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Thread: Solved Paper MTH302 Business Mathematics & Statistics Spring 2009 Final Term

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    28 Solved Paper MTH302 Business Mathematics & Statistics Spring 2009 Final Term

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    FINALTERM EXAMINATION
    Spring 2009
    MTH302- Business Mathematics & Statistics

    Time: 120 min
    Marks: 80

    Question No: 1 ( Marks: 1 ) - Please choose one
    The Basic salary of an employee is Rs 7,000. What is the contribution of the company
    on account of gratuity to the Gratuity Trust Fund?

    • Rs 636.36
    • Rs 6363.6
    • Rs 63.636
    • Rs 6363


    Question No: 2 ( Marks: 1 ) - Please choose one
    An arrangement of data by successive time periods is called a

    • Exponential Smoothing
    • Time Series
    • Combination
    • Permutation


    Question No: 3 ( Marks: 1 ) - Please choose one
    The graph of time series is called

    • Straight line
    • Smooth Curve
    • Parabola
    • Histogram


    Question No: 4 ( Marks: 1 ) - Please choose one
    When a straight is fitted to time series data, it is called

    • Linear equation
    • Linear regression
    • Linear trend
    • Non-Linear equation


    Question No: 5 ( Marks: 1 ) - Please choose one
    What variation does moving average method eliminate?

    • Seasonal
    • Cyclical
    • Irregular
    • Secular trend


    Question No: 6 ( Marks: 1 ) - Please choose one
    The temperature was 30°C in the afternoon and the temperature dropped to 26°C in the
    evening. Find the percentage change in the temperature.

    • 13.33%
    • 15%
    • 14.26%
    • 12%


    Question No: 7 ( Marks: 1 ) - Please choose one
    Observed errors, which represent information from the data which is not explained by
    the model, are called?

    • Marginal values
    • Residuals
    • Mean square errors
    • Standard errors


    Question No: 8 ( Marks: 1 ) - Please choose one
    An insurance company wants to predict sales from the amount of money they spend on
    advertising. Which would be the independent variable?

    • sales
    • advertising
    • insufficient information to decide
    • Both (i) and (ii) are correct.


    Question No: 9 ( Marks: 1 ) - Please choose one
    Frequency of occurrence is used in finding the

    • weighted mean
    • median
    • mode
    • variance


    Question No: 10 ( Marks: 1 ) - Please choose one
    If the equation of regression line is y = 5, then what result will you take out from it?

    • The line passes through origin.
    • The line passes through (5, 0)
    • The line is parallel to y-axis.
    • The line is parallel to x-axis


    Question No: 11 ( Marks: 1 ) - Please choose one
    Which of the following graphs is a visual presentation using horizontal or vertical bars to
    make comparisons or to show relationships on items of similar makeup?

    • bar graph
    • pie graph
    • pictograph
    • line graph


    Question No: 12 ( Marks: 1 ) - Please choose one
    In how many ways can the letters of the word MANAGEMENT be rearranged so that
    the two As do not appear together?

    • 10! - 2!
    • 9! - 2!
    • 10! - 9!
    • None of these


    Question No: 13 ( Marks: 1 ) - Please choose one
    Which of the following describe the middle part of a group of numbers?

    • Measures of central tendency
    • measures of variability
    • measures of shape
    • measures of association


    Question No: 14 ( Marks: 1 ) - Please choose one
    In the United States, 43% of people wear a seat belt while driving. If two people are chosen at random, what is the probability that both of them wear a seat belt?

    • 18%
    • 20%
    • 25%
    • None of these


    Question No: 15 ( Marks: 1 ) - Please choose one
    The midrange is not greatly affected by outliers

    • False
    • True


    Question No: 16 ( Marks: 1 ) - Please choose one
    In which of the following form, can the probability be written?

    • fraction
    • decimal
    • percentage
    • All of these.


    Question No: 17 ( Marks: 1 ) - Please choose one
    The moving averages of the Prices 90,70,30,110 are

    • 63.33, 70
    • 73.33,80
    • 45.45, 68
    • 65.50, 75


    Question No: 18 ( Marks: 1 ) - Please choose one
    Sum of annuity is always

    • Present value
    • Future value
    • Net present value
    • Current value


    Question No: 19 ( Marks: 1 ) - Please choose one
    Write a formula to find the simple interest (I) if $5000 is invested at 4% for 2 years.

    • I=PRT
    • I=P+R+T
    • I=PT
    • I=P(R+T)


    Question No: 20 ( Marks: 1 ) - Please choose one
    Solve 3x = 27 for x

    • 0.9
    • 6
    • 18
    • 9



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    Last edited by viki; 07-21-2010 at 10:44 PM.
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    28 Here are some more Papers of MTH302 solved Fall 2009 Final Term

    MTH302 solved Fall 2009 Final Term
    Last edited by viki; 08-02-2010 at 07:56 PM.
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