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12th Standard English Medium Business Maths Subject Applied Statistics Book Back 5 Mark Questions with Solution Part - I

12th Standard

    Reg.No. :
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Business Maths

Time : 00:30:00 Hrs
Total Marks : 25

    Part I

    5 x 5 = 25
  1. The following data gives the readings for 8 samples of size 6 each in the production of a certain product. Find the control limits using mean chart.

    Sample 1 2 3 4 5 6
    Mean 300 342 351 319 326 333
    Range 25 37 20 28 30 22

    Given for n = 6, A2 = 0.483,

  2. Compute the average seasonal movement for the following series

    Year Quarterly Production
    I II III IV
    2002 3.5 3.8 3.7 3.5
    2003 3.6 4.2 3.4 4.1
    2004 3.4 3.9 3.7 4.2
    2005 4.2 4.5 3.8 4.4
    2006 3.9 4.4 4.2 4.6
  3. Determine the equation of a straight line which best fits the following data

    Year 2000 2001 2002 2003 2004
    Sales(Rs.000) 35 36 79 80 40

    Compute the trend values for all years from 2000 to 2004

  4. Use the method of monthly averages to find the monthly indices for the following data of production of a commodity for the years 2002, 2003 and 2004.

    2002 15 18 17 19 16 20 21 18 17 15 14 18
    2003 20 18 16 13 12 15 22 16 18 20 17 15
    2004 18 25 21 11 14 16 19 20 17 16 18 20
  5. 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.

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