MS - 08: Quantitative Analysis for Managerial Applications - IGNOU solved assignments

 

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MS-08

 

 

 

 

 

 

 

 

 

 

 

 

Management Programme

 

 

 

 

 

 

 

 

ASSIGNMENT

FIRST SEMESTER

(January to June)

2021

 

 

 

 

 

 

 

MS - 08: Quantitative Analysis for Managerial Applications

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

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		ASSIGNMENTS
Course Code	:	MS -08
Course Title	:	Quantitative Analysis for Managerial Applications
Assignment No.	:	MS-08/TMA/SEM-I/2021
Coverage	:	All Blocks

 

Note : Attempt all the questions and submit to the coordinator of your study centre on or before 30^th April, 2021.

 

1.                The total cost, C(x) associated with producing and marketing x units of an item is given by

 

C (x) = 0.005x³ -0.02x² -30x +3000

 

Find       (i) Total cost when output is 4 units.

 

(ii)   Average cost of output of 10 units.

 

(iii)   Marginal cost when output is 3 units.

 

2.                  “The success of collecting data through a questionnaire depends mainly on how skillfully and imaginatively the questionnaire has been designed”. Explain some important points to be kept in mind while drafting a questionnaire.

 

3.                  In a society of 5000 people, 1200 are above 30 years of age and 3000 are female. Out of the 1200 who are above 30, 200 are female. Suppose after a person is chosen you are told that the person is a female. What is the probability that she is above 30?

 

4.                  A sample size 25 is picked up at random from a population which is normally distributed with a mean of 100 and variance of 36. Calculate:-

 

(a)   P_r{ X≤99}͞

 

(b)   P_r{98≤ X≤100}͞

 

5.                  “Economic or business oriented time series are made up of various components”. What are those components and also explain the relationship between them.

 

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