Professional Documents
Culture Documents
Course Code MS - 08
Course Title Quantitative Analysis for Managerial
Applications
Assignment Code MS-08/TMA/SEM - I/2017
Assignment Coverage All Blocks
https://ignousolvedassignmentsmba.blog.spot.in/
KIAN PUBLICATION
ignousolvedassignmentsmba@gmail.com
kianpublication1@gmail.com
ignou4you@gmail.com
(b) Based on the distribution, what is the estimate of the arithmetic mean net income?
--------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------
(c) Based on the distribution, what is the estimate of the standard deviation?
--------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------
2. The employees of Cartwright Manufacturing are awarded efficiency ratings based on such factors
as monthly output, attitude, and attendance. The distribution of the ratings follows the normal
probability distribution. The mean is 400, the standard deviation 50.
(a) What is the area under the normal curve between 400 and 482? Write this area in probability
notation.
(b) What is the area under the normal curve for ratings greater than 482? Write this area in
probability notation.
Or
(e) What assumption needs to be made about the distribution of the differences?
--------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------
4. What is time series analysis? Decompose a time series into its various components and describe
them.
One definition of a time series is that of a collection of quantitative observations that are evenly spaced in time and measured
successively. Examples of time series ---------------------------------------------------------------------------------------
Observations made over time can be either discrete or continuous. Both types of observations can be equally spaced,
unequally spaced, or have missing data. Discrete measurements can be recorded at any time interval, but are most often taken
at evenly spaced intervals. Continuous --------------------------------------------------------------------------------------
There are three functional forms ------------------------------------------- its trend, seasonal, and irregular components:
yt=Tt+St+It.
yt=TtStIt.
Example-
An example of using -------------------------------------------- production forecast
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
5. What is a random variable? How is it used to define a probability distribution? Make the
probability distribution of scores facing up in a throw of two dice.
Random variables can be any outcomes from some chance process, like how many heads will occur in a series of 20 flips.
We calculate probabilities of random variables and calculate expected value for different types of random variables.
When the value of a variable is the outcome of a statistical experiment , that variable is a random variable.
An example will make this clear. ---------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------the number of Heads that result
from this experiment. The variable X can take on the values 0, 1, or 2. In this example, X is a random variable; because its
value is determined by the outcome of a statistical experiment.
A random variable is a variable ------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------as discrete, which are variables that
have specific values, or continuous, which are variables that can have any values within a continuous range.
Consider an experiment where a -----------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------- (from no heads in three successive
coin tosses, to all heads). No other value is possible for X.
An example of a ---------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------of 25 people.
A random variable is defined as a function that associates a real number (the probability value) to an outcome of an
experiment.
A random variable in probability is ---------------------------------------- used to ascribe a value to the random variable.
For examples, given that you flip -------------------------------------------------------------------- given by the following:
Let X be a random variable ------------------------------------------------. Find the probability the you obtain two heads.
The word discrete means separate and individual. Thus discrete random variables are those that take on integer values only.
They never include fractions or decimals.
A quick example is the sample space of any number of coin flips, the outcomes will always be integer values, and you'll
never have half heads or quarter tails. Such a random variable is referred to as discrete. Discrete random variables give rise to
discrete probability distributions.
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
1-
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
2-
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
To buy MBA assignments please use below link
https://ignousolvedassignmentsmba.blog.spot.in/
KIAN PUBLICATION
ignousolvedassignmentsmba@gmail.com
kianpublication1@gmail.com
ignou4you@gmail.com