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All rights reserved with INDIA MBA BOOKS
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EDL-04
Introduction
Application in business & Management, Classification of Data, Diagrammatic &
Graphical Presentation of Data.
Forecasting Techniques
Time Series Analysis- Trend Analysis, Cyclic Analysis, Seasonal Analysis,
Irregular Variations, Correlation and Regression Analysis.
Probability and Testing of Hypothesis
Introduction to Probability Theory, Probability Distributions, Sampling and
Sampling
Distribution, Null Hypothesis, T-Test, F-Test, Annova and Non-parametric Tests
Decision Theory
Introduction to Decision Theory, Decision Environments, Decision making under
Uncertainty, Decision Making under Risk, Decision Tree Analysis.
Operations Research
Introduction to Operations Research, Scope and Models, Introduction to Linear
Programming, Formulation of LPP, Solution of LPP Graphical Method, Simplex
Method, Duality, Dual Simplex Procedure, Transportation Problem, Assignment
Problems.
Time Series
Q 1 Suppose the straight line trend equation
Y a bX is
Y 110 1.5X
The origin is 1975. Time unit is one Year
Shifts the origin to 1980.
Ans
The origin has to be shifted from 1975 to 1980 i.e. 5 years hence .
The required equation would be
Y = 110+1.5(x+5) or
Y = 110+1.5x+7.5 or
Y = 117.5+1.5x
Q 2 The trend equation in a problem is
Y=50+2X : origin is 1980 : Time unit is one Year
Shift the origin to 1977.
Ans
The origin has to be shifted from 1980 to 1977 i.e. 5 years backward.
The required equation would be
Y = 50+2(X 3) or
Y = 50+2X 9 or
Y = 44+2X.
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All rights reserved with INDIA MBA BOOKS
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EDL-04
Q 3 Given the exponential trend equation
Yc A.Bx or
Yc 25(2.5) x
(Origin 1981. X unit =1 year unit=annual profit)
Shift the origin to 1983
Ans
For shifting the origin by 2 years X will be replaced by X+2.
The new equation will be.
Yc 25(2.5) x 2
25(2.5) 2 (2.5) x
(25 6.25)(2.5) x
(156.25)(2.5) x
Q 4 Given the following equation
Yc 80 6X
(origin 1980 X unit= 1 year)
To Shift the origin from 1980 to 1977 i.e., 3 years backward X will be
replaced by X 3. The equation would be
Yc 80 6(X 3)
80 6X 18
62 6X
(origin 1977, X unit=1 year )
(ii)
To shift the origin to 1st Jan. 1981 X has to be replaced by X+5 (.5 year is the
difference between 1st Jan. 1981 and 1st July 1980). The equation would be
Yc 80 6(X .5)
80 6X 3
83 6X