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Assignment 2 Data Analysis For Managers

This document is an assignment for an MBA course on data analysis for managers. It consists of 5 questions assessing students' understanding of time series analysis and probability distributions. The assignment is divided into two sections - section A contains a short question requiring notes on time series components, index numbers, and probability concepts. Section B contains two multi-part questions from each of two units, on time series analysis and normal distributions. Students are asked to attempt one question from each unit. The assignment aims to meet several course and program outcomes related to data analysis skills.

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deltarock133
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0% found this document useful (0 votes)
22 views

Assignment 2 Data Analysis For Managers

This document is an assignment for an MBA course on data analysis for managers. It consists of 5 questions assessing students' understanding of time series analysis and probability distributions. The assignment is divided into two sections - section A contains a short question requiring notes on time series components, index numbers, and probability concepts. Section B contains two multi-part questions from each of two units, on time series analysis and normal distributions. Students are asked to attempt one question from each unit. The assignment aims to meet several course and program outcomes related to data analysis skills.

Uploaded by

deltarock133
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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MAHARISHI MARKANDESHWAR DEEMED TO BE UNIVERSITY, MULLANA -AMBALA

(Established under Section 3 of the UGC Act 1956)


(NAAC Accredited Grade ‘A++’ University)

M.M. Institute of Management


ASSIGNMENT-II
Subject Name with code: Data Analysis For
Class & Semester: MBA Ist Sem
Managers

Date of Assignment:14/11/2023 Date of Submission: 30/11/2023


Total Marks:30

COs Marks
CO 3 To learn the concept of Time Series and other functions. 15
CO 4 To understand the theoretical frequency distribution. 15

Bloom’s Taxonomy Mapping Matrix

Bloom’s Taxonomy Q1
Q2 Q3 Q4 Q5
Levels a b c d
Level-6 (Create) -- -- -- -- -- -- -- --
Level-5 (Evaluate) -- -- -- -- -- 5 --
Level-4 (Analyzing) -- -- -- -- -- 4 4 --
Level-3 (Apply) -- -- -- -- -- -- -- 3
Level-2 (Understanding) 2 2 2 2 2 -- 2 --
Level-1(Remembering) -- -- -- -- -- -- -- --

Note: Assignment is divided into two sections A and B


Do write section and question number opposite each of your answer.

Section A

Note: Q.1 is compulsory. All parts carry equal marks (8 Marks)

Q.1 Write short notes on the following: COs PEOs POs PSOs
a) Components of time series 3 1 1 2
b) Quantity index number 3 1 1 2
c) Probability distribution 4 1 1 2
d) Addition Theorem of probability 4 1 1 2

Section B
Note: All Questions carry equal marks. (11*2=22 Marks)

Note Attempt at any one question from each Unit: COs PEOs POs PSOs
Unit-1
Discuss the concept of time series and its uses and
Q.2 3 1 1 1
measurement methods.
Calculate Fisher’s Index for the following data:
Commodity 1993 1994
Price Expenditure Price Expendit
ure
Q.3 A 8 80 10 120 3 2 2 -
B 10 120 12 96
C 5 40 5 50
D 4 56 3 60
E 20 100 25 150
Does it satisfy the time reversal and factor reversal test.
Unit-2
Explain the concept of normal distribution and its properties
Q.4 4 1 1 1
and applications.

In a bolt factory, machine A, B and C manufactures


respectively 25%, 35% and 40% of the total. Of their output,
Q.5 4 2 2 --
5, 4, 2 percent are defective bolts. A bolt is drawn at random
from the product and is found to be defective. What is the
probability that it was manufactured by machine C?

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