Semester : SEMESTER 3
Year : 2015
Term : NOVEMBER
Branch : ECONOMICS WITH ISLAMIC FINANCE
Scheme : 2020 Full Time
Course Code : ECO 3B 03
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State any two limitations of Statistics.
What are deciles ?
Mention any two methods for measuring correlation.
D 92318
(10 x 2 = 20 marks)
Section C (Short Essay/Problem Type)
Answer any six questions.
Each carries 5 marks.
Define the following with examples.
(i) Transpose of a matrix ; (ii) Inverse of a matrix.
Explain the construction of a Pie diagram.
Solve the following system of linear equations using Cramer's Rule :
x+2y+z=8;2x—y+2z=6;3x+4y+z=14.
Define Geometric mean (G) and Harmonic mean (H). Compute G and H for 10, 20, 20 and 40.
Explain the Principle of least squares.
Distinguish between Regression and Correlation.
Define determinant of a matrix and state any four properties.
Obtain the equation of a straight line which passes through (1, 2) and (3, 4). Also find slope and
intercept.
(6 x 5 = 30 marks)
Section D (Essay Questions)
Answer any two questions.
Each carries 12 marks.
5.9
(i) Find the inverse of the following matrix: |2 6 8].
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(ii) Evaluate the determinant }1 5 004 |.
1 6.88
Explain any four measures of central tendency.
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