5482 [This question paper contains 4 printed pages.
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Sr. No. of Question Paper : 5482 H
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5. Explain the concept of expected value (mean) for a Name of the Paper : Basic Statistics for Economics
discrete random variable. How is it calculated?
Name of the Course : B.A. (PROG.) Hconomics
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Students : SOL Only
6. What are the characteristics of the uniform Semester 1"
distribution? How does it differ from other probability
Duration : 3 Hours Maximum Marks : 100/90
distributions?
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fin - itr i? I. Write your Roll No. on the top immediately on receipt
of this question paper.
7. What are the properties of estimators, and why are
2. Answer any five questions.
they important in statistical inference?
3. All questions carry equal marks.
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4. Answers may be written either in English or Hindi;
ffi ¥? but the same medium should be used throughout the
Paper.
8. Describe the process of hypothesis testing, including
the steps involved and the criteria for decision-making.
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5482 5482
2. fcatfaHjft}Gi]{an I traffic, not rainy and traffic) the probability of being
late is 0.25. You pick a random day.
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(a) What is the probability that it's not raining and
4. gaii¥T-Tiaiiti3iR ofanznfanfanvi5 viqTSrm, ffi there is heavy traffic and I am not late?
wh 3iTtt 5T TTcaF viF a in rfu I (b) What is the probability that I am late?
(c) Given that I arrived late at work, what is the
1. Explain the difference between range, variance, and probability that it rained that day?
standard deviation as measures of dispersion.
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2. Explain the terms Census and Sample. What are the Tgiv 6 giv iiTrm 1/2 €1 EF@ dr, rfe rfu I a
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3. In my town, it's rainy one third of the days. Given
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that it is rainy, there will be heavy traffic with
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probability I/2, and given that it is not rainy, there
will be heavy traffic with probability I/4. If it's rainy
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and there is heavy traffic, I arrive late for work with
4. Define a random variable and distinguish between
probability 1/2. On the other hand, the probability of
being late is reduced to I/8 if it is not rainy and there discrete and continuous random variables. Provide
is no heavy traffic. In other situations (rainy and no examples of each.
P.T.O.
