BITM 3rd Semester
Business Statistics Board Question Paper 2023


TRIBHUVAN UNIVERSITY
FACULTY OF MANAGEMENT
Office of the Dean
September - October 2023
Full Marks:60 Pass Marks:30 Time:3 Hrs.
BBA / BIM / BBM /
Third Semester /
STT 201:
Business Statistics

Candidates are required to give their answers in their own words as for as practicable.
The figures in the margin indicate full marks

Long Answer Questions
Section "A"

Brief Answer Questions:

[10 × 1 = 10]
1.

The covariance of X and Y is 30 and the variances of X and Y are 25 and 64 respectively. Find Karl Pearson's coefficient of correlation between X and Y.

2.

If the values of upper quartile and lower quartile are 63 and 59 respectively, then calculate the coefficient of quartile deviation.

3.

The equations of two regression lines are 4X-5Y+33=0 and 20X-9Y-107=0, find the mean values of X and Y.

4.

Given that P(A∩B) = 0.7, P(A)= 0.4 and P(B) = 0.5,then find out the value of P(A∪B).

5.

Find P(X=4), the mean of Poisson distribution (λ) is 1.5.

6.

Calculate the standard error of mean when population size (N) = 1000, sample size (n) =100 and standard deviation (σ) = 10.

7.

In a moderately asymmetric distribution, the values of mean and mode are 20 and 23 respectively. Compute the value of median.

8.

Calculate coefficient of variation, when values of mean and standard deviation are 32 and 17 respectively.

9.

Given that value of correlation coefficient is 0.84, interpret the result on the basis of coefficient of determination.

10.

List out any four types of random sampling techniques.

Section "B"

Short Answer Questions: (Attempt any FIVE Questions)

[5 × 3 = 15]
11.

The following table shows the marks distribution of students in a subject:

Marks0-1010-2020-3030-4040-5050-60
Frequency102545201812

Find the lowest marks of the top 20% of the students.

12.

A random sample of 50 items gave mean weight of 7.5 kg and a standard deviation of 1.5 kg. Find 95% confidence limits of weight within which the population mean would lie.

13.

The following table represents the marks of 100 students.

Marks0-2020-4040-6060-8080-100
Students14-27-15

Find the missing frequencies when modal marks is 48.

14.

From the following income distribution of 500 workers in a locality, find the median value of the income distribution.

Income (000 Rs)No. of workers
Below 2050
20-4090
40-60150
60 - 80100
80 - 10060
100 & above50

15.

From the following income distribution, calculate the appropriate measures of dispersion.

Daily income (Rs)Number of workers
Below 5010
51-10018
101-15025
151-20020
201-25016
250 and above11

16.

The following information was obtained from two investment companies A and B:

Company ACompany B
Average return (000Rs)2837
Variance2536
No. of observations100100

Calculate combined standard deviation.

Section "C"

Long Answer Questions: (Attempt any THREE Questions)

[3 × 5 = 15]
17.

The following table shows the average life of electric bulbs manufactured by X and Y companies:

Company XCompany Y
No. bulbs n100100
Mean life in hours13001250
Standard deviation8090

Test whether there is any significant difference in mean life of the electric bulbs produced by two companies at 5% level significance.

18.

Daily income of the part-time staff of a bank of 50 employees was found to be normally distributed with mean of Rs 1200 and standard deviation of Rs 120. Find the probability of employees having income (a) between Rs 1050 to Rs 1400 (b) between Rs 1250 to Rs 1500.

19.

From the following distribution, find the coefficient of skewness. Also comment the result.

Monthly income (Rs 000)Number of workers
0-10015
100-20050
200-30075
300-40040
400-50030
500- 60010

20.

From the following marks distribution of students of a campus, calculate the coefficient of kurtosis. Also, interpret the result.

MarksBelow 1010 - 2020 - 3030 - 4040 - 5050 & above
No. of students50100150906050

Section "D"

Comprehensive Answer Questions:

[20]
21.

Following table shows the income and expenditure of people of certain locality of small town city of Nepal.

Income (000Rs)Expenditure (000 Rs)
6022
5520
5415
5217
4825
5221
5316
4717
4918
5019

Find out:
a. Coefficient of variations of income and expenditure and interpret the results.
b. Correlation coefficient
c. Two regression lines.
d. Estimate the expenditure of a person whose income is Rs 70 thousand.