I-12(QNM) Revised Syllabus |
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Quantitative Methods | |||
Time Allowed : 3 Hours | Full Marks : 100 | ||
The figures in the margin on the right side indicate full marks. (Notations and symbols have their usual meanings.) | |||
SECTION I(Mathematical Techniques — 40 marks) | |||
Answer Question No. 1 (compulsory — 10 marks) and two other questions from this section (15x2 = 30 marks). |
1. | Attempt any five of the following: | 2x5=10 | |||||||||||||||||
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for which A + B = BC. | |||||||||||||||||||
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(f) | Find the gradient of the curve log(xy) = x2 + y2 at (1, 2). | ||||||||||||||||||
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2. | (a) | Show that the vectors 2i — j + k, i — 3j — 5k and 3i — 4j — 4k are coplanar. |
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equations : 2x + 4y — z = 9, 3x + y + 2z = 7, x + 3y — 3z = 4. | 5 | ||||||||||||||||||
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3. | (a) | A firm has found from past experience that its profit in terms of number of units produced is given by p(x) = x3/3 + 729x — 2500, 0 < x < 35 |
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I-12(QNM) Revised syllabus |
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(b) | Solve graphically the following LPP: |
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(c) | In a service station manned by one server, on an average one customer arrives every 10 minutes. If has been observed that eeach customer requires 6 minutes to be served. Determine (i) average queue length, (ii) average time spent in the system. |
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5. | (a) | Find the area of the region bounded by the curve y2 = 12x, x-axis and the semi-latus rectum. | 5 | ||||||||||||||||||||||||||||||
(b) | A company with factories at F1, F2 and F3 supplies to warehouses at W1, W2 and W3. Factories capacities are 200, 160 and 90 units respectively while weekly warehouses requirements are 180, 120 and 150 units respectively.
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To minimise shipping costs, determine an initial BFS to above Transportation problem using North-West Corner Method. |
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(c) | What is the optimal strategy in the game described by the matrix? | 5 | |||||||||||||||||||||||||||||||
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I-12(QNM) Revised Syllabus |
SECTION II(Statistical Techniques — 30 marks) | |||||||||||||||||||
Answer Question No. 6 (compulsory — 10 marks) and two other questions (10 x 2 = 20 marks) from this section. | |||||||||||||||||||
6. | Answer any five of the following choose the correct alternative stating proper reason: |
2x5=10 | |||||||||||||||||
(a) | Two dice are thrown simultaneously and the point on the dice are multiplied together. Then the probability that the product is 4, is
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(b) | Let the events A and B be independent with P(A) = 0.5 and P(B) = 0.8. Then the probability that neither of the events occurs is
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(c) | Let A and B are two events such that P(A) = 0.4, P(A U B) = 0.7 and P(B) = p. For what choice of p are A and B independent? |
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(d) | The mathematical expectation of the number of points if a balanced die is thrown is | ||||||||||||||||||
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= 0.2734 and 0.4793 for z = 0.75 and 2.04 respectively] | |||||||||||||||||||
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(f) | For a Poisson distribution p(x = 1) = p(x = 2), then p(x = 1 or 2) is | ||||||||||||||||||
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deviation is | |||||||||||||||||||
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(h) | For a simple random sample without replacement of size 16 drawn from a population of size 65 and variance 4 the standard error of sample mean is |
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(i) | If the regression lines are perpendicular to each other, then the correlation coefficient between the variables. | ||||||||||||||||||
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(j) | If random variable X is uniformly distributed with probability density function f(x) = 1, 0 < x < 1, then V(X) is |
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I-12(QNM) Revised syllabus |
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7. | (a) | The odds in favour of one student passing an examination are 3 : 7. The odds against another student passing an examination are 3 : 5. What are the probabilities that (i) both will pass; (ii) both will fail? |
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(b) | The Wage distribution of workers in a factory is normal with mean Rs. 200 and standard deviation Rs. 25. If the wages of 40 workers be less than Rs. 175, find the number of workers whose income is less than Rs. 225. |
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8. | (a) | For a binomial distribution, mean is 4 and variance is 2. Find the probability of getting (i) at least 2 successes and (ii) atmost 2 successes. |
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(b) | A sample of 100 arrivals of customers in a departmental store is according to the following distribution: |
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Use the following random numbers to simulate for the next 10 arrivals. [Given: Random numbers: 25, 39, 65, 76, 12, 05, 73, 89, 19, 49] |
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(b) | Two variables have the regression lines 3x + 2y = 26 and 6x + y = 31. Find the mean values, the correlation coefficient between x and y and the ratio of variances of the variables. |
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10. | (a) | Marketing staff of an industrial unit has submitted the following pay-off table, giving profits in million rupees, concerning a certain proposal depending upon the rate of technological advance:
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The probabilities are 0.2, 0.5 and 0.3 for much, little and none technological advance, respectively. What dicision should be taken? |
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(b) | Consider the following table:
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Can we conclude at 5% level of significance that sex has no bearing on the quality of eye-sight?[Given: values of at 5% level of significance are are 3.84, 5.99, 7.81, 9.49 for d.f. = 1, 2, 3 and 4 respectively?] |
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I-12(QNM) Revised Syllabus |
11. | (a) | A random sample of 100 articles taken from a batch of 2,696 articles contains 5 defective articles. Find95% confidence interval for the proportion of defective articles in whole batch. |
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(b) | There are two brands of car tyres A and B in the market. A sample of 100 tyres of brand A has an average life of 37,500 km with a standard deviation of 2,500 km. Another sample of 75 tyres of brand B has an average life of 39,000 km with a standard deviation of 3000 km. Can we conclude that brand B is better than brand A ? |
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SECTION III(Economic Techniques — 30 marks) | |||||||||||||||||||||||
12. | Attempt any five of the following: | 2x5=10 | |||||||||||||||||||||
(a) | With the base year 2002, the CLI in 2006 stands 146. A person who was getting a monthly salary of Rs. 2,500 in the year 2002 gets Rs. 3,700 in the year 2006. Is he getting more or less and to what extent? |
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(b) | If 12 ½% fall in price causes a 25% rise in demand, then find price elasticity of demand and its nature. | ||||||||||||||||||||||
(c) | The total daily cost (in Rs.) for producing 'x' plastic chairs is TC = 15x + 3000. If each chair sells for Rs. 65, find the break-even point |
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(e) | Write down the normal equations in fitting a second degree equations in fitting a second degree equation y = a bt + ct2 by the method of least squares. |
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(f) | If the seasonal index is 110 and production is 25.4, then what is the deseasonalised value? | ||||||||||||||||||||||
(g) | If total cost = 250 + 10x — 12x2 + x3, find at what level of x diminishing marginal return begins. | ||||||||||||||||||||||
(h) | Compute Fisher's Index Number from the following data: | ||||||||||||||||||||||
ΣP0Q0 = 280, ΣP0Q1 = 384, ΣP1Q0 = 344, ΣP1Q1 = 472 | |||||||||||||||||||||||
13. | Answer any four of the following | 5x4=20 | |||||||||||||||||||||
(a) | The demand functions of two commodities are |
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(b) | Show that r12 = 0.80, r13 = 0.60 and r23 = —0.20 are inconsistent in multivariate distribution. |
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(c) | Incomplete information obtained from a partly destroyed record on cost of living analysis is given below: |
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The CLI with percentage of total expenditure as weight was found to be 127.9. Estimate the weights used for 'clothing' and 'miscellaneous' |
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(d) | Apply the semi-averages method and obtain the trend values for following 8 years and also for next 2 years from the following data: |
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(e) | From the following transaction matrix, find gross output to meet demand of 300 units of agriculture and 900 units of industry: |
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inputs and prices per unit of K and L are Rs. 2 and Rs. 3 respectively with total cost at Rs. 60. Determine the maximum output subject to the cost constraint. |
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