Question Bank

A.] 1.) A machine produces finished goods with 12% defect. A sample of 20 units produced by the machine was packed for selling. What is the possibility that 5 units out of 20 would be defective? 2.) In an examination 30% students have failed in Mathematics, 20% of the students have failed in Chemistry and 10% have failed in both Mathematics and Chemistry. A student is selected at random. What is the probability that (i) the student have failed in Mathematics if it is known that he has failed in Chemistry. (ii)What is the probability that the student has failed either in Mathematics to Chemistry. 3.) The data for the promotion status and academic qualification regarding 100 employees of a company is as follows; Promotional status Promoted Not promoted Total MBA 12 18 30 NON MBA 48 22 70 TOTAL 60 40 100

At random 1 employee is picked up what is the probability that (i) (ii) (iii) (iv) He is an MBA He is promoted He is promoted, given that he is an MBA. He is an MBA given that he is promoted?

4.) Mr.X goes to the office by 1 car, 2 train, 3 bus. The probability of travelling by car is 2/7, by train is 4/7, by bus 1/7. It is found that the possibility of going late to office if he travels by car is 3/5, by train

1/5, by bus is 2/5. One day Mr.X reached office late. What is the possibility that he has travelled i. ii. iii. In car In train In bus

5. A bag contains 6 white, 4 red and 10 black balls. Two balls are drawn random. Find the probability that they will both be black.

6. The average height of the adults of Maharashtra is 5.4 feet. To test this sample of 50 adults were chosen. The average height was 6.2 with standard deviation of 10.24 feet. Test the hypothesis with 95% level of confidence and 5% level of significance. (Z @ 95% is 1.96) 7. What is standard deviation? What are the merits and demerits for standard deviation? 8.) Solve the two equations. Find the value of x and y. (i)By General Knowledge (ii)By Crammers rule. 2x+3y=7 4x-5y=3

9.) The prices of three commodities A, B, C in a shop are Rs.5, Rs.6 and Rs.10 per unit respectively. Customer X buys 8 units of A,7 units of B and 6 units of C. Customer Y buys 6 units of A,7 units of B and 8 units of Cashew in matrix notation, the prices of commodities, quantities bought and the amount spent.

10.) Solve using Crammers Rule: 3x+3y-z=11 2x-y+2z=9 4x+3y+2z=24

B.) 1. State 10 uses of Standard Normal Curve. 2. Assume the mean height of soldiers to be 68.22 inches with a variance of 10.8 inches. How many soldiers in a regiment of 1000 would you expect is to be over 6 feet tall? 3. The IQ level of 50 students are as under. Calculate average IQ level of the class. 100 105 107 115 125 124 108 114 103 109 112 111 109 112 112 116 120 121 126 122 121 125 132 134 129 115 117 111 102 109 110 119 102 125 127 129 120 115 117 119 113 114 116 115 119 123 122 121 127 130 Calculate mean, median, mode, standard deviation, regression and correlation.

3. The annual salaries of a group of employees are given in the following table Salaries 45 (in Rs. 000) Number 3 of persons 50 55 60 65 70 75 80

Calculate mean, median, mode, standard deviation, regression and correlation.

4. Age 20-25 25-30 30-35 35-40 40-45 45-50 Number 170 110 80 45 40 35 of persons Take assumed average = 32.5 Calculate mean, median, mode, standard deviation, regression and correlation.

5. X Y 35 108 54 107 52 53 56 58 52 50 51 49 105 105 106 107 104 103 104 101

Calculate mean, median, mode, standard deviation, regression and correlation. 6. What is business mathematics? Uses of business mathematics. Limitations of business mathematics. 7.) The following data gives the age distribution on 60 boys. Age in Years 10-12 12-14 14-16 16-18 18-20 20-22 No. of boys(f) 5 9 15 17 10 4 Greater than cumulative frequency 60 55 46 31 14 4

Draw a Histogram, Ogive, Frequency curve. 8.) A machine produces metal plates which give average thickness of 1.52 at 95% level of confidence and 5% level of significance. Test the level of hypothesis.

(Z @ 95% is 1.96) 9.) Determine the cost of producing 200 cars, if the marginal cost (in rupees per unit) is given by MC(x) = x2-4x+8000

What is the cost of production of one car? 10.) Find maxima and minima. y=2x3-9x2+12x+5

C.)Case Study:

Explain methods of collection of data understanding and presentation of data, analysis and interpretation of data for business decision making with particular reference to graphs, charts, etc