Decision Science

1)
Ans) According to the data provided, the assumption made by Raj Kaul ,Garuda possibility to
win is 60% . According to the group ,70% of the time they win the series opener . After
losing ,25% of the time ,they win the opening game . Therefore the probability of winning the
series are as follows.
W:A Garuda win the series by any circumstances or events
L:A Garuda loses the series by any circumstances or events
F:A Garuda wins the first game
F': Garuda loses the first game
From the given data
P(W)= 0.6,it checks that p(L)=1-0.6= 0.4
P(F/W)=0.70,it checks that p(F'/W)= 1-0.70= 0.30
P(F/L)=0.25,it checks that p( F'/L)=1-0.25= 0.75

Required probability is p(W/F)

The Required probability is p (W/F)

P (W/F’) = p (WՈ F’) / P (F’)

0.18 / 0.18 +0.3

0.180 / 48
0.375
2)

Ans2) Regression analysis based on the question

With the given data

n
X ¿ 1/n ∑ Xi
i=0

= 86 /27 = 3.185185
n
Y ¿ 1/n ∑ Yi
i=0

= 93/27 = 3.444444444
n
1
SSxx=∑ X 2 − ¿
i=1 N

= 320 - 86 2 / 27 = 46.0740
n
1
SSyy=∑ Y 2− ¿
i=1 N

= 377 - 93 2/27 = 56.66666

Therefore,
n n
1
SSxy=∑ X i Y i – ¿ (1/n ∑ Yi ¿
i=1 n i=0

= 93/27 = 43.777
As a result, using the computations above, the regression coefficients (the inclination m and the
Y-intercept n) were just as follows:
M = SSxy / SSxx = 43.77777/ 46.074074
= 0.9502
N = Y – X *m = 3.4444444- 3.185185185 *0.9502
= 0.418

Through this, the regression equation is = Y = 0.418 + 0.9502 X

The Line of regression Y on X is

Y = 0.418 + 0.9502 X

Therefore, based on the information provided above, the following scatter plot and regression plot are
obtained:

A.

Regression predicting can, without a doubt, be helpful for a person managing data in future directions
from a business viewpoint. Regression evaluation comes in multiple types: linear, square, and
consecutive. A lot more typical ones are easy, multiple, and routine direct models. Nonlinear regression
analysis is usually used for much more complicated data sets when the dependent and the relationship
between variables are exponential. Multivariate regression has several applications in a selection of
industries, precisely economic solutions.

Based on the given data, through analysis and calculations, Y= 0.418 + 0.9502 X is the Line of Regression
Y on X, which indicates that the Regression of y on x is the term used to explain this relationship where y
is the reliant variable and x is the independent variable. A straightforward formula called the regression
equation can be used to illustrate the relationship.

B.

B1 is the slope of the regression formula, as b1 = 0.9502, which shows a favorable relationship between
them as the scale is from 1 to 5. An increased unit in quality ratings offered by consumers boosts an
increase in the score of consumer fulfilment.

Why is it that it is simpler for us to think about examples of businesses that failed to please us instead of
examples of businesses that did please us? There is an extensive range of possible descriptions for this.
We prepare that it will satisfy our requirements when we pay for a product or service. We do not squeal
with joy and exclaim, "Isn't it remarkable? It worked!" That is the service that we have paid for with our
cash. To this, include the globe's ever-increasingly strict requirements. Although we have access to
products that would amaze our fantastic grandparents, we do not give them much thought because
we've become accustomed to using them.

The market research done for a shopping website is comparable to the market research done for
traditional businesses with physical locations. You will require to accomplish research on one of the
essential rivals in your market. These are the following.

Your target market (customers probably to buy from your business).

Your rivals (shopping businesses are selling similar products/services).

The current fashions and activities that are occurring within the sector. (Probably a sub-vertical or a
specific niche market).
The value of the regression equation of b1 is equal to or more than 0.9502, suggesting a good web link
between them. Since the array is 1 to 5, an increase in the superiority scores offered by customers
results in a boom in the consumers' satisfaction ratings. Therefore, based on the study, Kusum Jana is
selling through e-commerce, and her business is racking up at a greater level. That's why it may be used
to comprehend any kind of trend that shows up in data. This fresh perspective could frequently be
instrumental in discovering what can transform its Khakhra business.
3

Ans3a)

State Name District Name Number of Micro, Relative Result

Small and Frequency
Medium = Subgroup
Enterprises frequency, the
total frequency
Tripura WEST TRIPURA 2915 2915 / 6651 0.43
Tripura SOUTH TRIPURA 586 586 / 6651 0.08
Tripura DHALAI 439 439 / 6651 0.006
Tripura NORTH TRIPURA 854 854 / 6651 0.12
Tripura KHOWAI 514 514 / 6651 0.06
Tripura UNAKOTI 447 447 / 6651 0.06
Tripura SEPAHIJALA 383 383 /6651 0.05
Tripura GOMATI 513 513 / 6651 0.07
Sum 6651 1

By using excel

Relative frequency = F1/total frequency ex.

Relative frequency = F1/total frequency

= 2915/6651 = 0.438279958

Calculations based upon relative frequency entail separating the total number of observations by the
count of a particular category of incidents to reach a percentage representation of the count. Complying
with constitutes its method:
From the above chart it is seen that west Tripura of has maximum numbers MSME's
3b)

Ans3) Based on the given data, it analyses the Relative Frequency is the series of outcomes created by
detailed data that figure out the relative frequency. Each time they carry out the study, they can
transform this periodicity. The determined relative frequency of an occasion will approach the predicted
possibility of occurring in the different experiments they run. It is revealed that the WEST TRIPURA and
the NORTH TRIPURA in Andhra Pradesh are two districts that show higher value in Relative Frequency
(McManus, (2015 ). Therefore, they assess the top 2 districts based on relative frequency as West
Tripura and North Tripura has the highest relative frequency, i.e., 0.43 and 0.12.

Number of Micro, Small and

Medium Enterprises
West Tripura 2915
North Tripura 854

Two districts of data

3500

3000

2500

2000

1500

1000

500

0
West Tripura North Tripura

2).

State Name District Name Number of Micro, Small and

Medium Enterprises
ANDHRA PRADESH SRIKAKULAM 10895
ANDHRA PRADESH VIZIANAGARAM 30186
ANDHRA PRADESH VISAKHAPATNAM 29070
ANDHRA PRADESH EAST GODAVARI 26546
ANDHRA PRADESH WEST GODAVARI 33541
ANDHRA PRADESH KRISHNA 23231
 ANDHRA PRADESH GUNTUR 25479
ANDHRA PRADESH PRAKASAM 45171
ANDHRA PRADESH SPSR NELLORE 54059
ANDHRA PRADESH Y.S.R 37500
ANDHRA PRADESH KURNOOL 15362
ANDHRA PRADESH ANANTHAPUR 21193
ANDHRA PRADESH CHITOOR 27670

There are total no of district = 13

Median= ( N 2+1 )
13+1 14 th item
So median = = =7
2 2

So, Median Value is 27670

The list of district is Chittoor is Andhra Pradesh