"why the You don't write a paper,however you get an extra credit. sentence has been split into two propositional sentences (2)~Q & (3)P and not ~QΛP ?"
I don't know the author's motivation, but it doesn't really affect the problem.
"There is an explanation given for the solution which I understood. Now, does that explanation can be summed up saying I wasn't able to apply any propositional laws to the sentences to derive the conclusion and hence it is invalid?"
Not really. You could have an incomplete set of laws and not come as able to derive the conclusion. Also, you might not know how to apply the laws to derive the conclusion. For example, I'm currently working on a propositional calculus proof which will have over 300 lines. If taken as an argument like this one (which it can in some sense), plenty of people might not know how to apply the laws to get to the conclusion. However, the argument still holds as valid.
"I mean is that how you generally solve the valid/invalid question?"
In general you show an argument invalid by showing that all the premises can come as true, but the conclusion can also come as false. To show an argument valid you either produce a formal proof, or you make a sufficiently rigorous argument such that we can know that a formal proof could get written.
"by trying to apply the laws to the sentences and see if it gives you the conclusion?"
That often works, because people find such arguments sufficiently rigorous such that they know (or at least believe they know) that a formal proof could get written.
"and if possible can someone explain about converse and inverse error in detail when it comes to prove the validity?"
The converse error referenced refers to the fact that from the consequent of a conditional as true, as well as the conditional holding as true, you can't conclude the antecedent of the conditional true also. That is,
(p $\rightarrow$ q)
q
p
is not a valid argument, where the parts above the line indicate the premises of the argument, and the part below the line indicates the conclusion of the argument. Suppose p false, and q true. Then (p $\rightarrow$ q) holds as true also. So, all the premises hold as true, but the conclusion can qualify as false.
The inverse error has the following form:
(p $\rightarrow$ q)
$\lnot$p
$\lnot$q
First off, I'll remark that if $\rightarrow$ was the biconditional in the first premise instead, this would NOT qualify as an error. But, given that it comes as the material conditional or implication as defined by the referenced site, then suppose q true, and p false. Both premises consequently qualify as true, but the conclusion does not, and consequently the argument ends up invalid.