MB-105

Sl.No. : Total No. of Pages : 3

I Semester M.B.A. Degree Examination, Oct./Nov. - 2021

(SLM New)
MANAGEMENT
C - 5 : Statistics and Optimization Techniques

Time : 3 Hours Max. Marks : 80

Instruction : All section are compulsory
SECTION-A

Q1) Answer any five sub-questions. Each sub-question carries three marks.
[5 × 3 = 15]
a) Define correlation.
b) List any 4 types of sampling techniques.
c) Differentiate between variance and standard deviation.
d) State the properties of binomial distribution.
e) Define probability.
f) What is queuing theory?
g) Differentiate between PERT and CPM.
SECTION-B
Answer any four questions. Each question carries five marks: [4 × 5 = 20]
Q2) Discuss the various measures of central tendency.
Q3) Briefly explain the fundamental of probability concept.
Q4) A box contains 5 white balls and 3 black balls. If 5 balls are selected from the box,
what is the probability that 3 of them are white?
Q5) Find the arithmetic mean & range for the following data representing marks of 80
students.
Marks 0-10 10-20 20-30 30-40 40-50
No. of Students 12 13 21 19 15
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Q6) Calculate rank correlation between age of husband (x) and age of wife (y) , both
expresses in years, from the following data.

X 60 30 37 30 42 37 55 45

Y 50 25 33 27 40 33 50 42

Q7) What is primary data? Explain the methods of collecting primary data.

SECTION-C

Answer any three questions. Each question carries ten marks : [3 × 10 = 30]

Q8) What are the basic principles of classification?Discuss the objecties of classification.

Q9) Explain the methods of inventory classification.

Q10) Discuss the various applications of game theory in business.

Q11) Find Quartiles, Median and Mode for the following data.

Class 10-30 30- 50 50-70 70-90 90-110 110-130

Frequency 4 10 14 12 8 6

Q12) A trading company of Delhi is considering expansion of its activities and planning
to open a marketing office at Kanpur to boost the sales in North East U.P. It is to
be decided whether to operate from the existing office at Delhi and cover the area
by frequent travelling or else establishing the office at Kanpur.

The connected pay-offs and probabilities of two alternatives are as under :

Alternatives States of nature probability Pay-off

(Rs. lakhs)

A. Operate from Delhi i) increase in demand by 30% 0.60 50

ii)no appreciable change 0.40 5

B. Open Office at Kanpur i) increase in demand by 30% 0.70 40

ii)no appreciable change 0.30 -10

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SECTION-D

Q13) Case (Compulsory) : [1 × 15 = 15]

The activities of a project are tabulated below with immediate predecessors and
normal and crash time cost.
Activity Immediate Normal Crash
Predecessor Cost (Rs.) Time (days) Cost (Rs.) Time (days)
A - 200 3 400 2
B - 250 8 700 5
C - 320 5 380 4
D A 410 0 800 4
E C 600 2 670 1
F B,E 400 6 950 1
G B,E 550 12 1000 6
H D 300 11 400 9
i) Draw the network corresponding to normal time.
ii) Determine the critical path and the normal duration.

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