MS – 08: Quantitative Analysis for Managerial Applications – IGNOU solved assignments

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MS-08

Management Programme

ASSIGNMENT

FIRST SEMESTER

(January to June)

2021

MS – 08: Quantitative Analysis for Managerial Applications

School of Management Studies INDIRA GANDHI NATIONAL OPEN UNIVERSITY MAIDAN GARHI, NEW DELHI – 110 068

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		ASSIGNMENTS

Course Code	:	MS -08
Course Title	:	Quantitative Analysis for Managerial Applications
Assignment No.	:	MS-08/TMA/SEM-I/2021
Coverage	:	All Blocks

Note : Attempt all the questions and submit to the coordinator of your study centre on or before 30^th April, 2021.

The total cost, C(x) associated with producing and marketing x units of an item is given by

C (x) = 0.005x³ -0.02x² -30x +3000

Find (i) Total cost when output is 4 units.

“The success of collecting data through a questionnaire depends mainly on how skillfully and imaginatively the questionnaire has been designed”. Explain some important points to be kept in mind while drafting a questionnaire.

In a society of 5000 people, 1200 are above 30 years of age and 3000 are female. Out of the 1200 who are above 30, 200 are female. Suppose after a person is chosen you are told that the person is a female. What is the probability that she is above 30?

A sample size 25 is picked up at random from a population which is normally distributed with a mean of 100 and variance of 36. Calculate:-

“Economic or business oriented time series are made up of various components”. What are those components and also explain the relationship between them.

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