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4275/MBAAC15 APRIL 2021

QUANTITIVE METHODS

Time : Three hours Maximum : 75 marks

PART A — (5  2 = 10 marks)

Answer ALL questions.


1. What is statistical average?
2. What do you understand by Association of
Attributes?
3. State the components of Time series.
4. What is Normal distribution?
5. What do you mean by sampling theory?
PART B — (5 × 7 = 35 marks)
Answer ALL questions, choosing either (a) or (b)
6. (a) Verify whether AB = BA for matrices
2 1 0  1 2  1
   
A  1  1 2 B   2 0 1 
0 1 3  1 1 2 

Or
(b) Compute median from the following data:
Mid values 115 125 135 145 155 165 175 185 195
Frequency 6 25 48 72 116 60 38 22 3
7. (a) Calculate standard deviation from the
following
Marks 10 20 30 40 50 60
No of students 8 12 20 10 7 3

Or
(b) A random sample of 5 college students is
selected and their grades in Mathematics
and Statistics are found to be:
Mathematics 85 60 73 40 90

Statistics 93 75 65 50 80

Calculate Pearman’s Rank correlation


Coefficient.

8. (a) Discuss the procedure for conducting small


sample Mann-Whitney U-test in detail.

Or
(b) Calculate the two regression equations of X
on Y and Y on X from the data given below
taking deviations from actual mean of X and
Y
Price (Rs) 10 12 13 12 16 15
Demand 40 38 43 45 37 43

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9. (a) Given N = 2500; (A) = 420; (AB) = 85;
(B) = 670. Prepare 2  2 table and compute
Yule’s coefficient of association.
Or
(b) Calculate three yearly moving averages of
the following data:
Year 2001 2002 2003 2004 2005
No of students 15 18 17 20 23
Year 2006 2007 2008 2009 2010
No of students 25 29 33 36 40
10. (a) Explain the characteristics of Chi-square
test.
Or
(b)
The life time of electric bulbs for a random
sample of 10 from a large consignment gave
the following data
Items 1 2 3 4 5 6 7 8 9 10
Hours 4.2 4.6 3.9 4.1 5.2 3.8 3.9 4.3 4.4 5.6
(‘000)
Can we accept the hypothesis that the
average life time of bulbs is 4000 hours.
PART C — (3 × 10 = 30 marks)
Answer any THREE questions.
11. Calculate Mean and mode of the following
distribution
Size of Item 15 20 25 30 35 40 45 50
No of items 4 12 30 60 80 90 95 97

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12. Discuss the steps involved in the testing of
hypothesis.

13. 100 car radios are inspected as they come off the
production line and number of defects per set is
recorded below;
No of defects 0 1 2 3 4

No of sets 79 18 2 1 0

Fit a poisson distribution to the above data and


calculate the frequencies of 0, 1, 2, 3 and 4 defects
( e 0.25  0.779 ) .

14. Out of 8000 graduates in a town 800 are females;


out of 1600 graduate employees 20 females, Use
 2 to determine if any distinction is made in
appointment on the basis of sex. Value of  2 for
5% level of one degree of freedom is 3.48.

15. Calculate trend value from the following data


using the method of Least square
Year 2002 2003 2004 2005 2006 2007
Production 7 9 12 15 18 23

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