Assignment No. 1

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

Course Code: MBA602

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
statistics? (a) To simplify complexities (b) To compare
data with respect to time and date (c) To forecast the
future (d) To pass a bill
2. Statistical methods are (a) Collection of data (b)
Analysis of data (c) Classification of data (d) All of these
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

9. Quartiles divide the given data into (a) Four equal parts
(b) Two equal parts (c) Five equal parts (d) Ten Equal
parts
10. _________ is defined as the average of the difference
between the two extreme quartiles of a series (a) Range
(b) Median (c) Inter Quartile Range (d) Quartile
Deviation

SECTION B (20 MARKS)

Sr.
No.
Questions
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
expenses (‘000 Rs.)

Sales (lakh
Rs.)
39 47
65 53
62 58
90 86
82 62
75 68
25 60
98 91
36 51
78 84