B.Com In Banking & Insurance (BCBI) Sem I ATKT QUANTITATIVE METHODS I Question Paper - Mumbai University | munotes

Questions asked in this paper

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• 2. Figures to the right indicate marks

1. Q3 Graphs to be provided on required
2. Q1 A) Multiple Choice Questions. (any 8) 8 marks
3. Q1 The difference between the upper limit and lower limit of class is called of
4. Q2 Rank correlation coefficient we find between the ranks
5. Q3 is a measure of Centeral Tendency
6. Q4 In Paasche’s Index Number year quantity is used
7. Q5 Range is determined only by point in a data set
8. Q6 The total area under normal curve is
9. Q7 Ifan Insurance premium is not paid within the period, the policy lapses
10. Q8 In criteria the decision maker calculates the average out come for every
11. Q9 If B are independent event then conditional probability (A/B) =
12. Q10 For less than curve cumulative frequency are plotted against the limit of class
13. Q1 B) Match the following. (any 7) 7 marks
14. Q2 A) Calculate Quartile Deviation and Co-efficient of Quartile Deviation for the following. 8 marks
15. Q2 B) Calculate Mean Deviation from Mean from the following. 7 marks
16. Q2 C) Calculate co-efficient of correlation between Demand and Price. 8 marks
17. Q2 D) Calculate Regression equation of variables X on Y and Y on X. 7 marks
18. Q3 A) Calculate Mean and variance of “X” from the following probability. 8 marks
    • B) Acard is drawn at Random well shuffled full pack of cards. Events A and B are defined as follows A: is the event that the card is a heart B: is the event that the card is a Queen Find P(A and what is the event of P(A 7
19. Q3 C) Calculate and for the following. 8 marks
20. Q3 D) Calculate Index Number using Weighted Average of Relative method. 7 marks
21. Q4 A) Find Class Width, Class mark, less than cumulative frequency greater than cumulative frequency, and Percentage frequency from the following 8 marks
22. Q4 C) Mr. X wishes to take a Life Insurance Policy of Rs. 3,00,000 with the tabulated rate of Annual Premium at Rs. 55.30 per thousand. The company allows a 4% reduction on the tabulated Amount for yearly payment and Rs. 2 reduction per Rs. 1000 of the Assured sum. Calculate Annual Premium and Net Monthly Premium 8 marks
23. Q4 D) Calculate Arithmetic Mean & Median for the following. Height. In cm 7 marks
24. Q5 A) Explain various Index Numbers calculated in India. 8 marks
    • B) Explain various types of correlation. 7
25. Q5 C) Write short notes on (any 3) 15 marks
26. Q1 Paid up value in insurance
27. Q2 Types of Ogives
28. Q3 Merits and demerits of Median
29. Q4 Characteristics of good measure of dispersion Explain : a) Probability of an event
    • b) Complementary event

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