SlideShare a Scribd company logo
1 of 3
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
ASSIGNMENT
Q1 DistinguishbetweenClassificationandTabulation. Explain the structure and components of
a Table with an example.
 Meaning of Classification and Tabulation
 Differences between Classification and Tabulation
 Structure and Components of a Table with an example
Answer.
Meaning of Classification and Tabulation
Classification
According to Secrist, “Classification is the process of arranging data into sequences and groups
according to their common characteristics or separating them into different but related parts”.
According to Stockton and Clark, “The process of grouping large number of individual facts and
observations, on the basis of similarity
Q2. (a) Explain Arithmetic mean. 3
(b) The mean wage is Rs. 75 per day, SD wage is Rs. 5 per day for a group of 1000 workers and
the same is Rs. 60 and Rs. 4.5 for the other group of 1500 workers. Find the mean and standard
deviation for the entire group. 7
Answer:
DRIVE SPRING 2015
PROGRAM MBA
SEMESTER 1
SUBJECT CODE & NAME MB0040 STATISTICS FOR MANAGEMENT
BK ID B1731
CREDIT & MARKS 4 Credits,60 marks
Name XXXXX
(a) Arithmeticmean: Arithmeticmeanis defined as the sum of all values divided by number of
values and is represented by X . Arithmetic mean is also called ‘average’. It is most commonly
usedmeasuresof central tendency.Arithmetic Mean of a series is the value obtained by adding
all the observations of a series and
Q3. Mr. Arun and Mr. Bhandari play a game. If Mr. Arun picks up an even number from 1 to 6,
Mr. Bhandari will pay him double the amount equal to picked up number. If Mr. Arun picks up
an odd number then he has to pay amount equal to double the picked up number. What is Mr.
Arun’s expectation? 10
Solution:Let Xi be the randomvariable andP(Xi) be itsprobability.The probabilities are indicated
in table.
Required Values for Calculating Mean and Variance for the Data
NO. (Xi) P(Xi) Xi P(Xi)
1 -2 1/6 - 2/6
2 4 1/6 4/6
Q4. The probability that an employee will get an occupational disease is 20%. In a firm having
five employees, what is the probability that:
i) None of the employees get the disease 4
ii) Exactly two will get the disease 3
iii) More than four will contract the disease 3
Answer: Solution
Given that:
0.2
Q5. Microsoft estimated that out of 10,000 potential software buyers, 35% wait to purchase
the new OS Windows Vista, until an upgrade has been released. After an advertising campaign
to reassure the public was released, Microsoft surveyed 3000 buyers and found 950 who are
still skeptical. At 5% level of significance, can the company conclude that the population of
skeptical people had decreased? 10
Answer: Solution:
The procedure is explained in the following steps:
1. Null hypothesis Ho: p = .35
Q6. Explain Chi-square test and the conditions for applying chi-square test. (Meaning,
Conditions) 5, 5
Answer: Chi-Square test:The Chi-square testisone of the most commonly used non-parametric
tests describe the
is calculated as:
Where, O1, O2, O3….On are the observed frequencies and E1, E2, E3…En are the corresponding
expected or theoretical frequencies.
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601

More Related Content

Viewers also liked

NGERS and Data Capture Systems: Reporting Requirements
NGERS and Data Capture Systems:  Reporting RequirementsNGERS and Data Capture Systems:  Reporting Requirements
NGERS and Data Capture Systems: Reporting RequirementsMicheal Axelsen
 
Extreme Apprenticeship Meets Playful Design at Operating System Labs: A Case ...
Extreme Apprenticeship Meets Playful Design at Operating System Labs: A Case ...Extreme Apprenticeship Meets Playful Design at Operating System Labs: A Case ...
Extreme Apprenticeship Meets Playful Design at Operating System Labs: A Case ...Rosella Gennari
 
B Port Bedrijfspresentatie
B Port BedrijfspresentatieB Port Bedrijfspresentatie
B Port Bedrijfspresentatiemeijkens
 
FairShare_Morningstar_022607
FairShare_Morningstar_022607FairShare_Morningstar_022607
FairShare_Morningstar_022607webuploader
 
Serious Case Review Hanson & White
Serious Case Review Hanson & WhiteSerious Case Review Hanson & White
Serious Case Review Hanson & WhiteAnarchistPO
 
Fessup Investor Deck
Fessup Investor DeckFessup Investor Deck
Fessup Investor DeckHerbert Eng
 
Municipal Readiness for Economic Development
Municipal Readiness for Economic DevelopmentMunicipal Readiness for Economic Development
Municipal Readiness for Economic Developmentled4lgus
 
Reduce Capital & Operational Expenses with Business Productivity Online Suite
Reduce Capital & Operational Expenses with Business Productivity Online SuiteReduce Capital & Operational Expenses with Business Productivity Online Suite
Reduce Capital & Operational Expenses with Business Productivity Online SuiteMicrosoft Private Cloud
 
Building Adaptive Designs Now [UI17]
Building Adaptive Designs Now [UI17]Building Adaptive Designs Now [UI17]
Building Adaptive Designs Now [UI17]Aaron Gustafson
 
Preliminarybrief new
Preliminarybrief  newPreliminarybrief  new
Preliminarybrief newHeworthMedia1
 
Westjets Security Architecture Made Simple We Finally Got It Right
Westjets Security Architecture Made Simple We Finally Got It RightWestjets Security Architecture Made Simple We Finally Got It Right
Westjets Security Architecture Made Simple We Finally Got It RightPriyanka Aash
 
Brand identity impact thesis
Brand identity impact thesisBrand identity impact thesis
Brand identity impact thesisaamirsaifullah
 
IBM Aspera in Telecommunications
IBM Aspera in TelecommunicationsIBM Aspera in Telecommunications
IBM Aspera in TelecommunicationsChris Shaw
 

Viewers also liked (16)

NGERS and Data Capture Systems: Reporting Requirements
NGERS and Data Capture Systems:  Reporting RequirementsNGERS and Data Capture Systems:  Reporting Requirements
NGERS and Data Capture Systems: Reporting Requirements
 
Extreme Apprenticeship Meets Playful Design at Operating System Labs: A Case ...
Extreme Apprenticeship Meets Playful Design at Operating System Labs: A Case ...Extreme Apprenticeship Meets Playful Design at Operating System Labs: A Case ...
Extreme Apprenticeship Meets Playful Design at Operating System Labs: A Case ...
 
B Port Bedrijfspresentatie
B Port BedrijfspresentatieB Port Bedrijfspresentatie
B Port Bedrijfspresentatie
 
CEN/BII presentation EXPP summit
CEN/BII presentation EXPP summitCEN/BII presentation EXPP summit
CEN/BII presentation EXPP summit
 
FairShare_Morningstar_022607
FairShare_Morningstar_022607FairShare_Morningstar_022607
FairShare_Morningstar_022607
 
Serious Case Review Hanson & White
Serious Case Review Hanson & WhiteSerious Case Review Hanson & White
Serious Case Review Hanson & White
 
Week 22
Week 22Week 22
Week 22
 
Fessup Investor Deck
Fessup Investor DeckFessup Investor Deck
Fessup Investor Deck
 
Strategic Management Journal
Strategic Management JournalStrategic Management Journal
Strategic Management Journal
 
Municipal Readiness for Economic Development
Municipal Readiness for Economic DevelopmentMunicipal Readiness for Economic Development
Municipal Readiness for Economic Development
 
Reduce Capital & Operational Expenses with Business Productivity Online Suite
Reduce Capital & Operational Expenses with Business Productivity Online SuiteReduce Capital & Operational Expenses with Business Productivity Online Suite
Reduce Capital & Operational Expenses with Business Productivity Online Suite
 
Building Adaptive Designs Now [UI17]
Building Adaptive Designs Now [UI17]Building Adaptive Designs Now [UI17]
Building Adaptive Designs Now [UI17]
 
Preliminarybrief new
Preliminarybrief  newPreliminarybrief  new
Preliminarybrief new
 
Westjets Security Architecture Made Simple We Finally Got It Right
Westjets Security Architecture Made Simple We Finally Got It RightWestjets Security Architecture Made Simple We Finally Got It Right
Westjets Security Architecture Made Simple We Finally Got It Right
 
Brand identity impact thesis
Brand identity impact thesisBrand identity impact thesis
Brand identity impact thesis
 
IBM Aspera in Telecommunications
IBM Aspera in TelecommunicationsIBM Aspera in Telecommunications
IBM Aspera in Telecommunications
 

Similar to Mb0040 statistics for management

Mb0040 statistics for management
Mb0040   statistics for managementMb0040   statistics for management
Mb0040 statistics for managementStudy Stuff
 
Mb0040 MBA Summer 2015 Assignments
Mb0040 MBA Summer 2015 AssignmentsMb0040 MBA Summer 2015 Assignments
Mb0040 MBA Summer 2015 Assignmentssolved_assignments
 
Mb0040 statistics for management
Mb0040   statistics for managementMb0040   statistics for management
Mb0040 statistics for managementsmumbahelp
 
PSYCH 625 MENTOR Education Your Life / psych625mentor.com
PSYCH 625 MENTOR Education Your Life / psych625mentor.comPSYCH 625 MENTOR Education Your Life / psych625mentor.com
PSYCH 625 MENTOR Education Your Life / psych625mentor.comkopiko27
 
Mb0040 statistics for management
Mb0040   statistics for managementMb0040   statistics for management
Mb0040 statistics for managementsmumbahelp
 
IIM Rohtak Case Study Competition
IIM Rohtak Case Study Competition IIM Rohtak Case Study Competition
IIM Rohtak Case Study Competition devarkfirst
 
Case Study on Placement Solution to AS Business School (Biswadeep Ghosh Hazra...
Case Study on Placement Solution to AS Business School (Biswadeep Ghosh Hazra...Case Study on Placement Solution to AS Business School (Biswadeep Ghosh Hazra...
Case Study on Placement Solution to AS Business School (Biswadeep Ghosh Hazra...Biswadeep Ghosh Hazra
 
Mb0040 statistics for management
Mb0040 statistics for managementMb0040 statistics for management
Mb0040 statistics for managementsmumbahelp
 
QNT 561 NERD Education System--qnt561nerd.com
QNT 561 NERD Education System--qnt561nerd.comQNT 561 NERD Education System--qnt561nerd.com
QNT 561 NERD Education System--qnt561nerd.commamatha503
 
Mth 540 Massive Success / snaptutorial.com
Mth 540 Massive Success / snaptutorial.comMth 540 Massive Success / snaptutorial.com
Mth 540 Massive Success / snaptutorial.comReynoldsha
 
Mth 540 Success Begins / snaptutorial.com
Mth 540  Success Begins / snaptutorial.comMth 540  Success Begins / snaptutorial.com
Mth 540 Success Begins / snaptutorial.comWilliamsTaylor63
 
Executive MPH Program PBHL 600ES – Health Management a.docx
Executive MPH Program   PBHL 600ES – Health Management a.docxExecutive MPH Program   PBHL 600ES – Health Management a.docx
Executive MPH Program PBHL 600ES – Health Management a.docxSANSKAR20
 
PSYC 317 – Spring 2015 Exam 1Answer the questions below to .docx
PSYC 317 – Spring 2015 Exam 1Answer the questions below to .docxPSYC 317 – Spring 2015 Exam 1Answer the questions below to .docx
PSYC 317 – Spring 2015 Exam 1Answer the questions below to .docxamrit47
 
InstructionDue Date 6 pm on October 28 (Wed)Part IProbability a.docx
InstructionDue Date 6 pm on October 28 (Wed)Part IProbability a.docxInstructionDue Date 6 pm on October 28 (Wed)Part IProbability a.docx
InstructionDue Date 6 pm on October 28 (Wed)Part IProbability a.docxdirkrplav
 
1 MATH 115 Quiz3_Fall2018 NAME __________________.docx
1 MATH 115 Quiz3_Fall2018 NAME __________________.docx1 MATH 115 Quiz3_Fall2018 NAME __________________.docx
1 MATH 115 Quiz3_Fall2018 NAME __________________.docxoswald1horne84988
 
Six Sigma @ The Edge
Six Sigma @ The EdgeSix Sigma @ The Edge
Six Sigma @ The EdgeLisa Kennedy
 
QNT 561 Education System--qnt561.com
QNT 561 Education System--qnt561.comQNT 561 Education System--qnt561.com
QNT 561 Education System--qnt561.commamatha503
 

Similar to Mb0040 statistics for management (18)

Mb0040 statistics for management
Mb0040   statistics for managementMb0040   statistics for management
Mb0040 statistics for management
 
Mb0040 MBA Summer 2015 Assignments
Mb0040 MBA Summer 2015 AssignmentsMb0040 MBA Summer 2015 Assignments
Mb0040 MBA Summer 2015 Assignments
 
Mb0040 statistics for management
Mb0040   statistics for managementMb0040   statistics for management
Mb0040 statistics for management
 
PSYCH 625 MENTOR Education Your Life / psych625mentor.com
PSYCH 625 MENTOR Education Your Life / psych625mentor.comPSYCH 625 MENTOR Education Your Life / psych625mentor.com
PSYCH 625 MENTOR Education Your Life / psych625mentor.com
 
Mb0040 statistics for management
Mb0040   statistics for managementMb0040   statistics for management
Mb0040 statistics for management
 
IIM Rohtak Case Study Competition
IIM Rohtak Case Study Competition IIM Rohtak Case Study Competition
IIM Rohtak Case Study Competition
 
Case Study on Placement Solution to AS Business School (Biswadeep Ghosh Hazra...
Case Study on Placement Solution to AS Business School (Biswadeep Ghosh Hazra...Case Study on Placement Solution to AS Business School (Biswadeep Ghosh Hazra...
Case Study on Placement Solution to AS Business School (Biswadeep Ghosh Hazra...
 
Mb0040 statistics for management
Mb0040 statistics for managementMb0040 statistics for management
Mb0040 statistics for management
 
QNT 561 NERD Education System--qnt561nerd.com
QNT 561 NERD Education System--qnt561nerd.comQNT 561 NERD Education System--qnt561nerd.com
QNT 561 NERD Education System--qnt561nerd.com
 
Nmims papers
Nmims papersNmims papers
Nmims papers
 
Mth 540 Massive Success / snaptutorial.com
Mth 540 Massive Success / snaptutorial.comMth 540 Massive Success / snaptutorial.com
Mth 540 Massive Success / snaptutorial.com
 
Mth 540 Success Begins / snaptutorial.com
Mth 540  Success Begins / snaptutorial.comMth 540  Success Begins / snaptutorial.com
Mth 540 Success Begins / snaptutorial.com
 
Executive MPH Program PBHL 600ES – Health Management a.docx
Executive MPH Program   PBHL 600ES – Health Management a.docxExecutive MPH Program   PBHL 600ES – Health Management a.docx
Executive MPH Program PBHL 600ES – Health Management a.docx
 
PSYC 317 – Spring 2015 Exam 1Answer the questions below to .docx
PSYC 317 – Spring 2015 Exam 1Answer the questions below to .docxPSYC 317 – Spring 2015 Exam 1Answer the questions below to .docx
PSYC 317 – Spring 2015 Exam 1Answer the questions below to .docx
 
InstructionDue Date 6 pm on October 28 (Wed)Part IProbability a.docx
InstructionDue Date 6 pm on October 28 (Wed)Part IProbability a.docxInstructionDue Date 6 pm on October 28 (Wed)Part IProbability a.docx
InstructionDue Date 6 pm on October 28 (Wed)Part IProbability a.docx
 
1 MATH 115 Quiz3_Fall2018 NAME __________________.docx
1 MATH 115 Quiz3_Fall2018 NAME __________________.docx1 MATH 115 Quiz3_Fall2018 NAME __________________.docx
1 MATH 115 Quiz3_Fall2018 NAME __________________.docx
 
Six Sigma @ The Edge
Six Sigma @ The EdgeSix Sigma @ The Edge
Six Sigma @ The Edge
 
QNT 561 Education System--qnt561.com
QNT 561 Education System--qnt561.comQNT 561 Education System--qnt561.com
QNT 561 Education System--qnt561.com
 

Mb0040 statistics for management

  • 1. Dear students get fully solved assignments Send your semester & Specialization name to our mail id : “ help.mbaassignments@gmail.com ” or Call us at : 08263069601 ASSIGNMENT Q1 DistinguishbetweenClassificationandTabulation. Explain the structure and components of a Table with an example.  Meaning of Classification and Tabulation  Differences between Classification and Tabulation  Structure and Components of a Table with an example Answer. Meaning of Classification and Tabulation Classification According to Secrist, “Classification is the process of arranging data into sequences and groups according to their common characteristics or separating them into different but related parts”. According to Stockton and Clark, “The process of grouping large number of individual facts and observations, on the basis of similarity Q2. (a) Explain Arithmetic mean. 3 (b) The mean wage is Rs. 75 per day, SD wage is Rs. 5 per day for a group of 1000 workers and the same is Rs. 60 and Rs. 4.5 for the other group of 1500 workers. Find the mean and standard deviation for the entire group. 7 Answer: DRIVE SPRING 2015 PROGRAM MBA SEMESTER 1 SUBJECT CODE & NAME MB0040 STATISTICS FOR MANAGEMENT BK ID B1731 CREDIT & MARKS 4 Credits,60 marks Name XXXXX
  • 2. (a) Arithmeticmean: Arithmeticmeanis defined as the sum of all values divided by number of values and is represented by X . Arithmetic mean is also called ‘average’. It is most commonly usedmeasuresof central tendency.Arithmetic Mean of a series is the value obtained by adding all the observations of a series and Q3. Mr. Arun and Mr. Bhandari play a game. If Mr. Arun picks up an even number from 1 to 6, Mr. Bhandari will pay him double the amount equal to picked up number. If Mr. Arun picks up an odd number then he has to pay amount equal to double the picked up number. What is Mr. Arun’s expectation? 10 Solution:Let Xi be the randomvariable andP(Xi) be itsprobability.The probabilities are indicated in table. Required Values for Calculating Mean and Variance for the Data NO. (Xi) P(Xi) Xi P(Xi) 1 -2 1/6 - 2/6 2 4 1/6 4/6 Q4. The probability that an employee will get an occupational disease is 20%. In a firm having five employees, what is the probability that: i) None of the employees get the disease 4 ii) Exactly two will get the disease 3 iii) More than four will contract the disease 3 Answer: Solution Given that: 0.2 Q5. Microsoft estimated that out of 10,000 potential software buyers, 35% wait to purchase the new OS Windows Vista, until an upgrade has been released. After an advertising campaign to reassure the public was released, Microsoft surveyed 3000 buyers and found 950 who are still skeptical. At 5% level of significance, can the company conclude that the population of skeptical people had decreased? 10
  • 3. Answer: Solution: The procedure is explained in the following steps: 1. Null hypothesis Ho: p = .35 Q6. Explain Chi-square test and the conditions for applying chi-square test. (Meaning, Conditions) 5, 5 Answer: Chi-Square test:The Chi-square testisone of the most commonly used non-parametric tests describe the is calculated as: Where, O1, O2, O3….On are the observed frequencies and E1, E2, E3…En are the corresponding expected or theoretical frequencies. Dear students get fully solved assignments Send your semester & Specialization name to our mail id : “ help.mbaassignments@gmail.com ” or Call us at : 08263069601