CHRIST (Deemed to be University), Bengaluru – 560 029

School of Business and Management

MID TRIMESTER EXAMINATION - August 2020
(FIRST TRIMESTER)

PROGRAMME NAME: MBA MAX. MARKS: 50

COURSE NAME: Data Analysis for Managers (DAM) TIME: 2 hours
COURSE CODE: MBA 135

INSTRUCTIONS

● This is an open-book exam.

● Make sure your mobile phone is switched off and not used during the exam.
● Malpractices will be viewed very seriously.
● Keep your answers brief and to-the-point.
● Answers need to be submitted using the Google Sheet provided in the Classroom.

Course Outcomes: At the end of the course, the students will able to
CO1: To develop the knowledge of visualization.
CO2: To apply probability distribution to business data.
CO3: To Examine sampling techniques in the context of decision making.
CO4: To Analyse statistical data to support fact-based decision making.
CO5: To Determine models for analysing relationship between the variables.

Revised Bloom’s Taxonomy (RBT) Levels

L1 - Remembering, L2 - Understanding, L3 - Applying, L4 - Analyzing, L5 - Evaluating

SECTION – A
Attempt all questions (3 x 10 = 30 marks)

Question 1: An online food delivery service has prepared 20 portions of seafood, 6 of which had
been left out too long and spoiled. If 7 customers order the seafood online, make use of this
information and compute the probability that:

A. Exactly two customers will receive spoiled food?

B. None of the customers will receive spoiled food?
C. Not more than two customers will have received spoiled food?
D. At least 5 customers will receive unspoiled food?

Interpret each of the above. (CO2/ RBT L3)

Question 2: The average number of road accidents on a highway during a week is 6. Make use
of this information and Compute the probability that in a certain week number of accidents will
be:
A. Not more than 3
B. Between 2 and 4
C. Compute the probability of exactly 2 accidents in 2 days
D. Compute the probability of 3 accidents in 5 days.
Interpret each of the above. (CO2 / RBT L3)
Answer one of the below two questions (3A or 3B)
Question 3: A marketer conducted a survey to know how boys and girls feel about their buying
decision. The survey included 2650 respondents of the age 25 years and above. The selected
respondents are earning income above Rs. 40,000 per month. The responses, about who is the
better decision maker, are given in the following table:

Response Myself Others Both of us

 Boys 450 650 300

Girls 430 470 350

I. Develop a Joint probability table to answer the following questions

II. Construct marginal probabilities to determine who is better (Self, Others, Both).
III. Given that the randomly selected respondent is a girl, calculate the probability that she
feels that she is better than boys while making decisions
IV. Given that the randomly selected respondent is a boy, calculate the probability that he
feels that he is better than girls while making decisions
V. Given a response “Both of us” are equally good in decision making, calculate the
probability that the response came from a boy
VI. Given a response “Myself” is better in making decisions, calculate the probability the
response came from a girl
Interpret the results. (CO2 / RBT L3)
OR

Question 3B: In a factory, four machines (M1, M2, M3, and M4) are used to produce an item.
These machines produce respectively 25%, 30%,10% and 35% of the total output. It is also
known that the defective proportion of the items from these machines respectively are 2%, 4%,
3% and 5%. On a particular day, a unit of output is selected at random, and found defective.
Make use of information given and compute the probability that it comes from M1, M2, M3, or
M4?
Note: a) You are expected to define the events meaningfully
b) Draw inferences from the analysis
c) Round your answers to two decimal places

Interpret each of the above. (CO2 / RBT L3)

SECTION – B
Case Study (20 marks)

Luminous Power Technologies are the manufacturers of automotive batteries. The sample of 500
batteries have a mean life of 300 hours and a standard deviation of 40 hours. Solve the following
and interpret the results. (CO2 / RBT L3)

1. Probability that the randomly selected battery will have life less than 345 hours
2. Probability that the randomly selected battery will have life more than 340 hours
3. Probability that the randomly selected battery will have life less than or equal to 350 hours
4. Probability that the randomly selected battery will have life more than or equal to 375 hours
5. Probability that the randomly selected battery will have life between 240 hours and 260
hours
6. Probability that the randomly selected battery will have life between 355 hours and 370
hours
7. If the company is willing to replace the maximum of 2.5% of the batteries sold, what should
be the life below which the company will have an obligation to replace the batteries
8. If a selected battery should be in the top 35 % of the performance, what should be its life in
hours
9. If a selected battery should be in the bottom 2% of the performance, what should be its life
in hours
10. If the company is interested in estimating the life of the batteries less than 230 hours and
above 380 hours, find the number of batteries satisfying this condition (CO2 / RBT L3)