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# ECO404_Share your Current Mid Term Papers fall 2017

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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

By Chaudhry Ikram
Eco404
Hypothesis ka short aya aur forrcasting ka aur slop of horizontal staright line aur marginal profit aur incremantal profig ka short aya tha

Today Eco404 Paper
*Hypothesis
*forrcasting ka
*slop of horizontal staright line
*marginal profit
*incremantal profig

Graphically consumer's utility is maximized at a point where slop of budget line is equal to slop of indifference curve writhe down its mathematical form? 5 Marks

what is the difference between long run and short run? 3 Marks

thre quarter weighted average aya tha kuch figures di howi thi aur oun ka root sequar mean calculate karna tha 5 Marks

mostely theoratical paper tha mcq ziyada mushkil nahi thy

finding table. Calculate root mean square from this information.
 Quarter Firm’s actual share (A) 3-Quarter moving average (F) 1 19 - 2 24 - 3 17 - 4 16 20.00 5 20 19.00 6 23 17.67 7 24 19.67 8 25 22.33

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