End Term Supplementary Exam Quantitative Technique [M

Q1

a
Answer

Q2

Q3
 End Term Supplementary Exam Quantitative Technique [MBBA10

Explain the terms mentioned below in the context of quantitative techniques / decision sciences ?

Telephonic Interview

Snowball Sampling

What do you understand by cluster sampling ? Explain with example.

What Is pilot testing in research data collection ?

Max Marks 100

4 Marks

Words Range - 70 to 150

Words Range - 70 to 150

Words Range - 100 to 3 Marks

250

Words Range - 100 to 3 Marks

250
Q4 You recently learned about various data collection methods used in researches. When yo
research about scales of measurement (for data collection) adapted by organisations, yo
know about Nominal, Ordinal and Interval and Ratio. What are these ? Please explain. Al
according to you, which one is better ?
 ection methods used in researches. When you did some Words 8+2
data collection) adapted by organisations, you got to Range - Marks
nd Ratio. What are these ? Please explain. Also, (300-
400) +
(50-100)
 You are the Manageing Director of an online games portal and are looking
planning to conduct market research, and will be collecting data for the sa
collection process you will follow.

Q5

Answers
 Words
Range -
(300-
500)
tal and are looking to launch a new game. You are
ting data for the same. Mention the ten step data

8 Marks
Q6 Referring the data given, please calculate all measures of location. Please writ
examples.
Note: Please solve both manually and by the formula.
Ans
location. Please write interpretations with Data
12 Marks
ly and by the formula. 10584510
0
845418
3618012
1929960
4191120
9457854
0
532412
3243676
1726752
3955014
1126656
0
313006
374336
203208
236106
1187128
0
52320
404672
207870
522266
1151354
0
46048
394656
201600
509050
35774
0
6272
10016
6270
13216
676358
0
29436
198496
108660
339766
648932
0
 22700
189932
103626
332674
27426
0
6736
8564
5034
7092
591182
0
47756
211344
106626
225456
544542
0
34298
196424
98718
215102
46640
0
13458
14920
7908
10354
124594
0
8538
46904
21834
47318
119002
0
6654
45140
20862
46346
5592
0
1884
1764
972
972
100342
0
 10188
39308
19056
31790
90350
0
6928
35992
17364
30066
9992
0
3260
3316
1692
1724
84974
0
4978
34188
15432
30376
82972
0
4298
33556
15108
30010
2002
0
680
632
324
366
396518
0
28306
146968
73854
147390
371330
0
21694
138288
69198
142150
25188
0
 6612
8680
4656
5240
161168
0
15470
62532
35952
47214
142374
0
10048
55664
32544
44118
18794
0
5422
6868
3408
3096
388010
0
66698
135364
82494
103454
212030
0
18142
76192
46422
71274
175980
0
48556
59172
36072
32180
90824
0
8610
34736
19602
27876
84272
0
 6156
32396
18648
27072
6552
0
2454
2340
954
804
226522
0
13288
76024
49362
87848
217810
0
11008
73016
47652
86134
8712
0
2280
3008
1710
1714
460810
0
26792
140152
92148
201718
449906
0
22326
136704
90822
200054
10904
0
4466
3448
1326
1664
417234
0
 42042
167128
87978
120086
371490
0
24664
150928
80856
115042
45744
0
17378
16200
7122
5044
564896
0
45382
227200
115098
177216
534436
Q7 Referring the data given, please calculate all the measures given below. Pleas
examples.
Note: Please solve using formulas, the way we have covered in the class i.e. along with the columns of d
Ans Largest Value
Smallest Value
Mean
Median
Mode

Range
Quartiles
Q1
Q2
Q3
Interquartile range =
Quartile Deviation =

Deviation
Mean Deviation
Mean Absolute Deviation (MAD)

Variance

Standard Deviation
res given below. Please write interpretations of the same using

s i.e. along with the columns of deviation, absolute value, (deviation)^2 and standard deviation )
Data
20 marks
15876765
437485
1268127
5427018
2894940
6286680
14186781
2343572
798618
4865514
2590128
5932521
1689984
346389
469509
561504
304812
354159
1780692
2365472
78480
607008
311805
783399
1727031
97887234
69072
591984
302400
763575
53661
273468236
9408
15024
9405
19824
1014537
283648236
44154
297744
162990
509649
973398
823648
 34050
284898
155439
499011
41139
9879347
10104
12846
7551
10638
886773
23648
71634
317016
159939
338184
816813
826348
51447
294636
148077
322653
69960
1523
20187
22380
11862
15531
186891
93476
12807
70356
32751
70977
178503
28346
9981
67710
31293
69519
8388
28364
2826
2646
1458
1458
150513
283468
 15282
58962
28584
47685
135525
21864
10392
53988
26046
Q8 An MNC Company has used 2000 lenses over a year. The company would like
lenses they should order at a time to minimize their total stock costs.

The total cost of storing one lens is Rs 500, and the total cost of processing an
Calculate the total stock handling cost, total cost of order, total stock cost, and
table and plot the graph.
company would like to find out how many
stock costs.

ost of processing an order (CO) is Rs 250.

, total stock cost, and EOQ. Prepare the

20 marks
Q9 The Excel furnitures Ltd are retailers of high-quality furniture, and they sell
[REFER CELL R1]. Last summer they had some difficulty with supplies and rai
CELL S1 ]. When supplies returned to normal, they reduced the higher price by
as part of their January sale. Some customers were not happy with this dea
returned the table to its original price. But company managers pointed out
[ REFER CELL S1 ] raised it to Rs _________. Then reducing the higher price by
__________. There was a genuine reduction of Rs _______ a proportion of _
table to its original price, they would have reduced it by the propo
niture, and they sell a particular dining room table for Rs 228768 12.9%
with supplies and raised the price of the table by [ REFER
ed the higher price by [ REFER CELL S1 ] and advertised this
happy with this deal, saying that the company had only
anagers pointed out that increasing the original price by
ng the higher price by [ REFER CELL S1 ] took it down to Rs
___ a proportion of _______. If they wanted to return the
duced it by the proportion________.
10 marks
Q10 Solve these simultaneous equations:
a. 112x + 127y = 142 and 160x + 314y = 2860
b. 119x - 128y +34z = −211.4 and 308x − 918y + 512z = 198 and 102x +216y + 514z

Solve stepwise wherever possible.

Answer
Solve these simultaneous equations: 10 Marks
112x + 127y = 142 and 160x + 314y = 2860
119x - 128y +34z = −211.4 and 308x − 918y + 512z = 198 and 102x +216y + 514z = 1148

Solve stepwise wherever possible.

10 Marks

514z = 1148