B.Com In Banking & Insurance (BCBI) Sem I 2016 2017 March 2017 QUANTITATIVE METHODS Question Paper - Mumbai University | munotes

Questions asked in this paper

• hs . Figures to the right indicate full marks

1. Q8 Diagrams and graphs are pictorial representation of tabular data which is understand by acommon
2. Q10 Median can be found graphically with the help of histogram Prepare less then, greater than cumulative frequency and less than, greater then relative frequency for the
   • b. Draw histogram and find mode graphically for the following data Calculate arithmetic mean for the following frequency table
   • d. Compute and for the following data No. of os 07 12 28 22 10 08
3. Q3 a. Calculate quartile deviation and co-efficient of quartile deviation for the sales of 50 shops
   • b. Calculate the standard deviation of the height of 8 children Height on cm Calculate co-efficient of correlation between height of father and height of son
   • D. Calculate co-efficient of rank correlation between the marks in test x and test
   • Q.P. Code :00068
4. Q4 a. Following is the pay matrix corresponding to four states of nature $3, Ss and four courses of action Aa. Az, As, Aa State of nature Probability of
   • b. variable having the probability function. 7
5. Q4 c. Find the Marshall — Edgeworth index number for the following data with 1995 as the base year 40 years of age, the tabulated annual premium for an endowment policy for 20 years is Rs.50.70 (07) per thousand.-A person wants to buy a sum assured Rs.3,00,000 and pay premium every month The company adds extra 5% on the tabulated premium for the monthly payment but offers a reduction of Rs 2 per thousand.for a policy with sum.assured more than Rs. 1,00,000. Find the net monthly premium that the Explain different types of ogives. (08) b,. Write down the properties of arithmetic mean (07)
6. Q5 C. (any three) 15 marks
7. Q1 Characteristics of good measures of dispersion
8. Q2 Concept of correlation
9. Q3 Properties of normal:curve
10. Q4 Limitations of Index numbers
11. Q5 Explain the terms{i) bonus lapse in insurance

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