SCMS SCHOOL OF TECHNOLOGY AND MANAGEMENT

SCMS Campus, Prathap Nagar, Muttom, Aluva, COCHIN- 683 106. KERALA

MBA PROGRAM
INTERNAL EVALUATION EXAM QUESTION PAPER

MODEL EXAMINATION (RETEST)-June 2021

Semester-
1 Max Marks- 60 Time – 3 hours QP Code:18-1QM E3

Course
Code-
MB010105 Course Name: Quantitative Methods

PART A Answer any 5 questions (2 marks each)

Q.No.
What is the significance of Coefficient of Determination?
1

2
Define Baye's theorem.

3 What are the different type of errors in hypothesis testing?

A committee of 5 students is to be formed from a group of 8 boys and 7 girls. Find the
4
probability that the committee consists of 3 boys and 2 girls.
5. What are the properties of Bell Shaped Distribution?

6. The difference between the simple interest and compound interest on an amount of
Rs.18000 in 2 years was Rs. 405. What was the rate of interest?

7
Differentiate Cyclicality and Seasonality of Time series
PART B. Answer any 5 Questions ( 6 marks each)
Q.No.
8
Marks obtained by certain students in two competitive exams are summarized below.
Identify the correlation existing between the marks obtained by students using rank
correlation.

Page 1 of 4
Items 2010 2010 2020 2020
Price Quantity Price Quantity
SCMS SCHOOL OF TECHNOLOGY AND MANAGEMENT
SCMS Campus, Prathap Nagar, Muttom, Aluva, COCHIN- 683 106. KERALA
A Firms 20 A 80 B 40 C 60 D
B Skilled 50 24 100 24 60 MBA 50 49
23 PROGRAM
C Semiskille
40 32 INTERNAL
140 60 EVALUATION
50 37 100
EXAM
51 QUESTION PAPER
Dd 20 190 20 130
UnskilledMark 124 35 5623 4740 17 1080 43 9 6 28
Mark 2 30 33 45 23 8 49 12 4 31

The ratio of the price of 2 bicycles was in the ratio 16:23. Five years later when the
9
price of the first had increased by 20% and that of the second by Rs.617 the ratio of
their price became 13:22. What was the original price of the bicycle?

The production (in ‘000 quintals) of a cement factory for the past seven years is given
below. Based on the available data, the factory wanted to expand its unit.
Year 2014 2015 2016 201 2018 2019 2020
7
10
Productio 80 90 92 83 94 99 92
n

a. Construct a trend line of the above data.

b. Identify the production for the year 2022.

The employees of 4 different firms are distributed in 3 skill categories as shown in the
table. Test the hypothesis that there is no relationship between the firm and the type of
labour at 5% level of significance.

11

12

Identify the Index number from the data given using Edgeworth Method and Fisher's
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 SCMS SCHOOL OF TECHNOLOGY AND MANAGEMENT
SCMS Campus, Prathap Nagar, Muttom, Aluva, COCHIN- 683 106. KERALA

MBA PROGRAM
INTERNAL EVALUATION EXAM QUESTION PAPER
Ideal Index method.

In a post office three clerks are assigned to process incoming mails. The first clerk A
processes 40%, Second clerk B processes 35%, and third clerk C process 25%. The
error rate of first, second and third clerk are 0.04, 0.06 and 0.03 respectively. A mail
13 selected at random from a day’s output is found to have an error. Summarize the
probability that it was processed by
1. Clerk A
2. Clerk B
Solve the system of linear equations using inverse principle.

14 2x-3y = 3
4x –y = 11

PART C (10 Marks each)

Answer any one from Question No 15 and 16
. Question number 17 is Compulsory
Data regarding the Price and Demand of a commodity is summarized .Obtain two
regression equations to estimate the influence of variables. Also determine the demand
when price of the commodity is 48 from the following  data.
Price 36 23 2 28 28 29 30 3 33 35
15
7 1

Demand  29 18 2 22 27 21 29 2 29 28
0 7

Most graduate schools of business require applicants for admission to take the
Graduate Management Admission Council’s GMAT examination. Scores on the GMAT
are roughly normally distributed with a mean of 527 and a standard deviation of 112.
What is the probability of an individual scoring
16 a. Above 500 on the GMAT?
b. Between 500 and 700 on the GMAT?

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 Production of Production of Production of
Variety Variety Variety
SCMS SCHOOL OF TECHNOLOGY AND MANAGEMENT
A B C
PlotCampus,
SCMS 1 6 Nagar, Muttom, Aluva,
Prathap 5 5 106. KERALA
COCHIN- 683
Plot 2 7 5 4
Plot 3 3 MBA PROGRAM
3 3
Plot 4INTERNAL 8 EVALUATION EXAM 7 QUESTION4 PAPER

17

Construct an ANNOVA table for the following per acre production of three varieties of
wheat, each grown on four different plots. State whether the variety difference are
significant.

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