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Total Marks: 50 Instructions: Rehmanali@uop - Edu.pk

The document provides instructions for an online final term examination in Probability and Statistics for Commerce. It lists the date, time and duration of the exam. It provides instructions to write name, roll number and sign each page. It notes the maximum marks, to answer all questions, and to show work for full marks. It warns against plagiarism and states no late submissions will be accepted. The exam contains 4 questions, with parts on probability concepts, index number calculations, correlation and variance/standard deviation.

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Inam Khan
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51 views

Total Marks: 50 Instructions: Rehmanali@uop - Edu.pk

The document provides instructions for an online final term examination in Probability and Statistics for Commerce. It lists the date, time and duration of the exam. It provides instructions to write name, roll number and sign each page. It notes the maximum marks, to answer all questions, and to show work for full marks. It warns against plagiarism and states no late submissions will be accepted. The exam contains 4 questions, with parts on probability concepts, index number calculations, correlation and variance/standard deviation.

Uploaded by

Inam Khan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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QUAID-E-AZAM COLLEGE OF COMMERCE

UNIVERSITY OF PESHAWAR
Bachelor of Commerce
4th Semester Final-Term (Online) Examination --- Spring 2020
Probability & Statistics for Commerce
19-08-2020 --- 11:00AM to 04:00 PM
Total Marks: 50
Instructions
 Read and understand the questions and completely answer all aspects of the questions.
 Don’t forget to write your roll no and name on each page of your answer-sheet.
 Sign each page of the answer-sheet by yourself.
 Use questions/ answers number as per the question paper.
 Handwritten answers are relatively more preferable. Scanned images of these could be added to MS
Word File for submission to your LMS account.
 In case of LMS login issue or internet sever disconnection for very long time, send your paper, within
due time at [email protected]
 Carefully note end time of the paper. No submission after the due time will be considered and will lead
to negative marking.
 Answers must be written by you (own language/ style).
 As it is an open book paper, you can consult books, notes, internet but copied answers from any source
will be marked as zero.
******************************************************************************************

Q.1.
a) What are the Minimum and Maximum values of probability? (2)
b) What are mutually exclusive and not-exclusive events? Define. (2)
c) For an experiment of tossing a fair die, identify which of the following events are mutually exclusive
and which are non-exclusive. (6)
Experiment: Toss a die
A: observe an even number A and B? B and D?
B: observe a number greater than 3 B and C? A and D?
C: observe a 6 C and D? A and D?
D: observe a 1

d) For the following compound statements, do as directed. (10)


 p(~p) show that its tautology.
 (pq)[(~p)(~q)]show that it is a contradiction.

Q.2. (10)
Calculate index numbers of prices of the items in the year 2020 from the data given below, using the methods
of: Laspeyres, Paasche’s and Fisher’s.

 Items  Price (2008)  Quantity(2008)  Price(2020)  Quantity (2020)


 A  10 10 5 25
 B 35 4 35 10
 C 30 3 15 15
 D 10 25 20 20
 E 45 8 45 10
Q.3. (10)
Define Correlation. Calculate the value of correlation coefficient (r) from the dataset of age-wise glucose level
in the subjects shown in table. Also, determine what type of correlation exists between the age and glucose
level?

SUBJECT AGE X GLUCOSE LEVEL Y


1 43 99

2 21 65

3 25 79

4 42 75

5 57 87

6 64 85

Q.4. (10)
Define Variance and Standard Deviation. For the statistics quiz 2 marks of the five students, shown below,
calculate the value of variance and standard deviation
Quiz Score: 92,88,80,68 and 57.

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