Business Statistics - NMIMS solved assignments

 

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Business Statistics

 

1: Calculate the Mean and Standard Deviation using Total MSMEs, Total Manufacturing MSMEs, and Total Service MSMEs. Write your comment if mean is affected by extreme observation.(10 Marks)

 

State	District	Total MSMEs	Total Manufacturing MSMEs	Total Service MSMEs
HIMACHAL PRADESH	Chamba	755	246	509
HIMACHAL PRADESH	Kangra	2735	851	1884
HIMACHAL PRADESH	Lahul & Spiti	36	17	19
HIMACHAL PRADESH	Kullu	1229	444	785
HIMACHAL PRADESH	Mandi	1581	668	913
HIMACHAL PRADESH	Hamirpur	578	229	349
HIMACHAL PRADESH	Una	1731	717	1014
HIMACHAL PRADESH	Bilaspur	409	181	228
HIMACHAL PRADESH	Solan	4951	2848	2103
HIMACHAL PRADESH	Sirmaur	1014	563	451
HIMACHAL PRADESH	Shimla	1795	413	1382
HIMACHAL PRADESH	Kinnaur	148	42	106

 

Source: Data.Gov.in (MSMEs as per 2011)

2: Three airlines serve a small town in Rajkot District. Airline A has 50% of all the scheduled

flights, airline B has 30%, and airline C has the remaining 20%. Their on-time rates are 80%, 65%,and 40%, respectively.

A plane has just left on time. What is the probability that it was airline A?

Note: Draw the Tree-diagram using Paint App. (10 Marks)

 

3: Here is the Agri-Data, mention the name of dependent and independent variables.

Part A: Prepare the line of regression Y on X. (5 Marks)

 

Part B: Calculate r2 (coefficient of determination). Interpreted the byx. (5 Marks)

 

District 2	Rapeseed & mustard production in metric tonnes	Rapeseed mustard area (hectare)
UTTAR KASHI	437	873
CHAMOLI	193	407
RUDRA PRAYA	154	325
TEHRI GARHW	466	848
DEHRADUN	139	226

 

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