M.A. (Economics) (Semester II) (CBCS) Examination, 2017
Quantitative Technique For Economics- II (HCT 2.2) Ii
Day Date: Friday, 21-04-2017 Max. Marks: 70
Time: 10.30 AM to 01.00 PM
N.B. All questions are compulsory.
Figures to the right indicate full marks.
Q.1 Choose the correct option: 14
When the data is arranged, middle value in the set of
observation is called as
Median b)Mean Variance Standard deviation
Seasonal variations are
Sudden Long run Short runs None of these
A time series consist of
Short term variations Long term variations
Irregular variations All of the above
Formula of simple growth rate
(present value- past value) (past value)* 100
(past value- present value)/ (present value)*100
(past value- present value) (past value)*100
None of them
A coefficient of correlation is computed to be -0.95 means that
The relationship between two variables is weak.
The relationship between two variables is strong and
positive.
The relationship between the variables is strong and but
negative.
None of these
Paasche's index number is
Degree of circle
100 260 360 None of these
Q.2 Short notes (any four out of five) 14
Importance of Time Series Analysis
Types of bar diagram
Index number
Compound annual growth rate
Line diagraph
Page 1 of 2
Q.3 Short answer type questions (any two out of three). 14
Fit the trend line to the following data. Hence estimate sales in
2019.
Year 2011 2012 2013 2014 2015 2016 2017
Sales 10 14 17 20 26 25 32
Calculate the Laspeyre's Index Number from the following
data.
Commodity
Base year Current year
Price Quantity Price Quantity
A 6 50 10 56
B 2 100 2 120
C 4 60 6 60
D 10 30 12 24
Represent the following data by a suitable diagram.
Year
Percentage employed
Men Women Children
2014 45 35 20
2015 44 34 22
2016 48 36 16
Q.4 Descriptive types questions with internal choice (any one) 14
Draw the trend line by the method of semi- average form
following data.
Year 2009 2010 2011 2012 2013 2014 2015
Export of
dry foods
(in lacks
rupees)
34 38 36 42 45 44 49
Prepare a frequency polygon from the following data.
Class Frequency
0-5 6
5-10 8
10-15 10
15-20 15
20-25 13
25-30 8
30-35 5
Q.5 Computes the numbers from the following data using. 14
Laspeyre's
Paasche's
Fisher's Ideal index
Base year Current year
Commodity Quantity Price Quantity Price
A 8 4 10 9
B 7 3 8 5
C 6 4 5 8
D 5 2 7 4