Past Exam Paper
LUBS5000M
The question paper consists of 8 printed page, each of which is identified by the Code Number LUBS5000M
Statistical Tables Graph Paper
LUBS5000M
UNIVERSITY OF LEEDS
January 2010
Examination for the degree of MA Accounting and Finance MSc Banking and Finance MSc International Finance MSc Management MSc International Business QUANTITATIVE METHODS Time allowed 3 hours Answer ALL questions.
Section A (answer ALL questions) Section A carries 20% of the overall marks.
1. It is possible to find the inter-quartile range of a set of data by plotting an ogive and reading off the appropriate values. A. B. True False
2. Two events A and B are not mutually exclusive. This means A. B. C. D. Whether A occurs does not affect the probability that B occurs A and B can occur together The probability of A is one minus the probability of B. A and B cannot occur together
P.T.O.
LUBS5000M
3. The following information is calculated from a grouped frequency table, fx= 391 fx2 = 4181. What is the standard deviation of x? A. B. C. D. 8.71 4.74 22.47 cannot be calculated from the above information
f = 50
4. A random sample of 150 people is asked whether they smoke or not and 30 per cent say that they do. What is the 95% confidence interval for the percentage of the population who say they smoke? A. B. C. D. 22.67% to 37.33% 25% to 35% 27.50% to 32.50% 20.35% to 39.65%
5. The start of an exponential smoothing process with an alpha of 0.2 is as follows: Period Actual Forecast 1 1020 2 940 1020 3 920 1004 4 950 What will be the forecast for period 4? A. B. C. D. 1020.8 966.8 875.4 987.2
6. A life insurance salesman sells on average 2.5 life insurances policies per week. What is the probability that he will sell some policies in a given week? A. B. C. D. 0.9179 0.7627 0.9750 0.0821
P.T.O.
LUBS5000M
7. Assuming that the salesman in question 6 works a five day week what would be the probability that he sells one policy each day? A. B. C.
The question paper consists of 8 printed page, each of which is identified by the Code Number LUBS5000M
Statistical Tables Graph Paper
LUBS5000M
UNIVERSITY OF LEEDS
January 2010
Examination for the degree of MA Accounting and Finance MSc Banking and Finance MSc International Finance MSc Management MSc International Business QUANTITATIVE METHODS Time allowed 3 hours Answer ALL questions.
Section A (answer ALL questions) Section A carries 20% of the overall marks.
1. It is possible to find the inter-quartile range of a set of data by plotting an ogive and reading off the appropriate values. A. B. True False
2. Two events A and B are not mutually exclusive. This means A. B. C. D. Whether A occurs does not affect the probability that B occurs A and B can occur together The probability of A is one minus the probability of B. A and B cannot occur together
P.T.O.
LUBS5000M
3. The following information is calculated from a grouped frequency table, fx= 391 fx2 = 4181. What is the standard deviation of x? A. B. C. D. 8.71 4.74 22.47 cannot be calculated from the above information
f = 50
4. A random sample of 150 people is asked whether they smoke or not and 30 per cent say that they do. What is the 95% confidence interval for the percentage of the population who say they smoke? A. B. C. D. 22.67% to 37.33% 25% to 35% 27.50% to 32.50% 20.35% to 39.65%
5. The start of an exponential smoothing process with an alpha of 0.2 is as follows: Period Actual Forecast 1 1020 2 940 1020 3 920 1004 4 950 What will be the forecast for period 4? A. B. C. D. 1020.8 966.8 875.4 987.2
6. A life insurance salesman sells on average 2.5 life insurances policies per week. What is the probability that he will sell some policies in a given week? A. B. C. D. 0.9179 0.7627 0.9750 0.0821
P.T.O.
LUBS5000M
7. Assuming that the salesman in question 6 works a five day week what would be the probability that he sells one policy each day? A. B. C.