Internal Assignment, BBA/BCIS-III, Business Statistics Chandra K.C.

Chapter – 1
1. What are the limitations of statistics?
2. Define secondary data and discuss different sources of secondary data?
3. What is data? What statistical methods are appropriate to describe the nominal data?
4. Discuss the important of statistics in the field of management.
5. What are the limitations of primary source of data?
6. Define descriptive and inferential statistics.
7. Discuss the important of statistics on business and industry.
8. Write down the methods of collecting primary data.
9. Differentiate between exclusive and inclusive types of class interval with example.
10. List different sources of primary data.
11. What are the two differences between primary and secondary data?
12. Differentiate categorical and numerical variable.
13. Define primary data and secondary data.

Chapter – 2
1. What are the advantages of stem and leaf display?
2. What are the two information that you obtained from stem and leaf display?
3. Draw histogram and frequency polygon for the following data.
X 10 - 25 25 - 40 40 - 55 55 - 70 70 - 85
f 5 10 18 12 4
4. Following information is of Human Poverty Indices (HPI) of the south Asian countries.
Country Nepal Bangladesh India Maldives Pakistan Srilanka
HPI value 49.7 48.3 46.3 36.7 46.8 20.7
Construct a simple bar-diagram.
5. The following data represents the bounded check fee in dollars for a sample of 23 banks for
direct-deposit customers.
26, 28, 20, 20, 21, 22, 25, 25, 18, 25, 15, 20, 18, 20, 25, 25, 22, 30, 30, 30, 15, 20, 29
i. Place the data into an ordered array.
ii. Set up the stem-and-leaf display for these data.
6. A data set consists of 145 observations that range from 56 to 490. What size class interval would
you recommended using struggle rule?
7. Draw a piechart to the following data.
Country USA UK Australia France Others Total
Year 1984 530 83 55 48 24 740
8. Convert the following frequency distribution with inclusive type of class intervals into
exclusive type of class intervals.
C.I. 50-59 60-69 70-79 80-89 90-99
Frequency 10 15 30 20 12
9. Present the following data by means of histogram.
C.I. 20-40 40-60 60-80 80-120 120-200 200-280
Frequency 5 10 15 20 20 12
Internal Assignment, BBA/BCIS-III, Business Statistics Chandra K.C.

Chapter – 3
1. The mean and median of a distribution are 70 and 61 respectively. Is the distribution skewed? If
yes, what type of skewness is it?
2. From the following information on marks who should be considered more consistent.
Mr. - A Mr. - B
Mean 28 37.8
Standard Deviation 5.3 4.8
3. The following is the five-number summary of the return data of certain number of mutual funds
in Kathmandu:
37.3 41.7 53.8 60.85 65.5
Explain the shape of the distribution.
4. The five number summary of a distribution is given below:
11.2, 14.6, 18.2, 21.5, 32.2
Construct a Box-and-whisker plot and describe the shape.
5. For a moderately asymmetrical distribution, the arithmetic mean and median are 48 and 45
respectively, find mode of distribution.
6. The weights (in pounds) of a sample of five boxes sent by UPS are: 12, 6, 7, 3 and 10. Compute
range and coefficient of range.
7. If M be the median and m be the mode of the numbers 10, 70, 20, 40, 70, 90, find the arithmetic
mean of M and m.
8. The time records of 11 students to get ready for college is recorded (in minute) as: 9, 8, 5, 10, 12,
15, 11, 10, 13, 12, 11. Find 3rd quartile and interpret it.
9. The average income of 100 persons in village A is Rs. 3500 and that of 150 persons in village B
is Rs. 4000. What is the average income of both the village put together?
10. Coefficient of variations of two series are 75% and 90% and their standard deviations are 15 and
18 respectively. Find their means.
11. In a class of 50 students 10 have failed and their average of marks is 2.5. The total marks
secured by the entire class were 281. Find the average marks of those have passed.
12. Calculate the range and the coefficient of range of the following data set.
X 15-20 20-25 25-30 30-35
F 8 21 15 4

Chapter – 4
1. Define the term sample space and exhaustive number of events.
2. Define mutually exclusive and independent events.
3. What is the difference between mutually exclusive and not mutually exclusive events? Give an
example of each.
4. There three coins tossed together. Draw the sample space. What is the probability of getting at
least two heads?
5. The probabilities of increasing and decreasing price of commodity are 0.35 and 0.55 respectively.
What is the probability of remains constant the price of the commodity?
6. A bag contains 4 black and 3 white balls. If two balls are drawn at random, what is the probability
that both balls are each color?
Internal Assignment, BBA/BCIS-III, Business Statistics Chandra K.C.

7. What is the chance that a leap year should have 53 Sundays?

Chapter – 5
1. If E(X) = 68 and Var(X) = 9, then compute E(5X+3) and Var(5X-3).
2. If E(X) = -0.1 and E (𝑋 2 ) = 1.5, compute E(4X+5) and Var(4X+5).
3. Compute the value of k and mean of the following probability distribution.
X 5 10 15 20
P(X) 0.1 k 0.2 0.4

4. A random variable X has the following probability distribution.

Values of X -2 -1 0 1 2 3
P(X) 0.1 k 0.2 2k 0.3 k
Find the value of k and calculate mean of the distribution.
5. State the necessary conditions of apply binomial distribution.
6. For a binomial distribution with n = 4, p = 0.45, Find P(X=3).
7. Three coins are tossed. What is the expected value of the number of heads?
8. Find the mean and standard deviation of binomial distribution if n = 400 and p = 0.30.
9. A box of one dozen eggs contains one bad egg. If three eggs are chosen at random, what is the
probability that one of them will be bad?
10. Mean and variance of binomial distribution are 6 and 4 respectively. Find n, p and q.
11. State the necessary conditions that Poisson distribution is obtained from binomial distribution.
12. The average number of customers who appear at a counter of a certain bank per minute is two.
Find the probability that during a given minute 3 or more customers appear.
13. Calculate mean and variance of a Poisson variable X, if P(X=4) = P(X=5).
14. Write down the area properties of normal distribution.
15. If Z is standard normal variate, then find the value of P(-1.65<Z<1.96).

Chapter – 6
1. Distinguish between parameters and statistics with example.
2. What happened to the width of confidence interval as the confidence level is increased? Justify
your answer.
3. Write any four differences of population and sample.
4. What is confidence interval? What do you understand by 95% confidence level?
5. Explain qualities of a good estimator.
6. Describe the importance of sampling.
7. In a lot of 500 apples 65 apples were found to be bad. Find the percentage of bad apples that may
be in the lot of 90% confidence level.
8. If a random sample of size 36 is draw from finite population of 400 units without replacement,
then find the standard error of the sample mean, if population S.D. is 10.
9. Explain the type I and type II error briefly.
10. Define null and alternative hypothesis with an example.
11. Compute a p-value if 𝑍𝑐𝑎𝑙 = 1.273 for a two tailed test.
Internal Assignment, BBA/BCIS-III, Business Statistics Chandra K.C.

12. If in a sample of size n = 64 selected from an underlying normal population, the sample mean =
56 and the sample standard deviation is 12. What is the value of test of statistics if you are testing
null hypothesis that µ = 50?
13. If in a sample of size n = 16 selected from an underlying normal population, the mean = 56 and
the sample standard deviation is 12, what is the value of test statistics if you are testing the null
hypothesis that µ = 50?