Assignment – 1 & 2

Quantitative Techniques for Management

Date of Assignment – 6.9.22 Date of Submission – 9.9.22

Q.1. Customers at a Local Restaurant were asked to rate their recent experience at the restaurant with respect
to its advertised atmosphere of upbeat, comfortable, and clean. Possible responses included Outstanding,
Good, Ok and Horrible. The following table shows the responses of 28 customers:

Horrible OK Horrible Horrible

OK OK Horrible Horrible
Horrible OK Horrible Good
Horrible Good Good Good
Horrible OK Horrible OK
Good Good Horrible Good
Horrible OK Horrible Good

(i) Construct a relative frequency distribution that summarizes the responses of the customers.
Briefly summarize your findings. What recommendations would you make to the owner of the
restaurant?
(ii) Construct a Pie-Chart and a Bar-Chart for these data.

Q.2. Following is the Data of Market share (in percentage) of different mobile brands in India. Represent the
Data by using subdivided diagram also give your comment on that.

India Smartphone Quarterly Market Data (Q4 2020 – Q1 2022)

India Smartphone Market Share (%)

Q4 Q1 Q2 Q3 Q4 Q1
Brands
2020 2021 2021 2021 2021 2022

Xiaomi 26% 26% 28% 23% 21% 23%

Samsung 20% 20% 18% 17% 16% 20%

realme 11% 11% 15% 15% 17% 16%

vivo 15% 16% 15% 15% 13% 15%

OPPO 10% 11% 10% 10% 9% 9%

Others 18% 16% 14% 20% 24% 17%

Q.3. Assume that you are working as a financial advisor at a large investment firm. You meet to an
inexperienced investor who has some questions regarding two approaches to mutual fund investments;
Growth Investing versus Value investing. Following table shows the annual return (in percentages) data for
these two mutual funds for the years 2010 to 2019;

Year Growth Value

2010 12.56 0.09
2011 -38.32 -35.97
2012 36.29 19.58
2013 16.96 14.28
2014 1.71 1.00
2015 16.89 15.00
2016 32.16 32.85
2017 13.47 13.05
2018 3.17 -1.03
2019 5.99 16.75

(i) Calculate appropriate measures of Central Tendency and Dispersion. Also interpret the results to
take decision about investment in any of the two given options for investment.

Q.4. Monthly stock prices (in Rs.) for two competing firms are as follows;

Month Firm A Firm B

January 28 21
February 31 24
March 32 24
April 35 27
May 34 25
June 28 20

(i) Calculate the sample mean, the sample variance, and the sample standard deviation for each
stock firm’s stock price.
(ii) Which firm had the higher average stock price over the time period?
(iii) Which firm’s stock price had greater variability as measured by the standard deviation? Which
firm’s stock price had greater relative dispersion? Comment on the results.