NMIMS Global Access

School for Continuing Education (NGA-SCE)

Course: Business Statistics
Internal Assignment Applicable for June 2020 Examination
Assignment Marks: 30

Instructions:

 All Questions carry equal marks.

 All Questions are compulsory
 All answers to be explained in not more than 1000 words for question 1 and 2 and for
question 3 in not more than 500 words for each subsection. Use relevant examples,
illustrations as far as possible.
 All answers to be written individually. Discussion and group work is not advisable.
 Students are free to refer to any books/reference material/website/internet for
attempting their assignments, but are not allowed to copy the matter as it is from the
source of reference.

 Students should write the assignment in their own words. Copying of assignments from
other students is not allowed

 Students should follow the following parameter for answering the assignment questions

For Theoretical Answer For Numerical Answer

Assessment Parameter Weightage Assessment Parameter Weightage
Introduction 20% Understanding and usage 20%
Concepts and Application 60% of the formula
related to the question Procedure / Steps 50%
Conclusion 20% Correct Answer & 30%
Interpretation

Match
No. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Player
A 8 42 56 68 91 123 12 46 57 137 5 80 14 10 19
Player
B 38 44 46 59 57 61 48 42 51 39 58 41 55 45 68
 NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Business Statistics
Internal Assignment Applicable for June 2020 Examination

1. For the given data set representing the runs scored by two players in last 15 matches,
conduct the following analysis:
i. Which average you will use to summarize the performance of the player? Find average
runs scored for both of the players. Also give reasons for the choice of the average?
ii. If selection is possible on the basis of consistency, which player would you choose in
the team? Perform the required statistics and justify the selection.
iii. Check whether there exists any relationship among the runs scored by two players using
Karl Pearson coefficient of correlation and interpret the same. (10 Marks)

2. On the basis of the following data, the marketing manager wants to predict the sales
volume for the locality on the basis of # households, number of cars and marketing
expense
Sl.No. Sales Volume #Households number of cars marketing expense
1 15727 161 3 180
2 9328 99 1 150
3 13681 135 2 175
4 12379 120 2 165
5 15351 164 3 178
6 24174 221 5 220
7 20154 179 4 205
8 20671 204 5 210
9 22978 214 5 128
10 13522 101 1 176
11 22471 231 5 226
12 19529 206 4 296
13 24216 248 3 240
14 11521 107 2 168
15 197.82 205 3 100
 NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Business Statistics
Internal Assignment Applicable for June 2020 Examination

i. Draw three scatter plots of sales volume with each of the three variables and comment
on their correlation.
ii. Regress the sales volume on #household, number of cars and marketing expense.
Calculate R square and interpret the same.
iii. Determine which variable is/are significant variable/s. Is there any insignificant
variable? If yes, regress again, by dropping the variable. Will dropping that variable
increases the adjusted R square?
(10 Marks)
3. a. The height of the students in a certain class is following normal distribution with mean
height as 165 cm and standard deviation of 25 cm. There are 60 students in that class.
Determine

i. The number of students whose height is more than 158 cm.

ii. The number of students whose height is lying between 155 and 172 cm.
(5 Marks)

3. b. Find the lowest height among the tallest 5 student in a class.

(5 Marks)

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