This document provides the details of an assignment for a quantitative techniques in business course. It includes 3 questions to answer with evaluation criteria for each. Question 1 defines statistics and discusses its functions and limitations. Question 2 elaborates on different variations in time series analysis, including secular trends, cyclic fluctuations, seasonal variations, and irregular variations. Question 3 defines index numbers and requires calculating Laspeyre's and Paasche's index for January 2018 using price and quantity data from January 2017.
This document provides the details of an assignment for a quantitative techniques in business course. It includes 3 questions to answer with evaluation criteria for each. Question 1 defines statistics and discusses its functions and limitations. Question 2 elaborates on different variations in time series analysis, including secular trends, cyclic fluctuations, seasonal variations, and irregular variations. Question 3 defines index numbers and requires calculating Laspeyre's and Paasche's index for January 2018 using price and quantity data from January 2017.
This document provides the details of an assignment for a quantitative techniques in business course. It includes 3 questions to answer with evaluation criteria for each. Question 1 defines statistics and discusses its functions and limitations. Question 2 elaborates on different variations in time series analysis, including secular trends, cyclic fluctuations, seasonal variations, and irregular variations. Question 3 defines index numbers and requires calculating Laspeyre's and Paasche's index for January 2018 using price and quantity data from January 2017.
This document provides the details of an assignment for a quantitative techniques in business course. It includes 3 questions to answer with evaluation criteria for each. Question 1 defines statistics and discusses its functions and limitations. Question 2 elaborates on different variations in time series analysis, including secular trends, cyclic fluctuations, seasonal variations, and irregular variations. Question 3 defines index numbers and requires calculating Laspeyre's and Paasche's index for January 2018 using price and quantity data from January 2017.
PROGRAM BACHELOR OF BUSINESS ADMINISTRATION SEMESTER I SUBJECT CODE & NAME BBA109 & QUANTITATIVE TECHNIQUES IN BUSINESS BK ID B1500 CREDIT 2 CREDITS MARKS 30 MARKS 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. Criteria Marks Total Marks
1 Define the term statistics. Discuss the function & limitations of the statistics. A Meaning of Statistics 2 10 Function of statistics. 4 Limitations of the statistics. 4 2 Elaborate different Variations in Time Series Analysis. A Secular Trend 2.5 10 Cyclic Fluctuations 2.5 Seasonal variations 2.5 Irregular Variations 2.5 3 a. Define Index Numbers. b. Construct Laspeyre’s & Paasche’s index for jan 2018 on the basis of jan 2017 for the data represented in the following table Commodities Jan 2017 Jan 2018 Price Quantity Price Quantity P 25 6 27 5 Q 35 9 40 6 R 30 10 32 12 S 12 5 16 6 T 50 4 45 5 A Define Index Numbers 2 10 Laspeyre’s index 4 Paasche’s index 4