Honours 2nd year exam 2023 Department: Finance & Banking Subject: Business Statistics (In English) 222401 Premium Suggestion

Part-B (Short Questions)

  1. “Statistics is both a science and art.”-Explain. 100%
  2. What are the essential requisites of a good measure of central tendency? 100%
  3. Proof that A.MG. M≥ H.M 100%
  4. Show the difference between skewness and kurtosis. 100%
  5. The mean age of a combined group of men and women is 30 years. If mean age of the group of men is 32 and that of the group of women is 25, find out the percentage of men and women in the group. 100%
  6. From the following information determine Median and Standard Deviation: 5, -3, 0, 12, 7, 9, 10, 2. 100%
  7. Draw a sample of 3 units from a population of (2, 4, 6, 8). Write down samples. Show that variance mean of samples is equal to population variance. 100%
  8. What is statistics? 100%
  9. Write down the scope of statistics. 99%
  10. Briefly discuss the nature of business statistics. 99%
  11. When geometric mean is preferred to arithmetic mean. 99%
  12. Difference between simple and weighted arithmetic mean. 99%
  13. What do mean by geometric mean? Explain briefly with example. 99%
  14. What do you mean by standard error? 99%
  15. Write down the properties of standard deviation. 99%

C-Part (Compositional Questions)

  1. (a) Describe the functions of statistics. 100%

(b ) Show the distinction between continuous variable and discrete variable. 100%

  1. (a) What steps are followed in hypotheses testing? 100%

(b) In a sample of 1,000 persons from the village of Chatkhil, 660 are found to be consumers of rice and the rest consumers of wheat. Can it be concluded that both the food articles are equally popular? 100%

  1. (a) What are the major assumption of ANOVA? 100%

(b) Describe the steps followed in analysis of variance. 100%

  1. (a)State the use of regression analysis. 100%

(b) “Statistics is the main tool for the decision making of business”- Explain. 100%

  1. (a) What is questionnaire? 100%

(b) Describe the qualities of good questionnaire. 100%

  1. (a) Show the difference between inclusive class interval and exclusive class interval. 100%

(b) State the characteristics of an ideal frequency distribution. 100%

  1. (a) What do mean by frequency distribution? Briefly explain with example. 100%

(b) What do you mean by measures of central tendency ? 100%

  1. (a) What are the essential characteristics of an ideal average? Which measure of central tendency is the best? 100%

(b) Show the difference between histogram and historigram. 100%

  1. (a) Mention the five features of central tendency. 99%

(b) What are the various measures of dispersion. 99%

  1. (a) Mention the significance of measuring dispersion. 99%

(b) Why standard deviation is considered to be the best measure. 99%

  1. (a) Briefly, explain measures of dispersion, with example. 99%
  2. (a) Discuss the different types of correlation. 99%

(b) Distinguish between positive, negative and zero correlation. 99%

  1. (a) What do you mean by causation? Briefly explain with example. 99%

(b) Definition of regression line. 99%

  1. (a) What is regression co-efficient? 99%

(b) State some of the important properties of regression co-efficient. 99%

15.(a) Mention the elements of set theory. 99%

(b) Briefly explain the concept of probability with example. 99%