Statistics for Decision Making Final Spring 2026 Question Paper — Study Guide & FAQ

What is the Statistics for Decision Making Final Spring 2026 question paper?

This page hosts the Statistics for Decision Making Final Spring 2026 question paper for DIU BBA students studying Statistics for Decision Making (0542-213) during Spring 2026, Batch BBA 68. The PDF comes from our student archive — use it to learn the exam format, time yourself, and spot recurring topics.

What questions appear on this exam?

The transcript below shows real questions from this paper (OCR). Common themes include: a) b) C) Faculty of Business and Entrepreneurship Semester Final Examination, Summer 2026 Course Code: 0542-213, Course Title: Statistics for Decision Making Time: 02:00 Hours Section: 68A-68D; Teacher's initial: UFU, Kowbi Marks: 40 a) [Answer all the following questions. The figures in the right margin indicate the full marks and corresponding course outcomes Define Type-l error and Type-ll error. b) Demonstrate Multiple Linear Regression model with an example. (CLO 1L D) Marks: 2 (CLO 2, L; Marks: 3 (CLO3, L; Marks 5 b) A picnic committee is to be formed with 80 students of 2d year and 120 students of 1* year. Out of them, 45 students of 1" year are male and 28 students of 2 year are female. Develop a contingency table based on the above scenario il) If, a student is selected randomly, Identify the probability of - a) The student is from 2id year, b) The student is from 1" year and female, c) The student is male given that he is from 1" year Probability that a patient recovers from a liver disease is 0..

• a) b) C) Faculty of Business and Entrepreneurship Semester Final Examination, Summer 2026 Course Code: 0542-213, Course Title: Statistics for Decision Making…
• Marks: 3 (CLO3, L
• Marks 5 b) A picnic committee is to be formed with 80 students of 2d year and 120 students of 1* year. Out of them, 45 students of 1" year are male and 28 st…
• if 5 people are known to have (CLO 3, L
• this disease, Identify the probability that, Marks: 5 l) Exactly 4 people will be recovered il) At most 1 will be recovered iil) find the mean and variance o…
• Years of experience 24 4 43 7 47 6 51 35 5 38 5 Develop an estimated regression model and interpret the values of regression coefficients. Predict the salary…
• Marks: 6 (CLO 3, L
• b) Marks: 2 Utilize the formula of "Correlation Coefficient' and comment on your findings. (CLO 3, L

How should DIU BBA students use this past paper?

Attempt the full paper once without notes, then mark questions you could not finish in time. Compare your work with class notes, the course hub, and any answer scripts linked on this page. Repeat weak chapters one week before your real exam.