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ASSIGNMENT

DRIVE FALL 2017


PROGRAM MBA
SEMESTER I
SUBJECT CODE & NAME MBA103 - Statistics for Management
BK ID B1731
CREDIT & MARKS 4 CREDITS, 30 MARKS

Note The Assignment is divided into 2 sets. You have to answer all questions in both sets.
Average score of both assignments scored by you will be considered as your IA score. Kindly note
that answers for 10 marks questions should be approximately of 400 words.
SET-I

Q.No Criteria Marks Total Marks


1 Write Short notes on following methods of classification in Statistical Survey
i. One Way Classification.
ii. Two Way Classification
iii. Manifold Classification.
A One Way Classification. 4 10
Two Way Classification 3
Manifold Classification. 3
2 What do you mean by Statistical Averages? List various requisites of a Good Average.
A Statistical Averages. 4 10
Requisites of a Good Average. 6
3 In a beauty contest, the ranks provided by three different judges to 10 competitors are
given in following table. Find out which pair of judges are more associated in term of
same pattern for ranking
Competitors A B C D E F G H I J
Judge 1 3 4 6 7 9 8 2 10 1 5
Judge 2 4 5 6 8 7 10 1 9 2 3
Judge 3 5 7 9 8 10 6 3 4 1 2

A Calculation of Rank Correlation 8 10


Interpretation 2
SET-II

1 Write short notes on


A a. Type I and Type II error
b. Level of Significance
c. Null Hypothesis
d. Twotailed Tests and Onetailed Tests
e. Test Statistics
a. Type I and Type II error 2 10
b. Level of Significance 2
c. Null Hypothesis 2
d. Twotailed Tests and Onetailed Tests 2
e. Test Statistics 2
2 Marks of 10 students out of 150 is given below
60, 110, 120, 135,110, 96, 145, 55, 95 & 125
What is the average marks of a class, Calculate by direct & shortcut methods?
A Calculation by Direct method 5 10
Calculation by Short cut method 5
3 Production for last 7 years of XYZ ltd is given in following table
Year 2009 2010 2011 2012 2013 2014 2015
Production(in Tons) 8 12 13 17 25 22 30
Based on above data forecast the production for year 2016 & 2017.
A Fitting of straight line 6 10
Production for year 2016 2
Production for year 2017 2

*A-Answer
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