University of Hyderabad Post Graduate Diploma in Business Management (PGDBM) I Term Assignment (2016) Dbm-416: Quantitative and Research Methods

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CENTRE FOR DISTANCE AND VIRTUAL LEARNING

University of Hyderabad
Post Graduate Diploma in Business Management (PGDBM)
I Term Assignment (2016)

DBM-416: QUANTITATIVE AND RESEARCH METHODS


Answer all the following. Make necessary assumptions wherever needed. All answers carry equal marks

1.All statistics are numerical statements but all numerical statements are not statistics.
Examine.

2. The Casual Life Insurance Company is considering purchasing a new fleet of company

cars. The financial departments director, Tom Dawkins, sampled 40 employees to determine
the number of miles each drove over a 1-year period. The results of the study follow.
Calculate the range and inter quartile range.
3600

4,200

4,700

4,900

5,300

5,700

6,700

7,300

7,700

8,100

8,300

8,400

8,700

8,700

8,900

9,300

11,000

11,300

11,300

11,800

12,100

12,700

12,900

13,100

9,500

13,500

9,500

13,800

9,700

14,600

10,000

14,900

10,300
16,300

10,500
17,200

10,700
18,500

10,800
20,300

3. A company has three plants to manufacture 8,000 scooters in a month. Out of 8,000 scooters,
plant I manufactures 4, 000, plant II manufacturers 3,000 and plant III manufacturers 1,000

scooters. At plant I, 85 out of 100 scooters are rated of standard quality or better, at plant II
only 65 out of 100 scooters are rated of standard quality or better and at plant III 60 out of 100

scooters are rated of standard quality or better. What is the probability that the scooter selected
at random comes from (i) plant I. (ii) plant II, and (iii) if it is known that the scooter is of a
standard quality?

4. Two persons were asked to watch ten specified TV programmes and offer their evaluation
by rating them 1 to 10. These ratings are given below.

TV Programme

Ranks given by X
Ranks given by Y

10

10

Calculate Spearmans coefficient of correlation of the two ratings

5. The following table gives the aptitude test scores and productivity indices of 10 workers
selected at random:

Aptitude scores (X)

60 62 65 70 72 48 53 73 65 82

Productivity index(Y) 68 60 62 80 85 40 52 62 60 81
Calculate the two regression equations and estimate (i) the productivity index of a

worker whose test score is 92. (ii) The test score of a worker whose productivity index
is 75.

6. Fit a trend line by the method of semi-averages to the data given below. Estimate the sales
for 1997. If the actual sale for that year is Rs.520 lakhs account for the difference between
the two figures.

Year
1989
1990
1991
1992

Sales

Year

412

1993

444

1995

(Rs.lakhs)
438

Sales

(Rs.lakhs)

1994

454

1996

470
482
490
500

7. What are the advantages and limitations of sampling? Describe the various steps
involved in the sampling process.

8. A radio shop sells, on an average, 200 radios per day with a standard deviation of 50

radios. After an extensive advertising campaign, the management will compute the
average sales for the next 25 days to see whether an improvement has occurred. Assume
that the daily sales of radios are normally distributed.
(i)

Write down the null and alternative hypothesis

test the hypothesis at 5 percent level of significance if x 216

(ii)

(iii) How large must x be in order that the null hypothesis is rejected at 5 percent
level of significance?

9. Three varieties of wheat, A, B and C, were treated with four different fertilizers, 1,2,3

and the yields of wheat per acre were as follows:

Fertilizers

Varieties of wheat
B

Total

53

183

55

72

47

58

57

74

2
4

64
59

66
57

58

174
189
174

Perform an analysis of variance on the above data and interpret the results.

10. Enumerate the different nonparametric tests and explain any two of them.

11. Research is much concerned with proper fact finding, analysis and evaluation.
agree with this statement? Give reasons in support of your answer.

12. Explain the steps involved in the research design process?

Do you

13. Explain the role of Data collection in Research? Evaluate Interviewing as a method of Data
collection.

14. Explain the important stages in data analysis. Give two examples.
15. Describe the process of report preparation.

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