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ASIC

BA C NUUMEERIICAL
AL

SKI
KILL
LS

IIISe
emesterr

COMMO
ONCOU
URSE

B m/BB
BCom BA

(2011A
Admissio
on)

UN
NIVER
RSITY
Y OF CALIICUT
T

SCHOOL
LOFDIST
TANCEE
EDUCATIO
ON

Calicut Universiity P.O. Mallappuram, Kerala,


K Indiia 673 635

136

SchoolofDistanceEducation

UNIVERSITYOFCALICUT

SCHOOLOFDISTANCEEDUCATION

STUDYMATERIAL

CommonCoursefor

BCom/BBA

IIISemester

BASIC NUMERICAL SKILLS

Preparedby: Sri.UdayakumarO.K,
AssociateProfessor,
DepartmentofCommerce,
Govt.College,Madappally.

Scrutinisedby: Dr.K.Venugopalan,
AssociateProfessor,
DepartmentofCommerce,
Govt.College,Madappally

Layout: ComputerSection,SDE


Reserved

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CONTENTS Pages

MODULEI 5

MODULEII 35

MODULEIII 47

MODULEIV 76

MODULEV 101

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MODULEI

The theory of sets was introduced by the German mathematician Georg Cantor in
1870.Asetiswelldefinedcollectionofdistinctobjects.Thetermwelldefinedwemeanthat
thereexistsarulewiththehelpofwhichwewillbeabletosaywhetheraparticularobject
belongtothesetordoesnotbelongtotheset.Theobjectsinasetarecalleditsmembersor
elements.
The sets are usually denoted by the Capital letters of the English alphabet and the
elementsaredenotedbysmallletters.
IfxisanelementofasetA,wewriteX A(readasxbelongtoA).Ifxisnotanelement
ofAthenwewriteX A(readasxdoesnotbelongtoA).
RepresentationofaSetorMethodsofdescribingaSet
Asetisoftenrepresentationintwoways:
(1) Rostermethodortabularorenumerationmethod.
(2) SetbuildermethodorRuleorSelectormethod.
TabularMethod
Inthismethod,asetisdescribedbylistingtheelements,separatedbycommasandare
enclosedwithinbraces.Forexamplethesetoffirstthreeoddnumbers1,3,5isrepresentedas:
A= 1, 3, 5
SetBuilderMethod
In this method, the set is represented by specifying the characteristic property of its
elements.Forexamplethesetofnaturalnumbersbetween1and25isrepresentedas:
A= : 1 25
TYPESOFSETS
1. NullSetorEmptySetorVoidSet
Asetcontainingnoelementiscalledanullset.Itisdenotedby or
Eg:thesetofnaturalnumbersbetween4and5.
2. SingletonorUnitSet
ASetcontainingasingleelementiscalledsingletonset
Eg:Setofallpositiveintegerslessthan2
3. FiniteSet
ASetissaidtobeafinitesetifitconsistonlyafinitenumberofelements.Thenullset
isregardedasafiniteset.
Eg:thesetofnaturalnumberslessthan10

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4.InfiniteSet
Asetissaidtobeaninfinitesetifitconsistsofainfinitenumberofelements.
Eg:Setofnaturalnumbers.
5.EquvilantSet
Two sets A and B are said to be equivalent set if they contain the same number of
elements
Eg:LetA= 1, 2, 3 andB= , ,
6.EqualSet
TwosetsAandBaresaidtobeequaliftheycontainthesameelements.
Eg:LetA= 1, 2, 3 B= 2, 1, 3
7.SubSetandSuperSet
IfeveryelementofAisanelementofBthenAiscalledasubsetofBandsymbolically
wewriteA B
IfAiscontaininBthenBiscalledsupersetofAandwrittenasB A
Eg:A= 2, 3 andB= 2, 3, 4 thenAisapropersubsetofB
8.PowerSet:
The collection of all sub sets of a set A is called the power set of A. It is denoted by
P(A).InP(A),everyelementisaset.Forexample
A= 1, 2, 3
ThenP(A)= , 1, 2, 3 1 2, 3 1, 2 1, 3 2, 3
9.UniversalSet
If all thesetsunder considerationaresubsetsofafixedset U,iscalleduniversalset.
ForexampleAisthesetofvowelsintheEnglishAlphabet.Thenthesetofalllettersofthe
EnglishAlphabetmaybetakenastheuniversalset.
10.DisjointSet
TwosetsAandBaresaidtobedisjointsetsifnoelementofAisinBandnoelementofBisin
A.Forexample
A= 3, 4, 5 ,B= 6, 7, 8
SETOPERATIONS
(1) Unionofsets:
TheunionoftwosetsAandBisthesetofallthoseelementswhichbelongstoAortoBorto
both.WeusethenotationA BtodenotetheunionofAandB.

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Forexample
IfA= 1, 2, 3, 4 B= 3, 4, 5, 6 ,ThenA B= 1, 2, 3, 4, 5, 6
(2)IntersectionofSets
TheintersectionoftwosetsisthesetconsistingofallelementswhichbelongtobothAandB.
ItisdenotedbyA B.Forexample
IfA= 1, 2, 3, 4 B= 3, 4, 5, 6 ,ThenA B= 3, 4
(3)Differenceoftwosets
ThedifferenceofthetwosetsAandBisthesetofallelementsinAwhicharenotinB.Itis
denotedbyABorA/B.Forexample
IfA= 1, 2, 3, 4 B= 3, 4, 5, 6 ,ThenA B= 1, 2
(4)Complementofaset
Complementofasetisthesetofallelementbelongingtotheuniversalsetbutnotbelonging
toA.Itisdenotedby or
= A.ForexampleIf = 1, 2, 3, 4,5 A= 1,3, 5 ,Then = 2, 4
ALGEBRAOFSETSORLAWSOFSETOPERATION
(1)CommutativeLaws:
IfAandBareanytwosetsthen:
(i)A B=B A
(ii)A B=B A
(2)AssociativeLaws
IfA,BandCarethreesets,then
(i)A (B C)=(A B) Cand
(ii)A (B C)=(A B) C
DistributiveLaws
IfA,B,Careanythreesets,then
(i)A (B C)=(A B) (A C)and
(ii)A (B C)=(A B) (A C)
DeMorgansLaw
IfAandBareanytwosubsetsof ,then
(i)(A B)=A B

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That is complement of union of two sets equal to the intersection of their
complements.
(ii)(A B)=A B
That is complement of intersection of two sets is equal to the union of their
complements.
PracticalProblems
1)IfA= 1, 2, 3, 4 ,B= 3, 4,5,6
C= 5, 6, 7, 8 D= 7, 8, 9, 10
Find(i)A B (ii)A C (iii)B C
(iv)B D (v)A B C (vi)A B D (vii)B C D
Answer
(i) A B= 1, 2, 3, 4, 5, 6
(ii) A C= 1, 2, 3, 4, 5, 6, 7,8
(iii) B C= 3, 4,5, 6, 7, 8
(iv) B D= 3, 4, 5, 6, 7, 8, 9, 10
(v) A B C= 1, 2, 3, 4, 5, 6, 7, 8
(vi) A B D= 1, 2, 3, 4,5, 6, 7, 8, 9, 10
(vii) B C D= 3, 4,5, 6, 7, 8, 9, 10

2)IfA= 1, 3, 5, 7 ,B= 5, 9, 13, 17 C= 1, 3, 9, 13


Find(i)A B(ii)B A(iii)AB(iv)B A(v)A C(vi)(A B) C(vii)A (AB)
Answer
(i) A B= 5
(ii) B A= 5
(iii) AB= 1,3, 7
(iv) BA= 9, 13, 17
(v) A C= 5, 7
(vi) (A B C)= 7
(vii) A(AB)= 5

3)A= : 1 6
B= : 6 10
Find(i)A B(ii)A B
Answer
A= 2, 3, 4, 5, 6

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B= 7,8, 9, 10
(i)A B= 2, 3, 4, 5, 6, 7,8, 9, 10
(ii)A B=

4)Let = 1,2, 3, 4, 5, 6, 7, 8, 9,10 andA= 1, 3, 5, 7, 9 Find .


Answer
meansbelongstouniversebutnotinA
= 2, 4, 6, 8, 10
5)Let = 1,2, 3, 4, 5, 6, 7, 8, 9,10
A= 1, 4, 7,10 B= 2, 4, 5, 8
FindA B
Answer:
A=BelongstouniversebutnotinA
A= 2, 3, 5, 6, 8, 9
A B= 2, 5, 8
=====
7)LetA= 1,2,3 B= 2, 4, 5
C= 2, 4, 6 , = 1, 2, 3, 4, 5, 6, 7, 8
Verifythat(i)(A B)=A B
(ii)(A B)=A B
Answer
(i)(A B)= (A B)
A B= 1, 2, 3, 4, 5
(A B)= 6, 7, 8
A= A= 4, 5, 6, 7, 8
B= B= 1, 3, 6, 7, 8
A B= 6, 7, 8
Hence(A B)=A B
=====
(ii)(A B)= (A B)
(A B)= 2
(A B)= 1, 3, 5, 6, 7, 8
A B= 1, 3, 5, 6, 7, 8
Hence(A B)=A B
=========

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VENNDIAGRAM
Therelationshipbetweensetscanberepresentedbymeansofdiagrams.ItisknownasVenn
diagram. It consists of a rectangle and circles. Rectangle represents the universal set and
circlerepresentsanyset.
ForexampleA B,A B,A B,and canberepresentedasfollows:

(1)A B

A B A B

IndiagramIAandBareintersectingintheseconddiagram,AandBaredisjointandin
thethirdfigure,BisasubsetofA.Inallthediagrams,A Bisequaltotheshadedarea.

(ii)A B


A
A B B

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A B



InfirstdiagramA Bismarkedbylines.IntheseconddiagramBisasubsetofAandA Bis
also marked by lines. In the third diagram A and B are disjoint and therefore there is no
intersectionandsoA B=

(iii)A B (iv)



A B
A

ABiebelongstoAbutnotinBis i.e. belongs to universe but


shadedbylines notinAisshadedbylines

TheoremsonNumberofElementsinaSet

(i) n(A B)=n(A)+n(B)n(A B)


(ii) n(A B C)=n(A)+n(B)+n(C)n(A B)n(A C)n(B C)+n(A B C)

A B=atleastoneofthem
A B=bothA&B
A B C=Atleastoneofthem
A B C=Allofthem

1)Among60people,35canspeakinEnglish,40inMalayalamand20canspeakinboththe
languages. Find the number of people who can speak at least one of the languages. How
manycannotspeakinanyoftheselanguages?
Answer
n(A)=SpeakinEnglish
n(B)=SpeakinMalayalam
Given
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n(A)=35,n(B)=40
n(A B)=20
A B=(iepeoplewhospeakinatleastoneofthelanguage)=
n(A)+n(B)n(A B)
=35+4020=55
Numberofpeoplewhocannotspeakinanyoneoftheselanguage=6055=5
2) Each student in a class, studies at least one of the subject English, Mathematics and
Accountancy. 16 study English, 22 Accountancy and 26 Mathematics. 5 study English and
Accountancy, 14 study Mathematics and Accountancy and 2 English, Accountancy and
Mathematics.Findthenumberofstudentwhostudy
(i)English&Mathematics
(ii)English,MathematicsbutnotAccountancy
Answer
LetA=studentsstudyEnglish
B=studentsstudyMathematics
C=studentsstudyAccountancy
Given
n(A)=16,n(B)26,n(C)22
n(A C)=5,n(B C)=14,n(A B)?
n(A B C)=2,n(A B C)=40
Weknowthat
n(A B C)=n(A)+n(B)+n(C)n(A B)n(A C)n(B C)+n(A B C)
40=16+26+22n(A B)514+12
n(A B)=16+26+22514+240
=7
NumberofstudentsstudyforEnglish&Mathematics=7
NumberofstudentwhostudyEnglish,MathematicsbutnotAccountancy=n(A B C)
n(A B C)=n(A B)n(A B C)
=72=5
NumberofstudentwhostudyEnglish,MathematicsandnotAccountancy=5
==
3)Inacollegethereare20teachers,whoteachAccountancyorStatistics.Ofthese12,teach
Accountancyand4teachbothStatisticsandAccountancy.HowmanyteachStatistics?

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Answer
Letn(A)=teachersteachAccountancy
n(B)=teacherteachStatistics
Givenn(A)=12,n(B)?
n(A B)=4,n(A B)=20
n(A B)=n(A)+n(B)n(A B)
20=12+n(B)4
n(B)=2012+4=12
NumberofteachersteachStatistics=12
===
4) Out of 2400 students who appeared for BCom degree Examination, 1500 failed in
Numericalskills,1200failedinAccountancyand1200failedinInformatics,900failedinboth
Numerical skills and Accountancy 800 failed in both Numerical skills and Informatics, 300
failedinAccountancyandInformatics,40failedinallsubjects.Howmanystudentspassedall
threesubjects?
Answer
LetA=numberofstudentsfailedinNumericalSkills
B=numberofstudentsfailedinAccountancy
C=numberofstudentsfailedinInformatics
Given
n(A)=1500,n(B)=1200,n(C)=1200
n(A B)900,n(A C)800,n(B C)=300
n(A B C)=40
Numberofstudentsfailedinatleastonesubject=n(A B C)
n(A B C)=n(A)+n(B)+n(C)n(A B)n(A C)n(B C)+n(A B C)
=1500+1200+1200900800300+40=1940
Numberofstudentpassedinallsubjects=24001940=460
===

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MATRICES
Amatrixisanorderedrectangulararrayofnumbersorfunctions.Itisarectangular
presentation of numbers arranged systematically in rows and columns one number or
functionsarecalledtheelementsofthematrix.Thehorizontallinesofelementsofthematrix
arecalledrowsandverticallinesofelementsofmatrixarecalledcolumns.

OrderOfMatrix

Amatrixhavingmrowsncolumnsarecalledamatrixofordermxnorsimplymx
nmatrix(readasanmbynmatrix)

TypesofMatrices

(i) Rectangularmatrix:Anymatrixwithmrowsandncolumniscalledarectangular
matrix.ItisamatrixofOrdermxn.Forexample,
1 2 3 4
A= 2 1 2 2 isa3x4matrix
3 2 1 2
(ii) Square matrix : A matrix by which the number of rows are equal to the number of
columns,issaidtobeasquarematrix.Thusanmxnmatrixissaidtobesquarematrixif
m=nandisknownasasquarematrixofordern.Forexample,
1 2 3
A= 2 1 1 isasquarematrixoforder3
1 0 2
(iii) Rowmatrix:Amatrixhavingonlyonerowiscalledarowmatrix.Forexample,

A= 1 2 3 2 isarowmatrix.
(iv) Columnmatrix:Amatrixhavingonlycolumniscalledcolumnmatrix.Forexample,
1
A= 2 isacolumnmatrix.
3
1
(v) Diagonalmatrix:Asquarematrixissaidtobediagonalitallelementsexceptleading
diagonal are zero. Elements a11, a22, a33 etc. termed as leading diagonal of a matrix.
ExampleofDiagonalmatrixis
2 0 0
A= 0 3 9 isadiagonalmatrix.Leadingdiagonalelementsare2,3,6.
0 0 6

(vi) ScalarMatrix:Adiagonalmatrixissaidtobescalarmatrix,ifitsdiagonalelementsare
equal.Forexample.

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2 0 0
A= 0 2 0
0 0 2
(vii)Unitmatrixofidentitymatrix:Adiagonalmatrixinwhichdiagonalelementsare1and
restarezeroiscalledUnitMatrixoridentitymatrix.Itisdenotedby1.
1 0 0
A= 0 1 0 isaUnitmatrixorIdentitymatrix.
0 0 1
(viii)NullMatrixorZeromatrix:Amatrixissaidtobezeroornullmatrixifallitselements
arezero.Forexample
0 0 0
A= 0 0 0 isaNullmatrixorZeromatrix
0 0 0
(ix) Triangular matrix: If every element above or below the leading diagonal is zero, the
matrixiscalledTriangularmatrix.Itmaybeuppertriangularorlowertriangular.In
upper triangular all elements below the leading diagonal are zero and in the lower
triangularallelementsabovetheleadingdiagonalarezero.Forexample,

1 2 3
A= 0 4 2 isamatrixofuppertriangular.
0 0 3
1 0 0
A= 2 3 0 ismatrixoflowertriangular
1 2 2
(x) Symmetric matrix : Any square matrix is said to be symmetric if it is equal to
transpose.Thatis,A=A

Transposeofamatrixasamatrixobtainedbyinterchangingitsrowsandcolumns.Itis
denotedbyA orA .Exampleofsymmetricmatrix

2 1 2 1
A= ,=
1 4 1 4
(xi) SkewSymmetricMatrix:Anysquarematrixissaidtobeskewsymmetricifitisequal
toitsnegativetranspose.ThatisA=A

0 2 3
Forexample A= 2 0 4 =A
3 4 0

0 2 3
A 2 0 4
3 4 0

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0 2 3
A 2 0 4
3 4 0

Operationofmatrices

Operation of matrices relate to the addition of matrices, difference, multiplication of


matrixbyascalarandmultiplicationofmatrices.

Additionofmatrices:IfAandBareanytwomatricesofthesameorder,theirsumis
obtainedbytheelementsofAwiththecorrespondingelementsofB.
Forexample:

8 6 2 5 2 3
A= 7 3 2 B= 3 2 1
4 3 2 3 2 2

3 4 5
ThenA+B= 10 1 3
1 1 4

Difference of Matrices : if A and B are, two matrices of the same order, then the
differenceisobtainedbydeductingtheelementofBfromA.
1 2 3 3 1 3
IfA= B=
2 3 1 1 0 2

2 3 0
ThenA B=
3 3 1

MultiplicationofaMatrixbyaScalar
TheelementsofMatrixAismultipliedbyanyvalue(ie.K)andmatrixobtainedisdenotedby
K
1 2 3
Forexample:A= 2 3 1
2 2 1

5 10 15
Then5A= 10 15 5
10 10 5

PracticalProblems
0 2 3 7 6 3
1) IfA= B= Find3AB?
2 1 4 1 4 5

0 6 9
Ans: 3A=
6 3 12

0 6 9 7 6 3
3A B=
6 3 12 1 4 5

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7 0 6

5 1 7
==========
(2)Solvetheequation:

1 1 3 5
2 3 5
0 2 4 6
======

2 2
Ans:2
2 2
1 1 3 3
3
0 2 0 6
3 5 15 25
5
4 6 20 30
2 2 3 3 15 25

+ =

2 2 0 6 20 30
2 3 15, 2 15 3 12, 6

2 3 25, 2 25 3 28, 14

2 0 20, 2 20, 10

2 6 30, 2 30 6 24, 12

(3) Findthevalueofa,bif
5 3 4 7 6
2x
7 3 1 2 15 14

5 2 10
Ans:2x
7 3 14 2 6
2 10 3 4 7 6

14 2 6 1 2 15 14

2a+3=7,2a=73=4,a= =2

2b6+2=14,2b=14+62=18,b= =9

Multiplicationoftwomatrices

Formultiplication,takeeachrowofthelefthandsidematrixwithallcolumsoftherighthand
sidematrix.ForexampleA B ThenAB=

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PracticalProblems
2 3 1
1 2 3
(1) LetA= B= 5 4 2 ComputeAB
2 1 4
1 5 3
1x2 2x5 3x1 1x3 2x4 3x5 1x1 2x2 3x3
Ans:AB=
2x2 1x5 4x1 2x3 1x4 4x5 2x1 1x2 4x3
2 10 3 3 8 15 1 4 9
AB=
4 5 4 6 4 20 2 2 12
15 26 14
AB=
5 18 12

1 2 2 2
(2) LetA= andB= FindABandBAandhenceshowthatABBA
3 4 1 1
1x 2 2x1 1x2 2x 1
Ans:AB=
3x 2 4x1 3x2 4x 1
2 2 2 2 0 0
=
6 4 6 4 2 2

2x1 2x3 2x2 2x4
BA=
1x1 1x3 1x2 1x4
2 6 4 8 4 4
= =
1 3 2 4 2 2
Therefore,ABBA
0 6 7 0 1 1 2
(3) LetA= 6 0 8 ,B= 1 0 2 ,B= 2
7 8 0 1 2 0 3
CalculateAC,BCand(A+B)Candverifythat(A+B)C=AC+BC.
0 12 21 9
Ans:AC= 12 0 24 = 12
14 16 0 30

0 2 3 1
BC= 2 0 6 = 8
2 4 0 2

0 7 8
A+B= 5 0 10
8 6 0

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0 14 24 10
(A+B)C= 10 0 30 = 20
16 12 0 28
10
AC+BC= 20
28
(A+B)C=AC+BC
1 2 3
(4) LetA= 3 2 1 Showthat 23 40I 0
4 2 1
Ans: x x

x
19 4 8
1 12 8
14 6 15
63 46 69
69 6 23
92 46 63
23 46 69
23A= 69 46 23
92 46 23
1 0 0
0 1 0
0 0 1
40 0 0
40 0 40 0
0 0 40

0 0 0
23 40I 0 0 0
0 0 0
23 40I 0

2 5 4 5
(5) LetA= B= WhatisthevalueofkifanymakeAB=BA
3 1 3
23 10 5
Ans: AB=
9 15

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23 15
BA=
6 3 15

AB=BA

10+5k=15

5k=15+10=25

=5

(6) Two shops have the stock of large, medium and small size of a tooth paste. The
numberofeachsizestockedisgivenbythematrixA,where


A= 150 240 120 . 1
90 300 210 .2

arecostmatrix1ofthedifferentsizeofthetoothpasteisgivenbycost( )

14
10
6
Findtheinvestmentinthetoothpastebyeachshop.

Ans:Investment=AB
14
150 240 120
AB= X 10
90 300 210
6
2100 2400 720 5220
= =
1260 3000 1260 5520
Investmentintoothpasteby

Shop1 = 5220

Shop2 = 5520

(7) InalargelegislativeAssemblyelectron,apoliticalgrouphiredapublicrelationsfirm
to promote its candidate in three ways; telephonic, housecalls, and letters. The cost
percontract(inpaise)isgiveninmatrixAas.

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40
A=
100
50
ThenumberofcontractofeachtypemadeintwocitiesXandYisgivenby

B= 1000 500 5000
3000 1000 10000

Findthetotalamountspentbythegroupinthetwocitiesxandy?

Amountspent=BA
40
1000 500 5000
BA= X 100
3000 1000 10000
50
40000 50000 2,50,000

1,20,000 1,00,000 5,00,000
3,40,000

7,20,000
Amountspentby

CityX=3,40,000paisei.e. 3400/

CityY=7,20,000paisei.e. 7200/

(8) ThreeshopkeepersA,BandCgotoastoretobuystationery. Apurchases12dozen


note book, 5 dozen pens and 6 dozen pencils. B purchases 10 dozen note books, 6
dozenpensand7dozenpencils.Cpurchases11dozennotebook,13dozenpens,and
8 dozen pencils. A note book costs 40 paise, a pen costs 1.25 and pencil costs 35
paise.Usematrixmultiplicationtocalculateeachindividualbill?

Ans:Billofpurchase=PurchaseQuantityxPrice

LetA=PurchaseQuantity

B=Price

ThenA= 12x12 5x12 6x12
10x12 6x12 7x12
11x12 13x12 8x12
144 60 72
ThenA= 120 72 84
132 156 96
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40
B= 125 1.25 125
35
144x40 60x120 72x35
AB= 120x40 72x125 84x35
132x40 156x125 96x35
15780
AB= 16740
28140
BilloftheShopkeeperA=15780/

B=16740/

C=28140/

Determinants

A determinant is a compact form showing a set of numbers arranged in rows and


columns, the number of rows and the number of columns being equal. The number in a
determinantareknownastheelementsofthedeterminant.

Matricswhicharenotsquaredonothavedeterminants.

DeterminantofSquarematrixoforder1

Thedeterminantsof1x1matrixA[a]isdenotedby|A|ordet.A(i.e.determinantofA)
anditsvalueisa.

DeterminantofSquarematrixoforder2

LetA= beamatrixoforder2x2

ThenthedeterminantAisdefinedas

|A|= =adbc

Determinantwith3rowsandcolumns

LetA= beamatrixoforder3x3.

ThenthedeterminantAisdefinedas

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|A|=a i.e.

a(eiuf)b(digf)c(dhge)

PracticalProblems

1. Evaluatethedeterminant
2 3

4 9
2 3
Ans: =2x94x3
4 9
=18+12=30

2. Findthevalueofthedeterminant
1 2 3
2 1 2
3 2 4
1 2 3
1 2 2 2 2 1
Ans: 2 1 2 =1 2 3
2 4 3 4 3 2
3 2 4
1 4 4 2 8 6 3 4 3

1(8) 2(2)3(7)

=8421=33

Singular and Non singular matrices A square matrix A is said to be singular if its
determinantvalueiszero.If|A|0,thenAiscallednonsingular.

Minorelementsofamatrix:

Minor element is the determinant obtained by deleting its rows and the column in which
elementlies.
1 2 3
Example(1)FindtheMinorofelement6inthedeterminantA= 4 5 6
7 8 9
1 2
Ans:Minorof6= =1x82x7
7 8
=814=6

3 1 2
2) IfA= 2 1 0 Findtheminorof3
4 2 2

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1 0
Answer:Minorof3= =1x20x2=20=2
2 2

Cofactorofanelement

Cofactorofanelementisobtainedbymultiplyingtheminorofthatelementwith(1) (i+j) .
wherei=therowinwhichtheelementbelongs,s=thecolumninwhichtheelementbelongs.

Cofactprofanelement=MinorofanelementX(1)i+j
1 2
Example1.FindtheCofactorsofalltheelementofthedeterminant
4 3
Ans:Minorelement

1=3,2=4

4=2,3=1

Cofactors1=3x11+1=3x12=3

2=4x11+2=4x13=4

4=2x12+1=2x13=2

3=1x12+2=1x14=1
2 3 5
2)Findthecofactorsoftheelementsofthedeterminant 6 0 4 andverifythat
1 5 7
a11A31+a12A32+a13A33=0

Ans:Minorofanelement:
0 4
2= =(0 7)(4 5 020 20
5 7
6 4
3 =(6 7)(4 1 424 46
1 7
6 0
5 =(6 5)(0 15 300 30
1 5
3 5
6 =(3 7)(5 5 2125 4
5 7
2 5
0 =(2 7)(5 1 145 19
1 7
2 3
4 =(2 5)(3 1 103 13
1 5
3 5
1 =(3 4)(5 0 120 12
0 4

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2 5
5 =(2 4)(5 6 830 22
6 4
2 3
7 =(2 0)(3 6 018 18
6 0
Cofactors:

2 20 11 1 20 12 20

3 46 11 2 46 13 46

5 30 11 3 30 14 30

6 4 12 1 4 13 4

0 19 12 2 19 14 19

4 13 12 3 13 15 13

1 12 13 1 12 14 12

5 22 13 2 22 15 22

7 18 13 3 18 16 18

a11 2, a12 3, a13 5

A31 12, A32 22, A33 18

a11A31 a12A32 a13A33 0

i.e., 2 12 3 22 5 18

24 66 90

90 90 0

AdjointMatrix

Adjointofagivenmatrixisthetransposeofthematrixformedbycofactorsof
theelements.ItisdenotedbyAdjA.

LetA =

A A A
ThenAdjA=Transpose A A A
A A A
A A A
= A A A
A A A

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PracticalProblems
2 3
1)FindadjAforA=
1 4
Ans:Minorelement:

2=4, 3=1, 1=3, 4=2

Cofactors:

2=4 11 1 4, 3 1 11 2 1

1 3 12 1=3, 4=2 12 2 2
4 1
adjA Transpose
3 2
4 3

1 2

2 1 3
2)FindadjAforA= 3 1 2
1 2 3
Ans:Minorelement:
2=1, 1=7, 3=5
3=3, 1=3, 2=3
1=1, 2=5, 3=1

Cofactorelements

2=1 11 1 1, 1 7 11 2 7

3 5 11 3 5

3 3 12 1 3, 1 3 12 2 3

2 3 12 3 3
1 1 13 1=1, 2=5 13 2 5

3=1 13 3 1
1 7 5
adjA Transpose 3 3 3
1 5 1
1 3 1
= 7 3 5
5 3 1

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InvertibleMatrixandInverseofaMatrix

LetAbeasquarematrixofordern,ifthereexistasquarematrixBofordern,suchthat
AB BA I

ThenAissaidtobeconvertibleandBiscalledoninverseofAandAiscalledinverseofB

WhereI IdentityMatrix

InverseofAisdenotedbyA1

A1=| | adjAor


A1=
| |

2 1
1)FindtheinversematrixA=
1 3

Ans: |A|=(2 31 1 61 7

Minorelement:

2 3,1 1,1 1,3 2

Cofactorselement

2 3 11 1 3, 1 1 11 2 1

I=1 12+1 =1, 3=2x12+2=2

3 1
adjA=Transpose
1 2
3 1
adjA=
1 2

A1=| | adjA

3 1
=
1 2

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1 2 5
2.Computetheinverseof 2 3 1
1 1 1

Ans. |A|=1(31)2(21)+5(23)

=1(2)2(3)+5(5)

=26+25=21

Minorelement:

1=2,2=3,5=5

2=3,3=6,1=3

1 13,1=9,1=1

Cofactorselement

1=2 11+1=2, 2=3 11+2=3, 5=5 11+3=5

2=3 11+2=3,3=6 12+2=6,1=3 12+3=3

1=13 13+1=13, 1=9 13+2=9, 1=1 13 3 1

2 3 5
AdjA=Transpose 3 6 3
13 9 1

A = (adjA)
| |

2 3 13
= 3 6 9
5 3 1
2 3 13
21 21 21
3 6 9
=
21 21 21
5 3 1
21 21 21

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1 3 3
3)IfA= 1 4 3 thenverifythatAadjA=|A|1.AlsofindA
1 3 4
Ans: |A| =1(169)3(43)+3(34)

=1(7)3(1)+3(1)

=73+3=1

7 1 1
adjA =Transpose 3 1 0
3 0 1
7 3 3
= 1 1 0
1 0 1
1 3 3 7 3 3
A(adjA) = 1 4 3 1 1 0
1 3 4 1 0 1

1 0 0
= 0 1 0
0 0 1
A(adjA)=|A|1

1 0 0 1 0 0
0 1 0 =1 0 1 0
0 0 1 0 0 1
1 0 0 1 0 0
0 1 0 = 0 1 0
0 0 1 0 0 1
A(adjA=|A|1

A =
| |
(adjA)

7 3 3 7 3 3
= 1 1 0 = 1 1 0
1 0 1 1 0 1

2 3 1 2
4)IfA= andB= ,thenverifythat(AB)1=B1A1
1 4 1 3

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2 3 1 2 1 5
Ans: AB= =
1 4 1 3 5 14
|AB|=(1425)=11

(AB)1=
| |
(adj(AB))

adj(AB)=adjA adjB

adjA:

Minorelement:

2=4, 3=1,1=3,4=2

Cofactorselement

2=4, 3=1,1=3,4=2

4 1 4 3
adjA=Transpose =
3 2 1 2
3 2
adjB=
1 1

14 5
(AB = 5
=
1
14
5
5
1

|A|=11,|B| 1

4 3
A1 = 1 2

B = 31 2
1
=
3
1
2
1

B1A1 = 31 2
1

4
1
3
2

14 5
== 5 1
= 14
5
5
1

Hence(AB)1=B1A1

SolvingsimultaneousequationswiththehelpofMatrices

Firstly,expresstheequationintheformofAX=B

Thenpossibilities

When|A|0

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ThenX=A1Bi.e.,thesystemhasauniquesolution.

thesystemisconsistant

A =
| |
(adjA)
When|A|=0

Thenwecalculate(adjA)B

If (adj A)B = 0, then the system will have infinite solution were the system is
consistent.

[[

If(adjA)B0,thenthesystemwillhavenosolution.

Problem

1)Solvethelinearequationbyusingmatrix

5x+2y=4

7x+3y=5

Ans: AX=B

5 2
Let A= , X=
7 3
4
B=
5
|A|=(1514)=1

i.e.,10

ThenX=A B

A =
| |
(adjA)

AdjA:

Minorelement5=3,2=7,7=2,3=5

Cofactorselement5=3,2=7,7=2,3=5

3 7 3 2
adjA=Transpose =
2 5 7 5
3 2
A =
| |
(adjA)=
7 5

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3 2
=
7 5
3 2 4
X=A B=
7 5 5
12 10 2
X= =
28 25 3
2
X= =
3
x=2 y=3

2)Solvetheequationbyusingmatrix

xy+z=4

2x+y3z=0

x+y+z=2

Ans: AX=B

1 1 1
LetA= 2 1 3 , X=
1 1 1
4
B= 0
2
|A| =1(1+3)(1)(2+3)+1(21)

=1(4)+1(5)+1(1)

=4+5+1=10 ie0

ThenX=A1B

A =
| |
(adjA)

Factorelements:

1=4, 1=5, 1=1

2=2, 1=0 3=2

1=2, 1=5, 1=3

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4 5 1 4 2 2
AdjA=Transpose 2 0 2 = 5 0 5
2 5 3 1 2 3
X=A B

A =
| |
(adjA)

4 2 2
= 5 0 5
1 2 3
4 2 2 4
X=A B 5 0 5 0
1 2 3 2

16 0 4
= 20 0 10
4 0 6
20 2
= 10 = 1
10 1

2
X= 1
1
i.e.,x=2,y=1,z=1

3)Solvethefollowingequationbyusingmatrix

5x6y+4z=15

7x+4y32=19

2x+y+6z=46

Ans: AX=B

5 6 4
Let A= 7 4 3 , X=
2 1 6
15
B= 19
46
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|A|=5(243)6(426)+4(78)

=5(27)+6(48)+4(1)

=135+2884=419

ThenX=A B

A =
| |
(adjA)

Cofactorelements:

5=27, 6=48, 4=1

7=40, 4=22, 3=17

2=2, 1=43, 6=62

27 48 1 27 40 2
AdjA=Transpose 48 22 17 = 48 22 43
2 43 62 1 17 62
X=A B

X= (adjA)B
| |

27 40 2 15
= 48 22 43 19
1 17 62 46

1257
= 1676
2514
3
= 4
6
3
X= 4
6
x=3,y=4,z=6

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MODULEII

THEORYOFEQUATIONS

Anequationisastatementofequalitybetweentwoexpressions.
Foreg:x+2=5.Anequationcontainsoneormoreunknowns.

TypesofEquations

1)LinearEquation
Itisanequationwhenonevariableisunknown.Forexample2x+3=7

PracticalProblems

1)Solve2x+3=7
Ans:2x=73

2x=4,x= =2

2)Solve3x+4x=35

Ans:7x=35,x= =5

3)Solve4(x2)+5(x3)25=x+8
Ans:=4x8+5x1525=x+8
=4x+5xx=8+8+15+25
8x=56

x= =7
==

4)7x213x+13=7+6x19
Ans:7x3x6x=
719+2113
=2x=4
2x=4

x= =2
==
5)23x+147x+16=10x17+3x+4
Ans: 23x7x10x3x=17+41416

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23x=23
23x=23

x= =1

==
6)Findtwonumberswhosesumis30anddifferenceis4
Ans: Letonenumber=x
thenothernumber=30x
Numbers=(30x)x=4
2x=430

2x=26

2x=26

x= =13
thennumbersare13,17
====
7)Twothirdofanumberdecreasedby2equals4.Findthenumber
Ans:Letthenumber=x
Then2 3(x)2=4
2x6=12
2x=12+6
2x=18
x=9
==

8)Solve =

Ans:=3(7x+4)=4(x+2)
=(21x+12)=4x+8
21x+4x=812
25x=20

x= =

9)TheagesofHariandHaniareintheratioof4:5.Eightyearsfromnow,theratiooftheir
ageswillbe5:6.Findtheirpresentage?
Ans:Letpresentage=4xand5x

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After8years= =

=6(4x+8)=5(5x+8)
=24x+48=25x+40
=24x25x=4048
=1x=8
=x=8
PresentagesofHariandHaniare
Hari=4x=48=32years
====
Hani=5x=58=40years
====
2)Simultaneousequationsintwounknowns
For solving the equations, firstly arrange the equations. For eliminating one unknown
variable,multiplytheequation1or2orbothofthemwithcertainamountandthendeductor
addsomeequationwithanother,wegetthevalueofonevariable.Thensubstitutethevalue
intheequation,wegetthevaluesofcorrespondingvariable.

PRACTICALPROBLEMS

1)Solve3x+4y=7
4x7=3
Ans: 3x+4y=7(1)
4xy=3(2)
Multiplytheequation2by4,then

3x +4y =7 (1)
16x4y=12

Add 19x=19

x= =1
==
Substitutetovalueofx
3x+4y=7
3 1+4y=7
3+4y=7=4y=73=4
y= =1

2)4x+2y=6
5x+y=6
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Ans: 4x+2y=6(1)
5x+y=6(2)
Multiplytheequation2by2,then
4x+2y=6
10x+2y=12
6x=6(Deduct1 2)
6x=6

x= =1

5x+y=6
51+y=6
5+y=6,y=65=1
==
Solvey=3(x+1)
4x=4+1
Ans: y=3x+1
4x=4+1
Arrangetheequation
3x+y=3(1)
4xy=1(2)

1x=4Add
x=4
Substitutingthevalueofx
4xy=1
16y=1
Y=161=15
X=4,y=15
=========
4)Solve8x+7y=10
11x=10(1y)
Ans: 8x+7y=10(1)
11x=1010y
11x+10y=10(2)

Multiplyequation(1)by11and(2)by8

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88x+77y=110
88x+80y=80

(12) 3y=30
y= =10

Substitutingthevalueofy
8x+7y=10
8x+7 10=10
8x+70=10
8x=10+70

8x=80,x= =10

x=10,y=10
===========

5)Solve = and 10

=
=3(xy)=2(y1)
=3x3y=2y2
3x3y2y=2
3x5y=2(1)

=x10

3x4y=5(x10)
3x4y=5x50
3x5x4y=50
=2x+4y=50
=x+2y=25(2)
Multiplyequation(2)by3
3x5y=2
3x+6y=75
(12)11y=77

y= =7

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Substitutingthevalue
x+2y=25
x+2y=25
x=11
====
x=11,y=7
=======

6) A man sells 7 horses and 8 cows at Rs. 2940/ and 5 horses and 6 cows at
Rs.2150/.Whatissellingpriceofeach?

Ans:Letthesellingpriceofhorse=x
Cow=y

7x+8y=2940(1)
5x+6y=2150(2)
Multiplyequation(1)by5and2by7

Then3x+40y=14700
35x+42y=15050
(12)2y=350

y= =175
Substitutingthevalueofy
7x+8y=2940
7x+8175=2940
7x=29401400
7x=1540

x= =220
Sellingpriceofhorse=220
===
Sellingpriceofcow=175
===
3)SimultaneousEquationsinthreeunknowns
Firstly, eliminate one of the unknown from first two equations. Then eliminate the
same unknown from second and third equations. Then we get two equations. Solve such
equations,wegetthevaluesofx,yandz.

1) Solve4x+2y32 =2

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3x+4y2z =10
2x5y =5

Ans:Firstconsiderfirsttwoequationandeliminateoneunknown
4x+2y3z =2
3x+4y2z =10
Foreliminating2multiplyequationin1by2and2by3,then
8x+4y62 =4
9x+12y =30
(21)x+8y =26 ____________(1)

Considerequation2and3

3x+4y2z =10

2x5y+4z=5

Onmultiplyxyequals2by2
6x8y42=20
2x5y+42=5

add 8x+3y =25___________(2)


Solvethenewequation1and2
x+8y=26 _____________(1)
8x+3y=25_____________(2)

Multiplyequation1by8,then
8x+64y=208
8x+3y=25

(12) 61y=183
Y= =3
SubstitutevalueofY
x+8y=26
x+8x3=26
x+24 =26
x=2624=2
Substitutethevalueofx,y,
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4x+2y3z=2
4x2+2x3z=2
8+63z=2
143z =2
3z=14z
3z=12
z=12/3=4
x=2,y=3,z=4
=============

4) Quadraticequations

Theequationoftheform +bx+c=0inwhicha,b,careconstantiscalleda
quadraticequationinx.Herexistheunknown.

Solutionofquadraticequations

Therearethreemethodstosolveaquadraticequation.

(1) Methodbyformula
(2) Methodoffactorization
(3) Methodofcompletingthesqure
Quadraticformulamethod

Onegeneralquadraticequationis +bx+c=0

Then

1) Solvetheequation x 12 0

Ans: a=1,b=1,c=12





1

1 = ,

4or3
=======

2)Solvetheequation2x+ =7

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Ans:Multiplytheequationbyx

Then

2 5 7x

2 7x 5 0

a=2,b=7,c=5


1 =1

3) Solvetheequation(x+1)(x+2) 3=0

Ans: 2x x+23=0

3x 2 3=0

3x 1 0

a=1,b=3,c= 1


3 = 3

========

4) Solve 10 +9=0

Ans:Let =y

Thenequation=

y 10y 93=0

y=

a=1,b=10,c=29


10
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10

10 =9,1

Y=9,1

=y,thenx=

Y=1,x=1= 1

Y=9,x=9= 3

X=1,1,3,3
===========

5)2x7 +5=0

Answer=Let =y,thenequation

2y 74+5=0

y=b

7 = or

y=4,or

y=1,x=1 =1

y= =x= = =

x=1,

===========

6) Solvex 33x 32 0

Ans:Lety=x , Thenequation

=y 33y 32 0

Usequadraticformula

Y=32,1
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Y=32thenx =32

=2 =32

x=2

y=1thenx =1

=1 =1,x=1

X=2,1
======
7) Solvex+y=10

xy=24
Ans:changetoequationintheformofquadratic
x+y=10
x=10y
Substitutethevalueinsecondequation
xy=24
(10y)y=24
=10y =24
10 24 0
Usequadraticformula

y


10


10

10 =6,4

wheny=6,x=4
y=4,x=6

8)Simultaneousequationsoftwounknownswhenoneofthemisquadraticandtheotheris
linear
1) x+y=7
x y 25
Answer
x+y=7
y=7x
Substistuethevalueofyyinthesecondequation,then
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x + 7 =25

Weknow =a 2ab+b

x 7 2x7xx+x =25

x +4914x+x =25

x +x 14x+4925

2x 14x+24=0
Usequadraticformula

y =


14



14 =14 =4,3

Wheny=4,x=3
Y=3,x=4
=========

2)Solvex+y=5

2 y 10x2xy28=0

Ans:y=5x

Substitutethevalueofyisequation(2)

2 5 x 10x2x(5x)
+28=0
=3 10x+3=0
Usequadraticformula

X=3or

Whenx=3,y=2

Whenx= ,y=


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MODULEIII

PROGRESSIONS
ArithmeticProgression

A series is said to be in Arithmetic Progression, it its terms continuously increase or


decrease byaconstant number.Itisaseries,inwhicheach termisobtainedbyadding or
deductingaconstantnumbertotheprecedingterm.Theconstantnumberiscalledcommon
differenceoftheprogressionandisdenotedbyd.Itisthedifferencebetweenthetwoterm
oftheseriesi.e.,thedifferencebetweensecondtermandfirsttermorthirdtermandsecond
termandsoon.

The first term of an A.P. is usually denoted by a. One general form of an A.P is
a,a+d,a+2d,a+3d,

Forexample

(i)Thesequence1,3,5,7,......isanA.Pwhosefirsttermis1andd=2

(ii)Thesequence5,2,1,4,7,....,whosea=5,d=3

GeneraltermofanAPornthterm

LerabethefirsttermanddbethecommondifferenceofanA.P,thenandenotesthe
nthtermoftheA.P.

an=a+(n1)d

n=numberofterminaseries.

PracticalProblems
1)Findthe12thtermofanA.P6,2,2
Ans: an=a+(n1)d
a=6,n=12,d=4
=6+(121)4
=6+(11)4
=6+44=38
12thtermis38

2)Findthe8thtermoftheseries6,5,5,4,.....
Ans: a=6, d=,n=8
an=a+(n1)d

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=6+(81)
=6+(7)
6 3.5 2.5

3 WhichtermoftheA.P21,18,15,......81?
Ans: a 21, d 3, an 81 n ?
an=a+(n1)d
81=21+(n1)3
81=21+3n+3
81=243n
8124=3n
3n=105
n=105/3=35
Thereforethe35thtermofthegivenA.P=81

[[

4)WhichtermoftheA.P21,18,15,.....0?
Ans: a=21, d=3, an=0, n=?
an=a+(n1)d
0=21+(n1)3
0=21+3n+3
0=243n
3n=24, n=8
Therefore,the8thterm=0

5)Ifthe9thtermofanA.Pis99and99thtermis9.Fine108thterm?
Ans: an=a+(n1)d
n=9, an=99
=a+(91)d=99
=a+8d=99(1)
n=99, an=9
=a+(991)d=9
=a+98d=9(2)
Solvetheequations

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a+8d=99(1)
a+98d=9(2)
Then(1)(2)90d=90
d=90/90=1
Substitutethevalueofd
a+8d=99
a+8 1=99
a+8=99
a=99+8=107
108thterm=a+(n1)d
=107+(1081)1
=107+(107)1
=107107=0
108thterm=0

6)DeterminetheA.Pwhose3rdtermis5andthe6thtermis8
[[[[

Ans: a+2d=5(1)
a+5d=8(2)

Then(1)(2)=3d=3

d= =1

A.P=3,4,5,6,7,8.

7)Findmanytwodigitnumbersaredivisibleby3?
Ans: Numbers=12,15,18,99
a=12, d=3, an=99
an=a+(n1)d
99=12+(n1)3
99=12+3n3
99=123+3n
99=9+3n
3n=999, 3n=90

n= =30
Twodigitnumbersaredivisibleby3=30number

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8) Determine the 25th term of the A.P, whose 9th term is 6 and the common
differenceis5/4.

Ans: d=5/4, a9=6


a9=a+(n1)d

6=a+8

6=a+10
a=106=16
a25=a+(n1)d

=16+(251)

=16+24
=16+30=14
25thterm=14

SumofntermsofanA.P

Let Sn denotes the sum of n terms of an A.P, whose first term is a and common
differenceisd.

Sn

2a=a+aor2 a

PracticalProblems

(1)Findthesumofthefirst20termsof1+4+7+10.......
Ans: Sn 2 2 1

n 20, a=1, d=3

Sn= (2 1+(201)3

=10(2+19 3)
=10(2+57), 10 59=590
Sumofthefirst20terms=590

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2)Findthesumoftheseries5,3,1,1,......23
Ans: a=5, d=2, n=?, an=23
Sn 2 2 1

Weknow,an=a+(n1)d
23=5+(n1)2
23=5+2n+2
23=5+22n
23=72n
2n=237

2n=30, n= =15

Sn= (2 5+(151)2)

= (10+14 2)

= (10+28)

= 18 15 9 135

Sumoftheseries 135

3) How many terms of the sequence 54, 51, 48, be taken so that their sum is 513.
Explainthedoubleanswer.

Ans: Sn=513, a=54, d=3


Sn 2 2 1

513 (2 54+(n1)3)

513 (1083n+3)

513 (1113n)

=1026=n(1113n)
=1026=111n3n2
=3n2111n=1026
=3n2111n+1026=0
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=n237n+342=0
Solvebyusingquadraticformula


i.e., n=
a=1, b=37, c=342


n=


=


= =

= or

=19or18
N=18or19

4)Findthesumofallnaturalnumbersbetween500and1000whicharedivisibleby13.

Ans: Numberbetween500and1000whicharedivisibleby13
507,520,533,....988
a=507, d=13, an=988
an=a+(n1)d
988=507+(n1)13
988=507+13n13
988=50713+13n
988=494+13n
13n=988494=494
13n=494

n= =38
Sn 2 2 1
19 1014 37 13
19 1014 481
191495 28405

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5)Findthesumofallnaturalnumbersfrom1to200excludingthosedivisibleby5

Ans: Naturalnumberfrom1to200=1,2,3,4,.200

Divisibleby5=5,10,15,20.....200

Naturalnumbersfrom1to200,excludingdivisibleby5=

(1,2,3,4....200)(5,10,15.....200)

Sumof(1,2,3,4,.....200)=

Sn 2 2 1

2 1 200 1 1

=100(2+199)

=100 201=20,100

Sumof(5,10,15,20,......200)

= (2 5+(401)5)

=20(10+39 5)

=20(10+195)

=20 205=4100

Sumbynaturalnumbersfrom1to200excludingdivisibleby5=201004100

=16000

6) The sum of the first 3 terms of an A.P is 30 and the sum of first 7 terms is 140. Find
thesumofthefirst10terms.
Ans: S3=30, s7=30,
Sn 2 2 1

2a 3 1 d 30

2a 2d 30

=2a+2d=20
=a+d=10(1)
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= 2a 6d =140

=2a+6d=140 ,=2a+6d=40
a+3d=20(2)
Solvingtheequation(1)and(2)d=5

Thena=5

S10= 2 5 9 5 275

7)FindthreenumbersinA.Pwhosesumis9andtheproductis165.

Ans: Letthenumbersbead,a,a+d

(ad)+a+(a+d)=9

3a=9, a=3

(ad) a (a+d)=165

=(3d) 3 (3+d)=165

=9d2=
=9d2=55
=d2=559=64
=d2=64, d=8
a=3, d=8
Numbers=(ad),a,(a+d)
=5,3,11

8)FindfournumbersofA.Pwhosesumis20andthesumofwhosesquareis120
Ans: Letnumbersbe(a3d),(ad)(a+d)(a+3d)
Given (a3d)+(ad)+(a+d)+(a+3d)=20

4a=20, a= =5

(a3d)2 (ad)2 (a+d)2 (a+3d)2=120


=(53d)2 (5d)2 (5+d)2 (5+3d)2=120
Weknow(ab)2=a22ab+b2

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=2530d+9d2+2510d+d2+25+10d+d2+25+30d+9d2=120
=100+20d2=120
20d2=120=100
20d2=20, d2=20/20=1, d=1
a=5, d=1
Numbersare=(a3d),(ad),(a+d),(a+3d)
=(53).(51),(5+1),(5+3)
` =2,4,6,8

[[
9) A manufacturing of radio sets produced 600 units in the third year and 700 units in
the seventh year. Assuming that the production uniformly increases by a fixed
numbereveryyear.Find

(1)Oneproductioninthefirstyear

(2)Theproductioninthe10thyear.

(3)Thetotalproductionin7year.

Ans: Sincetheproductionincreasesuniformlybyafixednumberineveryyear,itform an
A.P.
Leta3=600, a7=700
an=a+(n1)d
600=a+(31)d
600=a+2d(1)
700=a+6d(2)

a+2d=600.(1)
a+6d=700.(2)
4d=100

d= =25
(1) Productioninthefirstyear
a+2d=600
a+50=600
a=550

(2) Productioninthe10thyear
i.e.,an=a+(n1)d
=550+(101)25
=550+9 25
=550+225=775

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(3)Totalproductionin7thyear

Sn 2 2 1

2 550 7 1 25

1100 6 25

1100 150

1250

7 625 4375units

10 The rate of monthly salary of a person is increased annually in A.P. It is known that
he was drawing as 400 a month during the 11th year of his service and as 760 during
the29thyear.Find
1 Startingsalary
2 Annualincrement
3 Salaryafter36years.

Ans: a11 400


a29 760
a 10d 400
a 28d 760
18d 360

d 20

a 10d 400
a 10 20 400
a 200 400
a 400200 200
a36 200 35d
200 35 20
200 700 900
1 Startingsalary 200
2 AnnualIncrement 20
3 Salaryafter36years 900

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ArithmeticMean A.M

Giventwonumbersaandb,wecaninsertanumberAbetweenthem,sothata,A,bis
anA.P.SuchanumberAiscalledtheArithmeticMeanofthenumberaandb.

Wecaninsertasmanynumbersaswelikebetweenthem.LetA,A2,A3.....Anben
numbersbetweenaandb,

Then

A1 a d

A2 a 2d

A3 a 3d

An a nd

Example

1 FindA.Mbetween2andb

Ans: A.Mbetween2and6 4

ThenA.P. 2,4,6

2 Insert4Arithmeticmeansbetween5and20
a 5, n 6, an 20, d ?
an=a+(n1)d
20=5+(61)d
20=5+5d
20=5+5d
5d=205=15
d=15/5=3

A1 a di.e.,5 3 8

A2 a 2di.e.,5 6 11

A3 a 3di.e.,5 9 14

A4 a 4di.e.,5 12 17

Arithmeticmeansare8,11,14,17

A.P. 5,8,11,14,17,20

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3)Insertsixnumbersbetween3and24suchthattheresultingsequenceisanA.P.

Ans: a=3, n=8, an=24, d=?


an=a+(n1)d
24=3+7d
7d=21, d=3
A1 3 3 6
A2 3 6 9
A3 3 9 12
A4 3 12 15
A5 3 15 18
A6 3 18 21
A.M. 6,9,12,15,18,21
A.P. 3,6,9,12,15,18,21,24

GeometricProgression

AseriesissaidtobeinG.Pifeverytermofitisobtainedbymultiplyingtheprevious
termbyaconstantnumber.Thisconstantnumberiscalledcommonratio,denotedbyr.r=

orthirdtermbysecondtermetc.

The first term of a G.P is usually denoted by a. The general form of a G.P is usually
denotedbya.ThegeneralformofaG.Pisa,ar,ar2,ar3..IfthenumberoftermsofaG.Pis
finite,itiscalledafiniteG.P,otherwiseitiscalledaninfiniteG.P.Forexample.

(i) 1,,, 1 8isaG.P,whosefirsttermis1andr =


(ii) 3,6,12,24isaG.Pwhosea=3,r=2

GeneraltermofaG.PornthtermofaG.P

LetabethefirsttermandrbethecommonratioofaG.P,then

an=arn1
1 Find10thtermofseries9,6,4

Ans: a 9, r , n 10

an=arn1 9 2
3
9 2 2
3 9 3

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2 Findthe12thtermof2,6,18,54
a 2, r 6/2 3, n 12
an=arn1 2 3
2 3 2 177147 3,54,294

3 WhichtermoftheG.P2,8,32.Uptontermsis131072?
a 2, r 4, an 1,31,072
an=arn1
1,31,072 2 4
, ,
4 65536

4 65536
i.e.,48 65536
i.e.n1 8
n 8 1 9

Hence1,31,072isthe9thtermoftheG.P.

4 InaG.Pthethirdtermis24and6thtermis192.Findthe10thterm.
Ans: a3 24, a6 192
an=arn1
a3 ar2 24
a6 ar5 192
i.e.,ar2 24 1
ar2 192 2

Divide 2 by 1 ,



r3 8i.e.,23
r 2
Substitutingr 2in 1
ar2 24, a 22 24
a 4 24, a 24/4 6
a10 arn1 6 2 9 3072

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SumofntermsofaG.P

LetabethefirsttermandrbethecommonratioandSnthesumofthentermsof
G.P.

ThenSn or

Whenrislessthan1,wecanapplyfirstformula.

1 Findthesumoftheseries.

1024 512 256to15terms

Asn: a 1024, n 15, r

Sn

1024

2048

2 Findthesumof1 3 9 27.......to10terms.
a 1, r 3, n 10


Sn=

= = =29524

3)HowmanytermsoftheG.P3,3/2,3/4,..areneededtogivethesum

Ans: a=3, r=, Sn=

Sn

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= 3 1

6 1

1

1

1
2n 1024
210 1024, n 10
4 FindthreenumbersinG.Pwhosesumis14andproductis64

Ans: Letthenumbers a/r,a,ar

a ar 14

a ar 64

a3 64
43 64
a=4
Substitutingvalueofa

+a+ar=14

+4+4r=14

Multiplybyr
Then=4+4r+4 =14r
4 10r+4 =0
Usequadraticformula,forgettingthevalueofr
r=2cor

numbers= ,a,ar

r=2= ,4,4x2,r==8,4,2

=2,4,8

Botharethesame=2,4,8
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5)APersonhas2parents,4grandparents,8greatgrantparentsandsoon.Findthenumber
ofhisancestorsduringthetengenerationsprecedinghiswon.

a=2, r=2, n=10

=2 2 1 =2046

Numberofancestorsprecedingthepersonis2046.

GeometricMean

Onegeometricmeanoftwopositivenumbersaandbisthenumber .Therefore,
thegeometricmeanof2and8is4.Wecaninsertasmanynumbersaswelikebetweenaand
btomakethesequenceinaG.P.LetG1,G2,G3,..Gnbennumberbetweenaandb,then
G1=ar, G2=ar2, G3=ar3, Gn=arn

1) InsertthreeG.M.between1and256

Ans. a=1, an=256, n=5, r=?

an=

256=1

256=

256=

256=r4

256=44, r=4

G.M.arear,ar2,ar3

1 4,1 42,1 43=4,16,64

G.P=1,4,16,64,256

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2)FindtheG.Mbetween4is16

Ans: G.M=4 16=64=8

3)Insert5geometricmeansbetween2and1458
Ans: a=2, n=7, an=1458
an=
1458=2
1458=2r6
2r6=1458

r6= ,r6=729

r6=36
r=3
G.M. =ar,ar2,ar3,ar4,ar5
=2 3,2 32,2 33,2 34,2 35
=6,18,54,162,486,486
G.P. =2,6,18,54,162,486,1458

4)IftheA.M.betweentwopositivenumbersis34andtheirG.M.is16.Findthenumbers?

Ans: Letthenumbersaandb

A.M. = =34
G.M = =16
a+b=68
a b=256
b=68a
ab=256
a(68a)=256
a268a=256
a268a256=0
Usingquadraticformula
a=4or64

Whena=4,b=64

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Whena=64,b=4

Requirednumbersare64and4

5)FindthethreenumbersinG.Pwhosesumis26andproductis216.

Ans:LetthenumberisG.Pbe

a/r,a,ar

a/r,a/ar=216

i.e.a3=216, 63=216

a=6

a/r+a+ar=6/r+6+6r=26

=6/r+6r=266

=6/r+6r=20

Multiplybyr

=6+62=20r

=6220r+6

=6220r+6=0

Solvingbyusingquadraticformula

Thenr=1/3or3

Requirednumbersa/r,a,ar

r=3

6/3,6,6 3=2,6,18

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MATHEMATICSOFFINANCE
Simpleinterest
Itistheinterestcalculatedonprincipalamountatthefixedrate.

SimpleInterest=

WhereP=Principalamount, n=numberofyear,
r=rateofinterestperannum

Amountattheendofnthyear= P+ or

P(1+ )

orprincipalamount+interest

1)WhatisthesimpleinterestforRs.10,000attherateof15%perannumfor2years?
Ans: P=10,000,n=2years, r=15
,
Interest= =

=Rs.3,000

2)Findthetotalinterestandamountoftheendof5thyearforas10,000at10%perannum,
simpleinterest.

Ans: P=10,000, n=5years, r=10%


,
Interest= =

=Rs.5,000

Amountattheend

5thyear=P(1+ )


=10,000 1

=10,000 1

=10,000

=10,000 1.5 =15,000


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3)FindthesimpleinterestandamountforRs.25,000at10%p.afor26weeks.

Ans: P=25,000 n=26/52, r=10%


26
,
Interest= = 52

,
=

,
= =1250

Amountattheend =P(1+ )

26
10
=25000 1 52
100

=25000 1

=25000

=25000 1.05=26250

4)FindthesimpleinterestandamountforRs.50,000at7.5%p.afor4months.

Ans: P=50,000, n=4/12, r=7.5%


4
, .
SimpleInterest=
12

, 1/3 .
=
, .
= =1250
4
7.5
Amount =5000 1 12
100

.
=5000 1

.
=5000

=5000 1.025=51250

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5)Findthenumberofyearsinwhichasumofmoneywilldoubleitselfat25%p.a,simple
interest.

Ans: P=p, Amount=2P, r=25, n=?

Amount =P(1+ )

2P=P(1+ )

i.e.,2=(1+
100
)

=21=

=1=

nr=100
r=25, n=4
numberofyears=4

6)Atwhatratewouldasumofmoneydoublein20years?

Ans: P=p, A=2p,n=20,r=?

Amount =P(1+ )

2P=P(1+ )

i.e.,2=1+
100

=21=

=1=

=nr=100
n=20,thenr=5
Rateofinterest=5%perannum.

7)FindthenumberofyearsanamountofRs.8000willtaketobecomeRs.12000at6%p.a.
Simpleinterest.

Ans: P=8000, A=12000, r=6, n=?

Totalinterest120008000=2000

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Interest=

4000=
4000 100=8000 6 n
400000=48000n
48000n=4,00,000

n= =8.33years

8)FindtherateofinterestatwhichanamountofRs.12000willbecomeRs.15000attheend
of10thyear.

Ans: A=15000, P=12000, n=1, r=?

Totalinterest1500012000=3000

Interest=

3000=
3000 100=12000 10 r

300000=120000r

r= =2.5
Rateofinterest=2.5%

9)AcertainsumamountstoRs.678in2yearsandtoRs.736.50in35yearsfindtherateof
interestandprincipalamount.

Ans: Amountfor2years=678

35years=736.50

Amount =P(1+ )

678=P(1+ ) (1)

.
736.50=P(1+ )(2)

Divide(1)by(2)

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1
=
.
= .
1

100 2r
=
.
=
100 3.5r

=678(100+3.5r)=736.50(100+2r)

=67800+2373r=73650+1473r

=2373r1473r=7365067800

=900r=5850

=r=5850/900=6.5

Substitutingthevalueofr

P(1+ )=678

.
P(1+ )=678

P(1+ )=678

P( )=678

P(1.13)=678

P=678/1.13=600

Rateofinterest=6.5%

Principalamountatthebegining=600

10)ApersonlendsRs.1500,apartofitat5%p.a.andtheotherpartat9%p.a.Ifhereceives
atotalamountofinterestofRs.162attheendof2years.Findtheamountlentatdifferent
rateofinterest.

Ans: LetxisthePrincipalof1stpart

Thenprincipalof2ndpart=1500x

Totalinterest=162

Interest=

Totalinterest=interestof1stpartandinterestof2ndpart

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162= +

= + =162

= =162
10x+(2700018x)=162 100

10x18x=1620027000

8x=10800

8x=10800

x=10800/8=1350

Principalamountof1stpart=1350

Principalamountof2ndpart=150

CompoundInterest

Compoundinterestmeansinterestcalculatedonprincipalamountplusinterest.Letp
betheprincipalrbetherateofinterest(compound)p.a.,nbethenumberofyearsthen

Amount=P 1

Totalinterest=AP

1)FindCIonRs.25200for2yearsat10%p.acompoundedannually?

Ans: P=25200, r=10,n=2

A=P 1

=25200 1

=25200

=25200 (1.10)2

=25200 1.21=30492
C1=3049225200

=5292
======

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2)FindtheCompoundInterestRs.10,000/for2yearsat10%p.a..

Ans: P=10,000 n=2 r=10

n
Amountfor2years=p 1

2
=10,000 1

2
=10,000

2
=10,000x(1.1)

=10,000x1.21
=12,100/
Interestfor2years=2100

Interestfor6months=12100x x

=605

Totalinterestfor2years=2100+605

=2,705/
=======

3) X borrowed Rs.26,400/ from a bank to buy a scooter at the rate of 15% p.a.
compounded yearly. What amount will be pay at the end of 2 years and 4 months to
cleartheloan.

Ans: p=26,400/ r=15

n=2years4months(21 3 )

n
Amountattheendof2years =p 1

2
=26400 1

2
=26400

2
=26400 1.15

=34,914
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Interestfor4months =34914x x

=1745.7
Totalamountattheendof2yearsand4months
ie34914+1745.7 =36659.7
==========
4) Mr. A borrowed Rs.20,000/ from a person, but he could not repay any amount in a
period of 4 years. So the lender demanded as 26500 which is the rate of interest
charged.

Ans: Hereinterestchargedoncompound

P=20,000 n=4 A=26500 r=?

n
A=p 1

4
26500=20000 1

4
= 1

4
1.325= 1

log1.325=4log 1

0.1222=4log 1

.
log 1 =

log 1 =0.03055

Antilog0.03055=1.073

1 =1.073

=1.0731

=0.073

r=100x0.073=7.3%
=======
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5) The population of a country increases every year by 2.4% of the population at the
beginning of first year. In what time will be population double itself? Answer to
thenearestyear?
Ans: p=p A=2pr=2.4 n=?
n
A=p 1

. n
2p=p 1

. n
2p=p

n
2p= 1.024
n
p= 1.024
log2=nlog1.024
0.3010=nx0.0103
.
n= =29.22=30
.
===
6) The population of a city increases every year by 1.8% of the population at the
beginning of that year, in how many years will the total increase of population be
30%?

Ans: p=p A=1.3p r=1.8 n=?

n
A=p 1

. n
1.3p=p 1

. n
1.3p=p

n
1.3p= 1.018
n
1.3= 1.018
log1.3=nlog1.018
0.1139=nx0.0076
.
n= =14.987
.

=15
=====

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7) In a certain population, the annual birth and death rates per thousand are 39.4 and
19.4 respectively. Find the number of years in which population will be doubled
assumingthatthereisnoemigrationorimmigration?

Ans: p=p A=2p


. .
r= x100=2%

r=2 n=?
n
A=p 1
n
2p=p 1
n
2= 1
n
2= 1.02
log2=nlog1.02
0.3010=nx0.0086
.
n= =35years
.
==========

COMPOUNDINGHALFYEARLYORQUARTERLY

Wheninterestiscompoundedhalfyearly,thenr= 2,n=2n.
Wheninterestiscompoundedquarterly,thenr= 4,n=4n.
Wheninterestiscompoundedmonthly,thenr= 12,n=12n.
1) Find the compound interest on Rs.50,000/ for 2 years at 6% p.a. interest being
compoundedhalfyearly.

Ans: p=50,000 n=2x2=5

r=6 2=3

5
Amount=50,000 1

5
=50,000

=50,000(1.03)5 =57964

C1=7964
========

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2) Find the compound interest on Rs.60,000/ for 4 years, if interest is payable half
yearly for due first 3 years at the rate of 8% p.a. and for the fourth year, the interest is
beingpayablequarterlyattherateof6%p.a.

Ans: Amountatinendof3years
n=3x2=6, r= =4
p=6,000
6
=6,000 1
6
=6,000

=6,000(1.04)6
=6,000x1.2653
=7592
========
Forlastyear
n=1x4=4,r= =1.5,p=7,592
Amountattheendof4thyear
. 4
=7592 1

=7592(1.015)4
=7592x1.0613=8057
Interest=80576000=2057
========
3)Findtheeffectiverateofinterestifinterestiscalculatedat10%p.a.halfyearly?
Ans: Letp=100,n=1x2=2, r= =5
n
A=p 1
2
=100 1
2
=100
=100x1.1025=110.25
C1=110.25100=10.25
Effectiverate=10.25%p.a.
============

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MODULEIV
MEANINGANDDEFINITIONSOFSTATISTICS

ThewordstatisticsisderivedfromtheLatinwordStatusorItalianwordStatistaor
GermanwordStatistikwhichmeansaPoliticalState.Itistermedaspoliticalstate,sincein
early years, statics indicates a collection of facts about the people in the state for
administrationorpoliticalpurpose.

Statisticshasbeendefinedeitherasasingularnonorasapluralnoun.

Definition of Statistics as Plural noun or as numerical facts: According to Horace


Secrist,Statisticsareaggregatesoffactsaffectedtoamarkedextentbymultiplicityofcauses
numerically expressed, enumerated or estimated according to a reasonable standard of
accuracy, collected in a systematic manner for a predetermined purpose and placed in
relationtoeachother.

Definition of Statistics as a singular noun or as a method: According to Seliman,


Statisticsisthesciencewhichdealswiththemethodsofcollectingclassifying,comparingand
interpretingnumericaldatacollected,toknowsomelightonanysphereofenquiry.

CharacteristicsofStatistics

(1) Statisticsshowbeaggregatesoffacts
(2) Theyshouldbeaffectedtoamarkedextentbymultiplicityofcauses.
(3) Theymustbenumericallyexpressed.
(4) They should be enumerated or estimated according to a reasonable standard of
accuracy.
(5) Theyshouldbecollectedinasystematicmanner.
(6) Theyshouldbecollectedforapredeterminedpurpose.
(7) Theyshouldbeplacedinrelationtoeachother.

FunctionofStatistics

Thefollowingaretheimportantfunctionsofstatistics:

1. It simplifies complexity: Statistical methods make facts and figures easily


understandableform.ForthispurposeGraphsandDiagrams,classification,averages
etcareused.
2. It presents facts in a proper form: Statistics presents facts in a precise and definite
form.
3. Itfacilitatesforcomparison:Whendatearepresentedinasimplifiedform,itiseasy
tocomparedate.

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4. It facilitates for formulating policies: Statistics helps for formulating policies for the
companies,individuals,Govt.etc.itispossibleonlywiththehelpofdatepresentedin
asuitableform.
5. Ittestshypothesis:Hypothesisisanimportantconceptinresearchstudies.Statistics
provides various methods for testing the hypothesis. The important tests are Chi
square,Ztest,TtestandFtest.
6. It helps prediction or forecasting: Statistical methods provide helpful means of
forecastingfutureevents.
7. Itenlargesindividualsknowledge:Whendataarepresentedinaformofcomparison,
theindividualstrytofindoutthereasonsforthevariationsoftwoormorefigures.It
therebyhelpstoenlargetheindividualsknowledge.
8. Itmeasuresthetrendbehavior:Statisticshelpsforpredictingthefuturewiththehelp
of present and past data. Hence plans, programs, and policies are formulated in
advancewiththehelpofstatisticaltechniques.

ScopeofStatisticsorimportanceorutilityofstatistics.

TheScopeofStatisticsinvariousfieldare:

(1) StatisticsinBusiness:Statisticsismostcommonlyusedinbusiness.Ithelpstotake
decisionmakingofthebusiness.Thestatisticaldataregardingthedemandandsupply
of product can be collected and analyzed to take decisions. The company can also
calculatethecostofproductionandthenthesellingprice.Theexistingfirmscanalso
make a comparative study about their performance with the performance of others
throughstatisticalanalysis.

(2) StatisticsinManagement:Mostofthemanagerialdecisionsaretakenwiththehelpof
statistics.Theimportantmanagerialactivitieslikeplanning,directingandcontrolling
are properly executed with the help of statistical data and statistical analysis.
Statisticaltechniquescanalsobeusedforthepaymentofwagestotheemployeesof
theorganization.

(3) Statistics in economics: Statistical data and methods of statistical analysis render
valuable assistance in the proper understanding of the economic problems and the
formulationofeconomicpolicy.

(4) Statisticsinbankingandfinance:Bankingandfinancialactivitiesusestatisticsmost
commonly.

(5) Statistics in Administration: The govt. frames polices on the basis of statistical
information.

(6) Statisticsinresearch:Researchworkareundertakenwiththehelpofstatistics.

Limitationofstatistics

(1) Statisticsstudiesonlynumericaldata
(2) Statisticsdoesnotstudyindividualcases.

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(3) Statisticalresultaretrueonlyanaverage.
(4) Statisticsdoesnotrevealtheentirestoryoftheproblem.
(5) Statisticsinonlyoneofthemethodsofstudyaproblem.
(6) Statisticscanbemisused.

StatisticalEnquiresorInvestigation
StatisticalInvestigationisconcernedwithinvestigationofsomeproblemwiththehelp
of statistical methods. It implies search for knowledge about some problems through
statisticaldevice.
Differentstagesinstatisticalenquiryare:
(1) Planningtheenquiry
(2) Collectionofdata.
(3) Organizationofdata.
(4) Presentationofdata.
(5) Analysisofdata.
(6) Interpretationofdata.
(1) Planning the enquiry: The first step in statistical investigation is planning. The
investigator should determine the objective and scope of the investigation. He should
decideinadvanceaboutthetypeofenquirytobeconducted,sourceofinformationand
theunitofmeasurement.
Object and scope: The objective of the Statistical enquiry must be clearly defined.
Oncetheobjectiveofenquiryhasbeendetermined,thenextstepistodecidethescope
ofenquiry.Itreferstothecoverageoftheenquiry.
Sourceofinformation:Afterthepurposeandscopehavebeendefined,thenextstep
is to decide about the sources of data. The sources of information may be either
primaryorsecondary.
Types of enquiry: Selection of type of enquiry depends on a number of factors like
objectandscopeofenquiries,availabilityoftime,moneyandfacilities.Enquiriesmay
be (1) census or sample (2) original or repetitive (3) direct or indirect (4) open or
confidential(5)Generalorspecialpurpose.
Statisticalunit:Theunitofmeasurementswhichareapplied inthecollecteddatais
calledstatisticalunit.Forexampleton,gram,meter,houretc.
Degreeofaccuracy:Theinvestigatorhastodecideaboutthedegreeofaccuracythat
hewantstoattain.Degreeofaccuracydesiredprimarilydependsupontheobjectof
anenquiry.
Cost of plan: An estimate of the cost of the enquiry must be prepaid before the
commencementofenquiry.
(2) Collectionof data: Collection ofdataimpliesaccountingandsystematic recodingofthe
informationgatheredinastatisticalinvestigation.Dependingonthesource,thecollected

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statistical data are classified under two categories namely primary data and secondary
data.
(3) Organization of data: Organization of data implies thearrangement andpresentation of
data in such a way that it becomes easy and convenient to use them. Classification and
tabulationarethetwostagesoforganizingdata.
(4) Presentationofdata:Theyarenumerouswaysinwhichstatisticaldatamaybedisplayed.
Graphsanddiagramsareusedforpresentingthestatisticaldata.
(5) Analysis data: Analysis of data means critical examination of the data for studying
characteristics of the object under studyandfor determining thepattern of relationship
amongthevariables.
(6) Interpretationofdata:Interpretationreferstothetechniqueofdrawinginferencefrom
thecollectedfactsandexplainingthesignificance.
Classificationaccordingtovariables
Data are classified on the basis of quantitative characteristics such as age, height,
weightetc.
GeographicalClassification:Classifiedaccordingtogeographicaldifferences.
ChronologicalClassification:Classifiedaccordingtoperiodwise.

FrequencyDistribution
Afrequencydistributionisanorderlyarrangementofdataclassifiedaccordingtothe
magnitudeofobservations.Whendataaregroupedintoclassesofappropriatesizeindicating
thenumberofobservationsineachclasswegetafrequencydistribution.

ComponentsoffrequencyDistribution
(1) Classandclassinterval
(2) Classlimits

Methodsofclassification
(1) Classificationaccordingtoattributes.
(2) Classificationaccordingtovariables.

Classificationaccordingtoattributes
Under this methods the data are classified on the basis of attributes. For example
literacy,unemploymentetc.areattributes.
Followingaretheclassificationunderthismethod.
1. Simpleclassification
2. Manifoldclassification
Insimpleclassificationthedataaredividedonthebasisofonlyoneattributes.
Inmanifoldclassificationthedataareclassifiedonthebasismorethanoneattributes.
Forexamplepopulationisdividedonthebasisofsexandliteracy.

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3. Classmark
4. Classboundaries
5. Magnitudeofclassinterval
6. Classfrequency.
Tabulation
Tabulationisanorderlyarrangementofdatainrowsandcolumns.Itisamomentof
presentationofdata.
Objectives
1. Tosimplifycomplexdata
2. Tofacilitatecomparison
3. Tofacilitatestatisticalanalysis
4. Tosavetime
5. Toeconomiesspace
Partofatable
1. Tablenumber
2. Titleofthetable
3. Captioni.e.columnheadings
4. Subi.e.rowheading
5. Body
6. Headnote
7. Footnote
8. Sourcedata.
Collectionofdata
Onthebasisofsource,datacanbecollectedfromprimaryandsecondarysource.
Primarydata
Primary data are those collected by the investigator himself. May are original in
character.Mayaretruthfulandsuitforthepurpose.Butthecollectionisveryexpensiveand
timeconsuming.
Methodsofcollectionofprimarydata
1. Directpersonalinterview:Inthismethodinvestigatorcollectionthedatapersonally.
Hewastomeetthepeopleforcollectingthedata.Thismethodissuitable:
a) Whentheareaofinvestigationislimited
b) Whenhigherdegreeofaccuracyisleaded.
c) Whentheresultsofinvestigationtobekeptconfidential.

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2. Indirect oral investigation: Under this method, information are collected from third
partieswhoareistouchwiththefactsunderenquiry.
3. SchedulesandQuestionnairesmethods:Underthismethod,alistofquestionscalled
questionnaire is prepared and information are called from various sources. It is a
printedlistofquestionstobefilledbytheinformations.Butscheduleisfilledbythe
enumerator.
Essentialsofagoodquestionnaire
(1) Thepersonconductingthesurveymuchintroducehimself.
(2) Thenumberofquestionsshouldbekepttotheminimum.
(3) Thequestionshouldbeasshortaspossibleandsimple.
(4) Thequestionsmustbearrangedinlogicalorder.
(5) Thequestionsshouldbeclear.
(6) Personalquestionsshouldbeavoided.
(7) Questionsshouldbeinthenatureofyesornotype.
(8) Questionsmustbeofconvenientsizeandeasytohandle.
(9) Questionsshouldbeattractive.
(10)Instructionsshouldbegivenforfilinguptheform.
Specimenofquestionnaire.
Secondarydata
Secondary data are those data which are collected by someone for this purpose.
Secondarydataareusuallyintheshapeoffinishedproduct.Thecollectionofsecondarydata
islessexpensiveandlesstimeconsuming.Secondarydataarecollectedfrompublishedand
unpublishedsources.
Precautionstobetakenbeforeusingsecondarydata
(1) Suitability
(2) Adequacy
(3) Reliability
DifferencebetweenPrimaryandSecondarydata
1. Primary data are original character. But secondary data are not original, they are
collectedbysomebodyelse.
2. Primarydataareintheshapeofrawmaterial.Butsecondarydataareintheshapeof
finishedproduct.
3. Collectionofprimarydataisexpanseandtimeconsuming.Butcollectionofsecondary
dataislessexpensiveandlesstimeconsuming.
4. Primary data will be usually adequate and suitable. But secondarydata need not be
adequateandsuitableforthepurpose.

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Sampling
Sampling is the process obtaining information about an entire population by
examiningonlyapartofit.Itistheexaminationoftheregenerativeitemsandconclusionof
drawforallitemscominginthatgroup.
Methodsofsamplingortechniquesofsampling
1. Probabilitysamplingorrandomsampling
2. Nonprobabilitysampling
Probabilitysampling
Underthismethod,eachitemshasanequalchanceforbeingselected.
Followingaretherandomsampling.
(1)Simplerandomsampling
Asimplerandomsampleisasampleselectedfromapopulationinsuchawaythat
everyitemofthepopulationhasanequalchanceofbeingselected.Theselectiondependson
chance.Eg.Lotterymethods.

(2)Systematicsampling

This method is popularly used in those cases where complete list of the population
fromwhichsampleistobedrawnisavailable.Underthismethodtheitemsinthepopulation
are included in intervals of magnitude K. From every interval select an item by simple
randomsamplemethod.

(3)Clustersampling

Clustersamplingconsistsinformingsuitableclustersofunits.Alltheunitsisthe
sampleofclustersselectedaresurveyed.

(4)Quotasampling

Inthismethodeachinvestigatorengagedinthecollectionofdataisassignedaquota
forinvestigation.

(5)Multistagesampling

This is a sampling procedure carried but in several stages. In multistage sampling,


firstlyunitsselectedbysuitablemethodsofsampling.Fromamongtheselectedunits,sample
is drawn by some suitable methods. Further stages are added to arrive at a sample of the
desiredunits.

Nonprobabilitysampling

1. Judgmentsampling: Under thissampling investigator exercise this discretion in the


materofselectingtheitemsthataretobeincludedinthesample.

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2. ConvenienceSampling:Conveniencesamplingisoneinwhichasampleisobtainedby
selectingsuchunitsoftheuniversewhichmaybeconvenientlylocated.

Organizationofdata

Organizing data mean, the arrangement and presentation of data. Classification and
tabulationarethetwostagesoforganizingdata.

Classification

The process of arranging data in groups or classes according to similarities called


classification.

Objectsofclassification

1. Tosimplifythecomplexityofdata.
2. Tobringoutthepointsofsimilarityofthevariousitems.
3. Tofacilitatecomparison.
4. Tobringoutrelationship.
5. Toprovidebasisfortabulation.
GraphsandDiagrams

Graphsanddiagramsisoneofthestatisticalmethodswhichsimplifiesthecomplexity
ofquantitativedataandmakethemeasilyunderstandable.

ImportanceofDiagrams&Graphs

1. Attractcommonpeople
2. Presentingquantitativefactsinsimple.
3. Theyhaveagreatmemorizingeffect.
4. Theyfacilitatecomparisonofdata.
5. Savetimeinunderstandingdata.
6. Factscanbeaunderstoodwithoutmathematicalcalculations.
Limitations
1. Theycanpresentonlyapproximatevalues.
2. Theycanrepresentonlylimitedamountofinformation.
3. Theycanbemisusedveryeasily.
4. Theyarenotcapableoffurthermathematicaltreatment.
5. Theyaregenerallyusefulforcomparisonpurposeonly.

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GeneralrulesforconstructingDiagrams
1. Title
2. Proportionbetweenwidthandheight.
3. Selectionofscale
4. Footnote
5. Index
6. Neatnessandcleanliness
7. Simplicity
8. Attractiveness
TypesofDiagrams
1. DimensionalDiagrams
2. Cartograms
3. Pictograms
DimensionalDiagrams
DimensionalDiagramsarethosediagramswhichshowinformationintermsoflength,
height,areaorvolume.Theyareonedimensionaltwodimensionalorthreedimensional.

OneDimensionalDiagram

Inonedimensionaldiagramtheheightwillrepresentthemagnitudeofobservations.
MustcommonlyusedonedimensionaldiagramsarelinediagramandBardiagram.
LineDiagram
Linediagramsareonedimensionaldiagrams.Theyaredrawntorepresentvaluesofa
variable.

Ex.Drawalinediagramtothefollowingdata.
Country: A B C D E
Population: 10 5 15 13 12
(inmillion)

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15



10
Population(inmillion)




5





ABCDE
Column

BarDiagrams
Inabardiagramonlythelengthisconsidered.Thewidthof thebarisnotgivenany
importance.
Followingaretheimportanttypesofbardiagrams.
(1) Simplebardiagram
Simplebardiagramrepresentsonlyonevariable.Forexampleheight,weight,etc.
Year: 2007 2008 2009 2010 2011 2012
Sales 45 55 65 70 50 60
In000)

80
70
70 65
60
60 55
50
50
45
40

30

20

10

0
2007 2008 2009 2010 2011 2012

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2)MultipleBarDiagram
Twoormoreinterrelateddataarerepresentedinamultiplebardiagram.Inorderto
identitythedata,thebarsshouldbedifferentiatedwithcolorsorshades.
Eg:Fromthefollowingdatadrawasuitablediagram.
Production(inunits)
Year
A B C
2008 45 55 65
2009 35 60 70
2010 50 70 80
2011 55 80 60


80
70

60

50

40

30

20

10
2

2008200920102011

3)SubDividedBarDiagram
In the subdivided bar diagram each bar is subdivided into two or more parts. Each
partmayexplaindifferentcharacters.
Eg:ThenumberofstudentsinCalicutUniversityareasfollows:Representthedateby
suitablediagram

Year Commerce Arts Science Total


200809 35000 10000 9000 54000
200910 45000 9000 90000 64000
201011 55000 7000 8000 69000
201112 70000 5000 7000 82000
201213 80000 4000 6000 90000

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90 Commerce

80 Arts

70 Science

60

50

40


30

20

10

200809200910201011201112201213

4)PercentageBarDiagrams
In percentage bar diagram the length of all the base are equal ie each bar represent
100percent.Thecomponentpartsareexpressedaspercentagetothewhole.

Eg:Prepareasubdividedbardiagramonthepercentagebasis.

Year DirectCost IndirectCost Profit Sales


Rs Rs Rs Rs
2009 35 15 10 60
2010 40 20 12 72
2011 32 22 8 62
2012 25 35 15 75

Answer

Year DirectCostin% IndirectCostin% Profitin% Sales


2009 58 25 17 100
2010 55 28 17 100
2011 52 35 13 100
2012 33 47 20 100

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100 DirectCost

90 IndirectCost

80 Profit

70

60

50


40

30

20

10

2009201020112012

TwoDimensionalDiagram
In two dimensional diagram the length as well as width have to be considered. The
mostcommonlyusedtwodimensionaldiagramsispiediagram,Rectangles,Squares,Circles
etcarealsotwodimensionaldiagrams.
PieDiagrams
Pie diagrams are used when the aggregate and their divisions are to be shown
together. The aggregate is shown by means of a circle and divisions by the sectors of the
circle.Forexample,thesellingpriceofaproductcanbedividedintovarioussegmentslike
factorycost,administrativecost,sellingcost andprofit. These segmentsareconverted into
percentageinordertorepresentinthepiediagram.
Inordertopreparethepiediagram,eachpercentageoutlaymustbemultipliedby3.6,
sincethepiediagramcontain360 scale.
Eg:Drawapiediagramfromthefollowingdata

PrimeCost 30%
FactoryoverHead 18%
Administrativeoverhead 28%
Selling&Distributionoverhead 14%
Profit 10%

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Ans:
PrimeCost 30 108
FactoryoverHead 18 65
Administrativeoverhead 28 101
Selling&Distributionoverhead 14 50
Profit 10 36
100 360

Profit10%
Selling&
DistributionPrimeCost30%
Overhead14%









Administrative
Overhead28%

FacoryOverhead18%

ThreeDimensionalDiagrams

Threedimensionaldiagramsarepreparedintheformofcubes,spheres,cylindersetc.
Inthesediagramswidth,lengthandbreadthareimportant.
Cartograms
Cartograms means the presentation of data in a geographical basis. It is otherwise
calledasstatisticalmaps.Thequantitiesonthemapmaybeshownthroughshades,dotsor
coloursetc.

Pictograms

Underthepictograms,dataarerepresentedintheformofaappropriatepicturesmost
suitedforthedata.

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GRAPHS

TypesofGraphs

(1) GraphsofFrequencyDistribution
(2) GraphsofTimeSeries

GraphsofFrequencyDistribution

Afrequencydistributioncanbepresentedgraphicallyinanyofthefollowingways:

(1) Histogram

(2) FrequencyPolygon

(3) FrequencyCurves

(4) Ogiveorcumulativefrequencycurves.
Histogram
Ahistogramisagraphoffrequencydistributions.Ahistogramconsistsofbarserected
upontheclassintervalcolumns.
While constructing histogram, the variable is always taken on the
xaxis and the frequency on the yaxis. The width of the bars in the histogram will be
proportionaltotheclassinterval.

HistogramforfrequencyDistributionhavingequalClassinterval

1) Drawahistogramfromthefollowinginformation

Marks No.ofStudents
010 7
1020 12
2030 15
3040 17
4050 20
6070 14
7080 10
8090 4

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20

15

10

0102030405060708090100

HistogramforunequalClassInterval
Unequalclassintervalsmustbecorrected.

Unequalclassintervals= widthofthe

lowestclassinterval
Drawahistogramfromthefollowingdata
Dailywages No.ofworkers
1520 4
2025 9
2530 12
3040 20
4050 16
5055 7
5560 6
6075 15
7580 4
8095 9
95100 2

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Answer:
CalculationofFrequencyDensity

Dailywages No.ofworkers FrequencyDensity


1520 4 4
2025 9 9
2530 12 12
3040 20 10
4050 16 8
5055 7 7
5560 6 6
6075 15 5
7580 4 4
8095 9 3
95100 2 2

20

15

10

0102030405060708090100
DailyWages

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FrequencyPolygon
It is a curve instead of bars. There are two methods for constructing frequency
polygon.First,histogramshouldbedrawnandmarkmidpointofuppersideofeachbarand
joinsuchjointsbyacurve.
In the second method, first of all plot the frequencies corresponding to midpoints of
variousclassintervals.Thenjoinalltheplottedpointstogetthefrequencypolygoncurve.
3)OgiveorCumulativeFrequencyCurve
A frequency distribution when cumulated, we get cumulative frequency distribution
andcurvedrawnisknownasogive.Anogivecaneitherlessthanogiveormorethanogive.
Lessthanogivecurveisdrawnonthebasisoflessthancumulativefrequencydistributionand
morethanogiveisdrawnonthebasisofmorethancumulativefrequencydistribution.
Example:
Fromthefollowingdatadrawnlessthanandmorethanogives

Marks: 010 1020 2030 3040 4050 5060 6070 7080


No.of
10 20 35 30 20 15 10 10
Students
Answer:

LessthanCF F MorethanCF F

Lessthan0 0 Morethan0 150

Lessthan10 10 Morethan10 140

Lessthan20 30 Morethan20 120

Lessthan30 65 Morethan30 95

Lessthan40 95 Morethan40 55

Lessthan50 125 Morethan50 35

Lessthan60 130 Morethan60 20

Lessthan70 140 Morethan70 10

Lessthan80 150 Morethan80 0

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150 Lessthancurve
Morethan

120

90

60

30

01020304050607080

MeasuresofcentraltendencyorAverages

An average is a single value that represents a group of values. It represents the whole
series and conveys general idea of the whole group. Characteristics of a good average or
RequisitesorEssentialspropertiesofaverage
(1) Clearlydefined
(2) Easytounderstand
(3) Simpletocompute
(4) Basedonallitems
(5) Notbeundulyaffectedbyextremeobservations.
(6) Capableoffurtheralgebraictreatment
(7) Samplingstability.

Typesofaverages

1) ArithmeticMean
2) Median
3) Mode
4) Geometricmean
5) HarmonicMean

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ArithmeticMean(AM)

Itisthevalueobtainedbyaddingtogetheralltheitemsandbydividingthetotal
numberofitems.
Arithmeticmeanmayeitherbe
(1) SimplearithmeticMeanor
(2) WeightedarithmeticMean
SimpleArithmeticMean
Itisthemeanofitemswhichgiveequalimportancetoallitems.
Itisdenotedbyx

x=
Where=Sumofgivenvariables
N=Numberofitems
CalculationofArithmeticMean

(a) IndividualSeries:

(i) DirectMethod

x=

(ii) ShortCutMethod

x=A+

A=Assumedmean
D=XA
n=totalnumberofitems
(b) DiscreteSeries
(i) DirectMethod

x=

(ii) ShortCutmethod

x=A+

d=XA
(iii) Stepdeviationmethod

x=A+ C

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d'=

c=commonfactor
(c) ContinuousSeries
(i) Directmethod

x=
m=midpointofX
N=Totalfrequency
(ii)Shortcutmethod

=A+
d=mA
(iii)Stepdeviationmethod:

=A+ XC

d=
C=Commonfactororclassinterval
PracticalProblems
1) CalculateA.M.oftheweightof10studentsinaClass

Sl.No. 1 2 3 4 5 6 7 8 9 10
Weight
42 56 49 50 49 53 52 48 47 54

inKg

Ans: Thisisanindividualseries.

=

x=42+56+49+50+49+53+52+48+47+54
=500
n=10
= =50Kg.
===========
2) Calculatemeanfromthefollowingdata.

Marks 25 30 35 40 45 50 55 60 65 70
No.of
3 8 12 9 4 7 15 5 10 7
students

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Ans:

Marks No.ofstudents d
d fd
x f (x55)
25 3 30 6 18
30 8 25 5 40
35 12 20 4 48
40 9 15 3 27
45 4 10 2 8
50 7 5 1 7
55 15 0 0 0
60 5 5 1 15
65 10 10 2 20
70 7 15 3 21
80 120


=A+ XC

=55+ X5

=55+
=55+6.375
=48.625
==========

3.CalculateArithmaticMean

Productionintons No.offactories
1020 5
2030 4
3040 7
4050 12
5060 10
6070 8
7080 4
Ans:

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X f m fm

1020 5 15 75

2030 4 25 100

3040 7 35 245

4050 12 45 540

5060 10 55 550

6070 8 65 520

7080 4 75 300

80 2330


= = =46.6
==========

4. Following are the data related with the production of a product during
Januaryin100factories

Productionintons No.offactories
0100 7
100200 15
200300 10
300400 9
400500 10
500600 12
600700 8
700800 13
800900 9
9001000 7

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Ans:

x f m d(mA) d fd
0100 7 50 500 5 35

100200 15 100 400 4 60

200300 10 250 300 3 30

300400 9 350 200 2 18

400500 10 450 100 1 10

500600 12 550 0 0 0

600700 8 650 100 1 8

700800 13 750 200 2 26

800900 9 850 300 3 27

9001000 7 950 400 4 28

100 64


=A+ XC

=550+ X100

=486
========

CalculationofArithmaticMeanforopenendclasses

Ifthelowerlimitofthefirstclassandupperlimitofthelastclassarenotknown,itis
calledopenendclasses.

1. CalculateA.M.

Below10 5
1020 12
2030 14
3040 10
Above40 8

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Ans:

X f m fm
010 5 5 25
1020 12 15 180
2030 14 25 350
3040 10 35 350
4050 8 45 360
49 1265


= = =25.82
==========

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MODULEV
WeightedMean
Weightedmeansareobtainedbytakingintoaccountofweights.Eachvalueismultipliedby
itsweightandtotalisdividedbythetotalweighttogetweightedmean.


=


=weightedA.M.
w=weight

x=givenvariable

Median
Medianisthemiddlevalueoftheseries.Whentheseriesarearrangedintheascendingorder
ordescendingorderMedianisapositionalaverage.

CalculationofMedian
Individualseries

Firstlyarrangetheseries.

Median=Sizeof item.

Discreteseries

Median=Sizeof item.

Continuousseries

MedianClass=

.
Median= + C

= Lowerlimitofmedianclass
c.f = culmulativefrequencyofprecedingmedianclass
f = frequencyofmedianclass
C = Classinterval

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1)Findthemedianforthefollowingdata
4,25,45,15,26,35,55,28,48
Answer:
4,15,21,25,26,28,35,45,48,55

Median= item

item=5 item

Median=28
2)Calculatemedian
25,35,15,18,17,36,28,24,22,26
Answer:
15,17,18,22,24,25,26,28,35,36

Median= item

item

=5.5item


Median=


=24.5

3)Calculatemedian
Size: 5 8 10 15 20 25
Frequency: 3 12 8 7 5 4
Answer:
Size Frequency Cf

5 3 3
8 12 15
10 8 23
15 7 30
20 5 35
25 4 39
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Median= item

item=20 item

Median=10
4)Findmedianfromthefollowing:
Marks No.ofstudents
05 29
1015 195
1520 241
2025 117
2530 52
3035 10
3540 6
4045 2

Answer:
Marks f c.f
05 29 29
510 195 227
1015 241 465
1520 117 582
2025 52 634
2530 10 644
3035 6 650
3540 3 653
4045 3 656

656
===
Medianclass= 2= =328 item

Median= + C

=10+ 5
=12.2
===

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Mode
Modeisthevalueofitemofserieswhichoccursmostfrequently.
Modeinindividualseries
Inthecaseofindividualseries,thevaluewhichoccursmorenumberoftimesismode.
Whennoitemsappearmorenumberoftimesthanothers,thenmodeistheilldefined.Inthis
case:
Mode=3median2mean
Modeindiscreteseries
Inthecaseofdiscreteseries,thevaluehavinghighestfrequencyistakenasmode.
Modeincontinuousseries
Modeliesintheclasshavingthehighestfrequency.


Mode=

=lowerlimitofthemodelclass
=frequencyofthemodelclass
, =frequencyofclassprecedingandsucceedingmodalclass.

1)Findmode
1,2,5,6,7,3,4,8,2,5,4,5
Answer:
Mode=5
==
2)Findmode
4,2,6,3,8,7,9,1
Answer
Modeisilldefined
Mode=3median2mean

= = =5
Median:1,2,3,4,6,7,9

Median= item= =4.5

Median= = =5

Mode=3525=5
==

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3)Findmode
Size: 5 8 10 12 15 20 25

Frequency: 3 7 2 9 5 6 2

Mode=2,since12hasthehighestfrequency
4)Calculatemode

Size: 05 510 1015 1520 2025 2530


Frequency: 20 24 32 28 20 26
Answer
Size Frequency
05 20
510 24
1015 32 Modelsclass
1520 28
2025 20
2530 26

Mode= +

=10+

=10+

=13.3
===
5)Calculatemean,medianandmode
Marks No.of
students
Lessthan10 4
Lessthan20 9
Lessthan30 15
Lessthan40 18
Lessthan50 26
Lessthan60 30
Lessthan70 38
Lessthan80 50
Lessthan90 54
Lessthan100 55

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Answer:

Marks Frequency M fm c.f.

010 4 5 20 4
1020 5 15 75 9
2030 6 25 150 15
3040 3 35 105 18
4050 8 45 360 26
5060 4 55 220 30
6070 8 65 520 38
7080 12 75 900 50
8090 4 85 340 54
90100 1 95 95 55

Mean

=

=50.63
====
Median
= item

= item

=27.5 item
.
= + C

.
=50+ 10

.
=50+ 10

=73.33
===

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6)Calculatemean,medianandmode
Marks No.ofstudents
Morethan0 80
Morethan10 77
Morethan20 72
Morethan30 65
Morethan40 55
Morethan50 43
Morethan60 28
Morethan70 16
Morethan80 10
Morethan90 8

Answer
X f m fm c.f
010 3 5 15 3
1020 5 15 75 8
2030 7 25 175 15
3040 10 35 350 25
4050 12 45 540 37
5060 15 55 825 52
6070 12 65 780 64
7080 6 75 450 70
8090 2 85 170 72
90100 8 95 760 80

Mean

=

=51.5
===
Median = 80
2 item
= 40 item
= .
+ C

= 50+ 10
= 50+ 10

= 52
==

BasicNumericalSkills107

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Mode
= + C

= 50+ 10

= 50+ 10

= 50+ 10

= 55
==

GeometricMean
Geometricmeanisdefinedasthe rootoftheproductofthoseinvalues.

G.m=Antilog

G.MinIndividualseries

G.M=Antilog

G.MinDiscreteseries

G.M=Antilog

G.Mincontinuousseries

G.m=Antilog

x=midpointofx

1)FindGeometricmeanofthefollowing
57.5,87.75,53.5,73.5,81.75
Answer:
X logx
57.5 1.7597
87.75 1.9432
53.5 1.7284
73.5 1.8663
81.75 1.9125
9.2101
====

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G.M.=Antilog
.
=Antilog

=Antilog(1.84202)
=69.51
====

2)FindtheG.M2,4,8,12,16,24
X logX
2 0.3010
4 0.6021
8 0.9031
12 1.0792
16 1.2041
24 1.3802
5.4697


G.M.=Antilog
.
=Antilog

=Antilog(.9116)
=8.158
====
3)FindG.Mfromthefollowingdata

Size: 5 8 10 12
Frequency: 2 3 4 1
Ans:
X f logX flogX
5 2 .6990 1.3980
8 3 .9031 2.7093
10 4 1.0000 4.0000
12 1 1.0792 1.0792
10 9.1865


G.M.=Antilog
.
=Antilog

=Antilog(.91865)
=8.292
====

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SchoolofDistanceEducation
4)CalculateG.M.

DailyIncome( ) 020 20 40 6080 80


40 60 100
No.ofworkers 5 7 12 8 4
Answer:
X f x( logx flogx
020 5 10 1.0000 5.0000
2040 7 20 1.4771 10.3397
4060 12 30 1.6990 20.3880
6080 8 40 1.8451 14.7608
80100 4 50 1.9542 7.8168
36 58.3053


G.M.=Antilog

.
=Antilog

=Antilog1.6195916

=41.65
====

HarmonicMean
Harmonicmeanisdefinedasthereciprocalofthemeanofthereciprocalsofthosevalues.It
appliedinaveragingrates,timesetc.

H.M=

H.MinDiscreteseries

H.M=

H.Mincontinuousseries

H.M=

x=midpointofx

BasicNumericalSkills110

SchoolofDistanceEducation

1)CalculateH.M.fromthefollowing
1)FindtheH.M.
2,3,4,5

Answer:
x 1

x
2 0.5
3 0.33
4 0.25
5 0.20
1.28

H.M.=

=
.
=3.125
====
2)FindtheH.M.

Size 6 10 14 18
F 20 40 30 10
Answer:
1
Size f f1

6 20 0.1667 3.334
10 40 0.1000 4.000
14 30 0.0714 2.142
18 10 0.0556 0.556
100 10.032

H.M= = =9.97
. ===

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3)Fromthefollowingdata,calculatethevalueofHM?

Income( ) No.ofpersons
1020 4
2030 6
3040 10
4050 7
5060 3
Ans:

1
Income( ) f xinm f(

1020 4 15 0.667 0.2666


2030 6 25 0.0400 0.2400
3040 10 35 0.0286 0.2857
4050 7 45 0.0222 0.1556
5060 3 55 0.0182 0.0545
30 1.0023

HM= = =29.93
.
=========

MEASURESOFDISPERSIONORVARIABILITY

Dispersionmeansameasureofthedegreeofdeviationofdatafromthecentralvalue.

MeasuresofDispersionareclassifiedinto(1)AbsoluteMeasures
(2)RelativeMeasures.

Absolute Measures of dispersion are expressed in the same units in which data are
collected.Theymeasurevariabilityofseries.Variousabsolutemeasuresare:

(i) Range
(ii) QuartileDeviation
(iii) MeanDeviation
(iv) StandardDeviation

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Relativemeasureisalsocalledcoefficientofdispersion.Theyareusefulforcomparing
twoseriesfortheirvariability.Variousrelativemeasuresare:
(i) CoefficientRange
(ii) CoefficientofQuartileDeviation
(iii) CoefficientofMeanDeviation
(iv) CoefficientofVariation

RANGE
Therangeofanyseriesisthedifferencebetweenthehighestandthelowestvalues
intheseries.
Range=HL
H=Highestvariable
L=Lowestvariable

CoefficientofRange=

1) FindtheRangeandCoefficientofRange.
75,29,96,15,7,8,11,7,49
Ans:
Range=HL
=9674=92
======

CoefficientofRange= = = =0.92

=======

2) FindRangeandCoefficientofRange.

Wages 5 10 15 20 25 30
No.ofemployees 2 5 6 7 4 6
Ans:

Range=HL

=305=25
======

CoefficientofRange= = = =0.71

==========

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3) FindoutRangeandCoefficientofRange.

Marks 2029 3039 4049 5059 6069


No.ofStudents 8 12 20 7 3

Ans:

Marks f

19.529.5 8

29.539.5 12

39.549.5 20

49.559.5 7

59.569.5 3

Range=HL

=69.519.5=50
====
. .
CoefficientofRange= = = =0.56
. .
=====

QUARTILEDEVIATION

QuartileDeviationisdefinedasthehalfdistancebetweenthethirdandfirstquartiles.

QuartileDeviation=

CoefficientofQuartileDeviation=

QuartileDeviationinIndividualSeries

QuartileDeviation=

Q1=sizeof thItem

Q3=sizeof3 thitem

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QuartileDeviationinDiscreteSeries

QuartileDeviation=

Q1=sizeof thItem

Q3=sizeof3 thitem

QuartileDeviationinContinuousSeries

QuartileDeviation=

Q1=sizeof thItem

Q3=sizeof3 thitem

.
Then,Q1=L1+ xc


Q3=L1+ xc

4) CalculateQuartileDeviationfromthefollowing:

25,15,30,45,40,20,50

Alsofindcoefficientofquartiledeviation.

Ans: Arrangetheseries,then

15,20,25,30,40,45,50

Q1= thItem= =2ndItem

=20

Q3=3 thitem=3x2=6thItem

=45

QuartileDeviation= = =12.5

CoefficientofQuartileDeviation=

= = =0.385
=======
BasicNumericalSkills115

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2)FindQuartileDeviationandCoefficientofQuartileDeviation.

23,25,8,10,9,29,45,85,10,16

Ans: Arrangetheseries,then

8,9,10,10,16,23,25,29,45,85

Q1=sizeof thItem= thItem=2.75thItem

ie.,2ndItem+.75(3rdItem2ndItem)

=9+.75(109)

=9+.75X1=9.75

Q3=sizeof3 thitem

=3x2.75=8.25thItem

i.e.8thitem+.25(9thItem8thItem)

=29+.25(4529)

=29+.25x16

=29+4=33

.
QuartileDeviation= = =11.625

==========

CoefficientofQuartileDeviation=

.
= =0.54
.

========
3) FindthevalueofQuartileDeviationandcoefficientofQuartileDeviation?

Marks 25 30 40 50 60 70 80 90
No.ofStudents 4 7 12 8 9 15 7 3

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Ans:

x f c.f.

25 4 4

30 7 11

40 12 23 Q1

50 8 31

60 9 40

70 15 55 Q3

80 7 62

90 3 65

65

Q1= thItem= thItem=16.5thItem

Q3=3 thitem=3x16.5=49.5thItem

Q1=45

Q3=70

QuartileDeviation= = =15marks
===========

CoefficientofQuartileDeviation=

= =0.27
=======

4)ComputeQuartileDeviationandcoefficientofQuartileDeviation?

x 010 1020 2030 3040 4050 5060

f 5 12 15 9 10 3

BasicNumericalSkills117

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Ans:
x f c.f.
010 5 5
1020 12 17
2030 15 32
3040 9 41
4050 10 51
5060 3 54
54

Q1=sizeof thItem= thItem=13.5thItem

Whichliesin1020,then

.
Q1=L1+ xc

.
=10+ x10

.
=10+ x10

=10+ =17.08
=========

Q3=3 thitem

=3x13.5=40.5thItem

Whichliesin3040,then


Q3=L1+ xc

.
=30+ x10

.
=30+ x10

=30+ =39.44
=========

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. . .
QuartileDeviation= = = =11.18marks
=============

CoefficientofQuartileDeviation=

. .
=
. .

.
= =0.396
.
==========

MEANDEVIATION

Mean Deviation is defined as the arithmetic mean of deviations of all the values in a
seriesfromtheiraverage.Theaveragemaybemean,medianormode.
| |
MeanDeviation=

Where| |=deviationfromanaveragewithoutsign
MeanDeviationinIndividualSeries
| |
MeanDeviation=

CoefficientofMeanDeviation=

Average=Mean,MedianorModefromwhichthedeviationistaken
MeanDeviationinDiscreteSeries
| |
MeanDeviation=

CoefficientofMeanDeviation=

MeanDeviationinContinuousSeries
| |
MeanDeviation=

1)CalculateMeanDeviationfromthefollowing.
14,15,23,20,10,30,19,18,16,25,12
Ans:
Arrangethedata
10,12,14,15,16,18,19,20,23,25,30

Median=sizeof item

=6thItem =18

BasicNumericalSkills119

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X | | ie.X median
14 4
15 3
23 5
20 2
10 8
30 12
19 1
18 0
16 2
25 7
12 6

50
| |
MeanDeviation= = =4.54marks
============
2)CalculateMeanDeviationfromthefollowingdata:
Sizeofitem 6 7 8 9 10 11 12
Freequency 3 6 9 13 8 5 4

Ans:

Size f c.f | | f| |
6 3 3 3 9
7 6 9 2 12
8 9 18 1 9
9 13 31 0 0
10 8 39 1 8
11 5 44 2 10
12 4 48 3 12
48 60


Median= thitem=24.5

Median=9
=18
| |
MeanDeviation= = =1.25
============
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3)CalculatetheMeanDeviationfromthefollowingdata:

Marks 010 1020 2030 3040 4050 5060 6070 7080


Freequency 18 16 15 12 10 5 2 2

Ans:
x f m c.f. | |ie.Xmedian f| |

010 18 5 18 19 342

1020 16 15 34 9 144

2030 15 25 49 1 15

3040 12 35 61 11 132

4050 10 45 71 21 210

5060 5 55 76 31 155

6070 2 65 78 41 82

7080 2 75 80 51 102

80 1182
Median= thItem

= thItem=40thItem

Whichlieson2030

Median=20+ x10

=20+ x10

=24
| |
MeanDeviation= = =14.775
============
STANDARDDEVIATION

Standard Deviation is defined as the square root of the mean of the squares of the
deviationsofindividualitemsfromtheirarithmeticmean.Itisdenotedby(sigma).


=
BasicNumericalSkills121

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StandardDeviationinIndividualSeries

=

or


2

Coefficientofvariation= x100

StandardDeviationinDiscreteSeries

=


2

Shortcutmethod:

=


2

d=xA

StandardDeviationinContinuousSeries

(i) DirectMethod:

2
=

x=midpointofX

(ii) Shortcutmethod:

=


2

d=mAorxA

(iii) StepDeviationmethod:

=


2XC

d'= ,c=classinterval.

VARIANCE

Varianceisdefinedasthemeanofthesquaresofthedeviationsofallthevaluesinthe
seriesfromtheirmean.ItisthesqarerootoftheStandardDeviation.

Variance=

BasicNumericalSkills122

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1) ComputeS.D
4,8,10,12,15,9,7,7

Ans:
X X2
4 16

8 64

10 100

12 144

15 225

8 81

7 49

7 49

72 728

=91 9

=91 81=10

=3.16

===

2)FindtheS.DandC.V
10,12,80,70,60,100,0,4

BasicNumericalSkills123

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Ans:
X X2
10 100

12 144

80 6400

70 4900

60 3600

100 10000

0 0

4 16

336 25160

= 3145 42

=3145 1764=1381

=37.16
====


C.V. = 100

X
= =42

C.V .
= 100=88.48
====
3)FindoutS.D
Productionintones: 50 100 125 150 200 250 300
No.offactories: 2 5 7 12 9 5 3

BasicNumericalSkills124

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Ans:

X f d(xA)

50 2 100 4 16 8 32

100 5 50 2 4 10 20

125 7 25 1 1 7 7

150 12 0 0 0 0 0

200 9 50 2 4 18 36

250 5 100 4 16 20 80

300 3 150 6 36 18 108

43 31 283

A=150

=

C

= 25

=6.58 0.52 25

=6.06 25=2.46 25

=61.5

====

4) ComputetheS.Dfromthefollowing

Expenditure(Rs): 100200 200300 300400 400500 500600
No.offamilies 30 20 40 5 10

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Ans:

X f m d(
100200 30 150 200 2 4 60 120
200300 20 250 100 1 1 20 20
300400 40 350 0 0 0 0 0
400500 5 450 100 1 1 5 5
500600 10 550 200 2 4 20 40
105 55 185
d=mA
d1=d/100

=

C

= 100
=122
====
5)ThescoresofthebatsmenAandBthesixinningsduringacertainmatchareasfollows.
BatsmanA: 10 12 80 70 60 100 0 4
BatsmanB: 8 9 7 10 5 9 10 8
(i) Findwhichofthetwobatsmanismoreconsistantinscoring.
(ii) Findwhoismoreefficientbatchman.
Ans:
BatsmanA BatsmanB
X X2 X X2

10 100 8 64
12 144 9 81
80 6400 7 49
70 4900 10 100
60 3600 5 25

100 10000 9 81

0 0 10 100
4 16 8 64
336 25160 66 564

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(i) Forfindingconsistant,C.Viscalculated

C.V= 100

BatsmanA BatsmanB

X= =42 X= =8.25

= =

=37.16 =1.562
==== ====

.
C.V = 100 =

=88.48 =18.93
==== ====
BismoreconsistentsinceC.V.isless.
(ii) Forfindingmoreefficient,averageistaken
A=42 B=8.25
BatsmanAismoreconsistentsincehehasgreateraverage.

MeritsofS.D
1. S.D.isbasedonallthevaluesofaseries.
2. Itisrigidlydefined
3. Itiscapableoffurthermathematicaltreatment.
4. Itisnotmuchaffectedbysamplingfluctuations.
Demerits
1. Itisdifficulttocalculate.
2. Signsofthedeviationsarenotignored.

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Measuresofskewness
Skewnessmeanslackofsymmetrywhenafrequencydistributionisnotsymmetrical,it
issaidtbeasymmetricalorskewed.Inthecaseofaskeweddistribution,themean,median
andmodearenotequal.SimilarlyforaskeweddistributionQ1andQ3willnotbeequidistant
frommedian.Itisanasymmetricaldistribution.Ithasalongtailononesideandastarttail
ontheotherside.
Adistributionissaidtobeskewedwhen:
(1) Mean,mediaandmodearenotequal.
(2) Q1andQ3arenotequidistantfrommedian.
(3) Frequenciesoneithersideofmodearenotequal.
(4) Thefrequencycurvehaslongertailontheleftsideorontherightside.
PositiveandNegativeskewness
Skewnwssmaybeeitherpositiveornegative.Skewnessissaidtobepositivewhenthe
meanisgreaterthanthemedianandmedianisgreaterthanmode.Morethanhalfareafalls
torightsideofthehighestordinate.
Swewnessissaidtobenegativewhenthemeanislessthanmedianandthemedianis
lessthanmode.Inthiscasecurveisskewedtotheleftmorethanhalftheareafallstotheleft
ofthehighestordinate.






SymmetricDistribution










Positivelyskewed
Negativelyskewed

BasicNumericalSkills128

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Measuresofskewness
1) KarlPearsonsmeasureofskewness

Skewness=
2) Bowleysmeasureofskewness

Skewness=
3) Kelleysmeasureofskewness

Skewness=

4) MeasureofskewnessBasedonMoments

Skewness=

Kurtosis
Kurtosisisameasureofpeakdness.Itrefersadistribution whichisrelativelyfetker
thanthenormalcurve.
Whenafrequencycurveismorepeakedthanthenormalcurve,itiscalledleptokurtic
andwhenitismoreflattoppedthanthenormalcurveitiscalledplatykurtic.Whenacurveis
neitherpeakednorplattopped,itiscalledmesokurticnormal.

LeptoKurtic

MesoKurtic

PlatyKurtic

LorenzCurve
Lorenz curve is a graphical method of studying dispersion. It is used in business to
study the disparities of the distribution of wages, sales, production etc. In Economics it is
usefultomeasureinequalitiesinthedistributionofincome.

BasicNumericalSkills129

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Itisagraphdown toafrequencydistribution.While drawing thegraph, cumulative
percentagevaluesoffrequenciesonXaxisandcumulativepercentagevaluesofthevariable
onYaxis.
IndexNumbers
Index numbers is a statistical device for measuring the changes in group of related
variablesoveraperiodoftime.
UsesorImportanceofindexnumbers.
1. Indexnumbersmeasuretrendvalues.
2. Indexnumbersfacilitateforpolicydecisions.
3. Indexnumbershelpincomparingthestandardofliving.
4. Itmeasureschangesinpricelevel.
5. Indexnumbersareeconomicbarometers.Theconditionoftheeconomyofacountry
tobeknownthroughconstructionofindexnumbersfordifferentperiodswithregard
toemployment,literacy,agricultureindustry,economicsetc. Henceitcanbetermed
aseconomicbarometers.
Limitations
1. Indexnumbersareonlyapproximateindicator.
2. Allindexnumbersarenotgoodforallpurposes.
3. Indexnumbersareliabletobeunissued.
4. Index numbers are specilised average and limitations of average also applicable to
indexnumbers.
ProblemsorDifficultiesintheconstructionofindexnumbers
1. Purposeoftheindex.
2. Selectionoftheleaseperiod.
3. Selectionofitems.
4. Selectionofanaverage
5. Selectionofweights
6. Selectionofappropriatesourceofdata
7. Selectionofsuitableformula.
Methodsofconstructingindexnumbers
1. Unweightedindexnumbers.
2. Weightedindexnumbers.

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UnweightedorSimpleindexnumbers
Simple index numbers are those index numbers in which all items are treated as
equally. Simple aggregate and simple average price relatives are the unweighted index
numbers.
(1) SimpleAggregatemethod

P01=

100

P01=indexnumber
P1=Priceforthecurrentyear
P1=Priceforthebaseyear.
(2) SimpleAveragePriceRelativeMethod

Priceindex=

I= 100,eachitemscanbecalculated.

Weightedindexnumbers
Inthismethodquantityconsumedisalsotakenintoaccount.
Suchindexare
1. Weightedaggregatemethod
2. WeightedAverageofpricerelatives
Weightedaggregatemethod
Thismethodisbasedontheweightofthepricesoftheselectedcommodities.
Followingarethecommonlyusedmethods:
1. LaspeyresMethod
2. PaaschesMethod
3. BowleyDorbishMethod
4. Fishersidealmethod
5. KellysMethods
LaspeyresMethod

P01=

100

p1=Priceofthecurrentyear
q0=Quantityofthebaseyear
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p0=Priceofthebaseyear
PaaschesMethod

P01=

100

q1=Quantityofthecurrentyear
FishersIdealMethod

P01= 100
L=Laspeyresmethod
P=PaaschesMethod


P01=


100

BowleyDoribishMethod

P01=
KellysMethod

P01=

100


q=
WeightedAveragePriceRelativeMethod

Indexnumber=


V=Weight

I= 100
1. Constructindexnumbersfor2012onthebasisofthepriceof2010

Commodities Pricein2010 Pricein2012
A 115 130
B 72 89
C 54 75
D 60 72
E 80 105

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Answer
Commodities

A 115 130
B 72 89
C 54 75
D 60 72
E 80 105
381 471
=== ===

P01= 100

= 100=123.62
=====
2. Calculatesimpleindexnumberbyaveragerelativemethod.

Items Priceofthe Priceofthe
baseyear currentyear
A 5 7
B 10 12
C 15 25
D 20 18
E 8 9

Ans:
Items
(ie 100)

A 5 7 140

B 10 12 120

C 15 25 166.7

D 20 18 90

E 8 9 112.5

629.2
====

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Indexnumber=
.
= =125.84
=====
3. Followingarethedatarelatedwiththepricesandquantitiesconsumedfor2010and
2012.

Commodity 2010 2012
Price Quantity Price Quantity
Rice 5 15 7 12
Wheat 4 5 6 4
Sugar 7 4 9 3
Tea 52 2 55 2

Constructpriceindexnumbersby

(1) Laspeyresmethod

(2) Paaschesmethod

(3) BowlysDorbishmethod

(4) Fishersmethod

Answer

Commodity

Rice 5 15 7 12 105 75 84 60

Wheat 4 5 6 4 30 20 24 16

Sugar 7 4 9 3 36 28 27 21

Tea 12 2 55 2 110 104 110 104

281 227 245 201

BasicNumericalSkills134

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(1) LaspeyresMethod

p = x100 = x100

=123.79

(2) Paascnesmethod

p = x100 = x100

=121.89

(3) BowleyDorbishMethod

. .
p = =

=122.84

(4) FishersMethod
p =LxP

=123.79x121.89=122.84

4)Calculateindexnumberofpricefor2012onthebasisof2010,fromthedatagivenbelow:

Commodities Weight Price2010 Price


2012

A 40 16 20

B 25 40 60

C 5 2 2

D 20 5 6

E 10 2 1

Answers

PriceIndexNumber=

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Commodities V i.e. IV

A 40 16 20 125 5000
B 25 40 60 150 3750
C 5 2 2 100 500
D 20 5 6 120 2400
E 10 2 1 50 500
100 12150

IndexNumber= =121.5

5)ConstructPriceIndex

Commodities Index Weight

A 350 5

B 200 2

C 240 3

D 150 1

E 250 2

Answers

Commodities V I IV
A 5 350 1750
B 2 200 400
C 3 240 720
D 1 150 150
E 2 250 500
13 3520


IndexNumber= = =270.77

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ConsumerPriceindexnumberofcostofLivingindexnumberorRetailPriceindex
number
ConsumerPriceindexnumberisalsoknownascopyofLivingIndexnumberorRetails
Price index number. It is the ration of the monetary expenditures of an individual which
securehimthestandardoflivingortotalutilityintwosituationsdifferingonlyinrespectof
prices.Itrepresentstheaveragechangeinpricesoveraperiodoftime,paidbytheconsumer
forgoodsandservices.
StepsintheconstructionofConsumerPriceIndex

1. Determinationoftheclasspeopleforwhomtheindexnumberistoconstructed.

2. SelectionofBasicperiod

3. Conductingfamilybudgetenquiry

4. Obtainingpricequotation

5. Selectingproperweights

6. Selectionofsuitablemethodsforconstructingindex.

MethodsofConstructingConsumerPriceIndexNumber
(1) AggregateExpenditureMethod

CostoflivingIndexnumber== x100

(2) FamilyBudgetMethodorAverageRelativeMethod

CostofLivingIndex=

1) FindcostofLivingindex


Food Rent Clothes Fuel
Miscellaniou

Expenseson 35% 15% 20% 10% 25%

Price2010 150 30 75 25 40

Price2012 145 30 65 23 45

Whatchangesthecostoflivingof2012ascompareto2010?
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Answer

Expenses V I IV

Food 35 150 145 96.67 3383.45

Rent 15 30 30 100 1500

Cloth 20 75 65 86.67 1733

Fuel 10 25 23 92 920

Misc. 20 40 45 112.50 2250

9786.85

.
CostofLivingIndex= = =97.87

TimeSeriesAnalysis
Timeseriesisthearrangementofdataaccordingtothetimeofoccurrence.Ithelpsto
findourthevariationstothevalueofdataduetochangesintime.
Importance
1. Ithelpsforunderstandingpastbehavior
2. ItfacilitatesforforecastingandPlanning
3. Itfacilitatescomparison
ComponentsofTimeSeries
1. Seculartrend
2. SeasonalVariations
3. CyclicVariations
4. IrregularVariations
SecularTrend
Trendmaybedefinedasthechangesoveralong periodof time. The significanceof
trendisgreaterwhentheperiodoftimeisverylonger.
Followingaretheimportantmethodofmeasuringtrend.
1. GraphicMethod
2. SemiAverageMethod
3. MovingAverageMethod
4. MethodofLeastSquares
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2) Seasonal Variations: Seasonal Variations are measured for one calendar year. It is
thevariationswhichoccursomedegreeofregularity.Forexampleclimateconditions,
socialcustomsetc.

3) CyclicalVariations:Cyclicalvariationsarethosevariationwhichoccuronaccountof
businesscycle.TheyareProsperity,Dectine,DepressionandRecovery.

4) Irregular fluctuations: One changes of variable could not be predicted due to


irregular movements. Irregular movements are like changes in technology, war,
famines,floodetc.

MethodsofMeasuringTrend

(1) Graphic method: It is otherwise known as free handmethod. This is the simplest
methodofmeasuringtrend.Underthismethodoriginaldataareplottedonthegraph
paper.Theplottedpointsshouldbejoined,wegetacurve.Astraightlineshouldbe
drawn through the middle area of the curve. Such linewill describe tendency of the
data.

(2) Semi Average Method: The whole data are divided in to two parts and average of
thesearetobecalculated.Thetwoaveragesaretobeplottedinthegraph.Thetwo
pointsplottedshouldbejoinedsoastogetastraightline.Thislineiscalledtheward
live.

(3) MethodofMovingaverage:Underthismethodaseriesofsuccessiveaverageshould
becalculatedfromaseriesofvaluesmovingaveragemaybecalculatedfor3,4,5,6or7
yearsperiods.

Themovingaveragecanbecalculatedasfollows:

Forexample3yearsmovingaveragewillbe , , andsoon.

Fiveyearsmovingaverage= , andsoon.

1) Compute3yearlymovingaveragefromthefollowingdata

Years: 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Sales 55 47 59 151 79 36 45 72 83 89 102
(in000units)

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Calculationof3yearlymovingaverage

Year Sales(in000units) 3yearlymovingtotal 3yearlymovingaverage


2002 55
2003 47
2004 59 161 53.67
2005 151 257 85.67
2006 79 289 96.33
2007 36 216 58.67
2008 45 160 63.33
2009 72 153 51
2010 83 200 66.67
2011 89 244 81.33
2012 102 277 91.33

2) Calculate5yearlymovingaverage

Years: 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
income 161 127 152 143 144 167 182 179 152 163 159
(in000)

Answers

Income(in Fiveyearly Fiveyearly


Year
000) movingtotal movingaverage
2000 161
2001 127
2002 152 727 145.4
2003 143 733 146.6
2004 144 788 157.6
2005 167 815 163
2006 182 824 164.8
2007 179 843 168.6
2008 152 835 167
2009 163
2010 159

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Calculationofmovingaverageforeveryperiods

1) Calculatethesixyearmovingaverage

Years: 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

Demand 105 120 115 110 100 130 135 160 155 140 145
(in
tones)

Answers

6years Centered
6yearsmoving moving 6years Centered6year
Year Demand
total average moving movingaverage
total

2000 105

2001 120

2002 115

2003 110 680 113.3 231.6 115.8

2004 100 710 118.3 243.3 121.65

2005 130 750 125 256.67 128.34

2006 135 790 131.67 268.34 134.17

2007 160 820 136.67 280.84 140.42

2008 155 865 144.17

2009 140

2010 145

4)MethodofLeastSquares
Thisisapopularmethodofobtainingtrendline.Thetrendlineobtainedthroughthis
methodiscalledlineofbestfit.
Onetrendlineisrepresentedas
y=a+bx
Thevalueofaandbcanbeascertainedbysolvingthefollowingtwonormalequations.
y=Na+b x

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xy=a x+b x

Where x represents the time, y represents the value, a and b are constant and N
representtotalnumber.
Whenthemiddleyearistakenastheorigin,then x 0, thennormalequationwould
be
xy=Na

xy=b x

Hencea=

1) Followingarethedatarelatedwiththeoutputofafactoryfor7years

Years: 2006 2007 2008 2009 2010 2011 2012

Output 47 64 77 88 97 109 113


(intones)

Calculate the trend values through the method of least squares and also forecast the
production2013and2015.

Answers

Year Production x
xy
t y (t2009)

2006 47 3 141 9

2007 64 2 128 4

2008 77 1 77 1

2009 88 0 0 0

2010 97 1 97 1

2011 109 2 218 4

2012 113 3 339 9

595 0 308 28

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Here x=0

Then a= = =85


b= = =11

y=a+bx

2006 85+11x3=52

2007 85+11x2=63

2008 85+11x1=74

2009 85+11x0=85

2010 85+11x1=96

2011 85+11x2=107

2012 85+11x3=118

Productionin2013
=85x11x4 =129tonns
Productionin2015
=85x11x6 =151tonns

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