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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

HSC Commerce Class 12 - Tamil Nadu Board of Secondary Education Question Bank Solutions for Business Mathematics and Statistics

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Business Mathematics and Statistics
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The following table gives the number of small-scale units registered with the Directorate of Industries between 1985 and 1991. Show the growth on a trend line by the free hand method.

Year No. of units (in '000)
195 10
986 22
1987 36
198 62
1989 55
1990 0
1991 34
1992 50
[9] Applied Statistics
Chapter: [9] Applied Statistics
Concept: undefined >> undefined

The annual production of a commodity is given as follows:

Year production (in tones)
1995 155
1996 162
1997 171
19988 182
1999 158
2000 880
2001 178

Fit a straight line trend by the method of least squares

[9] Applied Statistics
Chapter: [9] Applied Statistics
Concept: undefined >> undefined

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Determine the equation of a straight line which best fits the following data 

Year 2000 2001 2002 2003 2004
Sales (₹ '000) 35 36 79 80 40

Compute the trend values for all years from 2000 to 2004

[9] Applied Statistics
Chapter: [9] Applied Statistics
Concept: undefined >> undefined

The sales of a commodity in tones varied from January 2010 to December 2010 as follows:

In Year 2010 Sales (in tones)
Jan 280
Feb 240
Mar 270
Apr 300
May 280
Jun 290
Jul 210
Aug 200
Sep 230
Oct 200
Nov 230
Dec 210

Fit a trend line by the method of semi-average

[9] Applied Statistics
Chapter: [9] Applied Statistics
Concept: undefined >> undefined

Use the method of monthly averages to find the monthly indices for the following data of production of a commodity for the years 2002, 2003 and 2004

2002 2003 2004
15 20 18
18 18 25
17 16 21
19 13 11
16 12 14
20 15 16
21 22 19
18 16 20
17 18 1
15 20 16
14 17 18
18 15 20
[9] Applied Statistics
Chapter: [9] Applied Statistics
Concept: undefined >> undefined

Calculate the seasonal indices from the following data using the average method:

Year I Quarter II Quarter III Quarter IV Quarter
2008 72 68 62 76
2009 78 74 78 72
2010 74 70 72 76
2011 76 74 74 72
2012 72 72 76 68
[9] Applied Statistics
Chapter: [9] Applied Statistics
Concept: undefined >> undefined

The following table shows the number of salesmen working for a certain concern:

Year 1992 1993 1994 1995 1996
No. of
salesman
46 48 42 56 52

Use the method of least squares to fit a straight line and estimate the number of salesmen in 1997

[9] Applied Statistics
Chapter: [9] Applied Statistics
Concept: undefined >> undefined

Choose the correct alternative:

A time series is a set of data recorded

[9] Applied Statistics
Chapter: [9] Applied Statistics
Concept: undefined >> undefined

Choose the correct alternative:

A time series consists of

[9] Applied Statistics
Chapter: [9] Applied Statistics
Concept: undefined >> undefined

Choose the correct alternative:

The components of a time series which is attached to short term fluctuation is

[9] Applied Statistics
Chapter: [9] Applied Statistics
Concept: undefined >> undefined

Choose the correct alternative:

Factors responsible for seasonal variations are

[9] Applied Statistics
Chapter: [9] Applied Statistics
Concept: undefined >> undefined

Choose the correct alternative:

The additive model of the time series with the components T, S, C and I is

[9] Applied Statistics
Chapter: [9] Applied Statistics
Concept: undefined >> undefined

Choose the correct alternative:

Least square method of fitting a trend is

[9] Applied Statistics
Chapter: [9] Applied Statistics
Concept: undefined >> undefined

Choose the correct alternative:

The value of ‘b’ in the trend line y = a + bx is

[9] Applied Statistics
Chapter: [9] Applied Statistics
Concept: undefined >> undefined

Choose the correct alternative:

The component of a time series attached to long term variation is trended as

[9] Applied Statistics
Chapter: [9] Applied Statistics
Concept: undefined >> undefined

Choose the correct alternative:

The seasonal variation means the variations occurring with in

[9] Applied Statistics
Chapter: [9] Applied Statistics
Concept: undefined >> undefined

Using three yearly moving averages, Determine the trend values from the following data.

Year Profit Year Profit
2001 142 2007 241
2002 148 2008 263
2003 154 2009 280
2004 146 2010 302
2005 157 2011 326
2006 202 2012 353
[9] Applied Statistics
Chapter: [9] Applied Statistics
Concept: undefined >> undefined

From the following data, calculate the trend values using fourly moving averages.

Year 1990 1991 1992 1993 1994 1995 1996 1997 1998
Sales 506 620 1036 673 588 696 1116 738 663
[9] Applied Statistics
Chapter: [9] Applied Statistics
Concept: undefined >> undefined

Fit a straight line trend by the method of least squares to the following data

Year 1980 1981 1982 1983 1984 1985 1986 1987
Sales 50.3 52.7 49.3 57.3 56.8 60.7 62.1 58.7
[9] Applied Statistics
Chapter: [9] Applied Statistics
Concept: undefined >> undefined

What is transportation problem?

[10] Operations Research
Chapter: [10] Operations Research
Concept: undefined >> undefined
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