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12th Standard Business Maths Important 5 Mark Questions

12th Standard

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Business Maths and Statistics

Time : 01:30:00 Hrs
Total Marks : 150

    Answer all the following Questions.

    30 x 5 = 150
  1. Find k, if the equations x + y + z = 7,  x + 2y + 3z = 18,  y + kz = 6 are inconsistent

  2. Evaluate \(\int\left[\frac{1}{\log x}-\frac{1}{(\log x)^{2}}\right] d x\)

  3. Integrate \(\int{\sqrt{1-sin2x}dx }\)

  4. A firm’s marginal revenue function is MR = 20e-x/10 \(\left( 1-\frac { x }{ 10 } \right) \). Find the corresponding demand function.

  5. A company receives a shipment of 200 cars every 30 days. From experience it is known that the inventory on hand is related to the number of days. Since the last shipment, I x( )= − 200 0 2. x . Find the daily holding cost for maintaining inventory for 30 days if the daily holding cost is ₹3.5

  6. The marginal revenue ‘y’ of output ‘q’ is given by the equation \(\frac { dy }{ dq } =\frac { { q }^{ 2 }+{ 3 }y^{ 2 } }{ 2qy } \). Find  the total Revenue function when output is 1 unit and Revenue is Rs. 5.

  7. (D− 3D + 2)y = e3x which shall vanish for x = 0 and for x = log 2

  8. The following data are taken from the steam table

    Temperature C0 140 150 160 170 180
    Pressure kg f / cm2 3.685 4.854 6.302 8.076 10.225

    Find the pressure at temperature t = 1750

  9. The area A of circle of diameter ‘d’ is given for the following values

    D 80 85 90 95 100
    A 5026 5674 6362 7088 7854

    Find the approximate values for the areas of circles of diameter 82 and 91 respectively 

  10. The amount of bread (in hundreds of pounds) x that a certain bakery is able to sell in a day is found to be a numerical valued random phenomenon, with a probability function specified by the probability density function f(x) is given  by
    \(f(x)=\left\{\begin{array}{l} Ax,for \ 0≤x10 \\ A(20−x),for \ 10 ≤x< 20 \\ 0,\quad \quad \quad otherwise \end{array}\right.\)
    (a) Find the value of A.
    (b) What is the probability that the number of pounds of bread that will be sold tomorrow is
    (i) More than 10 pounds,
    (ii) Less than 10 pounds, and
    (iii) Between 5 and 15 pounds?

  11. Suppose that the time in minutes that a person has to wait at a certain station for a train is found to be a random phenomenon with a probability function specified by the distribution function\(F(x)\begin{cases} 0,\quad ​​​​\text{for}\quad x<0 \\ \frac { 1 }{ 2 } ,\quad ​​​​\text{for}\quad 0\le x<1 \\ 0,\quad ​​​​\text{for}\quad 1\le x<2\quad \\ \frac { 1 }{ 4 } ,\quad ​​​​\text{for}\quad 2\le x<4 \\ 0,\quad ​​​​\text{for}\quad x\ge 4 \end{cases}\)
    (a) Is the distribution function continuous? If so, give its probability density function?
    (b) What is the probability that a person will have to wait
    (i) more than 3 minutes,
    (ii) less than 3 minutes and
    (iii) between 1 and 3 minutes?

  12. The marks obtained in a certain exam follow normal distribution with mean 45 and SD 10. If 1,300 students appeared at the examination, calculate the number of students scoring
    (i) less than 35 marks and
    (ii) more than 65 marks.

  13. The annual salaries of employees in a large company are approximately normally distributed with a mean of Dallor. 50,000 and a standard deviation of Dallor.20,000.
    (a) What percent of people earn less than Dallor.40,000?
    (b) What percent of people earn between Dallor.45,000 and Dallor.65,000?
    (c) What percent of people earn more than Dallor.70,00

  14. Using the following random number table,

    Tippet’s random number table
    2952 6641 3992 9792 7969 5911 3170 5624
    4167 9524 1545 1396 7203 5356 1300 2693
    2670 7483 3408 2762 3563 1089 6913 7991
    0560 5246 1112 6107 6008 8125 4233 8776
    2754 9143 1405 9025 7002 6111 8816 6446

    Draw a sample of 10 children with their height from the population of 8,585 children as classified here under.

    Height (cm) 105 107 109 111 113 115 117 119 121 123 125
    Number of children 2 4 14 41 83 169 394 669 990 1223 1329
    Height(cm) 127 129 131 133 135 137 139 141 143 145  
    No. of children 1230 1063 646 392 202 79 32 16 5 2  
  15. The average score on a nationally administered aptitude test was 76 and the corresponding standard deviation was 8. In order to evaluate a state’s education system, the scores of 100 of the state’s students were randomly selected. These students had an average score of 72. Test at a significance level of 0.05 if there is a significant difference between the state scores and the national scores.

  16. The following table shows the number of salesmen working for a certain concern:

    Year 1992 1993 1994 1995 1996
    No. of salesmen 46 48 42 56 52

    Use the method of least squares to fit a straight line and estimate the number of salesmen in 1997.

  17. A machine is set to deliver packets of a given weight. Ten samples of size five each were recorded. Below are given relevant data:

    Sample number 1 2 3 4 5 6 7 8 9 10
    \(\overset {-}{X}\) 15 17 15 18 17 14 18 15 17 16
    R 7 7 4 9 8 7 12 4 11 5

    Calculate the control limits for mean chart and the range chart and then comment on the state of control. (conversion factors for n = 5, A= 0.58, D= 0 and D= 2.115

  18. Solve the following assignment problem. Cell values represent cost of assigning job A, B, C and D to the machines I, II, III and IV.

  19. Find the optimal solution for the assignment problem with the following cost matrix.

  20. Find k if the equation x + 2y 3 = -2, 3x - y - 2z = 1 and 2x + 3y 5z = k are consistent

  21. Evaluate \(\int\left[\frac{2+x+x^{2}}{x^{2}(2+x)}+\frac{2 x-1}{(x+1)^{2}}\right] d x\)

  22. Find the area of the region \(\left\{(x, y) ; x^{2} \leq y \leq|x|\right\} .\)

  23. The net profit p and quantity x satisfy the differential equation \(\frac{d p}{d x}=\frac{2 p^{3}-x^{3}}{3 x p^{2}}\). Find the relationship between net profit and demand given that p = 20, when x = 10.

  24. From the data find the number of students whose height is between 80 cm and 90 cm.

    Height in cm's  40-60 60-80 80-100 100-120 120-140
    No. of students y 240 120 100 70 50
  25. Let X denote the number of hours you study during a randomly selected school day. The probability that X can take the value X has the following form, where k is some unknown constant \(p(X=x)= \begin{cases}0.1 & \text { if } x=0 \\ k x & \text { if } x=1 \text { or } 2 \\ k(5-x) & \text { if } x=3 \text { or } 4 \\ 0 & \text { otherwise }\end{cases}\)
    (i) Find the value of k 
    (ii) What is the probability that you study atleast 2 hours? 
    (iii) Exactly 2 hours
    (iv) At most 2 hours

  26. What is the probability that Z
    (a) lies between 0 and 1.83
    (b) is greater than 1.54
    (c) is greater than -0.86
    (d) lies between 0.43 and 1.12
    (e) is less than 0.77

  27. A sample of 400 students is found to have a mean height of 171.38 cms. Can it reasonably be regarded as a sample from a large population with mean height of 171.17 cms and standard deviation of 3.3 cms (Test at 5% level)

  28. Calculate Fisher's ideal index from the following data and verify that it satisfies both time reversal and factor reversal test

    Commodity Price Quantity
      1985 1986 1985 1986
    A 8 20 50 60
    B 2 6 15 10
    C 1 2 20 25
    D 2 5 10 8
    E 1 5 40 30
  29. Solve the following assignment problem.

    1. In a market survey three commodities A, B and C were considered. In finding out the index number some fixed weights were assigned to the three varieties in each of the commodities. The table below provides the information regarding the consumption of three commodities according to the three varieties and also the total weight received by the commodity

      Commodity Variety Variety Total weight
      I II III
      A 1 2 3 11
      B 2 4 5 21
      C 3 5 6 27

      Find the weights assigned to the three varieties by using Cramer’s Rule.

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