MANAGEMENT PROGRAMME

Term-End Examination
December, 2OO8

MS-8 : OUANTITATIVE
ANALYSISFOR
MANAGERIAL APPLICATIONS

Time : 3 hours Maximum Marks : 100

(Weightage 700/o)

Nofe :
(i) Section A hos six questions, each
carrying 15 marks. Attempt any four
questionsfrom this section.
(ii) Section B is compulsory and carries
40 marks. Attempt both questions.
(iii) Statistical tables may be supplied on request.

SECTION A

l. Explain Hypothesis testing. What are the steps

involved in hypothesistesting ? Discussthe two types
of .errors in testing of hypothesis.

MS-8 P.T.O.
2 . A telephone company in a town has 1000
subscriberson its list and collects a fixed charge of
Rs. 400 per subscriber per year. The company
proposes to increasethe annual subscriptionand it is
believed that for every increase of Re. 1, one
subscriber will discontinue the service. Find what
increase will bring maximum revenue to the
company.

3 . A husband and wife appear in an interview for two

vacancies in the same post. The probability of
husband'sselectionis 7/7 and that of wife's selection
is l/5. What is the probabilitythat
(a) both of them will be selected?
(b) only one of them will be selected?
(c) none of them will be selected?
(d) at least one'of them will be selected?

4. To test the effectivenessof training, a group of

5 participants were selectedand given a test before
and after the training. The result of the tests was as
under:
Participant I 2 3 4 5
Score before training 1 0 L2 15 1018
Score after training 1 5 1 0 1 8 32 25
Can the training be regardedas effectiveat 5 percent
level of significance?

MS-8 2
5 . An automobile company gives you the following
information about age-groups and the liking for a
particular model of car which is expected to be
introduced:
Age
Persons
< 2 0 2 0 - 3 9 4 0 - 5 9 > 5 0 Total
Liked the
14 0 80 40 20 280
car
Disliked
60 50 30 80 220
the car
Total 200 130 70 100 500
On the basis of this data, can it be concludedthat
the model appeal is independentof the age-groups?
(Givenv = 3, XSou = 7.815)

6. Write short notes on any threeof the following :

(a) Minor of an element of matrix

(b) Equallylikely events

(c) Advantagesof probabilitysampling
(d) Minimax criterion of decisionmaking
(e) Standarddeviation and standarderror

P.T.O.
 SECTION B

7 . Obtain the two regressionequationsfor the following

data using the method of leastsquares:
X 1 2 3 4 5
v 5 7 9 10 11

8 . Determine the sample sizeif sample

standard deviation s : 6, population mean : 25,
sample mean = 23 and the degreeof precision is
990/o.

18,OOO