MB0024

STATISTICS FOR MANAGEMENT

1 Marks

The following is the frequency distribution

of wage of workers of a factory. Find the
arithmetic mean.
(a) 129
(b) 128
(c) 120
(d) 121
It is a range of values used to estimate a
population parameter:
a. Interval estimate
b. Point estimate
c. Population proportion
d. None of the above

The Probability of r successes in n trial is

given as:
r

n! r!(n-r)! P q

An operation that results in a

definite outcome is called an:
a. Sample experiment
b. Experiment
c. Random experiment
d. All of the above

A method of determines correction

when the data are not available in
numerical form and as a n attractive
method of ranking is used.

N
45 ee
ne 2 v
E
1
ev 0 d
ed 02 uc
u. 2 ati
on
co
m

n-r

(T/F)

a. False
b. True
c. Incomplete
d. None of the above
In this method several varieties of a certain
type of commodity under study are used.
a. Explicit Method
b. Implicit Method
c. Computation Method
d. Index method

a. Rank correction
b. Linear relationship
c. Scatter diagram
d. None of the above
A study of characteristics of units of
a population by using statistical
device and techniques is called:
a. Statistical Investigation
b. Statistical Survey
c. Statistical Carriers
d. Conclusion Collection

Ogives is basically:
a. Frequency curve
b. Frequency polygon
c. Cumulative frequency curves
d. None of the above

10

11 Movements that occur usually in brief

12

A study of characteristics of units of

a population by using statistical
device and techniques is called:
a. Statistical investigation
b. Statistical survey
c. Statistical Carriers
d. Conclusion Collection
Classification is a systematic
grouping of the units according to
their common characteristics. So
units having common characteristics
are grouped together each of these
groups is called.
a. Class
b. Group
c. Logically arranged
d. Instructions
Analysis of statistical data in

periods of time, without any pattern and

are unpredictable in nature.
a. Cyclic Variations
b. Random Variations
c. Seasonal Variations
d. None of the above

concerned with the question of

whether there is a relationship
between two variables.

14

15 Classification is a systematic grouping of

the units according to their common
characteristics. So units having common
characteristics are grouped together, each
of these groups is called:
a. Class
b. Group
c. Logically arranged
d. Instructions
17 Find the geometric mean of 1, 4, 16.

16

a. 3
b. 4
c. 9
d. 16

N
45 ee
ne 2 v
E
1
ev 0 d
ed 02 uc
u. 2 ati
on
co
m

13 It is defined as the sum of all values

divided by number of values:
a. Mean
b. Median
c. Mode
d. Probability

a. Co-efficient of variables
b. Correlation analysis
c. Inverse analysis
d. None of the above
e. All of the above
The mean (x) of marks scored by 30
girls of a class is 44%. The mean for
50 boys is 42%. Find the mean for
whole class.
a. 40.27%
b. 41.27%
c. 42.75%
d. 42.7%
The probability that we associate
with an interval estimate is called
the
a. Interval estimates
b. Confidence level
c. Random probability
d. Estimation probability

18

19 Two cards are drawn without replacement 20

from well stuffed pack of 52 cards. Find
the probability that one is a space and other
is a queen of red color.

a)
1/50
b)
1/51
c)
1/49
1/52
21 The frequency distribution is represented
22
by a set of rectangular bars with area
proportional to class frequency:
a. Histogram
b. Bar graph
c. Frequency distribution

Population having a stated or ltd

size.
a) Finite population
b) Infinite population
c) Judgment
d) Parametric
A sampling method in which a
sample is drawn in such a way that it
is systematically spread over all the
elements of population.
a. Stratified sampling
b. Systematic sampling
c. Sampling error
d. Sample
The standard deviation of the
distribution of sample static is
called:
a. Standard size
b. Standard error
c. Standard sample

d. Frequency polygon
23 The probability of the two or more
24
independent events occurring together or in
succession in the product of their marginal
probability.
P (AB) = P (A) x P (B)

26

Under this approach the investigator

or Researcher assigns probability to
the events either from his experience
or from past records.
a. Axiomatic Approach
b. Subjective Approach
c. Empirical Approach
d. Statistical Approach

N
45 ee
ne 2 v
E
1
ev 0 d
ed 02 uc
u. 2 ati
on
co
m

a. Joint
b. Marginal
c. Conditional
d. Subjective
25 In a one day cricket match, a bowler bowls
8 over. He gives away 3, 5, 12, 0, 4, 1, 3, 7
runs in these over. Find the mean run rate
per over.

d. Standard index
__________ handles uncertainty
systematically and scientifically.
a. Decision-making
b. Probability Theory
c. Ogive analysis
d. Bays Probability

a. 43.75
b. 4.375
c. 43.7
d. 437.5
27 Classical probability is also called a
a. Exhaustive
b. Priority
c. Dependent
d. Event

28

29 Find the formula of Range:

30

a. R = H-L
b. R = H-2L
c. R = 2H-L
d. R = H-2L

31 Probability plays an important role in;

a. Setting of goals
b. Planning
c. Decision making
d. Budgeting

32

33 Graphs used for frequency distribution are:

a. Histogram
b. Frequency polygon
c. Frequency curve

34

Index number represent the relative

changes are
a. Expressed in Percentage
b. Relative measure.
c. Expressed in numbers
d. Average
State whether it is true or not:
There is no single standard or
universal level of significance for
testing Hypothesis.
a. False
b. True
c. Cannot say
d. None of the above
Two or more events are said to be
________ if the occurrence of one
prevents the occurrence of other
events.
a. Mutually exclusive events
b. Equi-probable events
c. Independent events
d. Both a and b
If n > _____, then we do not apply
z-test unless population S.D. is
known.
a.25

d. All of the above

35 Standard error helps us in:

a. Testing of hypothesis
b. Constructing confidence interval for the
statistics
c. Giving reliability measure for the
statistic by its reciprocal value
d. All of the above
37 Find the geometric mean of 1.03, 1.04,
1.06, 1.08.

36

38

N
45 ee
ne 2 v
E
1
ev 0 d
ed 02 uc
u. 2 ati
on
co
m

a. 1.040
b. 1.070
c. 1.40
d. 1.70
39 Height of six students is 163, 173, 168,
156, 162 and 165 cms. Find the arithmetic
mean.
a. 164.5 cms
b. 164
c. 166
d. 165.1

2 Marks

b.30
c. 45
d.50
A variable which assumes values 1
and 0 with probabilities p and q = 1p, is called
a. Binomial distribution
b. Bernoulli distribution
c. Poisson distribution
d. None of the above
Describe different type of
probability.
a. Classical approach
b. Relative frequency approach
c. Subjective approach
d. All of the above

41 The odds against A solving a certain

problem are 4 to 3 and the odds in favor
of B the same problem are 1 to 5. Find
the probability that the problem will be
solved.

a. 16/21
b. 16/20
c. 15/21
d. 14/21
43 Suppose there are 8 persons from whom
we have to select samples of size 3.
How many samples can be selected?

40

42

State whether the given statements

are true or not:
Event B and A are statistically
independent the conditional
probability can be written as
P (B/A) = P (B)
Or
P (A/B) = P/A
a. True
b. False
c. Cannot say
d. None of the above

A bag contains 5 white, 7 red and 4

black balls. Four balls are drawn one
by one with replacement, what is the
probability that none is white?
a. 11/16
4

b. (11/16)
c. 16/11
d.

44

[ 11/16]

Suppose the probability of dialing a

wrong number is 0.05. Then, what is
the probability of dialing exactly 3
wrong numbers in 100 dials?

56
57
53
99

45 For the mode the formula as:

46

a. Z= 1+ [(f-f1) x c]
b. Z= 1+ [f-f1 x c]
2f-f1 x c
f1 f1-f2

Mode = 3 Median 2 Mean

Mode = Median 3 Mean
Mode = 3 Mean 2 Mode
None of above

N
45 ee
ne 2 v
E
1
ev 0 d
ed 02 uc
u. 2 ati
on
co
m

c. Z= 1+ [(f-f1) x c]
d. Z= 1+ [(f-f1) x c]
2f1f1-f2
2f-f1-f2
47 A class consists of 80 students: 25 of
them are girls and 55 boys: 10 of them
are rich and the remaining poor; 20 of
them are four complexioned. What is
the probability of selecting a fair
complexioned rich girl?

0.14
0.15
0.4
0.16
Define it.

a. 4/512
b. 6/512
c. 5/512
d. 2/512
49 A group of 10 students are to be divided
into 2 groups of 5 each and seated two
tables. How many different ways are
there of dividing the 10 students?
200
252
201
250

51 Rank Correlation
2
2
a.) R = 1 _ 6D or 1 _ 6D
2

N (N -1)

N3-N

48

Two dice are thrown. Find the

probability of getting an odd number
on the first dice and a multiple of 3 on
the other.
a. 1/2
b. 1/6
c. 1/3
d. 6/1

50

A nonparametric test that a concerned

with the degrees of agreement between
a set of observed ranks (Sample
Values) and a theoretical frequency
distribution.

52

a. Kolmogorav Smirnev test

b. Kurskal wall is test
c. Mann Whitney U test
d. None of the above
Karl Pearson coefficient of correlation.
a. r = x y
b. r =
xy
2

x y

b) R = 1 + 6D

N(N -1)
2

c) R = 1 _ D

c. r =
d. r =

x .y
xy

(x) (y)

N -1
d) R = 1 _ D

N -N
53 Index that compares the change in the
price or quantity of a single item
between two or more periods of time.

A method that uses past data to

estimate the relationship between two
variables.
a. Regression
b. Regression line
c. Slope
d. Standard line

N
45 ee
ne 2 v
E
1
ev 0 d
ed 02 uc
u. 2 ati
on
co
m

Quantity index
Simple index number
Price index
None of the above
55 Calculate the variance and co-efficient
of variation.

54

56

a. x= fd /N-(fd/N) xi , C.V = s/x

2

b. x= (fd) /N-fd/N xi
c. x = fd/N-fd/N xi
2

2/N

d. x= f /N- fd xi
57 At a dinner party 12 guests had been
invited. They are to be divided into 2
groups of 6 each and seated at 2 tables.
In how many different who is these
guests can be seated?

58

900
920
924
921
59 An index that links up different fixed
60
base indices to obtain a long comparable
series.
Chain index number
Index number
Defaulting number
All of the above

An index that measures the change in

value between two or more periods of
time.
Value index
Weighted index
Relative method
All of the above
Data arranged in relation to time. Such
data have four components trend,
cycle, and seasonal, irregular
movements.
Time series
Seasonal index
Forecasting
None of the above

For continuous frequency distribution

the median is:
a. M= 1 + [[N/2-m] x c]
b. M= L [N/2-m x c]
f
f
c. M= L+ [N/2-M x C]
d. None of the above

4 Marks
61 State following are not true:

62

Suppose 2 house in thousand catches

fire in a year and there are 2000 houses

in a village, what is the probability.
Then
i) None ii) at least one iii) not more
than 2 house catches fire

a. Populations from which the samples

are not selected are not normally
distributed.
b. The effect of various components are
not additive.
c. Analysis variance is useful to
test several means.
d. Another tool applied to test
several means in z/t test.

a)i. 0.01832
ii. 0.98168
iii. 0.2366

63 Find P(x=2), given mean and S.D. of

the binomial distribution are 4 and 3.
c

14

14

a. 16 2 (0.73) (0.25)
c

64

b. 16 3 (0.75) (0.25)
c

14

c. 16 2 (0.25) (0.75)
c

b) i. 0.01832
ii. 0.96168
iii. 0.2388
c) i. 0.01832
ii. 0.98168
iii. 0.2566
d) i. 0.01832
ii. 0.98166
Find the probability that X=3 for a
Binomial Distribution whose mean is 3
and variance is
a. 1672/1792
b. 1795/1800
c. 1792/6591
d. 6561/1792

N
45 ee
ne 2 v
E
1
ev 0 d
ed 02 uc
u. 2 ati
on
co
m

a, b, c, d
e only
a, c, d
a, b, d

14

d. 16 2 (0.75) (0.25)
65 State whether the given statements are
True or not:

1. Tabulation is a systematic
arrangement of classified data in row
and columns of a table.
2. A frequency distribution in which
class intervals are considered is a
continuous frequency distribution.
3. Each class interval is specified by
two limits which are called class limits.
4. A cumulative frequency curve is
called ogive.
a. 1-F, 2-T, 3-F, 4-T
b. 1-T, 2-T, 3-T, 4-T
c. 1-F, 2-F, 3-T, 4-T
d. 1-F, 2-F, 3-T, 4-F
67 Write the following steps in correct
sequence:
1. State the level of significance. This
gives you the tabulated normal/t

66

In Regression Coefficient which

statements are true:
a. It has unit attached to it.
b. There is no such nonsense
regression.
c. It is not meant for estimation
d. r = r
xy

yx

A. only a
B. c, d only
C. a, b, c only
D. a, b only

68

State following are not true:

a. Populations from which the samples
are not selected are not normally
distributed.

values.
2. Calculate the required values for the
test.
3. Conduct the test.
4. State Null Hypothesis (H ) and
alternate hypothesis (H ).

b. The effect of various components are

not additive.
c. Analysis variance is useful to
test several means.
d. Another tool applied to test
several means in z/t test.

5. Select the appropriate test from the

list.
6. Draw conclusion.

N
45 ee
ne 2 v
E
1
ev 0 d
ed 02 uc
u. 2 ati
on
co
m

a. 2, 3, 1, 5, 4, 6
b. 1, 2, 3, 5, 4, 6
c. 4, 1, 5, 2, 3, 6
d. All of the above
69 Match the following:

a, b, c, d
e only
a, c, d
a, b, d

70

1. Mutually exclusive i. there should

not be overlapping
2. Suitability ii. Similar units are
placed in the same class
3. Homogeneity iii. It should be
suitable to objectives of survey
4. Revealing iv. Should bring out
essential features of the collected data
5. Unambiguous v. It should not lead to
any confusion.

a. 1-v, 2-iii, 3-iv, 4-I, 5-ii

b. 1-I, 2-iii, 3-ii, 4-iv, 5-v
c. 1-I, 2-ii, 3-iii, 4-iv, 5-v
d. None of the above
71 Match the following:
72
1. Sampling error i. It is also known as
inherent error and cannot be avoided. It
is not worth to eliminate them
completely.
2. Non-sampling error ii. They are
attributed to factors that can be
controlled and eliminated by suitable
actions.
3. Biased errors iii. It arises in both
census and sampling method.
4. Unbiased errors iv. The errors that are
due to over-estimate and under estimate
such that they are equal.
a. 1-I, 2-ii, 3-iii, 4-iv

Collection of primary data cannot be

done by anyone of the following
methods:
1. Indirect oral interview
2. Information through agencies
3. Direct personal observation
4. Investigation is confidential
5. Accuracy of data is important
1, 2, 3
1, 3, 4
2, 5
4, 5

Fishers Ideal Method Define which is

correct.

a. Po1 = p1qo/poqo X
p1q1/poq1 X 100
b. Po1 = po/qo X po/qo X 100
c. Po1 = poq1/qo X po/qo X
100
d. Po1 = poqo/poqo X p1q1/po
X 100

N
45 ee
ne 2 v
E
1
ev 0 d
ed 02 uc
u. 2 ati
on
co
m

b. 1-ii, 2-I, 3-iv, 4-iii

c. 1-iii, 2-ii, 3-iv, 4-i
d. 1-iv, 2-iii, 3-ii, 4-i