Paper1.4 Statistics Management February 2016

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PG 1079

Semoster M.B.A. Degrae Examlnation, Fobruary 2016


(CBCS) (2014-15 &Onwarda)
Management
Paper 1.4 STATISsTICS FOR MANAGEMENT
Time:3Hours Max. Marks: 70
instruction: Catoulators and tablos are aliowod.

SECTION-A
Answer any tlive questions. Each
question carrles tive marks. (5x625)
1. In the frequency distrbution of 100
familes given below, tho median Is known to
be 50. Find the
missing frequenoies.
Expendltu | No. of families Mi

0-20 4
LTBRARS
20 40
40 60
60 80
27 AAVHBII
ngato

80 100 15
Total 100
-

2. An analysis of the manthly wages


paid to workers in two tims A and B belonging
to the same Industry that gave the
following results.
A

Number of waga eamers 566 648.


Average nonthly wage 52.50 47.50
Varlance of the distribution 100 121

a) Which tim pays the larger anount as monthly wages ?


b)In which firm you find greater varlability in indlvidual
wages ?
P.T.O.
PG-10779

3. What is Correlation Analysis ? List and explain its types and


use8s
4. Following data are available in respect of sales and advertisement expenditure.

Sales Advertisement Expeniture

Mean 70,000 15,000

Standard Deviaion 15,000 3,000

Coefficient of corelation is +0.8

Find the regression equatlions.

5. Explain Decislon Theory along with its advantages and lImitations.

6. Two sample polls of votes for two candidates A and B tor a public officearee
taken, one trom among residents of rural area and one from urban areas. The
results are given below. Examine, whetherthe nature of the area is related to the
voting preference in this electlon.

Votes for A Total


Area

Rural 620 380 1000

Urban 550 450 1000

Total 1170 830 2000

7. Explain Bayes theoren and its applications.


ISUIUINIINIl PG-10779

SECTION-B
Answerany three of the following questions. Each question cames ton marke. (3x10=30)

8. Explain diferent methods of sampling with examples.


8. Compute Laspeyres, Paasche's and Fisher's price index number tor 2015, using
the following data concemingthreecommodities:

2014 2016

Price uantity Price Quamity


Commodity
(Rs.)(Kg)(As
A 15 15 22 12

B 20 5 27

10 5

Also show that it satilsfies both Time Reversal Test and Factor Reversal Test.
10. A company appoints four salesmen, A, B,C, Dand observes their sales in three
lh the
88asons-Summer, winter and monsoon. The figures (in lakhs) are given
following table

Saleaman
Season D Total

Summer 36 36 21 35 128

Winte 28 29 31 32 120

Monsoon 26 28 29 29 112

Total 90 93 81 96 360

Carry out an analysis of variance.


PG 1079

11. in
Bangalore, 400persons
sample of 1000 persons. Inwere considered regular consumers of plzzas outof a
out of sample of 800 Mangalore, 350 were regular consumers of plzzas
persons. Test at 1% level of
significant difference beween the two towns as significance,
far
whether there is a
eating habits are concerned. as the proportion of pizza

SECTION-C
Compulsoy.
12. A dietician wants
(1x15=15)
to test 3 different types of diet plans to see if all these
have simlar weight plans
23 persons and reducing effects or not. He selected a
homogenous group of
placed them into 3 sub-groups, each
fora period of 30 days.sub-group trying diterent
diet plan. Each plan was tried a

The following observations of


of each weight losses in kgs were recorded for mambers
group after this perlod of 30 days.

Diat PianDiat Plan | Dlet Plan


4.0 36 6.5
3.8 5.2 7.2
3.7 2.8 5.9
6.2 3.0 5.5
5.6 3.8 6.8
4.2 5.0 7.7
3.9 8.0
5.5 8.2
7.0

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