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New Assignment 1-QTM

This document outlines an assignment for a Quantitative Techniques for Managers course. It includes 10 multiple choice questions worth 1 mark each in Section A, and 7 short answer questions worth 4 marks each in Section B. Students are instructed to answer all questions in Section A, which is compulsory, and any 5 questions from Section B. The assignment is worth a total of 30 marks and 15% of the course weightage. Questions cover topics like measures of central tendency, dispersion, correlation, sampling, and data collection methods.

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82 views2 pages

New Assignment 1-QTM

This document outlines an assignment for a Quantitative Techniques for Managers course. It includes 10 multiple choice questions worth 1 mark each in Section A, and 7 short answer questions worth 4 marks each in Section B. Students are instructed to answer all questions in Section A, which is compulsory, and any 5 questions from Section B. The assignment is worth a total of 30 marks and 15% of the course weightage. Questions cover topics like measures of central tendency, dispersion, correlation, sampling, and data collection methods.

Uploaded by

Suraj Apex
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Assignment No.

ProgrammeName: MBA Semester: 1 Credit: 3

Course Title: : Quantitative Techniques for Course Code: MBA602


Managers

Submitted Date: Last date of Submission:

Max. Marks:30 Weightage: 15 Marks


Instructions:
 Sec-A is compulsory which consists of 10 Multiple Choice Questions (1 mark per question)
 Attempt any five questions from Sec-B out of seven questions (4 marks each)

Assignment No.1
1. Which one of the following is not a function of 9. Quartiles divide the given data into (a) Four equal parts
statistics? (a) To simplify complexities (b) To compare (b) Two equal parts (c) Five equal parts (d) Ten Equal
data with respect to time and date (c) To forecast the parts
future (d) To pass a bill
10. _________ is defined as the average of the difference
2. Statistical methods are (a) Collection of data (b) between the two extreme quartiles of a series (a) Range
Analysis of data (c) Classification of data (d) All of these (b) Median (c) Inter Quartile Range (d) Quartile
Deviation
3. Data collected from “The Hindu” newspaper is an
example of (a) Primary data (b) Secondary data (c)
Continuous data (d) None of these

4. Which method of data collection is suitable when data


to be collected are confidential? (a) Mailed Questionnaire
(b) Direct personal Interview (c) Observation Method (d)
Schedule method

5. Secondary data are in the nature of ____________ as


they have already passed through the statistical machine.
(a) Raw materials (b) Finished products (c) Work in
progress (d) Closing stock
.
6.  Which method of sampling uses random selection to
generate representative samples from population? (a) Non
– Probability Sampling (b) Non random sampling (c)
Probability sampling (d) None of the above

7. A population containing definite number of object is


called (a) Finite Population (b) Infinite Population (c)
Destructive Population (d) Universe

8. The arithmetic mean of observations 14,13,32,41 and


55 is: (a) 23 (b) 25 (c) 31 (d) 32
SECTION B (20 MARKS)

Sr. Questions
No.
1. How has quantitative analysis changed the current scenario in the management world
today?
2. Describe the methods generally employed in the collection of primary data. Which of
these is most reliable and why?
3. Define correlation. Does correlation always signify causal relationship between two
variables? Discuss different methods of measuring correlation.
4. Calculate the mode from the following data:
Marks between No. Of students
10 and 15 4
10 and 20 12
10 and 25 30
10 and 30 60
10 and 35 80
10 and 40 90
10 and 45 95
10 and 50 97
5.  Describe the various measures of dispersion. Explain the relative merits and demerits
of each.
6. From the following data, determine the mode by grouping method:
X: 7 8 9 10 11 12 13 14 15 16 17
f: 2 3 6 12 20 24 25 7 5 3 1
7. Calculate Karl Pearson’s coefficient of correlation between expenditure on advertising
and sales from the data given below.
Advertising Sales (lakh
expenses (‘000 Rs.) Rs.)
39 47
65 53
62 58
90 86
82 62
75 68
25 60
98 91
36 51
78 84

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