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Published on: 14/12/2018
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Download Tamil Nadu 11th Standard Business Maths and Statistics question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Business Maths and Statistics Test

1.
For the following observations, find the regression co-efficient byx and bxy and hence find the correlation co-efficient (4,2)(2,3)(3,2)(4,4)(2,4).
2.
Obtain the two regression lines from the following
| X | 6 | 2 | 10 | 4 | 8 |
| Y | 9 | 11 | 5 | 8 | 7 |
3.
An examination of 11 applicants for a accountant post was taken by a finance company. The marks obtained by the applicants in the reasoning and aptitude tests are given below.
| Applicant | A | B | C | D | E | F | G | H | I | J | K |
| Reasoning test | 20 | 50 | 28 | 25 | 70 | 90 | 76 | 45 | 30 | 19 | 26 |
| Aptitude test | 30 | 60 | 50 | 40 | 85 | 90 | 56 | 82 | 42 | 31 | 49 |
Calculate Spearman’s rank correlation coefficient from the data given above.
4.
Calculate correlation coefficient for the following data.
| X | 25 | 18 | 21 | 24 | 27 | 30 | 36 | 39 | 42 | 48 |
| Y | 26 | 35 | 48 | 28 | 20 | 36 | 25 | 40 | 43 | 39 |
5.
Obtain the two regression lines from the following data N = 20, ΣX = 80, ΣY = 40, ΣX2 = 1680, ΣY2 = 320 and ΣXY = 480
6.
If two lines of regression are 3X-2Y+1=0, 2X-Y-2=0, find \(\bar {X}\)and \(\bar{Y}\).
7.
Explain the concept of correlation and co-efficient of correlation.
8.
X and Y are a pair of correlated variables. Ten observations of their values (X, Y) have the following results. ΣX = 55, ΣXY = 350, ΣX2 = 385, ΣY = 55, Predict the value of Y when the value of X is 6.
9.
A survey was conducted to study the relationship between expenditure on accommodation (X) and expenditure on Food and Entertainment (Y) and the following results were obtained:
| Details | Mean | SD |
| Expenditure on Accommodation (Rs) | Rs. 178 | 63.15 |
| Expenditure on Food and Entertainment (Rs) | Rs 47.8 | 22.98 |
| Coefficient of Correlation | 0.43 |
Write down the regression equation and estimate the expenditure on Food and Entertainment, if the expenditure on accommodation is Rs. 200.
10.
If Cov(x, y) = –16.5, \({ \sigma }_{ x }^{ 2 }=2.89,{ \sigma }_{ y }^{ 2 }\) = 100. Find correlation coefficient ________.
-0.12
0.001
-1
-0.97
11.
The lines of regression intersect at the point ________.
(X,Y)
\(\left( \bar { X } ,\bar { Y } \right) \)
(0,0)
(σx, σy)
12.
13.
The variable whose value is influenced (or) is to be predicted is called ________.
dependent variable
independent variable
regressor
explanatory variable
14.
Correlation co-efficient lies between ______.
0 to ∞
-1 to +1
-1 to 0
-1 to ∞
1.
| x | y | x2 | y2 | xy |
| 4 | 2 | 16 | 4 | 8 |
| 2 | 3 | 4 | 9 | 6 |
| 3 | 2 | 9 | 4 | 6 |
| 4 | 4 | 16 | 16 | 16 |
| 2 | 4 | 4 | 16 | 8 |
| 15 | 15 | 49 | 49 | 44 |
Here n=5,
byx=\(\frac { n\sum { xy } -(\sum { x } )(\sum { y } ) }{ n\sum { { x }^{ 2 }-{ (\sum { x } ) }^{ 2 } } } \)
=\(\frac { 5(44)-(15)(15) }{ 5(49)-{ (15) }^{ 2 } } \)
=\(\frac { 220-225 }{ 245-225 } =\frac { -5 }{ 20 } =\frac { -1 }{ 4 } \)
bxy=\(\frac { n\sum { xy } -(\sum { x } )(\sum { y } ) }{ n\sum { { y }^{ 2 }-{ (\sum { y } ) }^{ 2 } } } \)
=\(\frac { 5(44)-15(15) }{ 5(49)-{ (15) }^{ 2 } } \)
\(\frac { 220-225 }{ 245-225 } =\frac { -5 }{ 20 } =\frac { -1 }{ 4 } \)
bxy and byx are negative, r is also negative.
\(\therefore\)Correlation co-efficient
r(x,y)=-\(\sqrt { { b }_{ xy }.{ b }_{ yx } } \)
=-\(\sqrt { \left( \frac { -1 }{ 4 } \right) \left( \frac { -1 }{ 4 } \right) } =\frac { -1 }{ 4 } \)
r=-0.25
2.
Here N=5
| X | Y | X2 | Y2 | XY |
| 6 | 9 | 36 | 81 | 54 |
| 2 | 11 | 4 | 121 | 22 |
| 10 | 5 | 100 | 25 | 50 |
| 4 | 8 | 16 | 64 | 32 |
| 8 | 7 | 64 | 49 | 56 |
| 30 | 40 | 220 | 340 | 214 |
\(\overline { X } =\frac { \sum { X } }{ N } =\frac { 30 }{ 5 } \)=6
\(\overline { Y } =\frac { \sum { Y } }{ N } =\frac { 40 }{ 5 } \)=8
\({ b }_{ xy }=\frac { N\sum { XY-(\sum { X } )(Y) } }{ N\sum { { X }^{ 2 }-{ (\sum { Y } ) }^{ 2 } } } =\frac { 5(214)-(30)(40) }{ 5(340)-{ (40) }^{ 2 } } \)
=\(\frac { 1070-1200 }{ 1700-1600 } =-\frac { 130 }{ 100 } \)=-1.3
byx=\({ b }_{ xy }=\frac { N\sum { XY-(\sum { X } )(Y) } }{ N\sum { { X }^{ 2 }-{ (\sum { X } ) }^{ 2 } } } =\frac { 5(214)-(30)(40) }{ 5(2200)-{ (30) }^{ 2 } } \)
\(=\frac { 1070-1200 }{ 1700-900 } =\frac { -130 }{ 200 } \)=-0.65
Regression equation of X on Y is
\(\Rightarrow\)X-\(\bar{X}\)=bxy(Y-\(\bar{Y}\))
X-6=-1.3(Y-8)
X=-1.3Y+10.4+6
X=-1.3Y+16.40
Regression equation of Y on X is
Y-\(\bar{Y}\) =byx(X-\(\bar{X}\))
Y-8=-0.65(X-6)
Y=-0.065X+3.9+8
Y=-0.65X+11.90
3.
| Applicant | X | Y | Rx | Ry | d=Rx-Ry | d2 |
| A | 20 | 30 | 2 | 1 | 1 | 1 |
| B | 50 | 60 | 8 | 8 | 0 | 0 |
| C | 28 | 50 | 5 | 6 | -1 | 1 |
| D | 25 | 40 | 3 | 3 | 0 | 0 |
| E | 70 | 85 | 9 | 10 | -1 | 1 |
| F | 90 | 90 | 11 | 11 | 0 | 0 |
| G | 76 | 56 | 10 | 7 | 3 | 9 |
| H | 45 | 82 | 7 | 9 | -2 | 4 |
| I | 30 | 42 | 6 | 4 | 2 | 4 |
| J | 19 | 31 | 1 | 2 | -1 | 1 |
| K | 26 | 49 | 4 | 5 | -1 | 1 |
| \(\sum\)d2 = 22 |
\(\rho =1-\frac{6 \sum d^2}{n\left(n^2-1\right)} \)
\(=1-\frac{6(22)}{11(120)}=1-\frac{1}{10}=1-0.1=0.9\)
4.
| X | Y | x2 | y2 | xy |
| 25 | 26 | 625 | 676 | 650 |
| 18 | 35 | 324 | 1225 | 630 |
| 21 | 48 | 441 | 2304 | 1008 |
| 24 | 28 | 576 | 784 | 672 |
| 27 | 20 | 729 | 400 | 540 |
| 30 | 36 | 900 | 1296 | 1080 |
| 36 | 25 | 1296 | 625 | 900 |
| 39 | 40 | 1521 | 1600 | 1560 |
| 42 | 43 | 1764 | 1849 | 1806 |
| 48 | 39 | 2304 | 1521 | 1872 |
| \(\sum\)X = 310 | \(\sum\)Y = 340 | \(\sum\)X2 = 10480 | \(\sum\)Y2 = 12280 | \(\sum\)XY = 10718 |
\(r(x, y)=\frac{N \Sigma X Y-\left(\sum X\right)\left(\sum Y\right)}{\sqrt{N \Sigma X^2-(\Sigma Y)^2} \sqrt{N \Sigma Y^2-(\Sigma Y)^2}} \)
\(=\frac{10(10718)-(310)(340)}{\sqrt{10(10480)-(310)^2} \sqrt{10(12280)-(340)^2}} \)
\(=\frac{107180-105400}{\sqrt{104800-96100} \sqrt{122800-115600}} \)
\(=\frac{1780}{\sqrt{8700 \times 7200}}=\frac{1780}{7914.54}=0.2249\)
5.
\(\bar{X} =\frac{\Sigma X}{N}=\frac{80}{20}=4 \)
\(\bar{Y} =\frac{\Sigma Y}{N}=\frac{40}{20}=2 \)
\(b_{x y} =\frac{N \sum X Y-(\Sigma X)(\Sigma Y)}{N \Sigma Y^2-(\Sigma Y)^2} \)
\(=\frac{20(480)-(80)(40)}{20(320)-(40)^2} \)
\(=\frac{9600-3200}{6400-1600}=\frac{6400}{4800}=1.33 \)
\(b_{y x} =\frac{N \Sigma X Y-(\Sigma X)(\Sigma Y)}{N \Sigma X^2-(\Sigma X)^2}=\frac{6400}{20(1680)-(80)^2} \)
\(= \frac{6400}{33600-6400}=\frac{6400}{27200}=0.235\)
Regression equation of X on Y
\(X-\bar{X} =b_{x y}(Y-\bar{Y}) \)
X - 4 = 1.33(Y - 2)
X = 1.33 Y - 2.66 + 4
X = 1.33 Y + 1.34
Regression equation of Y on X is
\(Y-\bar{Y} =b_{y x}(X-\bar{X}) \)
Y - 2 = 0.235(X - 4)
Y = 0.235 X - 0.94 + 2
Y = 0.235X + 1.06
6.
The two lines of regression are
3X-2Y =-1 ..(1)
2X-Y =2 ..(2)
Since these lines meet in (\(\bar {X}\), \(\bar{Y}\)), let us solve (1) and (2)
(1) 3X-2Y =-1
(-) (+) (-)
(2)x2 4X-2Y=4
_________________
Subtracting, -X=-5 \(\Rightarrow\)\(\bar{X}\)=5
Substitutuing \(\bar{X}\)=5 in (1) we gwt,
\(\Rightarrow\)3(5)-2Y=-1 15-2Y=-1
\(\Rightarrow\)16=2Y
\(\Rightarrow\)Y=8
\(\bar{Y}\)=8
Hence, \(\bar{X}\)=5 and \(\bar{Y}\)=8
7.
The relationship between two variables such that a change in one results in a corresponding change in the other is known as correlation.
The degree to which the variables are interrelated is measured by a co-efficient known as the co-efficient of correlation.
8.
\(\bar{X} =\frac{\Sigma X}{N}=\frac{55}{10}=5.5 \)
\(\bar{Y} =\frac{\Sigma Y}{N}=\frac{55}{10}=5.5 \)
\(b_{y x} =\frac{N \Sigma X Y-\Sigma X \Sigma Y}{N \Sigma X^2-(\Sigma X)^2} \)
\(=\frac{10(350)-(55)(55)}{10(385)-55^2}=\frac{3500-3025}{3850-3025} \)
\(=\frac{475}{825}=0.576\)
Regression line of Y on X is.
\(Y-\bar{Y}=b_{y x}(X-\bar{X}) \)
Y - 5.5 = 0.576(X - 5.5)
Y = 0.576 X - 3.168 + 5.5
Y = 0.576 X + 2.332
At X = 6, Y = 0.576(6) + 2.332
= 3.456 + 2.332
= 5.788
9.
Let X, Y represent the expenditure on accommodation and food.
\(\bar{X} =178, \bar{Y}=47.8 \)
\(\sigma_x =63.15, \sigma_y=22.98, r=0.43 \)
\(b_{y x} =r \frac{\sigma_y}{\sigma_x}=0.43\left(\frac{22.98}{63.15}\right)=0.1565\)
Regression equation of Y on X is
\(Y-\bar{Y}=b_{y x}(X-\bar{X}) \)
Y - 47.8 = 0.1565(X - 178)
Y - 47.8 = 0.1565 X - 27.86
Y = 0.1565 X + 19.94
If X = 200
Y = 31.3 + 19.94 = 51.24
10.
\(r =\frac{\operatorname{cov}(x, y)}{\sigma_x \sigma_y} \)
\(=\frac{-16.5}{\sqrt{2.89 \times 100}}=\frac{-16.5}{17}=-0.97\)
11.
(b)
\(\left( \bar { X } ,\bar { Y } \right) \)
12.
(a)
13.
(a)
dependent variable
14.
(b)
-1 to +1
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Tamilnadu Stateboard 11th Standard Subjects

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Physics

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Maths

Biology

Economics

Physics

Chemistry

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Business Maths and Statistics

Computer Science

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History

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