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    Business Statistics For Decision Making

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    Sisa Juma
    Based on the sample data provided, as the amount Raman Kaul's tea firm spends on marketing increases, the sales of the firm also tend to increase. The positive slope (b1) of

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    Business Statistics For Decision Making

    Uploaded by

    Sisa Juma
    27 views3 pages
    Based on the sample data provided, as the amount Raman Kaul's tea firm spends on marketing increases, the sales of the firm also tend to increase. The positive slope (b1) of

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    Business Statistics for Decision Making

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    Based on the sample data provided, as the amount Raman Kaul's tea firm spends on marketing increases, the sales of the firm also tend to increase. The positive slope (b1) of

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    27 views3 pages

    Business Statistics For Decision Making

    Uploaded by

    Sisa Juma
    Based on the sample data provided, as the amount Raman Kaul's tea firm spends on marketing increases, the sales of the firm also tend to increase. The positive slope (b1) of

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    1. Calculate the Weighted Arithmetic Mean using following data.

    A Rajinder-Cycle has organized recruitment for the post of Product Manager. The process
    involves writing test, group discussion, interview, and experience. If the candidate scores
    90%, then only he/she gets selected.
    The weightage for each criterion is given as below:

    Ms. Anjali Saproo scores 91, 95, 86 and 96 in each of the criterion respectively, what is
    her chance of getting this job?

    2. Calculate the Regression line Y on X for the following Data. Interpret the b1 only.
    Raman Kaul is running a Tea making Firm, Doda Tea Factory. He wanted to know the
    impact of amount his firm spending in marketing the product on sales. He has generated
    one sample data on sales and amount spending in marketing of the product. This sample
    data is available here.
    Note: Do not use any software, calculate manually.

    3. a. Write the steps of forming a sample (of size 20) only once you download the data from
    the provided source. I want to know the challenges that Active Registered Companies are
    facing in Ladakh in recent time. I will conduct interview round with them, but I need
    sample of 20 Active-companies of Ladakh. I want to adopt Proportionate Stratified
    Random Sampling. I could see all the companies are divided into subgroups (subpopulations)
    like public, Private and Private one person company.
    Data Link for the data has been provided.
    https://data.gov.in/catalog/company-master-data
    3. b. Write the Data-classification type of the following data along with justification.

    Data Source: RBI

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