MODULE 1
EXCEL BASICS
Q1. Generate
i. 100 Random numbers
ii. 100 random numbers between 1000 and 5000
iii. 100 numbers in the above range in multiples of 100
iv. 50 random numbers between 100 and 1000 and then fix the numbers
Q2. Round 9827.5218 to
i. 3 decimal places
ii. 1 decimal place
iii. Integer
iv. Multiple of 10
v. Multiple of 100
vi. Lower multiple of 10
vii. Lower integer.
viii. Lower integer with 3 decimal places
ix. Higher number with 2 decimal places
x. Higher integer
xi. Higher multiple of 100
Q3. Enter the salaries of 10 employees in. Basic salary should be in range from 50000 to
500000. Now using appropriate functions/ formulas in Excel :
NAME DEPARTMENT BASIC DA TA GROSS TAX NET
(A/B/C) SALARY (10 % (5% SALARY SALARY
OF OF
BASIC) BASIC)
i. Sort the Employees in ascending order on the basis of departments and then in
descending order of their basic salary.
ii. Calculate the DA, TA, Gross, Tax and Net Salary using appropriate cell referencing.
iii. Find the highest net salary earned by the employees.
iv. Find the Total number of employees whose basic salary is more than 2 lakh.
v. Calculate total tax paid by employees of Department C.
vi. Find the minimum salary paid to employee of Department A
MODULE 2
MEASURES OF CENTRAL TENDENCY, VARIABILITY, DESCRIPTIVE
STATISTICS AND GRAPHS
Q1. Generate marks of 100 students in Business Statistics, Investment Management and
International Business. Marks should be in range from 0 to 160. Now using appropriate functions/
formulas in Excel :
ROLL SECTION MARKS IN MARKS IN MARKS IN
NO. (A/B) BUSINESS INVESTMENT INTERNATIONAL
STATISTICS MANAGEMENT BUSINESS
i. Fix the data values in a new sheet.
ii. Sort the Students in descending order on the basis of marks in Statistics and then in
Investment Management.
iii. Find total marks of students in each subject.
iv. Find the highest marks scored by the students in Business Statistics
v. Find the Total number of students who scored more than 150 marks in Business Statistics
vi. Calculate sum of IB marks of students who belong to Section A
Q2. For dataset in Q1. Calculate
i. Mean marks of students in each subject
ii. Median marks in each subject
iii. Modal marks in each subject
iv. Standard deviation of marks for each subject.
v. Range of marks for each subject
vi. Variance of each sample
vii. Skewness of each data set
viii. Kurtosis
Q3. For data set in Q1. Calculate the descriptive statistics using the data analysis toolpak.
Q4. Examine the impact on mean, median, mode and standard deviation of Statistics marks (Q1) if:
i. 20 is deducted from the marks obtained by each student
ii. The marks of all students are divided by 10
iii. 20 is subtracted and 10 is divided from each number in the range
Q5. Generate 100 random numbers between 100 and 1000. Make a less than and more than ogive
curve to represent the data
Q6. For data set generated in Q5, make a histogram with interval size 100
Q7. Generate 50 numbers between 1000 and 5000. Calculate
i. 25th percentile
ii. 50th percentile
iii. 75th percentile
iv. First Quartile
v. Second Quartile
vi. Third Quartile
vii. Interquartile range
Q8. Generate the marks of 50 students in a Class test (between 0 and 10). Create a pivot table and
chart for displaying the frequency distribution of the data
Q9. Generate the monthly salary of 100 employees of a company in the range of 10000 and 100000.
Create a pivot table for displaying the frequency distribution of the salary using the class interval size
of 10,000. Also represent the data graphically.
Q10. Generate the data for age of 100 teenagers who participated in a survey. Create a pivot table
and chart for displaying the frequency distribution as well as cumulative frequency of the data.
MODULE 3
PROBABILITY AND PROBABILITY DISTRIBUTIONS
Q1. An unbiased die is thrown at random, Find the probability that it is:
i. 3
ii. Greater than 4
iii. Between 3 and 6 (including the limits)
iv. Less than 4
Q2. From the given data calculate the probability that X is:
i. 2
ii. Between 1 to 3 (including the limits)
iii. Less than equal to 2
iv. Above 1
X 0 1 2 3
P(x) 0.2 0.3 0.1 0.4
Q3. A bag contains 5 white, 7 red and 8 black balls. If 4 balls are drawn one by another with
replacement, what is the probability that
i) None is white?
ii) All are white and
iii) Only 2 are white
iv) Less than 2 are white
Use appropriate functions in Excel for the calculation
Q4. The probability that a student entering the college will graduate is 0.4. Using Excel functions
determine the probability that out of 5 students
i) None will graduate
ii) One will graduate
iii) At least one will graduate
iv) More than 3 will graduate
v) All will graduate
Q5. Suppose the number of claims for missing baggage average 6 per day. Using Excel
formulas and Functions find the probability that on a given day, there will be
i) No claim
ii) Exactly 6 claims
iii) At least 2 claims
Q6. The number of calls arriving at an internet switch board of an office is 96 per hour. Find
the probability that there will be
i) not more than 3 calls in a minute on the board
ii) at least 3 calls in a minute on the board.
Q7. A project yielded an average cashflows of Rs. 550 lakhs and standard deviation cash
flow of Rs. 110. Calculate the following probabilities assuming the normal distribution
i) Cash flow will be more than 675 lakhs
ii) Cash flow will be less than and equal to 450 lakhs
iii) Cash flow will be between 425 lakhs and 750 lakhs
Q8. A workshop produces 2000 articles per daay. The average weight of a unit is 130 kg with
a standard deviation of 10 kg. Assuming normal distribution, how many units are expected
to weigh
i) less than equal to 142 kg
ii) more than 142 kg
Q9. The lifetime of a certain kind of battery has a mean life of 400 hours and std. dev as 45
hours. Assuming the distribution of lifetime to be normal, find:
1) The percentage of batteries with a lifetime of at least 470 hours
2) The proportion of batteries with a lifetime between 385 and 415 hours
3) The minimum life of the best 5% of batteries.
4) The maximum life of the worst 5% of batteries.
MODULE 4
CORRELATION AND REGRESSION ANALYSIS; FORECASTING AND
TREND
Q1. Generate 20 sets of values for 2 variables X and Y. Values of X should lie in the range of 1
and 100 and values of Y between 200 and 500. Calculate the pearson’s coefficient of
correlation between the variables. Also calculate the Regression coefficients of Y on X.
Q2. Given the following data (in 000s kg)
Production of wheat 100 120 130 150 180 220 250 230 230 240
Production of Rice 121 147 128 120 129 136 136 124 126 133
Production of corn 578 618 505 603 660 660 501 537 568 569
Find the correlation between:
1. Production of wheat and Rice
2. Production of wheat and corn
3. Production of rice and corn
Q3. Marks of 15 students in Internal Assessment and Final Exam is as under:
A0 A0 A0 A0 A0 A0 A0 A0 A0 A0 A0 A0 A0 A0 A0
Roll no 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15
INTERNAL
ASSESSMENT 49 46 38 38 50 38 48 51 58 65 52 45 58 48 64
FINAL EXAM 69 53 72 83 62 57 61 71 88 71 73 88 64 74 63
Calculate Spearman’s Rank Correlation Coefficient between Internal Assessement and Final
Exam marks using Rank.eq as well as Rank.avg. Which is more appropriate here? Why?
Q4. The advertising expenses and sales of the company in the last 10 months are given
below
Advertising Expense (in 1000s) 12 19 16 13 18 12 16 12 17 19
Sales (in lakhs) 10 15 14 6 16 8 8 9 12 15
Calculate the Spearman’s coefficient of correlation using ascending as well as descending
order in the functions. Do you get the same answers? Why or why not?
Q5. The returns of stocks of X Ltd and Y Ltd are given below:
RX 19 11 13 21 17 12 15 12 17
RY 11 19 11 16 10 18 21 12 21
1. Are the stock returns positively correlated to each other? Calculate Karl Pearson’s
coefficient of correlation.
2. Also calculate Spearman’s coefficient of correlation
Q6. For the given dataset
Price 10 11 12 13 14 15 16 17 18 19
Supply 43 46 49 50 54 55 61 65 68 72
Calculate
1. The regression coefficients (assuming that the Supply depends on the Price) using
appropriate Excel Functions.
2. Use Data Analysis to determine the coefficients of regression and verify the results
obtained in 1.
3. Fit a regression line.
4. What will be the supply if the price is Rs 25
5. Show the regression line graphically.
Q7. From the given data find
x 25 28 35 32 31 36 29 38 34 32
y 43 46 49 41 36 32 31 30 33 39
1. Pearson’s Correlation coefficient
2. The two regression equations
3. Prove that r=(bxy*bxy)1/2
Q8. Develop a spreadsheet to conduct the following trend series analysis by utilizing the
standard technique of least square regression
Year 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Output 69 65 78 79 87 88 89 90 92 99
1. What shall be trend value of output for the year 2030?
2. Prepare a suitable graph to depict actual and estimated output year-wise.
3. Also, find out the Coefficient of Correlation between Years and output.
MODULE 5
INDEX NUMBERS
Q1. Generate the Prices of 10 items A to J for Years 2022 and 2024 and their quantities for
2022. The Prices if the Items in year 2022 are in the range of Rs 26 to 35 and those for 2024
lie in the range of Rs 30 and 42. The quantities during the year 2022 are between 100 and 150.
Calculate Laspeyre’s Price Index for the data
Q2. Following are the price and quantity related data available for 4 commodities for base
and current year:
Item P0 P1 Q0 Q1
X1 20 40 8 6
X2 50 60 10 5
X3 40 50 15 15
X4 20 20 20 25
You are required to calculate price index using following methods:
(a) Laspeyre’s Price Index
(b) Paasche Price Index
Q3. Following are the price and quantity related data available for 10 commodities for base
and current year calculate Fisher Price index:
Item P0 P1 Q0 Q1
X1 35 102 42 112
X2 32 102 40 123
X3 32 101 39 114
X4 27 103 45 121
X5 30 105 37 111
X6 35 103 43 121
X7 33 104 37 120
X8 31 100 40 121
X9 28 102 36 116
X10 33 100 36 115
Q4. Following are the price and quantity related data available for five commodities for 2021
and 2023:
Year Po Qo P1 Q1
Commodity A 54 3000 71 2200
Commodity B 38 4500 59 5500
Commodity C 60 1000 110 1700
Commodity D 22 4500 34 5500
Commodity E 31 3400 42 5900
You are required to calculate price index using following methods:
(a) Laspeyre’s Price Index
(b) Paasche Price Index
(c) Fisher’s Price Index
