PART-A
(10 x 2 = 20 Marks)
-  (a) Define Random variable. 
-  (b) Define probability density function and state its properties. 
-  (c) Find the moment generating function of exponential distribution. 
-  (d) Define null hypothesis and alternative hypothesis. 
-  (e) Define Type-I and Type-II errors. --- Content provided by FirstRanker.com --- 
-  (f) Write the formula for calculating Karl Pearson’s coefficient of correlation. 
-  (g) What are the control charts for variables? 
-  (h) Write about the basic elements of queuing model. 
-  (i) Define transient and steady state. 
-  (j) What is two-person zero-sum game? --- Content provided by FirstRanker.com --- 
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PART-B
(3 x 15 = 45 Marks)
-  (a) If the probability density of a random variable is given by f(x) = kx2, 0 ≤ x ≤ 2 = 0, Otherwise --- Content provided by FirstRanker.com --- Find the value of k and P(1 < x < 2). (b) Define Binomial distribution. Derive mean and variance of Binomial distribution. 
-  (a) A population consists of 5 numbers 3, 6, 9, 12, 15. Consider all possible samples of size 2 which can be drawn without replacement from the population. Find - The mean of the population.
- The standard deviation of the population.
- The mean of the sampling distribution of means.
- The standard deviation of the sampling distribution of means.
 --- Content provided by FirstRanker.com --- (b) Explain different types of errors in sampling. 
-  (a) A simple sample of heights of 6400 Englishmen has a mean of 67.85 inches and a standard deviation of 2.56 inches while a simple sample of heights of 1600 Australians has a mean of 68.55 inches and a standard deviation of 2.52 inches. Do the data indicate that Australians are on the average taller than Englishmen? (Test at 1% level of significance). (b) Explain the procedure of testing of hypothesis. 
-  The following are the values of sales and profits of a company: Sales (in Lakhs of Rs.) 80 90 95 85 95 100 110 105 Profits (in Lakhs of Rs.) 11 14 15 13 15 16 17 16 --- Content provided by FirstRanker.com --- - Determine the regression equations.
- Estimate the profits when sales is Rs. 120 lakhs.
 
-  (a) Explain M/M/1 queuing model. (b) Find the optimal strategies and the value of the game, where pay off matrix is given by --- Content provided by FirstRanker.com --- B1 B2 B3 A1 1 -1 -1 A2 3 -5 -2 A3 6 -2 3 
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