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MTH302 Final Term Solved Paper by Chanda

Business Mathematics & Statistics PDF 462 KBUpdated 23 Oct 2026
Final term past paper MTH302 Final Term Solved Paper by Chanda PDF 462 KB
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Final term past paper
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MTH302 Business Mathematics & Statistics
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PDF 462 KB
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23 Oct 2026
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MTH302 FINAL TERM SOLVED PAPER · BY CHANDA REHMAN · (VISIT VURANK FOR MORE)

Q1. Scatterplots are used only for (1 marks)

  1. quantitative variables
  2. mulivariables
  3. surplus varible
  4. None of these

Correct answer: mulivariables

Q2. If the CORRELATION function returns the #DIV/0 ! error value, what is the possible reason of the error? (1 marks)

  1. Array1 and Array2 have different number of data points.
  2. Either Array1 or array2 is empty.
  3. Array or reference argument contains text, logical values or empty cells.
  4. The arguments are names, arrays, or references that contain numbers.

Correct answer: Either Array1 or array2 is empty.

Q3. (1 marks)

  1. A college has 10 basketball players. A 5-member team and a captain will be selected out of these 10 players. How many different selections can be made?
  2. 1260
  3. 210
  4. 10C6 * 6!
  5. 10C5 * 6

Correct answer: 1260

Q4. An insurance company wants to predict sales from the amount of money they spend on advertising. Which would be the independent variable? (1 marks)

  1. (i) sales
  2. (ii) advertising
  3. (iii) insufficient information to decide
  4. (iv) Both (i)

Correct answer: (ii) advertising

and (ii) are correct.

Q5. Which of the following graphs is a visual presentation using horizontal or vertical bars to make comparisons or to show relationships on items of similar makeup? (1 marks)

  1. bar graph
  2. pie graph
  3. pictograph
  4. line graph

Correct answer: bar graph

Q6. In a positively skewed distribution (1 marks)

  1. The mean, median, and mode are all equal.
  2. The mean is larger than the median
  3. The median

Correct answer: The mean is larger than the median

is larger than the mean.

  1. The standard deviation must be larger than the mean or the median.

Q7. Which one of the following is not a component of the multiplicative time series model? (1 marks)

  1. trend
  2. irregular variation
  3. regression trend
  4. seasonality
  5. cyclicity

Correct answer: regression trend

Q8. (1 marks)

  1. How many number of times will the digit ‘7' be written when listing the integers from 1 to 1000?
  2. 300
  3. 252
  4. 304

Correct answer: 300

Q9. How many arrangements can be made of the letter BUSINESS (1 marks)

  1. 6723
  2. 6725
  3. 6720
  4. 6721

Correct answer: 6720

Q10. The moving averages represent ------------------ (1 marks)

  1. Time series variations
  2. Co-efficient of variations
  3. Statistical Dispersion
  4. Absolute deviation

Correct answer: Time series variations

Q11. The class frequency is (1 marks)

  1. The number of observations in each class
  2. The difference between consecutive lower class limits
  3. Always contains at least 5 observations
  4. Usually a multiple of the lower limit of the first class

Correct answer: The number of observations in each class

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