Download PTU (I.K. Gujral Punjab Technical University Jalandhar (IKGPTU) BBA (Bachelor of Business Administration) 2020 March 3rd Sem 70625 Business Statistics Previous Question Paper
Roll No. Total No. of Pages : 02
Total No. of Questions : 09
BBA (2014 to 2017)/BRDM/B.SIM (2014 & Onwards) (Sem.?3)
BUSINESS STATISTICS
Subject Code : BBA-304
M.Code : 70625
Time : 3 Hrs. Max. Marks : 60
INSTRUCTIONS TO CANDIDATES :
1. SECTION-A is COMPULSORY consisting of TEN questions carrying TWO marks
each.
2. SECTION-B consists of FOUR Sub-sections : Units-I, II, III & IV.
3. Each Sub-section contains TWO questions each, carrying TEN marks each.
4. Student has to attempt any ONE question from each Sub-section.
SECTION-A
1. Answer briefly :
a. What are the applications of harmonic mean?
b. What is the interpretation of R
2
in correlation?
c. What is an index number?
d. What is an experiment? Elaborate with suitable example.
e. What is a random variable? Elaborate with an example.
f. What is the standard error of estimate? How it is computed?
g. What are the different types of data?
h. What is difference between regression and correlation?
i. What is joint probability?
j. What is frequency distribution?
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1 | M- 70625 (S12)-1101
Roll No. Total No. of Pages : 02
Total No. of Questions : 09
BBA (2014 to 2017)/BRDM/B.SIM (2014 & Onwards) (Sem.?3)
BUSINESS STATISTICS
Subject Code : BBA-304
M.Code : 70625
Time : 3 Hrs. Max. Marks : 60
INSTRUCTIONS TO CANDIDATES :
1. SECTION-A is COMPULSORY consisting of TEN questions carrying TWO marks
each.
2. SECTION-B consists of FOUR Sub-sections : Units-I, II, III & IV.
3. Each Sub-section contains TWO questions each, carrying TEN marks each.
4. Student has to attempt any ONE question from each Sub-section.
SECTION-A
1. Answer briefly :
a. What are the applications of harmonic mean?
b. What is the interpretation of R
2
in correlation?
c. What is an index number?
d. What is an experiment? Elaborate with suitable example.
e. What is a random variable? Elaborate with an example.
f. What is the standard error of estimate? How it is computed?
g. What are the different types of data?
h. What is difference between regression and correlation?
i. What is joint probability?
j. What is frequency distribution?
2 | M- 70625 (S12)-1101
SECTION-B
UNIT-I
2. Following data exhibits the sample of room occupancy of a mid-sized hotel for last 15
days. Compute the mean and variance of the room occupancy
X 44 36 23 42 33 45 24 42 29 31 39 46 31 38 29
3. What are the different measures of variation? Discuss with the help of suitable example.
UNIT-II
4. Following is the data of a firm for output of steel in tons and number of workers
employed. Please investigate if the production is dependent on the number of employees.
If so, what is the proportion of production dependent upon the num ber of employees?
Outputs in Tons 46 88 72 84 66 90 48 84 58 62 78 92 62 76
Number of workers
employed
14 19 15 18 19 20 12 16 15 15 18 19 14 17
5. Use the data given in Q4 and find the correlation between Output of steel and number of
workers employed? Also, compute the coefficient of determination and interpret the
results.
UNIT-III
6. What is an index number? How weighted and unweighted price indexes are computed?
What are the applications of price index in business?
7. What are different types of variations in time series data? What is a trend line?
UNIT-IV
8. At a hotel, a social worker gathers the following data. Of those visiting the hotel, 59%
were men, 32 were alcoholics, 21% were male alcoholics. What is the probability that a
random male visitor to the hotel is an alcoholic?
9. During a study of auto accidents, the highway authority found that 60% of accidents
occur at night, 52% are alcohol related, and 37% occur at night and alcohol related.
a) What is the probability that an accident was alcohol related, given that it occurred at
night?
b) What is the probability that occurred at night, given that it was alcohol related.
NOTE : Disclosure of Identity by writing Mobile No. or Making of passing request on any
page of Answer Sheet will lead to UMC against the Student.
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This post was last modified on 01 April 2020