Test Papers / Previous Question Papers of IGNOU MS8 Quantitative Analysis for Managerial Applications June 2006

Time: 3 hours
Maximum Marks: 100
Weightage: 70%

Note: (i) Section A has six questions, each carrying 15 marks. Attempt any four questions
(ii) Section B is compulsory and carries 40 marks, Attempt both questions.
(iii) Statistical tables may be supplied on demand

MS8(S) Quantitative Analysis for Managerial Applications

June 2006

SECTION A

1. Describe various statistical techniques which are useful to a decision maker in solving problems. Clearly state the purpose of these techniques and highlight the advantages of the quantitative approach to management.

2. Calculate median, 6th decile and 40th percentile from the following data :

Wages per week	No. of workers
50 - 100	15
100-150	40
150-200	35
200-250	60
250-300	125
300-350	100
350-400	70
400-450	40
450-500	15

3. Assuming that 2 in 10 industrial accidents are due to fatigue, find the probability that

(a) Exactly 2 to 8 industrial accidents will be due to fatigue.

(b) At least 2 of the 8 industrial accidents will be due to fatigue.

4. At a petrol station, the mean quanlity of petrol sold to a vehicle is 20 litres per day with a standard deviation of 10 litres. If on a particular day, 100 vehicles took 25 or more litres of petrol, estimate the total number of vehicles which took petrol from the station that day. Assume the quantity of petrol taken from the station by a vehigle is a normal variate.

5. The manufacturer of a spot remover claims that his product removes at least 90% of all spots. What can be concluded about his claim at the level of significance cr = 0.05, if the spot remover removed only 174 of the 200 spots chosen at random from the spots on clothes brought to a dry cleaning establishment ?

6. Write short notes on any three of the following :

(a) Derivative of a function of a function

(b) Relative frequency

(d) Chi-square distribution

(e) Moving average models

Section B

7. A bag contains 8 red and 5 white balls. Two successive drawings of 3 balls each are made such that

(a) Balls are replaced before the second trial

(b) Balls are not replaced before the second trial

Find the probabilip that the first drawing will give 3 white and the second 3 red balls.

8. From the following table, find the missing values and calculate the coefficient of correlation bv Karl Pearson's method :

X	6	2	10	4	?
Y	9	11	?	8	7

Arithmetic mean of X and Y are 6 and 8 respectively.

Testpapers of related examinations conducted by IGNOU

The following is a partial list of Testpapers of similar / related courses to Quantitative Analysis for Managerial Applications offered by IGNOU

Note: The above courses are picked automatically by the website for indicative purpose only. However, students are requested to check with the University for the similarity of the course or for any other information in regard to the course.

B School Updates

B School Admissions
Do check out Admissions for Business, Management & Commerce courses

Business Schools Directory
Browse through the complete List of Top Business Schools in India

Quiz Time!!
Did you try our latest Business Quiz - Finance
Test your knowledge on Business & Finance terminology..