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Published on: 05/06/2021
QB365 provides detailed and simple solution for every Book back Questions in class 12 Business Maths Subject. It will helps to get more idea about question pattern in every book back questions with solution.
Download Tamil Nadu 12th 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.
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Take MCQ Business Maths and Statistics Test

1.
Using graphic method, find the value of y when x = 48 from the following data:
| x | 40 | 50 | 60 | 70 |
| y | 6.2 | 7.2 | 9.1 | 12 |
2.
Three jobs A, B and C one to be assigned to three machines U, V and W. The processing cost for each job machine combination is shown in the matrix given below.
Determine the allocation that minimizes the overall processing cost.

(cost is in Rs. per unit)
3.
Solve yx2dx + e − xdy = 0
4.
An Enquiry was made into the budgets of the middle class families in a city gave the following information.
| Expenditure | Food | Rent | Clothing | Fuel | Rice |
| Price(2010) | 150 | 50 | 100 | 20 | 60 |
| Price(2011) | 174 | 60 | 125 | 25 | 90 |
| Weights | 35 | 15 | 20 | 10 | 20 |
What changes in the cost of living have taken place in the middle class families of a city?
5.
Write short note on sampling distribution and standard error.
6.
Hospital records show that of patients suffering from a certain disease 75% die of it. What is the probability that of 6 randomly selected patients, 4 will recover?
7.
State the properties of distribution function.
8.
Integrate the following with respect to x.
\(\frac { 1 }{ { \sin }^{ 2 }x{ \cos }^{ 2 }x } [Hint:\sin ^{ 2 }+{ \cos }^{ 2 }x=1]\)
9.
Solve the following equations by using Cramer’s rule
2x + 3y = 7; 3x + 5y = 9
10.
The demand and supply function of a commodity are pd = 18− 2x − x2 and ps = 2x − 3 . Find the consumer’s surplus and producer’s surplus at equilibrium price.
1.
Scale:
In x axis 1 cm = 10 units
In y axis 1 cm = 2 units
Plot the points (40, 6.2), (50, 7.2), (60, 9.1) and (70, 12). At x = 48, draw a vertical line to the graph and from the intersecting point, draw a horizontal line to meet the y-axis
From the graph, we find that when x = 48, the value of Y is equal to 6.8.
2.
Here number of rows and columns are equal
∴ The given assignment problem is balanced.
Step 1 : Select a minimum element in each row and subtract this from all the elements in its row.
| A | 0 | 8 | 14 | 17 |
| B | 0 | 15 | 6 | 10 |
| C | 1 | 3 | 0 | 11 |
Here column V has no zero. Go to Step 2.
Step 2 : Select the minimum element in each column and subtract this from all the elements in its column.
| U | V | W | |
| A | 0 | 5 | 14 |
| B | 0 | 12 | 6 |
| C | 1 | 0 | 0 |
| Column minimum |
3 | ||
New, each row and column contains atleast one zero. Hence, assignments can be made.
Step 3 : Examine the rows with exactly one zero. Mark it by Ԡ and draw a vertical line.
After examining the row, examine the column with one zero mark it by Ԡ and draw a horizontal line.
New the elements not lying on the line are
| 5 | 14 |
| 12 | 6 |
and min is 5 subtract 5 from all these number and add 5 to 1which lies in the intersecting lines. Other numbers remains the same.
A new cost matrix will be formed and repeat step 3.
Thus, all the 3 assignments have been made.
∴The optimal assignment schedule and total cost is
| Job | Machine | Cost |
| A | V | 25 |
| B | U | 10 |
| C | W | 11 |
Total cost = Rs. 46
3.
yx2 dx = -e-x dy
⇒ \(\frac { { x }^{ 2 } }{ { e }^{ -x } } dx=-\frac { dy }{ y } \)
⇒ x2 ex dx =\(-\frac { dy }{ y } \)
Integrating both sides,
\(\int { { x }^{ 2 }{ e }^{ x } } dx=-\int { \frac { dy }{ y } } \)
put u = x2
u'= 2x
u'' = 2
dv = ex dx
v = ex
v1 = ex
v2 = ex
Using Bernoulli's formula,
\(\int { u } dv\) = uv-u'v1 + u''v2
∴ \(\int { { x }^{ 2 }{ e }^{ x } } \)dx = x2ex-2xex+2ex
∴ From (1), x2ex-2xex + 2ex = -log y+C
⇒ ex(x2-2x+2)+log y = C
4.
| Expenditure | Weights (V) | Rent 2010 (p0) | Price 2011 (p1) | P = \(\frac {p_{1}}{p_{0}} \times 100\) | PV |
| Food | 35 | 150 | 174 | 116 | 4060 |
| Rent | 15 | 50 | 60 | 120 | 1800 |
| Clothing | 20 | 100 | 125 | 125 | 2500 |
| Fuel | 10 | 20 | 25 | 125 | 1250 |
| Rice | 20 | 60 | 90 | 150 | 3000 |
| 100 | 12610 |
Cost of living index number = \(\frac {\sum PV}{\sum V}\) = \(\frac {12610}{100}\) = 126.10
∴ The cost ofliving has increased upto 26.10% in 2011 as compared to 2010.
5.
Sampling distribution of a statistic is the frequency distribution which is formed with various values of a statistic computed from different samples of the same size drawn from the same population.
Standard Error:
The standard deviation of the sampling distribution of a statistic is known as its Standard Error.
| S.No | Statistic | Standard Error |
| 1 | Sample mean | σ/√n |
| 2 | Observed sample proportion | \(\sqrt { PQ/n } \) |
| 3 | Sample standard deviation | \(\sqrt { { \sigma }^{ 2 }/2n } \) |
| 4 | Sample variance | \({ \sigma }^{ 2 }\sqrt { 2/n } \) |
| 5 | Sample quartiles | \(1.36263\sigma /\sqrt { n } \) |
| 6 | Sample median | \(1.25331\sigma /\sqrt { n } \) |
| 7 | Sample correlation coefficient | \((1-{ \rho }^{ 2 })/\sqrt { n } \) |
6.
Let p be the probability of a patient to recover
Given q = 75% = \(\frac { 75 }{ 100 } \) = 0.75
∴ P = 1 - q = 1 - 0.75 = 0.25
n = 6
P (4 will recover) = P(X = 4)
= 6C4 (0.25)4 (0.75)2
[∵ P(x) = nCx pxqn-x n = 6, x = 4
= 6C2 (0.25)4 (0.75)2
= 15 (0.25)4 (0.75)2
P(X = 4) = 0.03295
7.
1) 0≤F(x)≤1, -∞
2) F(-∞) = 0 and F(∞) = 1
3) is a non-decreasing function, F(a) ≤F(b) for a
4) \(\underset { h\rightarrow 0 }{ lim } \) F(x+h) = F(x), since F(x) is continuous from the right
5) F'(x) = f(x)≥0
6) P(a≤x≤b) = F(b)-F(a)
8.
\(\int { \frac { 1 }{ { \sin }^{ 2 }x{ \cos }^{ 2 }x } } dx\)
\(=\int { \frac { \left( { \sin }^{ 2 }x+{ \cos }^{ 2 }x \right) }{ { \sin }^{ 2 }x\ { \cos }^{ 2 }x } } dx\) [∵1 = sin2x + cos2x]
\(=\int { \frac { 1 }{ { \cos }^{ 2 }x } } dx+\int { \frac { dx }{ { \sin }^{ 2 }x } } \)
= ∫sec2x dx + ∫cosec2x dx
= tan x − cot x + c
9.
\(\Delta =\left| \begin{matrix} 2 & 3 \\ 3 & 5 \end{matrix} \right| =10-9=1\neq 0\)
Since \(\Delta \neq 0\)
we can apply Cramer's rule and the system is consistent with unique solution.
\(\Delta x=\left| \begin{matrix} 7 & 3 \\ 9 & 5 \end{matrix} \right| =7(5)-9(3)\)
= 35 - 27 = 8
\(\Delta y=\left| \begin{matrix} 2 & 7 \\ 3 & 9 \end{matrix} \right| =2(9)-3(7)\)
= 18 - 21 = -3
\(\therefore\) \(x=\cfrac { \Delta x }{ \Delta } =\cfrac { 8 }{ 1 } =8\)
\(y=\cfrac { \Delta y }{ \Delta } =\cfrac { -3 }{ 1 } =3\)
\(\therefore\) Solution set is (8, -3)
10.
Given Pd = 18− 2x − x2 ; Ps = 2x − 3
We know that at equilibrium prices pd = ps
18− 2x − x2 = 2x – 3
x2 + 4x −21 = 0
(x − 3) (x + 7) = 0
x = –7 or 3
The value of x cannot be negative, x = 3
When x0 = 3
ஃ p0 = 18 − 2(3) − (3)2 = 3
CS = \(\int _{ 0 }^{ { x }_{ o } }{ f(x) } \) dx - x0p0
= \(\int _{ 0 }^{ 3 }{ (18-2x-{ x }^{ 2 }) } \)dx - 3 x 3
= \({ \left[ 18x-{ x }^{ 2 }-\frac { { x }^{ 3 } }{ 3 } \right] }_{ 0 }^{ 3 }\)- 9
= 18(3) - (3)2 - \(\left( \frac { { 3 }^{ 3 } }{ 3 } \right) \) - 9
CS = 27 units
PS = x0P0 - \(\int _{ 0 }^{ { x }_{ o } }{ g(x) } \)
= (3 \(\times\) 3) - \(\int _{ 0 }^{ 3 }{ (2x-3) } \)
= 9 - \(({ { { x }^{ 2 }-3x) } }_{ 0 }^{ 3 }\)
= 9 units
Hence at equilibrium price,
(i) the consumer’s surplus is 27 units
(ii) the producer’s surplus is 9 units.
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