University of Mumbai Examinations Summer 2022 Quantitative Analysis Time: 2 hour 30 minutes Max. Marks: 80 ===================================================================== Choose the correct option for following questions. All the Questions are Q1. compulsory and carry equal marks 1. Which of the following are known as the types of research data? Option A: Organised data and unorganised data Option B: Qualitative data and quantitative data Option C: Processed data and unprocessed data Option D: Original data and non original data 2. Option A: Option B: Option C: Option D: Which of the following statements is true about the census? The census involves a process of choosing a few units out of the entire population for collecting data The census involves a process of organising and publishing the data The census involves a process of collecting data from each and every unit The census involves a process of segregating the data 3. Option A: Option B: Option C: Option D: Of the following sampling methods, which is a probability method? Judgement Quota Simple random Convenience 4. Option A: Option B: Option C: Option D: In regression analysis, the variable that is being predicted is; the independent variable the dependent variable usually denoted by x usually denoted by r 5. Option A: Option B: Option C: Option D: If the slope of the regression equation y = bo + b1x is positive, then; as x increases y decreases as x increases so does y either a or b is correct as x decreases y increases 6. Option A: Option B: Option C: Option D: Estimation is the branch of. Statistic Statistical Method Both A and B Statistical Inference 7. Option A: Option B: Option C: Option D: A statement made about a population for testing purpose is called? Statistic Hypothesis Level of Significance Test-Statistic 8. If the null hypothesis is false then which of the following is accepted? 1|Page Option A: Option B: Option C: Option D: Null Hypothesis Positive Hypothesis Negative Hypothesis Alternative Hypothesis 9. Option A: Option B: Option C: Option D: In MLR, the square of the multiple correlation coefficient or R2 is called the Coefficient of determination Variance Covariance Cross-product 10. Option A: Option B: Option C: Option D: Among these, which sampling is based on equal probability? Simple random sampling Stratified random sampling Systematic sampling Probability sampling Q2 Solve any Four Questions out of Six A B C D E F Distinguish between Histogram and Component Bar Diagram Explain the different sources of collecting primary data Explain MAE, MAPE, MSE, RMSE and R2 Write a note on Multiple Linear Regression with different regression lines Explain properties of good estimators Explain null and alternate hypothesis Q3 Solve any Two Questions out of Three A Explain Type I and Type II error in testing of hypothesis Analyse the data and draw all possible samples of size 2 from the population [8, 12, 16] and verify the following i. E(ȳ) = Ȳ ii. E(s2) = S2 iii. Find the variance of estimate of sample mean ȳ and show that it agrees with the formula (N – n / nN) S2 iv. V (ȳSRSWR) = V (ȳSRSWOR) Analyse the data and calculate the following B i. ii. C 5 marks each 10 marks each Regression equation of sales on intelligence test scores of salesmen If the intelligence test score of a salesmen is 45 what would be the expected weekly sales 2|Page Q4 A B C Solve any Two Questions out of Three 10 marks each Analyse the data find the goodness of fit Y -> -3.7, 3.5, 2.5, 11.5, 5.7 X1 -> 3, 4, 5, 6, 2 X2 -> 8, 5, 7, 3, 1 Analyse the data and find the Biased and Unbaised population parameter n = 6, {6, 10, 13, 14, 18, 20} Explain Neyman Pearson Lemma – MP and UMP tests 3|Page