Honors 2nd Year Exam 2024 held 2025
Department: Finance and Banking
(Business Statistics: 222401)
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Part-B: (Short questions.) [Answer any five questions.]

  1. Describe briefly factors to be considered in designing a good questionnaire. 100%
  2. 8Why Fisher’s index is called an ideal index?100%
  3. Discuss the features of regression coefficient. 100%
  4. Definition of regression line. Distinguish between correlation and regression analysis and point out their role in business. 100%
  5. What are the properties of coefficient of correlation?100%
  6. What is rank correlation? Discuss the different types of correlation. 100%
  7. Difference between prior probability and posterior probability. 100%
  8. Briefly discuss the nature of business statistics. 100%
  9. Distinguish between primary and secondary data. 99
  10. Distinguish between skewness and kurtosis. 99%
  11. What do mean by geometric mean? Explain briefly with example. 99%
  12. When geometric mean is preferred to arithmetic mean 99%
  13. Write down the properties of standard deviation. 99%
  14. Briefly explain concept of business statistics. 99%
  15. What do mean by frequency distribution? Briefly explain with example. 99%

Part-C: (Board questions) [Answer any five questions.]

  1. (a) Discuss the factors of determining index number. 100%
    (b) Discuss the steps of hypothesis testing. 100%
  2. (a) Differentiate between absolute and relative measure. 100%
    (b) Briefly discuss the uses of correlation analysis. 100%
    (b) Explain the addition and multiplication theorem of probability. 100%
  3. (a) What is linear regression? When is it used?100%
  4. (a) Discuss the limitations of business statistics. 100%
    (b) When median is better than arithmetic mean?100%
  5. (a)State the uses of regression analysis. 100%
    (b)What are the assumption of T-test? Difference between z-test and F-test. 100%
  6. (a) Mention the significance of measuring dispersion. 100%
    (b)Why standard deviation is considered to be the best measure?100%
  7. (a)What are the methods of collecting primary data? Can field and laboratory experiments act as sources of business data? Explain briefly. 100%
    (b)Mention the five differences between discrete data and continuous Data. 100%
  8. (a) Mention the elements of set theory. 100%
    (b) Briefly explain the concept of probability with example. 100%
  9. (a)What is the difference between z-test and t-test?100%
    (b)Mention the five difference between one tail and two tail test. 100%
  10. (a)Show the difference between histogram and historigram. 100%
    (b)Show the relation between A. M. G. M and H. M with example. 100%
  11. (a)Statistics is the main tool for the decision making of business”- Explain. 100%
    (b)State the characteristics of an ideal frequency distribution. 100%
  12. (a) What is questionnaire?100%
    (b) Describe the qualities of good questionnaire. 100%
  13. (a)What do you mean by conditional probability? Briefly explain with example. 99%
    (b)’Laspeyre’s price index generally shows an upward trend in the price changes which Pausche’s method shows a downward trend on them.” Elucidate the statement. 99%
  14. (a) Show the differences between type-1 error and type-ll error. 99%
    (b) Difference between 2-test and F-test. 99%
  15. (a) What do you mean by statistical hypothesis? 99%
    (b) What are the methods of statistical hypothesis? 99%