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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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From the following data find y at x = 43 and x = 84.

x 40 50 60 70 80 90
y 184 204 226 250 276 304
[5] Numerical Methods
Chapter: [5] Numerical Methods
Concept: undefined >> undefined

The area A of circle of diameter ‘d’ is given for the following values

D 80 85 90 95 100
A 5026 5674 6362 7088 7854

Find the approximate values for the areas of circles of diameter 82 and 91 respectively

[5] Numerical Methods
Chapter: [5] Numerical Methods
Concept: undefined >> undefined

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If u0 = 560, u1 = 556, u2 = 520, u4 = 385, show that u3 = 465

[5] Numerical Methods
Chapter: [5] Numerical Methods
Concept: undefined >> undefined

From the following table obtain a polynomial of degree y in x.

x 1 2 3 4 5
y 1 – 1 1 – 1 1
[5] Numerical Methods
Chapter: [5] Numerical Methods
Concept: undefined >> undefined

Using Lagrange’s interpolation formula find a polynominal which passes through the points (0, –12), (1, 0), (3, 6) and (4, 12)

[5] Numerical Methods
Chapter: [5] Numerical Methods
Concept: undefined >> undefined

Find the expected value for the random variable of an unbiased die

[6] Random Variable and Mathematical Expectation
Chapter: [6] Random Variable and Mathematical Expectation
Concept: undefined >> undefined

Let X be a random variable defining number of students getting A grade. Find the expected value of X from the given table:

 X = x 0 1 2 3
P(X = x) 0.2 0.1 0.4 0.3
[6] Random Variable and Mathematical Expectation
Chapter: [6] Random Variable and Mathematical Expectation
Concept: undefined >> undefined

The following table is describing about the probability mass function of the random variable X

x 3 4 5
P(x) 0.2 0.3 0.5

Find the standard deviation of x.

[6] Random Variable and Mathematical Expectation
Chapter: [6] Random Variable and Mathematical Expectation
Concept: undefined >> undefined

Let X be a continuous random variable with probability density function
`"f"_x(x) = {{:(2x",", 0 ≤ x ≤ 1),(0",",  "otherwise"):}`
Find the expected value of X

[6] Random Variable and Mathematical Expectation
Chapter: [6] Random Variable and Mathematical Expectation
Concept: undefined >> undefined

Let X be a continuous random variable with probability density function
f(x) = `{{:(3/x^4",",  x ≥ 1),(0",",  "otherwise"):}`
Find the mean and variance of X

[6] Random Variable and Mathematical Expectation
Chapter: [6] Random Variable and Mathematical Expectation
Concept: undefined >> undefined

In investment, a man can make a profit of ₹ 5,000 with a probability of 0.62 or a loss of ₹ 8,000 with a probability of 0.38. Find the expected gain

[6] Random Variable and Mathematical Expectation
Chapter: [6] Random Variable and Mathematical Expectation
Concept: undefined >> undefined

What are the properties of Mathematical expectation?

[6] Random Variable and Mathematical Expectation
Chapter: [6] Random Variable and Mathematical Expectation
Concept: undefined >> undefined

What do you understand by Mathematical expectation?

[6] Random Variable and Mathematical Expectation
Chapter: [6] Random Variable and Mathematical Expectation
Concept: undefined >> undefined

How do you defi ne variance in terms of Mathematical expectation?

[6] Random Variable and Mathematical Expectation
Chapter: [6] Random Variable and Mathematical Expectation
Concept: undefined >> undefined

Define Mathematical expectation in terms of discrete random variable

[6] Random Variable and Mathematical Expectation
Chapter: [6] Random Variable and Mathematical Expectation
Concept: undefined >> undefined

State the definition of Mathematical expectation using continuous random variable

[6] Random Variable and Mathematical Expectation
Chapter: [6] Random Variable and Mathematical Expectation
Concept: undefined >> undefined

In a business venture a man can make a profit of ₹ 2,000 with a probability of 0.4 or have a loss of ₹ 1,000 with a probability of 0.6. What is his expected, variance and standard deviation of profit?

[6] Random Variable and Mathematical Expectation
Chapter: [6] Random Variable and Mathematical Expectation
Concept: undefined >> undefined

The number of miles an automobile tire lasts before it reaches a critical point in tread wear can be represented by a p.d.f.
f(x) = `{{:(1/30 "e"^(- x/30)",",  "for"  x > 0),(0",",  "for"  x ≤ 0):}`
Find the expected number of miles (in thousands) a tire would last until it reaches the critical tread wear point

[6] Random Variable and Mathematical Expectation
Chapter: [6] Random Variable and Mathematical Expectation
Concept: undefined >> undefined

A person tosses a coin and is to receive ₹ 4 for a head and is to pay ₹ 2 for a tail. Find the expectation and variance of his gains

[6] Random Variable and Mathematical Expectation
Chapter: [6] Random Variable and Mathematical Expectation
Concept: undefined >> undefined

Let X be a random variable and Y = 2X + 1. What is the variance of Y if variance of X is 5?

[6] Random Variable and Mathematical Expectation
Chapter: [6] Random Variable and Mathematical Expectation
Concept: undefined >> undefined
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