MMPC-005: Quantitative Analysis for Managerial Applications - MBA and MBA (Banking & Finance)

Solutions to Assignments

                            MBA and MBA (Banking & Finance)

MMPC-005: Quantitative Analysis for Managerial Applications

MMPC-005/TMA/JULY/2022

Note: Attempt all the questions and submit this assignment to the coordinator of your study centre. (Last date of submission for July 2022 session is 31st October, 2022 and for January 2023 session is 30th April, 2023). 

Question No. 1. The income of a group of 10,000 persons was found to be normally distributed with mean Rs.750 per month and a standard deviation of Rs. 50, show that of this group about 95% has income exceeding Rs. 668 and only 5% had income exceeding Rs. 832. (area between 750 and 668 = 0.4495, area between 750 and 832 = 0.4495).             CLICK HERE

Question No. 2. Why is forecasting so important in business? Explain the application of forecasting for long term decisions.            CLICK HERE

Question No. 3. What do you understand by Primary Data? What are the various methods of collecting primary data? Also, mention what points to be kept in mind while designing the questionnaire?                                                                                                    CLICK HERE

Question No. 4. The means of two large samples of sizes 1000 and 2000 are 67.5 and 68.0 respectively. Test the quality of the means of the two populations each with standard deviation of 2.5. (z table value at α0.05= -1.96).            CLICK HERE

Question No. 5. Write short notes on any two of the following:-    CLICK HERE

(a) Mathematical Properties of Arithmetic Mean 

(b) Stratified Sampling 

(c) Exponential Distribution 

(d) Time Series Analysis