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This document contains instructions and questions for a statistics assignment. It includes 6 questions worth a total of 60 marks. The questions cover topics like classification vs tabulation, normal probability distributions, hypothesis testing procedures, regression vs correlation analysis, business forecasting methods and theories, and constructing and testing Fisher's Ideal Index.

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A Kaur Marwah
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52 views3 pages

Stats

This document contains instructions and questions for a statistics assignment. It includes 6 questions worth a total of 60 marks. The questions cover topics like classification vs tabulation, normal probability distributions, hypothesis testing procedures, regression vs correlation analysis, business forecasting methods and theories, and constructing and testing Fisher's Ideal Index.

Uploaded by

A Kaur Marwah
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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DRIVE PROGRAM SEMESTER SUBJECT CODE & NAME BK ID CREDITS MARKS

ASSIGNMENT WINTER 2013 MBADS/ MBAFLEX/ MBAHCSN3/ MBAN2/ PGDBAN2 I MB0040 STATISTICS FOR MANAGEMENT B1731 4 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.
Questions Marks Total Marks Q.No 1 Distinguish between Classification and Tabulation. Explain the structure and

components of a Table with an example. Meaning of Classification and Tabulation Differences between Classification and Tabulation Structure and Components of a Table with an example
2

2 2 6

10

a) Describe the characteristics of Normal probability distribution. b) In a sample of 120 workers in a factory, the mean and standard deviation of wages were Rs. 11.35 and Rs.3.03 respectively. Find the percentage of workers getting wages between Rs.9 and Rs.17 in the whole factory assuming that the wages are normally distributed. Characteristics of Normal probability distribution Formula/Computation/Solution to the problem 4 6 10

a) The procedure of testing hypothesis requires a researcher to adopt several steps. Describe in brief all such steps. b) Distinguish between: i. Stratified random sampling and Systematic sampling ii. Judgement sampling and Convenience sampling

Hypothesis testing procedure Differences


4

4 6 (3 each)

10

a) What is regression analysis? How does it differ from correlation analysis? b) Calculate Karl Pearsons coefficient of correlation between X series and Y series. X Y 110 12 120 18 130 20 120 15 140 25 135 30 155 35 160 20
2 3 5

165 25

155 10
10

Meaning of Regression and Correlation Differences Formula/ Computation/ Solution to the problem
5

Briefly explain the methods and theories of Business forecasting. Meaning of Business forecasting Methods of Business forecasting Theories of Business forecasting
2 4 4 10

Construct Fishers Ideal Index for the given information and check whether Fishers formula satisfies Time Reversal and Factor Reversal Tests.
Items A B C D E F P0 16 12 14 20 80 40 Q0 5 10 8 6 3 2 P1 20 18 16 22 90 50 Q1 6 12 10 10 5 5

Formula of Fishers Ideal Index Computation of Fishers Ideal Index Fishers formula satisfies Time Reversal Test Fishers formula satisfies Factor Reversal Test

1 3 3 3

10

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