Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Save to My Library
Look up keyword
Like this
4Activity
0 of .
Results for:
No results containing your search query
P. 1
Statistics for Management

Statistics for Management

Ratings: (0)|Views: 418 |Likes:
Published by R. Sidharth

More info:

Published by: R. Sidharth on Nov 19, 2009
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

12/12/2013

pdf

text

original

 
ASSIGNMENTS
 
MB 0024(3 credits)Set 1Marks 60STATISTICS FOR MANAGEMENT
ANSWER ALL QUESTIONS
Case 1
ABC Branch of XYZ Bank has decided to give 10 Lakh of loan each on long term basis to only two of theircustomers (accountholders), who are businessmen of the locality. About 20 businessmen had applied forloan in order to develop their business further. In order to reject some of the applications (as the fund waslimited), the Bank decided that accountholder who had maintained a minimum balance of 50000 INRwould only be considered for the loan. As a result, 10 applications were automatically rejected as theywere not satisfying the requirement of minimum balance. Now, the 10 applications remained and it wasfound that monthly minimum balance in all the cases were more than 50000 INR for the last 12 months.Their account details of monthly minimum balance are given below.MonthsMonthly Minimum Balance in INRA/CHolder1A/CHolder2A/CHolder 3A/CHolder4A/CHolder5A/CHolder6A/CHolder7A/CHolder8A/CHolder9A/CHolder10Jan,200860000 56000 66000 86000 56000 59000 59000 52000 53000 56000Feb,200870000 76000 74000 96000 76000 96000 78000 73000 98000 76000Mar,200855000 110000112000 190000 110000120000115000112000113000120000Apr,200890000 89000 90000 98000 89000 97000 87000 93000 66000 89000May,200856000 88000 84000 84000 88000 98000 90000 89000 87000 86000Jun,200880000 52000 57000 57000 52000 57000 55000 54000 59000 72000Jul,200882000 58000 96000 66000 58000 56000 86000 55000 98000 98000Aug,200879000 95000 55000 93000 95000 98000 99000 96000 59000 95000Sept,200851000 86000 76000 74000 86000 88000 89000 97000 87000 84000Oct,200895000 90000 95000 99000 90000 99000 95000 99000 95000 90000Nov,200882000 82000 87000 84000 82000 88000 87000 88000 86000 82000Dec,200883000 55000 56000 57000 55000 59000 59000 59000 52000 53000
 
 You as an Assistant Branch Manager of the Bank are entrusted the task of selecting two account holdersfor sanctioning the loans. How you will select the two individuals among the 10 applicants to give the loanusing appropriate statistical techniques? Give proper justification for your selection.

Activity (4)

You've already reviewed this. Edit your review.
1 thousand reads
1 hundred reads
mayuran910 liked this
amyacker liked this

You're Reading a Free Preview

Download
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->