Quantitative techniques
Previous year question paper with solutions for Quantitative techniques
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- Discuss the importance and limitations of statistics.
- What is non-probability sampling? Give its advantages and disadvantages.
- Using an example, explain the use of z test.
- What is regression analysis? Explain the difference between correlation and regression analysis
- What is time series analysis? Explain its components.
- Explain multiplication theorem of probability using examples.
- Compute the mean, median, mode, range and inter-quartile range for following data : 2, 3, 1, 2, 6, 4, 2, 1, 5, 3, 2, 3, 1, 2, 2, 1, 3,1, 2, 2, 4, 2, 1, 2, 8, 3, 2, 1, 1, 3.
- Describe general methods of assigning probabilities.
- Distinguish between discrete and continuous random variables.
- How to estimate a population mean from a sample mean when population standard deviation is known and when it is unknown?
- Explain the difference in testing hypothesis process of two independent and related populations.
- Discuss covariance and correlation as methods of association are similar and different from each other.
- Explain the Classification and Tabulation of data.
- Differentiate between Probabilistic and Non-Probabilistic sampling.
- Discuss the various errors in Hypothesis Testing. Also explain the Significance Level Confidence Level and Degrees of Freedom.
- What is the significance of Karl Pearson’s coefficient of correlation? How is it different from Spearman’s Coefficient of Correlation?