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ADL-07 : QUANTITATIVE TECHNIQUES IN MANAGEMENT
Subject Name & Code : Study Centre : Permanent Enrollment Number (PEN): Date :
Quantitative Techniques in Management
ASSIGNMENT INSTRUCTION a) b) c) d) Total weightage given to these assignments is 30%. All assignments are to be completed in your own hand writing / typed. All questions are required to be attempted. Three assignments i.e. A, B & C are to be answered. Assignment A will carry Five subjective questions (10 marks). Assignment B will carry three subjective questions with a Case Study(10 marks) and Assignment C will carry forty objective type questions(10 marks) e) All the three assignments are to be completed by due dates (specified from time to time) and mailed / given by hand or evaluation at the AsoDL office Noida, /your Study Centre. f) The evaluated assignments can be collected from your study centre/ASoDL Office after six week. Thereafter these will be destroyed at the end of each semester. : : : _________________________ _________________________ _________________________
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() Tick mark in front of the assignments submitted Assignment 'A' Assignment 'B' Assignment 'C'
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Median and Standard Deviation of the following data Wages Up to (Rs.A Marks: 15 All Questions carry equal Marks 1. 2. a. Calculate the Mean.ADL-07: Quantitative Techniques In Management Assignment . Amity. Define Quantitative Techniques. Two brands of tyres are tested with the following results. weighted G. .) Price in 2000 (Rs. a. An enquiry into the faculty budgets of middle class families gave the following information given below. Also calculate a.M. Interquartile Range (Q3-Q1) c. M. Name the two major divisions in which you can divide these techniques. Life (in thousands of Kms) 20-25 25-30 30-35 35-40 40-45 45-50 Brand A 8 15 12 18 13 9 Brand B 6 20 32 30 12 0 Which brand of tyre would you use on the fleet of trucks and why? Copyright © 2004. of price relatives & b. Show for the following function f(x) = x + 1/x has its Min value greater that its Max value.) 15 No. b. Expenses on %age of Expenditure Price in 1999 (Rs. weighted A.) Food 35 70 90 Clothing 15 45 50 Fuel 10 20 25 Rent 20 80 70 Miscellaneous 20 40 30 Compute the price index using a. Skewness 4. Of price relatives 3. a. Explain the modus oprendii of each and give names of a few techniques under each category. of Workers 12 30 30 45 65 60 107 75 157 90 202 105 222 120 230 b. Coefficient of correlation b.
Answer the following questions. Solve the following equations using MATRIX method. a. 4. Find mode and standard deviation if 8 is added to each observation. Zero or Null Matrix f. Unit or Identity Matrix j. Fit a straight line trend by the method of least square to the following data. The median and variance of a distribution are 35 & 2. Amity. Diagonal Matrix h.b. a. Column Matrix e. Calculate the Rank Correlation and Coefficient. Comparable Matrix b. Scalar Matrix i. The income of a person in a particular week is Rs.50 per day. Define the following Matrix with an example of each. -2x + y + 3z = 9 x+y+x =6 x-y+z =2 Assignment . Find mean and standard distribution if each observation is multiplied by 5.B Marks: 15 1. Lower Triangular Matrix 5. Row Matrix d. Upper Triangular Matrix k. 5. c. Estimate the likely production for the year 2000. Equal Matrix c. Two women customers are randomly selected in a super market and are asked to taste 7 different types of juices and rank them in order of preference from 7(best) to 1(least desirable). The mean and standard deviation of a distribution are 15 & w respectively. 2. 1. Find mean deviation of his income for the week. b. a. 3. The results are as follows. Find median and variance if each observation is multiplied by 3. Is the relationship significant? 2. Juices MANU SONU A 2 1 B 1 3 C 4 2 D 3 4 E 5 5 F 7 6 G 6 7 1. Square Matrix g. 2. When will the production be double that of year 1993? Copyright © 2004.33 respectively.56 per day. Year 1991 1992 1993 1994 1995 Production 240 255 225 260 280 b. The mode and standard deviation of a distribution are 55 and 4. .
The recorded scores of 25 students are given below Questions to be answered: 1. .000 persons was found to be normally distributed with mean Rs. Construct for the data a. How many students have IQ <130 and How many students have IQ >= 130. 200 are females.50 show that of this group 95% had income exceeding Rs. Amity. out of 5000 people residing. Copyright © 2004.750PM and standard deviation =Rs. Cumulative relative ogive (>) 5. What is the probability that she is above 30 years of age? Case Study (Compulsory) For determining IQ of students. Out of the 1200 who are above 30. A histogram b. In a locality.832. Cumulative relative ogive (<) d. b. Suppose. Compute for the data: -Relative frequency -Cumulative frequency (<) & Cumulative Relative Frequency (<) -Cumulative frequency (>) & Cumulative Relative Frequency (>) 4. 2. a.668 and only 5% had income exceeding RS.3. A frequency polygon c. standard tests were conducted and scores recorded. Arrange data into ordered array. 1200 are above 30 years of age and 3000 are females. 3. The income of a group of 10. Construct grouped frequency distribution with suitable class intervals. after a person is chosen you are told that the person is a female.
Continuous Variable b. Continuous Variable b.5Q2 then Marginal Function MR = 50 – Q True / False 10. An infinite number of values. Heights of Models in a beauty contest is an example of a. The Absolute Value of a real number is True / False 9. Conditions for local Minima are First order Function dy/dx = 0 Second Order Function d2y / dx2 < 0 Copyright © 2004. Quantitative Techniques facilitate classification and comparison of data True / False 2. Rule determining the area is written as A = X2 where A is a function of Variable X. Any characteristic which can assume different values can be called a variable True / False 4. 5. An Array 3. If the Total Cost Function TC = 500 + 300Q – 5Q2 Then Marginal Cost Function MC=500-10Q True / False 11.C Marks: 15 1. Amity. Dependent Variable 8. If the data is written down as collected it is called a. Conditions for Local Maxima are First order Function dy/dx = 0 Second Order Function d2y / dx 2 > 0 True / False 12. Ordered Data b. Then A is called a. True / False . Discrete Variable 7. Raw Data c. Number of children in a family is an example of a. If the revenue function is TR = 50Q – 0.Assignment . Discrete Variable 6. Only whole number values b. Independent Variable b. A discrete variable can take a.
The value most often repeated in a series of observations is called a. Moving Average c. True / False 23. Median b. If the curve of a certain distribution tails off towards the right end of the measuring scale on tt1e horizontal axis the distribution is said to be positively skewed. A matrix is an array of m x n numbers arranged in m-columns and n-rows 16. It gives equal weightage to all previous months a. 1 x 4 matrix 18. True / False 21. 4 x 1 matrix b. Derivative of loge. The value of all observations in the data set is taken into account when we calculate its mean True / False 22. Mode c. Weighted Average 26. If the value of mean = 35. Mean Copyright © 2004. 7] is a True / False True / False True / False True / False Then A2 is called the TRANSPOSE OF A 19. Exponential Smoothing b. A square matrix is one where number of rows = (number of colums)2 17. . [4 1 2 a. The INVERSE of the INVERSE MATRIX is the original matrix True / False True / False 20. Derivative of product of two functions d/dx(uv) = u d/dx (v) + v d/dx 14. u d/dx( loge u) = 1/u loge du/dx 15. Amity.13.4 and value of media = 35 the shape of the curve skewed is “right” True / False 25. Extreme values in a data have a strong effect upon the Mode True / False 24. Measure of Central Tendency is a data set refers to the extent to whim tt1e observations are scattered.
Amity. Four Equal parts b. base year should be a year of normalcy 39. A decision tree is a graphic model of a decision process 34. Kari Pearson's coefficient of correlation is given by 32. Median of the series 29. . For index Numbers.27. Geometric Mean b. the Range c. Not necessary at equal intervals 35. A time series is a set of observations taken at a. Specified Intervals b. When the value of two variables move in the same direction. 0 to 1 b. "Line of best fit” is determined by "Method of Least Squares" 33. the Mode 28. Ten Equal Parts c. Regular variation include only seasonal variations 37. Value of correlation lies between a. the correlation is said to be positive. GM = SQ ROOT OF (AM* HM) 40. True / False 30. The middle most value in a series of observations arranged in an array is called. Quartiles are those which divide the total data into a. -1 to 1 31. Yearly data are independent of the effects of seasonal variations 38. Variances are additive True / False True / False True / False True / False True / False True / False True / False Copyright © 2004. Mode of the series b. The difference between the largest and the smallest observations is called a. a. Hundred equal Parts 36.
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