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MARUTI SUZUKI- A Successful Joint Venture in India.pptx
Business statistics
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NMIMS Global Access
School for Continuing Education (NGA-SCE)
Business Statistics
Internal Assignment Applicable for June 2016 Examination
Assignment Marks: 30
Instructions:
All Questions carry equal marks.
All Questions are compulsory
All answers to be explained in not more than 1000 words for question 1 and 2 and for
question 3in not more than 500 words for each subsection. Use relevant examples,
illustrations as far aspossible.
All answers to be written individually. Discussion and group work is not advisable.
Students are free to refer to any books/reference material/website/internet for attempting
theirassignments, but are not allowed to copy the matter as it is from the source of
reference.
Students should write the assignment in their own words. Copying of assignments from
otherstudents is not allowed.
Question. 1.Differentiate between correlation and regression.
Explain with suitable example using data.(10 Marks)
2. Answer:Correlation: In correlation analysis, we gauge an example Correlation coefficient, all the
more particularly the Pearson Product Moment Correlation coefficient. The specimen correlation
coefficient, meant r,
rangesbetween - 1 and+1 andevaluatesthe headingandqualityof the straightcorrelationbetween
the two variables.The Correlationbetween'stwovariablescanbe sure (i.e.,more elevated amounts
of one variable are connected with more elevated amounts of the other) or negative (i.e., more
elevated amounts of one variable are connected with lower levels of the other).
The indication of the correlation coefficient shows the course of the affiliation. The size of the
correlation coefficient shows the quality of the affiliation.
For instance, a correlation of r = 0.9 proposes a
Question.2. You want to find a measure of central tendency for
income of persons who have boarded aparticular train on a
particular date at the originating station. What measure will you
useand why? What measure will you choose for dispersion and
why? (10 marks)
Answer:Measuring: Surveying on the salary. In the event that I was you, I would enter trains of
various sorts to various time and Survey (quantitative survey). Remember that straightforwardly
getting some data about wage in the train may be translated off-base. So get some data about
differentthings,forexample,identity,time administration,kind of travel (get-aways, drive). Toward
the end to ask the "general inquiries" and among them the wage tendency.
Question.3. a)Distinguish between independence of events and
mutual exclusivity of events with thehelp of example. (5 marks)
Answer:Events are fundamentally unrelated if the event of one occasion bars the event of the
other(s).FundamentallyunrelatedEventscan'thappeninthe meantime.Forinstance:whileflipping
a coin, the outcome can either be Heads or Tails yet can't be both.
b)In how many ways can the letters of the word “MADAM” be
rearranged? (5 marks)
3. Answer:The rearrangementsof wordsallowsustofindmanyotherrelated words and when we talk
about the rearranged groups of “MADAM” then we will find the answer with the help of anagram.
Below is the anagram process and the answer of this question.
Step 1: Count the quantity of Letters you have (Answer: 5)
Step 2 : Get its factorial (meant by "!") in the numerator.
Step 3 : Get the Factorial of the rehashing letters in the denominator
5! /( 2! * 2!)
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