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Important Questions for "Quantitative Techniques":

[1]

  1. Write the importance of index numbers.
  2. Discuss the objectives of regression analysis. Why are there two regression lines? Under which condition may there be only one regression line?
  3. Write short notes on schedules.

[2]

  1. Explain Quantitative techniques of Forecasting.
  2. Explain the importance of technology in production.
  3. Explain various objectives, elements and significance of forecasting.

[3]

  1. Mean of 100 items is found to be 30. If at the time of calculation, two items are wrongly taken as 32 and 12 instead of 23 and 11, find the correct mean.
  2. From the given data, obtain the two regression equations.
  3. What is an index number? Explain the terms price relative, quantity relative and value relative. Discuss in brief the uses of an index number.

[4]

  1. Find the missing value from the given table showing the age of the mother and the average number of children born per mother.
  2. Calculate the missing frequency from the given data where the median is provided.
  3. Explain the meaning, classification, and importance of tabulation of statistical data. Discuss the different methods of classification.

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