MMS SEM 1 BUSINESS MATHEMATICS

ASSIGNMENT - 3
Last date of Submission: 22nd November 2011 Q.1 Explain the following: i) Properties of good measure of variation. ii) Merits and limitations of range iii) Merits and limitations of Mean Deviation iv) Merits and limitations of Standard Deviation Q.2.Calculate the range, quartile deviation and coefficient of quartile deviation from the following data. Wages in rupees No. of wage earners 50-75 75-100 100-125 14 42 79 125-150 30 150-175 18 175-200 17

Q.3. The following table gives the marks obtained by students in the subject Business Mathematics. Marks obtained No. of students 10-12 14 20-30 26 30-40 43 40-50 52 50-60 35 60-70 20 Find: a) Range b) Quartile deviation c) Coefficient of Quartile deviation of the marks obtained by the students. Q.4.Find the median, mean deviation and coefficient of mean deviation of the following data: Salary 500-600 600-700 700-800 800-900 900-1000 1000-1100 1100-1200 Frequency 12 23 38 29 18 14 8

Q.5.Find the median , mean deviation and coefficient of mean deviation of the following data: Price in Rupees 25 30 35 40 45 50 No. of items 13 22 36 27 19 8

Q.6. From the prices if shares of A and B below find out which is more stable in value. A 85 81 76 89 84 74 82 93 58 B 215 230 221 210 232 228 237 212 241 (Note: Find standard deviation and coefficient of Standard deviation and then compare) Q.7. The following table shows the daily expenditure of students staying in a hostel. Expenditure 45-55 55-65 65-75 75-85 85-95 95-105 105115125135in Rs. 115 125 135 145 No. of 3 7 16 19 38 49 33 21 16 7 students Calculate the arithmetic mean, standard deviation and coefficient of Standard deviation of the above data. Q.8. The following table shows the percentage of marks scored by 8 students and the number of hours put by them for study. Find the coefficient of correlation between percentage and No. of hours. Percentage 75 No. of 135 hours 81 142 56 89 64 106 88 130 70 168 62 87 48 95 65 229

Q.9. The following table shows the salary of ten people and the cost of the mobile phone they are Using. Find the Rank correlation of coefficient between the salary and the cost of the mobile phone.

Salary (in 000 Rupees) Cost of mobile phone (in 00s Rupees)

45 120

23 82

11 36

65 95

32 130

41 225

90 310

28 30

17 22

47 56

Q.10. From the following data, find the two regression equations, using direct method.

X Y

9 6

11 8

13 7

10 5

8 9

9 6

12 7

i) ii) iii) iv)

If X= 15, Y=? If X= 13, y=? If Y= 14, X=? If y=20, X=?

Q.11. The following table shows the ages (X) and blood pressure (Y) of 8 persons. X 52 63 45 36 72 65 47 25 Y 62 53 51 25 79 43 60 33 i) Obtain the regression equation of Y on X and find the expected blood pressure of a person who is 56 years old. ii) Obtain the regression equation of X on Y and find the expected age of a person whose blood pressure is 55. Q.12. a) Explain the different kinds of coefficient of correlation in detail. b) Explain the importance of regression. c) Differentiate between coefficient of correlation and coefficient of regression.