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Mb0040 (600 Rs) Statistics for Management Assignments Feb 11

# Mb0040 (600 Rs) Statistics for Management Assignments Feb 11

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SMU Assignments @ *00 Rs Per Semester
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Feb Drive 2011
MBA SEMESTER 1
MB0040 ± STATISTICS FOR MANAGEMENT- 4 Credits
(Book ID: B1129)

Assignment Set- 1 (60 Marks)

Note: Each question carries 10 Marks. Answer all the questions

1. (a) What is the difference between a qualitative and quantitative variable?[5 Marks](b) A town has 15 neighbourhoods. If you interviewed everyone living in oneparticular neighbourhood, would you be interviewing a population or a samplefrom the town? Would this be a random sample? If you had a list of everyoneliving in the town, called a frame, and you randomly selected 100 people fromall neighbourhoods, would this a random sample? [5 Marks]2. a) Explain the steps involved in planning of a statistical survey? [5 Marks]b) What are the merits & Demerits of Direct personal observation and IndirectOral Interview? [5 Marks]3. a) Draw Ogives from the following data and measure the median value. Verifyit by actual calculations. [5 Marks]Central size 5 15 25 35 45Frequency 5 11 21 16 10b) Complete the following distribution, if its Median is 2,600 and compute thevalue of Arithmetic Mean. [5 Marks]Size 1000- 1500 1500- 2000 2000- 2500 2500 - 3000 30 00- 40 004000 - 5000 5 000- 6 000TotalFrequency 120 ? 400 500 ? 50 20 1500 4. a) What is the main difference between correlation analysis and regressionanalysis? [5 Marks]b) In a multiple regression model with 12 independent variables, what are thedegrees of freedom for error? Explain? [5 Marks]5. a) Discuss what is meant by Quality control and quality improvement.[5 Marks]b) What are the limitations of a quality control charts? [5 Marks]
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Feb Drive 2011
6. a) Suggest a more suitable average in each of the following cases:[5 Marks](i) Average size of ready-made garments.(ii) Average marks of a student.b) State the nature of symmetry in the following cases: [5 Marks](i) When median is greater than mean, and(ii) When Mean is greater than median.

Feb Drive 2011
MBA SEMESTER 1
MB0040 ± STATISTICS FOR MANAGEMENT- 4 Credits
(Book ID: B1129)

Assignment Set- 2 (60 Marks)

Note: Each question carries 10 Marks. Answer all the questions

1. What are the characteristics of a good measure of central tendency?[5 Marks](b) What are the uses of averages? [5 Marks]2. For each one of the following null hypothesis, determine if it is a left-tailed, aright-tailed, or a two-tailed test. [10 Marks}a.

__ b. P
0.5c. µ is at least 100.G.

-20e. p is exactly 0.223. What is test statistic? Why do we have to know the distribution of a teststatistic? [10 Marks]4. Suppose you are sampling from a population with mean µ= 1,065 andVWDQGDUG GHYLDWLRQ 1 = 500. The sample size is n=100. What are the expectedvalue and the variance of a sample mean ? [ 10 Marks]5. The time it takes an international telephone operator to place an overseasphone call is normally distributed with mean 45 seconds and standarddeviation 10 seconds. [10 Marks]a) What is the probability that my call will go through in less than 1 minute?b) What is the probability that I will get through in less than 40 seconds?6. The following data are the number of tons shipped weekly across the pacificby a shipping company. [10 marks]

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