lall 2011 AugusL drlve

MBA SEMESTER 1
MB0040 Statistics For Management- 4 Credits
Book ID: B1129)
Assignment Set- 1 Marks)
Note: Each question carries 1 Marks. Answer aII the questions

1. (a) Statistics is the backbone oI decision-making`. Comment. | 5 marks|
(b) Give plural meaning oI the word Statistics? | 5 marks|
LLp//wwwscrlbdcom/doc/66060902/63864312M80040 8efer C1

2. a. In a bivariate data on x` and y`, variance oI x` 49, variance oI y`
9 and covariance (x,y) -17.5. Find coeIIicient oI correlation between
x` and y`. | 5 marks|
b. Enumerate the Iactors which should be kept in mind Ior proper
planning. | 5 marks|

3. %he percentage sugar content oI %obacco in two samples was represented
in table 11.11. %est whether their population variances are same.
| 10 marks|
Table 1. Percentage sugar content of Tobacco in two samples
Sample A 2.4 2.7 2.6 2.1 2.5
Sample B 2.7 3.0 2.8 3.1 2.2 3.6

4. a. Explain the characteristics oI business Iorecasting. | 5 marks|
b. DiIIerentiate between prediction, projection and Iorecasting.
| 5 marks|
A) LLp//ecommerceosLlplnfo/pages/437/lorecasLlng8uslnessLml
B) LLp//enwlklpedlaorg/wlkl/redlcLlon LLp//enwlklpedlaorg/wlkl/ro[ecLlon
LLp//enwlklpedlaorg/wlkl/lorecasLlng

lall 2011 AugusL drlve
5. hat are the components oI time series? Bring out the signiIicance oI
moving average in analysing a time series and point out its limitations.|
10 marks|
LLp//www[assLyleblogspoLcom/2008/12/componenLsofLlmeserlesLml

6. ist down various measures oI central tendency and explain the
diIIerence between them? | 5 marks|
b. hat is a conIidence interval, and why it is useIul? hat is a
conIidence level? | 5 marks|
LLp//sLaLlsLlcslaerdcom/sLaLlsLlcalguldes/measurescenLralLendencymeanmode
medlanpp
LLp//enwlklpedlaorg/wlkl/Confldence_lnLerval

MBA SEMESTER 1
MB0040 STATSTCS FOR MANAGEMENT- 4 Credits
Book ID: B1129)
Assignment Set- 2 Marks)
Note: Each question carries 1 Marks. Answer aII the questions
1. (a) hat are the characteristics oI a good measure oI central tendency? |
5 marks|
(b) hat are the uses oI averages? | 5 marks|
LLp//wwwLransLuLorscom/omeworkelp/SLaLlsLlcs/CenLral+1endency/goodaverage
caracLersLlcsaspx
LLp//wwwpubllsyourarLlclesorg/knowledgeub/sLaLlsLlcs/usesofvarlous
averagesLml

2. Calculate the 3 yearly and 5 yearly averages oI the data in table below.
| 10 marks|
Table 1: Production data from 1988 to 1997
Year 1988 198
9
199
0
199
1
1992 1993 1994 1995 1996 199
7
Productio
n (in Lakh
ton)
15 18 16 22 19 24 20 28 22 30
lall 2011 AugusL drlve

3. (a) hat is meant by secular trend? Discuss any two methods oI isolating
trend values in a time series. | 5 Marks|
(b)hat is seasonal variation oI a time series? Describe the various methods
you know to evaluate it and examine their relative merits. | 5 marks|
LLp//moneyLermscouk/secular/
LLp//enwlklpedlaorg/wlkl/1lme_serles

4. %he probability that a contractor will get an electrical job is 0.8, he will
get a plumbing job is 0.6 and he will get both 0.48. hat is the
probability that he get at least one? Is the probabilities oI getting
electrical and plumbing job are independent? | 10 marks|

5. (a) Discuss the errors that arise in statistical survey. | 5 marks|
(b) hat is quota sampling and when do we use it? | 5 marks|
LLp//enwlklpedlaorg/wlkl/CuoLa_sampllng

6. (a) hy do we use a chi-square test? | 5 marks|
(b) hy do we use analysis oI variance? | 5 marks|
LLp//enwlklpedlaorg/wlkl/Clsquared_LesL
LLp//enwlklpedlaorg/wlkl/Analysls_of_varlance