MANAGEMENT PROGRAMME
Term-End Examination
MS-8 December, 2015
MS-8 : QUANTITATIVE ANALYSIS FOR MANAGERIAL APPLICATIONS
Time : 3 hours Maximum Marks : 100
(Weightage 70%)
Note : (i) Section A has six questions, each carrying 15 marks. Attempt any four questions from this
Section.
(ii) Section B is compulsory and carries 40 marks. Attempt both questions.
(iii) Statistical tables may be supplied on request.
(iv) Use of calculator is permissible.
SECTION - A
1. A person pays a total of Z 975 through monthly installments each less than the former by Z 5. The
first installment is ! 100. In how many installments will the amount be paid ?
2. Calculate the harmonic mean from the following frequency distribution :
3. The incidence of a certain disease is such that on an average 20% of workers suffer from it. If 10 workers are selected at random, find the probability that :
(a) Exactly two workers suffer from the disease.
(b) Not more than 2 workers suffer from the disease.
4. Explain the meaning of sampling distribution of a sample statistic. Obtain the sampling distribution of mean in case of sampling from infinite populations.
5. A company wants to study the relation between R and D expenditure (X) and sales (Y) for the ten-year period. Determine the correlation coefficient between these variables.
6. Write short notes on any three of the following :
(a) Identity matrix
(b) Quantiles
(c) Axioms of probability
(d) The power curve of a test
(e) Mixed Auto-regressive - moving average models
SECTION – B
7. The mean life of a sample of 10 electric bulbs was found to be 1456 hours with a standard deviation of 423 hours. A second sample of 17 bulbs chosen from a different batch showed a mean life of 1280
hours with a standard deviation of 398 hours. Is there a significant difference between the meansof the two batches ?
8. What is skewness ? Distinguish between Karl Pearson's and Bowley's coefficient of skewness. Which one of these would you prefer and why ?
