MBA (WP)

SEMESTER 2

QUANTITATIVE METHODS

ASSIGNMENT 1

TOTAL MARKS: 30 WEIGHTAGE: 5 MARKS

1. Following are the number of two wheelers sold by a dealer during 8 weeks of 6 working
days each.

13 19 22 14 13 16 19 21
23 11 27 25 17 17 13 20
23 17 26 20 24 15 20 21
23 17 29 17 19 14 20 20
10 22 18 25 16 23 19 20
21 17 18 24 21 20 19 26

i. Group these figures into a table having the classes 10-12, 13-15, 16-18….and 28-30.
ii. Convert the distribution of (i) into a corresponding percentage frequency distribution
and also a percentage cumulative frequency distribution

2. The management of a college decides to give scholarships to its 50 students. Students who
secure 70 and more marks in Statistics are eligible for the scholarship. The following are
the marks of students who secured marks 70 and above;
71 73 74 85 86 88 91 94 96 99
74 74 76 90 91 94 96 98 88 94
The scholarship is payable as below,
Marks 70-75 75-80 80-85 85-90 90-95 95-100
Scholarship 100 200 300 400 500 600
Amount (Rs.)
Estimate the total scholarship payable and the average scholarship payable.

3. The following table gives the number of workers in a firm and their daily earnings. Find
mean, median and mode.
 Daily No. of
Earnings workers

Less than 50 20
Less than 60 42
Less than 70 80
Less than 80 125
Less than 90 130
Less than 100 150
Less than 110 165
Less than 120 190
Less than 130 200

4. For the following data set, calculate the Quartile Deviation, variance, the standard deviation
and the coefficient of variation.

Weight No. of plots

130.5 – 140.5 10

140.5 – 150.5 20

150.5 – 160.5 30

160.5 – 170.5 20

170.5 – 180.5 10

180.5 – 190.5 10

TOTAL 100
5. Find – Inter-Quartile Range, Quartile Deviation, Coefficient of QD, and Standard
Deviation for the following distribution.

Class Interval Frequency

0 – 15 8

15 – 30 26

30 – 45 30

45 – 60 45

60 – 75 20

75 - 90 17

90 - 105 4

6. Given below are the daily wages paid to workers in two factories X & Y. Using A.M and
S.D, answer the following questions

a. Which factory pays higher average wages? By how much?

b. In which factory are wages more variable?

c. Which factory has to pay more wages in a month assuming that both work for 25
days a month

Daily wages No. of workers

in Rs. Factory X Factory Y

20 – 30 15 25

30 – 40 30 40

40 – 50 44 60

50 – 60 60 35

60 – 70 60 20

70 – 80 14 15

80 – 90 7 5