Business Mathematics

MMS Sem I

31/10/2010

Assignment 1
Note : (A) Solve all the questions given below (B) Solve all the questions (except 5(a) and 6(b)) in the Business Mathematics question paper Dated 23/11/2009 (copy given) (C ) Only Handwritten Assignments will be accepted (D) Submission on 8th Nov., 2010 for all A, B, and C divisions. (E) Presentation and Summary for the Book Review should be ready by 8th Nov., 2010.
Q1. Calculate the average number of children born per family from the following data given the number of children born per family in 780 families. No. of children Born per family No .of families Q2. 0 50 1 60 2 90 3 100 4 200 5 220 6 40 7 10 8 5 9 3 10 2

calculate the median and mode for the following distribution. Marks no.of student Marks No.of student -------------------------------------------------------------------------------------------------------Below 10 15 Below 50 96 20 35 60 127 30 60 70 198 40 84 80 250

Q3. You are given the following data: Daily earnings No.of persons. Daily earnings No.of persons (Rs) (Rs) 25 25 31 340 26 70 32 130 27 210 33 90 28 275 34 55 29 430 3536 25 30 550 ________________________________________________________________________________ _ ________________________________________________________________ __2200_ _ (i)state the wage limit for the central 50% of the wage earner (ii)What percentage of the workers earned between Rs 28.5 & 30.5?

(iii)What percentage earned more than Rs. 31.5? (iv) What percentage earned less than Rs. 27.5? Q4. (i)How are the mean and median affected when it is known that for a group of 10 student, scoring an average of 60 marks ,the best paper was wrongly marked80 instead of 75? (ii)The number of divorces per 1000 marriages in the country instead from 84 in 1996 to 108 in 1988.Find the annual rate of increase of the divorce rate for the period1996 to 1998. Q5. The mean of the following distribution is 50 . But the frequencies f1 and f2 in classes 20-40 and 60-80 are missing. Find the missing frequencies: Class Frequency 0-20 17 20-40 f1 40-60 32 60-80 f2 80-100 19 120 Q6. Calculate the range and the coefficient of range of As monthly earning for a year.

Month 1 2 3 4 5 6 7 8 9 10 11 12

Monthly earning 139 150 151 151 157 158 160 161 162 162 173 175

Q7. Calculate mean deviation about A.M. from the following Value(x) Frequency (f) 10 2 11 12 12 18 13 12

Q8. Find the mean deviation from the mean for the following data : Class 0-10 10-20 20-30 30-40 40-50 50-60 60-70

interval Frequenc y

12

10

Q9. Calculate standard deviation of the following marks obtained by 5 students in a tutorial group. Marks obtained 8 12 13 15 22

Q10. The mean and standard deviation of20 items are found to be 10 and 2 respectively. At the time of checking it was found that one item 8 was incorrect. Calculate the mean and standard deviation - If . a.) the wrong item is omitted b.) it is replaced by 12 Q11. The arithmetic mean of runs scored by three batsmen- Vijay , Subhash and Kumar in the same series of 10 innings are 50 , 48 and 12 respectively. The standard deviation of their runs are respectively , 15,12 and 2. Who is the most consistent of the three? Q12. Coefficient of variation of two series are 70% and 90% and their standard deviations are 15 and 18 respectively. Find their means. Q13. What is the probability of getting white balls in a draw of 3 balls from a box containing 6 white and 5 red balls?
Q14. TV manufacturing company A claims that the performance of its brand A TV set is

better than two other brands. To verify this claim, a sample of 5 TV sets are selected from each brand and the frequency of repair during the first year of purchase is recorded. The result are as under: T V Brands A B C 4 7 4 6 4 6 7 3 6 5 6 3 8 5 1 In view of the this data, can it be concluded that there is a significant difference between the three brands? Q15. To study the performance of the three detergents and three different water temperature, the following whiteness readings were obtained with specially designed equipment Water Temp. Det. A Det. B Det. C Cold water 57 55 67

Warm water 49 52 60 Hot water 54 46 58 Perform a two- way analysis of variance using 5% level of significance (Ans: There are significant difference in the three variables) Q16. A box contains 100 transistors.20 of which is defective, 10 are selected for inspections. Indicate what is the probability that (i) all 10 are defective, (ii) all 10 are good, (iii) at least one is defective and (iv) at the most 3 are defective. ( use Binomial) Q17. Between 2 and 4 pm. The average no. of phone calls per minute coming into the switchboard of a company is 2.5. Find the probability that during one particular minute there will be (i) no phone calls at all , (ii) exactly 3 calls. (Use Poisson) Q18. The average daily sale of 500 branch offices was Rs. 150 thousand and the standard deviation is Rs. 15 thousand .Assuming the distribution to be normal, indicate how many branches have sale between Rs.1,20,000 and Rs.1,45,000; & Rs.1,40,000 and Rs. 1,65,000
Q19. Two dice are thrown. Find the probability that

a. The total of the numbers on the dice is 8, b. The first die shows 6, c. The total of the numbers on the dice is greater than 8, d. The total of the numbers on the dice is 13, e. Both the dice show the same number f. The sum of the numbers shown by the dice is less than 5 g. The sum of the numbers shown by the dice is exactly 6.

Q20. The odds in favour of a certain event are 2 to 5 and the odds against another event independent of the former are 5 to 6. Find the chance that one atleast of the events will happen

Q21. There are 3 economists, 4 engineers, 2 statisticians and 1 doctor. A committee of 4 from among them is to be formed. Find the probability that the committee: h. Consists one of each kind i. Has at least one economist Has the doctor as a member and three others.

Q22. An Urn contains 5 white and 7 black balls. Asecond Urn contains 7 white and 8 black balls. One ball is drawn at random and put into the second urn without noticing its colour.Aball is then drawn at random from the second urn, What is the probability that it is white?

Q23. The probability that a boy will get a scholarship is 0.9 and that a girl will get is 0.8. What is the probability that at least one of them will get the scholarship?

Q24. What is the chance that a leap year, selected at random will contain 53 Sundays?

Q25. Three groups of workers contain 3 men and 1 woman, 2 men and 2 women and 1 man and 3 women respectively. One worker is selected at random from each group. What is the probability that the group selected consists of 1 man and 2 women? Q26. A student secures 72 marks in an examination, in sociology for which his class average is 54 and the SD is 20 . He secures 76 marks in Statistics for which his class average is 52 and the SD is 12 . What can we say about the performance of this student with reference to these two examinations? (Convert Z scores or standard scores for both examination and make comments ) Q27. In a normal distribution 31% of the items are under 45 and 8% are over 64 . Find the mean and the standard deviation of the distribution. Q28. Making use of data given below, calculate the coefficient of correlation r12. Case A B C D E F G H

X1 X2

10 9

6 4

9 6

10 9

12 11

13 13

11 8

9 4

Q29. The following data gives the distribution of the total population and those who are totally or partially blind among them. Find out if there is any relation between age and blindness. Age(years) No. of persons(000) Blind 0-10 100 55 10-20 60 40 20-30 40 40 30-40 36 40 40-50 24 36 50-60 11 22 60-70 6 18 70-80 3 15

Q30. Twelve entries in painting competition were ranked by two judges as shown below; Entry A B C D E Judge1 5 2 3 4 1 Judge2 4 5 2 1 6 Find the coefficient of rank correlation Q31. Given the following values of x and y; X 3 5 Y 2 3 Find the equation of regression of i) ii) Y on X X on Y 6 4 8 6 9 5 11 8 F 6 7 G 8 10 H 7 9 I 10 11 J 9 12 K 12 3 L 11 8

Q32. The following data gives the experience of machine operators and performance rating as given by the no. of goods parts turned out per 100 pieces: Operator 1 2 3 4 5 6 7 8 Experience(i 16 12 18 4 3 10 5 12 n years)(X) Performance 87 88 89 68 78 80 75 83 ratings (Y) Calculate the regression line of performance ratings on experience and estimate the probable performance if an operator has 7 years of experience.