University of Hyderabad Post Graduate Diploma in Business Management (PGDBM) I Term Assignment (2016) Dbm-416: Quantitative and Research Methods
University of Hyderabad Post Graduate Diploma in Business Management (PGDBM) I Term Assignment (2016) Dbm-416: Quantitative and Research Methods
University of Hyderabad Post Graduate Diploma in Business Management (PGDBM) I Term Assignment (2016) Dbm-416: Quantitative and Research Methods
University of Hyderabad
Post Graduate Diploma in Business Management (PGDBM)
I Term Assignment (2016)
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
5. The following table gives the aptitude test scores and productivity indices of 10 workers
selected at random:
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)
(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
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.
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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