User Account

All Pages

sTATISTICS FOR MANAGEMENT, Basic Statistics

Assignment Help:
1. Mention the characteristics of Statistics. Explain any two applications of Statistics.
2. Distinguish between primary and secondary data. What are the methods of collecting primary data?
3. Find Karl Pearson’s correlation coefficient between the sales and expenses from the data given below:
Sales
(Rs. Lakhs)
50
50
55
60
65
65
65
60
60
50
Expenses (Rs. Lakhs)
11
13
14
16
16
15
15
14
13
13
4. The incidence of occupational disease in an industry is such that the workers have a 20% chance of suffering from it. What is the probability that out of six workers 4 or more will contract the disease?
5. Use chi-square test to test if the two attributes (Performance and Training) in the following table are independent. Test at 5% level of significance.
Performance
Training
Intensive
Good
Average
Total
Above Average
100
150
40
290
Average
100
100
100
300
Poor
50
80
150
280
Total
250
330
290
870
Fall 2012
6. Construct index numbers of price for the following data by applying:
i) Laspeyre’s method
ii) Paasche’s method
iii) Fisher’s Ideal Index number
Commodity
Base year
Current year
Price
Quantity
Price
Quantity
A
2
8
4
6
B
5
10
6
5
C
4
14
5
10
D
2
19
2
13

Related Discussions:- sTATISTICS FOR MANAGEMENT

Calculate the p-value for the test statistic value, A subject is asked to p...

A subject is asked to pick the suit of a card that she does not see, picked at random from a standard deck of playing cards. If the subject has no extra-sensory powers (ESO) her gu

Financial accounting, when the closing inventory is understated, the profit...

when the closing inventory is understated, the profit for the period will

Functions of statistics .., Mention four characteristics and functions of s...

Mention four characteristics and functions of statistics

Financial management, accounts receivable is an asset

accounts receivable is an asset

#measures of central tendency, #what is the importance of measures of centr...

#what is the importance of measures of central tendency to Human resource management

Rolling Dice, I roll a fair die n times and don’t see the face 1 in the fir...

I roll a fair die n times and don’t see the face 1 in the first r rolls (r

Inventory control, Inventory control Inventory Control is the guidance of ...

Inventory control Inventory Control is the guidance of provide, storage and convenience of items to ensure an adequate provide without excessive oversupply. It can also be known a

S, What is samplings and its methods

What is samplings and its methods

Historigram, what is historigram in statistics please give the problems and...

what is historigram in statistics please give the problems and there solution in statistics as soon as possible

SECULAR TREND, SECULAR TREND

SECULAR TREND

Write Your Message!

Captcha
Order Assignment

Featured Services

Order Now

Popular Subjects

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd