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Feb Drive 2011 MBA SEMESTER 1 MB0040 ± STATISTICS FOR MANAGEMENT- 4 Credits (Book ID: B1129) Assignment Set- 1 (60 Marks

) Note: Each question carries 10 Marks. Answer all the questions

1. (a) What is the difference between a qualitative and quantitative variable? (b) A town has 15 neighbourhoods. If you interviewed everyone living in one particular neighbourhood, would you be interviewing a population or a sample from the town? Would this be a random sample? If you had a list of everyone living in the town, called a frame, and you randomly selected 100 people from all neighbourhoods, would this a random sample? For Solved Assignment Please Email Email : mba8182@gmail.com Ph : 09873669404

[5 Marks]

[5 Marks]

2. a) Explain the steps involved in planning of a statistical survey? [5 Marks] b) What are the merits & Demerits of Direct personal observation and Indirect Oral Interview? [5 Marks] 3. a) Draw Ogives from the following data and measure the median value. Verify it by actual calculations. [5 Marks] Central size 5 15 25 35 45 Frequency 5 11 21 16 10 b) Complete the following distribution, if its Median is 2,600 and compute the value of Arithmetic Mean. [5 Marks] Size 1 000- 1500- 2000- 2500 - 30 00- 4000 - 5 0001 500 2000 2500 3000 40 00 5000 6 000 Frequency 120 ? 400 500 ? 50 20

Total 1500

4 . a) What is the main difference between correlation analysis and regression analysis? [5 Marks] b) In a multiple regression model with 12 independent variables, what are the degrees of freedom for error? Explain? [5 Marks] 5 . a) Discuss what is meant by Quality control and quality improvement. b) What are the limitations of a quality control charts? [5 Marks] [5 Marks]

Feb Drive 2011 6 . a) Suggest a more suitable average in each of the following cases: [5 Marks] (i) Average size of ready-made garments. (ii) Average marks of a student. b) State the nature of symmetry in the following cases: [5 Marks] (i) When median is greater than mean, and (ii) When Mean is greater than median.

Feb Drive 2011

MBA SEMESTER 1 MB0040 ± STATISTICS FOR MANAGEMENT- 4 Credits (Book ID: B1129) Assignment Set- 2 (60 Marks) Note: Each question carries 10 Marks. Answer all the questions

1. What are the characteristics of a good measure of central tendency? [5 Marks] (b) What are the uses of averages? [5 Marks]

2. For each one of the following null hypothesis, determine if it is a left-tailed, a right-tailed, or a two-tailed test. [10 Marks} a. — • __ b. P ≤ 0.5 c. µ is at least 100. G. — ” -20 e. p is exactly 0.22 3. What is test statistic? Why do we have to know the distribution of a test statistic? [10 Marks] 4. Suppose you are sampling from a population with mean µ= 1,065 and VWDQGDUG GHYLDWLRQ 1 = 500. The sample size is n=100. What are the expected value and the variance of a sample mean ? [ 10 Marks] 5. The time it takes an international telephone operator to place an overseas phone call is normally distributed with mean 45 seconds and standard deviation 10 seconds. [10 Marks] a) What is the probability that my call will go through in less than 1 minute? b) What is the probability that I will get through in less than 40 seconds? 6. The following data are the number of tons shipped weekly across the pacific by a shipping company. [10 marks]

Feb Drive 2011 3 9 8 , 412, 560, 476, 544, 690, 587, 600, 613, 457, 504, 477, 530, 641, 359, 5 6 6 , 452, 633, 474, 499, 580, 606, 344, 455, 505, 396, 347, 441, 390, 632, 4 0 0 , 582 Assume these data represent an entire population. Find the population mean and the population standard deviation.