Assignment No. 2

ProgrammeName: MBA Semester: 1 Credit: 3
Course Title: Quantitative Techniques for
Managers

Course Code: MBA602

Submitted Date: Last date of Submission: 20 th Feb, 2021
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. Range limit can be expressed as
a. R = L+S
b. R = L+S/2
c. R = L-S
d. None of these
2. The most commonly used measure of dispersion
is……
a. Range
b. Standard deviation
c. Coefficient of variation
d. Quartile deviation
3. The range based on middle 50% of the
observation is called……….
a. Quartile deviation
b. Inter-quartile deviation
c. Inter-quartile range
d. None of the above
4. Which of the following is the tool of measure of
the variation of items?
a. Mean
b. Mode
c. Median
d. Dispersion

5. Compute the coefficient of range from the
following data
91,54,44,56,71,25,09,27,72,62.
a. 0.79
b. 0.82

c. 0.85
6.  Which of the following is not a theoretical
distribution of probability?
a. Binomial distribution
b. Poisson distribution
c. Bayes’ theorem
d. Normal distribution
7. In binomial distribution, probability of ‘ not
success’ is equal to
a. p
b. q
c. 1 – p
d. Both (b) and (c)
8. The curve of normal distribution is………. The
horizontal axis.
a. Unimodal
b. Bimodal
c. Multimodal
d. None of these
9. Poisson distribution is ……….. probability
distribution.
a. Individual
b. Discrete
c. Continuous
d. None of these
10. A prior probability is an ………. Probability
value.
a. Eventual
b. Initial
c. Final
d. None of these

SECTION B (20 MARKS)

Sr.
No.
Questions
1. “Statistics are numerical statements of facts in any department and placed in relation to each
other.” Comment and discuss the characteristics of Statistics.
2. Describe the methods generally employed in the collection of primary data. Which of these is
most reliable and why?
3. “It is never to take published statistics at their face value without knowing their meaning and
limitations” – Bowley. Elucidate.
4. “Classification is the process of arranging things (either actually or notionally) in groups or
classes according to their resemblances and affinities giving expression to the unity of attributes
that may subsist amongst a diversity of individuals”.
Elucidate the above statement.
5. What is a statistical table? State its components. What considerations should govern framing a
table?
6. Explain different types of diagrams that are used in preparing statistical data.
7. Represent the following data through a suitable diagram:
Items of Expenditure Family A
(Income Rs. 500)

Family B
(Income Rs. 800)
Food 200 250
Clothing 100 200
House Rent 80 100
Fuel and Lighting 40 50
Miscellaneous 80 200
Total Rs. 500 Rs. 800