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JAIPUR NATIONAL UNIVERSITY, JAIPUR
School of Distance Education & Learning
Internal Assignment No. 1
Master of Business Administration
Paper Code:
MBA– 102
Paper Title:
Quantitative Techniques
Last date of submission:
Max. Marks: 30
Note: Question No. 1 is of short answer type and is compulsory for
all the students. It carries 1 Mark each.
Q. 1. Answer all the questions:
(i)
What is the difference between qualitative and quantitative techniques?
Answer
: Many times those that undertake a research project often find
they are not aware of the differences between Qualitative Research and
Quantitative Research methods. Many
mistakenly think the two terms can be used interchangeably.
(ii)
Differentiate X3+3X2+X
Answer :
Differentiate X3+ 3X2+X.The rules of differentiation say that if y= kX^n then
dy/dx = knX^n-1.
(iii) What is a Null matrix?
Answer : A
null matrix is a square
(vi) Give one example of
Diagonal matrix.
Answer : A diagonal matrix is a
symmetric matrix where all the off diagonal elements are 0. Matrix Aisdiagonal.The term usually
(v) What is Maxi-Max Criterion?
Answer : The Maximax criterion
is an optimistic approach. ... This criterion appeals to the adventurous
decision maker who is attracted by high payoffs.
(vi) what are mutually exclusive and mutually
exhaustive event
Answer: Mutually Exclusive Events: Two events, A and B, are said to
be mutually exclusive if the occurrence of A prohibits the occurrence of B (and
vice versa)
(vii) What is the concept of EMV & EVPI?
Answer:EMV is
defined as the expected monetary value.
The EMV is the expected or average
return that we would realize if we were to repeat the decision an infinite
number of times.
(viii) Define the seasonal Analysis with an
example.
Answer: Seasonality is
a fluctuation in sales or
profits during the course of a fiscal year.
How it works
(Example):
(ix) Four Coins are tossed, find the probability
of getting at least 2 tails.
Answer: Probability of Getting 2 Tails in 4 Coin Tosses
(x) Give the meaning of IRREGULAR FLUCTUATIONS
& Give one example of such fluctions.
Answer: The fluctuations which remain after trend,
cyclical, andseasonal fluctuations have been eliminated are known as irregular
fluctuations.
Note: Answer any four questions. Each question
carries 5 marks.
Q. 2: Compute the inverse of the
following matrix.
1 -3 5
10 4 7
0 6 -8
Answer:
Q. 3. Explain the role of LPP in
business decision making with suitable examples.
Answer: Definition:
Linear programming is very important in various fields of life especially in managerial decision making. The reason is that it helps the company in minimizing the costs and maximizing the profits.
Q. 4. Find the correlation
coefficient between X and Y.
Answer :
Q. 5. A newspaper boy buys
magazines for Rs.13 each and sells them for Rs.18 each.
He cannot return the unsold
magazine. The past record of sales is as follows:
i) Prepare the opportunity
loss table
ii) Select the optimal act
using expected opportunity loss criterion.
iii) Find EVPI
Q. 6.Find the regression
equations between Sales and profit.
Answer:
Dear students, get latest JNU MBA Solved assignments by
professionals.
Mail us at: help.mbaassignments@gmail.com
Call us at: 08263069601
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