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

1. ## Solved Paper MTH302 Business Mathematics & Statistics Spring 2009 Final Term

FINALTERM EXAMINATION
Spring 2009

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
• 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

3. ## Here are some more Papers of MTH302 solved Fall 2009 Final Term

MTH302 solved Fall 2009 Final Term