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| ASSIGNMENT | ||
| DRIVE | WINTER 2014 | |
| PROGRAM | MBA/ MBADS/ MBAFLEX/ MBAHCSN3/ PGDBAN2 | |
| SEMESTER | I | |
| SUBJECT CODE & NAME | MB0040 | |
| STATISTICS FOR MANAGEMENT | ||
| BK ID | B1731 | |
| CREDITS | 4 | |
| MARKS | 60 | |
| Note: Answer all questions. | Kindly note that answers for 10 marks questions should be | |
approximately of 400 words. Each question is followed by evaluation scheme.
| Q.No | Questions | Marks | Total Marks |
| 1 | Statistics plays a vital role in almost every facet of human life. Describe the functions | ||
| of Statistics. Explain the applications of statistics. | |||
| Meaning of statistics | 2 | 10 | |
| Functions of statistics | 4 | ||
| Applications of statistics | 4 | ||
| 2 | a) Explain the approaches to define probability. | ||
| b) State the addition and multiplication rules of probability giving an example of each | |||
| case. | |||
| a) Explanation of the approaches to define probability | 5 | 10 | |
| b) Addition and multiplication rules of probability giving an | 5 | ||
| example of each | |||
| 3 | a) The procedure of testing hypothesis requires a researcher to adopt several steps. | ||
| Describe in brief all such steps. | |||
| b) Explain the components of time series. | |||
| a) Hypothesis testing procedure | 5 | 10 | |
| b) Components of time series | 5 | ||
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| 4 | a) What is a Chi-square test? Point out its applications. Under what conditions is this | |||||||||
| test applicable? | ||||||||||
| b) Discuss the types of measurement scales with examples. | ||||||||||
| a) Meaning, applications and conditions | 4 | 10 | ||||||||
| b) Types of measurement scales with examples | 6 | |||||||||
| 5 | Business forecasting acquires an important place in every field of the economy. | |||||||||
| Explain the objectives and theories of Business forecasting. | ||||||||||
| Meaning of Business forecasting | 2 | 10 | ||||||||
| Objectives of Business forecasting | 4 | |||||||||
| Theories of Business forecasting | 4 | |||||||||
| 6 | a) What is analysis of variance? What are the assumptions of this technique? | |||||||||
| b) Three samples below have been obtained from normal populations with equal | ||||||||||
| variances. Test the hypothesis at 5% level that the population means are equal. | ||||||||||
| A | B | C | ||||||||
| 8 | 7 | 12 | ||||||||
| 10 | 5 | 9 | ||||||||
| 7 | 10 | 13 | ||||||||
| 14 | 9 | 12 | ||||||||
| 11 | 9 | 14 | ||||||||
| [The table value of F at 5% level of significance for 1 = 2 and 2 = 12 is 3.88] | ||||||||||
| a) Meaning and Assumptions | 3 | 10 | ||||||||
| b) Formulas/Calculation/Solution to the problem | 7 | |||||||||