Feb Drive 2011

MBA SEMESTER
1
MB0040 ± STATISTICS FOR MANAGEMENT- 4
Credits
(Book ID:
B1129)
Assignment Set- 1 (60
Marks)
Note: Each question carries 10 Marks. Answer all the
questions

1. (a) What is the difference between a qualitative and quantitative

variable?
(b) A town has 15 neighbourhoods. If you interviewed everyone living in
one
particular neighbourhood, would you be interviewing a population or a
sample
from the town? Would this be a random sample? If you had a list of
everyone
living in the town, called a frame, and you randomly selected 100 people
from
all neighbourhoods, would this a random sample?
FOR ANSWERS PLEASE EMAIL
Email : mba8182@gmail.com
Ph: 09873669404
2. a) Explain the steps involved in planning of a statistical [5 Marks]
survey?
b) What are the merits & Demerits of Direct personal observation and
Indirect
Oral [5 Marks]
Interview?
3. a) Draw Ogives from the following data and measure the median value.
Verify
it by actual [5 Marks]
calculations.
Central 5 15 25 35 45
size
Frequenc 5 11 21 16 10
y
b) Complete the following distribution, if its Median is 2,600 and compute
the
value of Arithmetic [5 Marks]
Mean.
Size 1000- 1500- 2000- 2500- 3000- 4000- 5000- Total
1500 2000 2500 3000 4000 5000 6000
Frequenc 12 ? 40 50 ? 50 020 150
y 0 0 0
4. a) What is the main difference between correlation analysis and
regression
analysis [5 Marks]
?
b) In a multiple regression model with 12 independent variables, what are
the
degrees of freedom for error? [5 Marks]
Explain?
5. a) Discuss what is meant by Quality control and quality
improvement. [5 Marks]
b) What are the limitations of a quality control [5 Marks]
charts?
 Feb Drive 2011

6. a) Suggest a more suitable average in each of the following

cases: [5 Marks]
(i) Average size of ready-made
garments.
(ii) Average marks of a
student.
b) State the nature of symmetry in the following [5 Marks]
cases:
(i) When median is greater than mean,
and
(ii) When Mean is greater than
median.
 Feb Drive 2011

398, 412, 560, 476, 544, 690, 587, 600, 613, 457, 504, 477, 530, 641,
566,359,
452, 633, 474, 499, 580, 606, 344, 455, 505, 396, 347, 441, 390,
400, 632, MBA SEMESTER
1
582 these data represent
Assume an entire population. Find the population
meanMB0040 ± STATISTICS FOR MANAGEMENT- 4
and the population standard
Credits
deviation.
(Book ID:
B1129)
Assignment Set- 2 (60
Marks)
Note: Each question carries 10 Marks. Answer all the
questions

1. What are the characteristics of a good measure of central

tendency?
[5 Marks]

(b) What are the uses of [5 Marks]

averages?

2. For each one of the following null hypothesis, determine if it is a left-

tailed, a
right-tailed, or a two-tailed [10 Marks}
test.
a. — •
__
b. P ≤
0.5
c. µ is at least
G. 100.
—”
-20
e. p is exactly
0.22
3. What is test statistic? Why do we have to know the distribution of a
test
statistic [10 Marks]
?
4. Suppose you are sampling from a population with mean µ= 1,065
and
VWDQGDUG GHYLDWLRQ 1 = 500. The sample size is n=100. What are the
expected
value and the variance of a sample ̅ ? [ 10
5. The time it takes an international telephone operator to place an Marks]
mean
overseas
phone call is normally distributed with mean 45 seconds and
standard
deviation 10 [10 Marks]
seconds.
a) What is the probability that my call will go through in less than 1
minute?
b) What is the probability that I will get through in less than 40
seconds?
6. The following data are the number of tons shipped weekly across the
pacific
by a shipping [10 marks]
company.