ModelTestPapers201112

B.A.PartIII,
EconomicsII

ShortAnswerTypeQuestions
Q1

LocatetheMissingFrequenciesinthefollowingincomedistribution.

ClassInterval

Frequency

010

1020

2030

20

3040

12

4050

Median&modeare2726respectively.

Q2

Themean&Standarddeviationof20itemswasfoundtobe10and2respectively.Later
itwasfoundthattheitem12wasmisreadas8.Calculatethecorrectmeanandstandard
deviation.

Q3

ASampleof5itemswastakenfromtheoutputofafactory.Thelengthandweightof5
itemsaregivenbelow:

Length(ininches)

Weight(inkg)

17

14

15

10

16

ByComparingthecoefficientofvariationofthetwoCharacteristics,statewhichis
morevariable.

Q4

Formthefollowingdata,CalculatetheCoefficiencyofCoValuationbetweenageof
studentsandtheirplayinghabits.

Age

No.OfStudents

RegularPlayers

15

250

200

16

200

150

17

150

90

18

120

48

19

100

30

20

80

12

Q5

Interpolatethevaluesof1971and1973fromthedategivenbelow:

Year

SaleofJute(BalesinLakhs)

1968

15

1969

18

1970

20

1971

1972

25

1973

1974

30

Q6

FindtheregressionequationofXonlyandYonXfromthefollowingdate:

Mean(x)

25

22

StandardDeviation

04

05

CoefficientofCorelation 0.8

Q7

Indexnumbersareeconomicbarometers.Discussthisstatementinbrief.

Q8

Q9

DifferentiatewithrespecttoX:
(i)

Y=

(ii)

Y=

(iii)

Y=

(iv)

Y=log

(v)

Y=

(vi)

Y=

(vii)

Y=

(viii)

Y=

IfAR=

WhereAR=AverageRevenue

AndQ=Quantityofoutput,findMarginalReveance.
Q10IfTC=1000

50002+2/33Thenfind atwhichAC=MC

Q11

Ifx=2005PWherePispriceandxisdemandthenfindM.R.

Q12

Findtheinverseofthefollowingmatrix

A=

Q13

Findthevalueofthefollowingseries7+77+777+777+.upto10times.

Q14

Solvethefollowingquatralivequation
(i)

4x2+7x1=0

(ii) 4x212x+9=0

andB=

Q15

IfA=

Find=AB

Q16

Provethefollowing

=0

EssayTypeQuestions:

Q1

Distinguishbetweenprimary&secondarydataexplainthevariousmethodsofcollecting
primarydata.

Q2

PricesofSharesXandYCompanyaregivenbelow.Determinesharesofwhichcompany
aremorestableinprice

XCo.

YCo.

55

108

54

107

53

105

56

106

58

107

52

104

50

103

51

104

49

101

Q3

(a)WhyfishersformulaisreferredtoasanIdeal,Index?Explainit.

(b)Fromtheworkingclassinacity,constructpriceindexnumberfor1995onthebasis
of1985

Weight

Price(1985)

Price(1995)

Therewasawageincreaseof20%from1985to1995wasitadequate?


Q4

Thefollowingtablerelatestothedailyearningsofworkersinafirm

earningsofWorkersinafirm

Earning(lessthanRs.)

No.ofWorkers

10

50

20

150

30

300

40

500

50

700

60

800

InterpolatethenumberofworkersearningbetweenRs.25andRs.35.Alsothenumber
ofworkersgettingmorethanRs.35.

Q5

SolvethefollowingsystemofequationofcramersRule:

x+y+z=3

X+y+2z=8

5x+6y4z=30

Q6

(a)FitatrendlivebythemethodofleastSequences.Estimatethevaluefor2021.

Years

Values

1971

34

1981

50

1991

67

2001

75

2011

85

Q7

ConstructFishersindexnumberfromthefollowingdataandshowitstatisticTime
ReversalRfacherreversaltest.

Item

A
B
C
D
E

BaseYear
Price
2
3
01
05
04

CurrentYeat
Price
5
06
02
10
08

Qty.
20
08
10
05
04

Qty.
15
7
12
6
05

Q8

FromthefollowingdatafindthecostoflivingIndexNumberfor1980onthebaseof

1970bythefamilybudgetmethod.

Item

Wheat
Rice
Sugar
DesiGhee
DaldaGhee
Oil
Clothing
Fuel
Rent

Q09

Qty.Consumed

2Quintal
25kg
10kg
5kg
5kg
25kg
25Meteres
04Quintal
One

Unit

Quintal
Quintal
Quintal
Kg
Kg
Quintal
Meter
Quintal
House

CurrentYear
1970
50
100
80
10
03
200
04
08
20

1980
75
120
120
10
05
200
05
10
25

TenCompetitorsinabeautycontestarerankedbytherejudgeinthefollowingorder

FirstJudge

:1

06

05

10

03

02

04

09

07

08

SecondJudge :3

05

08

04

07

10

02

01

06

09

ThirdJudge

04

09

08

01

02

03

10

05

07

:6

Userankcorrectiontodeterminewhichpairofjudgehasthenearestapproachtocommontastes
inbeauty.

Q10 IfA

ProveA24A51=0