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MB0024 - SM

MB0024 - SM

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Published by Srinath
MBA - SMUDE, Sem 1 assignment,2009-2011 batch
MBA - SMUDE, Sem 1 assignment,2009-2011 batch

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Published by: Srinath on Jun 18, 2010
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09/24/2010

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MB0024: Statistics forManagement
[Assignment – SET1 & SET2]
Name: P. SrinathSMDUE ID: 520923307Center: Mehbub College Campus, SecunderabadSubject Code: MB0024Subject: Statistics for Management
 
ASSIGNMENT MBA SEM I Subject Code:MB0024 – SET 1
1.Case 1ABC Branch of XYZ Bank has decided to give 10 Lakh of loaneach on long term basis to only two of their customers(accountholders), who are businessmen of the locality. About20 businessmen had applied for loan in order to develop theirbusiness further. In order to reject some of the applications (asthe fund was limited), the Bank decided that accountholderwho had maintained a minimum balance of 50000 INR wouldonly be considered for the loan. As a result, 10 applicationswere automatically rejected as they were not satisfying therequirement of minimum balance. Now, the 10 applicationsremained and it was found that monthly minimum balance inall the cases were more than 50000 INR for the last 12 months.Their account details of monthly minimum balance are givenbelow.
2 |Page
MB0024520923307
 
 You as an Assistant Branch Manager of the Bank are entrustedthe task of selecting two account holders for sanctioning theloans. How you will select the two individuals among the 10applicants to give the loan using appropriate statisticaltechniques? Give proper justification for your selection.
3 |Page
MB0024520923307
MonthsMonthly Minimum Balance In INA/CHolder1A/CHolder2A/CHolder3A/CHolder4A/CHolder5A/CHolder6A/CHolder7A/CHolder8A/CHolder9A/CHolder10 jan,2008
60000 56000 66000 86000 56000 59000 59000 52000 53000 56000
feb,2008
70000 76000 74000 96000 76000 96000 78000 73000 98000 76000
mar,2008
55000 110000 112000 190000 110000 120000 115000 112000 113000 120000
apr,2008
90000 89000 90000 98000 89000 97000 87000 93000 66000 89000
may,2008
56000 88000 84000 84000 88000 98000 90000 89000 87000 86000
 jun,2008
80000 52000 57000 57000 52000 57000 55000 54000 59000 72000
 jul,2008
82000 58000 96000 66000 58000 56000 86000 55000 98000 98000
aug,2008
79000 95000 55000 93000 95000 98000 99000 96000 59000 95000
sep,2008
51000 86000 76000 74000 86000 88000 89000 97000 87000 84000
oct,2008
95000 90000 95000 99000 90000 99000 95000 99000 95000 90000
nov,2008
82000 82000 87000 84000 82000 88000 87000 88000 86000 82000
dec,2008
83000 55000 56000 57000 55000 59000 59000 59000 52000 53000
Total
883000 937000 948000 1084000 937000 1015000 999000 967000 953000 1001000

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