Fall 2010

MBA SEMESTER 1

MB0040 – STATISTICS FOR MANAGEMENT- 4 Credits

(Book ID: B1129)

Assignment Set- 1 (60 Marks)

Note: Each question carries 10 Marks. Answer all the questions

1. Why it is necessary to summarise data? Explain the approaches available to

summarize the data distributions?
2. Explain the purpose of tabular presentation of statistical data. Draft a form of
tabulation to show the distribution of population according to i) Community by age, ii)
Literacy , iii) sex , and iv) marital status.
3. Give a brief note of the measures of central tendency together with their merits &
Demerits. Which is the best measure of central tendency and why?
4. Machines are used to pack sugar into packets supposedly containing 1.20 kg each.
On testing a large number of packets over a long period of time, it was found that the
mean weight of the packets was 1.24 kg and the standard deviation was 0.04 Kg. A
particular machine is selected to check the total weight of each of the 25 packets
filled consecutively by the machine. Calculate the limits within which the weight of the
packets should lie assuming that the machine is not been classified as faulty.
5. A packaging device is set to fill detergent power packets with a mean weight of 5 Kg.
The standard deviation is known to be 0.01 Kg. These are known to drift upwards
over a period of time due to machine fault, which is not tolerable. A random sample
of 100 packets is taken and weighed. This sample has a mean weight of 5.03 Kg and
a standard deviation of 0.21 Kg. Can we calculate that the mean weight produced by
the machine has increased? Use 5% level of significance.
6. Find the probability that at most 5 defective bolts will be found in a box of 200 bolts if
it is known that 2 per cent of such bolts are expected to be defective .(you may take
the distribution to be Poisson; e-4= 0.0183).
 Fall 2010

MBA SEMESTER 1

MB0040 – STATISTICS FOR MANAGEMENT- 4 Credits

(Book ID: B1129)

Assignment Set- 2 (60 Marks)

Note: Each question carries 10 Marks. Answer all the questions

1. What do you mean by Statistical Survey? Differentiate between
“Questionnaire” and “Schedule”.

2. The table shows the data of Expenditure of a family on food, clothing,

education, rent and other items.

Items Expenditure

Food 4300

Clothing 1200

Education 700

Rent 2000

Others 600

Depict the data shown in the table using Pie chart.

3. Average weight of 100 screws in box „A‟ is 10.4 gms. It is mixed with 150
screws of box „B‟. Average weight of mixed screws is 10.9 gms. Find the
average weight of screws of box „B‟.

4. (a) Discuss the rules of “Probability”.

(b) What is meant by “Conditional Probability”?

5. (a) What is meant by “Hypothesis Testing”? Give Examples

(b) Differentiate between “Type-I” and “Type-II” Errors

6. From the following table, calculate Laspyres Index Number, Paasches Index
Number, Fisher‟s Price Index Number and Dorbish & Bowley‟s Index Number
taking 2008 as the base year.
 Fall 2010

2008 2009

Commodity Price Price

Quantity in Quantity in
(Rs) per (Rs) per
Kg Kg
Kg Kg

A 6 50 10 56

B 2 100 2 120

C 4 60 6 60

D 10 30 12 24

E 8 40 12 36