MS-8: QUANTITATIVE ANALYSIS FOR MANAGERIAL APPLICATIONS

 

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MS-8

 

 

 

 

 

 

MANAGEMENT PROGRAMME

 

 

 

 

 

 

 

 

 

ASSIGNMENT

SECOND SEMESTER

(JULY TO DECEMBER)

2020

 

 

 

 

 

 

 

 

 

 

 

MS-8: QUANTITATIVE ANALYSIS

FOR MANAGERIAL APPLICATIONS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

School of Management Studies INDIRA GANDHI NATIONAL OPEN UNIVERSITY MAIDAN GARHI, NEW DELHI – 110 068

 

 

 

 

 

 

 

 

 

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		ASSIGNMENT
Course Code	:	MS-8
Course Title	:	Quantitative Analysis for Managerial Applications
Assignment No.	:	MS-8/TMA/Sem-II/2020
Coverage	:	All Blocks

 

Note: Attempt all the questions and submit this assignment to the Coordinator of your Study Centre on or before 31^st October, 2020.

 

1.         The prices (in Rs.) of three X, Y and Z are x, y and z per unit respectively. A purchases 4 units of Z and sells 3 units of X and 5 units of Y. B purchases 3 units of Y and sells 2 units of X and 1 Unit of Z. C purchases 1 unit of X and sells 4 Units of Y and 6 units of Z. In the process A, B and C earn Rs. 6000, Rs. 5000 and Rs. 13000 respectively. Using matrics, find the prices per unit of three commodities.

 

 

2.         Calculate Quartile derivation.

 

Monthly Wages (Rs.)	No. of Workers
Below 850	12
850-900	16
900-950	39
950-1000	56
1000-1050	62
1050-1100	75
1100-1150	30
1150 and above	10

 

 

3.         Four Cards are drawn at random from a well shuffled pack of 52 cards, find the probability that

 

(i)            They are a king, a queen, a jack and an ace,

(ii)          Two are king and two are queens,

(iii)        Two are black and two are red,

(iv)        They should be one from each suit.

 

 

4.         Based on a nationwide poll, a seller of printed advertisements estimates that 56% of all adults usually open all the mail they receive. If this is still the current rate at which adults open mail, what is the probability that in a random sample of 1000 adults, the number who usually open all of their mail will be

(a) Less than 541

(b) 570 or more?

5.         Write short note on any three of the following:

 

a)   Poisson Distribution.

b)   Purposive Sampling.

c)   Geometric Mean.

d)   Rank Correction.

 

e)    Advantages of Quantitative Approach of Management.

 

 

 

 

 

 

 

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