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ASSIGNMENT
DRIVE SPRING 2014
PROGRAM BBA
SEMESTER 1
SUBJECT CODE &
NAME
BBA104
QUANTITATIVE TECHNIQUES IN BUSINESS
BK ID B1500
CREDITS 2
MARKS 30
Note: Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
Q.No Questions Marks Total
Marks
1 Give a brief description of the different measures of central tendency. What are the
advantages and disadvantages of the three common averages: Mean, Median and
Mode?
Meaning of measures of central tendency
Description of different measures of central tendency
Advantages and disadvantages (Mean, Median and Mode)
2
4
4
10
2 Explain the following:
a. Control charts for variables
b. Control charts for attributes
c. Acceptance sampling
Control charts for variables
Control charts for attributes
Acceptance sampling
4
4
2
10
3 What is consumer price index number? Explain the methods of constructing consumer
price index with an example for each.
Explanation of consumer price index number
Two methods of constructing consumer price index
(Explanation and Example)
2
8
(4 each)
10

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