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3 C 23357

Give any four examples of Vital Statistics.
State the classical definition of probability
What do you mean by Crude birth rate ?
Give any two methods for measuring seasonal index.
State any two applications of derivatives in Economics.
Define curvature.
What are chain base index numbers ?
What is the probability that a leap year contains 53 Sundays ?
(10 x 2 = 20 marks)
Section C (Short Essay/Problem Type)

Answer any six questions.
Each question carries 5 marks.

What is meant by consumer price index ? What are its uses ?
What is meant by (i) Couple protection ratio ; (ii) Infant mortality rate.
Discuss the merits and demerits of trend fitting by principle of least squares.

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A firm produces x units of output per week at a total cost of Rs. ‏ل ع‎

Find the level at which the marginal cost and the average cost attain their respective minima
Explain the following terms associated with Index numbers: (i) Base shifting ; (ii) Splicing.
Describe the uses of Vital Statistics
State addition theorem and multiplication theorem in probability.
Write short notes on BSE-SENSEX and NSE-NIFTY.

(6 x 5 = 30 marks)

Section D (Essay Questions)

Answer any two questions.
Each question carries 12 marks.

Describe the components of Time series model

(a) Convert the following fixed base index numbers in to chain base index numbers.
Year : 1990 1991 1992 1993 1994 1995
FBI : 376 392 408 380 392 490

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