New ! Business Maths and Statistics MCQ Practise Tests



Applied Statistics 2 Mark Creative Question Paper With Answer Key

12th Standard

    Reg.No. :
  •  
  •  
  •  
  •  
  •  
  •  

Business Maths

Time : 00:30:00 Hrs
Total Marks : 30

     2 Marks

    15 x 2 = 30
  1. Using the method ofleast squares, fit a straight line trend for Σx = 10, Σy = 16.9, Σx2 = 30, Σxy = 47.4 and n = 7.

  2. Calculate the 3-yearlymoving averages of the production figures (in tonnes) for the following data.

    Year 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987
    Production 15 21 30 36 42 46 50 56 63 70 74 82 90 95 102
  3. Calculate the seasonal indices by the method of simple average for the following data.

    Year I quarter II quarter III quarter IV quarter
    1985 68 62 61 63
    1986 65 58 66 61
    1987 68 63 63 67
  4. Calculate the cost of living index by aggregate expenditure method

    Commodity Quantity Price(Rs.)
      2000 2000 2003
    A 100 8 12
    B 25 6 7.50
    C 10 5 5.25
    D 20 48 52
    E 65 15 16.50
    F 30 19 27.00
  5. Construct the cost of living index for 2003 on the basis of 2000 from the following data using family budget method.

    Item Price(Rs.) Weights
    Food 2000 2003 30
    Rent 200 280 30
    Clothing 150 120 20
    Fuel & lighting 50 100 10
    Miscellaneous 100 200 20
  6. The following data shows the value of sample mean (\(\bar{X}\)) and the range R for 10 samples of size 5 each. Calculate the control limits for : mean chart and range chart.

    Sample No. 1 2 3 4 5 6 7 8 9 10
    Mean \(\bar{X}\) 11.2 11.8 10.8 11.6 11.0 9.6 10.4 9.6 10.6 10.0
    Range 7 4 8 5 7 4 8 4 7 9

    (Given for n = 5, A2 = .577, D3 = 0, D4 = 2.115)

  7. Fit a trend line by the method of semi averages

    Year 1980 1981 1982 1983 1984 1985 1986
    Sales 102 105 114 110 108 116 112
  8. From the data given below calculate seasonal indices.

    Year I Quarter II Quarter III Quarter Iv Quarter
    1985 68 62 61 63
    1986 65 58 66 61
    1987 68 63 63 67
  9. Fit a trend line by method of semi averages. 

    Year 1987 1988 1989 1990 1991 1992 1993
    Production
    (in tonnes)
    90 110 130 150 100 150 200
  10. Below are given figures of production (in thousand tonnes) of a sugar factory. Obtain the trend values by 3 year moving average.

    Year 1980 1981 1982 1983 1984 1985 1986
    Production 80 90 92 83 94 99 92
  11. Calculate the seasonal index by the method of simple average for the following data.

    Year I Quarter II Quarter III Quarter Iv Quarter
    1985 65 60 61 63
    1986 68 55 66 61
    1987 68 60 63 67
  12. Fit a straight line to the following \(\Sigma \mathrm{I}=10, \Sigma Y=19, \Sigma \mathrm{X}^{2}=30, \Sigma \mathrm{XY}=53\) and n = 5

  13. In a straight line of best fit find x-intercept when \(\Sigma X=10, \Sigma Y=16.9, \Sigma X^{2}=30, \Sigma X Y=47.4\) n = 7

  14. Fit the line of best fit if \(\Sigma X=75, \Sigma Y=115\)\(\Sigma \mathrm{X}^{-2}=1375, \Sigma X Y=1875\) and n = 6.

  15. In a line of best fit, find the slope and y intercept if \(\Sigma X=10, \Sigma Y=25, \Sigma X^{2}=35, \Sigma X Y=90\) and n = 5.

*****************************************

Reviews & Comments about 12th Standard Business Maths English Medium - Applied Statistics 2 Mark Creative Question Paper and Answer Key 2022 - 2023

Write your Comment