IMPERIAL BUSINESS COLLEGE c.

Approximately how much could a real estate salesperson whose performance

Warm Up Test 1 was about 25 percent from top expect to earn annually?
12. a. Nepal Telecom announced on advertisement for the post of
Program: BBA Semester: III Time: 3 Hours
telecommunication engineer to fulfill one vacant post for its Butwal branch.
Subject: B. Statistics Full Marks: 100
The application of the potential candidates is presented in the following table
Subject Code: STT 101 Pass Marks: 45
Age (years) B.E. M.E.
Candidates are expected to answer the questions in their own words as far as
practicable. The figures in the margin indicate full marks. Under 25 60 8
25-30 7 26
Group A: Brief questions (10 x 2 marks = 20) Above 30 9 10

If one of the applications is selected at random, find the probabilities that

1. Differentiate descriptive and inferential statistics. i. He has completed master in engineering given that he is above 30
2. In a normal distribution, the probability of values exceeding 70 is 15% with years old.
standard deviation of 9.62. Find the mean of given distribution. ii. He has done bachelor in engineering and he lies between 25 to 30
3. The following is the five number summaries of the return data of 120 mutual years.
funds in Kathmandu: 37.3, 41.7, 53.8, 60.85 and 65.5. Explain the shape of the b. Using the information listed below, determine index for qualitative variation(IQV)
distribution. to find the ecological region wise diversity for mountains, hills and tarai on the
4. A random variable x has the following probability distribution basis of type of school attended by individual currently in school by
Values of X -2 -1 0 1 2 3 percentage.
P(x) 0.1 K 0.2 2k 0.3 k Types of school attended Mountain Hills Tarai
Find the value of k. calculate the mean of the distribution. Community Govt. School/ 90.6 74.4 66.1
5. You are given p(x = 1) = 0.4096 and p(x = 2) = 0.2048. Find the value of p College
when n = 5. Institutional/ Private School/ 9.3 25.1 31.7
6. Coefficients of variations of two series are 75% and 90% and their standard College
deviations are 15 and 18 respectively. Find their means. Other School/ College 0.1 0.4 2.2
7. There are 3000 students in SAP institute of management. The manager of the Total 100.0 100.0 100.0
13. a. An advertising executive is studying television viewing habits of married
institute selects 100 students in a sample to know that how much marks are
men and women during prime time hours. One the basis of past viewing
generally secured by the students and found the average marks of each student records, the executive has determined that during prime time, husbands are
is 60 with variance of 10. Find the standard error of mean. watching television 60% of time. When the husband is watching television,
8. Find the conditional probabilities of P(A/B) and P(B/A) from the following 40% of the time the wife is also watching television. When the husband is not
information given below. P(A)=0.48, P(B)=0.72 and P(A and B)=0.272. watching television, 30% of the time the wife is watching television. Find the
9. In a class of 50 students 10 have failed and their average marks is 2. The total probability that:
marks secured by the entire class were 281. Find the average marks of those i. The wife is watching television in prime time.
who have passed. ii. If the wife watching television, the husband is also watching television.
10. If E(𝑥𝑥) = 68 and Var(𝑥𝑥) = 9. Then compute: b. A survey conducted in 2010 found that about 30% of the employed BBA students
a. E(5𝑥𝑥 + 3)b. Var(5𝑥𝑥 − 3). graduated from Pokhara University wanted to change their jobs once the
economy improves. Suppose that different organizations of Nepal randomly
Group B: long questions (6 x 10 marks = 60) recruited 10 new employees from this school, what is the probability that more
11. A national association of real state sellers has collected these data on a sample than half of the new recruits will switch their job assuming that this trend holds
of 150 sales people representing their total commission earning annually. good for the entire workforce of management graduates of this University.
Commission(Rs.000) 0- 5- 10- 15- 20- 25- 30- 35- 14. Discuss different methods of primary data collection.
5 10 15 20 25 30 35 40 15. (a) The following marks have been obtained in two papers of statistics in
Frequency 6 12 15 35 40 23 11 8 examination by 12 students. In which paper is the general knowledge of the
Construct an Ogive that will help you answer these questions: students highest? Give reason.
a. About what proportion of the salespeople earns less than Rs. 1800? 1st paper: 36, 56, 41, 46, 54, 59, 55, 51, 52, 44, 37, 59
b. About what does them middle salesperson in the sample earn? 2nd paper: 58, 54, 21, 51, 59, 46, 65, 31, 68, 41, 70, 36
(b) The mark distribution of 104 students are given below:
Central rank of group 10 20 30 40 50 60 70 Group C (Case Question) [20]
No. of students 7 8 13 29 35 9 3
Find the pass marks of 78 students passed the examinations.
18. (a) Suppose a branch of Kumari bank located in a residential area, is most
16. (a) From the following information, test the hypothesis that whether concerned with the Friday evening hours from 5:00 pm to 7:00 pm. The
two means are significantly different or not. waiting time in minutes (operationally defined as the time the customer enters
the line to the time he or she is served) of all customers during these hours is
Sample 1 Sample 2
recorded over a period of one week. A random sample of 15 customers is
Sample sizes 7 10
selected, and the results are as follows:
Sample means 27 32 9.66, 5.90, 8.02, 5.79, 8.73, 3.82, 8.01, 8.35, 10.49, 6.68, 5.64, 4.08, 6.17, 9.91,
Sum of squares of deviation from mean 266 350 5.47
(b) A special tuition class on statistics in a group of 10 students was (i) Compute mean and median.
administrated and the students yield following increase in marks: (ii) Compute the variance, standard deviation, range, coefficient of variation.
5, 6, -2, 9, 12, -1, 0, -5, 8 and 10 (iii) Are the data skewed? So how?
Test at 5% level of significance that whether the tuition class was effective or (iv) As a customer walks into the branch office during evening time, he asks
not. the branch manager how long he can expect to wait. The branch manager
replies, “Almost certainly not longer than five minutes.” On the basis of
17. (a) Airline passengers arrive randomly and independently at the passenger the results of (i) and (iii), evaluate the accuracy of this statement.
screening facility at a major international airport. The average arrival rate is 4
passengers per minute. (b) The following are weekly production in units of 60 workers in a
i. What is the probability that two or three passengers arrive in a manufacturing company
minute? 23 35 41 82 75 46 48 88 72 44 85 51 51 77 62 75
ii. What is the probability that at least two passengers arrive in a minute? 68 50 64 25 49 56 55 16 82 39 32 51 52 62 19 52
iii. What is the probability that exactly one passenger will arrive in two 54 63 45 56 33 48 67 39 40 54 50 64 46 69 57 40
minute? 39 49 55 53 20 55 72 57 52 57 42 75
The manager has decided to give bonus of Rs. 5, 10, 15, 20 and 25 to each
(b) An auto insurance company charges younger drivers a higher worker in the respective output group of 40 or over weekly output.
premium than it does older drivers because younger drivers as a group tend (i) Find the average bonus received by the workers.
to have more accidents. The company has 3 age groups: Group A includes (ii) Find S.D., and C .V. bonus.
those under 25 years old, 25% of all its policyholders. Group B includes
those 25-39 years old, 40% of all its policyholders, Group C includes those
40 years old and older. Company records show that in any given one-year
period 11% of its Group A policyholders have an accident. The percentage THE END
for groups B and C are 15% and 12% respectively.
i. What percent of the company’s policyholders are expected to have an
accident during the 12 months?
ii. Suppose Mr. X has just had a car accident. If he is one the company’s
policyholders, what is the probability that he is under 25 years?