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

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. Given below are the data relating to the production of sugarcane in a district.
    Fit a straight line trend by the method of least squares and tabulate the trend values.

    Year 2000 2001 2002 2003 2004 2005 2006
    Prod.of Sugarcane 40 45 46 42 47 50 46
  2. Calculate the seasonal index for the monthly sales of a product using the method of simple averages.

    Months Jan Feb Mar Apr May June July Aug Sep Oct Nov Dec
    Year
    2001 15 41 25 31 29 47 41 19 35 38 40 30
    2002 20 21 27 19 17 25 29 31 35 39 30 44
    2003 18 16 20 28 24 25 30 34 30 38 37 39
  3. the Laspeyre’s, Paasche’s and Fisher’s price index number for the following data. Interpret on the data.

    Commodities Price Quandity
    2000 2010 2000 2010
    Rice 38 35 6 7
    Wheat 12 18 7 10
    Rent 10 15 10 15
    Fuel 25 30 12 16
    Miscellaneous 30 33 8 10
  4. Calculate Fisher’s price index number and show that it satisfies both Time Reversal Test and Factor Reversal Test for data given below.

    Commodities Price Quandity
    2003 2009 2003 2009
    Rice 10 13 4 6
    Wheat 125 18 7 8
    Rent 25 29 5 9
    Fuel 11 14 8 10
    Miscellaneous 14 17 6 7
  5. Construct Fisher’s price index number and prove that it satisfies both Time Reversal Test and Factor Reversal Test for data following data.

    Commodities Base Year Current Year
    Price Quantity Price Quantity
    Rice 40 5 48 4
    Wheat  45 2 42 3
    Rent 90 4 95 6
    Fuel 85 3 80 2
    Transport 50 5 65 8
    Miscellaneous 65 1 72 3

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