Decision Science – NMIMS

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NMIMS Global Access

School for Continuing Education (NGA-SCE)

Course: Decision Science

Internal Assignment Applicable for December 2020 Examination

1. The data of two variables X and Y is given below:

TABLE BELOW

YX
345
456
554
656
757
658
667
668
776
776
878
979
1280
1381
1584
1789

a. Calculate the correlation between X and Y

b. Apply the regression between X and Y (as dependent variable)

c. Estimate the R square

d. Predict Y when X = 50

(10 Marks)

Answer 1

A) Calculate the Correlation between X and Y

SUBJECTYX
1345
2456

2. Following ungrouped data of Sales of a company (in millions) is available

523370955761
576454943861
503994635931
688893488282
747092769891
323331755448
366463669298
365471868455
913464678978
979253566855
934251773693
446663336879
835386763540
554136394296
605338519556
486949339537
836296348532
395977623534
548936458334
396188865533
695430387977
953438918090
884595718043
614031615853
916360949853
503475749098

a. Make the frequency distribution table with appropiate class interval, frequency,

cumulative frequency.

b. Calculate the mean, median, mode and quartiles of grouped data.

c. Calculate the standard deviation, variance and range

d. Make the following diagrams: Histogram, Frequency Polygon, Ogive

(10 Marks)

Answer 2 a)

523370955761
576454943861
503994635931
688893488282
747092769891
323331755448

3.a. For a certain type of computers, the length of time between charges of the battery is normally distributed with a mean of 50 hours and a standard deviation of 15 hours. Mr Y owns one of these computers and wants to know the probability that the length of time will be between 50 and 70 hours. (5 Marks

3.b. The length of life of an instrument produced by a machine has a normal distribution with a mean of 12 months and standard deviation of 2 months. Find the probability that an instrument produced by this machine will last (a) Less than 7 months (b) Between 7 and 12 months (5 Marks)

Answer 3

a)  Mean =50 or µ =50

S.D= 15 or σ=15  

 Probability between 50 < x < 70

Formula

Hello MBA aspirants,

Get MBA assignments of NMIMS University solved by educational professionals at a nominal charge.

Mail us at: help.mbaassignments@gmail.com

Call us at: 08263069601

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