East End Computing and Business College

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EAST END COMPUTING AND BUSINESS

COLLEGE

HND IN BUSINESS

UNIT-6: BUSINESS DECISION MAKING

STUDENT NAME: ABUL FOYEZ


Student id- 1609131403
Date of submission

Assignment1

Page

Q.1 Create a plan for the collection of primary


and secondary data for the given scenario
Q.2 Present the survey methodology and
sampling frame used
Q.3 Design a questionnaire to know the
opinion of students and staff on the matter
Q.4 Create information design making by
summarizing data using representative values
Q.5 Analyze the results to draw valid
conclusions in the above scenario
Q.6 Produce graphs using spreadsheet and
draw valid conclusion based on the
information
Q.7 Create trend lines in spreadsheet graphs to
assist in forecasting so that the college
management can forecast what they need to
spend in the future
Q.8 Prepare a business presentation using
Microsoft power point
Q.9 Produce a formal business report
Assignment 2
Q.1Math
Q.2 Math
Assignment 3
Q.1Critical path
Q.2NPV Math
Reference

1
5
7
12
13
17
18-22

23-32
33-39
40
43
44
47
49

Q.1: Plan for collecting primary and secondary data:


Collection of secondary data:
Secondary data can be collected from either internal source within the collage or from external
source for free or at some cost.

Internal secondary data: we can collect data which was previously collected in-house
information that was originally used for some other purpose.
External secondary data collection:
We can also collect data from outside the collage about what we will get by refurbishing the
collage. That information may take different from, like some of the information can found in
public library and other information may be available for only a nominal fee.

Collection primary data:


We can collect primary data by taking interview with the students and the staff of the collage. We
can ask question about that if they are agreed with refurbishing of the collage or not. We can
provide them survey paper to gather information about their opinion on the refurbishing of the
collage.
Q.2: Methodology and Frame of the data:
Methodology:
The report is entirely based on assuming data. The idea for this research is to collect information
about refurbishing the collage from its students and staff member. We used 5 scale of liker scale
to collect data from the students and staffs of the collage.
Frame of the data:
We designed the sample of 10 sample of student and 10 samples of staff of the collage. Our targeted
samples are the student and staff of the collage.
The samples are the true representative of the student and staff who study and work in the collage and
they know better about the information if there any need for refurbishing.
We know that, if the sample size is small (say 30 or less) then the sample statistic will follow tdistribution. Here the sample size is 10 which are small.
We chose sample of 10 student and 10 staff of the collage.
Null hypothesis H0: 1= 2, i.e., there is no significant difference in the popularity for
refurbishing the college between students and staff. We will be Appling t-test.

( X 1X 2 )
n 1n 2
t=
s
(n 1+n 2)

We prepared 10 questionnaires and distribute 20 copies of questionnaires among 10 student and 10


staff member. We developed questionnaires by which we collected the most representative data for
analysis .The questions were clear & easy to understand, answerable with tick mark in appropriate
options. Each question contains 5 options. They filled it as their own choices.
Q.3: Questionnaires for know the opinion of the staff and student of refurbishing the whole
collage:
Screener questionnaire for Student and staff opinion survey
Q1.Do you think that the present condition of the collage is good?
1. Strongly Agree 2.somewhat agree 3.Neither agree or disagree 4.somewhat disagree
5.stronglydisagree
Q2.do you think that refurbishing of the collage is needed?
1. Strongly Agree 2.somewhat agree 3.Neither agree or disagree 4.somewhat disagree
5.strongly disagree
Q3.Do you think that refurbishing of the collage will improve the environment?
1. Strongly Agree 2.somewhat agree 3.Neither agree or disagree 4.somewhat disagree
5.strongly disagree
Q4.Do you think that refurbishing of the collage will attract new students?
1. Strongly Agree 2.somewhat agree 3.Neither agree or disagree 4.somewhat disagree
5.strongly disagree
Q5.Do you think that refurbishing of the collage will guide you to become neat and clean?
1. Strongly Agree 2.somewhat agree 3.Neither agree or disagree 4.somewhat disagree
5.strongly disagree
Q6.Do you think that refurbishing of the collage will help to improve your study and cut your
bordem?
1. Strongly Agree 2.somewhat agree 3.Neither agree or disagree 4.somewhat disagree
5.strongly disagree
Q7.Do you think that refurbishing of the collage will refresh you physically and mentally?
1. Strongly Agree 2.somewhat agree 3.Neither agree or disagree 4.somewhat disagree
5.strongly disagree
Q8.Do you think that refurbishing of the collage will help you with health issues?
1. Stronglty Agree 2.somewhat agree 3.Neither agree or disagree 4.somewhat disagree
5.strongly disagree

Q9.Do you think that refurbishing of the collage will help you to increase your concentration on
study?
1. Stronglty Agree 2.somewhat agree 3.Neither agree or disagree 4.somewhat disagree
5.strongly disagree
Q10.Do you think that refurbishing of the collage will be waste of money?
1. Stronglty Agree 2.somewhat agree 3.Neither agree or disagree 4.somewhat disagree
5.strongly disagree
Q.4: Creating information for decision making by summarizing data using representative values
Observation
Question 01
Question 02
Question 03
Question 04
Question 05
Question 06
Question 07
Question 08
Question 09
Question 10
Total

01
(.14)
(.11)
(.12)
(.13)
(.15)
(.13)
(.14)
(.13)
(.11)
(.15)
3.1

Student side
02
03
04
(.13) (.14) (.12)
(.11) (.12) (.12)
(.13) (.13) (.13)
(.13) (.13) (.14)
(.15) (.15) (.15)
(.14) (.12) (.15)
(.14) (.13) (.14)
(.12) (.13) (.15)
(.13) (.13) (.14)
(.15) (.15) (.13)
3.3
3.3
3.7

Observation
Question 01
Question 02
Question 03
Question 04
Question 05
Question 06
Question 07
Question 08
Question 09
Question 10
Total

01
(.13)
(.11)
(.13)
(.13)
(.11)
(.12)
(.13)
(.12)
(.12)
(.15)
2.2

Staff members
02
03
04
(.15) (.13) (.15)
(.13) (.11) (.12)
(.13) (.13) (.13)
(.13) (.13) (.13)
(.15) (.15) (.15)
(.13) (.13) (.13)
(.14) (.14) (.14)
(.12) (.12) (.13)
(.13) (.13) (.13)
(.15) (.15) (.15)
3.6
3.2
3.6

Q.5: Analysis the data:


Data Analysis:

05
(.14)
(.12)
(.13)
(.15)
(.11)
(.14)
(.14)
(.14)
(.12)
(.14)
3.3

06
(.13)
(.13)
(.14)
(.15)
(.11)
(.15)
(.14)
(.14)
(.15)
(.13)
3.7

07
(.15)
(.14)
(.15)
(.14)
(.12)
(.13)
(.15)
(.14)
(.14)
(.14)
4.1

08
(.14)
(.14)
(.15)
(.14)
(.12)
(.15)
(.14)
(.15)
(.13)
(.13)
3.9

09
(.13)
(.13)
(.11)
(.13)
(.11)
(.15)
(.14)
(.13)
(.13)
(.14)
3

10
(.14)
(.12)
(.13)
(.13)
(.11)
(.14)
(.13)
(.13)
(.11)
(.14)
2.8

05
(.15)
(.14)
(.13)
(.13)
(.15)
(.13)
(.14)
(.13)
(.13)
(.15)
3.8

06
(.13)
(.14)
(.14)
(.14)
(.12)
(.12)
(.15)
(.13)
(.14)
(.14)
3.4

07
(.13)
(.12)
(.12)
(.14)
(.15)
(.14)
(.13)
(.14)
(.12)
(.15)
3.4

08
(.13)
(.13)
(.12)
(.14)
(.15)
(.14)
(.14)
(.15)
(.14)
(.13)
3.7

09
(.14)
(.15)
(.14)
(.15)
(.13)
(.14)
(.14)
(.15)
(.15)
(.13)
4.2

10
(.14)
(.12)
(.13)
(.14)
(.14)
(.14)
(.14)
(.12)
(.14)
(.14)
3.5

We put weights to each question 0. 1.so that the total weight is 1(0.110=1).We ranked the 5 options
as 5,4,3,2,1 which is descending. Then by multiplying rank with the weight we find out the popularity
of the students and staff(X1 and X2).
After that, we used t distribution techniques to find out is there any difference in the popularity of the
two credit cards.
As a result, we formulated a hypothesis that there is no significant difference of popularity between
student and staff.

Null hypothesis H0: 1= 2, i.e., there is no significant difference in the popularity of the need of
students and staff member .they both want to refurbishing the collage.. We will be Appling t-test.

( X 1X 2 )
n 1n 2
s
(n 1+n 2)

t=

CALCULATION FOR THE

X1

X1
(X1- X1)
(X1- X1)2
X2
3.1
-0.32
0.1024
2.2
3.3
-0.12
0.0144
3.6
3.3
-0.12
0.0144
3.2
3.7
0.28
0.0784
3.6
3.3
-0.12
0.0144
3.8
3.7
0.28
0.0784
3.4
4.1
0.68
0.4624
3.4
3.9
0.48
0.2304
3.7
3
-0.42
0.1764
4.2
2.8
-0.62
0.3844
3.5
X1=34.2 (X 1- X1)=0 (X 1- X1)2=1.556 X2=34.6
X1
n

Here, X1=

34.2
10

= 3.42

X2

&S

(X2- X2)
(X2- X2)2
-1.26
1.5876
0.14
0.0196
-0.26
0.0676
0.14
0.0196
0.34
0.1156
-0.06
0.0036
-0.06
0.0036
0.24
0.0576
0.74
0.5476
0.04
0.0016
(X 2- X2)=0 (X 2- X2)2=2.424

X2=

X2
n

34.6
10
= 3.46

Calculating S:

S=

(n 1+n 22)

(
X
1X
1
)
2+
( X 2 X 2 ) 2

1.556+2.424
=
10+102

= 0.47
Therefore-

t=

( X 1X 2 )
n 1n 2
s
(n 1+n 2)

3.423.46 10 10
0.47
(10+10)
= -0.19

2.5
-2.101
Here, = n1+n2-2 =10+10-2 =18
For =18, t 0.025= 2.101

Interpretation & discussing the result:

2.5
+2.101

The calculated value of t is less than the table value. Our null hypothesis is accepted. Hence, we
concluded that there is no significance difference on the need of students and staff. That means
refurbishing is need for both students and staff.
In the end it can be said that students want to study under a good and clean environment and on
the other hand staff want a beautiful environment for concentrating in their work.

Q.6 Produce graphs using spreadsheet graphs to assist in forecasting so that the college
management can forecast what they need to spend in the future
0.9
0.8
0.7
0.6

Mean

0.5

Median

0.4

Mode
SD

0.3
0.2
0.1
0
1

10

1.4
1.2
1
Mean

0.8

Median
Mode

0.6

SD

0.4
0.2
0
1

10

Q7: Create trend lines in spreadsheets graphs to assist in forecasting so


that the college management can forecast what they need to spend in the
future.

Q1
12
10

Q1

8
Question value

Q1

Q1(staff)

Linear (Q1(staff))

2
0
1 2 3 4 5 6 7 8 9 10
participents

The value decrease and became a level at certain point for students .
As for the staff it increases in a straight line.
0.6
0.5
0.4
Linear (Q2)
Q2(staff)

0.2

Polynomial (Q2(staff))
0.1

0
1

questions value

Q2

0.3

participents

The result from student and staff are very confusing. Sometimes they want to reconstruct the
college or some times. but as for the increasing number they will reconstruct the college.

q3
0.6

Question value

0.5

Q3

0.4

Moving average (Q3)

0.3

Staff
Moving average
(Staff)

0.2
0.1
0
1 2 3 4 5 6 7 8 910
participents

They highly thin it will make the environment better.

Q4
0.6
0.5

Q4

0.4
question value

Exponential (Q4)

0.3

Staff

0.2

Exponential (Staff)

0.1
0
1 2 3 4 5 6 7 8 9 10
participents

All the participants highly think that it will attract new students.

Q5
0.6
0.5

Q5

0.4
Question value

Exponential (Q5)

0.3

Staff

0.2

Exponential (Staff)

0.1
0
1 2 3 4 5 6 7 8 910
participents

Students dont think it will help them mentally.

Q6
0.5
0.4

Q6

0.3

Moving average (Q6)


Staff

Question value 0.2

Linear (Staff)

0.1

0
Participents

Students seems that it will definetly increase their concentration on study and staff also thinks so.

Q7
0.6
0.5

Q7

0.4
question value

Moving average (Q7)

0.3

Staff

0.2

Linear (Staff)

0.1
0
1 2 3 4 5 6 7 8 910
participents

Students and staff thinks reconstruction will be better for physical and mentally.

Q8
0.6

Quesstion value

0.5

Q8

0.4

Linear (Q8)

0.3

Staff
Moving average
(Staff)

0.2
0.1
0
1 2 3 4 5 6 7 8 9 10
participents

Q9
0.6

Question value

0.5

Q9

0.4

Moving average (Q9)

0.3

Staff
Moving average
(Staff)

0.2
0.1

0
participents

Concentration will increase for both students and staff.

Q10
3.5
3
2.5

Exponential ()

Staff

Question value 1.5

Moving average
(Staff)

1
0.5
0
1 2 3 4 5 6 7 8 9 10
Participents

Most of the participants really think of reconstruction.

So, Finally the college authority decide to refurnish the college,

Q8. Business Presentation given below

Q9. Formal business report

A business report
On
Refurbishing the College

Prepared By:
Student name- Abul Foyez
Student id- 1609131403
Date of submission

EASTEND COMPUTING AND BUSINESS COLLEGE

Executive summary
In this research we tried the different opinion of students and staff of the college so see how their
onions are differing or match. Analyzing the result and the forecasting for future show that how
the future work will take. This research contains how to collect data, what are the onions and by
analyzing them give a proper decision regarding the college refurbishing.

Table of Contents
Executive summary........................................................................................................ 24
Collection of data:...................................................................................................... 1
Collection of secondary data:..................................................................................1
Collection primary data:.......................................................................................... 1
Methodology and Frame of the data:..........................................................................2
Methodology:........................................................................................................... 2
Frame of the data.................................................................................................... 2
Survey sample Questions........................................................................................... 3
Screener questionnaire for Student and staff opinion survey..................................3
Summarizing the result.............................................................................................. 4
Student side............................................................................................................ 4
Staff members......................................................................................................... 4
Analysis the data:....................................................................................................... 5
Data Analysis:......................................................................................................... 5
CALCULATION FOR THE

X1

X2

& S..............................................................5

Forecasting for future................................................................................................. 7


Future Prediction on questions................................................................................... 8
Conclusion................................................................................................................ 13
Questionnaire:.......................................................................................................... 14
References:............................................................................................................... 15

Collection of data:
Collection of secondary data:
Secondary data can be collected from either internal source within the collage or from external
source for free or at some cost.
Internal secondary data: we can collect data which was previously collected in-house
information that was originally used for some other purpose.
External secondary data collection:
We can also collect data from outside the collage about what we will get by refurbishing the
collage. That information may take different from, like some of the information can found in
public library and other information may be available for only a nominal fee.

Collection primary data:


We can collect primary data by taking interview with the students and the staff of the collage. We
can ask question about that if they are agreed with refurbishing of the collage or not. We can
provide them survey paper to gather information about their opinion on the refurbishing of the
collage.

Summarizing the result


Observation
Question 01
Question 02
Question 03
Question 04
Question 05
Question 06
Question 07
Question 08
Question 09
Question 10
Total

Observation
Question 01
Question 02
Question 03
Question 04
Question 05
Question 06
Question 07
Question 08
Question 09
Question 10
Total

01
(.14)
(.11)
(.12)
(.13)
(.15)
(.13)
(.14)
(.13)
(.11)
(.15)
3.1

01
(.13)
(.11)
(.13)
(.13)
(.11)
(.12)
(.13)
(.12)
(.12)
(.15)
2.2

02
(.13)
(.11)
(.13)
(.13)
(.15)
(.14)
(.14)
(.12)
(.13)
(.15)
3.3

02
(.15)
(.13)
(.13)
(.13)
(.15)
(.13)
(.14)
(.12)
(.13)
(.15)
3.6

03
(.14)
(.12)
(.13)
(.13)
(.15)
(.12)
(.13)
(.13)
(.13)
(.15)
3.3

Student side
04
05
06
(.12) (.14) (.13)
(.12) (.12) (.13)
(.13) (.13) (.14)
(.14) (.15) (.15)
(.15) (.11) (.11)
(.15) (.14) (.15)
(.14) (.14) (.14)
(.15) (.14) (.14)
(.14) (.12) (.15)
(.13) (.14) (.13)
3.7
3.3
3.7

07
(.15)
(.14)
(.15)
(.14)
(.12)
(.13)
(.15)
(.14)
(.14)
(.14)
4.1

08
(.14)
(.14)
(.15)
(.14)
(.12)
(.15)
(.14)
(.15)
(.13)
(.13)
3.9

09
(.13)
(.13)
(.11)
(.13)
(.11)
(.15)
(.14)
(.13)
(.13)
(.14)
3

10
(.14)
(.12)
(.13)
(.13)
(.11)
(.14)
(.13)
(.13)
(.11)
(.14)
2.8

03
(.13)
(.11)
(.13)
(.13)
(.15)
(.13)
(.14)
(.12)
(.13)
(.15)
3.2

Staff members
04
05
06
(.15) (.15) (.13)
(.12) (.14) (.14)
(.13) (.13) (.14)
(.13) (.13) (.14)
(.15) (.15) (.12)
(.13) (.13) (.12)
(.14) (.14) (.15)
(.13) (.13) (.13)
(.13) (.13) (.14)
(.15) (.15) (.14)
3.6
3.8
3.4

07
(.13)
(.12)
(.12)
(.14)
(.15)
(.14)
(.13)
(.14)
(.12)
(.15)
3.4

08
(.13)
(.13)
(.12)
(.14)
(.15)
(.14)
(.14)
(.15)
(.14)
(.13)
3.7

09
(.14)
(.15)
(.14)
(.15)
(.13)
(.14)
(.14)
(.15)
(.15)
(.13)
4.2

10
(.14)
(.12)
(.13)
(.14)
(.14)
(.14)
(.14)
(.12)
(.14)
(.14)
3.5

Analysis the data:


Data Analysis:
We put weights to each question 0. 1.so that the total weight is 1(0.110=1).We ranked the 5 options
as 5,4,3,2,1 which is descending. Then by multiplying rank with the weight we find out the popularity
of the students and staff(X1 and X2).
After that, we used t distribution techniques to find out is there any difference in the popularity of the
two credit cards.
As a result, we formulated a hypothesis that there is no significant difference of popularity between
student and staff.

Null hypothesis H0: 1= 2, i.e., there is no significant difference in the popularity of the need of
students and staff member .they both want to refurbishing the collage.. We will be Appling t-test.

( X 1X 2 )
n 1n 2
t=
s
(n 1+n 2)
CALCULATION FOR THE
X1
(X1- X1)
(X1- X1)2
X2
3.1
-0.32
0.1024
2.2
3.3
-0.12
0.0144
3.6
3.3
-0.12
0.0144
3.2
3.7
0.28
0.0784
3.6
3.3
-0.12
0.0144
3.8
3.7
0.28
0.0784
3.4
4.1
0.68
0.4624
3.4
3.9
0.48
0.2304
3.7
3
-0.42
0.1764
4.2
2.8
-0.62
0.3844
3.5
2
X1=34.2 (X 1- X1)=0 (X 1- X1) =1.556 X2=34.6

Here, X1=

X1
n

X2

&S

(X2- X2)
(X2- X2)2
-1.26
1.5876
0.14
0.0196
-0.26
0.0676
0.14
0.0196
0.34
0.1156
-0.06
0.0036
-0.06
0.0036
0.24
0.0576
0.74
0.5476
0.04
0.0016
(X 2- X2)=0 (X 2- X2)2=2.424

X2=

X1

X2
n

34.2
10

= 3.42

34.6
10
= 3.46

Calculating S:

S=

(n 1+n 22)

( X 1X 1 ) 2+ ( X 2 X 2 ) 2

1.556+2.424
=
10+102

= 0.47
Therefore-

t=

( X 1X 2 )
n 1n 2
s
(n 1+n 2)

3.423.46 10 10
0.47
(10+10)
= -0.19

2.5

2.5

-2.101

+2.101

Here, = n1+n2-2 =10+10-2 =18


6

For =18, t 0.025= 2.101


Interpretation & discussing the result:
The calculated value of t is less than the table value. Our null hypothesis is accepted. Hence, we
concluded that there is no significance difference on the need of students and staff. That means
refurbishing is need for both students and staff.
In the end it can be said that students want to study under a good and clean environment and on
the other hand staff want a beautiful environment for concentrating in their work.

Forecasting for future


0.9
0.8
0.7
0.6

Mean

0.5

Median

0.4

Mode
SD

0.3
0.2
0.1
0
1

10

1.4
1.2
1
Mean

0.8

Median
Mode

0.6

SD

0.4
0.2
0
1

10

Future Prediction on questions


Q1
12
10

Q1

8
Question value

Q1

Q1(staff)

Linear (Q1(staff))

2
0
1 2 3 4 5 6 7 8 9 10
participents

The value decrease and became a level at certain point for students .
As for the staff it increases in a straight line.
8

0.6
0.5
0.4
questions value

Q2

0.3

Linear (Q2)
Q2(staff)

0.2

Polynomial (Q2(staff))
0.1
0
participents

The result from student and staff are very confusing. Sometimes they want to reconstruct the
college or some times. but as for the increasing number they will reconstruct the college.

q3
0.6

Question value

0.5

Q3

0.4

Moving average (Q3)

0.3

Staff
Moving average
(Staff)

0.2
0.1
0
1 2 3 4 5 6 7 8 910
participents

They highly thin it will make the environment better.

Q4
0.6
0.5

Q4

0.4
question value

Exponential (Q4)

0.3

Staff

0.2

Exponential (Staff)

0.1
0
1 2 3 4 5 6 7 8 9 10
participents

All the participants highly think that it will attract new students.

Q5
0.6
0.5

Q5

0.4
Question value

Exponential (Q5)

0.3

Staff

0.2

Exponential (Staff)

0.1
0
1 2 3 4 5 6 7 8 9 10
participents

Students dont think it will help them mentally.

10

Q6
0.5
0.4

Q6

0.3

Moving average (Q6)


Staff

Question value 0.2

Linear (Staff)

0.1
0
Participents

Students seems that it will definitely increase their concentration on study and staff also thinks
so.

Q7
0.6
0.5

Q7

0.4
question value

Moving average (Q7)

0.3

Staff

0.2

Linear (Staff)

0.1
0
1 2 3 4 5 6 7 8 910
participents

Students ans staff thinks reconstruction will be better for physical and mentally.

11

Q8
0.6

Quesstion value

0.5

Q8

0.4

Linear (Q8)

0.3

Staff
Moving average
(Staff)

0.2
0.1
0
1 2 3 4 5 6 7 8 9 10
participents

Q9
0.6

Question value

0.5

Q9

0.4

Moving average (Q9)

0.3

Staff
Moving average
(Staff)

0.2
0.1
0
participents

Concentration will increase for both students and staff.

12

Q10
3.5
3
2.5

Exponential ()

Staff

Question value 1.5

Moving average
(Staff)

1
0.5
0
1 2 3 4 5 6 7 8 9 10
Participents

Most of the participants really think of reconstruction.

Conclusion
So, finally the college authority decide to refurnish the college, because students and teach were
giving almost same opinion. The result will be varied in different cases. There might be cases
where students and staff members might not match in opinion. In those cases different approach
are applied to reach a satisfactory result.

13

Questionnaire:
S.N. of
Interviewee:
Date of Interview:
Time of Interview:

Screener questionnaire for Student and staff


opinion survey

Xyz
____/______/2014
00.00am

Q1.Do you think that the present condition of the collage is good?
1. Strongly Agree 2.somewhat agree 3.Neither agree or disagree 4.somewhat disagree
5.stronglydisagree
Q2.do you think that refurbishing of the collage is needed?
1. Strongly Agree 2.somewhat agree 3.Neither agree or disagree 4.somewhat disagree
5.strongly disagree
Q3.Do you think that refurbishing of the collage will improve the environment?
1. Strongly Agree 2.somewhat agree 3.Neither agree or disagree 4.somewhat disagree
5.strongly disagree
Q4.Do you think that refurbishing of the collage will attract new students?
14

1. Strongly Agree 2.somewhat agree 3.Neither agree or disagree 4.somewhat disagree


5.strongly disagree
Q5.Do you think that refurbishing of the collage will guide you to become neat and clean?
1. Strongly Agree 2.somewhat agree 3.Neither agree or disagree 4.somewhat disagree
5.strongly disagree
Q6.Do you think that refurbishing of the collage will help to improve your study and cut your
bordem?
1. Strongly Agree 2.somewhat agree 3.Neither agree or disagree 4.somewhat disagree
5.strongly disagree
Q7.Do you think that refurbishing of the collage will refresh you physically and mentally?
1. Strongly Agree 2.somewhat agree 3.Neither agree or disagree 4.somewhat disagree
5.strongly disagree
Q8.Do you think that refurbishing of the collage will help you with health issues?
1. Stronglty Agree 2.somewhat agree 3.Neither agree or disagree 4.somewhat disagree
5.strongly disagree
Q9.Do you think that refurbishing of the collage will help you to increase your concentration on
study?
1. Stronglty Agree 2.somewhat agree 3.Neither agree or disagree 4.somewhat disagree
5.strongly disagree
Q10.Do you think that refurbishing of the collage will be waste of money?
1. Stronglty Agree 2.somewhat agree 3.Neither agree or disagree 4.somewhat disagree
5.strongly disagree

References:
CAMPE (2000), A Question of Quality: State of Primary Education in Bangladesh
The Daily Star, Tough Law for Education, March 10, 2012
Lewis (2011), Bangladesh: Politics, Economy and Civil Society Cambridge: Cambridge
University Press

MoE GoB (2010), National Education Policy of Bangladesh


MoPME GoB (2011), Bangladesh Primary Education Annual Sector Performance Report
2011 (ASPR 2011)
Hossain, N et al (2002), The Politics of Educational Expansion in Bangladesh Sussex:IDS

15

IOB (2011), The two-pronged approach: Evaluation of Netherlands support to primary


education in Bangladesh. Netherlands: Ministry of Foreign Affairs
OPM (2008), Tracking Public Resources and Measuring Informal Payments in Bangladesh:
Lessons from the Bangladesh Social Sectors Performance Studies
Thornton, H (2004), unpublished PhD thesis, Support and Supervision of Secondary School
Teachers in Bangladesh
UNESCO (2012) Education for All, http://www.unesco.org/new/en/education/themes/leadingtheinternational-agenda/education-for-all/efa-goals/

Assignment-2
Q1: The raw data displayed here are the scores of a market survey regarding the
acceptability of a new product launch by a company for a random sample of 32
4
0
2
6
4
4
4
0

41

45

45

30

39

08

48

36

08

40

42

39

35

18

29

27

32

27

25

26

38

41

43

44

40

39

49

37

Analyze data using measures of dispersion to inform if the new product was successful or
not.

16

A frequency table with class interval of 5:


Class Interval
8-13

Tally

Frequency
2

14-19

20-25

26-31

32-37

38-43

12

44-49

6
N=32

b mean , variance and standard division:


mean:

Class Interval

Frequency

Mid
point,M

8-13
14-19
20-25
26-31
32-37
38-43
44-49

2
1
1
6
4
12
6

10.5
16.5
22.5
28.5
34.5
40.5
46.5

f =32

d=

M A
i

-3.6
-2.4
-1.2
0
1.2
2.4
3.6
0

17

mean= A+

fd i
N

Here,
A = Assume mean
M= mid point of a class
I=size of the equal class interval

Here,
Assume mean, A =28.5
class interval i =5
mean=28 . 5+0=28 .5

standard deviation, variance:

Class Interval
8-13
14-19
20-25
26-31
32-37
38-43
44-49

Frequency, f

Mid point, x

fx

f (x x )2

2
1
1
6
4
12
6

10.5
16.5
22.5
28.5
34.5
40.5
46.5

21
16.5
22.5
171
138
486
279

1244
358.72
167.44
288.98
3.53
307.24
66.36

18

fx=1134

N=32

Here,
x =

fx = 1134 =35 . 44
f 32

x
x

Standard Deviation,
f

=
2
2
Variance, =(8 . 72) =76 . 133

Class Interval
8-13
14-19
20-25
26-31
32-37
38-43
44-49

Frequency, f
2
1
1
6
4
12
6
N=32

19

Cf
2
3
4
10
14
26
32

x
x

a. Calculation of percentile:
Here, Number of data N=32.
p50=

50 N
50 32
observation=
=16
100
100

16 value up from the bottom ,

p50

lies in class 38-43

L=38,
p. c. f = 14,
frequency of the class, f =12
Class interval , i = 5
50 N
p .c . f
100
p50=L+
i
f

So,

38+

1614
5
12

38+.833
38.833

So, the 50% of percentile is 38.833.


b. Calculation of Third quartile:

Q 3=

3N
observation
4

3 32
4

20

24
Q3

There for

lies in class 38-43

Staring point of the class, L=38,


q. c. f = 14,
frequency of the class, f =12
Class interval , i = 5
3N
q .c . f
4
Q3=L+
i
f
38+

2414
5
12

38+4.17

42.17
Location of the third quartile is 42.17

Q2: Calculate Karl Pearsons co-efficient of correlation between monthly income ( in


Hundreds of pounds) and monthly telephone bills(in pounds) from the data given below
and comment on the value.
Income(00s )
Phone bill ()

20
45

54
165

46
175

42
90

Karl Pearsons co-efficient of correlation:

X
Y

()2 ()2

r=

(XY )

21

36
95

23
35

61
210

26
50

49 64
110 190


X =X X

Here,
Income(X)
2000
5400
4600
4200
3600
2300
6100
2600
4900
6400

Phone
bill(Y)
45
165
175
90
95
35
210
50
110
190

X =42100
Y 2=37302.5

And

X =X X

X2

-2210
1190
390
-10
-610
-1910
1890
-1610
690
2190

Y =1165

4884100
1416100
152100
100
372100
3648100
3572100
2592100
476100
4796100
0

690770

Monthly income N =10.


So,

X
X =
N

Y =Y Y

42100
=4210
10

Y
Y =
N
22

Y2

XY

-71.5
48.5
58.5
-26.5
-21.5
-81.5
93.5
-66.5
-6.5
73.5

5112.25
2352.25
3422.25
702.25
462.25
6642.25
8742.25
4422.25
42.25
5402.25

158015
57715
22815
265
13115
155665
19635
107065
-4485
160965

X 2=21909000

Y =Y Y

1165
=116.5
10

Now,
r=

XY =
690770
2
2
X Y 2190900037302.5

690770
8.1731011

690770
904024.597
=0.764

Comment:
For a given set of data Pearsons correlation represents as,
If the value of the r is +1 then there is a perfectly positive linear relation between two variables.
If the value of the r is -1 then there is a perfectly negative linear relation between two variables.
If the value of the r is 0 then there is no linear relation between two variables.
It is hard to get 0, +1,-1 Pearsons correlation for a given data.
Pearsons correlation is 0.764 means there is a 0.764 degree of positive linear relation between
two variables.

Assignment 3
Q1. Project plan and critical path:
Critical Path Management (CPM) is the primary function of the best selling project management
software. Large plots of project schedules hang in construction trailers and project management
offices depicting the network diagram and the critical path. No project professional in his or her
right mind would start a project without calculating the critical path. This is not temporary based
23

project but it is needed to be planned and executing the plan efficiently. This project is costly to
the institution and without government support no college can reform individually. With the
relevant data college reformation is not possible. Success with the critical path method hinges on
knowing task durations. Each person will estimate the time it will take them to perform. If they
are at all risk averse then they will also buffer that duration based on their experience performing
similar tasks, because they dont want to be the person responsible for getting the project off
track. College must investigate task level of effort (estimated hours to perform) for every task on
the critical path and consider carefully its application. Durations alone are not sufficient. Tasks
dont start and finish as represented in the project schedule. This would be fine if all the
performers for critical path tasks were always available to perform on the project, but this is not
the case. In most organizations people are working on more than one project at a time or project
work is in addition to their normal work responsibilities. The future is uncertain and
unknowable. Commitments must be adjusted as the future unfolds. Those adjustments can be
done by the project manager or anyone on the project team. However only those people involved
in planning the project will be in the position to notice and then assess the need for adjustment.
Accept the plan as represented on the critical path is what will not happen; task starts and
finishes are uncertain.
Investigate the level of effort for every task on the critical path. Adjust buffers in accordance
with the circumstances and the competence available.
Make assignments only when the work is ready prerequisite work are complete and resources
are available.
Measure the performance of planning practices as a basis for eliminating the sources of task
variability.
Include performers in planning conversations to give them practice for the inevitably uncertain
future.
In this regard, Computers and projectors are mandatory for students and college authority need
to provide it. Library reformation is not needed now if they have computer they can collect their
particulars with it. So after the acceptance of project manager must concentrate on computer
labs, additional accommodation or rooms and proper sustainability. There after concentrate on
library.
24

Q.2: Answer:
A
B
Data
Description
16%
Annual discount rate
-100000
Initial cost of investment one year from today
40000
Return from first year
50000
Return from second year
60000
Return from third year
110,080.3
6
Net present value of this investment(NPV)
Source: Spreadsheet:
From the spreadsheet it is found that the NPV of the said project is 110,080.36 and the cost of
the machine is 100000. So 110,080.36-100000= 10080 which is positive. So the machine
should be purchased as it is fulfilled the criteria of NPV assessment. Here we use the built in
function of NPV from Microsoft excel sheet which is:
n

NPV=

values

(1+rate)i i
i=1

References:
CAMPE (2000), A Question of Quality: State of Primary Education in Bangladesh
The Daily Star, Tough Law for Education, March 10, 2012
Lewis (2011), Bangladesh: Politics, Economy and Civil Society Cambridge: Cambridge
University Press

25

MoE GoB (2010), National Education Policy of Bangladesh


MoPME GoB (2011), Bangladesh Primary Education Annual Sector Performance Report
2011 (ASPR 2011)
Hossain, N et al (2002), The Politics of Educational Expansion in Bangladesh Sussex:IDS
IOB (2011), The two-pronged approach: Evaluation of Netherlands support to primary
education in Bangladesh. Netherlands: Ministry of Foreign Affairs
OPM (2008), Tracking Public Resources and Measuring Informal Payments in Bangladesh:
Lessons from the Bangladesh Social Sectors Performance Studies
Thornton, H (2004), unpublished PhD thesis, Support and Supervision of Secondary School
Teachers in Bangladesh
UNESCO (2012) Education for All, http://www.unesco.org/new/en/education/themes/leadingthe- (last
accessed 22th May, 2014)

26

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