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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
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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