Honors 3rd Year Exam 2023 Held 2025
Department: Marketing
Subject: Business Statistics-II (In English): 232307
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B-Part
- Discuss the importance of probability in making business decision. 100%
- Distinguish between census and sample. 100%
- Distinguish between type-l and type-Il error. 100%
- Discuss the difference between correlation and regression. 100%
- What are the uses of partial correlation?100%
- Briefly describe the steps of testing hypothesis. 100%
- What do you mean by sampling?State the differences between population and sample. 100%
- Write down the differences between a prior and a posterior definitions of probability. 100%
- Discuss the causes of non-sampling error? 99%
- What are the merits and limitation of multiple correlating analysis? 99%
- Discuss the various methods of sampling. 99%
- Describe the two important principles of sampling.99%
- Explain the importance of sampling in solving business problem.99%
- What are the sources of non-sampling errors? How these errors can controlled? 99%
- Explain the concept of conditional probability. 99%
C-Part
- What are the characteristics of poisson distribution? 100%
- Discuss the reasons of sample survey. 100%
- Explain the ways of reducing non sampling error. 100%
- Discuss the properties of chi-square test. 100%
- Describe the various steps involved in testing hypothesis. 100%
- What are the major assumption of ANOVA? Describe the steps followed in analysis of variance. 100%
- What are the differences between null and alternative hypothesis?100%
- What are the characteristics of normal distribution? Explain, 100%.
- What do you understand by estimation? In what sense, do you consider estimation as a procedure of decision-making? 99%
- Show the difference between diagram and graph.99%
- What do you mean by probability?State the addition and multiplication theory of probability.99%
- Show the distinction between continuous variable and discrete variable.99%
- Explain clearly the desirable properties of a point estimate.99%
- What information and assumptions must be given to compute the sample size for an inter estimate of the universe mean? 99%
- What do you mean by confident limits for population mean?
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