SVKM’s NMIMS School of Distance Learning Course : Business Statistics SEM - III Programme : PGDBM / PGDSCM / PGDITM

  Instructions:   • • • •   All Questions are Compulsory & carry equal marks  All answers to be explained in not more than 1000 words. Use examples as far as possible.  All answers to be written individually. Discussion and group work is not advisable.   Copying from websites or e‐books will carry negative marks. 

Assignment Marks : 30

1. You note that your officer is happy on 60% of your calls, so you assign a probability of his being happy on your visits as 0.6.You have noticed also that if he is happy, he accedes to your request with a probability of 0.4 whereas if he is not happy, he accedes to the request with a probability of 0.1.You call one day, and he accedes to your request what is the probability of his being happy?

2. If the probability of a defective bolt is 0.1, find the mean and standard deviation for the distribution of defective bolt in a total of 500.

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