Paper 4: Fundamentals of Business Mathematics & Statistic

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5.68 I FUNDAMENTALS OF BUSINESS MATHEMATICS AND STATISTICS

Measures of Central Tendency and Measures of Dispersion



  1. If 2xI + 3yI = 5 for I = 1, 2, ...., n and mean deviation of x 1 , x 2 , ....., xn about their mean is 12, find the
    mean deviation of y 1 , y 2 , ...., yn about their mean.
    [Ans.^193 ]

  2. If the means of two groups of 30 and 50 observation are equal and their standard deviation are 8 and
    4 respectively, find the grouped variance. [Ans.
    5.83]

  3. For 10 values x 1 , x 2 , ...., x 10 of a variable x,


10
∑i 1=xi=110, and ( )

(^102)
∑i 1= x 5i− =1000, find
variance of x [Ans. 64]



  1. If the relations between two variables x and y be 2x – y + 3 = 0 and range of x be 10, then find the range
    of y. [Ans. 20]

  2. Runs made by two groups G 1 and G 2 of cricketers have means 50 and 40 and variance 49 and 36
    respectively. Find which group is more constant in scoring runs. [Ans.
    G 1 ]

  3. If A.M. and coefficient of variation of a variable x are 10 and 50% respectively, find the variance of x.
    [Ans. 25]

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