MTH302 Midterm Past Paper by Most Wanted

MTH302 mid term paper of shared by MOST WANTED · FINALTERM EXAMINATION Spring 2010 · MTH302- Business Mathematics & Statistics · SHARED BY MOST WANTED · Time: 90 min

An arrangement of data by successive time periods is called a

1. Exponential Smoothing
2. Time Series
3. Combination
4. Permutation

What is the probability of choosing a vowel from the alphabet?

1. 21/26
2. 5/26
3. 1/21
4. 2/21

What is the probability of scoring 11 when you roll two dice?

1. 1/18
2. 2/18
3. 1/36
4. 3/18

If sign of r is negative then it indicates

1. Direct relationship between X & Y
2. Indirect relationship between X & Y
3. X & Y equal
4. X & Y are square

The answer of the SUMIF function in the above diagram is:

1. 763
2. 663
3. 613
4. 513

Two dice are rolled and the numbers are added together. The probability of the total being 12 is

1. True
2. False

Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18. For this sample, which measure of central tendency is least representative of the "typical" student?

1. Mean
2. Median
3. Mode
4. Midrange

The experimental region is the range of the previously observed values of the dependent variable.

1. False
2. True

----------- should be of equal size.

1. Intervals
2. table
3. frequency
4. mean

Let’s assume that you are receiving 1000 Rs. every year, and you invested each payment at 5%. The amount you would have at the end of five years period is referred as

1. Final Value
2. Cumulative interest
3. Accumulated value
4. Principal value

The point where a straight line cuts the X-axis is called

1. slope
2. starting point
3. y-intercept
4. x-intercept

Which ratio is equal to 15:20?

1. 21 to 28
2. 5 to 10
3. 18:25
4. None of these

Reduction from original selling Price is called ………

1. Loss
2. List price
3. Profit
4. Markdown

This example returns the present value of an investment that pays Rs. 100 at the end of every year for 10 years. The money paid out will earn 5.25% annually.

1. =PV (5.25%/1, 10*1, 100, 0)
2. =PV (5.25%/1, 10*1, 100, 1)
3. =PV (5.25%/12, 10*1, 100, 0)
4. =PV (5.25%/1, 10*12, 100, 1)