Semester : SEMESTER 4
Year : 2016
Term : MAY
Branch : ECONOMICS WITH ISLAMIC FINANCE
Scheme : 2020 Full Time
Course Code : ECO 4B 05
Page:3
16.
it:
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.
83.
82.
Define weighted index numbers.
What is meant by cost of living index number ?
Define Fisher’s index number
What is meant by vital records ?
Define crude death rate.
Define age specific birth rate.
Define random experiment.
Define mutually exclusive events.
Find the probability of getting at least one head when two coins are tossed.
C 4027
(10 x 2 = 20 marks)
Part C (Short essay questions)
Answer any six questions.
(5x -2)"
3
Differentiate with respect to x.
Explain the concepts of total cost function, marginal cost function and average cost.
The revenue function is R = 14x - x? and the cost function is T = x (x* — 2). Find the marginal
functions, equilibrium position and profit function.
What is an index number. Define Laspeyer’s and Paschee’s Index numbers ? What the tests to be
satisfied by an ideal index number ?
What are the different mortality rates used in vital statistics ? Explain.
What is meant by General fertility rate and specific fertility rate ?
State addition theorem on probability for two events. What will happen if the events are disjoint ?
த்
Given P(A) = 3
௮)-3, ೫(&೫)-33. ೫067 (9).
(6 x 5 = 30 marks)
Turn over