Semester : SEMESTER 3
Year : 2022
Term : NOVEMBER
Branch : ECONOMICS WITH ISLAMIC FINANCE
Scheme : 2020 Full Time
Course Code : ECO 3B 03
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Section C (Long Essay Questions)
Answer any two questions.
Each question carries a maximum of 10 marks.
Define Linear Regression ? Briefly explain the estimation procedure of Principle of Ordinary Least
Squares.
The scores of two batsman A and B in ten innings during a certain season are :
A 1 28 47 63 71 39 10 60 96 14
B : 31 48 53 67 90 10 62 40 80
Find (using Co-efficient of Variation) which of the two batsmen A or B is more consistent in scoring.
Explain different types of functions and its applications in Economic analysis.
(i) Find the Inverse of a matrix :
12 3
1 3 5.
1 5 12
(ii) Solve using Crammer’s rule :
5 + + = 2
2४ - 3) = 23
(2 x 10 = 20 marks)
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