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Statistics Unit Test-Part 1 +probability

The document is a practice test for statistics and probability consisting of multiple choice, short answer, and long answer questions. Some key details: - It is divided into 5 sections with varying point values for different question types - Questions cover topics like index numbers, correlation, regression, probability, and time series analysis - Sample questions calculate index numbers, find correlation coefficients, determine probabilities, and derive regression lines

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sudeep pathak
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95 views

Statistics Unit Test-Part 1 +probability

The document is a practice test for statistics and probability consisting of multiple choice, short answer, and long answer questions. Some key details: - It is divided into 5 sections with varying point values for different question types - Questions cover topics like index numbers, correlation, regression, probability, and time series analysis - Sample questions calculate index numbers, find correlation coefficients, determine probabilities, and derive regression lines

Uploaded by

sudeep pathak
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 3

Shri V.R.

Shah Smruti Shikshan Mandir


Unit Test Time: 2 Hours Total Marks: 50 Standard 12 th Commerce

Statistics Chapters-Part 1 and Probability Date: 11 th September 2023

Section A: Multiple Choice Questions (1*5=5 Marks)

1. The price of the item increased by 2.5 times in the current year as compared to the base
year. What will be the price index number?
a. 35
b. 450
c. 250
d. 350
2. Which kind of correlation will you get between the number of units sold and its revenue
at constant price?
a. Perfect positive
b. Partial positive
c. Perfect negative
d. Partial negative
3. If r=0.7, how much part of total variation in the dependent variable can be explained by
the regression model?
a. 70%
b. 49%
c. 36%
d. 30%
4. Which type of variations is produced in the time series variable due to seasonal
component?
a. Long-term
b. Irregular
c. Regular
d. Zero
5. What is the probability of having 5 Thursday in the month of February in a year which is
not a leap year?
a. 0
b. 1/7
c. 2/7
d. 3/7

Section B: Answer in 1 or 2 sentences (1*5=5 Marks)


6. Name the important basic tests of index numbers.
7. What is the main limitation of scatter diagram method?
8. What is an error in context with a regression line?
9. When is the method of moving average more useful to find trend?
10. Draw the Venn diagram for A-B, the difference event of A and B.

Section C: Answer the following questions (3*3= 9 Marks)

11. The chain base index numbers for sales of a certain type of scooter from the year 2010
to 2015 are as follows. Find fixed base index numbers.

Year 2010 2011 2012 2013 2014 2015


Index 110 112 109 108 105 111
Number of
Sale
Or
State the characteristics of Index number.
12. A transport company wants to know the relation between driving experience and the
number of accidents by the drivers. The sum of squares of differences in the ranks given
to driving experience and the number of accidents by eight drivers is found to be 126.
Find the rank correlation coefficient.
13. Person A speaks truth 90% cases whereas person B speaks truth 80% cases. Find the
probability that persons A and B differ in stating the same fact.

Section D: Answer the following questions (5*2= 10 Marks)

14. Two cards are drawn from a well shuffled pack of 52 cards. Find the probability that:
1. Both the cards are of different colour
2. Both the cards are face cards
3. One of the two cards is a king
15. The quantity index numbers of consumption of edible oil in a state are given in the
following table. Find the trend using five yearly moving averages.

Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Index 115 121 119 120 117 119 120 118 116 124 125
No.

Section E: Answer the following questions (7*3= 21 Marks)

16. The index numbers of food and clothing among the different groups of cost of living are
150 and 224.7 respectively for the year 2015. The price of fuel has increased by 220%.
The expense on rent has increased from INR 4000 to INR 6000 and miscellaneous
expenses increased by 1.75 times. If the expenditure for the first four groups are 40%,
18%, 12% and 20% respectively, find the cost of living index number for the year 2015
and interpret it.
17. To study the relation between the age (X years) of teenage children and their daily
requirement of protein (Y grams), the following information is obtained from a sample
of 10 children taken by the Health Department of State.
Σx = 140, Σy=150, Σ(x-10)2=180, Σ(y-15)2=215, Σ(x-10)(y-15)=60
Find the correlation coefficient between X and Y.
18. The information regarding daily income (in INR) and expenditure (in INR) of five labour
families earning by daily work.

Daily Income 200 300 400 600 900


(INR)
Expenditure 180 270 320 480 700
(INR)
Obtain the regression line of the expenditure on the daily income. Estimate the
expenditure of a family having daily income of INR 500.

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