IMPERIAL BUSINESS COLLEGE (b)There are 400 pages in a history book containing 15 pages with

Practice Set 4 misprints. If these pages are randomly distributed throughout the book,
Program: BBA Semester: III Time: 3 Hours find the probability of pages without misprints within 25 pages by using
Subject: Statistics Full Marks: 100 suitable probability distribution.
Subject Code: STT 101 Pass Marks: 45
Candidates are expected to answer the questions in their own words as far as
practicable. The figures in the margin indicate full marks. 12. (a)The marks obtained by the students in BBA examination are
normally distributed. The mean marks and standard deviation are 200
Group A:Brief questions (10 x 2 marks = 20) and 40. If 650 students are appeared in the examination and of those
1. Find the probability of drawing jack card or club card from a single 526 students declared passed. What should be the minimum pass marks
draw of well shuffled cards. of students?
2. What do you mean by marginal and joint probability? Value of Z 0.86 0.87 0.88 0.89
3. The mean and variance of a distribution is 2. Find the probability of Area under normal curve 0.3051 0.3078 0.3106 0.3133
getting 2 by using suitable frequency distribution.
(b)At the Express House Delivery Service, providing high-quality
4. What do you mean by sampling?
service to customers is the top priority of the management. The
5. The chance of getting success and failure is equally likely. If the errors
company guarantees a refund of all charges if a package it is delivering
of estimate fluctuate with ± 8 percent, what should be the sample size of
does not arrive at its destination by the specified time. It is known from
the distribution?
past data that despite all efforts, 2% of the packages mailed through this
6. What are the criteria for good estimator?
company do not arrive at their destinations within the specified time.
7. Mr. Sharma applied for a job in two companies. The probability of his
Suppose a corporation mails 10 packages through Express House
selection in company A is 0.60. The probability of his selection in
Delivery Service on a certain day.
company B is 0.80. The probability of his selection in both companies
(i) Find the probability that exactly 1 of these 10 packages will not
A is 0.40. Find probability of his section from neither of the company.
arrive at its destination within the specified time.
8. There are 5000 employees in a factory. The average wages of 400
(ii) Find the probability that at most 1 of these 10 packages will not
employees is Rs. 2450 with SD of Rs. 150. Calculate the standard error
arrive at its destination within the specified time.
of Mean of total employees.
13. A cement company sells his production in different cities through the
9. A fair coin is tossed two times and X represents the number of heads as
appointed dealers. The sales of his production in the last year are given
random variable, find the expected value of random variable.
10. Show the degree of variability of a distribution from following data. in the following tabular form:
Sales (in '00' Number of
Number of observation 10
bags) dealers
Sum of observation 120
Sum of square of observation 1530 0-500 40
500-1000 48
Group B:long question (6 x 10 marks = 60) 1000-1500 60
11. (a) A computer manufacturing company samples incoming computer 1500-2000 52
chips. After receiving a large shipment of computer chips, the company 2000-2500 35
randomly selects 800 chips. If three or fewer nonconforming chips are 2500 and above 22
found, the entire lot is accepted without inspecting the remaining chips The annual general meeting of the company decided to give award of
in the lot. If four or more chips are nonconforming, every chip in the Rs.5000 to each dealer whose sells are more than the most usual sales.
entire lot is carefully inspected at the supplier’s expense. Assume that Calculate the total amount of money that would be given to the dealers.
the true proportion of nonconforming computer chips being supplied is 14. A random sample of 10 values from a normal population showed a mean of
0.001. Using Poisson distribution, approximate the probability the lot 24.5 and the sum of squares of deviations from mean is 76.5. Show that the
will be accepted. assumption of a mean of 23 for the population is not reasonable at 5%
significant level. Obtain 99% fudicial limits for the same.
15. (a) The probability that a management trainee will remain with the Group C [20]
company is 0.6. The probability that an employee earns more than Rs,
10,000 per year is 0.50. The probability that an employee is a 18. Mini Case I:
management trainee who remained with the company or who earns According to the Wall Street Journal, 60% of the U. S. companies paid
more than Rs, 10,000 per year is 0.70. What is the probability that an no federal taxes from 1996 to 2000 (Time, April 19, 2004). In random
employee earns more than Rs. 10,000 per year, given that he is a sample of 300 U. S. companies, 186 paid no federal taxes last year.
management trainee who stayed with the company?
a) Test at the 5% level of significance whether the percentage of all
U. S. Companies who paid no federal taxes last year is higher than
(b) It is known from experience that in a certain industry 60% of all
60%.
labor management disputes are over wages, 15% are over working
b) Calculate the p-value for the test of part (a). What is your
conditions, and 25% are over fringe issues. Also 45% of the disputes
over wages are resolved without strikes, 70% of the disputes over conclusion if α= 0.02?
c) Suppose that the sample size is only 286 and as before the
working conditions are resolved without strikes, and 40% of the
remaining parameters are considered same. Determine that the
disputes over fringe issues are resolved without strikes. What is the
percentage of all U. S. Companies who paid no federal taxes last
probability that if a labor-management disputes in this industry is
year is higher than 60%.
resolved without a strike, it was over wages?
16. (a)Two different large groups of people are being considered as focus d) Calculate the p-value for the test of part (c). Discuss the effect of
sample size on hypothesis testing.
group of reading English newspaper. Of 200 people surveyed in one
group (the government employees), 52 percent read he English
newspaper. In another group (private employees), 40 percent of the
150 people surveyed read the English newspaper. At the 0.05 level of Mini Case II:
significance, is there evidence to conclude that there is significantly
An analysis of monthly salary paid to the workers in two companies A and
higher percentage of government employees who read English
newspaper than do private employees? B are given below.
(b)You are given following information. Company 'A' Company 'B'
Project Sales (Rs. 000) Prob. Cost (Rs. 000) Prob. No. of Employees 60 40
P 15 0.3 12 0.2 Mean monthly salary Rs. 320 Rs. 400
Q 20 0.6 8 0.4 Variance of the salary Rs. 1600 Rs. 3600
Which project would you select and why? Also calculate the
standard deviation of best project.
Required:
17. (a) In an experiment, the chance of success twice as often as it fails.
Find the chance in next 6 trails that there will be at most 3 successes. a. Which company A or B has larger salary bill?
(b) The probability of a bomb hitting the target is 0.40. Two bombs are b. In which company, there is greater variability in individual salary?
enough to destroy a bridge. If six bombs are aimed to the bridge, c. What is the standard deviation of all the employees in both companies?
find the probability that the bridge is destroyed. d. Which company has greater stability in individual salary?
e. What will be the combined coefficient of variation?

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