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