
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