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Today's paper

MCQ were bit easy but subjective were mostly calculation

1) On the basis of following information, test the hypothesis (H0 & H1) and interpret the results.
Calculated value of t statistic = 7.65
n - k = 8
Level of significance = 5%
Critical value of t = 2.306
Null hypothesis: H0 = There is no relationship between two variables X and Y
Alternative hypothesis: H1 = There is significant relationship between two variables X and Y

2) i) State the Law of Demand
ii) Define Demand Function

3) Using the given information, calculate the value of t-statistics; also check its significance against critical value of t at 5% level of significance i.e. 2.306.
∑(Yt- t)2 = 65.4830
∑(Xt- )2 = 30, = 3.53

4) Following regression equation has been estimated using the quarterly data from the first quarter of 2013 (t=1) to the first quarter of 2015 (t=9):
St = 19.10 + 0.43t
By using linear trend projection method, find out the forecasted figures for the second and third quarters of year 2015.

5) Using given Multivariate function, determine the values of X, Y and profit (π).
π = 60X – 2X2 – XY – 5Y2 + 100Y

Sam thanks for sharing 

Your Welcome 

Sorry for late reply...

By Chaudhry Ikram
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