Question Paper Code : 70301 M.B.A. DEGREE EXAMINATION, MAY/JUNE 2013. First Semester BA 9201/BA 911/UBA 9101/10488 MB 102 — STATISTICS FOR MANAGEMENT (Regulation 2009/2010) ‘Time : Three hours Maximum : 100 marks Use of statistical table is permitted Answer ALL questions. PART A — (10 x 2 = 20 marks) 1, What is conditional probability? 2, ‘Trains arrive at a'station at 15 min intervals starting at 4 a.m. If a passenger artives at the station at a time that is unidormly distributed between 9.00 a.m, and 9.30 a.m., find the probability that she has to wait for the train for less than 6 min, Distinguish between one tailed and two tailed tests. 4. Differentiate between point estimate and interval estimate, 5. Briefly deseribe significance level. 6, State the applications of Z and t tests, 7, What are the advantages of non-parametric tests? 8 State the limitations of rank correlation test. 9. Differentiate between correlation and regression, 30. Briefly explain Fisher's Jdeal Index.uM. 12, (@) (b) (a) (b) @ (i) @ Gi) Gi) Gi) a) PART B~ (5 x 16 = 80 marks) An urn contains 75 marbles, 35 of them are blue and the rest are red. 25 of the blue marbles are swirled while 30 of red ones are swirled. Find the probabilities of drawing Blue marble, Clear (Not swirled) marble, Blue swirled marble and Red clear marble. —_, (8) A blade manufacturer manufactures and supplies blades in packets of 10, There is a 0.2% probability for any blade to be defective. Find approximately the number of packets containing two defective blades in a consignment of 20,000 packets. @) Or ‘A group was planning to make a court challenge to two wheeler insurance rate in one of the three cities in Tamil Nadu: Madurai, Trichy and Chennai. The probability that it would choose Madurai = 0.4, Trichy = 0.35 and Chennai = 0.25. The chance of succeeding in the challenge in the above cities are 60%, 45% and 35% respectively, Determine the city where the chance of success is, the moximum. (10) It is observed that 80% of television viewers watch “Kaiyil Oru Kodi" programme. Find the probability that at least 80% of the viewers in a random sample of five, watch the programme. ©) Ina normally distributed population, average income per household is Rs.20,000 with a standard deviation of Rs.1,600. Find the probability that the sample mean will be between Rs. 19,600 and Rs.20,200 in a survey of a random sample of 100 households. (10) A university wants to determine the percentage.of students who would accept proposed foes hike for improving facilities. The university wants to be 90% confident that the percentage is within 2% of the true value, Find the sample size to achieve the accuracy regardless of the true percentage assuming the percentage of students accepting the increase in tuition fees to be 0.5. (6) Or A movie maker sampled 55 fans who, viewed his master piece movie and asked them whether they had planned to see it again. Only 10 of them believed that the movie was worthy of a second look. Find the standard ertor of the population of fans who will view the film a second time. Construct a 90% confidence interval for this population. ©) 2 70301@ (b) Gi) @ Gi ai) The manager of a shop selling beverages wants to estimate the actual amount of beverage in one litre hottles from a nationally known manufacturer. As por manufacturer's specifications the standard deviation of the volume of the beverage 18 0,02 litre. The average amount of beverage per 1 litre bottle is found to be 0.995 litre on checking 50 bottles. Set up 99% confidence interval estimate of the true population average amount of beverage in a Litre bottle. Check whether the manufacturer is genuine in filling the beverage. (10) ATMs must be stocked with enough cash t6 meet the reqitirements of customers over a week but excess cash results in loss of income as investment opportunities could not he utilized. In an ATM, the average transaction per customer in a week is Rs.8,000 with a standard deviation of Rs.1,500. If 9 random sample of 36 customer transactions is examined and it is observed that the sample mean withdrawal is Rs.8,600, check the belief that the true average withdrawal is no longer Rs.8,000. Assume 0.05 level of significance. 7 (8) ‘The success of a sales engineer in adopting the proven sales technique was found to be 12 out of 30 occasions. Hence he tried a novel technique and achieved success at a rate of 23 out of 40 occasions. Check whether the novel technique is effective at 5% level of significance. ® Or A consumer product manufacturing company was selling one of its leading products through a large number of retail shops. Before a heavy advertisement campaign, the average sales per week por shop was 140 dozens. After the campaign, a sample of 26 shops was taken and the mean sales improved to 147 dozens with a standard deviation of 16, Check the effectiveness of the advertisement campaign at 5% level of significance. 8) A quality control supervisor for an automobile manufacturer is concerned with uniformity in the number of defects in cars from assembly lines. If one assembly has significantly more variability in the number of defects, then changes are to be made. Data collected by the supervisor are as follows Number of Defects Assembly Line A Assembly Line B Mean 10 MW Variance 9 25 Sample size 20 16 Check whether the lines differ significantly on variability in the number of defects at 0.05 level of significance. @ a 7030114, (@) A large organization is checking whether a relationship exists between the commuting time of its employees and the level of stress related problems, A survey of 116 assembly line operators revealed tho following Level of stress dh Commuting ’Time High Moderate Low Under 15 min. 9 5 18 32 15-45 min. WwW 8 28 53 Over 45 min. 18 6 7 31 ‘Total 44 ~ 53 16 Chock whether a xelationship exists between the factors at 0.03 level of significance. (6) Or (b) The following are the final examination score of three groups of students who were taught computer science by three different methods First method 94 88 91 74 87 97 Second method 85 82 79 84 61 72 80 ‘Third method 89 67. 72 76 69 Verify whether the three methods are equally effective at 0.05 significance. 6) 15. (@) Data on reinfall and crop production for the past seven years are as follows . Rainfall in inches = 20 22 24 26°28 30 32 Crop production in’00 mds: 80 85 40 50 60 60 55 Find the correlation coefficient and comment on the relationship. (1) Or (>) ‘The percentage of students getting dream placements in campus selection in a leading technical institution during the past five years are as follows Year 2008 2009 2010 2011 2012 Percentage: 7.3 87 12 76 74 ¥ind the linear equation that describes the data. Also calculate the percent of trend and relative cyclical residual. Check whether the year of largest fluctuation is same by both the methods, (16) 70301